Mutual Fund Minute

Hosted by Sidley Austin LLP

BusinessInterviews guests

Website RSS feed

Episodes

Latest episode

Nov 2025

Language

EN-US

About the show

Welcome to Sidley Austin LLP’s Mutual Fund Minute podcast , a series of short insights addressing issues of interest to fund directors, advisers, and other stakeholders. Join Sidley lawyers and guests as they discuss key regulations, industry developments, and what they may mean for you.

Listen to episodes

40 recent

November 18, 202515 min

SEC Staff Guidance: Can State-Chartered Trust Companies Custody Digital Assets?

Are state-chartered trust companies "banks" that can custody digital assets for investment advisers and funds? In this episode of Mutual Fund Minute, Sidley Investment Funds partner Chuck Daly and host Jay Baris examine SEC staff guidance interpreting the definition of a "bank" in the Investment Advisers Act and the Investment Company Act. Tune in to find out what the guidance means for registered advisers and investment companies that hold digital assets, and why it matters.

November 12, 202514 min

What You Need to Know About ETF Share Classes

In this episode of Mutual Fund Minute, Sidley Investment Funds partner Matthew Kutner joins host Jay Baris to tell you what you need to know about regulatory developments that will allow mutual funds to issue ETF share classes. Matt and Jay explore what ETF share classes are, how they work, potential risks for investment advisers and fund directors, how ETF share classes could transform fund investing, and more.

September 2, 202525 min

Discussing Developments in the UK and EU’s Asset Management With Sidley’s Leonard Ng

In this episode of Mutual Fund Minute, Leonard Ng, head of the firm’s UK/EU Financial Services Regulatory group, joins host Jay Baris to discuss developments in asset management in the UK and EU. Jay and Leonard discuss how the UK’s Financial Conduct Authority hopes to make the UK more competitive with the EU in the post-Brexit environment.

June 12, 202514 min

BDC and Interval Fund Co-Investment Relief: A Conversation With Sidley’s Nathan Greene

In this episode of Mutual Fund Minute, Nathan Greene, Sidley partner and leading regulatory lawyer , joins host Jay Baris to discuss how the Securities and Exchange Commission eased restrictions on co-investments involving closed-end funds and business development companies (BDCs). Jay and Nathan discuss how the SEC’s action changes the regulatory landscape for these funds by providing more flexibility and less burdensome oversight by fund directors.

March 17, 202511 min

Reimagining the Investment Company Act of 1940, Part II

In this episode of Mutual Fund Minute, Paul Cellupica, the General Counsel of the Investment Company Institute, and host Jay Baris continue to analyze the ICI’s proposals to revisit the Investment Company Act of 1940. They discuss the “retailization” phenomenon, revising the annual shareholder meeting requirement for closed-end funds, easing restrictions on co-investments among affiliated funds, and ways to address the growing popularity of interval funds.

February 14, 202518 min

Reimagining the Investment Company Act of 1940, Part I

In this episode of Mutual Fund Minute, Paul Cellupica, the General Counsel of the Investment Company Institute, joins Sidley’s Jay Baris to discuss the ICI’s proposals to modernize the Investment Company Act of 1940. The ICI’s report, called “Reimagining the 1940 Act: Key Recommendations for Innovation and Investor Protection,” outlines specific proposals to modernize regulations governing mutual funds, ETFs and other registered funds. Paul and Jay discuss the proposals and what they would mean for investment companies, independent fund directors and investment advisers.

December 5, 20249 min

Discussing AI, Data, and Cyber Regulation in Europe With Sidley’s William Long, Part II

This week on Mutual Fund Minute, Sidley partner Jay Baris continues his conversation with William Long, the global co-chair of Sidley’s Privacy and Cybersecurity practice who also heads Sidley’s EU Data Protection group. Together, they discuss the application of AI and related risks involving investment managers arising out of the EU’s AI Act. This episode is part of an ongoing Mutual Fund Minute series focused on cybersecurity and AI.

November 1, 20248 min

Discussing AI, Data, and Cyber Regulation in Europe With Sidley’s William Long, Part I

This week on Mutual Fund Minute, Sidley partner Jay Baris talks with William Long, the global co-chair of Sidley’s Privacy and Cybersecurity practice who also heads Sidley’s EU Data Protection group. William summarizes the world’s first artificial intelligence adopted by the European Union and its implications in Europe and the U.S. This episode is part of an ongoing Mutual Fund Minute series focused on cybersecurity and AI.

August 21, 202415 min

Mutual Fund Directors Forum’s Carolyn McPhillips Celebrates the 100th Anniversary of the Mutual Fund, Part II

This week on Mutual Fund Minute, Sidley partner Jay Baris and Carolyn McPhillips, President at the Mutual Fund Directors Forum, continue celebrating the 100th anniversary of the American mutual fund. Carolyn shares her views on the oversight by fund directors, the SEC’s proposed mandatory swing pricing rule, issues relating to fund chief compliance officers, and the role that artificial intelligence plays in asset management.

July 22, 202413 min

Mutual Fund Directors Forum’s Carolyn McPhillips Celebrates the 100th Anniversary of the Mutual Fund, Part I

This week on Mutual Fund Minute, Carolyn McPhillips, President at the Mutual Fund Directors Forum, joins Sidley partner Jay Baris to celebrate the 100th anniversary of the American mutual fund.