Exchange-Traded (ETFs)

The SEC adopts rule and form amendments that require open-end management investment companies to transmit concise and visually engaging annual and semi-annual reports to shareholders ...

This is the new Form N-PX that, under a new SEC final rule, mutual fund and ETFs advisers and certain institutional managers will have to ...

"Today’s proposed amendments to the Commission’s liquidity management and swing pricing rules resemble less a series of regulatory initiatives than an essay on Greek tragedy"

"I have other concerns, including the overlap between our amended investment company advertising rules and FINRA’s communications rules, but I think you get the point ...

"Shareholder reports will include a simplified expense presentation – a table showing the expenses associated with a hypothetical $10,000 investment in the fund during the ...

"Modernizing disclosures goes to the heart of the Commission’s mission to protect investors. Today’s release does exactly that"

"Today’s final rules would require fund companies to share a concise set of materials that get to the heart of the matter"

"I support today’s amendments, although I agree with Commissioner Peirce that the Commission should address concerns regarding the disclosure requirements related to acquired fund fees ...

"Because of the features of these products and their associated risks, it would likely be challenging for an investment professional to recommend such a product ...

Risk alert details observations gleaned from exams of more than 50 fund complexes and nearly 100 investment advisers