Investment Funds Ask SEC to Let Them Team Up
Published Date: 7/17/2026
Notice
Summary
Cliffwater Corporate Lending Fund and its partners want permission to team up and invest together in the same companies, which usually isn’t allowed. This change affects several investment funds and could help them work smarter and share opportunities. If no one objects by August 10, 2026, the SEC will approve this move, potentially boosting how these funds grow their money.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Cliffwater Funds Seek Co‑Investment Permission
You may be affected if you own shares in the named Cliffwater funds. The funds asked the SEC for permission to co-invest in the same portfolio companies with each other and with certain wholly‑owned subsidiaries. The SEC said it will issue the requested order unless someone requests a hearing by 5:30 p.m. Eastern Time on August 10, 2026.
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!
2026-14405 — Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 100, Definitions, and Rule 204, Members and Persons Associated With a Member Who Are or Become Subject to a Statutory Disqualification
Miami International Securities Exchange (MIAX) is updating its rules to better handle members or people linked to members who face legal disqualifications. These changes match similar updates by another exchange and take effect immediately, ensuring smoother operations and clearer definitions. If you’re involved with MIAX, keep an eye on these new rules—they could affect who can participate and how quickly changes happen.
2026-14403 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Equities Fees and Charges
Starting July 1, 2026, NYSE Arca is giving ETP Holders a break by waiving the Gross FOCUS fee until the end of the year. This means traders won’t pay the usual monthly fee based on their revenue for six months, saving them some cash. The change kicks in immediately and aims to support market participants with lower costs.
Previous / Next Documents
Previous: 2026-14412 — Hours of Service: Colorado Huntsman Transport, Inc. d/b/a Huntsman Transport; Application for Exemptions
Huntsman Transport from Colorado wants special permission to skip some truck marking rules and drive more hours than usually allowed in a week. The government is asking the public to share their thoughts by August 17, 2026, before deciding. If approved, this could change how long Huntsman’s drivers work, possibly speeding up deliveries without extra costs.
Next: 2026-14414 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 15b6-1 and Form BDW
The SEC is asking to keep using Rule 15b6-1 and Form BDW, which let broker-dealers officially quit their registration. About 283 broker-dealers a year spend roughly one hour each to file this form online, so the paperwork stays light and easy. No big changes or costs here—just a smooth extension to keep things running on schedule.