Proposed Rule
Custody of Investment Company Assets Outside the United States
Overview
The Commission is proposing rule amendments and a new rule under the Investment Company Act to address the custody of investment company assets outside the United States. The amendments and new rule would establish new standards governing the maintenance of an investment company's assets with a foreign securities depository. The proposals are designed to provide a workable framework under which an investment company can protect its assets while maintaining them with a foreign securities depository.
Resources
Details
Public Comments Due
July 15, 1999
File Number
S7-15-99
Rule Type
Proposed
Release Number
IC-23815
SEC Issue Date
April 30, 1999
Federal Register Publish Date
May 6, 1999
Document Citation
64 FR 24489
RIN
3235-AH55
Public Comments