{"id":195,"date":"2016-01-20T19:11:38","date_gmt":"2016-01-20T19:11:38","guid":{"rendered":"http:\/\/localhost\/?p=195"},"modified":"2016-11-01T16:02:02","modified_gmt":"2016-11-01T16:02:02","slug":"sec-proposes-rule-governing-the-use-of-derivatives-and-short-sales-by-registered-investment-companies-and-business-development-companies","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2016\/01\/20\/sec-proposes-rule-governing-the-use-of-derivatives-and-short-sales-by-registered-investment-companies-and-business-development-companies\/","title":{"rendered":"Proposed SEC Rule Governing Derivatives and Short Sales"},"content":{"rendered":"

On Dec. 11, 2015, the Securities and Exchange Commission (the \u201cSEC\u201d) issued a release proposing the adoption of new Rule 18f-4 under the Investment Company Act of 1940 (the \u201c1940 Act\u201d). The proposed rule, if adopted as proposed, will establish new limitations on the use of derivatives by registered investment companies and business development companies (collectively, \u201cregulated funds\u201d). It will also regulate other trading practices of such funds (including short sales of securities) that are deemed to involve the issuance of \u201csenior securities.\u201d Hedge funds and other private investment funds will not be subject to the rule.<\/p>\n

Read more here: SEC Proposes Rule Governing the Use of Derivatives and Short Sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On Dec. 11, 2015, the Securities and Exchange Commission (the \u201cSEC\u201d) issued a release proposing the adoption of new Rule 18f-4 under the Investment Company Act of 1940 (the \u201c1940 Act\u201d). The proposed rule, if adopted as proposed, will establish new limitations on the use of derivatives by registered investment companies and business development companies … Continue reading Proposed SEC Rule Governing Derivatives and Short Sales<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-195","post","type-post","status-publish","format-standard","hentry","category-regulatory"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t