| 30.09.2024 Other Voices: SEC updates dollar threshold for venture capital funds |
| By: U.S. law firm Anderson P.C. On August 22, 2024, the Securities and Exchange Commission (SEC) adopted a new rule that updates the dollar threshold for a fund to be considered a "qualifying venture capital fund" under the Investment Company Act of 1940. The rule raises the threshold from $10 million to $12 million in aggregate capital contributions and uncalled committed capital, |
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