SEC Proposes Heightened Data and Reporting Rules for Funds and Advisers, Ponders New Rules on Derivatives and Leverage

Morrison & Foerster LLP
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At an open meeting of the Securities and Exchange Commission today, Chair Mary Jo White announced to enhance SEC reporting by investment companies and investment advisers.

Data collection. The SEC proposed rules that would:

• Require funds and ETFs to provide additional data related to investments in derivatives, securities lending activities, liquidity and pricing of portfolio investments. These requirements would be designed to help the SEC assess potential risks to investors.

• Require funds to disclose certain basic risk metrics to help the SEC and investors better understand exposure to potential changes in risk factors and asset prices...

Please see full publication below for more information.

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