Re-Proposed Rule 18f-4: How Not to Distinguish Commitments from Derivatives is the second in a series of posts about the proposed treatment of so-called “unfunded commitment agreements” under re-proposed Rule 18f-4 under the Investment Company Act of 1940.
We thank our colleague Stephen A. Keen, who originally published this post at our sister blog, the Asset Management ADVocate.
Good day. Good to pause and think about commitments before we commit to a regulatory course of action! DR2