Notice
4 Feb 2025
sec, regulations, investment company act, disclosure requirements, subadvisory agreements
📈SEC Notice on RBB Fund Trust and Tweedy Browne LLC Application
The SEC has issued a notice regarding an application from The RBB Fund Trust and Tweedy, Browne Company LLC for an exemption under the Investment Company Act of 1940. The exemption seeks to ease the process for amending subadvisory agreements without needing shareholder approval and reduce certain disclosure obligations.
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