SEC Reviews ETF Trust and Hedgeye Management Proposal
Published Date: 7/27/2026
Notice
Summary
No summary available.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Approve Subadvisory Deals Without Shareholder Vote
The applicants ask the SEC for an exemption under section 6(c) of the Investment Company Act that would let ETF Opportunities Trust and its adviser enter into and materially change subadvisory agreements with subadvisors without getting shareholder approval. This request was filed May 27, 2025 and was most recently amended on July 21, 2026.
Relief From Fee Disclosure Requirements
The applicants also ask the SEC to exempt them from certain disclosure rules about fees paid to subadvisors, including relief from section 15(a) of the Act and disclosure requirements in rule 20a-1, Item 19(a)(3) of Form N-1A, Items 22(c)(1)(ii), 22(c)(1)(iii), 22(c)(8) and 22(c)(9) of Schedule 14A, and sections 6-07(2)(a), (b), and (c) of Regulation S-X. That relief would limit the required public disclosures about subadvisor fees for the applicants if granted.
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