The Securities and Exchange Commission (SEC) has issued a notice regarding an application from Kurv ETF Trust and Kurv Investment Management LLC. They are seeking an exemption that would allow them to make changes to subadvisory agreements without needing shareholder approval. Additionally, the exemption would provide relief from certain disclosure requirements concerning fees paid to subadvisors. Interested parties can request a hearing by January 13, 2025, by emailing the SEC, and they must provide proof of service to the Applicants.
Simple Explanation
Kurv ETF Trust and Kurv Investment Management want special permission to change their helpers without asking the people who own parts of their company, and they also want to keep some money information secret. People can tell the SEC if they want to talk about this by January 13, 2025.