In justifying the proposal, the SEC noted the COVID effect. "Overall, the market events in March 2020 show how liquidity can deteriorate rapidly and significantly”
Many advisers hold Monday morning monitoring meetings, where they discuss the state of financials. “That’s the information they should be using for valuation”
Although AlphaCentric had delegated pricing responsibilities for the Fund to the Sub-Adviser in the sub-advisory agreement, AlphaCentric did not adopt policies and procedures to provide ...