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Federal Register #Investment Company Act Release No. 36031, 812-15987
SEC Notice: Application for Exemptions by Pacer Funds Trust and Pacer Advisors, Inc.
Buyer
Securities and Exchange Commission
Posted
March 25, 2026
Identifier
Investment Company Act Release No. 36031, 812-15987
This notice from the Securities and Exchange Commission (SEC) addresses an application for regulatory exemptions: - Government Buyer: - Securities and Exchange Commission (SEC) - Applicants/Vendors: - Pacer Funds Trust - Pacer Advisors, Inc. - Requested Actions: - Exemptions under the Investment Company Act of 1940 - Permission to enter into and amend subadvisory agreements with subadvisers without shareholder approval - Relief from certain disclosure requirements regarding fees paid to subadvisers - Notable Requirements and Conditions: - Expense allocation and compliance with accounting principles - Procedures for shareholder voting - No products, part numbers, or purchase quantities are specified - No procurement of goods or services is involved; this is a regulatory notice, not a purchasing action
Description
This notice from the Securities and Exchange Commission announces an application filed by Pacer Funds Trust and Pacer Advisors, Inc. seeking exemptions under the Investment Company Act of 1940. The application requests relief to allow entering into and amending subadvisory agreements without shareholder approval and relief from certain disclosure requirements related to fees paid to subadvisers. The notice includes details on filing dates, conditions, and procedures for requesting a hearing.