WASHINGTON, March 20 -- Securities And Exchange Commission has issued a rule called: Investment Company Names; Extension of Compliance Date.
The rule was published in the Federal Register on March 20 by Vanessa A. Countryman, Secretary.
Summary: The Securities and Exchange Commission ("Commission") is extending the compliance dates for the amendments to the rule under the Investment Company Act of 1940 ("Investment Company Act") that addresses certain broad categories of investment company names that are likely to mislead investors about the investment company's investments and risks, as well as related enhanced prospectus disclosure requirements and Form N-PORT reporting requirements, that were adopted on September 20, 2023. The complian...