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
Related
Employers are now required to comply with the civil provisions of Minnesota’s Wage Theft Statute, w...
Read More >
In today’s world — where social media has become a source of news for many — companies and indivi...
Read More >
The U.S. Department of Labor (DOL) has increased the salary threshold for employees to be considered...
Read More >
Employees and job applicants in New Jersey who are lawful medical cannabis users can hold their head...
Read More >
If not immune to surprise at this point in 2020, that might be the appropriate feeling at the appare...
Read More >
In light of a landmark decision from France’s highest court, acquiring companies will have to give ...
Read More >