March 24, 2020 / 1:57 AM / 16 days ago

BRIEF-U.S. SEC Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus

March 23 (Reuters) - U.S. Securities and Exchange Commission:

* U.S. SEC SAYS PROVIDES TEMPORARY ADDITIONAL FLEXIBILITY TO REGISTERED INVESTMENT COMPANIES AFFECTED BY CORONAVIRUS

* SEC SAYS RELIEF IS DESIGNED TO PROVIDE FUNDS WITH ADDITIONAL TOOLS TO MANAGE THEIR PORTFOLIOS FOR THE BENEFIT OF ALL SHAREHOLDERS

* SEC SAYS PERMITS FUNDS TO USE ADDITIONAL FUNDING AND OTHER TOOLS TO MANAGE THEIR PORTFOLIOS FOR THE BENEFIT OF INVESTORS Source text: bit.ly/2JbEQvW

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