Search Results for citation:"90 FR 18719"

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Search Results: citation:"90 FR 18719"

  • Type:Notice
    Citation:90 FR 18719
    Reading Time:about 3 minutes

    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.

  • Type:Notice
    Citation:90 FR 18719
    Reading Time:about a minute or two

    Cboe Exchange, Inc. proposed a change to its rules to allow the listing and trading of options on Commodity-Based Trust Shares. The proposal was filed with the Securities and Exchange Commission (SEC) and published for public comment. Normally, the SEC has 45 days to decide on such proposals, but it extended the period to June 17, 2025, to have more time to consider it. This decision was made to ensure a thorough review of the proposed change.

    Simple Explanation

    The Cboe Exchange wants to make a change to let people trade options based on certain types of commodities, like gold or oil. The group in charge of making sure this is okay, the SEC, asked for more time to think about it, so they will decide by June 17, 2025.