Legislative Proposals to Modernize Business Development Companies and Expand Investment Opportunities, Testimony Before the House Subcommittee on Capital Markets and Government Sponsored Enterprises

15 Pages Posted: 19 Jun 2015

See all articles by J. Robert Brown

J. Robert Brown

University of Denver Sturm College of Law

Date Written: June 16, 2015

Abstract

This testimony discusses proposed legislation to amend the definition of accredited investor. It also discusses proposed legislation designed to reform the regulatory framework for business development companies. Among other things, the regulatory regime for BDCs would change to allow these companies to invest a greater portion of their assets in financial companies, potentially reducing the percentage of assets invested in operating companies.

Suggested Citation

Brown, J. Robert, Legislative Proposals to Modernize Business Development Companies and Expand Investment Opportunities, Testimony Before the House Subcommittee on Capital Markets and Government Sponsored Enterprises (June 16, 2015). U Denver Legal Studies Research Paper No. 15-25. Available at SSRN: https://ssrn.com/abstract=2619739

J. Robert Brown (Contact Author)

University of Denver Sturm College of Law ( email )

2255 E. Evans Avenue
Denver, CO 80208
United States

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