Search Results for citation:"89 FR 105162"

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Search Results: citation:"89 FR 105162"

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  • 2024-31060 — Sunshine Act Meetings
    Type:Notice
    Citation:89 FR 105162
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is holding a closed meeting on Friday, December 20, 2024, at 1:30 p.m. This meeting will be conducted remotely or at the SEC's headquarters in Washington, D.C. Only certain staff members and officials, including Commissioners and recording secretaries, will attend to discuss matters like injunctive actions, administrative proceedings, and enforcement issues. The meeting is not open to the public, and any changes to the meeting details will be posted on the SEC's website. For more information, Vanessa A. Countryman can be contacted at the Office of the Secretary.

    Simple Explanation

    The SEC is having a private meeting to talk about some important things they can't share with everyone, like preventing people from breaking certain rules. They're following special rules that let them keep the meeting secret for now.

  • 2024-30689 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Exempt Closed-End Management Investment Companies Registered Under the Investment Company Act of 1940 From the Annual Meeting of Shareholders Requirement Set Forth in Exchange Rule 14.10(f)
    Type:Notice
    Citation:89 FR 105162
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) is reviewing a proposed rule change submitted by the Cboe BZX Exchange, Inc.. This proposal seeks to allow closed-end management investment companies that are registered under the Investment Company Act of 1940 to bypass the annual meeting of shareholders, as required by Exchange Rule 14.10(f). The SEC initially designated a longer period for decision-making to ensure they thoroughly evaluate the proposal and any comments received. They have now extended the deadline to either approve or disapprove this change to March 12, 2025, providing more time for consideration.

    Simple Explanation

    The Securities and Exchange Commission (SEC) is deciding whether to allow some special types of investment companies to skip having a big yearly meeting, and they need more time to think about it, so they moved the decision to next March. They want to make sure they're making the right decision, so they're taking extra time to look at all the details and any comments from people who are interested.