SEC Extends Rule for Funds' Tiny Investment Slices
Published Date: 7/15/2025
Notice
Summary
The SEC is asking to keep Rule 12d3-1 going, which lets investment funds buy a small slice (up to 5%) of certain securities from companies linked to their advisers without breaking the rules. This mainly affects about 49 funds a year that make special deals with subadvisers, saving them time and hassle. No big costs or changes, just a smooth extension to keep things running through paperwork updates.
No Economic Impacts Identified for this Document
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