Investment Company Governance
The Commission has considered further its adoption of amendments to rules under the Investment Company Act of 1940 to require investment companies (``funds'') that rely on certain exemptive rules to adopt certain governance practices. The reconsideration responds to a decision by the United States Court of Appeals for the District of Columbia Circuit remanding to us for further consideration two issues raised by the rulemaking.
Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
Applicant, a closed-end management company, seeks an order declaring that it has ceased to be an investment company. On April 19, 2005, applicant made a final liquidating distribution to its shareholders based on net asset value. Applicant paid $104,300 in expenses incurred in connection with the liquidation. Filing Dates: The application was filed on May 26, 2005, and amended on June 17, 2005. Applicant's Address: 630 Fifth Ave., 37th Floor, New York, NY 10111.