StacksVerified U.S. regulatory reference

17 CFR §270.2a-2

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
During any fiscal quarter in which elimination of securities from the portfolio of an investment company occur, the securities remaining in the portfolio shall, for the purpose of sections 5 and 12 of the Act (54 Stat. 800, 808; 15 U.S.C. 80a-5, 80a-12), be so valued as to give effect to the eliminations in accordance with one of the following methods:
  1. (a)Specific certificate,
  2. (b)First in—first out,
  3. (c)Last in—first out, or
  4. (d)Average value.