💼SEC Notice on Co-Investment Application for Business Development Companies
The Securities and Exchange Commission has announced a notice regarding an application that seeks permission for certain business development companies to co-invest in portfolio companies, aiming to streamline investment practices and foster collaboration among investment firms. Interested parties can request a hearing on the matter.
Learn More📈SEC Meeting Notice on Legal Matters and Administrative Proceedings
The Securities and Exchange Commission is scheduled to hold a closed meeting on April 24, 2025, focusing on various legal and administrative matters including injunctive actions, litigation, and enforcement proceedings. The meeting will be attended by key staff and is closed to the public, emphasizing confidentiality in regulatory discussions.
Learn More📈SEC Notice on Joint Transactions for Investment Companies
The SEC issued a notice regarding an application by MidCap Financial Investment Corporation and others for an order permitting joint transactions among business development companies under the Investment Company Act. This includes streamlined conditions compared to previous orders, impacting future investment strategies and compliance requirements for involved firms.
Learn More📈SEC Notice on Investment Company Exemption for Multiple Share Classes
This SEC notice addresses an application under the Investment Company Act for HPS Corporate Lending Fund and affiliates seeking an exemption to issue various classes of shares. It outlines potential hearing processes and relevant contacts while providing a framework for how regulated entities may adjust their share issuance practices.
Learn More📈SEC Updates EDGAR Filer Manual
The Securities and Exchange Commission ("Commission") is adopting amendments to Volume II of the Electronic Data Gathering, Analysis, and Retrieval system Filer Manual ("EDGAR Filer Manual" or "Filer Manual") and related rules and forms. Version 73 of Volume II of the Filer Manual reflects and identifies changes to EDGAR made in connection with Release 25.1, and Version 74 of Volume II of the Filer Manual synthesizes changes from Version 73 with changes to EDGAR made in connection with the Commission's September 27, 2024, EDGAR Filer Access and Account Management rulemaking ("EDGAR Next"). The Commission is incorporating by reference Version 74 of Volume II.
Learn More📈SEC Extends Review Period for WisdomTree Bitcoin Fund Rule Change
The SEC has issued a notice regarding an extension on the review period for a proposed rule change by the Cboe BZX Exchange, which seeks to amend regulations governing the listing and trading of shares in the WisdomTree Bitcoin Fund, specifically to enable in-kind creations and redemptions.
Learn More📈Updates on SEC Rule 12d3-1
The Securities and Exchange Commission is proposing a collection of information regarding Rule 12d3-1 under the Investment Company Act of 1940. This rule allows funds to invest a small percentage of their assets in securities from businesses involved in securities-related activities, while requiring amendments to subadvisory contracts to avoid conflicts of interest, enhancing operational transparency and compliance requirements.
Learn More📈Proposed Changes for Options Trading on Ether Funds
The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change by NYSE American to permit the listing and trading of options on Ether Funds such as iShares Ethereum Trust ETF and Fidelity Ethereum Fund. This change aims to enhance trading opportunities for investors and improve market efficiency by providing easier access to ether-related products.
Learn More📈SEC Proposes Rules for Fidelity Ethereum Fund Options Trading
The SEC published a notice proposing to amend trading rules to allow options on the Fidelity Ethereum Fund, categorized as an ETF. The move aims to enhance market accessibility and transparency in Ethereum investments, providing new opportunities for investors while maintaining compliance with existing regulations.
Learn More📈SEC Approves Options Trading on iShares Ethereum Trust
The SEC announces a proposed rule change regarding the listing and trading of options on the iShares Ethereum Trust by the Miami International Securities Exchange. This regulatory update aims to enhance market access and provide investors with new alternatives to gain exposure to Ethereum, promoting greater trading flexibility in financial markets.
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