Acquired Fund Fees and Expenses (AFFE) are detailed in a fund's prospectus, outlining the operating expenses of underlying funds within a fund of funds. Learn how they impact investment costs.
NEW YORK, July 23 (LPC) - Participants in the business development company (BDC) sector are pondering whether the Securities and Exchange Commission (SEC) will push through with exempting the market ...
NEW YORK, March 9 (LPC) - A bipartisan group of lawmakers joined the fight to exempt business development companies (BDC) from Acquired Fund Fees and Expenses (AFFE) restrictions that stakeholders ...
NEW YORK, Jan 23 (LPC) - The Securities and Exchange Commission (SEC) dealt a setback to Business Development Companies (BDCs) after declining to exempt the market from specific fee disclosure ...