1 Aug 2025
📈Analysis of SEC Rule 7d-2 Affecting Canadian Retirement Accounts
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 7d-2
Summary
The SEC is soliciting comments on Rule 7d-2, which allows Canadian retirement accounts to invest in securities without U.S. registration. The rule facilitates better financial management for Canadian-U.S. Participants, enabling them to adjust investments tax-efficiently and comply with U.S. regulations regarding foreign funds.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text discusses Rule 7d-2, which impacts Canadian-U.S. Participants and allows foreign funds to bypass U.S. registration requirements when offering securities in Canadian retirement accounts. This can affect compliance costs for U.S. financial firms and provide broader investment options for individuals, thereby influencing business decisions and financial services.