Search Results for keywords:"disclosure requirements"

The Board of Governors of the Federal Reserve System is asking for public comments on its plan to continue the recordkeeping and disclosure requirements for Regulation II for three more years without changes. This regulation affects debit card issuers and payment card networks, which must develop fraud-prevention policies and notify payment networks about their eligibility for a fraud-prevention adjustment. The public has until March 14, 2025, to submit feedback on aspects like the necessity, accuracy, and impact of this information collection.

The Securities and Exchange Commission (SEC) has announced a notice regarding an application submitted by Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC. This application seeks an exemption from certain requirements under the Investment Company Act of 1940, which would allow the applicants to modify agreements with subadvisers without needing shareholder approval. Additionally, the exemption would provide relief from some disclosure rules related to the fees paid to these subadvisers. Interested individuals can request a hearing on this matter by March 3, 2025.

The Federal Communications Commission (FCC) is seeking public feedback on a proposed information collection as part of efforts to reduce paperwork, as mandated by the Paperwork Reduction Act of 1995. They are interested in opinions on the necessity, effectiveness, accuracy, and burden of the information collection process, especially for small businesses. This notice is linked to rules requiring providers to disclose exclusive marketing arrangements in multi-tenant environments to promote competition and transparency. Interested parties should send their comments by March 17, 2025.

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.

The Securities and Exchange Commission (SEC) has released a notice concerning an application by The Advisors' Inner Circle Fund and Pathstone Family Office, LLC. They are seeking an exemption from certain regulations under the Investment Company Act of 1940 to allow hiring and replacing sub-advisers without shareholder approval. This would also grant relief from some disclosure rules related to fees paid to these sub-advisers. The goal is to streamline the process and reduce unnecessary delays and costs for the funds involved.

The Board of Governors of the Federal Reserve System is inviting public comments on their proposal to extend, for three years, the current reporting, recordkeeping, and disclosure requirements as specified under Regulation NN. This regulation pertains to retail foreign exchange transactions carried out by various banking institutions. Specifically, they are seeking feedback on the necessity and utility of this information collection, the accuracy of their burden estimates, and ways to improve the quality and efficiency of the data collection process. Comments must be submitted by April 7, 2025, and all received comments will be open for public viewing.

The Securities and Exchange Commission (SEC) is considering an application from Fidelity Covington Trust and others to amend a prior order, allowing certain funds to expand their investment options beyond what's currently permitted. The proposal suggests that these funds be able to invest in additional securities, such as fixed income and foreign investments, while adhering to new disclosure requirements to ensure transparency. The application argues that the flexibility in investments would not lead to confusion among investors and wouldn't negatively affect the fund's performance or operations. If granted, the new order would continue to meet the regulatory standards needed for exemption under various sections of the Investment Company Act.

The Board of Governors of the Federal Reserve System has decided to extend, for three years, the requirements for disclosure connected with Regulation H, which concerns consumer protection in sales of insurance. This extension does not introduce any changes to the current requirements. Regulation H, implemented in 2000, mandates that banks provide certain information to consumers about insurance products or annuities in advertisements and credit applications. The extension, published for public comment in 2024, received no comments and will proceed as planned.

The Securities and Exchange Commission (SEC) is asking for public comments on its existing information collection concerning Credit Risk Retention, also known as Regulation RR. This rule involves recordkeeping and disclosure requirements, which relate to the Securities Exchange Act and the Sarbanes-Oxley Act. The SEC estimates that about 1,647 companies report under this rule, with each response taking about 14.389 hours to prepare. Feedback is requested on the necessity, accuracy, and ways to improve this information collection process within 60 days of the notice's publication.

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.