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USA - December 5 2012
On December 4, 2012, the Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight issued no-action relief from commodity pool operator registration requirements for advisers of business development companies.
USA - July 2 2012
Business Development Companies (BDCs) and Small Business Investment Companies (SBICs) are an increasingly important source of financing for privately held small and middle-market companies.
USA - March 27 2012
The U.S. Senate Committee on Small Business and Entrepreneurship (the Committee) held a roundtable on March 22 entitled "A Spotlight on Small Business Investment Companies (SBIC) and Their Role in the Entrepreneurship Ecosystem."
USA - October 17 2011
The Securities and Exchange Commission (the SEC) has issued a concept release (the Release) to request comments on Section 3(c)(5)(C) under the Investment Company Act of 1940, as amended (the 1940 Act).
USA - July 22 2011
In response to the Congressional directives contained in Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd Frank Act”), the U.S. Securities and Exchange Commission (“SEC” or “Commission”) adopted new rules and rule amendments under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), which will require advisers to hedge funds and other private funds to register with the SEC
