JD Supra

SEC proposes amendments to AFFE and advertisements: What this means for BDCs and the potential for a return to indexes

On August 5, 2020, the Securities and Exchange Commission (SEC) announced proposed modifications (the Proposed Rule) 1 to the disclosure framework for mutual funds and exchange-traded funds (ETFs) ...
Reuters

Lawmakers join BDCs' push for AFFE exemption

NEW YORK, March 9 (LPC) - A bipartisan group of lawmakers joined the fight to exempt business development companies (BDC) from Acquired Fund Fees and Expenses (AFFE) restrictions that stakeholders ...
JD Supra

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

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 related amendments to streamline and enhance the ...
Reuters

REFILE-AFFE exemption for BDCs hangs in the balance

NEW YORK, July 23 (LPC) - Participants in the business development company (BDC) sector are pondering whether the Securities and Exchange Commission (SEC) will push through with exempting the market ...