April 28, 2021
The staff of the SEC’s Division of Investment Management (Staff) maintains FAQs regarding the SEC’s fund reporting modernization reforms adopted in October 2016 and revised in December 2017 and January 2019. The FAQs address compliance dates and general filing obligations, Regulation S-X and Forms N-PORT and N-CEN.
April 6, 2021
On November 2, 2020, the SEC adopted rule 18f-4 under the 1940 Act which will permit a registered investment company or business development company (fund) to enter into derivatives and certain other transactions notwithstanding the restrictions under Sections 18 and 61 of the 1940 Act, provided that the…