Yearly Archives: 2018

U.S. – SEC Fund Of Funds Arrangements

On 19 December 2018, SEC proposed rule on fund of funds arrangements. Approved rule, amendments that enhance, streamline fund of funds framework.Allow a fund to acquire the shares of another fund in excess of the limits of ICA without obtaining individual exemptive order from SEC, which has been burden.Rescinds ICA Rule 12d1-2 and most exemptive…
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