In this issue

New Rules, Proposed Rules, Guidance and Alerts

• SEC Staff Issues Guidance on Cryptocurrency-related Holdings
• SEC Staff Issues Liquidity Risk Management Program FAQs

Public Statements, Press Releases and Testimony

• OCIE Announces 2018 Exam Priorities

Litigation and Enforcement Actions

• SEC Settles with Mutual Fund Administrator in Connection with Calculation of Inflated Net Asset Value

Legislative Developments

• House Passes Expanding Investment Opportunities Act, Which Would Ease Regulatory Requirements Applicable to Closed-End Fund Offerings
• House Committee Passes Mutual Fund Litigation Reform Act, Which Would Heighten Standards for Litigation Under Section 36(b)

Download the Regulatory Update below.