Unraveling the SEC's Fund of Funds Rule Series

On 7 October 2020, the Securities and Exchange Commission adopted new rule 12d1-4, designed to streamline the regulatory framework applicable to funds that invest in other funds (funds of funds). The new rule significantly reorders the current web of regulation applicable to fund of funds arrangements by subjecting most funds of funds to Rule 12d1-4.

This interactive series of webinars will feature firm lawyers who are well versed on the new rule, and will delve into the particulars of Rule 12d1-4 and their wide-ranging implications for our clients and contacts. The first session will provide a general overview of the new rule, the second session will focus on the impacts of Rule 12d1-4 on Closed-End Funds and BDCs, and the third will focus on the impacts of Rule 12d1-4 on Exchange-Traded Funds.

Topic suggestions for panelists may be presented upon registration. 

Session 1: What You Need to Know Most About the SEC’s Fund of Funds Rule Adoption

28 October 2020, 2:30 - 3:30 P.M. ET

Event Speakers: 

• Jon-Luc Dupuy, Partner
• Jennifer R. Gonzalez, Partner
• Mark Goshko, Partner
• Abigail Hemnes, Partner
• Fatima Sulaiman, Partner
• George Zornada, Partner

Session 2: The Fund of Funds Rule's Impact on ETFs

5 November 2020, 11:00 A.M. - 12:00 P.M. ET

Event Speakers: 

• Clifford J. Alexander, Partner
• Stacy L. Fuller, Partner
• Peter J. Shea, Partner

Session 3: The Fund of Fund Rule's Impact on Closed-End Funds and BDCs

19 November 2020, 2:30 - 3:30 P.M. ET

Event Speakers: 

• Jon-Luc Dupuy, Partner
• Jennifer R. Gonzales, Partner
• George Zornada, Partner