Milbank Litigation partner Sean Murphy was a featured faculty member at the American Law Institute’s Life Insurance Company Products 2017 conference, taking place November 1–3, 2017 in Washington, DC. The nationally recognized conference addressed significant developments in the industry and covered current SEC, FINRA, insurance, tax, and ERISA regulatory and compliance issues.
Mr. Murphy spoke on a panel titled “Mutual Funds and Advisers: Key Regulatory and Litigation Developments” on November 3. The panelists discussed key regulatory and other developments affecting mutual funds and advisers, including the recent decisions in AXA and Hartford alleging “excessive fees”; implementation issues with the new SEC liquidity and reporting modernization rules; the status of the SEC's proposed derivatives rule; the recent IM Guidance Update on robo-advisers; issues with using “clean” shares and T-share classes; and more.
For more information on Life Insurance Company Products 2017, please click here.
