{"id":"AGY-FED-FINANCIAL-064","kind":"order","level":"federal","jurisdiction":"United States; Securities and Exchange Commission (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Securities and Exchange Commission","authority":"15 U.S.C. § 80a-6(c)","instrument":"Investment Company Act Release No. 33897, Order Under Section 6(c) and Section 38(a) of the Investment Company Act of 1940 Granting Exemptions from Specified Provisions of the Investment Company Act and Certain Rules Thereunder [In-Person Board Relief]","title":"Order Extending the In-Person Board Meeting Relief for Registered Management Investment Companies and Business Development Companies","dateIssued":"2020-06-19","effective":"2020-03-13 (from the date of the Original Order)","end":"Until the date specified in a public notice from Commission staff, at least two weeks after the notice and no earlier than December 31, 2020; the Division of Investment Management\u0027s COVID-19 FAQ (modified April 22, 2021) records the relief as continuing \u0027until it is terminated by a public notice from SEC staff\u0027; no termination notice dated before September 30, 2021 was located","startDate":"2020-03-13","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["GATH","OTHER"],"addressees":["registered management investment companies","business development companies","their investment advisers and principal underwriters"],"clause":"[The Commission modifies] in part the March 25 Order to extend the period during which the In-person Board Relief will be [available]... the Commission finds that extending the time period for the In-[person Board Relief is necessary or appropriate in the public interest]... This Order supersedes the March 25 Order with respect to the In-person Board Relief [and extends it from the date of] the Original Order to (and including) the date to be specified in a public notice from Commission staff stating that the relief will terminate, which date will be at least two weeks from the date of the notice and no earlier than December 31, 2020.","enforcement":"Conditional exemption from 15 U.S.C. § 80a-15(c) and the cited rules","functions":["WM fund governance (board votes cast at remote meetings through 2021Q3)","OP","CB shareholders"],"notes":"A Q3 2021 instrument: the Commission\u0027s June 19, 2020 order kept the in-person board-vote exemption in force indefinitely, and the Commission\u0027s own FAQ recorded it as continuing in 2021","sourceUrl":"https://www.sec.gov/files/rules/exorders/2020/ic-33897.pdf","snapshot":"","fileExists":true,"fileBytes":163773,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-064","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-064","citation":"Securities and Exchange Commission, Investment Company Act Release No. 33897, Order Under Section 6(c) and Section 38(a) of the Investment Company Act of 1940 Granting Exemptions from Specified Provisions of the Investment Company Act and Certain Rules Thereunder [In-Person Board Relief] (June 19, 2020) (Ex. AGY-FED-FINANCIAL-064)","stateName":"","related":["AGY-FED-FINANCIAL-051","AGY-FED-FINANCIAL-052","AGY-FED-FINANCIAL-057","AGY-FED-FINANCIAL-058","AGY-FED-FINANCIAL-054","AGY-FED-FINANCIAL-050","AGY-FED-FINANCIAL-055","AGY-FED-FINANCIAL-056","AGY-FED-FINANCIAL-059","AGY-FED-FINANCIAL-060","AGY-FED-FINANCIAL-061","AGY-FED-FINANCIAL-062"]}