SEC Emergency Relief in Light of COVID-19: An Overview for Fund Directors
May 1

The Securities and Exchange Commission (SEC) has issued several orders providing temporary relief to registered investment companies affected by the COVID-19 pandemic. The SEC’s Division of Investment Management also has issued no-action letters and guidance that are relevant to investment companies.

This webinar summarized the various forms of SEC relief and discussed the implications for funds and their boards. Topics included:

  • Exemptive relief from in-person board meeting requirement
  • Temporary additional funding flexibility
  • Guidance for conducting shareholder meetings



Paul Cellupica
Deputy Director and Chief Counsel
Division of Investment Management
US Securities and Exchange Commission

Dorothy Donohue
Deputy General Counsel
Securities Regulation
Investment Company Institute

Bruce Leto
Stradley Ronon

This webinar was for fund directors and members of ICI member funds only.

If you have any questions, please contact the ICI Conference Division at 202-326-5968 or conferences@ici.org.