Federal Register #OMB Control No. 3235-0737

SEC Notice: Extension of Rule 22e-4 Information Collection Requirements

This notice from the Securities and Exchange Commission (SEC) addresses the extension of information collection requirements under Rule 22e-4 of the Investment Company Act of 1940. - Government Buyer: - Securities and Exchange Commission (SEC) - Office location: 100 F Street NE, Washington, DC 20549 - No OEMs or commercial vendors are mentioned, as this is not a procurement action. - Products/Services Requested: - No products or services are being procured. - The notice concerns regulatory information collection for open-end funds and ETFs. - Key Requirements: - Open-end funds and ETFs must maintain written liquidity risk management programs. - Programs must include policies for assessing and managing liquidity risk, periodic reviews, portfolio investment classification, minimum highly liquid investment requirements, limits on illiquid investments, and procedures for redemptions in kind. - The SEC estimates annual compliance burden hours and costs. - Public comment is invited on the necessity, accuracy, and burden of the information collection. - No part numbers, quantities, or procurement-specific requirements are listed. - The notice is focused on regulatory compliance, not acquisition of goods or services.

Description

This notice from the Securities and Exchange Commission announces the submission for Office of Management and Budget (OMB) review of the extension of Rule 22e-4 under the Investment Company Act of 1940. Rule 22e-4 requires open-end funds and exchange-traded funds to establish liquidity risk management programs to assess and manage liquidity risks, including policies on highly liquid investments and redemptions in kind. The notice details the estimated burden hours and costs associated with compliance and invites public comment on the information collection requirements.

View original listing