SEC adopts fund of funds arrangements rule
Currently, Funds must obtain an SEC exemptive order to acquire shares of another Fund in excess of SEC limits. The...
Financial Services
Articles
Inline XBRL insight for mutual funds and variable contracts
The deadlines for financial services providers to start filing certain disclosures in iXBRL format has been in effect for Large...
SEC Rule 498A impact on variable annuity / variable universal life companies
The Securities and Exchange Commission adopted Rule 498A, including form amendments, which intends to modernize disclosure requirements and allow investors...
FAST Act modernization rule: Highlights for investment companies
On May 2, 2019 the SEC Fixing America’s Surface Transportation Act (FAST Act) Modernization Rule became effective. While most of...
SEC Rule 30e-3 is now effective
As of January 1, 2019, Rule 30e-3 officially became effective. Rule 30e-3 creates an optional “notice and access” method for...