{"id":"AGY-FED-FINANCIAL-065","kind":"context","level":"federal","jurisdiction":"United States; Securities and Exchange Commission, Division of Investment Management (federal staff notice)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"SEC Division of Investment Management","authority":"Termination mechanism specified in Release No. IC-33821","instrument":"Division of Investment Management Staff Statement Regarding Termination Notice for Exemptive Relief and Withdrawal of Staff Letters Related to COVID-19 Response","title":"Division of Investment Management Staff Statement Regarding Termination Notice for Exemptive Relief and Withdrawal of Staff Letters Related to COVID-19 Response","dateIssued":"2021-04-15","effective":"2021-04-30 (termination effective date)","end":"n/a","startDate":"2021-04-30","endDate":"2021-06-30","quarters":["2021Q2"],"types":["OTHER"],"addressees":["registered open-end funds","insurance company separate accounts","affiliated purchasers under the withdrawn staff letters"],"clause":"On March 23, 2020, the Securities and Exchange Commission (the \u0027Commission\u0027) issued a conditional exemptive order (the \u0027order\u0027) providing 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.... The staff hereby is providing notice that the relief provided in the order will terminate, and that the two letters will be withdrawn, effective April 30, 2021.","enforcement":"Terminates the exemption; the underlying prohibitions of 15 U.S.C. §§ 80a-12, 80a-17, 80a-18 resume","functions":["WM fund liquidity","OP"],"notes":"Fixes the end of IC-33821 at April 30, 2021 and, by its silence, confirms that the in-person board relief (Ex. 064) was not terminated by this notice","sourceUrl":"https://www.sec.gov/investment/staff-statement-im-covid-19-relief-termination","snapshot":"","fileExists":true,"fileBytes":210625,"grade":"primary","character":"context","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-065","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-065","citation":"SEC Division of Investment Management, Division of Investment Management Staff Statement Regarding Termination Notice for Exemptive Relief and Withdrawal of Staff Letters Related to COVID-19 Response (Apr. 15, 2021) (Ex. AGY-FED-FINANCIAL-065)","stateName":"","related":[]}