13 Aug 2025
📄Regulatory Requirements for Canadian Investment Funds Under SEC Rule 7d-1
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 7d-1
Summary
The SEC is inviting comments regarding the collection of information for Rule 7d-1, requiring Canadian investment companies to submit applications for registration under the Investment Company Act. This includes compliance agreements, custodian arrangements, and documentation requirements, aimed at ensuring enforceability of the Act in the U.S. for foreign funds.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice discusses regulatory requirements under Rule 7d-1 for foreign investment funds wishing to register in the U.S., detailing compliance measures and associated costs. This impacts both current and potential funds, requiring legal and administrative efforts to meet registration needs.