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Ravishankar Poonjolai Consulting Partner at TCS

SEC Derivatives Regulation for Funds - Industry Considerations and Opportunities

As per Investment Company Act of 1940 of Securities Exchange Commission (SEC) of USA, investment management firms and business development companies can use derivatives in mutual funds, ETFs, and closed end funds, except money market funds, with exposure up to ten percent of their assets under management. SEC introduced a new rule under section 1

04 August 2021 /regulation /wealth RegTech