March 20, 2020
In response to the international COVID-19 outbreak, the SEC is providing regulatory relief to those who are significantly affected by the pandemic. Due to travel, lodging, and other restrictions imposed by the pandemic, the SEC is allowing for virtual board meetings to take place until June 15, 2020 (extended to Aug. 15, 2020). Important details are as follows:
If your fund has an upcoming board meeting, we recommend taking advantage of the temporary regulatory relief instated by the SEC. In the unprecedented circumstances created by COVID-19, regulatory relief provisions are subject to change. FilePoint will keep you up to date with the most important information during this unique time.