# 2026-12400: Firm Seeks Official 'Not an Adviser' Ruling

2026-12400, Benjamin Partners LLC, is a Federal Register notice from Securities and Exchange Commission published 2026-06-22, effective 2026-06-03 (as of 2026-06-29).

- Canonical: https://policyrisk.com/federal-register/2026-12400
- As of: 2026-06-29
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12400
- Title: Benjamin Partners LLC
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 37168
- Published: 2026-06-22
- Effective: 2026-06-03
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-29

## In one line

Firm Seeks Official 'Not an Adviser' Ruling

## Summary

Benjamin Partners LLC asked the SEC to officially say they’re not an investment adviser under a specific law. This means they want to be treated differently by the rules, and the SEC might approve this unless someone asks for a hearing by July 13, 2026. If you’re interested, you can speak up before then, but no money changes hands right now.

## Effects PRIA read

No economic effects identified for this document.

## Related documents

- [2026-21037](https://policyrisk.com/federal-register/2026-21037): Investment Company Cross Trading, 2026-10-15
- [2026-20466](https://policyrisk.com/federal-register/2026-20466): Adviser and Regulated Fund Custody Rules; Crypto Custody Rules, 2026-10-06
- [2026-19260](https://policyrisk.com/federal-register/2026-19260): Rescission of Rule 14a-8's Federal Regulation of Shareholder Proposals and Amendments to Rule 14a-4, 2026-09-21
- [2026-18424](https://policyrisk.com/federal-register/2026-18424): Political Contributions by Certain Investment Advisers, 2026-09-10
- [2026-18190](https://policyrisk.com/federal-register/2026-18190): Transfer Agent Rules, 2026-09-04
- [2026-17183](https://policyrisk.com/federal-register/2026-17183): Regulation Crypto Assets, 2026-08-21

## Sources
- [2026-12400 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/22/2026-12400/benjamin-partners-llc)
- [2026-12400 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-22/pdf/2026-12400.pdf)

## Related
- [Previous: 2026-12398, Sunshine Act Meetings](https://policyrisk.com/federal-register/2026-12398)
- [Next: 2026-12401, Ford Motor Company, Receipt of Petition for Decision of Inconsequential Noncomp…](https://policyrisk.com/federal-register/2026-12401)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12400 (as of 2026-06-29).
