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Securities and Exchange Commission Proposes Broader Fund Cross Trading
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The SEC proposed amendments to Rule 17a-7 to restore most fixed-income cross trades for registered funds, modernize pricing and oversight, and require aggregated reporting. The comment period will be open for 60 days after publication. Material Details #DetailAI Analyst View1SEC proposes Rule 17a-7 amendmentsRegulatory changes can shift fund trading costs, liquidity, and pricing dynamics.2Restores most fixed-income cross tradesCould reduce bid/ask costs for bond funds…