Regulatory Update: NAIC Summer 2021 National Meeting
Data Matters
SEPTEMBER 20, 2021
As defined in the P&P Manual, “predominantly hold” means that a fund holds at least 80% of its assets in bonds or preferred stock, depending on the type of fund, in normal market conditions. The earliest effective date for proposed SSAP revisions is expected to be January 1, 2024. short sale borrowings. 26R – Bonds and SSAP No.
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