The Securities and Exchange Commission voted on October 7, 2020, to adopt new Rule 12d1-4 under the Investment Company Act of 1940 to govern most arrangements where registered funds invest in other registered funds (“fund of...more
11/3/2020
/ Broker-Dealer ,
Business Development Companies ,
ETFs ,
Form N-CEN ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
Open-Ended Fund Companies (OFCs) ,
Rule 12d1-4 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
On April 6, 2020, the Securities and Exchange Commission granted the request of Cboe BZX Exchange, Inc. (CBOE) to change BZX Rule 14.11(1).This will accelerate approval of Exchange-Traded Fund shares and series of ETF shares...more
The U.S. Securities and Exchange Commission adopted a new rule under the Investment Company Act of 1940 that will allow exchange-traded funds that satisfy certain standardized conditions to operate without first obtaining...more
10/24/2019
/ Amended Forms ,
Basket Transactions ,
ETFs ,
Exchange-Traded Products ,
Exemptive Orders ,
Final Rules ,
Investment Company Act of 1940 ,
Redemption Agreement ,
Rescission ,
Rule 6c-11 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
The U.S. Securities and Exchange Commission adopted a new rule under the Investment Company Act of 1940 that will allow exchange-traded funds that satisfy certain standardized conditions to operate without first obtaining...more
10/21/2019
/ Amended Forms ,
Broker-Dealer ,
Disclosure Requirements ,
ETFs ,
Exchange-Traded Products ,
Exemptions ,
Exemptive Relief ,
Final Rules ,
Form N-1A ,
Form N-8B-2 ,
Form N-CEN ,
Investment Company Act of 1940 ,
Payment-In-Kind ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Stock Redemption
The U.S. Securities and Exchange Commission on May 20, 2019 issued the first exemptive order permitting the operation of actively managed exchange-traded funds that do not disclose their full holdings on a daily basis...more