Assertion: fund's registration statement | /r/HasProperty | declared effective
Facets:
Source sentences:
text: Once the registration statement is declared effective, the syndicate members resell their shares to investors and the fund commences operations.
text: The staff would not object if a fund whose registration statement under the 1933 Act has been declared effective or has become effective automatically under the 1933 Act, and whose shares have not yet been publicly offered, does not file reports on Form N-PORT.