Regulatory Alerts2017-09-22
Amendment of Guidelines on Market Levies
The Securities and Exchange Commission amended its 2017 Guidelines on Market Levies to suspend the levy on funds under management effective July 1, 2017. This regulatory change aims to remove disincentives for asset owners and create a level playing field to boost capital market activity. The suspension does not affect levies collected prior to the effective date, and all other market levies remain in full force.
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