Outside Publication

Regulation of Derivatives and Other Transactions by Registered Investment Companies and Business Development Companies, Investment Adviser Association Newsletter

March 2016

The Proposed Rules are designed to permit Regulated Funds to enter into derivative and financial commitment transactions without violating the prohibitions and restrictions on the issuance of senior securities under the Investment Company Act.

The Proposed Rules will require additional structural, compliance, and reporting programs on the part of Regulated Funds and may, in some cases, require a change to a Regulated Fund’s use of derivatives and financial commitment transactions.

Read the full article >>