Funds Talk: December 2017

Topics covered in this issue include:

• Tax Reform Bills Seek Largest Restructuring of Tax Code in More Than a Generation
  The Tax Cuts and Jobs Act would overhaul the U.S. tax code, which could have significant effects on the investment management industry.
• SEC Investor Advisory Committee Discusses Blockchain's Effect on Markets
  SEC Chairman Jay Clayton recently discussed the SEC's approach to applying securities law to technology-based offerings and the importance of developing a regulatory framework while still benefitting from new methods of raising capital.
• Trump Administration Issues Guidance on Asset Management and Insurance Regulation
  The Trump Administration released guidance, including a list of seven "core principles" underlying the Federal government's regulatory efforts in the financial sector, that will have wide-ranging effects on various aspects of the asset management and insurance industries.