📈SEC Notice on Exemption for Investment Fund Share Classes
The Securities and Exchange Commission has issued a notice regarding an application for an exemption under the Investment Company Act, allowing registered funds to issue multiple classes of shares with different sales loads and fees. Interested parties can request a hearing on the matter before July 28, 2025.
Learn More📈SEC Closed Meeting Notice
The SEC has scheduled a closed meeting to discuss several topics including injunctive actions and litigation resolutions that could affect ongoing regulatory matters. Attendance is limited to select officials and staff, with potential impacts on business compliance and regulatory practices highlighted. Changes to meeting details will be posted on the SEC website.
Learn More📊SEC Proposes Extension for Form Custody Filing Compliance
The SEC is requesting an extension for the collection of information related to Form Custody, which requires broker-dealers to report on asset custody. This process is crucial for regulatory oversight and entails significant compliance costs, impacting approximately 3,470 entities in the securities industry. Comments are invited to enhance the collection's quality and feasibility.
Learn More📄SEC Comments on Proposed Collection for Form F-8 Registration
The SEC is seeking public comments on the proposed collection of information related to Form F-8, a registration statement used by certain Canadian issuers for exchange offers and business combinations under the U.S. Securities Act. The notice highlights the importance of the form in improving efficiency and aiding investors in decision-making.
Learn More💼SEC Notice for Lord Abbett Funds on Investment Company Act Exemption
The Securities and Exchange Commission announces an application for an exemption from specific provisions of the Investment Company Act, allowing Lord Abbett Credit Opportunities Fund and related entities to make monthly repurchase offers on their shares. The notice outlines the conditions and procedures for interested parties to request a hearing on the application.
Learn More📈Analysis of SEC Rule Change for MX2 Options Trading
The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change for MX2 Options, detailing the terms, purpose, and significant aspects of the new electronic trading system for options. The proposal emphasizes compliance with regulatory standards, member participation, and market maker obligations, seeking to enhance the current trading framework.
Learn More📄Proposed Rule 14f-1 Change Requires New Director Information
The SEC is proposing a revision to Rule 14f-1 regarding the information that issuers must provide when directors are elected outside of a security holders' meeting. This follows the Paperwork Reduction Act, aiming to streamline the information collection process related to director nominations. Comments are invited to enhance the effectiveness and clarity of this information request.
Learn More📈SEC Notice on Nasdaq ISE Proposed Rule Change for Options Trading
The Securities and Exchange Commission issued a notice regarding Nasdaq ISE's proposed amendment to the Short Term Option Series Program, allowing for additional expirations for options on individual stocks and ETFs. This regulatory development aims to provide more trading opportunities and will undergo further review by the SEC before approval.
Learn More📈SEC's Proposed Rule Change on Bitcoin Options Trading
The SEC has published a notice regarding the proposed rule change concerning position and exercise limits for options on the iShares Bitcoin Trust ETF. The notice seeks to define the trading practices associated with these options and ensure adequate review and comments from market participants, marking an important regulatory consideration for cryptocurrency trading.
Learn More📉Notice of Applications for Deregistration Under Investment Company Act
Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On February 3, 2025 and May 16, 2025, applicant made liquidating distributions to its shareholders based on net asset value. No expenses were incurred in connection with the liquidation. Filing Dates: The application was filed on May 21, 2025 and amended on June 24, 2025. Applicant's Address: 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.
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