Mutual Funds

As rule 17f-2 assumes actual physical possession of underlying securities (i.e., the certificates)[6], you propose that the Funds cease providing the Loan Documents to their ...

The final rule also permits a fund’s board to designate a “valuation designee” to perform fair value determinations. The valuation designee can be the investment ...

Voya failed to disclose, in its Forms ADV the conflict of interest arising from its policy requiring that advisory clients pay upfront commissions for purchases ...

This rule "will modernize the regulatory framework for funds to reflect the broad ways in which funds’ use of derivatives has developed over past decades, ...

We encourage funds to provide tailored disclosures of risks in the emerging markets in which they invest, and related risks, so that investors are able ...

In "a welcome improvement from the proposal, a valuation designee now will have 20 days to determine whether a matter is material and five days ...

The rule recognizes “the important role that funds’ investment advisers may play and the expertise they may provide,” states the SEC

This rule gives investment advisers broad fund valuation duties as 'valuation designees'

The final rule will effectively codify two decades’ worth of exemptive orders permitting registered funds and BDCs to exceed Investment Company Act Section 12 ownership ...

The SRO seeks five key items via its information request letter