In both the Harris and Ameriprise mutual fund matters, CRA was retained as an expert witness. Our experts developed a methodology that considered integrated IT, internal accounting and regulatory control, cost accounting, and management systems to demonstrate that the fees met the Gartenberg standards. Our methodology can also help boards of trustees determine the fairness of fees and demonstrate fee rationale in negotiations with mutual fund advisers.
Practical steps for compliance leaders amid evolving risks
The current environment of economic uncertainty, coupled with shifting regulatory priorities and evolving compliance risks, is changing the corporate...