Mr. Grimm (for himself and Mr. Graves of Georgia) introduced the following bill; which was referred to the Committee on Financial Services
Introduced in House (IH)
To amend the Investment Company Act of 1940 to allow business development companies to purchase, otherwise acquire, or hold certain securities, to change the asset coverage ratio and treatment of preferred stock for business development companies, and to direct the Securities and Exchange Commission to revise certain rules relating to business development companies.
Michael G. Grimm
Committee on Financial Services (Standing)
United States Code References
15 U.S.C. 78m, 80a, 80a-53
732 North Capitol Street, NW, Washington, DC 20401-0001