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17Jun

Significant strides: SEC adopts new “significant subsidiary” tests for investment companies and reduces financial information required for fund acquisitions

On May 21, 2020, the Securities and Exchange Commission (the SEC) adopted rule amendments that will impact the requirement of Investment Companies (as defined below) to disclose the financial statements of certain of its portfolio companies or of a...
By: Eversheds Sutherland (US) LLP
Source Url: https://www.jdsupra.com/legalnews/significant-strides-sec-adopts-new-79484/

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