Video

IDC Webinar: SEC Emergency Relief in Light of COVID-19: An Overview for Fund Directors Archive Recording

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The Securities and Exchange Commission (SEC) has issued several orders providing temporary relief to registered investment companies affected by the COVID-19 pandemic. The SEC’s Division of Investment Management also has issued no-action letters and guidance that are relevant to investment companies.

This webinar summarized the various forms of SEC relief and discussed the implications for funds and their boards. Topics included:

  • Exemptive relief from in-person board meeting requirement
  • Temporary additional funding flexibility
  • Guidance for conducting shareholder meetings