SBIA letter sent to SEC asking for regulatory relief to support capital flow into small- and medium-sized businesses

By BDC Council | March 27, 2020

Please see the attached letter sent to the SEC on behalf of BDCs requesting temporary measures to support capital flow into small- and medium-sized businesses.

“BDCs need reasonable, temporary regulatory accommodation to protect their shareholders and to fulfill their statutory mission to support small and medium-sized businesses. Without this requested relief, the temporary dislocation caused by the pandemic may result in permanent damage to the capital-starved portfolio companies of BDCs, notwithstanding the fact that most of these borrowers will be legally permitted to operate once this crisis subsides, assuming that they have access to sufficient capital to get through it.”

Read the letter >

2020-06-13T10:32:41+00:00 March 27th, 2020|Featured, News|