SEC Adopts New Rule 12d1-4 Overhauling Fund of Funds Arrangements--Are You Ready?
By EsqSocial Corporation 27/10/20
I. EXECUTIVE SUMMARY - On 7 October 2020, the Securities and Exchange Commission (the SEC) adopted new rule 12d1-4 (Rule 12d1-4) and related amendments under the Investment Company Act of 1940 (the 1940 Act) that it believes will streamline and enhance the regulatory framework applicable to fund of funds arrangements....
By: K&L Gates LLP