Robert McTamaney Quoted Regarding Fund Investments in Emerging Markets

Corporate partner Robert A. McTamaney was quoted regarding the risks in investing in emerging markets in the article “Morgan Stanley Settlement Shows Risk of Emerging Markets” published in the February 23, 2012 issue of Board IQ. Mr. McTamaney said the SEC’s interest in funds’ activities abroad “came as something of a shock to the funds.” “The SEC and the DOJ now have expanding task forces all investigating these areas. You’ve got to look more and more carefully at it every time a payment has any question mark on it, find out where it’s going and why it’s being made,” he said. “It may be a case where you want to go and disclose it to the government and get their blessing.”

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