U.S. Court of Appeals for the Second Circuit Reaffirms Ruling That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940
Appellate Court Upholds Saba’s Victory Over 11 Closed-End Funds That Broke Federal Law BlackRock, Royce Investment Partners, Tortoise Capital Advisors, Adams Funds and FS Investments Illegally Adopted Control Share Provisions at Their Closed-End Funds NEW YORK, June 26, 2024--(BUSINESS WIRE)--Sa...