- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2025-03-17T19:10:00
Investment companies will have six additional months to comply with an update to the Securities and Exchange Commission (SEC) rule aimed at making investment fund names more accurate.
The SEC announced Friday that the deadline to comply with the names rule for large firms, of $1 billion or more in net assets, is extended from Dec. 11, 2025, to June 11, 2026. The deadline for smaller firms has been extended from June 11, 2026, to Dec. 11, 2026.
The names rule requires that if a firm uses a name like “green” to describe its fund, that at least 80 percent of its value reflects the common understanding of the term. Firms must disclose how they define the terms that they use in their fund names, according to the extension.
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2024-11-25T18:30:00Z By Aaron Nicodemus
Change is likely coming to the Securities and Exchange Commission’s enforcement priorities with the pending handover of the White House to Republican President-elect Donald Trump. Adjust your compliance priorities accordingly.
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The Trump administration is preparing to ask the European Union to alter or water down its rules on content moderation on social media, claiming that they hurt the competitiveness of American technology companies.
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The Consumer Financial Protection Bureau has pulled back a draft privacy rule that would have required businesses to take more steps before selling consumers’ financial and personal data.
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