SEC Seeks Feedback to Extend Obscure Trustee Eligibility Form T-1
Published Date: 3/11/2025
Notice
Summary
The SEC wants to keep using Form T-1, which helps check if a company can be a trustee under a special law from 1939. This form takes about 15 hours to fill out, with only two companies doing it each year. They’re asking for your thoughts by May 12, 2025, to make sure the process is clear and not too much work.
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