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Asset Management Regulatory Year in Review 2024

2024 was a year of meaningful regulatory change for asset managers globally. The regulatory activity was wide ranging and without a particular unifying theme. In fact, the wide, and in cases diverging focuses of key global...more

A Fund By Any Other Name: SEC Proposes Names Rule Amendments

I. SUMMARY - On 25 May 2022, the U.S. Securities and Exchange Commission (the SEC) proposed amendments (the Proposed Amendments) to Rule 35d-1 (the Names Rule) under the Investment Company Act of 1940, as amended in its...more

Registered Fund Developments: 2019 Washington D.C. Investment Management Conference

OVERVIEW OF THE ETF RULE - - On September 25, 2019, the SEC approved Rule 6c-11 under the 1940 Act (the “ETF Rule”) and related amendments to Form N-1A - The ETF Rule will rescind previously-issued exemptive orders of...more

Registered Fund Developments: 2019 New York Investment Management Conference

OVERVIEW - - Background - Overview of the Rule - Exemptions Granted by Rule - Changes Made by Rule to Current ETF Regulatory Scheme - Key Board Interests ...more

SEC Amends Liquidity Rule Reporting and Disclosure Requirements

On June 28, 2018, the Securities and Exchange Commission (“SEC”) amended certain disclosure requirements related to the “Liquidity Rule” — Rule 22e-4 — for open-end funds (except money market funds) registered under the...more

SEC Proposes Rule Changes to Public Liquidity Risk Management Disclosures

On March 14, 2018, the Securities and Exchange Commission (“SEC”) proposed amendments to public liquidity-related disclosure requirements mandated by Rule 22e-4 under the Investment Company Act (the “Liquidity Rule”). ...more

SEC Proposes New Reporting Requirements for Registered Funds

On May 20, 2015, the Securities and Exchange Commission (“SEC”) proposed rules, forms and amendments under the Investment Company Act of 1940 (the “1940 Act”) and related regulations (together, the “Proposed Amendments”) that...more

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