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SEC Extends Relief to Funds and Advisers from In-Person Board Meeting Obligations

The SEC issued an Order extending relief from in-person board meeting obligations as required under the Investment Company Act. The Order extends the previous deadline for the relief from June 30, 2020 to December 31, 2020 (see prior coverage).

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    The SEC provided temporary exemptive relief for certain investment funds and advisers from filing and in-person board meeting requirements amid the coronavirus outbreak.

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