In the Margins

SEC to vote on liquidity rule

October 10, 2016

By Bloomberg

The Securities and Exchange Commission will vote Oct. 13 on its liquidity rule. Commissioners proposed the protections a year ago amid concerns that some funds could have trouble meeting redemption demands during a market selloff. The SEC also will consider rules to modernize reporting by registered investment companies. Read the original story from Bloomberg.

 

 

Most Read

Top of the Agenda - Regulatory
In-person voting relief extended through year-end

Mutual fund boards can continue conducting business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities ...

Top of the Agenda - Governance
Recruiting in the time of coronavirus

Mutual fund boards seem well on their way to mastering the art of conducting business virtually, but one area that may still be a challenge during ...