The asset management industry broadly welcomed a delay in implementation to the SEC Liquidity Rule, but the change in course has left many wondering exactly when and how to execute. Here’s what asset managers need to know:
The SEC announced a nine-month filing delay for Form N-PORT, but make sure to read the fine print!
Brian Kapko, Director of Regulatory Reporting Operations for Confluence Technologies, highlights the filing and data challenges the new rules present and how firms can prepare for next June.
E-delivery wound up on the cutting room floor when the SEC finalized the Modernization rules. Is it gone forever or will its proponents will it back to a vote?
With the SEC and FSOC focused on business continuity planning and third-party oversight, the industry must take notice and continue to advance their efforts to enhance their business continuity plans.