Reworking Regulations On Use Of Derivatives

Law360, New York (September 13, 2011, 1:07 PM EDT) -- On Aug. 31, 2011, the U.S. Securities and Exchange Commission issued a concept release to seek public comment on a wide range of issues raised by the use of derivatives by investment companies regulated under the Investment Company Act of 1940, as amended.[1] These investment companies include mutual funds, closed-end funds and exchange-traded funds (ETFs).

The release is intended to assist the SEC and its staff in their ongoing review, announced in March 2010, of whether and how the regulatory regime surrounding the use of derivatives...
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