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News October 17, 2016 Issue

SEC Adopts Final Liquidity Risk Management and Related Rules with Changes

The SEC adopted its final liquidity risk management rule, along with related rules and amendments, on October 13. While the final rule has some significant changes from the proposed version such as reducing the number of liquidity classifications from six to four it will still have a significant effect on how mutual funds and other open-end management funds conduct business.

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