📊SEC Notice on Investment Company Deregistration Applications - Dec 2024
Deregistration Under Section 8(f) of the Investment Company Act of 1940
Summary
Applicant seeks an order declaring that it has ceased to be an investment company. The applicant has transferred its assets to BNY Mellon AMT-Free Municipal Bond Fund, a series of BNY Mellon Municipal Funds, Inc., and on March 8, 2024 made a final distribution to its shareholders based on net asset value. Expenses of $176,946 incurred in connection with the reorganization were paid by the applicant. Filing Date: The application was filed on November 25, 2024. Applicant's Address: c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, New York 10286.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice outlines the deregistration of multiple investment companies under the Investment Company Act, which directly affects compliance and regulatory requirements for business owners involved in investment management. Companies considering deregistration should be aware of the procedural steps and deadlines.