H.R.1973 - Business Development Company Modernization Act

To permit business development companies to increase investments in small-and middle-market financial services companies and investment advisors. view all titles (2)

All Bill Titles

  • Official: To permit business development companies to increase investments in small-and middle-market financial services companies and investment advisors. as introduced.
  • Short: Business Development Company Modernization Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/14/13
 
 
 
 
 
 
 

Official Summary

Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in: (1) a registered investment adviser or investment adviser to an investment company, or (2) an eligible portfolio company (generally, a small- or m

Official Summary

Business Development Company Modernization Act - Amends the Investment Company Act of 1940 to allow business development companies to invest in:
(1) a registered investment adviser or investment adviser to an investment company, or
(2) an eligible portfolio company (generally, a small- or middle-market financial service company).

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