# 2026-12607: Fund Seeks Fast SEC Blessing to Hide Fees From Investors

2026-12607, The RBB Fund Trust and Seven Post Investment Office LP, is a Federal Register notice from Securities and Exchange Commission published 2026-06-23, effective 2026-05-08; PRIA reads it as touching household money (as of 2026-06-30).

- Canonical: https://policyrisk.com/federal-register/2026-12607
- As of: 2026-06-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12607
- Title: The RBB Fund Trust and Seven Post Investment Office LP
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 37443
- Published: 2026-06-23
- Effective: 2026-05-08
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-30

## In one line

Fund Seeks Fast SEC Blessing to Hide Fees From Investors

## 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.

## Effects PRIA read

- Change Subadviser Deals Without Vote: cost, low. 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.
- Fee Disclosure Relief for Subadvisers: cost, medium. 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.

## Related documents

- [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
- [2026-12163](https://policyrisk.com/federal-register/2026-12163): The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS, 2026-06-17

## Sources
- [2026-12607 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/23/2026-12607/the-rbb-fund-trust-and-seven-post-investment-office-lp)
- [2026-12607 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-23/pdf/2026-12607.pdf)

## Related
- [Previous: 2026-12606, Agency Information Collection Activities: Requests for Comments; Clearance of a…](https://policyrisk.com/federal-register/2026-12606)
- [Next: 2026-12608, Silicon Metal From Malaysia: Final Results of Antidumping Duty Administrative R…](https://policyrisk.com/federal-register/2026-12608)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12607 (as of 2026-06-30).