Applicability of subordinate units framework: post-notification issuances governed by Chapter, with disclosure obligations extending to prior issuances. The Chapter applies only to subordinate units issued after its notification, while the disclosure requirements also apply to units issued prior to ... Summary
Applicability of subordinate units framework: post-notification issuances governed by Chapter, with disclosure obligations extending to prior issuances.
The Chapter applies only to subordinate units issued after its notification, while the disclosure requirements also apply to units issued prior to notification; and, subject to Chapter-specific provisions, the regulations applicable to ordinary units apply mutatis mutandis to issuance of subordinate units.
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