X
21Oct

SEC Adopts Fund of Funds Arrangements Rule

On October 7, 2020, the US Securities and Exchange Commission (“SEC”) adopted a new rule under the Investment Company Act of 1940 (the “Investment Company Act”) with respect to fund of fund arrangements.1 New Rule 12d1-4 would permit registered investment companies to invest in other registered investment companies beyond certain statutory limits set forth in Section 12(d)(1) and without obtaining an exemptive order, provided certain conditions are met....
By: Mayer Brown Free Writings + Perspectives
Source Url: https://www.jdsupra.com/legalnews/sec-adopts-fund-of-funds-arrangements-87518/

Related

Distressed Assets Are Hitting the Market. How Can Investors Buy Wisely?

As the U.S. heads into another major economic downturn, one type of property has bubbled to the top ...

Read More >

Ohio Eighth District Court Of Appeals Reverses Enforcement Of Employment Arbitration Agreement

The Ohio Eighth District Court of Appeals reversed enforcement of an employment arbitration agreemen...

Read More >

COVID-19: Developer Claims Toolbox

COVID-19: Two Sides of the Same Coin - Introduction - Globally, the construction industry is lar...

Read More >

Lien Inception

When owners file bankruptcy or projects otherwise go south, lien priority often comes to the forefro...

Read More >

[Video] FCPA Compliance Report-Episode 498 – Jay Rosen on Changes from the Compliance Vendor Perspective

The FCPA Compliance Report is the longest running podcast in compliance, premiering on July 31, 2015...

Read More >

Financial Daily Dose 6.8.2020 | Top Story: Bureau of Labor Statistics Admits Massive Undercount of May Jobless Figures

So about those May jobs numbers . . . . The return of 2.5 million jobs in May was a welcome and larg...

Read More >