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SEC RIN: 3235-AL60 Publication ID: Spring 2021 
Title: Use of Derivatives by Registered Investment Companies and Business Development Companies 
Abstract:

The Commission adopted a new rule designed to enhance the regulation of the use of derivatives by registered investment companies, including mutual funds, exchange-traded funds, closed-end funds, and business development companies. 

 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 17 CFR 270.6c-11    17 CFR 270.18f-4    17 CFR 270.22e-4    17 CFR 270.30b1-10    17 CFR 274.223   
Legal Authority: 15 U.S.C. 80a-6(c)    15 U.S.C. 80a-12(a)    15 U.S.C. 80a-18    15 U.S.C. 80a-22(c)    15 U.S.C. 80a-22(e)    15 U.S.C. 80a-29    15 U.S.C. 80a-30(a)    15 U.S.C. 80a-33(b)    15 U.S.C. 80a-35    15 U.S.C. 80a-8    15 U.S.C. 80a-37    15 U.S.C. 80a-37(a)    15 U.S.C. 80a-60    15 U.S.C. 80b-6(4)    15 U.S.C. 77f    15 U.S.C. 77g(a)    15 U.S.C. 77j    15 U.S.C. 77s(a)    15 U.S.C. 77a et seq    15 U.S.C. 78j    15 U.S.C. 78m    15 U.S.C. 78o    15 U.S.C. 78w    15 U.S.C. 78ll   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/28/2015  80 FR 80884   
NPRM Comment Period End  03/28/2016 
Second NPRM  01/24/2020  85 FR 4446   
Second NPRM Comment Period End  03/04/2020 
Final Action  12/21/2020  85 FR 83162   
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Brian Johnson
Division of Investment Management
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-6740
Email: johnsonbm@sec.gov