http://www.sec.gov/divisions/investment.shtml The Latest Information Updates, Guidance Updates, and No-Action Letters Published by the Division of Investment Management en-us Tue, 04 Oct 2016 13:00 EDT Tue, 04 Oct 2016 15:39 EDT https://www.sec.gov/divisions/investment/noaction/2016/vangrover-seward-kissel-100416-206-4.htm Staff Letter: (No-Action relief extending relief concerning the performance of certain engagements under rule 206(4)-2 by auditors in light of the PCAOB's Temporary Rule providing for its inspection of auditors related to audits of brokers or dealers) vangrover-seward-kissel-100416-206-4 No Action Letter Tue, 04 Oct 2016 15:39 EDT https://www.sec.gov/divisions/investment/noaction/2016/hannon-armstrong-093016-3c5a.htm Staff Letter: Hannon Armstrong Sustainable Infrastructure Capital, Inc. thrivent-092716-12d1.htm No Action Letter Fri, 30 Sep 2016 15:42 EDT https://www.sec.gov/divisions/investment/noaction/2016/thrivent-092716-12d1.htm Staff Letter: Thrivent Financial for Lutherans and Thrivent Asset Management, LLC thrivent-092716-12d1.htm No Action Letter Thu, 29 Sep 2016 13:00 EDT https://www.sec.gov/divisions/investment/noaction/2016/neuberger-berman-092816-6c.htm Staff Letter (Neuberger Berman Investment Advisers LLC, et al.) neuberger-berman-092816-6c No Action Letter Wed, 28 Sep 2016 17:35 EDT https://www.sec.gov/divisions/investment/noaction/2016/herzfeld-caribbean-basin-092116-486b.html Staff Letter (No-Action relief under Rule 486(b) under the Securities Act of 1933) herzfeld-caribbean-basin-092116-486b No Action Letter Fri, 23 Sep 2016 13:50 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2016-8.pdf Money Market Fund Statistics, August 2016 mmf-statistics-2016-8 Data Thu, 22 Sep 2016 14:50 EDT https://www.sec.gov/divisions/investment/noaction/2016/depository-trust-company-of-delaware-091216.html Staff Letter (No-Action relief under Section 17(f)(1) of the Investment Company Act of 1940) depository-trust-company-of-delaware-091216.html No Action Letter Tue, 20 Sep 2016 18:00 EDT http://www.sec.gov/divisions/investment/guidance/staff-letter-sifma-081916.pdf Staff Letter Regarding Rule 206(3)-3T under the Investment Advisers Act of 1940 staff-letter-sifma-081916 Guidance Mon, 22 Aug 2016 10:00 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2016-7.pdf Money Market Fund Statistics, July 2016 mmf-statistics-2016-7 Data Fri, 19 Aug 2016 14:11 EDT http://www.sec.gov/divisions/investment/noaction/2016/afl-cio-housing-investment-trust-080516-12d3.htm AFL-CIO Housing Investment Trust No-Action Letter afl-cio-housing-investment-trust-080516-12d3 No-Action Letter Mon, 8 Aug 2016 11:25 EDT http://www.sec.gov/divisions/investment/noaction/2016/franklin-limited-duration-income-trust-072716-14a8.htm Franklin Limited Duration Income Trust franklin-limited-duration-income-trust-072716-14a8 No-Action Letter Tue, 2 Aug 2016 11:45 EDT http://www.sec.gov/divisions/investment/private-funds-statistics.shtml Private Funds Statistics, Fourth Quarter, 2015 private-funds-statistics-072716 Data Wed, 27 Jul 2016 10:55 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2016-6.pdf Money Market Fund Statistics, June 2016 mmf-statistics-2016-6 Data Wed, 27 Jul 2016 10:55 EDT http://www.sec.gov/divisions/investment/noaction/2016/deutsche-multi-market-income-trust-062416-14a8.htm Deutsche Multi-Market Income Trust (Omission of Shareholder Proposal) deutsche-multi-market-income-trust-062416-14a8 No-Action Letter Wed, 6 Jul 2016 12:00 EDT http://www.sec.gov/divisions/investment/noaction/2016/deutsche-strategic-income-trust-062416-14a8.htm Deutsche Strategic Income Trust (Omission of Shareholder Proposal) deutsche-strategic-income-trust-062416-14a8 No-Action Letter Wed, 6 Jul 2016 12:00 EDT http://www.sec.gov/investment/im-guidance-2016-04.pdf Guidance Update: Business Continuity Planning for Registered Investment Companies im-guidance-2016-04 Guidance Update Tue, 28 Jun 2016 16:45 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2016-5.pdf Money Market Fund Statistics, May 2016 mmf-statistics-2016-5 Data Wed, 22 Jun 2016 10:40 EST http://www.sec.gov/divisions/investment/noaction/2016/fidelity-management-research-company-062016.htm Fidelity Management & Research Company et al.; Regulation S-X – Rule 2-01 fidelity-management-research-company-062016 No-Action Letter Tue, 21 Jun 2016 13:00 EDT http://www.sec.gov/divisions/investment/noaction/2016/investment-adviser-association-042516-206(4).htm Investment Adviser Association No-Action Letter; Investment Advisers Act of 1940 – Section 206(4) and Rule 206(4)-2 investment-adviser-association-042516-206(4) No-Action Letter Tue, 26 Apr 2016 11:30 EDT http://www.sec.gov/divisions/investment/noaction/2016/jpmorgan-041416-206(3).htm J.P. Morgan Securities LLC No-Action Letter; Principal Transaction and Investment Advisers Act of 1940 – Section 206(3)) jpmorgan-041416-206(3) No-Action Letter Fri, 15 Apr 2016 11:40 EDT http://www.sec.gov/divisions/investment/noaction/2016/spdr-sp-dividend-etf-032816-12d2.htm SPDR S&P Dividend ETF No-Action Letter; Index-Based Funds and Sections 12(d)(2) and 12(d)(3) of the Investment Company Act of 1940 spdr-sp-dividend-etf-032816-12d2 No-Action Letter Wed, 30 Mar 2016 11:40 EDT http://www.sec.gov/investment/im-guidance-2016-03.pdf Guidance Update: Fund Disclosure Reflecting Risks Related to Current Market Conditions im-guidance-2016-03 Guidance Update Mon, 21 Mar 2016 11:40 EDT http://www.sec.gov/news/speech/david-grim-remarks-to-ici-2016-mutual-funds-and-invest-mgmt-conf.html Remarks to ICI 2016 Mutual Funds and Investment Management Conference by Dave Grim, Director, Division of Investment Management, in Orlando, Florida david-grim-remarks-to-ici-2016-mutual-funds-and-invest-mgmt-conf Dave Grim Speech Mon, 14 Mar 2016 11:25 EDT http://www.sec.gov/investment/im-guidance-2016-02.pdf Guidance Update: Fund Disclosure Reflecting Risks Related to Current Market Conditions im-guidance-2016-02 Guidance Update Wed, 9 Mar 2016 17:15 EST http://www.sec.gov/divisions/marketreg/faq-volcker-rule-section13.htm#trups-cdos New: Capital Treatment of Banking Entity Investments in TruPS CDOs faq-volcker-rule-section13.htm#trups-cdos FAQ Fri, 4 Mar 2016 11:00 EST http://www.sec.gov/news/speech/remarks-to-pli-investment-management-institute-2016.html Remarks to the PLI Investment Management Institute – 2016 by Dave Grim, Director, Division of Investment Management remarks-to-pli-investment-management-institute-2016 Dave Grim Speech Thu, 3 Mar 2016 17:55 EST http://www.sec.gov/divisions/investment/noaction/2016/blackrock-health-sciences-trust-022416-486b.htm BlackRock Health Sciences Trust blackrock-health-sciences-trust-022416 No-Action Letter Thu, 25 Feb 2016 15:15 EST http://www.sec.gov/divisions/investment/private-funds-statistics.shtml Private Funds Statistics, Third Quarter, 2015 private-funds-statistics-022416 Data Wed, 24 Feb 2016 14:50 EST http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2016-1.pdf Money Market Fund Statistics, January 2016 mmf-statistics-2016-1 Data Tue, 23 Feb 2016 12:15 EST http://www.sec.gov/divisions/investment/private-funds-statistics.shtml http://www.sec.gov/divisions/investment/private-funds-statistics.shtml private-funds-statistics-011316 Data Wed, 13 Jan 2016 15:30 EST http://www.sec.gov/divisions/investment/noaction/2016/fiduciary-claymore-mlp-010716-486b.htm Fiduciary/Claymore MLP Opportunity Fund fiduciary-claymore-mlp-010716 No-Action Letter Thu, 07 Jan 2016 17:15 EST http://www.sec.gov/investment/im-guidance-2016-01.pdf Guidance Update: Mutual Fund Distribution and Sub-accounting Fees im-guidance-2016-01 Guidance Update Wed, 6 Jan 2016 14:15 EST http://www.sec.gov/divisions/investment/noaction/2015/chicago-mercantile-exchange-122915.htm Chicago Mercantile Exchange chicago-mercantile-exchange-122915 No-Action Letter Tue, 29 Dec 2015 13:45 EST http://www.sec.gov/divisions/investment/noaction/2015/ice-clear-credit-122915.htm ICE Clear Credit LLC ice-clear-credit-122915 No-Action Letter Tue, 29 Dec 2015 13:45 EST http://www.sec.gov/divisions/investment/noaction/2015/lch.clearnet-122915.htm LCH.Clearnet Limited and LCH.Clearnet LLC lch.clearnet-122915.htm No-Action Letter Tue, 29 Dec 2015 13:45 EST http://www.sec.gov/news/speech/grim-remarks-ici-2015-securities-law-development-conference.html Remarks to the ICI 2015 Securities Law Development Conference by Dave Grim, Director, Division of Investment Management grim-remarks-ici-2015-securities-law-development-conference Dave Grim Speech Wed, 16 Dec 2015 14:30 EST http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-10.pdf Money Market Fund Statistics, October 2015 mmf-statistics-2015-10 Data Tue, 1 Dec 2015 17:45 EST http://www.sec.gov/divisions/marketreg/faq-volcker-rule-section13.htm#residual-positions Termination of Market-Making Activity: Treatment of Residual Positions; Applicability of the Restrictions in Section 13(f) of the BHC Act faq-volcker-rule-section13.htm#residual-positions FAQ Fri, 20 Nov 2015 11:00 EST http://www.sec.gov/divisions/investment/noaction/2015/investmentcompanyinstitute-111615-482.htm Investment Company Institute, et al investmentcompanyinstitute-111615-482 No-Action Letter Mon, 16 Nov 2015 17:45 EST http://www.sec.gov/news/speech/remarks-ali-cle-2015-conf-life-insurance-company-products-grim.html Remarks to 2015 IAA Compliance Conference by Dave Grim, Acting Director, Division of Investment Management remarks-ali-cle-2015-conf-life-insurance-company-products-grim Dave Grim Speech Mon, 2 Nov 2015 11:45 EST http://www.sec.gov/investment/im-guidance-2015-04.pdf Guidance Update: Employees’ Securities Companies and Escheatment im-guidance-2015-04 Guidance Update Thu, 29 Oct 2015 15:30 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-9.pdf Money Market Fund Statistics, September 2015 mmf-statistics-2015-9 Data Wed, 28 Oct 2015 13:30 EDT http://www.sec.gov/divisions/investment/private-funds-statistics.shtml http://www.sec.gov/divisions/investment/private-funds-statistics.shtml private-funds-statistics Data Fri, 16 Oct 2015 09:30 EDT http://www.sec.gov/divisions/investment/noaction/2015/northamerica-seventh-day-adventists-100615.htm North American Division of Seventh-Day Adventists northamerica-seventh-day-adventists-100615 No-Action Letter Tue, 6 Oct 2015 10:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/stansberrry-093015-206(4).htm F. Porter Stansberry stansberrry-093015-206(4) No-Action Letter Wed, 30 Sep 2015 10:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/wilkie-farr-gallagher-092115-203.htm Willkie Farr & Gallagher wilkie-farr-gallagher-092115-203 No-Action Letter Mon, 21 Sep 2015 10:00 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-8.pdf Money Market Fund Statistics, August 2015 mmf-statistics-2015-8 Data Thu, 24 Sep 2015 12:00 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-7.pdf Money Market Fund Statistics, July 2015 mmf-statistics-2015-7 Data Fri, 21 Aug 2015 15:20 EDT http://www.sec.gov/divisions/corpfin/cf-noaction/2015/royal-dutch-shell-080715-12gh.htm Royal Dutch Shell plc royal-dutch-shell-080715-12gh No-Action Letter Fri, 14 Aug 2015 10:03:52 EDT http://www.sec.gov/divisions/investment/noaction/2015/fidelity-freedom-2020-fund-081215-14a8.htm Fidelity Freedom 2020 Fund, Fidelity Freedom 2025 Fund, and Fidelity Advisor Municipal Income Fund fidelity-freedom-2020-fund-081215-14a8 No-Action Letter Wed, 12 Aug 2015 12:00 EDT http://www.sec.gov/divisions/investment/mmf-statistics.shtml Money Market Fund Statistics, June 2015 mmf-statistics-2015-6 Data Wed, 29 Jul 2015 16:00 EST http://www.sec.gov/divisions/investment/noaction/2015/carey-credit-income-fund-071515-7a55a23c.htm Carey Credit Income Fund carey-credit-income-fund-071515 No-Action Letter Thu, 16 Jul 2015 14:40 EST http://www.sec.gov/divisions/investment/noaction/2015/jackson-national-life-070915.htm Jackson National Life jackson-national-life-070915 No-Action Letter Thu, 09 Jul 2015 15:15 EDT http://www.sec.gov/divisions/investment/noaction/2015/northern-lights-fund-trust-063015.htm Northern Lights Fund Trust northern-lights-trust-fund-063015 No-Action Letter Tue, 30 Jun 2015 14:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/spdr-series-trust-062915.htm SPDR Series Trust, et al. spdr-series-trust-062915 No-Action Letter Tue, 30 Jun 2015 14:00 EDT http://www.sec.gov/investment/im-guidance-2015-03.pdf Personal Securities Transactions Reports by Registered Investment Advisers: Securities Held in Accounts Over Which Reporting Persons Had No Influence or Control im-guidance-2015-03 Guidance Update Fri, 26 Jun 2015 13:00 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-5.pdf Money Market Fund Statistics, May 2015 mmf-statistics-2015-5 Data Fri, 26 Jun 2015 12:00 EDT http://www.sec.gov/rules/other/2015/ia-4129.pdf Compliance Date for the Ban on Third-Party Solicitation ia-4129 Notice Thu, 25 Jun 2015 14:00 EDT http://www.sec.gov/divisions/investment/pay-to-play-faq.htm#1.4 Compliance Date for the Ban on Third-Party Solicitation pay-to-play-faq.htm#1.4 Notice Thu, 25 Jun 2015 14:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/fidelity-inflation-protected-bond-fund-022415-14a8.htm Fidelity Inflation-Protected Bond Fund (Omission of Shareholder Proposal) fidelity-inflation-protected-bond-fund-022415-14a8 Staff Letter Mon, 11 May 2015 17:20 EDT http://www.sec.gov/divisions/investment/noaction/2015/adams-diversified-equity-043015-12d3.htm Adams Diversified Equity Fund Inc., May 5, 2015 adams-diversified-equity-043015-12d3 Staff Letter Tue, 5 May 2015 16:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/tudor-emp-invest-fund-042815-6b1.htm Tudor Employee Investment Fund LLC and Tudor Investment Corporation, April 28, 2015 tudor-emp-invest-fund-042815-6b1 Staff Letter Wed, 29 Apr 2015 09:18 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-3.pdf Money Market Fund Statistics, March 2015 mmf-statistics-2015-3 Data Thu, 23 Apr 2015 18:00 EDT http://www.sec.gov/divisions/investment/guidance/2014-money-market-fund-reform-frequently-asked-questions.shtml FAQ: 2014 Money Market Fund Reform Frequently Asked Questions 2014-money-market-fund-reform-frequently-asked-questions FAQ Wed, 22 Apr 2015 13:45 EDT http://www.sec.gov/divisions/investment/guidance/valuation-guidance-frequently-asked-questions.shtml FAQ: Valuation Guidance Frequently Asked Questions valuation-guidance-frequently-asked-questions FAQ Wed, 22 Apr 2015 13:45 EDT http://www.sec.gov/divisions/investment/noaction/2015/clough-global-equity-fund-041615-14a8.htm Opportunity Partners L.P. Shareholder Proposal (Clough Global Equity Fund) clough-global-equity-fund-041615-14a8 Staff Letter Fri, 17 Apr 2015 17:40 EDT http://www.sec.gov/divisions/investment/noaction/2015/harris-harris-group-040315-14a8.pdf Harris & Harris Group, Inc. /divisions/investment/noaction/2015/harris-harris-group-040315-14a8 Staff Letter Tue, 14 Apr 2015 12:00 EDT http://www.sec.gov/divisions/investment/noaction/2015/franklin-templeton-investments040315-12d1.htm Franklin Templeton Investments franklin-templeton-investments040315-12d1 Staff Letter Fri, 3 Apr 2015 16:20 EDT http://www.sec.gov/divisions/investment/noaction/2015/lmp-real-estate-income-fund-032515-14a8.htm Tom DeWard Shareholder Proposal (LMP Real Estate Income Fund, Inc.) lmp-real-estate-income-fund-032515-14a8 Staff Letter Wed, 25 Mar 2015 15:15 EDT http://www.sec.gov/divisions/investment/noaction/2015/karpus-management-021815-14a8.htm 16th Amendment Advisors LLC 16th-amendment-advisors-032315 Staff Letter Mon, 23 Mar 2015 14:10 EDT http://www.sec.gov/divisions/investment/mmf-statistics/mmf-statistics-2015-1.pdf Money Market Fund Statistics, January 2015 mmf-statistics-2015-1 Data Wed, 11 Mar 2015 12:55 EDT http://www.sec.gov/news/speech/remarks-iaa-compliance-conference-2015.html Remarks to 2015 IAA Compliance Conference by Dave Grim, Acting Director, Division of Investment Management remarks-iaa-compliance-conference-2015 Dave Grim Speech Mon, 9 Mar 2015 10:30 EDT http://www.sec.gov/news/speech/remarks-pli-investment-management-institute-2015.html Remarks to PLI Investment Management Institute 2015 by Dave Grim, Acting Director, Division of Investment Management remarks-pli-investment-management-institute-2015 Dave Grim Speech Mon, 9 Mar 2015 10:30 EDT http://www.sec.gov/divisions/marketreg/faq-volcker-rule-section13.htm#sotus SOTUS Covered Fund Exemption: Marketing Restriction faq-volcker-rule-section13.htm#sotus FAQ Fri, 27 Feb 2015 14:00 EST http://www.sec.gov/investment/im-guidance-2015-01.pdf Acceptance of Gifts or Entertainment by Fund Advisory Personnel — Section 17(e)(1) of the Investment Company Act im-guidance-2015-01 Guidance Update Mon, 23 Feb 2015 10:00 EST http://www.sec.gov/divisions/investment/mmf-statistics.shtml Money Market Fund Statistics mmf-statistics Data Thu, 19 Feb 2015 17:20 EST http://www.sec.gov/divisions/investment/noaction/2015/karpus-management-021815-14a8.htm Karpus Management, Inc. karpus-management-021815-14a8 Staff Letter Fri, 20 Feb 2015 16:14:52 EST http://www.sec.gov/divisions/investment/noaction/2015/american-retirement-sssociation-021815-482.htm American Retirement Association american-retirement-sssociation-021815-482 Staff Letter Thu, 19 Feb 2015 17:20 EST http://www.sec.gov/investment/im-guidance-2014-13.pdf Key Employee Trusts Under the Family Office Rule im-guidance-2014-13 Guidance Update Mon, 22 Dec 2014 14:00 EST http://www.sec.gov/divisions/investment/noaction/2014/rbc-121914-206(4)-3.htm Royal Bank of Canada rbc-121914-206(4)-3 Staff Letter Mon, 22 Dec 2014 12:46:36 EST http://www.sec.gov/divisions/investment/noaction/2014/lch.clearnet-121914.htm LCH.Clearnet Limited and LCH.Clearnet LLC lch.clearnet-121914 Staff Letter Fri, 19 Dec 2014 17:00 EST http://www.sec.gov/divisions/investment/noaction/2014/ice-clear-credit-121914.htm ICE Clear Credit LLC ice-clear-credit-121914 Staff Letter Fri, 19 Dec 2014 17:00 EST http://www.sec.gov/divisions/investment/noaction/2014/chicago-mercantile-exchange-121914.htm Chicago Mercantile Exchange chicago-mercantile-exchange-121914 Staff Letter Fri, 19 Dec 2014 17:00 EST http://www.sec.gov/divisions/investment/noaction/2014/new-mountain-finance-121814-55a.htm New Mountain Finance Corporation new-mountain-finance-121814-55a Staff Letter Fri, 19 Dec 2014 17:00 EST http://www.sec.gov/News/Speech/Detail/Speech/1370543675348 Remarks to the ICI 2014 Securities Law Developments Conference by Norm Champ, Director, Division of Investment Management, on December 10, 2014 1370543675348 Norm Champ Speech Wed, 10 Dec 2014 16:45 EST http://www.sec.gov/investment/im-info-2014-6.pdf Updates to Form PF Frequently Asked Questions im-info-2014-6 Information Update Fri, 05 Dec 2014 15:00 EST http://www.sec.gov/investment/im-guidance-2014-12.pdf BDCs-Transactions with Certain Second-Tier Affiliates im-guidance-2014-12 Guidance Update Fri, 05 Dec 2014 10:00 EST http://www.sec.gov/divisions/investment/noaction/2014/bank-of-america-112514-206(4)-3.htm No-action relief under rule 206-4(3) under the Investment Advisers Act of 1940 bank-of-america-112514-206(4)-3.htm Staff Letter Wed, 3 Dec 2014 09:45 EST http://www.sec.gov/News/Speech/Detail/Speech/1370543436709 Remarks to the ALI CLE 2014 Conference on Life Insurance Company Products by Norm Champ, Director, Division of Investment Management, on November 13, 2014 1370543436709 Norm Champ Speech Fri, 14 Nov 2014 10:00 EDT http://www.sec.gov/divisions/investment/noaction/2014/nuveen-110714.htm Rule 486(b) under the Securities Act of 1933 nuveen-110714 Staff Letter Fri, 14 Nov 2014 09:45 EDT http://www.sec.gov/divisions/investment/noaction/2014//divisions/investment/noaction/2014/ellsworth-fund-110614-14a8.htm Exclusion of Shareholder Proposal under Rule 14a-8 ellsworth-fund-110614-14a8 Staff Letter Mon, 10 Nov 2014 11:45 EDT http://www.sec.gov/investment/im-guidance-2014-11.pdf Guidance Regarding Mutual Fund Enhanced Disclosure im-guidance-2014-11 Guidance Update Fri, 31 Oct 2014 15:45 EDT http://www.sec.gov/News/Speech/Detail/Speech/1370543319219 Remarks to the SIFMA Complex Products Forum by Norm Champ, Director, Division of Investment Management, on October 29, 2014 1370543319219 Norm Champ Speech Wed, 29 Oct 2014 12:00 EDT http://www.sec.gov/investment/im-guidance-2014-10.pdf Guidance Mixed and Shared Funding Orders im-guidance-2014-10 Guidance Update Fri, 24 Oct 2014 12:00 EDT http://www.sec.gov/divisions/investment/noaction/2014/guggenheim-100214-486b.htm No-action relief under rule 486(b) under the Securities Act of 1933 guggenheim-100214-486b Staff Letter Thu, 2 Oct 2014 12:00 EDT http://www.sec.gov/News/Speech/Detail/Speech/1370542916156 Remarks to the Practising Law Institute, Hedge Fund Management Seminar 2014, on September 11, 2014 1370542916156 Norm Champ Speech Thu, 11 Sep 2014 12:00 EDT http://www.sec.gov/divisions/investment/noaction/2014/amerivest-081914-205a1.htm No-action request under Section 205(a)(1) of the Investment Advisers Act of 1940 amerivest-081914-205a1 Staff Letter Wed, 20 Aug 2014 10:58 EDT http://www.sec.gov/rules/proposed/2014/ia-3893.pdf Commission Proposes Two-Year Extension of Sunset Date for Advisers Act Rule 206(3)-3T ia-3893 Rule Mon, 18 Aug 2014 09:39 EDT http://www.sec.gov/divisions/investment/noaction/2014/citigroup-global-markets-080614-206.htm No-action relief under section 206(4) of the Investment Advisers Act citigroup-global-markets-080614-206 Staff Letter Fri, 8 Aug 2014 12:30 EDT http://www.sec.gov/rules/final/2014/33-9616.pdf SEC Adopts Money Market Fund Reform Rules 33-9616 Rule Mon, 28 Jul 2014 12:30 EDT http://www.sec.gov/rules/proposed/2014/ic-31184.pdf SEC Proposes Removal of Certain References to Credit Ratings in the Money Market Fund Rule IC-31184 Rule Mon, 28 Jul 2014 12:30 EDT http://www.sec.gov/News/Speech/Detail/Speech/1370542269804 Remarks to the 2014 Insured Retirement Institute Government, Legal and Regulatory Conference by Norm Champ, Director, Division of Investment Management, on July 1, 2014 1370542269804 Norm Champ Speech Thu, 10 Jul 2014 14:20 EDT http://www.sec.gov/News/Speech/Detail/Speech/1370542253660 Remarks to the Practising Law Institute, Private Equity Forum 1356125649549 Norm Champ Speech Mon, 7 Jul 2014 19:00 EDT http://www.sec.gov/investment/im-info-2014-5.pdf Staff Legal Bulletin: Proxy Voting Responsibilities of Investment Advisers im-info-2014-5 Information Update Mon, 30 Jun 2014 19:00 EDT http://www.sec.gov/investment/im-guidance-2014-09.pdf Business Development Companies with Wholly-Owned SBIC Subsidiaries-Asset Coverage Requirements im-guidance-2014-09 Guidance Update Fri, 27 Jun 2014 16:00 EDT http://www.sec.gov/investment/im-guidance-2014-08.pdf Guidance Regarding Mutual Fund Enhanced Disclosure im-guidance-2014-08 Guidance Update Thu, 26 Jun 2014 16:30 EDT http://www.sec.gov/investment/im-guidance-2014-07.pdf Private Funds and the Application of the Custody Rule to Special Purpose Vehicles and Escrows im-guidance-2014-07 Guidance Update Thu, 26 Jun 2014 16:30 EDT http://www.sec.gov/investment/im-info-2014-4.pdf Updates to Frequently Asked Questions About Form 13F im-info-2014-4 Information Update Wed, 25 Jun 2014 18:25 EDT http://www.sec.gov/divisions/marketreg/faq-volckerr-rule-section13.htm Guidance on the Commission’s final rule implementing section 13 of the Bank Holding Company Act of 1956 (“BHC Act”), commonly referred to as the “Volcker Rule.” faq-volckerr-rule-section13 FAQ Tue, 10 Jun 2014 14:00 EDT http://www.sec.gov/investment/im-guidance-2014-06.pdf Series Investment Companies: Affiliated Transactions im-guidance-2014-06 Guidance Update Fri, 6 Jun 2014 17:00 EDT http://www.sec.gov/divisions/investment/noaction/2014/creditsuisse-052014.htm No-action relief under section 206(4) of the Investment Advisers Act creditsuisse-052014 Staff Letter Mon, 2 Jun 2014 16:32 EDT http://www.sec.gov/investment/im-info-2014-3.pdf Exemptive Applications Review: Comparison Documents im-info-2014-3 Information Update Wed, 28 May 2014 11:00 EDT http://www.sec.gov/divisions/investment/noaction/2014/gabelliletter-041814.htm No-action relief under sections 5(b) and 6(a) of the Securities Act of 1933 gabelliletter-041814 Staff Letter Wed, 23 Apr 2014 15:10 EDT http://www.sec.gov/investment/im-guidance-2014-05.pdf Deregistration of Investment Companies: Applications on Form N-8F im-guidance-2014-5 Guidance Update Fri, 18 Apr 2014 16:10 EST http://www.sec.gov/divisions/investment/noaction/2014/jpm-muni-mmf-041514-14a8.htm Exclusion of Shareholder Proposal Pursuant to Rule 14a-8 jpm-muni-mmf-041514-14a8 Staff Letter Tue, 15 Apr 2014 12:00 EST http://www.sec.gov/divisions/investment/noaction/2014/invesco-advisers-040814-403b.htm No-action relief under section 7(a) of the Investment Company Act invesco-advisers-040814-403b Staff Letter Tue, 8 Apr 2014 12:00 EST http://www.sec.gov/News/Speech/Detail/Speech/1370541453144#.U1F7MhCa-aE 2014 5th Annual DCIIA Public Policy Forum dave-grim-speech-04032014 Dave Grim Speech Thu, 3 Apr 2014 12:00 EST http://www.sec.gov/News/Speech/Detail/Speech/1370541168327#.U1F6jxCa-aE 2014 Mutual Funds and Investment Management Conference norm-champ-speech-03172014 Norm Champ Speech Mon, 17 Mar 2014 12:00 EST http://www.sec.gov/investment/reportspubs/annual-reports/2013-Information%20Update.pdf 2013 Division of Investment Management Year in Review imannouncements/im-info-2014-2 Information Update Tue, 11 Mar 2014 12:00 EST http://www.sec.gov/divisions/investment/noaction/2014/rsgnrfund-15(a)-030714.htm No-action relief under Section 15(a) of the Investment Company Act rsgnrfund-15a-030714-2 Staff Letter Fri, 7 Mar 2014 18:10 EST http://www.sec.gov/divisions/investment/noaction/2014/rsgnrfund-15(a)-030714.htm No-action relief under Section 15(a) of the Investment Company Act rsgnrfund-15a-030714 Staff Letter Thu, 6 Mar 2014 12:00 EST http://www.sec.gov/divisions/investment/guidance/im-guidance-2014-03.pdf Multi-Manager Funds – Aggregate Advisory Fee Rate im-guidance-2014-3 Guidance Update Tue, 25 Feb 2014 17:20 EST http://www.sec.gov/divisions/investment/noaction/2014/first-trust-dividend-income-fund-013014-14a8.htm Omission of Shareholder Proposal under Rule 14a-8 first-trust-dividend-income-fund-013014-14a8 Staff Letter Mon, 24 Feb 2014 17:40 EST http://www.sec.gov/divisions/investment/guidance/im-guidance-2014-02.pdf Unbundling of Proxy Proposals—Investment Company Charter Amendments im-guidance-2014-2 Guidance Update Mon, 24 Feb 2014 09:56 EST http://www.sec.gov/divisions/investment/noaction/2014/meag-munich-ergo-021414.htm No-action relief under 203(a) of the Investment Advisors Act of 1940 staff-letter-02142014 Staff Letter Tue, 18 Feb 2014 17:40 EST http://www.sec.gov/divisions/investment/noaction/2014/nuveen-invest-funds-02132014.htm Securities Lending – Section 17(e)(1) and Affiliated Lending Agents staff-letter-02132014 Staff Letter Tue, 18 Feb 2014 17:40 EST http://www.sec.gov/divisions/investment/noaction/2014/firsthand-tech-value-fun-020714.htm Omission of Shareholder Proposal under Rule 14a-8 staff-letter-02072014 Staff Letter Tue, 18 Feb 2014 16:55 EST http://www.sec.gov/divisions/investment/noaction/2014/brinks-021114-17f1.htm Custody of gold bullion and other precious metals under section 17(f) brinks-021114-17f1 Staff Letter Fri, 14 Feb 2014 17:44 EST http://www.sec.gov/divisions/investment/imannouncements/im-info-2014-1.pdf Updates to Form PF Frequently Asked Questions imannouncements/im-info-2014-1 Information Update Wed, 12 Feb 2014 15:40 EST http://www.sec.gov/divisions/investment/noaction/2014/managed-funds-association-020614.htm Managed Funds Association managed-funds-association-020614 No-Action Letter Fri, 7 Feb 2014 17:55 EST http://www.sec.gov/divisions/investment/noaction/2014/hibler-012414.htm Ms. Stephanie Hibler hibler-012414.htm No-Action Letter Mon, 27 Jan 2014 14:20 EST http://www.sec.gov/divisions/investment/guidance/im-guidance-2014-1.pdf Risk Management in Changing Fixed Income Market Conditions im-guidance-2014-1 Guidance Update Wed, 15 Jan 2014 11:50 EST http://www.sec.gov/divisions/investment/noaction/2013/mexicofundletter-123113.htm The Mexico Fund, Inc. the-mexico-fund-010213 No-Action Letter Thu, 2 Jan 2014 16:10 EST http://www.sec.gov/divisions/investment/noaction/2013/chicago-mercantile-exchange-122613.htm Chicago Mercantile Exchange chicago-mercantile-exchange-122613 No-Action Letter Fri, 27 Dec 2013 14:00 EST http://www.sec.gov/divisions/investment/noaction/2013/ice-clear-credit-22613.htm ICE Clear Credit LLC ice-clear-credit-22613 No-Action Letter Fri, 27 Dec 2013 14:00 EST http://www.sec.gov/divisions/investment/noaction/2013/lch-clearnet-122613.htm LCH.Clearnet Limited and LCH.Clearnet LLC lch-clearnet-122613 No-Action Letter Fri, 27 Dec 2013 14:00 EST http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-14.pdf Investment Funds Maintained by Charitable Organizations im-guidance-2013-14 Guidance Update Tue, 24 Dec 2013 15:35 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-13.pdf Guidance on the Exemption for Advisers to Venture Capital Funds im-guidance-2013-13 Guidance Update Tue, 3 Dec 2013 15:05 EDT http://www.sec.gov/divisions/investment/noaction/2013/rbssecurities-11252013-section206.htm Payment of Cash Solicitation Fees under Rule 206(4)-3 staff-letter-11262013 Staff Letter Tue, 3 Dec 2013 15:00 EDT http://www.sec.gov/divisions/investment/noaction/2013/aba-rf-112513.htm No-action relief under section 5 of the Securities Act of 1933 staff-letter-11252013 Staff Letter Tue, 3 Dec 2013 14:56 EDT http://www.sec.gov/News/Speech/Detail/Speech/1370540410057 Remarks to the ALI CLE 2013 Conference on Life Insurance Company Products norm-champ-speech-11142013 Norm Champ Speech Tue, 3 Dec 2013 14:48 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-12.pdf Fund Names Suggesting Protection From Loss im-guidance-2013-12 Guidance Update Tue, 3 Dec 2013 14:40 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-09.pdf Fund Advisers Serving “At Cost” or For No Compensation im-guidance-2013-09 Guidance Update Thu, 10 Oct 2013 16:15 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-11.pdf Updates to FAQs About Form 13F imannouncements/im-info-2013-11 Information Update Thu, 10 Oct 2013 16:15 EDT http://www.sec.gov/divisions/investment/accel_reg2013_im.shtml Acceleration of Registration Statements if There is A Change in the SEC’s Operating Status imannouncements/im-info-2013-special Information Update Thu, 10 Oct 2013 16:15 EDT http://www.sec.gov/divisions/investment/noaction/2013/mcg092713.pdf BDC Share Repurchases and Restricted Stock Plans nal-mcg-092713.pdf No-Action Letter Fri, 04 Oct 2013 18:30 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-08.pdf Form 13F Confidential Treatment Requests Based on a Claim of Ongoing Acquisition/Disposition Program; im-guidance-2013-08 Guidance Update Wed, 02 Oct 2013 11:00 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-07.pdf Business Development Companies—Separate Financial Statements or Summarized Financial Information of Certain Subsidiaries; im-guidance-2013-07 Guidance Update Fri, 27 Sep 2013 17:35 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-06.pdf Merger of Two Exchange-Traded Funds im-guidance-2013-06 Guidance Update Tue, 24 Sep 2013 17:45 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-05.pdf Guidance for Registered Investment Companies that Invest in Commodity Interests im-guidance-2013-05 Guidance Update Tue, 13 Aug 2013 14:15 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-10.pdf Updates to Form PF Frequently Asked Questions imannouncements/im-info-2013-10 Information Update Fri, 9 Aug 2013 16:00 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-09.pdf Exchange-Traded Funds Using Affiliated Index Providers imannouncements/im-info-2013-09 Information Update Fri, 9 Aug 2013 16:00 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-08.pdf Updates to Frequently Asked Questions about Form 13F imannouncements/im-info-2013-08 Information Update Mon, 5 Aug 2013 12:21 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-04.pdf Privately Offered Securities Under the Investment Advisers Act Custody Rule im-guidance-2013-04 Guidance Update Thu, 1 Aug 2013 17:40 EDT http://www.sec.gov/divisions/investment/noaction/2012/wellsfargo071513-206-4.pdf Payment of Cash Solicitation Fees under Rule 206(4)-3 wellsfargo071513-206-4.pdf No-Action Letter Thu, 18 Jul 2013 15:45 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-03.pdf Counterparty Risk Management Practices With Respect to Tri-Party Repurchase Agreements im-guidance-2013-03 Guidance Update Wed, 17 Jul 2013 16:45 EDT http://www.sec.gov/divisions/investment/noaction/2013/blackrock071013-17d.htm BlackRock Multi-Sector Income Trust (July 8, 2013) blackrock071013-17d.htm No-Action Letter Tue, 16 Jul 2013 13:45 EDT http://www.sec.gov/divisions/investment/noaction/2013/morganstanley071013-17d.htm Morgan Stanley Mortgage Securities Trust (July 8, 2013) morganstanley071013-17d.htm No-Action Letter Tue, 16 Jul 2013 13:45 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-07.pdf The SEC’s Division of Investment Management issued seven no-action letters to approximately 30 named closed-end funds. imannouncements/im-info-2013-07 Information Update Fri, 12 Jul 2013 14:15 EDT http://www.sec.gov/divisions/investment/noaction/2013/goldman-sachs-062013-iarule204-3.htm Goldman, Sachs and Co. (June 20, 2013) goldman-sachs-062013-iarule204-3 No-Action Letter Tue, 25 Jun 2013 12:45 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-06.pdf The SEC’s Division of Investment Management launched a new web page on the SEC website devoted to money market funds. imannouncements/im-info-2013-06 Information Update Tue, 18 Jun 2013 14:45:05 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-05.pdf Form 13F – Filing of New Online Form with XML Information Table to Begin May 20 imannouncements/im-info-2013-05 Information Update Wed, 12 Jun 2013 15:40:05 EDT http://www.sec.gov/divisions/investment/noaction/2013/cref-reconsideration052313-14a8.pdf Request for Consideration of the Steve Tamari Shareholder Proposal (College Retirement Equities Fund) cref-reconsideration052313-14a8 No-Action Letter Thu, 30 May 2013 14:30 EDT http://www.sec.gov/divisions/investment/noaction/2013/sharon-fox-shareholder-letter-cref-050113-14a8.pdf Sandra M. Fox Shareholder Proposal (College Retirement Equities Fund) sharon-fox-shareholder-letter-cref-050113-14a8 No-Action Letter Thu, 30 May 2013 14:30 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-04.pdf Form 13F – Filing of New Online Form with XML Information Table to Begin May 20 imannouncements/im-info-2013-04 Information Update Fri, 17 May 2013 17:00 EDT http://www.sec.gov/divisions/investment/noaction/2013/steve-tamari-shareholder-letter-cref-050113-14a8.pdf Steve Tamari Shareholder Proposal (College Retirement Equities Fund) steve-tamari-shareholder-letter-cref-050113-14a8 No-Action Letter Fri, 10 May 2013 17:10 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-2013-02.pdf Compliance with Exemptive Orders im-guidance-2013-02 Guidance Update Fri, 10 May 2013 11:15 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-2013-03.pdf Updates to Frequently Asked Questions About Form 13f im-info-2013-03 Information Update Fri, 10 May 2013 11:00 EDT http://www.sec.gov/divisions/investment/imannouncements/im-info-update-improved13f.pdf Improvements to Form 13f im-info-update-improved13f Information Update Wed, 24 Apr 2013 14:00 EDT http://www.sec.gov/rules/final/2013/34-69359.pdf Final Rules and Guidelines to Require Certain Regulated Entities to Establish Programs to Address Risks of Identity Theft 34-69359 Rule Wed, 10 Apr 2013 12:00 EDT http://www.sec.gov/divisions/investment/noaction/2013/copley-fund-040513-22c1.pdf Copley Fund No Action Letter copley-fund-040513-22c1 No-Action Letter Fri, 5 Apr 2013 13:15 EDT http://www.sec.gov/divisions/investment/guidance/im-guidance-update-filing-requirements-for-certain-electronic-communications.pdf Filing Requirements for Certain Electronic Communications im-guidance-update-filing-requirements-for-certain-electronic-communications Guidance Update Fri, 15 Mar 2013 11:30 EDT