New Rule 2a-5: Good Faith Determinations of Fair Value

March 4, 2021

Seward & Kissel Partner Paul Miller and Counsel Chris Carlson discuss and review the requirements of the new Rule 2a-5, which modernizes the framework for fund valuation, and its likely impact on registered funds and their boards. The 30-minute discussion addresses:

  • Who may be a “valuation designee” and how a valuation designee is required to perform its responsibilities
  • The oversight responsibilities of a registered fund’s board in the valuation process if the board uses a valuation designee
  • What types of securities must be fair valued
  • Compliance considerations

Please click here to watch the webinar.


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