3235-AM52 202210 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Tailored Shareholder Reports, Treatment of Annual Prospectus Updates for Existing Investors, and Improved Fee and Risk Disclosure for Mutual Funds and ETFs; Fee Information in Investment Company Ads

The Division is considering recommending that the Commission adopt a new streamlined shareholder report under the Investment Company Act of 1940. The Division is also considering recommending that the Commission adopt rule and form amendments to improve and modernize certain aspects of the current disclosure framework under the Investment Company Act.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined No 17 CFR 200.1 to 200.800 17 CFR 230.156 17 CFR 230.433 17 CFR 230.482 17 CFR 230.498 17 CFR 239.23 17 CFR 239.15A and 274.11A 17 CFR 240.14a–101 17 CFR 249.331 and 274.128 17 CFR 270.30e–1 17 CFR 270.30e–3 17 CFR 270.31a–2 17 CFR 270.34b–1 ... 15 U.S.C. 77e 15 U.S.C. 77g 15 U.S.C. 77j 15 U.S.C. 77s 15 U.S.C. 78c(b) 15 U.S.C. 77f 15 U.S.C. 78j 15 U.S.C. 78m 15 U.S.C. 78n 15 U.S.C. 78o 15 U.S.C. 78mm 15 U.S.C. 80a-6 15 U.S.C. 80a-8 15 U.S.C. 80a-20 15 U.S.C. 80a-24 15 U.S.C. 80a-29 15 U.S.C. 80a-37 44 U.S.C. 3506 44 U.S.C. 3507 No NPRM 11/05/2020 85 FR 70716 NPRM Comment Period End 01/04/2021 Final Action 04/00/2023 Yes Businesses None No Yes No Michael Kosoff Division of Investment Management 3235 Securities and Exchange Commission SEC 202 551-6754 kosoffm@sec.gov 100 F Street NE, Washington DC 20549