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SBIC annual recertification of Institutional Investor status

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 9 2013

On May 8, 2013, the U.S. Small Business Administration ("SBA") issued Memorandum 2013-1 regarding annual recertification of the Institutional

SBA issues SBIC TechNote 17 concerning the determination of common control of two or more SBICs

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • February 20 2013

On February 12, 2013, the SBA issued SBIC TechNote 17, which provides guidance on the criteria the SBA will consider in determining whether two or

SBA creates “fast track” SBIC licensing process for repeat funds

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 11 2009

On November 2, 2009, the Small Business Administration’s ("SBA") Office of Investment released TechNote 14 ("Fast Track Process for Small Business Investment Companies Seeking a Subsequent License"), which implements an expedited review process for evaluation and approval of Small Business Investment Company ("SBIC") license applications for applicants operated by managers of current SBICs

Track 2 deadline for new SBIC program for early stage investments is June 19, 2012

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • June 4 2012

On May 1, 2012, the U.S. Small Business Administration (SBA) released a Federal Register Call Notice inviting fund managers to submit preliminary materials, in the form of the Management Assessment Questionnaire (MAQ), for consideration by the SBA to be licensed as part of the new Early Stage Small Business Investment Company (SBIC) program

Website “spoofing”: a new threat for financial services firms

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • October 6 2009

Picture this: You’re the Managing Director of a successful mid-market private equity group

The SBA issues instructions for pre-screening prospective applicants to the SBIC program

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 4 2013

The U.S. Small Business Administration (the "SBA") recently issued instructions for prospective applicants to the SBIC Program regarding the process

The SBA issues new instructions for SBICs drawing leverage

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 8 2013

The U.S. Small Business Administration (the "SBA") recently issued new instructions governing the draw request (a "Draw Request") that small business

Regulatory implementation of the changes the 2009 stimulus bill made to the SBIC program

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 16 2009

The American Recovery and Reinvestment Act of 2009 ("ARRA"), signed into law by President Obama on February 17, 2009, contains significant revisions to the Small Business Investment Act of 1958 (the "Act"), which governs Small Business Investment Companies ("SBICs"

Institutional investor status recertification

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 17 2011

On May 16, 2011, the SBA issued Memorandum 2011-1 regarding annual recertification of SBIC Institutional Investors

SEC adopts final rules implementing the Dodd-Frank Act

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • June 30 2011

On June 22, 2011, the Securities and Exchange Commission adopted final rules and rule amendments under the Investment Advisers Act of 1940 to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act