Funds may sometimes experience operational issues during market disruptions and other business continuity challenges. A fund’s adviser and its other service providers (i.e., the custodian, transfer agent, administrator, and distributor) generally maintain business continuity plans as preparation for possible disruptions in their operations and, consequently, those of the fund.
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IDC’s memos inform directors about important regulatory, legislative, and judicial developments. IDC also comments on proposals that could affect board responsibilities or shareholder interests. See below for recent comment letters and memos on selected topics.