📄Proposed Extension of Regulation G
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Reporting and Disclosure Requirements Associated with Regulation G (FR G; OMB No. 7100-0299).
Learn More📈SEC Notice on RBB Fund Trust and Tweedy Browne LLC Application
The SEC has issued a notice regarding an application from The RBB Fund Trust and Tweedy, Browne Company LLC for an exemption under the Investment Company Act of 1940. The exemption seeks to ease the process for amending subadvisory agreements without needing shareholder approval and reduce certain disclosure obligations.
Learn More📈SEC Notice on Investment Fund Exemption from Disclosure Requirements
The SEC issued a notice regarding a request for exemption under the Investment Company Act, enabling the RBB Fund Trust and First Eagle Investment Management to amend subadvisory agreements without obtaining shareholder consent. This regulatory action addresses specific disclosure obligations related to subadviser fees, impacting future governance and operational practices within the investment management sector.
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