The Managed Funds Association argued that the SEC's proposed regulatory framework to require disclosure of short position information is "duplicative" and "unnecessarily complex and costly."
News & Insights
SIFMA criticized SEC proposed amendments to Regulation Systems Compliance and Integrity that would cover entities for which Reg SCI was never intended.
The Managed Funds Associations urged the U.S. Court of Appeals for the Eleventh Circuit to reject a lower court's finding that construed the term "dealer" in an overly broad manner.
The Financial Information Forum, Nasdaq, CME and Investment Company Institute recommended changes to the SEC's proposed rules on cybersecurity risk management practices.
The House Financial Services Committee approved a bill that would codify expiring SEC no-action relief that (i) excludes broker-dealers who are compensated for research services from the definition of "investment adviser" and (ii) allows broker-dealers to continue accepting payments for research reports in order to comply with international regulations, including MiFID and MiFID II.