CCO (Chief Compliance Officer) Content

In December, the SEC adopted new Rule 2a-5 (the “fair value rule”) under the Investment Company Act, which addresses the fair valuation responsibilities of funds and their boards and advisers.

[33448] April 12, 2021 TO: ICI Members ICI Global Members SUBJECTS: Compliance Financial Stability Operations RE: LIBOR Update: New York Governor Signs LIBOR Tough Legacy Legislation On April 6, New York Governor Andrew Cuomo signed legislation to provide replacement benchmark rates...