In this episode of Mutual Fund Minute, host Nathan Greene, Sidley partner and leading regulatory lawyer, interviews Jason Nagler, senior director for accounting and compliance at the Investment Company Institute. They discuss the ICI’s April 2026 whitepaper titled “Valuation Governance Considerations for Private Credit Assets in Regulated Funds.” Tune in to hear more about these important developments.

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.

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.