Access to this article requires a User ID/Password.

If you are a subscriber or trial member please login using your provided credentials.

To obtain a trial membership please click HERE or contact Dan Lalor at 917-586-6726 or via email at dan.lalor@fundboardviews.com

Saba v ASA court ruling: Poison pills legal, but extending them violates '40 Act

04/07/2025

In what could be considered a victory for closed-end funds, a New York court has ruled that shareholder rights plans, or poison pills, are legal under the Investment Company Act of 1940. However, the court granted summary judgment to Saba Capital Management on its claim for rescission of ASA Gold and ... Log in to view full article.

 


Log-in

Log-in

Remember me on this computer

Forgot your password? Click here to have your password emailed to you.