{"abstract":"The Securities and Exchange Commission (\"Commission\") is adopting amendments to rules under the Investment Company Act of 1940 to require investment companies (\"funds\") that rely on certain exemptive rules to adopt certain governance practices. The amendments are designed to enhance the independence and effectiveness of fund boards and to improve their ability to protect the interests of the funds and fund shareholders they serve.","action":"Final rule.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2004/08/02/04-17460.html","cfr_references":[{"chapter":null,"citation_url":null,"part":270,"title":17}],"citation":"69 FR 46378","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: September 7, 2004.","disposition_notes":null,"docket_ids":["Release No. IC-26520","File No. S7-03-04"],"dockets":[],"document_number":"04-17460","effective_on":"2004-09-07","end_page":46393,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2004/08/02/04-17460.xml","html_url":"https://www.federalregister.gov/documents/2004/08/02/04-17460/investment-company-governance","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/04-17460?publication_date=2004-08-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2004-08-02/04-17460/mods.xml","not_received_for_publication":null,"page_length":16,"page_views":{"count":897,"last_updated":"2026-08-25 04:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2004-08-02/pdf/04-17460.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2004-08-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2004/08/02/04-17460.txt","regulation_id_number_info":{"3235-AJ05":{"issue":"200404","html_url":"https://www.federalregister.gov/regulations/3235-AJ05/enhanced-governance-standards-for-investment-companies","title":"Enhanced Governance Standards for Investment Companies","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200404&RIN=3235-AJ05&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AJ05"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T12:48:15Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":46378,"subtype":null,"title":"Investment Company Governance","toc_doc":"Investment company governance practices","toc_subject":"Investment companies:","topics":["Investment companies","Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":69}