Funds-Axis provides fully automated investment compliance for ‘40 Act funds, with no fuss. This is kept fully up-to-date including for SEC proposals on Asset Segregation and Liquidity Monitoring.
Installed or Web-based (SAAS, secure FTP) – no internal technology requirements
Just upload holding file (simple file format) and press “GO”
Rules are pre-coded
View results, manage exceptions and run tailored reports
Can be available in just days
Funds-Axis comprehensive guide to 1940 Act Investment Rules
The US Securities and Exchange Commission’s (SEC) proposed Rule 18f-4 would impose new overall portfolio limits on the leverage that can be achieved through the use of derivatives and so-called “financial commitment transactions,” while also modifying the asset segregation requirements that apply.
On October 13, 2016, a unanimous US SEC adopted far reaching rules intended to address mutual fund liquidity risks.
Rule 22e-4 would require mutual funds to establish liquidity risk management programs.
