Investment Funds Beg SEC: Let Us Team Up on Stock Picks
Published Date: 4/21/2026
Notice
Summary
Alger Next Gen Growth Fund and its partners want permission to team up and invest together in certain companies, even though current rules usually don’t allow it. This change affects some investment funds and could help them work smarter and share opportunities. If no one objects by May 12, 2026, the SEC will approve this plan, potentially opening doors for new joint investments.
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