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SEC Proposes Modernized Fund Reports and Disclosure Amendments

On August 5, 2020, the SEC unanimously proposed rule and form amendments intended to modernize the disclosure framework for mutual funds and ETFs (the “Proposals”). This Alert summarizes the key provisions of the Proposals. The Proposals, if adopted, would modify the disclosure framework for funds registered on Form N-1A (mutual funds and ETFs) to follow a “layered” approach to fund disclosure that highlights key information for retail investors.

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Ropes & Gray's Investment Management Update: December 2011/January 2012

Practices: Investment Management

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