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SEC Streamlines Procedures for Exemptive Applications Under the Investment Company Act of 1940

On July 6, the Securities and Exchange Commission (SEC or Commission) announced its long-awaited adoption of amendments (the Amendments) to Rule 0-5 (17 CFR 270.0-5) under the Investment Company Act of 1940 (the 1940 Act)...more

SEC Provides Clarification on Investment Advisers’ Proxy Voting Responsibilities and the Applicability of Proxy Rules to Voting...

On Aug.  21, 2019, the Securities and Exchange Commission (the SEC) voted 3–2 to publish new guidance on the proxy voting responsibilities of investment advisers under Rule 206(4)-6 under the Investment Advisers Act of 1940...more

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