# 2026-12865: Another Fund Seeks Approval for New Fee Structure

2026-12865, Nilsine Partners NP1X Fund and Nilsine Partners, LLC, is a Federal Register notice from Securities and Exchange Commission published 2026-06-26, effective The application was filed on February 18, 2026, and amended on April 22, 2026, and June 1, 2026.; PRIA reads it as touching household money (as of 2026-07-03).

- Canonical: https://policyrisk.com/federal-register/2026-12865
- As of: 2026-07-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12865
- Title: Nilsine Partners NP1X Fund and Nilsine Partners, LLC
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 38747
- Published: 2026-06-26
- Effective: The application was filed on February 18, 2026, and amended on April 22, 2026, and June 1, 2026.
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-07-03

## In one line

Another Fund Seeks Approval for New Fee Structure

## Summary

Nilsine Partners NP1X Fund and Nilsine Partners, LLC asked the SEC for permission to offer different types of shares with fees based on assets, plus early withdrawal charges. This affects investors in these funds by potentially changing how fees work and when they pay them. The SEC will decide by July 20, 2026, unless someone asks for a hearing.

## Effects PRIA read

- New Share Classes and Fees: cost, medium. If you invest in certain closed-end funds, those funds have asked the SEC for permission to offer multiple classes of shares and to charge asset-based distribution or service fees and early withdrawal charges. This could change how and when you pay fees for these funds. The SEC will act unless a he…

## 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
- [2026-12865 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/26/2026-12865/nilsine-partners-np1x-fund-and-nilsine-partners-llc)
- [2026-12865 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-26/pdf/2026-12865.pdf)

## Related
- [Previous: 2026-12864, 900 Conshohocken Rail LLC-Acquisition and Operation Exemption-Rail Line of Clev…](https://policyrisk.com/federal-register/2026-12864)
- [Next: 2026-12866, Third Lake Partners Alternative Yield Strategy Fund and Third Lake Partners, LLC](https://policyrisk.com/federal-register/2026-12866)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12865 (as of 2026-07-03).