Federal Register #36247

SEC Notice: Application for Exemption to Pay Advisory Fees in Common Stock

This notice from the Securities and Exchange Commission (SEC) concerns a regulatory application, not a procurement opportunity. - Government buyer: Securities and Exchange Commission (SEC) - Applicants: Coatue Innovative Strategies Fund and Coatue Management, L.L.C. - No OEMs, vendors, or commercial products/services are involved - Subject: Application for exemption to allow certain investment companies to pay investment advisory fees in shares of their own common stock - No part numbers, quantities, or technical product requirements - Unique aspect: The request is for a regulatory exemption regarding payment structure, not for the acquisition of goods or services - No procurement or contracting action is being solicited

Description

This notice pertains to an application filed by Coatue Innovative Strategies Fund and Coatue Management, L.L.C. requesting an order under section 6(c) of the Investment Company Act of 1940. The application seeks an exemption from section 23(a)(1) of the Act to permit certain registered closed-end management investment companies and business development companies to pay investment advisory fees in shares of their common stock. The application was filed on June 30, 2026, and amended on July 6 and July 7, 2026. Interested persons may request a hearing by August 3, 2026.

View original listing