United States: SEC Adopts Amendments Updating The ‘Fund Of Funds' Regulatory Framework For Registered Investment Companies And Business Development Companies - Kramer Levin Naftalis & Frankel LLP

United States: SEC Adopts Amendments Updating The ‘Fund Of Funds' Regulatory Framework For Registered Investment Companies And Business Development Companies - Kramer Levin Naftalis & Frankel LLP

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On Oct. 7, 2020, the SEC voted to adopt a new rule (Rule 12d1-4), and related amendments to existing rules and forms, to enact a comprehensive regulatory framework for "fund of funds" arrangements ...

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