Search Results for citation:"90 FR 8960"

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Search Results: citation:"90 FR 8960"

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  • 2025-02155 — The RBB Fund Trust and First Eagle Investment Management, LLC
    Type:Notice
    Citation:90 FR 8960
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) announced a notice regarding an application under the Investment Company Act of 1940. The application, filed by The RBB Fund Trust and First Eagle Investment Management, LLC, seeks an exemption allowing them to enter into sub-advisory agreements without needing shareholder approval. In addition, they are also requesting relief from certain disclosure requirements concerning fees paid to subadvisers. The SEC will grant this request unless a hearing is ordered, and interested parties can request a hearing by contacting the SEC by February 24, 2025.

    Simple Explanation

    The SEC is thinking about letting a fund and a company make special deals without asking the people who own a piece of the fund. They're also asking not to talk about the money that gets paid to some helpers, but people can ask questions about this before February 24, 2025.

  • 2025-02165 — Proposed Collection; Comment Request; Extension: Appendix F to Rule 15c3-1
    Type:Notice
    Citation:90 FR 8960
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on the existing information collection under Appendix F to Rule 15c3-1 concerning OTC derivatives dealers. Appendix F allows certain derivatives dealers to use specific models for calculating their net capital charges instead of standard methods. Currently, only two dealers are authorized to use Appendix F, and the SEC estimates each will spend around 1,000 hours a year on related reporting. Comments on this collection are invited until April 7, 2025, focusing on its necessity, the SEC's burden estimates, and ways to improve the data collection process.

    Simple Explanation

    The SEC is asking people to share their thoughts about some special rules for two companies who trade in complicated money deals called OTC derivatives. They want to know if the rules are helpful and if the work it takes to follow them is fair.