Regulatory Update: NAIC Summer 2021 National Meeting
Data Matters
SEPTEMBER 20, 2021
Valuation of Securities (E) Task Force Adopts an Amendment to the Purposes and Procedures Manual to Add Instructions for Review of Funds. The P&P Manual currently grants the NAIC’s Securities Valuation Office (SVO) discretion when determining whether a fund’s use of derivatives is consistent with a fixed income-like security (i.e.,
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