FisherBroyles Partner Julian Hammar quoted in

On January 6, 2020, Noah Zuss quoted Julian in his article for entitled, “SEC derivatives rule may lead to new products.” The article discusses the SEC’s recently proposed rules on derivatives use by mutual funds that, if adopted, will replace the patchwork of SEC staff no-action letters and regulatory guidance on funds’ derivatives usage with risk-based requirements. While the rules would require asset managers to change their risk management practices, the article contends that they could also make it easier for them to offer new products that aim to balance risk or provide a buffer against losses.

You can read the article here (subscription required).