Modernizing the Regulatory Framework for BDCs
Author: Anna T. Pinedo.
Source: Volume 51, Number 21, December 1 2018 , pp.259-264(6)
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Abstract:
Recent legislation amends the regulatory framework applicable to BDCs, and is designed to remove past obstacles and put their securities offerings on a par with those of operating companies. The author discusses the past regulatory framework creating impediments for BDCs, and then turns to the new legislation and the mandated changes to SEC rules.Keywords: Business Development Companies; Small Business Credit Availability Act; Securities Offering Reform
Affiliations:
1: Mayer Brown LLP.