The Securities and Exchange Commission (SEC) has issued a notice regarding applications for deregistration under section 8(f) of the Investment Company Act of 1940. This notice lists several investment companies, including the AB CarVal Opportunistic Credit Fund, Federated Hermes Government Income Securities, Inc., PMF Fund, L.P., PMF TEI Fund, and Stock Dividend Fund, Inc., that have either transferred assets, made liquidating distributions, or never publicly offered securities and now seek to be declared as no longer being investment companies. Interested parties can request a hearing by contacting the SEC by May 20, 2025.
Simple Explanation
The SEC is telling some companies that they can stop being tracked as special "investment companies" because they don't sell shares to people. You can ask questions or share your thoughts about this, but you need to let the SEC know by May 20, 2025.