FYI: FAQs Issued Addressing New Fund Reporting Requirements

FYI: The Division of Investment Management has posted 40 FAQs in response to questions about the new fund reporting requirements, such as Form N-PORT, Form N-CEN, liquidity program reporting, derivatives reporting, securities lending disclosures and Reg S-X financial statement changes. Every fund would be wise to review the FAQs now and as updated in the future, for guidance pertinent to their filing situation given that these changes can be complex, technical and potentially confusing, especially as to the compliance dates and filing deadlines, which in some cases have already phased in and in other cases have been delayed by amendment.

IC Reporting Modernization FAQs:

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