Downward trending market concerns have already cast a long shadow over the start of the year. But as asset managers strategize their response to market volatility, they should be mindful of regulatory demands that will have an impact on any action.

Pricing will be a particular thorn in the side of asset managers, and fund boards will face an active SEC, a panel of industry experts gathered by Money Management Executive suggest.

Directors begin the year under pressure to understand how they will incorporate these potential new oversight duties into their ever-expanding responsibilities, says Susan F. Wyderko, CEO of the Mutual Fund Directors Forum.

For instance, the SEC recently proposed a package of liquidity rule reforms including a concept of swing pricing whereby liquidity risk could be priced into the fund's NAV to reflect individual shareholder trading activity, subject to fund board approval, notes William Kelly, CEO of the Chartered Alternative Investment Association.

Expect regulators to continue deepening their focus on identifying and managing systemic risk, adds Todd Moyer, executive vice president of Confluence.

And the SEC interest in cybersecurity will only grow, says Erlend Bo, managing director at Angel Oak Capital Advisors.

Throughout this week, Money Management Executive will run their full commentaries.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.