Blunt SEC derivatives proposals too onerous for funds

Crossover between derivatives and liquidity rules threatens heavy burden for buy side

clearing and settlement

On December 11, 2015 the Securities and Exchange Commission (SEC) proposed new rules for mutual funds, exchange-traded funds, and closed funds regarding derivatives usage. This was the second major funds-focused proposal from the SEC in the latter half of the year. The SEC proposed liquidity risk-management rules at the end of September. Derivatives usage by funds has risen rapidly in recent years and the SEC believed its piecemeal regulatory structure for funds needed an overhaul.

The central

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here