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S. 3948

BillFederalSenateIn Committee
To amend the Investment Company Act of 1940 to prohibit limitations on closed-end companies investing in private funds, and for other purposes.
About This Bill
Committee
Congress
117th (2021–2023)
Introduced
March 29, 2022
Cosponsors (0)
None
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Summary

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Increasing Investor Opportunities Act This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase their investments in private investment funds.

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