Investment Funds Officially Deregister with SEC After Shutdown
Published Date: 1/7/2026
Notice
Summary
Some investment funds, like DSS AmericaFirst, are officially saying goodbye and asking the SEC to deregister them because they’ve finished closing up shop. This means they’ve paid out all their money to shareholders and covered closing costs, like a $56,755 bill. If anyone wants to speak up, they have until January 27, 2026, to ask for a hearing before the SEC gives the final thumbs-up.
Analyzed Economic Effects
4 provisions identified: 3 benefits, 0 costs, 1 mixed.
Morgan Creek distributions and retained funds
If you held shares in Morgan Creek Global Equity Long/Short Institutional Fund, the fund made liquidating distributions on July 1, 2022, April 1, 2023, and April 1, 2024 and paid $24,103 in liquidation expenses. The fund has retained $3,469,247 to pay outstanding debts and shareholder amounts due after liquidation.
DSS AmericaFirst final payouts and costs
If you owned shares in DSS AmericaFirst Funds, the fund made liquidating distributions to shareholders on September 4, 2025 and October 15, 2025. The fund paid $56,755.98 in expenses related to the liquidation.
Selected International Fund transfer and final distribution
If you held shares of Selected International Fund, the fund transferred its assets to Davis International Fund and made a final distribution to shareholders on November 7, 2025. Reorganization expenses of $87,504.46 were paid by the acquiring fund's investment adviser.
Matrix Advisors Value Fund converted to ETF
If you owned shares in Matrix Advisors Value Fund, the fund transferred its assets to Matrix Advisors Value ETF and made a final pro rata distribution to shareholders on February 12, 2025. Reorganization expenses of $129,479.25 were paid by the fund's investment adviser.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in