8 Jul 2025
📈SEC Notice on Exemption for Investment Fund Share Classes
Private Debt & Income Fund and Brighton Jones LLC
Summary
The Securities and Exchange Commission has issued a notice regarding an application for an exemption under the Investment Company Act, allowing registered funds to issue multiple classes of shares with different sales loads and fees. Interested parties can request a hearing on the matter before July 28, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's notice pertains to an application for an exemption allowing registered closed-end investment funds to issue multiple share classes with varying fees. This has direct implications for financial structuring and compliance requirements among investment companies.