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. short sale borrowings. reverse repurchase agreements or similar financing. 43R — Loan-Backed and Structured Securities . 26R – Bonds and SSAP No.
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