On June 28, the Financial Crimes Enforcement Network proposed amendments that would enhance anti-money laundering/countering the financing of terrorism program requirements for financial institutions already subject to AML/CFT rules, including mutual funds.
July 8, 2024—ICI released a statement regarding the Securities and Exchange Commission Division of Investment Management's announcement that they intend to recommend re-proposing the open-end fund liquidity and mutual fund swing pricing rule proposal.
The Office of Information and Regulatory Affairs released the Spring 2024 Unified Agenda of Regulatory and Deregulatory Actions on July 8, 2024. The agenda includes regulatory actions that the Securities and Exchange Commission and Commodity Futures Trading Commission expect to take...
On June 26th, the Fifth Circuit Court of Appeals vacated those 2022 SEC proxy advice amendments that rescinded the 2020 amendments—called the "notice-and-awareness" conditions.
Commissioner Peirce delivered remarks which include her views on issues related to environmental, social, and governance (ESG) matters as they pertain to asset managers, companies and governments.
