On May 25, 2022, the U.S. Securities and Exchange Commission (the "Commission") proposed new rules and amendments under both the Investment Advisers Act of 1940.
As the markets continue to create challenges for plan fiduciaries and asset managers, financial regulators are actively working on a number of projects that impact the investment of.
Key Points - - The Securities and Exchange Commission (SEC) recently proposed two sets of rule amendments impacting BDCs and registered investment companies that utilize.