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Business Development Companies

Project management, leadership and planning with business people in meeting for marketing strategy, consulting and teamwork. Collaboration, growth and future with employees in office for research
This is the SEC's final rule affecting how registered funds name their funds. This was approved in 2023
Successful group of business people talking on the street
Revised rule 35d-1 would mandate a fund have a P&P mandating it invest at least 80% of its assets in accordance with its name, plus ...
SEC Chairman Gary Gensler
"Today’s adoption will modernize the Names Rule in a number of ways for today’s markets"
"As long as fund managers stick within the confines of plain English or industry usage, they have reasonable discretion to define terms in a fund’s ...
SEC Commissioner Crenshaw
"These are common sense changes that protect investors by ensuring that a fund says what it means, and means what it says"
"I am particularly concerned with the potential lack of transparency as to how the Commission’s staff will administer the rule"
SEC Commissioner Lizarraga
"The fund industry today is diverse, with more funds pursuing ESG strategies or reporting more holdings in derivatives"
Consultant giving some advice for customer at business meeting
This is the revised names rule approved by the SEC in 2023
These FAQs are directed at BDCs and mutual funds
In a new 'Information Update' from the SEC’s Division of Investment Management, the agency announces the withdrawal of nine and the modifying of 28 staff ...

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