The COVID Project
Context, not an orderThis record is guidance or an announcement kept for context. It is not counted among the orders in force.
The record
- Jurisdiction
- United States; Securities and Exchange Commission, Division of Investment Management (federal staff notice)
- Level
- Federal
- Authority
- Termination mechanism specified in Release No. IC-33821
- Issued
- 2021-04-15 Apr. 15, 2021
- Effective
- 2021-04-30 (termination effective date) (read as 2021-04-30)
- End
- n/a (read as 2021-06-30)
- In force
- Apr. 30, 2021 to June 30, 2021
- Quarters
- 2021 Q2
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- registered open-end funds
- insurance company separate accounts
- affiliated purchasers under the withdrawn staff letters
- Functions reached
- Character
- context
- Collection
- Federal financial regulators AGY-FED-FINANCIAL
Operative words
On March 23, 2020, the Securities and Exchange Commission (the 'Commission') issued a conditional exemptive order (the 'order') 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staff hereby is providing notice that the relief provided in the order will terminate, and that the two letters will be withdrawn, effective April 30, 2021.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
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
Retrieval noteRendered locally from the live sec.gov page.