SEC Proposes Rules to Modernize and Enhance Information Reported by Investment Companies and Investment Advisers

Washington D.C., May 20, 2015 — The Securities and Exchange Commission today proposed rules, forms and amendments to modernize and enhance the reporting and disclosure of information by investment companies and investment advisers.  The new rules would enhance the quality of information available to investors and would allow the Commission to more effectively collect and use data provided by investment companies and investment advisers.