Search Results for keywords:"exemption application"

The Securities and Exchange Commission (SEC) has released a notice regarding an application for exemption requested by Jefferies Credit Management LLC and Jefferies Credit Partners BDC Inc. The applicants seek permission to allow certain registered closed-end investment companies to issue multiple classes of shares with different sales loads and fees. This notice provides information on how individuals can request a hearing regarding the application. Any hearing requests must be submitted to the SEC by April 8, 2025.

The Securities and Exchange Commission (SEC) has issued a notice regarding an application for an exemption under the Investment Company Act of 1940. The application involves the Optimize Growth Equity Fund, Optimize Premium Yield Fund, and Optimize Wealth Management Inc., seeking permission for certain registered closed-end investment companies to make repurchase offers monthly. If someone wishes to contest this application or request a hearing, they must submit their request to the SEC by May 6, 2025. The application details and conditions are available through the SEC's EDGAR system.

The Federal Motor Carrier Safety Administration (FMCSA) is seeking public comments on a request from Yarde Metals, Inc. for an exemption from the rule that requires all exterior vehicle lights to be steady burning. Yarde Metals wants to install an amber brake-activated pulsating lamp on its commercial vehicles for better visibility and safety, alongside the standard steady-burning brake lights. The FMCSA is considering whether allowing these pulsating lamps would maintain or improve safety standards and is inviting the public to comment on this proposal by May 19, 2025.

The Securities and Exchange Commission (SEC) issued a notice about an application for an exemption from certain sections of the Investment Company Act of 1940. The application is from various companies, including Ares Capital Management and Ares Core Infrastructure Fund, seeking permission to offer multiple classes of shares with different sales fees for certain investment companies. The application was initially filed on January 8, 2025, and amended on February 28, 2025. The SEC will grant the requested relief unless a hearing is ordered, and interested individuals can request a hearing by April 7, 2025.

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.

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 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 Securities and Exchange Commission (SEC) is considering an application from HarbourVest Private Investments Fund and HarbourVest Registered Advisers L.P. for an exemption under the Investment Company Act of 1940. This exemption would allow certain registered investment companies to pay advisory fees in shares of their common stock. Interested parties can request a hearing by emailing the SEC and the applicants by March 14, 2025. The application's details and conditions can be accessed through the SEC's EDGAR system.

The Securities and Exchange Commission (SEC) has announced a notice regarding an application submitted by Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC. This application seeks an exemption from certain requirements under the Investment Company Act of 1940, which would allow the applicants to modify agreements with subadvisers without needing shareholder approval. Additionally, the exemption would provide relief from some disclosure rules related to the fees paid to these subadvisers. Interested individuals can request a hearing on this matter by March 3, 2025.

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.