News & Insights

Help
31 News Results
Commentary by Steven Lofchie

The SEC postponed the effective date of the "Share Repurchase Disclosure Modernization Rule," which requires issuers to provide additional information on the purpose of their repurchase programs. The SEC announced a stay of the "Repurchase Rule" in order to address Administrative Procedure Act deficiencies found by the Fifth Circuit Court of Appeals.

Investment Company Institute President and CEO Eric Pan criticized the SEC's adoption of recent rule amendments aimed at preventing a run on money market funds, saying that the SEC "missed the mark" by imposing "mandatory fees along with overly strict liquidity requirements."