Palmer, Christopher; Delligatti, Paul; Zutz, Andrew; … - In: Journal of Investment Compliance 22 (2021) 2, pp. 201-213
Purpose: To explain the new U.S. Securities and Exchange Commission (“SEC”) Rule 2a-5 (the “Fair Value Rule”) under the Investment Company Act of 1940 (the “1940 Act”), which addresses the valuation practices of registered investment companies and business development companies....
