Individual Trustees' 1939 Eligibility Form Gets Extension: 9 Forms a Year
Published Date: 6/24/2025
Notice
Summary
The SEC is extending the use of Form T-2, which checks if someone is qualified to be a trustee under the Trust Indenture Act. This form takes about 9 hours to complete and is required for individuals stepping into trustee roles. People have until July 25, 2025, to share their thoughts on this process, but no new costs or big changes are expected.
No Economic Impacts Identified for this Document
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