💼SEC Notice on Exemption Application for Investment Companies
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.
Learn More💰Reallotment of Funds for Low Income Home Energy Program
The Office of Community Services (OCS) announces that $15,494,946 of funds from the federal fiscal year 2023 (FY23) Low Income Home Energy Assistance Program (LIHEAP) were reallotted to states, territories, tribes, and tribal organizations that received FY24 direct LIHEAP grants.
Learn More💰SEC Designates Longer Review for Fidelity Crypto Fund Rule Change
The SEC has announced an extended review period for the proposed rule change by Cboe BZX Exchange regarding the Fidelity Wise Origin Bitcoin Fund and the Fidelity Ethereum Fund. This change seeks to allow in-kind creations and redemptions, intending to facilitate greater flexibility and efficiency in trading operations. The Commission will make a decision by May 26, 2025.
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