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IDC Statement on SEC Swing Pricing Proposal

IDC and fund independent directors, on behalf of the shareholders they represent, are deeply concerned about the negative consequences of the SEC’s hard close, mandatory swing pricing, and liquidity proposal.

Latest News

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News Release

IDC Statement on SEC Swing Pricing Proposal

IDC Managing Director Thomas Kim released the following statement regarding the Securities and...
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Comment Letter

IDC Comment Letter on Open-End Fund Liquidity Risk Management Programs and Swing Pricing (pdf)

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Comment Letter

IDC Comment Letter on SEC's Rule Proposal on Outsourcing by Investment Advisers (pdf)

About IDC

The Independent Directors Council (IDC) represents independent directors and trustees who serve on the boards of mutual funds, closed-end funds, exchange-traded funds and other registered investment companies. IDC’s activities and advocacy promote excellence in fund governance for the benefit of shareholders.

Resources for Directors

IDC has compiled a repository for directors with information that will help them oversee their funds and serve their shareholders.