📈SEC Notice on Cambria ETF Trust Exemption Application
The SEC issued a notice regarding an application from Cambria ETF Trust and Cambria Investment Management for an exemption under the Investment Company Act, aiming to permit modifications to subadvisory agreements without needing shareholder approval, which may alter compliance disclosure requirements.
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The SEC issues a notice regarding an application by FPLF Management LLC and Fortress Private Lending Fund for an exemption under the Investment Company Act. This exemption would permit certain registered closed-end investment companies to issue multiple classes of shares with distinct pricing structures, potentially altering their operational landscape and compliance requirements.
Learn More📈SEC Notice on Fidelity Private Credit Fund Co-Investment Approval
The SEC has issued a notice regarding an application from Fidelity Private Credit Fund and associated entities seeking an order to allow certain joint transactions between business development companies and affiliated investment entities. The notice outlines filing details, hearing procedures, and contacts for further information.
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The SEC has issued a notice regarding an application from several investment funds seeking permission to co-invest in portfolio companies. This application aims to permit joint transactions that are typically prohibited, potentially impacting investment strategies and regulatory compliance for involved entities. Interested parties have the option to request a hearing on the matter.
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The SEC issued a notice regarding an application by Morgan Stanley Pathway Funds for exemptions from certain regulations related to subadvisory agreements. This would allow them to make amendments without requiring shareholder approval and would alleviate certain disclosure obligations. Interested parties may request a hearing on the matter, with parameters outlined in the notice.
Learn More📈SEC Seeks Comments on Form 13F Compliance Requirements
The Securities and Exchange Commission is soliciting comments regarding the continuation of Form 13F, which requires institutional investment managers to file quarterly reports for U.S. exchange-traded equity securities. The notice outlines regulatory obligations tied to reporting, the methodologies for estimating compliance costs, and the implications of recent amendments affecting data submission practices.
Learn More📈SEC Notice on Venerable Variable Insurance Trust Exemption Application
The SEC has issued a notice regarding an application from Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC, seeking an exemption under the Investment Company Act. This exemption would allow the approval of sub-advisory agreements without the need for in-person meetings, aiming to streamline governance and operational processes for the trust's board of trustees.
Learn More🏦SEC Notice for Mercer Funds on Sub-Advisory Agreement Exemption
The Securities and Exchange Commission (SEC) has issued a notice regarding an application from Mercer Funds and Mercer Investments LLC for an exemption under the Investment Company Act. This exemption would allow the Trust's board of trustees to approve new and modified sub-advisory agreements without adhering to the traditional in-person meeting requirement. Interested parties may request a hearing on the application.
Learn More📈SEC Notice on GoldenTree Fund Exemption Application
This SEC notice pertains to an application from GoldenTree Opportunistic Credit Fund for an exemption to allow multiple share classes and the imposition of asset-based fees. The Commission invites public comments and requests for hearings on this application, highlighting its significance for registered investment companies.
Learn More⚖️SEC Temporary Order for Credit Suisse
The Securities and Exchange Commission has issued a temporary order allowing Credit Suisse Services AG and its affiliates to continue operations despite ongoing legal complexities. This exemption is critical for maintaining their investment advisory services while navigating significant compliance issues stemming from past convictions related to financial misconduct. The decision impacts direct operational and financial strategies within the firm.
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