# Federal Register #812-16051

SEC Notice: Wasatch Funds Trust and Wasatch Advisors LP Application for Multi-Class ETF Fund Exemptions

**Buyer:** Securities and Exchange Commission
**Posted:** September 21, 2026
**Identifier:** 812-16051

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 (vendors):
  - Wasatch Funds Trust
  - Wasatch Advisors LP
- Products/services requested:
  - Regulatory relief to permit a registered open-end management investment company to offer both exchange-traded shares (ETF Class) and non-exchange-traded shares (Mutual Fund Class) within Multi-Class ETF Funds
  - No physical products, part numbers, or purchase quantities are specified
- Unique or notable requirements:
  - Request for exemptions covering standard ETF operations and multi-class fund structures
  - No procurement or purchasing activity involved; this is a regulatory action
- OEMs:
  - No OEMs are referenced, as this is not a product or service procurement

### Description

This notice from the Securities and Exchange Commission (SEC) concerns an application filed by Wasatch Funds Trust and Wasatch Advisors LP. The application requests an order to permit a registered open-end management investment company to offer one class of exchange-traded shares operating as an ETF and one or more classes of shares that are not exchange-traded. The order would provide relief for standard ETF operations and for offering multiple classes of shares. The application was filed on July 8, 2026, and amended on September 10, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/09/21/2026-19212/wasatch-funds-trust-and-wasatch-advisors-lp)