We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Results 1 to 5 of 10
Most popular |Most recent


And now for some good newsSEC no-action position provides limited relief for fund in-person voting requirements

USA - March 14 2019 On February 28, 2019, the Chief Counsel’s Office of the Securities and Exchange Commission’s Division of Investment Management issued a...

Cynthia R. Beyea, Payam Siadatpour, Ronald D. Coenen, Jr., Terri G. Jordan, Stephani M. Hildebrandt, Stephen E. Roth, Adam W. Park, R. Christian Walker, Cynthia M. Krus, Steven B. Boehm.


SEC proposes to expand “testing-the-waters” provisions to all issuers

USA - February 25 2019 On February 19, 2019, the Securities and Exchange Commission (SEC) announced a proposal to expand the “testing-the-waters” exemption to all issuers...

Cynthia R. Beyea, Payam Siadatpour, Terri G. Jordan, Stephani M. Hildebrandt, R. Christian Walker, Dwaune L. Dupree, Cynthia M. Krus, Steven B. Boehm.


Fund of funds flexibility - What’s important to BDCs and closed-end funds in the SEC’s rule proposal, including a request for comments on AFFE

USA - January 14 2019 On December 19, 2018, the US Securities and Exchange Commission (SEC) issued a release (the Release) proposing new rule 12d1-4 (the Proposed Rule) and...

Cynthia R. Beyea, Payam Siadatpour, Ronald D. Coenen, Jr., Terri G. Jordan, Stephani M. Hildebrandt, Patricia C. Buxton, Frederick R. Bellamy, Cynthia M. Krus, Steven B. Boehm.


SEC operating status during the government shutdown

USA - January 2 2019 The US Securities and Exchange Commission (SEC) will follow its Operations Plan Under a Lapse in Appropriations and Government Shutdown (the...

Cynthia R. Beyea, Payam Siadatpour, Stephani M. Hildebrandt, R. Christian Walker, Dwaune L. Dupree, Cynthia M. Krus, Brian L. Rubin, Steven B. Boehm.


Legal alert: SEC staff states that IRS form 1099-DIV cannot be used to satisfy the requirements of Section 19(a) of the Investment Company Act of 1940

USA - September 13 2018 Section 19(a) of the Investment Company Act of 1940 (the 1940 Act) generally prohibits a business development company (BDC) or a registered...

Cynthia R. Beyea, Payam Siadatpour, David A. Roby, Jr., Stephani M. Hildebrandt, Stephen E. Roth, Cynthia M. Krus, Steven B. Boehm.