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Partner Ken Burdon Featured on “Money Life with Chuck Jaffee,” Discussing Upcoming Supreme Court Case that will Impact Closed-End Funds’ Ongoing Defense Against Harmful Activist Investors
08.11.25
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Registered Funds Partner Ken Burdon joined an episode of the “Money Life with Chuck Jaffee” podcast to discuss an upcoming Supreme Court case that will decide whether Section 47(b) of the Investment Company Act of 1940 gives shareholders of registered investment companies a private right of action to bring lawsuits challenging contracts that they allege violate the 1940 Act. In the interview, Ken provided background on the case, shared potential impacts on opportunistic closed-end fund activism and ways the case “could open up an entirely new avenue for federal plaintiffs against investment companies regulated under the Act.”
To listen to the podcast, please click here.