Notice
10 Jul 2025
regulatory compliance, securities, investment, financial services, exemption, wedbush
📈SEC Notice on Wedbush Fund Exemption Application Analysis
The SEC issued a notice regarding an application from Wedbush Series Trust and Wedbush Fund Advisers, LLC for exemptions under the Investment Company Act of 1940. This would allow them to amend subadvisory agreements without needing shareholder approval and reduce specific disclosure requirements related to fees, subject to potential hearings.
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