29 Jan 2025
📈SEC Notice on Sub-Advisory Agreement Exemption - January 2025
Guardian Variable Products Trust and Park Avenue Institutional Advisers LLC
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice involves the SEC's consideration of an exemption that could streamline the approval process for sub-advisory agreements, impacting compliance and operational efficiencies for businesses involved in investment management. This potential regulatory change directly affects governance and operational flexibility for investment companies.