The Securities and Exchange Commission is seeking public comment on the use of derivatives by mutual funds over the next 60 days after publication in the Federal Register. If it determines that new regulations to protect investors are necessary, the SEC will consider passing and enforcing them.
Concerned about derivatives’ use of leverage and increased complexity, particularly in light of the 2008 financial crisis, the SEC began investigating the use of derivatives, swaps and leverage by the $13 trillion mutual fund industry in March 2010.
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