12 Sep 2025
📈SEC Notice on ARK Venture Fund Exemption Application
ARK Venture Fund and ARK Investment Management LLC
Summary
The SEC issued a notice regarding ARK Venture Fund's application for exemptions under the Investment Company Act, seeking permission to allow registered closed-end investment companies to issue multiple classes of shares and impose various distribution fees. Interested parties may request a hearing on the application by a specified deadline.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice pertains to an application by ARK Venture Fund for exemptions under the Investment Company Act, which could affect compliance and regulatory requirements for registered investment companies looking to issue multiple classes of shares and apply various fees, impacting their operational models.