SEC Proposes Modernized Shareholder Reports and Other Disclosures

Client Alert
August 21, 2020

On August 5, 2020, the Securities and Exchange Commission (“SEC”) proposed rule and form amendments that would modernize the disclosure framework for mutual funds and exchange-traded funds (“ETFs”) to create a new layered disclosure approach (the “Proposals”). Comments on the Proposals are due 60 days after the Proposing Release is published in the Federal Register.

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