Regulatory Alerts2015-10-15 | 2015-24507Added · Updated
Open-End Fund Liquidity Risk Management Programs; Swing Pricing; Re-Opening of Comment Period for Investment Company Reporting Modernization Release
The Securities and Exchange Commission proposes new rule 22e-4 requiring registered open-end funds, excluding money market funds, to establish comprehensive liquidity risk management programs to mitigate redemption risks and shareholder dilution. The Commission also proposes amendments to permit eligible funds to use swing pricing to allocate transaction costs to participating shareholders and updates disclosure and reporting requirements via Forms N-1A, N-PORT, and N-CEN. Additionally, the comment period for the related Investment Company Reporting Modernization release is reopened until January 13, 2016.
More like this from SEC
SEC published 3 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share