Several trade associations highlighted concerns about an SEC proposal to establish minimum standards for investment advisers before outsourcing certain services or functions.
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SIFMA and SIFMA Asset Management Group raised objections to the SEC proposal to reinterpret the term "exchange" as used in the Securities Exchange Act .
Investment Company Institute President Paul Schott Stevens urged state governors to grant mutual funds the same exemptions provided to banks when imposing "stay-at-home" directives.
ISDA issued a set of legal guidelines for smart derivatives contracts intended to aid the development of collateral management technology.
ISDA began conducting targeted surveys as part of an initiative to drive efficiencies in post-trade services.