SEC: Rulemaking

"Small entities will have to endure compliance costs that are not insignificant, as will smaller funds. These costs will be in addition all of the ...

"But investors are increasingly seeking and using climate-related information. Public and private funds, asset managers, index providers, among others, have demanded information on risks related ...

'Everyone’s guessing at this point'

Acting IG finds 'a persistent challenge' in agency coordination

“What is a chief compliance officer to do,” asked a commissioner. “An already burdensome regulatory regime is made even more burdensome when the functions that ...

The Investment Company Institute 'strongly' recommended that any final rule exclude exchange-traded closed-end investment companies funds from efforts to “modernize share repurchase disclosure

"Today’s proposed rules take a principles-based approach to defining covered functions as a service that is necessary to provide advisory services and would materially harm ...

"The rule thus may end up abrogating fiduciary duty and replacing it with our predefined approach to best interest—one not responsive to unique facts and ...

"When an adviser outsources a core function, that adviser does not check its fiduciary duties at the door"

"The data-gathering component of the proposal would improve our ability to identify concentration of service providers in specific regions for certain functions, domestically and abroad"