19 Mar 2025
📄SEC Notice on Information Collection for Rule 0-4 Compliance
Proposed Collection; Comment Request; Extension: Rule 0-4
Summary
The SEC is proposing an extension for Rule 0-4 under the Advisers Act, which prescribes application requirements for exemptive relief. The notice solicits comments on the information collection process, allowing stakeholders to provide input on its necessity, utility, and burden on applicants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulation outlines the requirements for filing applications for exemptive relief under Rule 0-4 of the Advisers Act, which affects registered investment advisers and could involve significant costs ranging from approximately $15,259.94 to $238,761.88 per application. This directly impacts financial planning and compliance costs for businesses.