To spur lending, SEC loosens restrictions on business development companies
![SEC logo outside building](https://s32566.pcdn.co/wp-content/uploads/2020/04/SEC-seal-951x634.jpg.optimal.jpg)
The regulator proposed easing calculations that determine asset coverage ratios, giving BDCs additional flexibility to issue securities
The Securities and Exchange Commission moved Wednesday night to loosen some rules governing business development companies so those companies can provide more financing for modest-sized businesses devastated by the COVID-19 outbreak.
Under the order, the SEC would ease calculations that determine
Learn more about reprints and licensing for this article.