On December 3, 2020, the Securities and Exchange Commission (the SEC) adopted new rule 2a-5 (Rule 2a-5) under the Investment Company Act of 1940, as amended (the 1940 Act), which establishes a ...
With the SEC 2a-5 rule deadline fast approaching, fund managers have the opportunity to implement systems to ensure an accurate and transparent valuation process, and bring fair value determination ...