The SEC Proposes Expanding Reporting Requirements for Investment Companies

Skadden, Arps, Slate, Meagher & Flom LLP

Thomas A. DeCapo Kevin T. Hardy Michael K. Hoffman John R. Stewart

The SEC recently proposed expanding the information that registered investment companies must report. The proposals are intended to capitalize on technological advances and modernize the fund reporting regime in order to gather better information. The proposals also would allow funds to transmit shareholder reports via the fund's website in lieu of through the mail.

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