The proposal has been met with criticism from those in the retirement industry. The Securities and Exchange Commission proposed a rule in November that would mandate “swing pricing” for all open-ended ...
The US Securities and Exchange Commission has retreated from a plan that would have forced many mutual funds to overhaul their pricing models. The original proposal would have imposed so-called swing ...
The US Securities and Exchange Commission has retreated from a plan that would have forced many mutual funds to overhaul their pricing models. The original proposal would have imposed so-called swing ...
The Securities and Exchange Commission (SEC), seeking to strengthen financial market safeguards, adopted sweeping reforms governing the $6 trillion money market fund industry on Wednesday. However, ...
Money-market funds are set for a reprieve on “swing pricing” as Wall Street’s top regulator wraps up rules aimed at stemming rapid outflows during times of financial stress. The Securities and ...
On 12 July 2023, the Securities and Exchange Commission (the SEC) adopted amendments to Rule 2a 7 under the Investment Company Act of 1940, as amended (the 1940 Act) (the Final Rule), which governs ...
A Securities and Exchange Commission proposal to overhaul how mutual-fund shares are priced has provoked fierce opposition from some of the biggest money managers on Wall Street. BlackRock Inc., ...
Several House Democrats expressed concern to SEC officials that a hard close at 4 p.m. Eastern time would discriminate against investors on Pacific time. Democrats on the House Subcommittee on Capital ...
The US Securities and Exchange Commission (Commission) adopted amendments to the rule governing money market funds on July 12, 2023 in an attempt to address concerns about institutional prime and ...
Ellipsis Asset Management has mandated Societe Generale Securities Services (SGSS) for its ‘swing pricing’ offer that covers a selection of funds in France. Swing pricing enables the net asset value ...
Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large asset managers and mutual fund distributors, mostly recently as vice president, ...