Parvin Fund Gets SEC Nod: Business as Usual
Published Date: 8/17/2026
Notice
Summary
No summary available.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
Permit Early Withdrawal Charges
The applicants asked the SEC for an order permitting certain registered closed-end funds to impose early withdrawal charges on investors who redeem shares before a specified time. The application was filed on June 8, 2026 and amended on July 13, 2026; persons may request a hearing by September 7, 2026.
Allow Asset-Based Distribution/Service Fees
The applicants requested permission to impose asset-based distribution and/or service fees on certain registered closed-end investment companies. The filing date was June 8, 2026 with an amendment on July 13, 2026; the SEC may act unless a hearing is requested by September 7, 2026.
Allow Funds to Offer Multiple Share Classes
The applicants asked the SEC for permission to let certain registered closed-end investment companies issue more than one class of shares. The application was filed on June 8, 2026 and amended on July 13, 2026; the SEC may issue an order unless a hearing is requested by 5:30 p.m. Eastern on September 7, 2026.
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