SEC Adopts Reforms for Money Market Funds
On July 23, 2014, the Securities and Exchange Commission (the “SEC”) voted three-to-two to adopt significant new reforms for money market funds (“MMFs”) (the “Final Rule”). The reforms are intended to...
View ArticleBDC Master Feeder Funds on the Horizon – No-Action Relief Granted to One Issuer
The staff of the SEC’s Division of Investment Management said that it would not recommend enforcement action if a business development company (BDC) reorganizes into a master-feeder structure. The...
View ArticleCross Border Master-Feeder Arrangements: SEC Staff Slightly Expands Utility...
On March 8, 2017, the staff of the Securities and Exchange Commission (“SEC”) granted no-action relief that potentially will permit global investment management firms to offer U.S. registered open-end...
View Article
More Pages to Explore .....
