Search Results for citation:"90 FR 10107"

Found 2 results
Skip to main content

Search Results: citation:"90 FR 10107"

  • Type:Notice
    Citation:90 FR 10107
    Reading Time:about 3 minutes

    The Department of State has announced the addition of certain individuals to a list managed by the Department of Treasury, called the Specially Designated Nationals and Blocked Persons List. This action was taken because these individuals were found to be involved in harmful activities directed by the Russian government. As a result, their property under U.S. jurisdiction is blocked, and U.S. citizens are generally prohibited from doing business with them. More details about these sanctions can be found on the Office of Foreign Asset Control's website.

    Simple Explanation

    The U.S. government found some people doing bad things for another country and is stopping those people from using their stuff in the U.S. or doing business with U.S. people.

  • Type:Notice
    Citation:90 FR 10107
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    The Securities and Exchange Commission is thinking about letting two companies, AMG Comvest Senior Lending Fund and Comvest Credit Managers, LLC, sell different kinds of shares with different prices and rules, which isn't normally allowed. They have asked for permission to do this, and people have until March 13, 2025, to say if they want to talk more about it.