The U.S. Securities and Exchange Commission has adopted rule and form amendments allowing business development companies and closed-end investment companies registered under the Investment Company Act to use the securities offering rules available since 2005 for other issuers (i.e., operating company issuers), including:
- Use of Short-Form Registration Statements and Forward Incorporation by Reference
- WKSI Status for Eligible Affected Funds
- Automatic or Immediate Effectiveness for Filings by Affected Funds Conducting Certain Continuous Offerings
- Final Prospectus Delivery Reforms: Access Equals Delivery
- Communications Reforms
- New Registration Fee Payment Method for Interval Funds
- Broker-Dealer Research Reports
- Disclosure and Reporting Parity Amendments
