Regulatory Alerts2018-07-10 | 2018-14366Added
Investment Company Liquidity Disclosure
The Securities and Exchange Commission adopted amendments to Form N-PORT and Form N-1A to replace public aggregate liquidity classification reporting with narrative disclosures in shareholder reports. This final rule requires registered open-end investment companies to discuss the operation and effectiveness of their liquidity risk management programs while rescinding previous public disclosure mandates. Additionally, the Commission amended reporting requirements to allow multiple liquidity classifications for single positions and mandated the reporting of cash and cash equivalent holdings.
Topics
Share