On May 25, 2022, the Securities and Exchange Commission (“SEC”) proposed amendments to Rule 35d-1 (the “Names Rule”) under the Investment Company Act of 1940, as amended (“1940 Act”), as well as amendments to fund...more
On February 9, 2022, the Securities and Exchange Commission ("SEC") proposed new rule 38a-2 ("Proposed Rule 38a-2") under the Investment Company Act of 1940, as amended ("1940 Act"), which would require registered investment...more
2/14/2022
/ Comment Period ,
Cybersecurity ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Popular ,
Proposed Rules ,
Public Comment ,
Registered Investment Companies (RICs) ,
Regulation S-ID ,
Regulation S-P ,
Securities and Exchange Commission (SEC)
On December 3, 2020, the Securities and Exchange Commission (SEC) adopted new rule 2a-5 ("Rule 2a-5") under the Investment Company Act of 1940, as amended ("1940 Act") addressing valuation practices and the board of...more
12/15/2020
/ Fair Valuation ,
Fixed Income Investments ,
GAAP ,
Investment Company Act of 1940 ,
Money Market Funds ,
New Rules ,
No-Action Letters ,
Recordkeeping Requirements ,
Registered Investment Companies (RICs) ,
Securities and Exchange Commission (SEC) ,
Valuation
he U.S. Securities and Exchange Commission (the “SEC”) recently adopted new rules and rule and form amendments under the Investment Company Act of 1940 (the “1940 Act”) relating to, among other things, use of derivatives and...more
12/8/2020
/ Business Development Companies ,
Derivatives ,
ETFs ,
Exemptive Relief ,
Form N-CEN ,
Form N-PORT ,
Investment Company Act of 1940 ,
Investment Management ,
Leveraged Finance ,
New Rules ,
Reporting Requirements ,
Risk Management ,
Rule 18f-4 ,
Securities and Exchange Commission (SEC)
Decision Reflects Significant Market Disruptions Being Caused by the COVID-19 Pandemic -
On March 26, 2020, at the request of the Investment Company Institute (the "ICI"), the staff of the Securities and Exchange...more
The U.S. Securities and Exchange Commission (the “SEC”) re-proposed on November 25, 2019 rules under the Investment Company Act of 1940 (the “1940 Act”) relating to, among other things, use by investment companies of...more
12/9/2019
/ Business Development Companies ,
Closed-End Funds ,
Derivatives ,
ETFs ,
Form N-CEN ,
Form N-PORT ,
Investment Company Act of 1940 ,
Leveraged Finance ,
Open-Ended Fund Companies (OFCs) ,
Proposed Amendments ,
Proposed Rules ,
Public Comment ,
Rule 18f-4 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Transition Relief