In the wake of the global financial crisis, a few countries have made some efforts at deregulation. However, by and large, both the number and complexity of regulations, and the associated reporting requirements for asset managers continue to mushroom globally. For example, in the US, the mutual fund industry was only able to elicit several postponements in N-PORT reporting as part of the Investment Reporting Modernisation Act. Starting in April 2019, mutual funds and certain exchange-traded-funds (ETFs) must begin to file their N-Port report with the US Securities and Exchange Commission (SEC).
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