On December 3, 2020, the Securities and Exchange Commission (the SEC) adopted new rule 2a-5 (Rule 2a-5) under the Investment Company Act of 1940, as amended (the 1940 Act), which establishes a framework for fund valuation...more
On October 28, 2020, the U.S. Securities and Exchange Commission (the SEC) voted 3-2 to adopt Rule 18f-4 (the Final Rule) under the Investment Company Act of 1940 (the 1940 Act), which establishes a comprehensive framework...more
11/17/2020
/ Amended Rules ,
Business Development Companies ,
Closed-End Funds ,
Corporate Governance ,
Derivatives ,
ETFs ,
Final Rules ,
Investment Company Act of 1940 ,
Investment Funds ,
Mutual Funds ,
Repurchase Agreements ,
Risk Management ,
Rule 18f-4 ,
Securities and Exchange Commission (SEC)
On April 21, 2020, the Securities and Exchange Commission (SEC) announced the proposal of new Rule 2a-5 (the Proposed Rule) under the Investment Company Act of 1940, as amended (the 1940 Act), that would establish a framework...more