Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SEC pitches changes to liquidity risk disclosures

Joe Mont | March 15, 2018

The Securities and Exchange Commission, on March 14, proposed amendments to public liquidity-related disclosure requirements for certain open-end investment management companies. 

Under the proposal, funds would discuss in their annual report the operation and effectiveness of their liquidity risk management program, replacing a pending requirement that funds publicly provide the aggregate liquidity classification profile of their portfolios on Form N-PORT on a quarterly basis.

The proposed amendments are designed to improve the reporting and disclosure of liquidity information by registered open-end investment companies. The SEC is proposing a new requirement that funds disclose information about the operation and effectiveness of their liquidity risk management program in their annual reports to shareholders. 

The Commission, in turn, is proposing to rescind the current requirement in Form N-...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.