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SEC RIN: 3235-AN33 Publication ID: Spring 2024 
Title: ●Qualifying Venture Capital Funds Inflation Adjustment 
Abstract:

The Division is considering recommending that the Commission adopt a rule to implement the requirements of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018.  The Commission proposed a rule that would adjust for inflation the dollar threshold used in defining a qualifying venture capital fund” under the Investment Company Act of 1940. The proposed rule also would allow the Commission to adjust for inflation this threshold amount by order every five years and specify how those adjustments would be determined.

 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 270.3c-7   
Legal Authority: Public Law 115-174, Sec 504    15 USC 80a-3    15 USC 80a-37   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/21/2024  89 FR 12995   
NPRM Comment Period End  03/22/2024 
Final Action  10/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Michael Khalil
Senior Counsel
Securities and Exchange Commission
100 F Street, NE,
Washington, DC 20549
Phone:202 551-6792
Email: khalilm@sec.gov