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bworldonline.com - 6 month ago

SEC eases SBG investment limits for equity and multi-asset funds

THE Securities and Exchange Commission (SEC) has eased the single business group (SBG) investment limit for equity funds, balanced funds, and multi-asset funds exposed to equity securities, following requests from fund managers.  The corporate regulator issued Memorandum Circular (MC) No. 2 on March 28, which provides exemptions to the SBG limit imposed by MC No. [ ]


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