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David Blass Quoted in Fund Directions on Potential SEC Oversight of CEF Activism
12.10.24
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Partner David Blass was quoted in a Fund Directions article titled, “Debate over NYSE proposal could upend SEC’s neutrality on CEF activism,” which addressed the NYSE’s proposal to exempt listed closed-end funds (CEFs) from its annual shareholder meeting requirement, which could force the SEC to weigh in on CEF activism. David noted that “The SEC has taken steps to not insert itself into the middle of the activist versus closed-end fund challenge environment, and I think that’s entirely appropriate.”
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