ICI Webinar: Understanding and Implementing the SEC’s New Fair Value Rules Archive Recording
Understanding and Implementing the SEC’s New Fair Value Rules
The new fair value rules from the Securities and Exchange Commission (SEC) are the most significant regulatory development affecting funds’ fair value practices in 50 years. ICI’s webinar provided an overview of the new rules, the policy impetus behind them, and how fund complexes are beginning to implement them. The webinar explored:
- The rules’ requirements
- How fund complexes will consider allocating fair value responsibilities among fund boards, investment advisers, and other parties
- How existing fair value policies and practices will be reviewed and updated
- How reporting to fund boards will change
- How auditing practices might change
- How the rules and related guidance will affect cross trading