In a joint letter, trade associations urged the SEC to extend the comment deadline by 90 days on proposals concerning open-end fund liquidity risk management programs and outsourcing by investment advisers.
ISDA urged the SEC to exclude all derivative transactions from its proposed rule amendments that would require funds to provide disclosures as to greenhouse gas emissions.
SIFMA and SIFMA Asset Management Group criticized the SEC's Request for Information on the activities of "information providers," calling it unnecessary and outside of the jurisdiction of the SEC's authority.
SIFMA and SIFMA Asset Management Group criticized the SEC's proposed rule amendments that would require certain investment advisers to include ESG-related disclosures.
The Managed Funds Association criticized the SEC's proposal to require that investment advisers include ESG disclosures in financial reports, saying the disclosure may cause unintended "greenwashing" and is a "problematic and material departure from the existing SEC disclosure framework."