Investment Management:
Staff Guidance and Studies

• Frequently Asked Questions on Form ADV and IARD
   
• Staff Responses to Questions About the Family Office Rule (January 19, 2012)
   
• Frequently Asked Questions Regarding Mid-Sized Advisers (June 28, 2011)
   
• Staff Responses to Questions About the Pay to Play Rule (Updated as of April 28, 2011)
   
• Staff Responses to Questions About Part 2 of Form ADV (Updated as of March 18, 2011)
   
• Staff Responses to Questions about Information Filed on Form N-MFP (January 25, 2011)
   
• Money Market Fund Reporting of Portfolio Information (January 25, 2011)
   
• Staff Responses to Questions about Rule 30b1-7 and Form N-MFP (Revised: November 23, 2010)
   
• July 30, 2010 Letter to Investment Company Institute re: Derivatives-Related Disclosures by Investment Companies
   
• Staff Responses to Questions about Rule 30b1-7 and Form N-MFP (June 25, 2010)
   
• Staff Responses to Questions About Money Market Fund Reform (May 25, 2010)
   
• Staff Responses to Questions About the Custody Rule (Updated as of April 1, 2011)
   
• Frequently Asked Questions About Proxy Disclosure Enhancements Transition for Registered Investment Companies (December 23, 2009)
   
• Valuation of Portfolio Securities and other Assets Held by Registered Investment Companies — Select Bibliography of the Division of Investment Management (March 20, 2009)
   
• Division of Investment Management Responses to Frequently Asked Questions about The Reserve Fund and Money Market Funds (October 1, 2008)
   
• Registered Investment Company Use of Senior Securities — Select Bibliography (September 24, 2008)
   
• August 21, 2007 Letter to Investment Company Institute re: Funds Use of Rule 22c-2 Information for Marketing Purposes
   
• June 28, 2007 Letter to Fidelity Investments, Massachusetts Financial Services Company and OppenheimerFunds, Inc. re: Implementation of FASB Interpretation No. 48
   
• Staff Legal Bulletins
   
• Investment Management Staff No-Action Letters
   
• Staff Responses to Questions Regarding Disclosure of Fund of Funds Expenses (May 23, 2007)
   
• December 22, 2006 Letter to ICI re: Implementation of FASB Interpretation No. 48
   
• December 14, 2006 Letter to Babson Capital Management LLC re: Interpretive Guidance on Exchange Act Rule 16b-3
   
• Staff Letters Regarding Auditing Standards for Financial Statements of Insurance Company Depositors of Variable Insurance Products (March 8, 2005)
   
• October 17, 2003 Letter to the ICI re: Disclosure by Funds Investing in Government Sponsored Enterprises
   
• Implications of the Growth of Hedge Funds (September 2003)
   
• Questions and Answers Regarding the Mutual Fund Customer Identification Program Rule (31 CFR 103.131) (August 11, 2003)
   
• Staff Responses to Questions about Regulation S-P (updated January 23, 2003)
   
• November 13, 2002 Letter to ICI re: Delayed Exchange of Fund Shares
   
• Frequently Asked Questions about Rule 35d-1 (Investment Company Names) (December 4, 2001)
   
• Frequently Asked Questions About Mutual Fund After-Tax Return Requirements (January 14, 2002)
   
• 2001 Mutual Fund Fee Report (January 10, 2001)
   
• June 2001 Letter Regarding Retail Exception to Section 11
   
• December 1999 Letter to the ICI Regarding Valuation Issues
   
• October 1998 Letter to the ICI Regarding Form N-1A and Rule 498
   
• Section 13(f) Confidential Treatment Requests (June 17, 1998)
   
• May 1998 Letter to the ICI Regarding Form N-1A and Rule 498
   
• 1995 PUHCA Study (June 1995)
   
• Protecting Investors: A Half Century of Investment Company Regulation (May 1992)

http://www.sec.gov/divisions/investment/guidance.shtml