2026-00217Notice

NYSE Drops Plan to Skip Closed-End Fund Meetings

Published Date: 1/9/2026

Notice

Summary

The New York Stock Exchange (NYSE) decided to stop trying to change the rules that would have let certain closed-end funds skip their yearly shareholder meetings. This affects closed-end funds registered under the Investment Company Act of 1940, meaning they still have to hold these meetings. No changes to timing or costs will happen because the rule change was withdrawn.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Closed‑end funds keep annual meetings

If you own shares in a closed-end fund registered under the Investment Company Act of 1940, the fund must continue to hold its annual shareholder meeting. The NYSE filed a proposal on June 6, 2025 (published June 17, 2025) to exempt these funds but withdrew that proposed rule on January 5, 2026, so no timing or cost changes will occur.

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Key Dates

Effective Date
Published Date
1/5/2026
1/9/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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