A March 19 ACA Insight article titled “SEC Reverses Itself and Votes Against Public Reporting of Liquidity Classifications” reviews the SEC’s decision to reverse the previous requirement for funds to publicly report the classification buckets their securities fall into. The piece includes remarks by investment management counsel David Tittsworth. “One should remember that they are proposed. The Commission will take comments from all sources and then vote on a final rule, so it is certainly possible that additional changes could be made before a final vote,” Mr. Tittsworth reminds us in the piece.
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