Legislative Proposals to Modernize Business Development Companies and Expand Investment Opportunities, Testimony Before the House Subcommittee on Capital Markets and Government Sponsored Enterprises

Citation data:

Faculty Scholarship

Publication Year:
2015
Usage 106
Downloads 97
Abstract Views 9
Repository URL:
https://digitalcommons.du.edu/law_facpub/30; https://digitalcommons.du.edu/cgi/viewcontent.cgi?article=1017&context=law_facpub
Author(s):
Brown, J. Robert, Jr.
Publisher(s):
Digital Commons @ DU
Tags:
Federal securities laws; accredited investor; investors protection; Law
paper description
This testimony discusses proposed legislation to amend the definition of accredited investor. It also discusses proposed legislation designed to reform the regulatory framework for business development companies. Among other things, the regulatory regime for BDCs would change to allow these companies to invest a greater portion of their assets in financial companies, potentially reducing the percentage of assets invested in operating companies.