Notice 7 Feb 2025 regulations, securities, compliance, investment companies, shareholder meetings

šŸ“ŠWithdrawal of Proposed Rule Change on Shareholder Meetings

The Securities and Exchange Commission formally acknowledged the withdrawal of a proposed rule change by Cboe BZX Exchange, which sought to exempt closed-end management investment companies from annual shareholder meeting requirements. This action underscores the complexities of regulatory compliance for investment companies under the Investment Company Act of 1940.

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