Manulife Wants Special SEC Pass for Staff-Only Funds
Published Date: 7/6/2026
Notice
Summary
Manulife Investment Management is asking the SEC for special permission to create investment funds just for their employees, letting them skip some usual rules. This change mainly affects Manulife’s staff and could speed up how these funds work, with a decision expected by late July 2026. If you want to speak up, you have until July 27 to request a hearing.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Broad Exemptions From Investment Company Act
Applicants request an order exempting these employee Funds from all provisions of the Investment Company Act except sections 9, 17, 30, and 36 through 53, and certain rules; they also request limited exemptions for specified subsections of section 17, sections 30(a),(b),(e),(h), and rule 38a-1. The SEC will issue an order unless it orders a hearing; hearing requests must be received by 2026-07-27.
Employee‑Only Investment Funds Allowed
Manulife asked the SEC for permission to form investment Funds organized primarily for the benefit of eligible Manulife employees. The application (filed March 14, 2025 and amended on October 3, 2025; April 16, 2026; and May 22, 2026) would treat each Fund or series as an "employees' securities company" under the Investment Company Act.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-13521 — Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt a Policy Relating to the Exchange's Treatment of Trade Reports
NYSE Texas just rolled out a new policy to handle trade reports that don’t match the usual market prices. This change affects traders and investors by making sure weird or off-price trades don’t mess up the market’s true picture. The policy is effective immediately, helping keep trading fair and clear without any extra costs.
2026-13532 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule Regarding Fees and Rebates Applicable to Manual Transactions
Starting now, NYSE American is changing how it charges fees and gives rebates for manual options trades. Market Makers will see updated fees on non-Penny stocks, and Floor Brokers will get new rebates when they trade with Market Makers on the floor. These changes kick in immediately and could affect how much traders pay or earn during manual transactions.
Previous / Next Documents
Previous: 2026-13567 — Carbon and Certain Alloy Steel Wire Rod from Mexico: Final Results of Antidumping Duty Administrative Review; 2023-2024
The U.S. Department of Commerce found that Mexican companies Deacero and Deacero Summit sold certain steel wire rods in the U.S. at unfairly low prices from October 2023 to September 2024. Because of this, they’ll face extra duties (taxes) to level the playing field for American steel makers. These changes kick in starting July 6, 2026, and could affect prices and trade between the U.S. and Mexico.
Next: 2026-13570 — Administrative Declaration of a Disaster for the State of New York
New York got hit hard by storms and flooding starting May 20, 2026, especially Queens and nearby counties. The government declared it a disaster, so homeowners, businesses, and nonprofits can now apply for low-interest loans to fix damage or cover lost income. Act fast—physical damage loans close August 31, 2026, and economic injury loans are available until March 30, 2027.