💼SEC Proposed Rule 206(4)-2 Collection Comment Request
The SEC notifies about the proposed extension of information collection under Rule 206(4)-2, governing the custody of client funds by registered investment advisers. It highlights key compliance requirements, including maintaining custody with qualified custodians and conducting surprise asset examinations, to enhance protection for advisory clients.
Learn More📉Notice on Deregistration Applications Under Investment Company Act
Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Dates: The application was filed on February 28, 2025 and amended on April 15, 2025. Applicant's Address: 1601 Utica Avenue South, Suite 1000, Minneapolis, Minnesota 55416.
Learn More💼SEC Notice on Goldman Sachs BDC Joint Transactions Application
The SEC has issued a notice regarding an application to permit business development companies to co-invest with each other and affiliated entities. This includes streamlined terms compared to previous orders. The notice outlines the process for requesting a hearing on this application and provides details about the applicants involved.
Learn More📈NYSE Arca Proposes Options on Commodity-Based Trust Shares
The Securities and Exchange Commission has received a proposed rule change from NYSE Arca to amend Rule 5.3-O, allowing the Exchange to list and trade options on Commodity-Based Trust Shares. The SEC has designated an extended period for action on this proposal, indicating thorough consideration of its implications.
Learn More📊SEC Proposes Extension for Form Custody Compliance Requirements
The Securities and Exchange Commission (SEC) is soliciting comments on the existing collection of information under Form Custody, mandated for broker-dealers to report on the custody of customer and non-customer assets. This regulation is critical for ensuring compliance and operational transparency within the financial sector.
Learn More📈SEC Notice on Bitwise Bitcoin and Ethereum ETF Rule Change
The SEC has extended the review period for NYSE Arca's proposed rule change to list and trade shares of the Bitwise Bitcoin and Ethereum ETF. This decision allows the Commission additional time to consider the implications and comments related to the proposal, which aims to facilitate trading of cryptocurrency-based trust shares under specific regulatory frameworks.
Learn More📈Nasdaq Designates Extended Review for Canary HBAR ETF Trading
The SEC has announced an extension for its decision on the proposed rule change to list and trade shares of the Canary HBAR ETF under Nasdaq Rule 5711(d). The decision to extend the review period allows the Commission to adequately assess the implications of the proposed change, following a prior amendment submitted by The Nasdaq Stock Market LLC.
Learn More📈SEC Extends Review for Grayscale Polkadot Trust Listing
The Securities and Exchange Commission (SEC) has announced the extension of the review period for a proposed rule change to list and trade shares of the Grayscale Polkadot Trust under Nasdaq Rule 5711(d). This extension allows the SEC more time to evaluate the proposal and any related concerns before making a decision.
Learn More📜SEC Sunshine Act Meeting
The SEC's closed Sunshine Act meeting will address significant regulatory matters, including injunctive actions, administrative proceedings, and enforcement litigation. While the session will be closed to the public, the topics considered may have profound implications for businesses involved in legal or regulatory challenges, highlighting the importance of compliance and awareness in an evolving regulatory landscape.
Learn More📈SEC Notice on Ardian Access LLC Exemption Application Overview
The SEC has issued a notice regarding Ardian Access LLC and Ardian US LLC's application for exemptions under the Investment Company Act of 1940. The request seeks to allow registered closed-end investment companies to issue multiple classes of shares with different sales loads and distribution fees, aimed at enhancing their operational flexibility.
Learn More