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10 Things...to focus on in new fund of funds rule

11/18/2020

The Securities and Exchange Commission recently adopted a new rule governing fund-of-funds arrangements. Rule 12d1-4 allows registered investment companies and business development companies to acquire shares of any other investment company or BDC in excess of the limitations currently imposed under the Investment Company Act of 1940 without obtaining individual exemptive ... Log in to view full article.

 


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