Search Results for keywords:"investor interests"

Found 2 results

Search Results: keywords:"investor interests"

💰 Only
Oldest Newest
  • 2025-03645 — TCW Direct Lending VII LLC, et al.
    Type:Notice
    Citation:90 FR 11562
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has issued a notice regarding an application under specific sections of the Investment Company Act of 1940. The application seeks permission for TCW Direct Lending VII LLC and its affiliates to carry out an exchange offer, allowing investors to swap their investment units for shares in a related fund called the Extension Fund. This exchange would also involve transferring a proportional share of the company's assets and liabilities to the Extension Fund. A hearing may be requested by interested parties by emailing the Commission by a specified deadline.

    Simple Explanation

    TCW wants to let people swap their current investments for new ones in a different fund, like trading old toys for new ones. Some people worry if this is a good deal for everyone or if some helpers are getting special treatment, and they're asking if someone can make it clearer and fair for everyone.

  • 2021-01833 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Opening Process for Simple Orders
    Type:Notice
    Citation:86 FR 7433
    Reading Time:about 18 minutes

    The Cboe EDGX Exchange, Inc. has proposed a rule change to improve its process for opening trading for simple orders. This change aims to allow trading to start sooner by implementing a "forced opening" if a series is already trading on another exchange, even if certain conditions on Cboe haven't been met. The proposed change prioritizes investor interests and attempts to keep fair competition by allowing orders to start trading as soon as another market has opened them. Additionally, users can manage how their orders are handled during this process, providing flexibility and protecting against unfair trades. The Securities and Exchange Commission (SEC) is allowing this proposed rule to become effective immediately to enhance market efficiency.

    Simple Explanation

    Cboe EDGX Exchange wants to start trading things faster by letting orders open on their market right away if other places have already started trading them, so everything moves more smoothly and fairly. The new rule helps people control their orders better, making sure trades are fair and happen as quickly as possible.