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Investment Management Update - June 2020

SEC Grants Additional COVID-19 Relief to Business Development Companies - On April 8, the SEC issued an order granting relief to business development companies (BDCs) by permitting BDCs to issue and sell senior securities...more

SEC Chairman Encourages Companies to Disclose Funding Needs, Including Participation in Federal Emergency Funding Programs

Many companies are facing potential funding issues as a result of the coronavirus (COVID-19) epidemic. Investors want to know if the companies they invest in are planning to raise capital, including through participation in...more

COVID-19 Disruptions Prompt Relief From Certain Public Company Reporting Deadlines - Updated March 25

The U.S. Securities and Exchange Commission (SEC) initially announced on March 4 that it is providing conditional regulatory and time-limited relief from certain filing and periodic reporting obligations under the Securities...more

SEC Provides Guidance On Annual Meetings For Companies Affected By COVID-19

The Staff of the U.S. Securities and Exchange Commission (SEC) announced guidance on March 13 for public companies that have been impacted by the coronavirus disease 2019 (COVID-19) and that wish to modify the date, time or...more

Coronavirus (COVID-19) Disruptions Prompt Relief From Certain Public Company Reporting Deadlines

The U.S. Securities and Exchange Commission (SEC) announced on March 4 that it is providing conditional regulatory and time-limited relief from certain filing and periodic reporting obligations under the Securities Exchange...more

Federal Reserve Proposes Rulemaking to Simplify the Volcker Rule

The Federal Reserve Board (FRB) has taken the first step toward providing banks meaningful relief from the Volcker Rule by soliciting public comment on a proposed rule that would simplify and streamline compliance....more

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