In Episode #3 of the Derivatives and Repo Report podcast, Steve Keen joins Todd Zerega and Andrew Cross to discuss the requirements of Rule 18f-4, the new “derivatives rule” under the Investment Company Act of 1940.

Particular attention is given to the rule’s limits on the use of derivatives by registered investment companies and what happens when those limits are exceeded.

• You can access Episode #3 here.

Good day.  Good or excessive use of the word exceedance? DR2