US SEC poised to require monthly reports on investment fund holdings

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission is seen at its headquarters in Washington, D.C.

The SEC is due to instead limit guidance to complying with existing, related regulations that govern how "open-end" funds manage liquidity risk, SEC officials told reporters in advance of the vote. In such funds, investors may redeem their shares on a daily basis. Under the rule amendments due to be considered Wednesday, the same funds would be required to file those reports within 30 days of the end of each month, with each such report becoming public after a further 30 days.

The guidance due to be considered on Wednesday will also address questions and concerns the agency became aware of through outreach and monitoring of markets, SEC officials said.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dow ticks lower, Wall Street gauges recession fears around consumer data: Yahoo FinanceMajor market indexes (^DJI, ^IXIC, ^GSPC) are mixed Tuesday afternoon after recent consumer confidence data pointed to a recession. The Dow Jones Industrial ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »