📑SEC Notice
The SEC is submitting a request for an extension of information collection activities related to Rule 18a-4, which mandates segregation requirements for security-based swap transactions. The rule affects non-broker-dealer security-based swap dealers and participants by requiring reporting and compliance to ensure custodial responsibilities towards customers are met.
Learn More📈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.
Learn More📊SEC Requests Comments on Investment Company Compliance Rule
The Securities and Exchange Commission seeks public comments on the proposed collection of information related to Rule 18f-1 and Form N-18F-1. This rule outlines requirements for registered investment companies that opt for cash redemptions, with a focus on the reduction of reporting burdens and the necessity of compliance.
Learn More📈SEC Notice
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 Co-Investment Order Application for BDCs
The SEC has issued a notice regarding an application for an order that would allow certain business development companies and investment entities to engage in co-investment activities. This application seeks regulatory approval under the Investment Company Act to permit joint transactions that are typically prohibited, enhancing collaboration in portfolio investments among applicants.
Learn More📉SEC Plans to Cancel Municipal Advisor Registration for Melio & Company
The SEC announces its intention to cancel the registration of Melio & Company, LLC as a municipal advisor due to failure to meet ongoing reporting and registration requirements. Interested parties may request a hearing before cancellation is finalized. This highlights the importance of compliance with SEC regulations for municipal advisors.
Learn More📈Nasdaq MRX Proposes Changes to Options Trading Fees
The Nasdaq MRX has announced a proposed rule change regarding adjustments to its SQF Port and SQF Purge Port fees, impacting Market Makers. The amendments include a new pricing structure and the removal of fee waivers, set to become effective starting January 1, 2026. The changes aim to align MRX fees with those of other exchanges while removing current caps on fees.
Learn More📝SEC Announces Comment Request on Form S-8 Compliance Requirements
The SEC is soliciting comments on the proposed extension of Form S-8, which facilitates the registration of securities in connection with employee benefit plans. The notice highlights the agency's efforts to ensure adequate investor information and the associated information collection burden on businesses, including time and cost estimates for compliance activities.
Learn More🏢SEC Proposes Extension for Form S-11 Registration Statement
The Securities and Exchange Commission is soliciting comments on the proposed extension of Form S-11, the registration statement for real estate investment trusts. This initiative follows the Paperwork Reduction Act and aims to ensure adequate information is available to investors regarding securities offerings. The estimated burden of compliance includes internal and external time commitments and associated costs for issuers, reflecting the importance of these processes in the financial market.
Learn More🔒SEC Sunshine Act Meeting Notice and Business Implications
The SEC has scheduled a closed meeting to consider various enforcement matters, including litigations and administrative proceedings. Attendance will be limited to key commission personnel, and any changes in meeting details will be communicated via their website. This meeting may influence regulatory compliance practices for affected businesses.
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