Search Results for keywords:"exemption application"

The Securities and Exchange Commission has received an application from The RBB Fund, Inc., Red Gate Advisers, LLC, and Herald Investment Marketing, LLC for an exemption that would allow certain Shielded Alpha ETFs to issue and redeem shares only in large groups, permit trading at market prices rather than net asset value, and allow certain affiliated transactions. The goal is to align with a previous order's conditions to enable the operation of Shielded Alpha ETFs. A hearing request can be made before February 25, 2021, if there are concerns about the proposed exemptions.

The Securities and Exchange Commission issued a temporary order and notice regarding an application from The Toronto-Dominion Bank and others for exemption from certain provisions of the Investment Company Act due to guilty pleas by TD Bank US Holding Company and TD Bank, N.A., related to anti-money laundering failures. The application seeks to exempt Epoch Investment Partners and other affiliated entities from disqualification rules that would negatively impact their ability to provide investment services to funds. The applicants argue that the misconduct was limited to certain entities and didn't involve Epoch, and they have taken steps to improve compliance practices. The temporary order allows them to continue services until a decision on a permanent order is made.

The Securities and Exchange Commission (SEC) has announced a notice regarding an application for exemption from certain sections of the Investment Company Act of 1940. AMG Comvest Senior Lending Fund and Comvest Credit Managers, LLC are seeking permission to allow business development companies to issue multiple classes of shares with different sales charges and fees. The application was initially filed in July 2024 and has been amended twice since then. Interested parties have until March 13, 2025, to request a hearing on the application.

The Securities and Exchange Commission (SEC) has released a notice about an application by Guardian Variable Products Trust and Park Avenue Institutional Advisers LLC. They are seeking an exemption from the requirement of the Investment Company Act of 1940 that mandates in-person meetings for approving new or amended sub-advisory agreements. The application was filed on December 13, 2024, and the SEC may hold a hearing if requested by interested parties. Hearing requests must be submitted to the SEC by February 18, 2025.

The Federal Motor Carrier Safety Administration (FMCSA) has received applications from 10 individuals seeking exemptions from the hearing requirements that are typically needed to operate commercial motor vehicles interstate. If approved, these exemptions would allow hard of hearing and deaf individuals to drive commercial vehicles across state lines. The public is invited to comment on these exemption requests by January 27, 2025, using various methods, such as online submission, mail, or fax. The FMCSA will review all submissions to determine if the exemptions maintain an equivalent or greater level of safety.

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.

The Federal Motor Carrier Safety Administration (FMCSA) is inviting public comments on an application from Bianco Trucking Services, LLC for an exemption. This exemption would allow drivers aged 18 to 20, who have a Wisconsin State-issued commercial learner's permit with certain restrictions, to attend driver training in Michigan. The training facility is listed on the FMCSA's Training Provider Registry and is conveniently located near the Wisconsin border. The FMCSA is accepting comments on this exemption request until February 14, 2025.

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.

The Securities and Exchange Commission (SEC) has received an application from Carlyle Global Credit Investment Management L.L.C. and Carlyle Credit Solutions, Inc. seeking an exemption to let certain investment companies issue different types of shares with varied fees. The application was initially filed in February 2025 and amended in March 2025. The SEC might issue an order granting the exemption unless someone requests a hearing by emailing the SEC by April 11, 2025. Contact details for the SEC and the applicants' legal representatives are provided for further inquiries.