Client Alerts
Disclosure Requirements Proposed for Investment Company Portfolio Managers
April 14, 2004
By Investment Management Practice Group
The Securities and Exchange Commission has proposed amendments to the registration statement forms for mutual funds and closed-end funds that would require increased disclosure regarding their portfolio managers. The SEC has also proposed similar disclosure requirements for inclusion in closed-end fund annual reports on Form N-CSR and Form N-3, the registration form for insurance company managed separate accounts that issue variable annuity contracts.