The U.S. Securities and Exchange Commission announced a six-month extension to the compliance dates for amendments to the Investment Company Act “Names Rule” adopted in September 2023, which is intended to address fund names that could mislead investors about a fund’s investments and risks. For larger fund groups, the compliance date moves from 11 December 2025 to 11 June 2026. For smaller fund groups, the compliance date moves from 11 June 2026 to 11 December 2026. The SEC said the extension is intended to give funds additional time to implement the amendments, finalize compliance systems, and test compliance plans, while aligning the revised dates with certain fiscal year-end annual disclosure and reporting obligations to help funds avoid additional operational compliance costs.
U.S. Securities & Exchange Commission 2025-03-14
U.S. Securities and Exchange Commission extends compliance dates for amended Investment Company Names Rule
The U.S. Securities and Exchange Commission extended the compliance dates for amendments to the Investment Company Act "Names Rule" by six months. Larger fund groups now have until 11 June 2026, and smaller groups until 11 December 2026, to comply. The extension aims to provide funds with additional time to implement changes and align with fiscal year-end reporting obligations.