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SEC cross-trading proposal restores Level 2 fixed income, excludes Level 3 assets
Registered closed-end funds, including interval funds, held 38% of gross investments in the excluded Level 3 or non-leveled categories as of September 2025.
portfolio · Oct 9SEC proposes expanding cross trading by registered funds
regulation · Oct 9SEC proposes expanding cross trading by registered funds to most fixed-income securities
practice · Oct 6SEC and five other regulators warn on impersonation and relationship investment scams
Filings · Oct 1SEC private-market proposals draw compliance warnings from ACA Group and STP consultants
The Close · Sep 30SEC asks whether a CFP or CPA should count as an accredited investor
portfolio · Sep 30SEC proposes performance fees in regulated funds, asks about FINRA accreditation exam
vehicles · Sep 16The SEC's proxy rollback reaches interval funds by inheritance