The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (Federal Banking Agencies) on December 27, 2019 provided temporary relief from...more
2/10/2020
/ Bank Holding Company ,
Banks ,
Board of Directors ,
Compliance ,
Credit Extension ,
FDIC ,
Federal Bank Regulatory Agencies ,
Federal Reserve ,
Fund Management Companies ,
Insider Information ,
Investment Adviser ,
Investment Funds ,
Loans ,
OCC ,
Portfolio Companies ,
Regulation O ,
Relief Measures ,
Voting Shares
The U.S. Securities and Exchange Commission on June 18, 2019 adopted amendments to Rule 2-01(c)(1)(ii)(A) under Regulation S-X – the so-called “Loan Provision” (Final Rule). The Final Rule will become effective on October 3,...more
7/19/2019
/ Amended Rules ,
Auditor Independence ,
Auditors ,
Beneficial Owner ,
Investment Companies ,
Loan Provision ,
Loans ,
Registered Investment Companies (RICs) ,
Regulation S-K ,
Securities and Exchange Commission (SEC) ,
Significant Influence Test
The U.S. Securities and Exchange Commission (SEC) voted unanimously on May 2, 2018 to propose amendments to Rule 2-01(c)(1)(ii)(A) under Regulation S-X – the so-called “Loan Provision” (Proposal). Generally, the Loan...more
5/17/2018
/ Affiliates ,
Auditors ,
Audits ,
Beneficial Owner ,
Compliance ,
FASB ,
Lenders ,
Loans ,
No-Action Letters ,
Proposed Rules ,
Registered Investment Companies (RICs) ,
Regulation S-X ,
Securities and Exchange Commission (SEC) ,
Significant Influence Test
The U.S. Securities and Exchange Commission’s Division of Investment Management (SEC Staff) on September 22, 2017 extended indefinitely the effectiveness of no-action relief granted a year earlier with respect to the...more
10/6/2017
/ Auditor Independence ,
Auditors ,
Investment Management ,
Loan Agreements ,
Loans ,
No-Action Relief ,
Open-Ended Fund Companies (OFCs) ,
Registered Investment Advisors ,
Registered Investment Companies (RICs) ,
Regulation S-X ,
Securities and Exchange Commission (SEC)