Federal Register #C1-2026-20360

SEC correction clarifying comment period for proposed multiple-share-class rule

The Securities and Exchange Commission (SEC) issued a correction to a proposed rule concerning multiple share classes for closed-end funds and business development companies. - Government issuer: Securities and Exchange Commission (SEC); no sub-agency or issuing office is identified in the provided information. - Notice purpose: Corrects the proposed rule’s DATES section to clarify the comment period. - Rule subject: Modernizing interval funds and expanding multiple share classes for registered closed-end management investment companies and business development companies. - Procurement details: This is a regulatory notice, not a procurement opportunity. No products, services, OEMs, vendors, quantities, part numbers, or contract requirements are identified.

Description

This correction concerns a proposed Securities and Exchange Commission rule titled “Interval Fund Modernization; Expansion of Multiple Share Class to Registered Closed-End Management Investment Companies and Business Development Companies.” It corrects the DATES section of the original proposed rules document, stating that the release was published in the Federal Register on October 5, 2026, and that comments should be received by December 4, 2026. The source does not provide further details about the rule’s scope or proposed requirements.

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