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.