29 May 2025
📄SEC Notice on Rule 0-4 Submission for OMB Review
Submission for OMB Review; Comment Request; Extension: Rule 0-4
Summary
The SEC gives notice regarding the extension of Rule 0-4 under the Investment Advisers Act, which prescribes the requirements for applications seeking exemptive relief. The rule aims to guide the Commission in assessing exemption requests while detailing the associated cost burdens for applicants, which vary based on application complexity.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory text discusses Rule 0-4 under the Investment Advisers Act, outlining the requirements for applications seeking exemption relief. This has direct financial implications for investment advisers and related entities as it details cost burdens associated with compliance and application preparation.