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SEC no-action letter position removes important anti-takeover device for closed-end mutual funds
  • Foley & Lardner LLP
  • USA
  • December 28 2010

SEC staff has determined that a closed-end fund that opts into the provisions of the Maryland Control Share Acquisition Act (MCSAA) acts in a manner inconsistent with the Investment Company Act


Gary DeWaal
  • Katten Muchin Rosenman LLP

Thomas O. Gorman
  • Dorsey & Whitney LLP

Peter H. Rodgers
  • Eversheds Sutherland (US) LLP

Dana G. Fitzsimons Jr
  • McGuireWoods LLP

Jessica R. Lubar
  • Venable LLP


W. Warren Hamel
  • Venable LLP

Steven D. Kittrell
  • McGuireWoods LLP

Alta M. Ray
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC