H.R. 2225
Lets funds omit certain fees from fee totals
Allows registered investment companies to leave out fees they pay indirectly through investments in a business development company when reporting acquired fund fees and expenses.
- Applies to the acquired fund fees and expenses line on a fund's fee schedule
- Fees paid indirectly through investing in a business development company could be excluded
- That line item currently reports the operating expenses of the fund
Passed the House · Senate's turn