SEC Adopts Rule to Update Definition of Qualifying Venture Capital Funds
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - August 21, 2024) - The Securities and Exchange Commission today adopted a rule that updates the dollar threshold for a fund to qualify as a “qualifying venture capital fund” for purposes of the Investment Company Act of 1940. The rule updates the dollar threshold to $12 million in aggregate capital...
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