Submission for OMB Review; Comment Request; Extension: Rule 17Ac2-2 and Form TA-2
Published Date: 1/10/2025
Notice
Summary
The SEC is asking to keep the current rule and form that require transfer agents to report their yearly business activities. About 315 transfer agents spend different amounts of time filling out the form, averaging just over 4 hours each year. This keeps the SEC in the loop to watch over transfer agents without adding new costs or big changes.
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The SEC is asking to keep Rule 30e-2 going, which makes certain investment trusts send clear, detailed financial reports to their investors every six months. This rule helps investors stay informed and confident about where their money is. It also allows trusts to save paper by sending one report to multiple investors at the same address if they agree, making things easier and greener without extra costs or delays.
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