Federal Register #Investment Company Act Release No. 36090, 812-15953

SEC Notice: Application for Exemption by The RBB Fund Trust and Opal Capital LLC

This notice from the Securities and Exchange Commission (SEC) informs the public about an application for exemption submitted by The RBB Fund Trust and Opal Capital LLC. - Government Buyer: - Securities and Exchange Commission (SEC) - Applicants: - The RBB Fund Trust - Opal Capital LLC - Purpose of Notice: - Application seeks exemption under the Investment Company Act of 1940 - Requests relief from Section 15(a) and certain disclosure requirements - Would allow entering into and amending subadvisory agreements without shareholder approval - Seeks relief from disclosure obligations regarding subadvisory agreements and fees - Procurement Details: - No products or services are being procured - No OEMs or vendors are mentioned - Notable Requirements: - Notice is informational and invites interested parties to request a hearing if desired - No contract award or solicitation for goods/services is involved

Description

This notice from the Securities and Exchange Commission announces the filing of an application by The RBB Fund Trust and Opal Capital LLC seeking an exemption under the Investment Company Act of 1940. The exemption would allow the applicants to enter into and materially amend subadvisory agreements without shareholder approval and provide relief from certain disclosure requirements related to fees paid to subadvisers. Interested parties may request a hearing by May 11, 2026.

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