Investing in Business Development Companies (BDCs) and other Niche Assets That Trade on Stock Exchanges
Money For the Rest of Us
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Introduction
Investing in Business Development Companies and Other niche investments that trade on stock exchanges. Many trades occur within the broker itself, whereas if a brokerage firm has a buyer and seller among its own clients, it might actually match those trades. The SEC is investigating whether some investment banks such as Morgan Stanley and Goldman Sachs have been letting some of their top hedge fund clients know about block trades.
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