What's in a Fund Name? SEC Approves Changes to the Fund Names Rule
By EsqSocial Corporation 27/09/23
On 20 September 2023, the US Securities and Exchange Commission (the SEC) adopted amendments to Rule 35d-1 (the Names Rule or Rule) under the Investment Company Act of 1940, as amended (the 1940 Act), and made related form amendments (collectively, the Amendments). The Amendments substantially expand the Names Rule’s application and related disclosures by including within the scope of the Rule names that suggest a registered investment company (fund) focuses on strategies with “particular...
By: K&L Gates LLP