News & Resources

Whether you want to read the full article, or just get a quick overview that includes what it means for you, you’ll find the latest SEC-related news here.

Flash Reports
14 Feb, 2024

Three Takeaways from the SEC’s Tailored Shareholder Reports Frequently Asked Questions

As most funds are in the throes of preparing for compliance with the new Tailored Shareholder Report (TSR) rules, the Securities and Exchange Commission (SEC) released a set of Frequently Asked Questions (FAQs) to help provide clarity on some questions the commission has received over the past several months.

Flash Reports
28 Nov, 2023

2023 XBRL Taxonomy Update and Timing

In early 2023, the SEC introduced an updated 2023 taxonomy (a set of data files that determines the ultimate structure required of filed documents) for mutual fund risk/return (“RR”) iXBRL filings.

Flash Reports
21 Nov, 2023

Final Rule: Investment Company Names

On October 27, 2023, the final amendments to rule 35d-1 under the Investment Company Act of 1940, also known as the “Names Rule” were published to the Federal Register. These amendments aim to increase shareholder protection.

Flash Reports
13 Nov, 2023
Kate Parker

NSCP Currents: The Modernization of Proxy Voting

On November 2, 2022, the U.S. Securities and Exchange Commission (the “SEC”) adopted
amendments to Form N-PX filings to modernize reporting requirements and make proxy voting disclosures easier for investors to navigate and analyze.

Flash Reports
18 Oct, 2023

SEC Final Rule: Modernization of Beneficial Ownership Reporting

On Tuesday, October 10, 2023, the Securities and Exchange Commission (“SEC”) published amendments to the Securities Exchange Act of 1934 (the “Act”) under Sections 13(d) and 13(g).[1] These amendments now require market participants to provide more timely reporting on beneficial ownership positions using new technical reporting requirements to better meet the needs of investors.

Flash Reports
27 Sep, 2023

Proposed Rule: EDGAR Filer Access and Account Management

On Wednesday, September 13, 2023, the Securities and Exchange Commission (the “SEC”) released a proposed rule on EDGAR Filer Access and Account Management (the “Proposed Rule”). This Proposed Rule will require firms that maintain EDGAR accounts to designate certain authorized individuals to serve as account administrators instead of allowing group company logins.

Flash Reports
28 Aug, 2023

Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices

On May 25, 2022, the SEC proposed amendments requiring registered investment advisers, certain advisers exempt from registration, registered investment companies, and business development companies to provide additional disclosures regarding their environmental, social, and governance (“ESG”) practices.

Flash Reports
22 Aug, 2023

Open-End Fund Liquidity Risk Management Programs, Swing Pricing, and Form N-PORT

On November 2, 2022, the SEC proposed amendments to improve liquidity risk management programs (“LRMP”) and utilize swing pricing for the adjustment of net asset values on a per share basis.

Flash Reports
21 Aug, 2023
Kate Parker

Investment Company Names

On May 25, 2022, the SEC proposed amendments to address certain categories of investment company names that are likely to mislead investors about an investment company’s investments and risks.

Flash Reports
31 Jul, 2023
Kate Parker

Form N-PX Amendments: What You Need to Know

the SEC adopted amendments to Form N-PX filings to make proxy voting disclosures more useful and informative for investors. This high-level overview of the changes, including who it affects, timing, and best practices, might be helpful as you prepare for the effective date.

Flash Reports
10 Jul, 2023

Electronic Delivery Bill

On April 26, 2023, the House of Representatives – Financial Services Committee introduced a bill regarding the electronic delivery of certain disclosures.