Mutual Funds

SEC signaled its intention to begin relief for funds with both ETF and mutual fund share classes

RCW has obtained a copy of a FINRA exam letter asking for the firm’s 'written supervisory procedures' related to 'clone funds'

"It is a signal that the Commission is willing to reexamine outdated constraints, embrace innovation, and consider relief that could benefit investors, fund sponsors, and ...

Another lesson this case presents is don’t promise the SEC you will do something—and then not do it

The latest Commission move toward welcoming retail investors to private funds comes through new guidance on disclosures required of registered closed-end funds that invest in ...

Statement on Certain Form N-PORT Data Office of Public Affairs May 14, 2025 The staff of the Securities and Exchange Commission has determined that certain ...

Letter details five rulemaking priorities that would benefit "the 120 million Americans who use investment funds"

Time is needed to complete a Commission review of the amendments in accordance with a Presidential Memorandum

Given President Trump's directive, the SEC is extending the compliance dates of Form N-PORT changes to provide time for the Commission to complete its review

"Advance Capital Management failed to consider whether pending class action claims could be monetized for the benefit of ACI’s shareholders prior to redemption"