SEC: Rulemaking

Our proposal would modernize the rule and establish a new exemption to facilitate capital formation, including through offerings relying upon recently adopted intrastate crowdfunding provisions ...

The SEC’s Division of Investment Management and the Office of Compliance Inspections and Examinations are actively developing a recommendation that would establish a program of ...

Look for recommendations related to funds’ use of derivatives to be advanced by the SEC by year-end. In a Sept. 29 address in celebration of ...

A new 415-page rule proposal gained unanimous support Sept. 22 from SEC commissioners. If finalized, the rulemaking would require advisers with open-end mutual funds and ...

Liquidity risk management is not an exact science. But, it is vitally important that open-end funds and their advisers get it right. For if they ...

The proposals before us today are an excellent example of a Commission initiative that focuses on our core responsibilities – what I often refer to ...

I support publishing today’s proposal for public comment, but I am concerned about the rule’s three-day liquid asset minimum requirement. While in practice many funds ...

I am concerned that the proposal does not go far enough in certain areas. In particular, we have seen a steady increase in the number ...

The proposed amendments also seek to enhance disclosure regarding fund liquidity and redemption practices. The Commission is proposing new rule 22e-4, which would require each ...

These amendments implement the congressional mandate in Section 939A of the Dodd-Frank Act (“Dodd-Frank”) to eliminate such references from all of our rules. Since ...