4 Jun 2025
📈SEC Proposed Rule 139b
Proposed Collection; Comment Request; Extension: Rule 139b
Summary
The SEC is soliciting comments on the proposed extension of Rule 139b, which provides a safe harbor for broker-dealers publishing research reports on covered investment funds. It requires standardized performance disclosures aimed at reducing investor confusion. The process may elevate compliance costs for involved broker-dealers, impacting their operational practices.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulation outlines compliance requirements for broker-dealers under Rule 139b regarding publishing performance information in investment fund research reports. This necessitates operational adjustments, which can raise compliance costs for businesses involved in securities distribution.