Search Results for keywords:"hearing request deadline"

Found 4 results

Search Results: keywords:"hearing request deadline"

💰 Only
Oldest Newest
  • 2025-02490 — SEG Partners Long/Short Equity Fund and Select Equity Group, L.P.
    Type:Notice
    Citation:90 FR 9450
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has released a notice regarding an application from SEG Partners Long/Short Equity Fund and Select Equity Group, L.P. These companies are seeking an exemption to allow them to issue multiple classes of shares, and to charge early withdrawal fees as well as asset-based distribution and service fees. The application was filed on January 6, 2025, and a decision granting this request will be made unless a hearing is requested by interested parties. The deadline for hearing requests is March 3, 2025, and more information can be found on the SEC's website.

    Simple Explanation

    The big people at the SEC are thinking about letting some companies try something new with their money rules, like having different kinds of stocks and charging fees if people take their money out early. If nobody asks for a big meeting to talk about it by March 3, 2025, they might say yes to this idea.

  • 2025-04997 — North Haven Private Income Fund LLC, et al.
    Type:Notice
    Citation:90 FR 13652
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice about an application submitted by North Haven Private Income Fund LLC and related entities. These companies have requested permission to issue multiple classes of shares with different sales charges and distribution fees. The SEC will issue an order to grant this request unless someone requests a hearing. Hearing requests must be submitted to the SEC by April 14, 2025, and should explain why the hearing is necessary.

    Simple Explanation

    The SEC is looking at a request from some companies that want to sell different types of shares with special rules. They will say yes to this request unless someone asks for a meeting before April 14, 2025, and explains why it's needed.

  • 2025-04898 — Barings LLC and Barings Private Credit Corporation
    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.

  • 2024-29314 — Global X Venture Fund and Global X Management Company, LLC
    Type:Notice
    Citation:89 FR 101057
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is considering an application from Global X Venture Fund and Global X Management Company, LLC. The application seeks permission for certain registered closed-end investment companies to offer multiple classes of shares and to impose early withdrawal charges and fees for distribution and services. If no hearing is scheduled, the SEC may grant the requested relief after reviewing any submissions. People interested in a hearing can request one by contacting the SEC through the provided email by January 3, 2025.

    Simple Explanation

    The SEC is thinking about letting Global X Venture Fund ask people for money in different ways, like having different types of shares, and charging fees if people want to take their money out early. If no one asks for a meeting, the SEC might say yes after reading people's opinions.