Money Market Funds

OCIE releases results of IC exams

December 1 marks the date by which mutual fund advisers managing under $1 billion in assets must come into compliance with the SEC’s liquidity risk ...

In all honesty, if you’re an adviser with a mutual fund with more than $1 billion in assets, you should already have plans in place ...

We would not recommend that the Commission take any enforcement action under Section 5(b) or Section 6(a) of the Securities Act against any Fund if ...

SEI funds had the option of loaning out securities to borrowers in exchange for cash collateral covering 102%-105% of the value of the loaned securities. ...

Get ready to submit some “test” filings of new Forms N-PORT and N-CEN later this year when the SEC releases a new version of EDGAR. ...

The Commission’s complaint alleged that Avatar and Fernandes failed to disclose material conflicts of interest in connection with investments Avatar made in new mutual funds ...

At times, the fabric of multiple financial regulators crosses like a quilt. Take the SEC’s Investment Company Act rule 2a-7 (money market funds). It bleeds ...

I do not think that the staff of the Commission should be supporting this kind of “window dressing” – giving the impression of greater security ...

The Division will not recommend an enforcement action under Regulation 1.25 against an FCM that continues to invest, on or after October 14, 2016, its ...