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Proposed Amendments by the U.S. Securities and Exchange Commission would significantly expand the scope of terms that the SEC considers materially deceptive and misleading in a registered investment company’s a fund name without a corresponding policy to invest at least 80%. ....
I. SUMMARY - On 25 May 2022, the U.S. Securities and Exchange Commission (the SEC) proposed amendments (the Proposed Amendments) to Rule 35d-1 (the Names Rule) under the Investment. ....