Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 17 - Commodity and Securities Exchanges |
Chapter II - Securities and Exchange Commission |
Part 270 - Rules and Regulations, Investment Company Act of 1940 |
§ 270.60a-1 - Exemption for certain business development companies.
Latest version.
-
§ 270.60a-1 Exemption for certain business development companies.
Section 12(d)(1) (A) and (C) of the Act shall not apply to the acquisition by a business development company of the securities of a small business investment company licensed to do business under the Small Business Investment Act of 1958 which is operated as a wholly-owned subsidiary of the business development company.
[46 FR 16674, Mar. 13, 1981]