📈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.
Learn More🪙SEC Notice on Listing of Canary Litecoin ETF Shares
This document outlines the SEC's notice regarding the proposed rule change to list and trade shares of the Canary Litecoin ETF by The Nasdaq Stock Market LLC. It specifies regulatory compliance measures, the Trust's operational framework, and the surveillance mechanisms to monitor trading activities, ensuring transparency and fraud prevention.
Learn More📄Insights on Municipal Securities Disclosure Compliance Requirements
The Securities and Exchange Commission announces a request for an extension on compliance measures under Rule 15c2-12, which governs municipal securities disclosures. The rule mandates Participating Underwriters obtain and review official statements and ensures issuers provide ongoing financial information. These measures aim to enhance market transparency and reduce fraud in municipal securities transactions.
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 BlackRock Application for Joint Investment Transactions
The Securities and Exchange Commission issued a notice regarding BlackRock's application for an order allowing business development companies and investment firms to co-invest in portfolio companies. This application seeks to facilitate joint transactions that are typically prohibited, potentially influencing investment strategies and compliance requirements for involved entities.
Learn More📈SEC Notice on NYSE Arca's Market Data Fee Change
The Securities and Exchange Commission (SEC) has published a notice regarding NYSE Arca's proposed rule change to expand the Per User Access Fee for the NYSE Aggregated Lite data feed. This change is set to take effect soon, following a solicitation for public comments on the proposal to enhance compliance and operational protocols among market participants.
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