Investment Company Act of 1940

...million and EBITDA between $2.0 and $20.0 million. Triangle has elected to be treated as a business development company under the Investment Company Act of 1940 ("1940 Act"). Triangle is required to comply with a series of regulatory...

In this article: Revenue, Private Securities Litigation Reform Act of 1995, Investment Company Act of 1940, Internal Revenue Code of 1986, and Nasdaq

...single sector generally experience greater volatility. UNL is not a registered investment company so you do not have the protections of the Investment Company Act of 1940. Accordingly, you do not have the protections afforded by that statute...

In this article: Natural gas, United States, Futures contract, Investment Company Act of 1940, Nymex, FDIC, California, and Louisiana

...sake of clarity, the term "Funds" shall not include any investment portfolio of SSgA Funds, a series mutual fund registered under the Investment Company Act of 1940, as amended. The Action alleges that State Street violated its fiduciary...

In this article: Beneficiary, New York, NY, Docket, Boston, MA, Seattle, WA, and Investment Company Act of 1940

...income for each fiscal year can be finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the "1940 Act") and related Rules, the Fund may be required to...

In this article: Tax, Fiscal year, Investment Company Act of 1940, Investment Advisers Act of 1940, Securities and Exchange Commission, US, and Aberdeen

...high yield bonds and collateralized loan obligations. It has elected to be treated as a business development company under the Investment Company Act of 1940. The Company may also opportunistically invest in distressed debt, debt issued...

In this article: New York Stock Exchange, Tax, E.coli, Investment Company Act of 1940, NEW YORK, and U.S.

...on the fund's board by withholding information in order to qualify as an excessive compensation claim under Section 36(b) of the Investment Company Act of 1940. The plaintiffs also urged the Supreme Court to take the case to resolve the...

In this article: Supreme Court, Plaintiff, Standard & Poor's, Frank Easterbrook, Defendant, Investment Company Act of 1940, Second Circuit Court of Appeals, and Seventh Circuit Court of Appeals

...with their forced buying, some may soon become forced sellers. Thanks to obscure provisions of the U.S. Internal Revenue Code and the Investment Company Act of 1940, which governs how mutual funds are organized, ETFs can't allow their...

In this article: Petrobras, Tax, Vale, Culprit, Investment Company Act of 1940, Sberbank, and Vanguard Group

...closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment portfolio is principally invested in energy related...

In this article: Derivative, Fourth Amendment, ATP, Annual report, Amortization, Revenue, and Investment Company Act of 1940

...core legal issue in the case is whether Harris Associates, as the adviser to Oakmark Funds, breached its fiduciary duty under the Investment Company Act of 1940 by charging excessive fees. The shareholders were, in effect, asking the court...

In this article: Supreme Court, Plaintiff, Investment Company Act of 1940, and Elena Kagan

...Associates to its own funds are excessive and violate the fiduciary duty that a fund manager owes to its mutual funds under the Investment Company Act of 1940. In particular, they point out that Harris Associates charges much lower fees to...

In this article: Supreme Court, Frank Easterbrook, Richard Posner, Wall Street, Plaintiff, and Investment Company Act of 1940