An SEC final rulemaking intended to simplify and update the regulatory framework for "fund of funds" arrangements was published in the Federal Register.
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The SEC adopted a new rule and related amendments in order to simplify and update the framework for fund of funds arrangements.
Several industry associations proposed amendments to an SEC-proposed new rule intended to "streamline and enhance" the regulatory framework for "funds of funds arrangements."
The SEC proposed a new rule and several amendments that would "streamline and enhance" the regulatory framework of mutual funds investing in shares of another fund.
In testimony before the U.S. House Committee on Financial Services, SEC Chair Jay Clayton outlined priorities for the agency and reviewed recent accomplishments.