Six Months into the Liquidity Risk Management Program Rule

May 25, 2017

ACA is pleased to present, Six Months into the Liquidity Risk Management Program Rule, a white paper examining the points of consideration for fund complexes and their advisers that have surfaced in the six months since the rule took effect.

Six months ago, the Securities and Exchange Commission (“SEC”) adopted new requirements under the Investment Company Act of 1940 (“IC Act”) to require registered open-end investment companies, including open-end exchange-traded funds (“ETFs”) but excluding money market funds, to implement a liquidity risk management program.

Discover what we’ve learned so far and what to keep in mind for the coming months.

Download your complimentary white paper here.

What's Inside?

  • Prospectus Disclosure Changes
  • Planning for Program Adoption
  • Rules for Individuals or Committees
  • The Importance of Technology
  • Considerations for Sub-Advisers
  • Highly Liquid Investment Minimums
  • Challenges Facing Exchange-Traded Funds

 

 

Webcast Series for Investment Companies

To learn more about the requirements of the Investment Company Act of 1940 watch our complimentary Investment Company Training Series here:

For more information about the Liquidity Risk Management Program Rule or any of our Investment Company Services, please contact Maureen Colligan at (617) 589-0904 or mcolligan@acacompliancegroup.com.