On this episode, Investment Management Group members Kathryn Maass and James Borrasso discuss the SEC's recent request for comment on novel ETFs. From private assets and crypto exposure to leveraged, single-stock, and other innovative strategies, the ETF landscape is evolving rapidly. The SEC is has asked for industry input on whether the existing regulatory frameworks are equipped to handle these emerging and innovative products. Potential changes could reshape how novel ETFs are reviewed, listed, and brought to market, with significant implications for fund sponsors, investor access and innovation in the marketplace. The industry is watching closely for what could be the next major chapter in ETF regulation.

Focused on Finance Podcast: Investment Management Series is Chapman's podcast dedicated to the legal, regulatory, and business developments shaping the investment management industry. The series delivers practical insights and analysis to help fund managers and advisers stay informed and ahead. Explore our latest episodes below.

On this episode, Investment Management Group members James Borrasso and Matt Stuart join Kathryn Maass to discuss ETF share class relief. ETF share class relief is changing how funds structure and offer products. With Vanguard's patent expired, dozens of fund sponsors are racing to offer dual share classes—combining mutual funds and ETFs under one roof. The SEC's new exemptions promise investor choice, tax perks, and broader distribution, but bring fresh compliance hurdles. The industry is buzzing, and the next wave of fund innovation is just getting started.

On this episode, Investment Management Group members James Borrasso and Kathryn Maass join Matt Stuart to discuss the retailization of private assets. Private markets are breaking down barriers—retail investors now have increased access to assets once reserved for institutions. Regulatory changes and innovative fund structures are fueling this shift, but challenges around valuation, liquidity, and governance remain. This episode dives into how the industry is adapting and what it means for the future of investing.

On this episode, Investment Management Group members Kathryn Maass and Matt Stuart join James Borrasso to discuss the most recent amendments to the SEC's Names Rule. The SEC's revamped Names Rule is shaking up the fund industry. Now, funds must ensure at least 80% of assets are invested in a manner consistent with the fund's name. Quarterly reviews, stricter disclosure, and expanded record-keeping are in; compliance deadlines are looming. Fund managers need to audit names, update policies, and stay alert for more SEC guidance. The message: get ready, or risk falling behind.