SEC: Press Release·· 11 days agoAI Score48
SEC proposes expanding the range of securities eligible for cross trades by registered funds
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
AI summary
On October 9, 2026, the SEC released a proposed rule to amend Rule 17a-7 on cross trades under the Investment Company Act of 1940, restoring cross-trading permission for most fixed-income securities, while optimizing rule conditions such as pricing and oversight, and requiring registered funds engaging in cross trades to submit aggregated reports on related trading activities. The proposal will be published on SEC.gov and in the Federal Register, with a 60-day public comment period following publication.
Source:SEC: Press Release · sec.gov
U.S. Securities and Exchange Commission / SECMacro and Interest RatesRegulation and Enforcement#Regulatory Updates#SEC#Fixed Income