{"id":"AGY-FED-FINANCIAL-055","kind":"order","level":"federal","jurisdiction":"United States; Securities and Exchange Commission (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Securities and Exchange Commission","authority":"15 U.S.C. § 80a-6(c)","instrument":"Investment Company Act Release No. 33821, Order Under Sections 6(c), 12(d)(1)(J), 17(b), 17(d) and 38(a) of the Investment Company Act of 1940 Granting Exemptions from Specified Provisions","title":"Conditional Exemptive Order: SEC Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus","dateIssued":"2020-03-23","effective":"2020-03-23","end":"2021-04-30 (terminated by the Division of Investment Management\u0027s notice of April 15, 2021, Ex. 065)","startDate":"2020-03-23","endDate":"2021-04-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2"],"types":["OTHER"],"addressees":["registered open-end management investment companies other than money market funds","insurance company separate accounts registered as unit investment trusts","their affiliates"],"clause":"[The order provides] temporary flexibility to obtain short-term funding to (1) registered open-end management investment companies other than money market funds and (2) insurance company separate accounts registered as unit investment trusts [by permitting interfund lending, borrowing from affiliates and deviations from fundamental borrowing policies, subject to board approval and notice to the Commission].","enforcement":"Conditional exemption from 15 U.S.C. §§ 80a-12, 80a-17, 80a-18","functions":["WM fund liquidity management","OP","CB shareholders"],"notes":"In force for thirteen months; the termination notice (Ex. 065) fixes the end date","sourceUrl":"https://www.sec.gov/files/rules/other/2020/ic-33821.pdf","snapshot":"","fileExists":true,"fileBytes":171315,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-055","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-055","citation":"Securities and Exchange Commission, Investment Company Act Release No. 33821, Order Under Sections 6(c), 12(d)(1)(J), 17(b), 17(d) and 38(a) of the Investment Company Act of 1940 Granting Exemptions from Specified Provisions (Mar. 23, 2020) (Ex. AGY-FED-FINANCIAL-055)","stateName":"","related":["AGY-FED-FINANCIAL-056","AGY-FED-FINANCIAL-059","AGY-FED-FINANCIAL-060","AGY-FED-FINANCIAL-054","AGY-FED-FINANCIAL-051","AGY-FED-FINANCIAL-052","AGY-FED-FINANCIAL-057","AGY-FED-FINANCIAL-058","AGY-FED-FINANCIAL-064","AGY-FED-FINANCIAL-050","AGY-FED-FINANCIAL-061","AGY-FED-FINANCIAL-062"]}