16 Sep 2025
💼SEC Notice on Exemption Application for Investment Companies
TCG Strategic Income Fund and TCG Strategic Income Advisor LLC
Summary
The SEC has issued a notice regarding TCG Strategic Income Fund's application for exemptions under the Investment Company Act of 1940. The application seeks permission for registered closed-end investment companies to issue multiple classes of shares and charge asset-based fees and early withdrawal penalties. Interested parties can request a hearing or further information from the SEC.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice details an application for an exemption that allows investment companies to issue multiple share classes and impose fees, which can impact financial products and compliance for businesses in the investment sector. Additionally, it informs potential stakeholders about how to request a hearing, indicating regulatory engagement opportunities.