SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain conditions. The proposed amendments…
What happened
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain conditions. The proposed amendments…
Why it matters
The decision may change compliance obligations, market access or operating costs for SEC.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Securities and Exchange CommissionPrimary source · Supports · EN · 100%SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds ↗
Claims
- SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
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