“Closed-End Fund House Bill Doesn’t Go Far Enough,” by Corporate partner George M. Silfen was published in Ignites on March 29, 2018. George writes that the Expanding Investment Opportunities Act (H.R. 4279) must address a current rule under the Investment Advisers Act of 1940 in order to expand investment opportunities for closed-end funds, as desired. The bill, which passed the House by an overwhelming 418 to 2 vote, would direct the SEC to revise its rules to enable closed-end companies to use the securities offering and proxy rules currently available to other issuers of securities. However, George argues that a simple modification to the legislation would remove a key limitation and stimulate increased activity in the closed-end fund IPO market.