Search Results for citation:"89 FR 95256"

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Search Results: citation:"89 FR 95256"

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  • 2024-28194 — Hamilton Lane Private Assets Fund, Hamilton Lane Private Infrastructure Fund, Hamilton Lane Private Secondary Fund and Hamilton Lane Advisors, L.L.C.
    Type:Notice
    Citation:89 FR 95256
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice regarding an application from Hamilton Lane Private Assets Fund and related entities. The applicants seek permission for certain investment companies to pay advisory fees using shares of their own common stock. The public can request a hearing on this matter by contacting the SEC by December 20, 2024. Details of the application, including its legal analysis and conditions, are available on the SEC's website.

    Simple Explanation

    The SEC is thinking about letting some companies pay their advisors with shares of their own stock instead of money. If people have opinions about this or want to talk about it, they need to tell the SEC by December 20, 2024.

  • 2024-28122 — Proposed Collection; Comment Request; Extension: Rule 304 of Regulation ATS
    Type:Notice
    Citation:89 FR 95256
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on the collection of information required by Rule 304 of Regulation ATS. This rule pertains to alternative trading systems and requires them to submit Form ATS-N, providing details about their operations to increase transparency and reduce conflicts of interest. The SEC estimates it takes about 1,901 hours a year for entities to comply with these requirements. Comments on the usefulness and burden of the information collection are invited until January 31, 2025.

    Simple Explanation

    The SEC wants to hear what people think about a rule that asks certain trading places, called alternative trading systems, to fill out a form providing important information about how they work. This rule helps make sure everything is clear and fair, but filling out the form takes a lot of time, so they want to know if it's worth it.