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David Blass Quoted in Fund Directions on Top Issues for Fund Directors in 2024

01.02.24

Partner David Blass was quoted in a Fund Directions article titled, “2024 Outlook: Regulatory Concerns Dominate Boards’ Concerns While Al Climbs up Agendas,” which discussed the topics that are top of mind for fund directors heading into 2024. When commenting on the SEC’s swing pricing rule proposal, David said, "It's important for the fund board to think about what happens if the SEC adopts swing pricing as it is proposed, and somebody out there challenges that rule. They should be asking questions about what it means for the fund and whether the fund manager should be getting ready for the rule, if it's been challenged in courts." In addition, David shared his outlook on the use of AI, observing that the technology may not have practical industry uses for years, and noted, “We need to understand what it is and where it's going, but I'm not sure it's there yet.”

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