Opportunity
Federal Register #812-16073
SEC notice of Horizon’s request for multi-class ETF relief
Buyer
Securities and Exchange Commission
Posted
November 10, 2026
Identifier
812-16073
This SEC notice concerns a request for regulatory relief, not a government procurement opportunity. - Government agency: Securities and Exchange Commission (SEC); no sub-agency or office is identified. - Applicants: Horizon Investments, LLC and Horizon Funds. - Requested relief: Permission for a registered open-end management investment company to offer an exchange-traded fund (ETF) share class alongside one or more non-exchange-traded mutual fund share classes within the same fund. - The application seeks exemptions from specified provisions of the Investment Company Act of 1940 and related rules for standard ETF operations and the combined share-class structure. - No products, services, quantities, part numbers, contract value, or period of performance are specified.
Description
The applicants request an order permitting a registered open-end management investment company to offer an exchange-traded fund class alongside one or more non-exchange-traded mutual fund classes. The requested relief includes exemptions for standard ETF operations and for offering both ETF and mutual fund classes within the same fund. The application was filed on August 18, 2026, and amended on September 30, 2026.