2024-03436: Qualifying Venture Capital Funds Inflation Adjustment
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To implement the requirements of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 ("EGRRCPA"), the Securities and Exchange Commission ("Commission") is proposing a rule that would adjust for inflation the dollar threshold used in defining a "qualifying venture capital fund" under the Investment Company Act of 1940 ("Investment Company Act" or "Act"). The proposed rule also would allow the Commission to adjust for inflation this threshold amount by order every five years and specify how those adjustments would be determined.
The agency’s own summary, as published.
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
Rulemaking docket
We haven’t pulled this rulemaking’s full docket yet.
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