Non-traded business development companies (BDCs) have long sought the ability to offer and sell multiple classes of shares with different pricing and expense structures. A multi-class structure facilitates the distribution of...more
On May 3, 2019, the Securities and Exchange Commission (SEC) voted to propose rule amendments with regard to financial disclosures about acquired and disposed businesses (the “Proposal”), including amendments specific to...more
5/16/2019
/ Acquisitions ,
Business Development Companies ,
Closed-End Funds ,
Disclosure Requirements ,
Financial Reporting ,
GAAP ,
Investment Companies ,
Proposed Amendments ,
Regulation S-X ,
Required Forms ,
Securities and Exchange Commission (SEC) ,
Subsidiaries
On Wednesday, March 20, the Securities and Exchange Commission voted to propose rule amendments to implement certain provisions of the Small Business Credit Availability Act and the Economic Growth, Regulatory Relief and...more