SEC proposes new fund liquidity rules on redemption fears

Regulators fear rush to the exit

Laura Dew
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The US Securities and Exchange Commission has voted to develop new rules to help funds manage liquidity risk, ensuring money is returned to investors quickly if they rush to redeem their holdings.

Five commissioners of the SEC voted unanimously on rules to improve disclosure standards for mutual funds and exchange traded funds to ensure they can manage liquidity risk, according to the Financial...

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