Page 7 - Proposing Release News Today

On May 25, 2022, the Securities and Exchange Commission (“SEC”) proposed amendments to rules and forms under both the Investment Advisers Act of 1940 (“Advisers Act”) and the Investment...

On May 25, 2022, the SEC proposed amendments to Rule 35d-1, the fund “Names Rule,” (Names Rule Amendments) and, separately, proposed amendments to several rules and forms that would...

Seven years ago, the Securities and Exchange Commission proposed rules that would direct the national securities exchanges and national securities associations to establish listing...

Securities and Exchange Commission proposed rules that would direct the national securities exchanges and national securities associations to establish listing standards that would require each issuer to develop policy providing the recovery and has reopened comment Period

Proposed Amendments by the U.S. Securities and Exchange Commission would significantly expand the scope of terms that the SEC considers materially deceptive and misleading in a registered investment company’s a fund name without a corresponding policy to invest at least 80%.

In a 3-1 vote, the US Securities and Exchange Commission on May 25 proposed amendments to Rule 35d-1 under the Investment Company Act of 1940 (the Names Rule) that, if adopted as...

On May 25, 2022, the Securities and Exchange Commission (“SEC”) proposed amendments to Rule 35d-1 (the “Names Rule”) under the Investment Company Act of 1940, as amended (“1940 Act”),...

SEC is motivated by concerns over greenwashing where disclosure of ESG considerations in materials do not align with actual investment practices, and the Proposed Amendments would also capture other terms that historically have been considered investment strategy terminology

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...

<p><span>Today, the Commission draws on more than two decades of experience analyzing fund names and considering how certain names may mislead investors about a fund’s investment focus, potentially resulting in misallocations of capital. Today’s proposal would modernize the existing “Names Rule” in light of current fund practices, enhance consistency of the rule’s application across funds, and provide key safeguards for investors.<...