17 C.F.R. § 270.57b-1 Exemption for downstream affiliates of business development companies.
Title 17 - Commodity and Securities Exchanges
Notwithstanding subsection (b)(2) of section 57 of the Act, the provisions of subsection (a) of that section shall not apply to any person (a) solely because that person is directly or indirectly controlled by a business development company or (b) solely because that person is, within the meaning of section 2(a)(3) (C) or (D) of the Act [15 U.S.C. 80a–2(a)(3) (C) or (D)], an affiliated person of a person described in (a) of this section. [46 FR 16674, Mar. 13, 1981]
Title 17: Commodity and Securities Exchanges
PART 270—RULES AND REGULATIONS, INVESTMENT COMPANY ACT OF 1940
§ 270.57b-1 Exemption for downstream affiliates of business development companies.
