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LA-22-02: Sector Fund Exemption Applies to Non-Sector Lines of Business or Subsidiaries of a Company in the Sector

April 25, 2022

This Legal Advisory clarifies that pursuant to the sector fund exemption, an employee may participate in a particular matter that affects a non-sector line of business or subsidiary of a company that operates within the sector that is the focus of the fund.

(link to PDF version)