March 18, 2025
What happened?
On March 14, 2025, the SEC announced that the compliance date for the amendments to the Investment Company Act or “Names Rule” will be extended to June 11, 2026. The original amendments were adopted back in September of 2023.
Previously set for December 11, 2025, the new compliance date for larger fund groups will be June 11, 2026. Smaller fund groups will now be required to fill by December 11, 2026, instead of June 11, 2026.
The SEC stated that this six-month extension “is designed to balance the investor benefit of the amended Names Rule framework with funds’ needs for additional time to implement the amendments properly, develop and finalize their compliance systems, and test their compliance plans.”
What does this mean for me?
Firms should determine which funds will be subject to the rule and evaluate what changes need to be made to comply with the rule by the new compliance dates. If you have any questions or need assistance, our team of regulatory experts can help. Contact us today to learn more.
