Search Results for citation:"90 FR 13507"

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Search Results: citation:"90 FR 13507"

  • Type:Notice
    Citation:90 FR 13507
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) announced a notification about an application from Barings LLC and Barings Private Credit Corporation. They seek an order that would allow certain investment companies to issue different classes of shares with varying sales loads and fees. The application was initially filed on February 4, 2025, and later amended on March 14, 2025. Interested parties have until April 14, 2025, to request a hearing if they have concerns or objections regarding this application.

    Simple Explanation

    Barings wants permission from a big government group to offer different types of shares that people can buy, where each type might cost more or less to buy and hold. People have until mid-April to say if they're worried about it, but it's not clear yet what all the different share types will be or how they'll affect people buying them.

  • Type:Notice
    Citation:90 FR 13507
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is holding a public roundtable on artificial intelligence in the financial industry. This event will take place on March 27, 2025, at the SEC's headquarters in Washington, DC, starting at 9 a.m. The roundtable aims to gather insights from market participants, academics, and industry professionals regarding the risks, benefits, and governance of AI in the financial sector. The meeting will be open to the public with first-come, first-served seating, and will also be webcast on the SEC's website.

    Simple Explanation

    The SEC is having a big meeting to talk about how computers that think for themselves, like robots, can help and maybe cause problems in money businesses. They want lots of people, like grown-ups who are smart about this stuff, to share their thoughts, and anyone can come to watch or listen online.