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Securities and Exchange Commission
U.S. Federal Government (Executive)
Rule

Interval Fund Modernization; Expansion of Multiple Share Class to Registered Closed-End Management Investment Companies and Business Development Companies

Open for comment

Public comments are open until Dec 4, 2026.

The Securities and Exchange Commission (the "Commission") is proposing to amend the rule under the Investment Company Act of 1940 that allows registered closed-end management investment companies and business development companies (collectively, "regulated closed-end funds") to make repurchase offers to shareholders at net asset value ("NAV") at periodic intervals pursuant to a fundamental policy

Summary from the Federal Register.

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What this means

You can send the agency a comment until Dec 4, 2026.

This record has no comment link. The Federal Register notice explains how to comment.

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Full history

  1. Oct 5, 2026

    Rule published

    Interval Fund Modernization; Expansion of Multiple Share Class to Registered Closed-End Management Investment Companies and Business Development Companies

    Securities and Exchange Commission

About this record

Source

From the Federal Register. This record was last updated Nov 2, 2026. About our data

Read it in the Federal Register (opens in a new tab)

What it is

A rule from Securities and Exchange Commission. Agora lists the comment window as the Federal Register gives it.

Dates

Dates are in Eastern time.

This page

Agora assembled this page from the Federal Register. The title and summary are the agency's, as the Federal Register prints them.