On May 5, 2023, the U.S. Securities & Exchange Commission filed its first enforcement complaint under Rule 22e-4 of the Investment Company Act of 1940, 17 C.F.R. ยง 270.22e-4 (the Liquidity Rule). The complaint was brought...more
5/11/2023
/ Enforcement Actions ,
Investment Adviser ,
Investment Company Act of 1940 ,
Investment Funds ,
Liquidity ,
Liquidity Risk Management Rule ,
Open-Ended Fund Companies (OFCs) ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Violations
On October 7, 2020, the Securities and Exchange Commission (the "SEC") adopted Rule 12d1-4 under (the "Rule") the Investment Company Act of 1940 (the "1940 Act") and related amendments designed to put in place a comprehensive...more
10/21/2020
/ Business Development Companies ,
Closed-End Funds ,
ETFs ,
ETMFs ,
Exemptive Relief ,
Form N-CEN ,
Fund of Funds ,
Insurance Contracts ,
Investment Adviser ,
Investment Company Act of 1940 ,
Investment Management ,
Investment Trust Companies ,
Liquidity ,
Open-Ended Fund Companies (OFCs) ,
Registered Funds ,
Regulatory Requirements ,
Risk Management ,
Rule 12d1-4 ,
Securities and Exchange Commission (SEC) ,
Voting Securities