Mutual Funds

This is the SEC's proposed revised liquidity risk management rule from November 2022

This is the SEC's proposed swing pricing rule for certain registered funds that the Commission approved in November 2022

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 proposal incorporates lessons from actual times of stress. As the proposal notes, in March 2020, at the outset of the Covid-19 pandemic, most segments ...

"We saw such systemic issues during the onset of the Covid-19 pandemic, when many investors sought to redeem their investments from open-end funds. The resulting ...

"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"

"The proposal would require all funds to determine and maintain a minimum amount of highly liquid assets, which can help funds better meet investor redemptions. ...

"The Commission’s actions today will make the information provided on Form N-PX easier to understand, and will also facilitate comparisons across funds"

"These proposals, if adopted, would dramatically alter how investors buy and sell fund shares. The proposals potentially reduce investor choice, and come with significant compliance ...

"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 ...