Summary - On 2 November 2022, the U.S. Securities and Exchange Commission (SEC) voted 3-2 to propose amendments (proposed amendments) to Rule 22c-1 under the Investment Company Act of 1940, as amended (1940 Act) that would...more
The Securities and Exchange Commission (“SEC”) on April 21, 2020, proposed a new rule to codify fair valuation requirements for funds registered under the Investment Company Act of 1940, as amended (“1940 Act”). ...more
On April 2, 2019, the Division of Investment Management (the “Division”) at the Securities and Exchange Commission (“SEC”) issued Accounting and Disclosure Information 2019-07 (the “ADI”), which summarizes certain of the...more