In April 2020, the SEC adopted rules in its Release 33-10771 that revised the registration, communications, and offering processes for closed-end investment companies (CEFs) and business development companies (BDCs) under the Securities Act of 1933. In addition to introducing new XML-based Form 24F-2, CEF and BDC entities will now be required to tag financial reporting information in a structured data format in their submissions to the EDGAR system. As the deadline for this change approaches, Novaworks has created a free guide to aid companies in creating their first structured data reports. Continue reading "CEF Tagging Guide Now Available for Download" »