The state of Delaware recently amended the Delaware Statutory Trust Act to adopt a control share acquisition statute (the “Control Share Statute”) as an anti-takeover defense. Beginning on August 1, 2022, the effective date...more
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