SEC orders monthly portfolio disclosures for US funds
The Securities and Exchange Commission (SEC) has introduced new regulations requiring fund managers to disclose their investment holdings on a monthly basis, replacing the current quarterly reporting schedule.
Luxembourg, Netherlands reap SPAC benefit after US downturn
European financial centres are competing to benefit from rapid growth in SPAC investment vehicles on this side of the Atlantic after they came under regulatory fire in the United States. The Netherland’s Euronext leads in numbers, but Luxembourg attracts those with particular tax needs.