In an Order dated March 25, 2020, the Securities and Exchange Commission extended the exemptions offered to investment companies, business development companies (BDCs) and investment advisers grappling with challenges to the...more
3/27/2020
/ Annual Reports ,
Business Development Companies ,
Coronavirus/COVID-19 ,
Exemptions ,
Filing Requirements ,
Investment Adviser ,
Investment Companies ,
Investment Funds ,
Investment Management ,
Registered Investment Companies (RICs) ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Voting Requirements
In response to the outbreak of the COVID-19 coronavirus disease, the Securities and Exchange Commission took extraordinary action to bolster liquidity for registered investment companies through at least June 30, 2020. In an...more
3/27/2020
/ Affiliates ,
Borrowers ,
Coronavirus/COVID-19 ,
Emergency Orders ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
Lenders ,
Liquidity ,
Open-Ended Fund Companies (OFCs) ,
Registered Investment Companies (RICs) ,
Securities and Exchange Commission (SEC)
Introduction -
On November 27, 2013, the Securities and Exchange Commission (“SEC”) approved a change (the “Amendment”) to FINRA’s IPO allocation rule 5131 (the “Rule”).The Amendment allows a fund-of-funds to rely on a...more
The US Commodity Futures Trading Commission (“CFTC”) has adopted widely anticipated rules regarding the application of its commodity pool operator (“CPO”) regulatory regime to CPOs of registered investment companies...more