Opportunity
Federal Register #2026-05752
SEC Notice: Application for Exemptions by 2023 ETF Series Trust
Securities and Exchange Commission
March 25, 2026
April 14, 2026
2026-05752
This notice from the Securities and Exchange Commission (SEC) addresses a regulatory application, not a procurement opportunity. - Government Buyer: - Securities and Exchange Commission (SEC) - Applicants: - 2023 ETF Series Trust - Pictet Asset Management SA - Pictet Asset Management Ltd. - Purpose of Notice: - Application for exemptions under the Investment Company Act of 1940 - Seeks relief to: - Enter into and amend subadvisory agreements with certain subadvisers without shareholder approval - Waive specific disclosure requirements regarding fees paid to subadvisers - Products/Services: - No products or services are being procured - No part numbers or quantities listed - Notable Requirements: - Regulatory relief only; no procurement or contracting activity involved - Addresses investment management and disclosure rules, not acquisition of goods or services
Description
This notice from the Securities and Exchange Commission announces an application filed by the 2023 ETF Series Trust seeking exemptions under the Investment Company Act of 1940. The application requests relief to allow entering into and materially amending subadvisory agreements without shareholder approval and to waive certain disclosure requirements related to fees paid to subadvisers. The filing was made on October 23, 2025, and amended on March 4, 2026, with a public comment period ending April 14, 2026.