Pursuant to new Rule 139b (Rule) under the Securities Act of 1933, the publication of a “research report” on “covered investment funds” by an unaffiliated broker-dealer will not be deemed an “offer for sale or offer to sell”...more
1/29/2019
/ Broker-Dealer ,
Commodities Traders ,
Covered Funds ,
Fair Access to Investment Research Act of 2017 (FAIR Act) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Company Act of 1940 ,
Investment Funds ,
Issuer Exemption ,
Offering Statements ,
Publicly-Traded Companies ,
Registered Investment Advisors ,
Research Reports ,
Rule 139 ,
Safe Harbors ,
Sales of Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC)
The staff of the U.S. Securities and Exchange Commission (SEC) Division of Investment Management (Staff) published a Guidance Update on January 6, 2016 related to mutual fund distribution and sub-accounting fees. In the...more