Fund Seeks Fast SEC Blessing to Hide Fees From Investors
Published Date: 6/23/2026
Notice
Summary
The RBB Fund Trust and Seven Post Investment Office LP want permission to change their subadvisory agreements without asking shareholders first and to keep some fee details private. This could speed up how they manage investments and handle fees. If no one objects by July 13, 2026, the SEC will approve these changes.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Fee Disclosure Relief for Subadvisers
The applicants requested relief from certain SEC disclosure rules so that fees paid to subadvisers need not be disclosed as currently required. The application was filed May 8, 2026; the SEC will issue an order unless a hearing is requested by July 13, 2026.
Change Subadviser Deals Without Vote
The RBB Fund Trust and Seven Post Investment Office LP asked the SEC for permission to enter into and materially change subadvisory agreements without getting shareholder approval. The application was filed May 8, 2026, and the SEC will issue an order unless a hearing is requested by July 13, 2026.
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