10 Mar 2025
📈SEC Notice on Advisory Fee Exemption for Investment Companies
ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC
Summary
The SEC has issued a notice regarding an application from ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC for an exemption allowing registered investment companies to pay advisory fees in shares of common stock instead of cash. The notice outlines the details of the application and the process for potential hearings.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice addresses an application for an exemption under the Investment Company Act which allows investment companies to pay advisory fees in shares. This impacts financial structuring and operational cash flows for affected firms, making it critical for compliance and strategic planning.