💰SEC Notice
The SEC has issued a notice regarding the application from various investment companies for an order permitting joint transactions, otherwise prohibited under the Investment Company Act. The application aims to facilitate co-investment in portfolio companies among business development companies and closed-end management investment companies, promoting collaboration and enhanced investment strategies.
Learn More💰SBIC License Issuance Notice from the Small Business Administration
The U.S. Small Business Administration announces the issuance of Small Business Investment Company licenses under the Small Business Investment Company Program. The notice includes details on eligible funds, their licensure dates, and leverage tiers, providing critical information for businesses seeking investment opportunities.
Learn More💰SBA Notice on Exemption Request for LCM Healthcare Fund
This notice from the Small Business Administration informs that LCM Healthcare Fund I, L.P. is seeking an exemption related to equity financing terms with Northwest Surgical Development Company. A public comment period is established for interested parties regarding this financing decision.
Learn More📈SEC Proposed Rules on Crowdfunding for Intermediaries
The SEC is soliciting comments on proposed information collection rules for intermediaries under Regulation Crowdfunding. The rules detail compliance requirements for intermediaries to facilitate securities offerings, including registration, investor interactions, and disclosure obligations, emphasizing the need for operational transparency and accountability in crowdfunding activities.
Learn More📉Surrender of Small Business Investment License for Stonehenge Fund
The Small Business Administration has declared the license of Stonehenge Opportunity Fund III-B, L.P. null and void due to the company's surrender of its license as a small business investment company. This action follows the authority outlined in the Small Business Investment Act, impacting the fund's operational status.
Learn More🏠IRS Notice on Allocation of Expenses by REMIC - Comments Requested
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning final regulations in Treasury Decisions (TD) 8366 and 8431 relating to information disclosures for the allocation of expenses by real estate mortgage investment conduits (REMIC).
Learn More📈SEC Notice on Barings LLC's Application for Share Class Exemption
The SEC issued a notice regarding an application by Barings LLC and Barings Private Credit Corporation for an exemption under the Investment Company Act. The application seeks permission for registered closed-end investment companies to issue multiple classes of shares with varying fees, enhancing flexibility in investment structures. Interested parties can request a hearing on the matter.
Learn More🛢️Notice of Natural Gas Pipeline Project and Intervention Opportunities
The Federal Energy Regulatory Commission notices a request from Natural Gas Pipeline Company to abandon an obsolete compressor unit at Compressor Station 205. The project aims to improve operational efficiency while maintaining compliance with service obligations. Interested parties can file comments or protests by May 16, 2025.
Learn More📈SEC Notice on Extension of Form 40-F for Canadian Issuers
The Securities and Exchange Commission announces an extension request for Form 40-F under the Paperwork Reduction Act. This form is essential for Canadian companies registering securities or filing annual reports, as it helps investors make informed decisions regarding investments in these issuers. The public can comment on this information collection request within 30 days.
Learn More📈SEC Considers Proposed Rule Change for BondBloxx Trust Shares
The SEC is reviewing a proposed rule change to list and trade BondBloxx Private Credit Trust shares, which aims to provide risk-adjusted returns through a diversified portfolio of consumer and small business credit assets. The assessment includes evaluating the trust's liquidity strategy and potential market manipulation risks, inviting public comment for further deliberation.
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