Your Funds Don't Employ Derivatives, or Use Them Sparingly? 5 Questions You Still Need To Ask About the SEC's New Derivatives Rule
Posted by Richard Wagner on Jan 12, 2021 10:58:52 AM
On October 28, 2020, the SEC adopted a new rule designed to address the investor protection purposes and concerns underlying Section 18 of the Investment Company Act of 1940. More specifically, Rule 18f-4 provides an updated and more comprehensive approach to the regulation of funds’ use of derivatives. This Rule is effective for all funds February 19, 2021, with a compliance date of August 19, 2022. While the final Rule offers a more than 450-page comprehensive framework for funds utilizing derivatives, management and Boards of funds not employing derivatives, or utilizing them on a limited basis, still should be aware of the impact of certain key points of the Rule.
Read MoreJoin the Conversation on the SEC's New Derivatives Rule- 11 Things You Need to Know
Posted by Richard Wagner on Jan 12, 2021 9:41:15 AM
On October 28, 2020, the SEC adopted a new Rule designed to address the investor protection purposes and concerns underlying Section 18 of the Investment Company Act of 1940. More specifically, Rule 18f-4 provides an updated and more comprehensive approach to the regulation of funds’ use of derivatives. This Rule is effective for all funds February 19, 2021, with a compliance date of August 19, 2022.
Read MoreUpcoming Webcast- Significant Changes Ahead: Your Guide to the SEC's Proposed Filing and Disclosure Modernization
Posted by admin on Dec 9, 2020 10:21:23 PM
Regulated Investment Companies and Section 163(j) of the 2017 Tax Cuts and Jobs Act
Posted by Matthew Romano on Dec 3, 2020 12:45:00 PM
One of the main provisions of the 2017 Tax Cuts and Jobs Act (“TCJA”) was Section 163(j), which limits the deductibility of business interest expense (“BIE”) for corporations. On July 28, 2020, Treasury and the IRS released proposed regulations that provided substantial guidance, specifically with its application to Regulated Investment Companies (“RICs”).
Read MoreContact Us
BBD Insights & Analysis
Latest Blog Posts
Categories
- Audit (7)
- board (1)
- Cayman Funds (2)
- ETFs (13)
- Hedge Funds (5)
- Investment Advisors (17)
- Investment Management Group (4)
- Investments (1)
- Mutual Funds (46)
- News (2)
- PCAOB (11)
- Private Funds (2)
- Resources and Planning (1)
- Rule 2a-5 (1)
- SEC (15)
- Securities Brokers/Dealers (2)
- Tax Planning (3)
- Webinar-Investment Management Industry (1)