11 Aug 2025
📄SEC Rule 17a-6
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 17a-6
Summary
The SEC is requesting comments on the information collection related to Rule 17a-6, which allows investment companies to engage in certain transactions with affiliated entities under specified conditions. The rule requires boards of directors to assess and document the materiality of financial interests, ensuring compliance with regulatory obligations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text outlines compliance and recordkeeping requirements for investment companies under Rule 17a-6, which impacts business practices and legal obligations for fund operations. Specifically, the requirement to document the materiality of financial interests can affect how transactions with affiliated entities are conducted.