The SEC’s no-action letter stated that open-end funds advised or sub-advised by JPMIM may rely on the Order previously granted to BDCs and registered closed-end funds, provided that the open-end funds ...
With the platform integrated into the alternative trading board, investors will be able to directly place buy and sell orders, subject to approval by brokerage houses.
The Bangladesh Securities and Exchange Commission (BSEC) has issued a directive setting out how existing closed-end mutual funds can be converted into open-end ones.
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