SEC Adopts New Regulatory Framework For Fund-Of-Funds Arrangements
By EsqSocial Corporation 21/10/20
On October 7, 2020, the Securities and Exchange Commission (the "SEC") adopted Rule 12d1-4 under (the "Rule") the Investment Company Act of 1940 (the "1940 Act") and related amendments designed to put in place a comprehensive and streamlined regulatory framework for fund-of-funds arrangements. This alert provides an overview of the recently adopted Rule and related rule and form amendments....
By: Goodwin