On May 21, 2020, the U.S. Securities and Exchange Commission (the “SEC”) announced adoption of updates to the financial disclosure requirements of Regulation S-X and related rules applicable to the acquisition and disposition...more
6/2/2020
/ Acquisitions ,
Amended Rules ,
Asset Test ,
Business Development Companies ,
Disclosure Requirements ,
Dispositions ,
Final Rules ,
Financial Reporting ,
Income Test ,
Investment Test ,
Publicly-Traded Companies ,
Registered Investment Companies (RICs) ,
Regulation S-X ,
Securities and Exchange Commission (SEC)
Key Takeaways
- Registered closed-end funds and business development companies should reassess their distribution policies if they are in need of liquidity.
- As part of that reassessment, funds should consider paying...more
4/8/2020
/ Business Development Companies ,
Closed-End Funds ,
Coronavirus/COVID-19 ,
Distribution Rules ,
Dividends ,
Investment Funds ,
IRS ,
Liquidity ,
Relief Measures ,
Tax Deductions ,
Tax Relief