SEC Rule 18f-4

New Rule 18f-4: Registered Funds’ and BDCs’ Use of Derivatives, Part 1 The SEC recently adopted Rule 18f-4, which provides a new regulatory framework under Section 18 of the Investment Company Act of 1940 for addressing leverage and other risks related to registered funds’ and BDCs’ use of derivatives and certain other transactions that may…

New Rule 18f-4: Registered Funds’ and BDCs’ Use of Derivatives, Part 2 The SEC recently adopted Rule 18f-4, which provides a new regulatory framework under Section 18 of the Investment Company Act of 1940 for addressing leverage and other risks related to registered funds’ and BDCs’ use of derivatives and certain other transactions that may…