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SEC Reaffirms and Expands Prior No-Action Relief for Registered Funds and Business Development Companies Participating in TALF...

On May 27, 2020, the Securities and Exchange Commission’s (SEC) Division of Investment Management (Division) issued a no-action letter (the Letter) that confirmed that registered open-end and closed-end investment companies...more

March 31, 2020 SEC Grants Emergency Liquidity Relief To Mutual Funds In Light Of COVID-19

On March 26, 2020, the Securities and Exchange Commission (SEC) issued No-Action Relief that allows an affiliated person of an open-ended investment company other than a money market fund or an exchange-traded fund to...more

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