Division of Investment Management
Topical Reference Guide

This Topical Reference Guide is not an exhaustive list of Commission action, staff guidance or other staff information pertaining to a particular topic.  The Division will continue to update these topics with new and historical materials and by uploading staff no-action letters that also can be accessed here.

Accounting and Auditing

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Technical Amendments to Commission Rules and Forms Related to the Fasb's Accounting Standards Codification (August 8, 2011)
• Revision of the Commission's Auditor Independence Requirements (November 21, 2000)
• Staff Guidance
• No Action Letters
• Chief Financial Officer (November 7, 1997)
• Chief Financial Officer of Investment Company Registrants (February 3, 1995)
• Accounting Comment Letter (November 2, 1995)
• Chief Financial Officer (November 1, 1994)
• FAQ
• Other Guidance
• After-Tax Return (February 22, 2013)
• Implementation of FASB Interpretation No. 48, Letter to Fidelity Investments, Massachusetts Financial Services Company and OppenheimerFunds, Inc. (June 28, 2007)
• Implementation of FASB Interpretation No. 48, Letter to ICI (December 22, 2006)
• Auditing Standards for Financial Statements of Insurance Company Depositors of Variable Insurance Products, Staff Letters (March 8, 2005)
• From the Chief Accountant, Letter to CFOs (February 14, 2001)
• From the Chief Accountant, Letter to CFOs (December 30, 1999)
• From the Chief Accountant, Letter to CFOs (December 30, 1998)

Advertising/Performance/Social Media

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Prohibition of Fraud by Advisers to Certain Pooled Investment Vehicles (August 3, 2007)
• Staff Guidance
• No Action Letters
• ABA Subcommittee on Private Investment Entities (August 10, 2006)
• Franklin Management, Inc. (December 10, 1998)
• DALBAR, Inc. (March 24, 1998)
• GE Funds (February 7, 1997)
• Clover Capital Management, Inc. (October 28, 1986)
• FAQ
• Other Guidance
  • IM Guidance Update (Sec. 24(b) and Social Media) (March 15, 2013)

Advisory Contract/Fees – Investment Adviser

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Staff Guidance
• No Action Letters
• George Colman (July 18, 1995)
• Dean Witter, Discover & Co. (February 8, 1993)
• FAQ
• Other Guidance

Advisory Contract/Fees – Investment Company

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• Emerging Global Advisors, LLC and EGA Emerging Global Shares Trust (February 27, 2013)
• Claymore Advisors, LLC (April 27, 2010)
• Franklin Templeton Investments (June 19, 2009)
• Fortis Group, et al. (January 27, 2009)
• First Trust/Gallatin Specialty Finance and Financial Opportunities Fund (July 11, 2008)
• Citigroup Inc. (July 26, 2006)
• Eaton Vance Special Investment Trust, et al (March 30, 2004)
• Gartmore Mutual Funds (March 19, 2004)
• Constellation Financial Management LLC (January 9, 2003)
• The Chase Manhattan Bank (July 24, 2001)
• Daughters of Charity National Health System, Inc. (April 3, 1998)
• Franklin Templeton Group of Funds (July 23, 1997)
• Century Shares Trust (May 4, 1994)
• Dean Witter, Discover & Co. (February 8, 1993)
• FAQ
• Other Guidance

Affiliated Transactions/Joint Transactions

• Forms
• Exemptive Applications
• Affiliated Sales & Purchases – Adviser
• Affiliated Sales & Purchases – In-Kind
• Affiliated Sales & Purchases – Other
• Joint Transaction
• Litigation
  • HarborLight Capital Management, LLC and Dean G. Tanella (April 22, 2013)
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• Fifth Street Finance Corp. (February 25, 2010)
• Allianz Funds (August 3, 2009)
• Columbia Funds Series Trust – Columbia Cash Reserves (March 2, 2009)
• Columbia Funds Series Trust – Columbia Money Market Reserves (March 2, 2009)
• Columbia Funds, et al. (December 23, 2008)
• Dreyfus Cash Management Plus (October 20, 2008)
• Dreyfus Cash Management, et al. (September 25, 2008)
• Goldman Sachs Trust (August 19, 2008)
• Columbia Funds Series Trust (October 22, 2008)
• Advantus Series Fund (October 20, 2008)
• Dreyfus Money Funds (October 20, 2008)
• Allianz Dresdner Daily Asset Fund (May 5, 2008)
• First American Funds, Inc. – Prime Obligation Fund (December 3, 2007)
• Gartmore Variable Insurance Trust (December 29, 2006)
• GuideStone Financial, et al. (December 27, 2006)
• Federated Municipal Funds (November 20, 2006)
• Citigroup Global Markets, Inc. (September 26, 2006)
• Citigroup Inc. (July 26, 2006)
• GE Institutional Funds (December 21, 2005)
• Evergreen Investment Management Company LLC (October 11, 2005)
• GE Life and Annuity Assurance Company (June 25, 2004)
• AAL Mutual Funds, et al. (December 12, 2002)
• Evergreen Investment Management Company, LLC (February 13, 2002)
• AIM Advisors, Inc. (February 12, 2002)
• Government Securities Clearing Corporation (October 19, 2001)
• Calvert Social Index Fund (September 24, 2001)
• The Chase Manhattan Bank (July 24, 2001)
• Drinker, Biddle & Reath (December 18, 1998)
• The Eaton Vance Group of Investment Companies (July 25, 1997)
• Alliance Funds (April 25, 1997)
• Dean Witter World Wide Investment Trust (September 17, 1996)
• Dreyfus Asset Allocation Fund, Inc. (June 14, 1996)
• Financial Services Board (April 24, 1996)
• DFA Investment Trust (March 21, 1996)
• DFA Investment Trust Company (October 17, 1995)
• ACM Institutional Reserves, Inc. (July 14, 1995)
• Alliance Municipal Trust (July 14, 1995)
• California Municipal Cash Trust (July 11, 1995)
• Chief Financial Officer (November 1, 1994)
• Federated Investors (April 21, 1994)
• The Capitol Mutual Funds and Nations Fund Trust (February 24, 1994)
• Defined Asset Funds – Equity Income Fund – Select Ten Series (May 5, 1993)
• FAQ
• Other Guidance

Anti-Money Laundering

• Forms
• Exemptive Applications
• Litigation
• Resources
• Trading and Markets No-Action Letter: Securities Industry and Financial Markets Association (January 11, 2011)
• FINCEN Final Rule: Amendment to the Bank Secrecy Act Regulations; Defining Mutual Funds as Financial Institutions (April 14, 2010)
• Joint Release; Guidance on Obtaining and Retaining Beneficial Ownership Information (March 5, 2010)
• Anti-Money Laundering (AML) Source Tool for Broker-Dealers (January 14, 2010)
• Anti-Money Laundering (AML) Source Tool for Mutual Funds (January 14, 2010)
• Trading and Markets No-Action Letter: Securities Industry and Financial Markets Association (January 11, 2010)
• Trading and Markets No-Action Letter: Securities Industry and Financial Markets Association, extending February 12, 2004 letter (January 10, 2008)
• Financial Crimes Enforcement Network; Requests by Law Enforcement for Financial Institutions to Maintain Accounts, U.S. Treasury guidance (June 13, 2007)
• Financial Crimes Enforcement Network; Suspicious Activity Report Supporting Documentation, U.S. Treasury guidance (June 13, 2007)
• FinCEN Delays Implementation of Revised Suspicious Activity Report (SAR) Forms, FinCEN press release (April 26, 2007)
• Frequently Asked Questions; Suspicious Activity Reporting Requirements for Mutual Funds, U.S. Treasury guidance (October 4, 2006)
• Trading and Markets No-Action Letter: Securities Industry Association, extending further February 12, 2004 letter (July 11, 2006)
• Application of the Regulations regarding Special Due Diligence Programs for Certain Foreign Accounts to NSCC Fund/SERV Accounts, U.S. Treasury guidance (May 3, 2006)
• Financial Crimes Enforcement Network; Amendment to the Bank Secrecy Act Regulations - Requirement That Mutual Funds Report Suspicious Transactions, U.S. Treasury Rulemaking (April 27, 2006)
• Question and Answer Regarding Broker-Dealer Customer Identification Rule (31 CFR 103.122) Responsibilities under the Agency Lending Disclosure Initiative (April 26, 2006)
• Trading and Markets No-Action Letter: Securities Industry Association, extending February 12, 2004 letter (February 10, 2005)
• Trading and Markets No-Action Letter: Securities Industry Association (February 12, 2004)
• Question and Answer Regarding the Broker-Dealer Customer Identification Program Rule (October 1, 2003)
• Questions and Answers Regarding the Mutual Fund Customer Identification Program Rule (August 11, 2003)
• Customer Identification Programs for Mutual Funds (April 29, 2003)
• Report to Congress under the USA PATRIOT Act containing recommendations for applying anti-money laundering controls to investment companies, Joint Report of the SEC, U.S. Treasury and the Board of Governors of the Federal Reserve System (December 31, 2002)
• SEC-SIA Anti-Money Laundering Webcast Scheduled for Monday, November 25, 2002 (October 18, 2002)
• Proposed Amendment to the Bank Secrecy Act Rules — Requirement That Insurance Companies Report Suspicious Transactions, U.S. Treasury Rulemaking (October 17, 2002)
• Proposed Amendment to the Bank Secrecy Act Rules — Anti-Money Laundering Programs for Unregistered Investment Companies, U.S. Treasury Rulemaking (September 26, 2002)
• Proposed Amendment to the Bank Secrecy Act Rules — Customer Identification Programs for Broker-Dealers, Joint SEC and U.S. Treasury rulemaking (July 23, 2002)
• Proposed Amendment to the Bank Secrecy Act Rules — Customer Identification Programs for Mutual Funds, Joint SEC and U.S. Treasury rulemaking (July 23, 2002)
• Amendment to the Bank Secrecy Act Rules — Requirement that Brokers or Dealers in Securities Report Suspicious Transactions, U.S. Treasury Final Rule (July 1, 2002)
• Proposed Rule — Due Diligence Anti-Money Laundering Programs for Certain Foreign Accounts Implementing Section 312 of the USA PATRIOT ACT, U.S. Treasury Rulemaking (May 30, 2002)
• Anti-Money Laundering Programs for Mutual Funds, U.S. Treasury rulemaking (April 24, 2002)
• Order Approving Proposed Rule Changes Relating to Anti-Money Laundering Compliance Programs, NASD and NYSE Rulemaking (April 22, 2002)
• Proposed Amendment to the Bank Secrecy Act — Requirement of Brokers or Dealers in Securities to Report Suspicious Transactions, U.S. Treasury rulemaking (December 21, 2001)
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Questions and Answers Regarding the Mutual Fund Customer Identification Program Rule (August 11, 2003)
• Other Guidance

Asset-Backed Securities Issuers

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Franklin Templeton Investments (June 19, 2009)
  • Credit Suisse First Boston (September 9, 1998)
  • ESI S.A. (February 2, 1995)
  • Global Exempt Certificates of Ownership in NHA MBS Securities Inc. (December 30, 1994)
  • Donaldson, Lufkin & Jenrette Securities Corporation (May 26, 1994)
  • Brown & Wood (February 24, 1994)
• FAQ
• Other Guidance

Assignment

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Business Development Companies

• Forms
• Exemptive Applications
• Business Development Companies – Capital Structure
• Business Development Companies – Compensation
• Co-Investment
• Litigation
• Resources
• Business Development Company Report Dataset (October 23, 2012)
• Rulemaking
• Definition of Eligible Portfolio Company under the Investment Company Act of 1940 (October 25, 2006)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance
• Joint Transactions — Portfolio Holdings of Companies Electing Status as Business Development Companies (BDCs) (November 27, 2012)
• Business Development Companies — Auditor Verification of Securities Owned (March 12, 2012)

Closed-End Funds

• Forms
• Exemptive Applications
• Co-Investment
• Litigation
• Resources
• Closed-End Fund Information Dataset (October 23, 2012)
• Rulemaking
• Staff Guidance
• No Action Letters
  • Aberdeen Australia Equity Fund, Inc., Aberdeen Chile Fund, Inc. and Aberdeen Global Income Fund, Inc. (April 12, 2012)
  • FQF Trust, et al. (December 13, 2011)
  • Franklin Templeton Investments (June 19, 2009)
  • Aberdeen Australia Equity Fund, Inc. (July 13, 2006)
  • College and University Facility Loan Trust One, et al. (November 29, 2004)
  • France Growth Fund, Inc. (July 15, 2003)
  • Frank Russell Investment Company, et al. (October 18, 2002)
  • Dessauer Global Equity Fund (April 3, 1997)
• FAQ
• Other Guidance

Code of Ethics

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Investment Adviser Codes of Ethics (July 2, 2004)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Commodities

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Money Market Fund Reform (February 23, 2010)
• Treatment of Repurchase Agreements and Refunded Securities as an Acquisition of the Underlying Securities (July 5, 2001)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Compliance – Investment Companies

• Forms
• Exemptive Applications
• Litigation
• Resources
• Investment Company Series and Class Information Dataset (July 20, 2012)
• Registered Investment Company Use of Senior Securities — Select Bibliography (September 24, 2008)
• 2001 Mutual Fund Fee Report (January 10, 2001)
• 2001 Mutual Fund Fee Report (January 10, 2001)
  
• Role of Independent Investment Company Directors (February 24 and 24, 1999)
• Protecting Investors: A Half Century of Investment Company Regulation (May 1992)
• Rulemaking
• Compliance Programs of Investment Companies and Investment Advisers (December 17, 2003)
• Staff Guidance
• No Action Letters
  • Claymore Advisors, LLC (April 27, 2010)
  • Cabot Wellington, LLC (June 17, 2008)
  • Cooley Godward & Kronish (July 12, 2007)
    
  • College and University Facility Loan Trust One, et al. (November 29, 2004)
    
  • Cantor Fitzgerald & Company (February 17, 2004)
  • Calvert Social Index Fund (September 24, 2001)
  • GE Funds (February 7, 1997)
  • Cornish & Carey Commercial Inc. (February 26, 1996)
  • Caxton Corporation (December 28, 1994)
• FAQ
• Derivatives-Related Disclosures by Investment Companies, Letter to ICI (July 30, 2010)
• Proxy Disclosure Enhancements Transition for Registered Investment Companies (December 23, 2009)
• Staff Responses to Questions Regarding Disclosure of Fund of Funds Expenses (May 23, 2007)
• Questions and Answers Regarding the Mutual Fund Customer Identification Program Rule (August 11, 2003)
• Frequently Asked Questions about Rule 35d-1 (Investment Company Names) (December 4, 2001)
• Other Guidance
• IM Guidance Update (Compliance With Exemptive Orders)(May 10, 2013)
• Affiliated Funds of Funds — Section 12(d)(1) of the Investment Company Act (October 19, 2012)
• Advisory Contracts — Combined Investment Advisory and Service Fees (October 5, 2012)
• Funds Using Tender Option Bond (TOB) Financings (March 29, 2012)
• Rule 18f-3 under the Investment Company Act — Removal of a Class (September 2, 2010)
• Funds Use of Rule 22c-2 Information for Marketing Purposes, Letter to ICI (August 21, 2007)
• Disclosure by Funds Investing in Government Sponsored Enterprises, Letter to ICI (October 17, 2003)
• Delayed Exchange of Fund Shares, Letter to ICI (November 13, 2002)
• Frequently Asked Questions About Mutual Fund After-Tax Return Requirements (January 14, 2002)
• Form N-1A and Rule 498, Letter to the ICI (October 2, 1998)
• Form N-1A and Rule 498, Letter to ICI (May 19, 1998)

Credit Ratings

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• References to Ratings of Nationally Recognized Statistical Rating Organizations (October 5, 2009)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Custody – Investment Adviser

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Custody of Funds or Securities of Clients by Investment Advisers (December 30, 2009)
• Staff Guidance
• No Action Letters
  • Deloitte & Touche LLP (August 28, 2006)
  • ABA Subcommittee on Private Investment Entities (August 10, 2006)
• FAQ
• Staff Responses to Questions About the Custody Rule (December 13, 2011)
• Other Guidance

Custody – Investment Company

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Custody of Investment Company Assets Outside the United States (April 27, 2000)
• Staff Guidance
• No Action Letters
  • Chicago Mercantile Exchange (September 27, 2012)
    
  • Chicago Mercantile Exchange (September 27, 2012)
  • Chicago Mercantile Exchange (July 29, 2011)
  • Chicago Mercantile Exchange (July 29, 2011)
  • Chicago Mercantile Exchange (March 24, 2011)
  • CME Group, Inc. (December 3, 2010)
  • CME Group, Inc. (July 16, 2010)
  • Franklin Templeton Investments (June 19, 2009)
  • Franklin Templeton Investments (November 21, 2008)
  • Fixed Income Clearing Corporation (March 13, 2003)
  • Chase Manhattan Bank (June 12, 1998)
  • Depository Clearing Company (December 19, 1997)
  • Bucharest Stock Exchange (June 3, 1997)
  • Eaton Vance South Asia Portfolio, March 12, 1997
  • Financial Services Board (April 24, 1996)
  • The Canadian Depository for Securities Limited (August 4, 1994)
  • David S. Butterworth (January 27, 1994)
  • Custody of B Shares Trading on the Shenzhen and Shanghai Securities Exchanges (April 26, 1993)
• FAQ
• Staff Responses to Questions About the Custody Rule (December 13, 2011)
• Other Guidance

Derivatives

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance
  • Derivatives-Related Disclosures by Investment Companies, Letter to ICI (July 30, 2010)

Distribution and Servicing Arrangements

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rule 12b-1 Roundtable (June 19, 2007)
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Emergencies

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Alliance Funds (April 25, 1997)
    
• FAQ
• Other Guidance

Employee Benefit Plans/ERISA

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Department of Labor (October 26, 2011)
  • General Motors Investment Management (February 20, 2000)
  • Department of Labor (December 5, 1995)
  • Edward H. Fleischman (June 30, 1994)
  • County of Los Angeles (January 27, 1993)
• FAQ
• Other Guidance

Employee Securities Companies

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • BSC Employee Fund, L.P. October 14, 1997)
• FAQ
• Other Guidance

Exchange Traded Funds (ETFs)

• Forms
• Exemptive Applications
• Exchange Traded Funds – Active
• Exchange Traded Funds – Index
• Exchange Traded Funds – Leveraged
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Derivatives Use by Actively-Managed ETFs (December 6, 2012)
• FAQ
• Other Guidance

Family Offices

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Family Offices (June 22, 2011)
• Staff Guidance
• No Action Letters
  • Peter Adamson III (April 3, 2012)
• FAQ
• Staff Responses to Questions About the Family Office Rule (April 27, 2012)
• Other Guidance

Fidelity Bond and D&O Insurance

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form 13F

• Forms
• Information required of institutional investment managers pursuant to Section 13(f)
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Rulemaking for EDGAR System (January 12, 1999) (final rules)
• Rulemaking for EDGAR System (July 1, 1997) (proposed rules)
• Request for Confidential Treatment Filed by Institutional Investment Managers (May 14, 1985) (adopting amendments for risk arbitrage instructions and duration of confidential treatment)
• Request for Confidential Treatment Filed by Institutional Investment Managers (December 5, 1984) (proposing amendments for risk arbitrage instructions and duration of confidential treatment).
• Request for Confidential Treatment Filed by Institutional Investment Managers (June 28, 1979) (amending the form to clarify the procedural and substantive criteria for confidential treatment)
• Filing and Reporting Requirements Relating to Institutional Investment Managers (January 5, 1979) (changing from annual to quarterly filing)
• Division of Investment Management's Interpretative Positions Relating to Rule 13f-1 and Related Form 13F (November 2, 1978) (interpretive Q&A re reporting requirements & mechanics of reporting)
• Filing and Reporting Requirements Relating to Institutional lnvestment Managers (June 15, 1978) (final rules)
• Reporting by Institutional Investment Managers of Information with Respect to Accounts over Which Investment Discretion Is Exercised (March 22, 1977) (proposed rule)
• Staff Guidance
• No Action Letters
• FAQ
• Frequently Asked Questions About Form 13F
• Other Guidance
• Official List of Section 13(f) Securities
• Section 13(f) Confidential Treatment Requests

Form ADV/Registration and Disclosure

• Forms
• Uniform Application for Investment Adviser Registration and Report by Exempt Reporting Advisers
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rules Under the Investment Advisers Act of 1940 (June 22, 2011)
• Rulemaking
• Rules Implementing Amendments to the Investment Advisers Act of 1940 (June 22, 2011)
• Amendments to Form ADV (Extension of Compliance Date) (December 28, 2010)
• Amendments to Form ADV (July 28, 2010)
• Technical Amendments to Form ADV (January 17, 2008)
• Technical Amendments to Form ADV, Form ADV-W, Form ADV-H, Form ADV-E (March 30, 2006)
• Exemption for Certain Investment Advisers Operating Through the Internet (December 12, 2002)
• Electronic Filing by Investment Advisers; Amendments to Form ADV; Technical Amendments (December 21, 2000)
• Electronic Filing by Investment Advisers (Amendments to Form ADV) (September 12, 2000)
• Amendments to Form ADV (April 5, 2000)
• IARD Entitlement Forms
• Staff Guidance
• No Action Letters
• FAQ
  • Frequently Asked Questions on Form ADV and IARD
    
• Other Guidance

Form N-1A/Registration and Disclosure

• Forms
• Registration form for open-end management investment companies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Interactive Data for Mutual Fund Risk/Return Summary (Correction) (May 1, 2009)
• Interactive Data for Mutual Fund Risk/Return Summary (February 11, 2009)
• Extension of Interactive Data Voluntary Reporting Program on the Edgar System to Include Mutual Fund Risk/Return Summary Information (July 11, 2007)
• Disclosure of Breakpoint Discounts by Mutual Funds (June 7, 2004)
• New Disclosure Option for Open-End Management Investment Companies (March 13, 1998 )
• Registration Form Used by Open-End Management Investment Companies (Form) (March 13, 1998)
• Registration Form Used by Open-End Management Investment Companies (Rule) (March 13, 1998)
• Plain English Disclosure (January 28, 1998)
• Staff Guidance
• No Action Letters
  • Eaton Vance Master Portfolio (December 11, 1996)
  • Frank Russell Investment Management Company (August 30, 1993)
• FAQ
• Other Guidance

Form N-2/Registration and Disclosure

• Forms
• Registration statement for closed-end management investment companies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Energy Income and Growth Fund and First Trust Active Dividend Income Fund (July 27, 2010)
• FAQ
• Other Guidance

Form N-3/Registration and Disclosure

• Forms
• Registration statement of separate accounts organized as management investment companies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form N-4/Registration and Disclosure

• Forms
• Registration statement of separate accounts organized as unit investment trusts
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Disclosure of Costs and Expenses by Insurance Company Separate Accounts Registered as Unit Investment Trusts that Offer Variable Annuity Contracts (November 13, 2002)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form N-6/Registration and Disclosure

• Forms
• Registration statement for separate accounts organized as unit investment trusts that offer variable life insurance policies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Disclosure of Costs and Expenses by Insurance Company Separate Accounts Registered as Unit Investment Trusts that Offer Variable Annuity Contracts (November 13, 2002)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form N-14

• Forms
• Form for the registration of securities issued in business combination transactions by investment companies and business development companies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form N-CSR/N-Q

• Forms
• Certified shareholder report of registered management investment companies
• Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Technical Amendments to Forms N-CSR and N-SAR in Connection with the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (October 13, 2010)
• Staff Guidance
• No Action Letters
  • College and University Facility Loan Trust One, et al. (November 29, 2004)
• FAQ
• Other Guidance

Form N-PX

• Forms
• Annual Report of Proxy Voting Record of Registered Management Investment Company
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form N-SAR

• Forms
• Semi-annual report of registered investment companies
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Technical Amendments to Forms N-CSR and N-SAR in Connection with the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (October 13, 2010)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Form PF

• Forms
• Reporting Form for Investment Advisers to Private Funds and Certain Commodity Pool Operators and Commodity Trading Advisors
• Electronic Filing of Form PF for Investment Advisers on PFRD
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Reporting by Investment Advisers to Private Funds and Certain Commodity Pool Operators and Commodity Trading Advisors on Form PF (October 31, 2011)
• Staff Guidance
• No Action Letters
• FAQ
  • Form PF – Frequently Asked Questions
• Other Guidance

Fund Governance

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Investment Company Governance (July 27, 2004)
• Staff Guidance
• No Action Letters
  • Adams Express Company (September 7, 1984)
• FAQ
• Other Guidance

Fund Mergers

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Investment Company Mergers (July 18, 2002)
• Staff Guidance
• No Action Letters
  • Fifth Street Finance Corp. (February 25, 2010)
  • Franklin Templeton Investments (November 21, 2008)
  • First Great-West Life & Annuity Insurance Company & Canada Life Insurance Company of New York (December 22, 2005)
  • Allstate Life Insurance Company (December 23, 2002)
  • The Eaton Vance Group of Investment Companies (July 25, 1997)
  • Equitable Life Assurance Society (December 18, 1996)
• FAQ
• Other Guidance

Fund of Funds

• Forms
• Exemptive Applications
• Fund of Funds – Direct Investment
• Fund of Funds – Multi-Group
• Litigation
• Resources
• Rulemaking
• Fund of Funds Investments (June 20, 2006)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance
  • Staff Responses to Questions Regarding Disclosure of Fund of Funds Expenses

Ineligible/Disqualified Firms

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Insured Investments

• Forms
• Exemptive Applications
• Insurance Products – Bonus Recapture
• Insurance Products – Exchange Offer
• Insurance Products – Fund Substitution
• Insurance Products – Substitution Related Affiliated Securities Transactions
• Insurance Products – Mixed and Shared Funding
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Acacia National Life Insurance Company (December 19, 2003)
  • Allstate Life Insurance Company (December 23, 2002)
  • AIG Life Insurance Company - American International Life Assurance Company of New York (November 6, 2001)
  • AIG Life Insurance Company (August 16, 2001)
  • Aid Association for Lutherans/Lutheran Brotherhood (December 21, 2001)
• FAQ
• Other Guidance
• Auditing Standards for Financial Statements of Insurance Company Depositors of Variable Insurance Products, Staff Letters (March 8, 2005)
• Retail Exception to Section 11, Letter to NAVA (June 19, 2001)

International

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Erste Abwicklungsanstalt (October 10, 2012)
  • Foxby Corp. (September 17, 2012)
  • Allianz of America, Inc. (May 25, 2012)
  • Dechert LLP (August 24, 2009)
  • Fortis Group, et al. (January 27, 2009)
  • Franklin Templeton Investments (November 21, 2008)
  • Dexia Municipal Agency (December 26, 2007)
  • ABA Subcommittee on Private Investment Entities (August 10, 2006)
  • France Growth Fund, Inc. (July 15, 2003)
  • Fixed Income Clearing Corporation (March 13, 2003)
  • France Growth Fund, Inc. (April 6, 2001)
  • Fidelity Advisor Korea Fund, Inc (March 7, 2001)
  • Goodwin, Procter & Hoar (October 5, 1998)
  • Chase Manhattan Bank (June 12, 1998)
  • Depository Clearing Company (December 19, 1997)
  • Five Arrows Short-Term Investment Trust (September 26, 1997)
  • ABN AMRO Bank N.V. (July 1, 1997)
  • Bucharest Stock Exchange (June 3, 1997)
  • Eaton Vance South Asia Portfolio (March 12, 1997)
  • Goodwin, Procter & Hoar (February 28, 1997)
  • Financial Services Board (April 24, 1996)
  • Mark A. Bush (August 8, 1995)
  • Fiduciary Trust Global Fund (August 2, 1995)
  • ESI S.A. (February 2, 1995)
  • The Canadian Depository for Securities Limited (August 4, 1994)
  • Custody of B Shares Trading on the Shenzhen and Shanghai Securities Exchanges (April 26, 1993)
  • Alliance Capital Management L.P. (April 7, 1993)
• FAQ
• Other Guidance

Investment Advisers - General

• Forms
  • Form ADV (Application for Registration and Report for Exempt Reporting Advisers)
  • Form PF (Reporting for Advisers to Private Funds)
  • Other Forms (ADV-E, ADV-H, ADV-NR, ADV-W)
  • Form 13F (Discretionary Managers with $100M or more of certain securities)
  • Electronic Filing for Investment Advisers on IARD
  • Electronic Filing of Form PF for Investment Advisers on PFRD
  • IARD Entitlement Forms
• Exemptive Applications
• Litigation
• Resources
• Downloadable File of Certain Registration Information for All Active SEC-registered Investment Advisers
• Regulation of Investment Advisers (March 2013)
• Dodd-Frank Act Changes to Investment Adviser Registration Requirements (October 2012)
• Regulation of Investment Advisers: Outline and Staff Views (April 2012)
• Rules Under the Investment Advisers Act of 1940 (June 22, 2011)
• Information for Newly Registered Advisers (November 2010)
• Investment Adviser Regulatory Issues (May 23, 2000)
• Rulemaking
• Identity Theft Red Flags (April 10, 2013)
• Political Contributions by Investment Advisers (Pay to Play Rule) (June 11, 2012)
• Reporting by Investment Advisers to Private Funds (Form PF) (October 31, 2011)
• Dodd-Frank Implementing Release (Registration of Private Fund Advisers, Reallocation of Mid-Sized Advisers) (June 22, 2011)
• Dodd-Frank Exemptions Release (Venture Capital Fund Advisers, Private Fund Advisers with less than $150M AUM, and Foreign Private Advisers) (June 22, 2011)
• Family Offices (June 22, 2011)
• Rules Implementing Amendments to the Investment Advisers Act of 1940 (June 22, 2011)
• Amendments to Form ADV (July 28, 2010)
• Custody of Funds or Securities of Clients by Investment Advisers (Custody Rule) (December 30, 2009)
• Technical Amendments to Form ADV (January 17, 2008)
• Compliance Programs of Investment Companies and Investment Advisers (December 17, 2003 )
• Amendments to Form ADV (April 5, 2000)
• Staff Guidance
• No Action Letters
  • Emerging Global Advisors, LLC and EGA Emerging Global Shares Trust (February 27, 2013)
  • GE Funding Capital Market Services, Inc. (January 25, 2012)
  • Citigroup Inc. (October 22, 2010)
  • General Electric Company (August 2, 2010)
  • Goldman, Sachs & Co. (July 22, 2010)
  • Claymore Advisors, LLC (April 27, 2010)
  • Fifth Street Finance Corp. (February 25, 2010)
  • General Electric Company (August 12, 2009)
  • Deutsche Bank Securities Inc. (June 9, 2009)
  • E*Trade Capital Markets LLC (March 12, 2009)
  • Fortis Group, et al. (January 27, 2009)
  • Citigroup Global Markets, Inc. (December 23, 2008)
  • First Trust/Gallatin Specialty Finance and Financial Opportunities Fund (July 11, 2008)
  • Emanuel J. Friedman and EJF Capital LLC (January 16, 2007)
  • Citigroup Inc. (July 26, 2006)
  • Gardner Russo & Gardner (June 7, 2006)
  • Credit Suisse First Boston, LLC (August 31, 2005)
  • Evergreen Investment Management Company LLC (October 11, 2005)
  • CIBC Mellon Trust Company (February 24, 2005)
  • Goldman, Sachs & Co. (February 23, 2005)
  • Deutsche Bank Securities Inc. (September 24, 2004)
  • Citigroup Global Markets Inc. f/k/a Salomon Smith Barney Inc. (October 31, 2003)
  • Credit Suisse First Boston LLC f/k/a Credit Suisse First Boston Corporation (October 31, 2003)
  • Goldman, Sachs & Company (October 31, 2003)
  • Dougherty & Company LCC (July 3, 2003)
  • Fahnestock & Company Inc. (April 21, 2003)
  • Dougherty & Company LLC (March 21, 2003)
  • Constellation Financial Management LLC (January 9, 2003)
  • Evergreen Investment Management Company, LLC (February 13, 2002)
  • Franklin Management, Inc. (December 10, 1998)
  • DALBAR, Inc. (March 24, 1998)
  • GE Funds (February 7, 1997)
  • First Call Corporation (September 6, 1995)
  • Mark A. Bush (August 8, 1995)
  • George Colman (July 18, 1995)
  • California Municipal Cash Trust (July 11, 1995)
  • Dana Investment Advisors, Inc. (October 12, 1994)
  • The Capitol Mutual Funds and Nations Fund Trust (February 24, 1994)
• FAQ
• Frequently Asked Questions on Form PF (April 25, 2013)
• Frequently Asked Questions on Form ADV and IARD (August 30, 2012)
• Frequently Asked Questions Regarding Mid-Sized Advisers (June 28, 2011)
• Frequently Asked Questions about 13F
• Other Guidance
• IM Guidance Update (Compliance With Exemptive Orders)(May 10, 2013)
• Investment Advisers Registered with the Commodity Futures Trading Commission (CFTC) that Advise Private Funds (November 15, 2012)
• Advisory Contracts - Consent (June 15, 2012)
• Advisory Contracts - Transition for Newly Registered and Registering Advisers (March 30, 2012)
• Persons Who Provide Advice Solely Regarding Matters Not Concerning Securities (March 27, 2012)
• Staff Responses to Questions About the Custody Rule (December 13, 2011)
• Staff Responses to Questions About the Pay to Play Rule (July 27, 2012)
• Staff Responses to Questions About the Family Office Rule (April 27, 2012)
• Staff Responses to Questions About Part 2 of Form ADV (March 18, 2011)
• Information for Newly-Registered Investment Advisers (November 23, 2010)
• Letter From the Office of Compliance Inspections and Examinations: To Registered Investment Advisers, on Areas Reviewed and Violations Found During Inspections (May 1, 2000)

JOBS Act

• Forms
• Exemptive Applications
• Litigation
• Resources
  • The Jumpstart Our Business Startups Act and Investment Companies
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Money Market Funds

• Forms
• Form N-MFP
• Exemptive Applications
• Litigation
• Resources
• Money Market Funds and Systemic Risk Roundtable (May 10, 2011)
• Rulemaking
• Money Market Fund Reform (February 23, 2010)
• SEC Release Adopting Form N-MFP (February 23, 2010)
• Disclosure of Certain Money Market Fund Portfolio Holdings (September 18, 2009)
• Treatment of Repurchase Agreements and Refunded Securities as an Acquisition of the Underlying Securities (July 5, 2001)
• Staff Guidance
• No Action Letters
  • Dechert LLP (August 24, 2009)
  • Allianz Funds (August 3, 2009)
  • Citigroup Global Markets, Inc (May 28, 2009)
  • College Retirement Equities Fund (CREF) (April 13, 2009)
  • Columbia Funds Series Trust - Columbia Cash Reserves (March 2, 2009)
  • Columbia Funds Series Trust - Columbia Money Market Reserves (March 2, 2009)
  • Columbia Funds Series Trust (October 22, 2008)
  • Advantus Series Fund (October 20, 2008)
  • Dreyfus Cash Management Plus (October 20, 2008)
  • Dreyfus Money Funds (October 20, 2008)
  • Dreyfus Money Funds (October 20, 2008)
  • Dreyfus Cash Management, et al. (September 25, 2008)
  • Eaton Vance Management (June 13, 2008)
  • EIF Neptune, LLC Starwood Energy Investors, LLC & Atlantic Energy Parts (July 29, 2005)
  • AAL Mutual Funds, et al. (December 12, 2002)
  • Five Arrows Short-Term Investment Trust (September 26, 1997)
  • Charles Schwab & Co., Inc. (July 7, 1997)
  • ACM Institutional Reserves, Inc. (July 14, 1995)
  • Alliance Municipal Trust (July 14, 1995)
  • California Municipal Cash Trust (July 11, 1995)
  • Adam W. Glass (July 20, 1994)
    CBA Money Fund, et al. (June 9, 1994)
  • Donaldson, Lufkin & Jenrette Securities Corporation (May 26, 1994)
  • Sean J. Egan (May 10, 1994)
• FAQ
• Staff Responses to Questions About Money Market Fund Reform (August 7, 2012)
  
• Staff Responses to Questions about Rule 30b1-7 and Form N-MFP (July 29, 2011)
• Staff Responses to Questions about Information Filed on Form N-MFP (January 25, 2011)
• Division of Investment Management Responses to Frequently Asked Questions about The Reserve Fund and Money Market Funds (October 1, 2008)
• Other Guidance

Pay-to-Play

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Political Contributions by Certain Investment Advisers: Ban on Third-Party Solicitation (June 8, 2012)
• Technical Amendment to Rule 206(4)-5: Political Contributions by Certain Investment Advisers (May 8, 2012)
• Political Contributions by Certain Investment Advisers (July 1, 2010)
• Staff Guidance
• FAQ
• Staff Responses to Questions About the Pay to Play Rule (July 27, 2012)
• Other Guidance

Portfolio Management – Concentration/Diversification

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
  • Frequently Asked Questions about Rule 35d-1 (Investment Company Names) (December 4, 2001)
• Other Guidance

Portfolio Management – Liquidity/Leverage/Names Rule

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
  • Frequently Asked Questions about Rule 35d-1 (Investment Company Names) (December 4, 2001)
• Other Guidance

Privacy/Identity Theft

• Forms
• Exemptive Applications
• Litigation
• Resources
• Report Issued on Improving Financial Privacy Notices for Consumers (March 31, 2006)
• Regulation of Investment Advisers (March 2, 2013)
• Rulemaking
• Identity Theft Red Flags Rules (April 10, 2013)
• Final Model Privacy Form under the Gramm-Leach-Bliley Act (November 16, 2009)
• Regulation S-AM: Limitations on Affiliate Marketing (November 5, 2009)
• Privacy of Consumer Financial Information (Regulation S-P) (June 22, 2000)
• Staff Guidance
• No Action Letters
• FAQ
• Staff Responses to Questions about Regulation S-P (January 23, 2003)
• Other Guidance

Private Funds

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rules Under the Investment Advisers Act of 1940 (June 22, 2011)
• Hedge Funds Roundtable (September 29, 2003)
• Implications of the Growth of Hedge Funds (September 2003)
• Rulemaking
• Net Worth Standard for Accredited Investors (technical amendment) (March 23, 2012)
• Investment Adviser Performance Compensation (February 15, 2012)
• Net Worth Standard for Accredited Investors (December 21, 2011)
• Exemptions for Advisers to Venture Capital Funds, Private Fund Advisers With Less Than $150 Million in Assets Under Management, and Foreign Private Advisers (June 22, 2011)
• Rules Implementing Amendments to the Investment Advisers Act of 1940 (June 22, 2011)
• Prohibition of Fraud by Advisers to Certain Pooled Investment Vehicles (August 3, 2007)
• Registration Under the Advisers Act of Certain Hedge Fund Advisers (December 2, 2004)
• Staff Guidance
• No Action Letters
  • ABA Subcommittee on Private Investment Entities (August 10, 2006)
  • ABA Subcommittee on Private Investment Entities (December 8, 2005)
  • BSC Employee Fund, L.P. (October 14, 1997)
  • Cornish & Carey Commercial Inc. (February 26, 1996)
  • Mark A. Bush (August 8, 1995)
• FAQ
• Other Guidance

Prospectus Delivery

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Enhanced Disclosure and New Prospectus Delivery Option for Registered Open-End Management Investment Companies (January 13, 2009)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Proxy Voting/Shareholder Meetings

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Facilitating Shareholder Director Nominations (September 15, 2011)
• Facilitating Shareholder Director Nominations (August 25, 2010)
• Proxy Disclosure Enhancements (Correction) (February 23, 2010)
• Amendments to Rules Requiring Internet Availability of Proxy Materials (February 22, 2010)
• Proxy Disclosure Enhancements (December 16, 2009)
• Shareholder Choice Regarding Proxy Materials (July 26, 2007)
• Internet Availability of Proxy Materials (January 22, 2007)
• Executive Compensation and Related Person Disclosure (August 29, 2006)
• Delivery of Proxy Statements and Information Statements to Households (October 27, 2000)
• Staff Guidance
• No Action Letters
  • College Retirement Equities Fund - Tamari - Request for Reconsideration (May 23, 2013)
  • College Retirement Equities Fund - Fox (May 10, 2013)
  • College Retirement Equities Fund - Tamari (May 10, 2013)
  • Foxby Corp. (September 17, 2012)
  • Guggenheim Enhanced Equity Strategy Fund (March 21, 2012)
  • College Retirement Equities Fund ("Fund") Shareholder Proposal of Aaron Levitt (May 6, 2011)
  • Adams Express Company (January 26, 2011)
  • College Retirement Equities Fund (May 19, 2008)
  • Fidelity Funds (January 22, 2008)
  • Franklin Universal Trust (December 18, 2007)
  • Alliance World Dollar Government Fund, Inc. (October 19, 2006)
  • Fidelity Magellan Fund (March 15, 2005)
  • College Retirement Equities Fund - Belth (May 3, 2004)
  • College Retirement Equities Fund - Fuller (May 3, 2004)
  • College Retirement Equities Fund - Stone (May 3, 2004)
  • Current Income Shares, Inc. (July 10, 2001)
  • France Growth Fund, Inc. (April 6, 2001)
  • France Growth Fund, Inc.; Advantage Partners LP (April 6, 2001)
  • France Growth Fund, Inc.; Strome Hedgecap Fund (April 6, 2001)
  • Fidelity Advisor Korea Fund, Inc (March 7, 2001)
  • Alameda Contra Costa Medical Association Collective Investment Trust for Retirement Plans (August 26, 1993)
• FAQ
• Other Guidance

Real Estate/REITs

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Capital Trust, Inc. (February 3, 2009)
  • Capital Trust, Inc. (May 24, 2007)
  • College Retirement Equities Fund - Buchman (May 3, 2004)
  • College Retirement Equities Fund Real Estate Account (July 22, 1993)
• FAQ
• Other Guidance

Recordkeeping

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • ABA Subcommittee on Private Investment Entities (August 10, 2006)
• FAQ
• Other Guidance

Redemptions

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Mutual Fund Redemption Fees (September 27, 2006)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Securities Lending

• Forms
• Exemptive Applications
• Litigation
• Resources
• Securities Lending by U.S. Open-End and Closed-End Investment Companies (November 6, 2012)
• Securities Lending Roundtable (September 29 and 30, 2009)
• Rulemaking
• Staff Guidance
• No Action Letters
  • Adams Express Company (September 7, 1984)
• FAQ
• Other Guidance

Senior Securities

• Forms
• Exemptive Applications
• Litigation
• Resources
• Registered Investment Company Use of Senior Securities - Select Bibliography
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance
  • Funds Using Tender Option Bonds (TOB) Financings (March 29, 2012)

Best Execution/Soft Dollars

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Solicitation/Referral Arrangements

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Status – Investment Adviser

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Staff Guidance
• No Action Letters
  • Allianz of America, Inc. (May 25, 2012)
  • Peter Adamson III (April 3, 2012)
  • ABA Retirement Funds Program (June 7, 2010)
  • Accor Services (June 7, 2010)
  • Cabot Wellington, LLC (June 17, 2008)
    
  • ABA Subcommittee on Private Investment Entities (August 10, 2006)
  • Credit Agricole Asset Management Alternative Investments, Inc. (August 7, 2006)
  • Acacia National Life Insurance Company (December 19, 2003)
  • Gulf Coast Venture Forum, Inc. (August 21, 2002)
  • Aid Association for Lutherans/Lutheran Brotherhood (December 21, 2001)
  • Daughters of Charity National Health System, Inc. (April 3, 1998)
  • ABN AMRO Bank N.V. (July 1, 1997)
  • Department of Labor (December 5, 1995)
  • Dana Investment Advisors, Inc. (October 12, 1994)
• FAQ
• Other Guidance

Status – Investment Company

• Forms
• Exemptive Applications
• Inadvertent Investment Companies – 3(b)(2)
• Inadvertent Investment Companies – 6(c)
• Inadvertent Investment Companies – Foreign Banks/Insurance
• Inadvertent Investment Companies – Other
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Erste Abwicklungsanstalt (October 10, 2012)
  • Deutsche Bank Microcredit Development Fund, Inc. (April 8, 2011)
  • Emeriti Consortium for Retirement Health Solutions (September 3, 2009)
  • Capital Trust, Inc. (February 3, 2009)
  • Emeriti Consortium for Retirement Health Solutions (June 16, 2008)
  • Dexia Municipal Agency (December 26, 2007)
  • Exelon Corporation (September 13, 2007)
  • Cooley Godward & Kronish (July 12, 2007)
  • Capital Trust, Inc. (May 24, 2007)
  • Goldman Sachs Asset Management, L.P. (March 13, 2007)
  • Emeriti Consortium for Retirement Health Solutions (April 7, 2005)
  • The Goldman Sachs Group, Inc. (March 8, 2005)
  • College Retirement Equities Fund - Buchman (May 3, 2004)
  • Cantor Fitzgerald & Company (February 17, 2004)
  • First Data Corporation (January 13, 2004)
  • Equus Capital Partners L.P. (November 14, 2003)
  • General Motors Investment Management (February 20, 2000)
  • Goodwin, Procter & Hoar (October 5, 1998)
  • Credit Suisse First Boston (September 9, 1998)
  • Daughters of Charity National Health System, Inc. (April 3, 1998)
  • Davis, Polk & Wardwell (April 24, 1997)
  • Goodwin, Procter & Hoar (February 28, 1997)
  • Cornish & Carey Commercial Inc. (February 26, 1996)
  • Fiduciary Trust Global Fund (August 2, 1995)
  • Goldman Sachs & Co. (April 27, 1995)
  • ESI S.A. (February 2, 1995)
  • Global Exempt Certificates of Ownership in NHA MBS Securities Inc. (December 30, 1994)
  • Caxton Corporation (December 28, 1994)
  • Edward H. Fleischman (June 30, 1994)
  • Donaldson, Lufkin & Jenrette Securities Corporation (May 26, 1994)
  • College Retirement Equities Fund Real Estate Account (July 22, 1993)
  • Continental of Illinois (Delaware), Ltd. (March 14, 1973)
• FAQ
• Other Guidance

Subadvisers/Multi-Managers

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Trading Issues – Aggregation/Allocation

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Trading Issues – Principal/Agency Cross

• Forms
• Exemptive Applications
• Litigation
• Resources
• Regulation of Investment Advisers (March 2013)
• Rulemaking
• Temporary Rule Regarding Principal Trades with Certain Advisory Clients (December 28, 2010)
• Temporary Rule Regarding Principal Trades with Certain Advisory Clients (Correction) (December 31, 2009)
• Temporary Rule Regarding Principal Trades with Certain Advisory Clients (December 23, 2009)
• Temporary Rule Regarding Principal Trades with Certain Advisory Clients (September 24, 2007)
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

Unit Investment Trusts (UITs)

• Forms
• Exemptive Applications
  • Unit Investment Trusts – Other
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
  • Fixed Income Securities, L.P. (April 29, 2004)
  • Defined Asset Funds (December 23, 1998)
  • Global Exempt Certificates of Ownership in NHA MBS Securities Inc. (December 30, 1994)
  • Defined Asset Funds - Equity Income Fund - Select Ten Series (May 5, 1993)
• FAQ
• Other Guidance

Valuation

• Forms
• Exemptive Applications
• Litigation
• Resources
• Valuation of Portfolio Securities and other Assets Held by Registered Investment Companies — Select Bibliography of the Division of Investment Management (March 20, 2009)
• Rulemaking
• Staff Guidance
• No Action Letters
  • Chief Financial Officer (November 1, 1994)
• FAQ
• Other Guidance
• Valuation Issues, Letter to ICI (December 8, 1999)

Wrap Accounts/Separately Managed Account

• Forms
• Exemptive Applications
• Litigation
• Resources
• Rulemaking
• Staff Guidance
• No Action Letters
• FAQ
• Other Guidance

http://www.sec.gov/divisions/investment/guidance.shtml