SEC Adopts Rule Providing New Regulatory Framework For Fund-Of-Funds
By EsqSocial Corporation 22/10/20
In the News. The Securities and Exchange Commission (SEC) announced that it adopted Rule 12d1-4 under the Investment Company Act of 1940 (the 1940 Act), providing a new regulatory framework for fund-of-funds and final amendments to certain auditor independence requirements; the Consumer Financial Protection Bureau (CFPB) issued a final rule extending the Government-Sponsored Enterprise (GSE) Patch and provided clarification around RESPA marketing service agreements; the Federal Deposit Insurance...
By: Goodwin