15 Apr 2025
💼SEC Notice on Investment Company Exemption for Share Classes
Monroe Capital BDC Advisors, LLC, et al.
Summary
The Securities and Exchange Commission (SEC) has issued a notice concerning an application from Monroe Capital BDC Advisors, LLC, seeking an exemption under the Investment Company Act to allow certain registered closed-end investment companies to issue multiple classes of shares with varying fees. Interested parties may request a hearing on this application.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice involves a request for an exemption allowing registered closed-end investment companies to issue multiple share classes, impacting investment strategies and fee structures. This affects business owners by potentially offering new financial product options and altering existing compliance frameworks.