By Jon-Luc Dupuy, Abigail Hemnes and Cal Gilmartin ( October 28, 2022, 3:44 PM EDT) -- On Oct. 26, the U.S. Securities and Exchange Commission adopted final rule and form amendments representing major reforms to: (1) shareholder reports for open-end mutual funds and exchange-traded funds, or ETFs, registered on Form N-1A; and (2) advertisement rules for all registered investment companies, including closed-end funds and business development companies, or BDCs....
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