George M. Silfen
Kramer Levin Naftalis & Frankel LLP
Articles
SEC Adopts Rule Modifying Fund Valuation Oversight Practices
USA - December 7 2020 On Dec. 3, the Securities and Exchange Commission (SEC) adopted a new rule (Rule 2a-5) under the Investment Company Act of 1940 (the 1940 Act) that...
SEC Updates ‘Fund of Funds’ Rules for Registered Investment Companies, Business Development Companies
USA - November 2 2020 The Securities and Exchange Commission (SEC) recently overhauled the rules applicable to “fund of funds” arrangements (where funds invest in other...
SEC Adopts New Rules Regarding Use of Derivatives by Registered Investment Companies and Business Development Companies
USA - October 28 2020 On Oct. 28, 2020, the Securities and Exchange Commission (SEC) voted to adopt a new rule (Rule 18f-4) and other related amendments, significantly...
SEC Streamlines Procedures for Exemptive Applications Under the Investment Company Act of 1940
USA - July 14 2020 On July 6, the Securities and Exchange Commission (SEC or Commission) announced its long-awaited adoption of amendments (the Amendments) to Rule 0-5...
SEC Releases Risk Alert on Observations From Examinations of Investment Advisers Managing Private Funds
USA - July 8 2020 On June 23, the SEC’s Office of Compliance Inspections and Examinations (OCIE) released a risk alert (the Risk Alert) that identified three general...
