SEC issues notice of exemption application for Bluerock ETF Trust
Bluerock ETF Trust and its advisor may amend subadvisory agreements without shareholder vote, pending SEC order, with hearing requests due Nov. 30, 2026.
The Securities and Exchange Commission released a notice on November 5, 2026 (FR Doc 2026-22854) of an application filed on September 25, 2026 by Bluerock ETF Trust and Bluerock ETF Advisor, LLC. The filing, identified as Investment Company Act Release No. 36382; 812-16092, seeks an exemption from section 15(a) of the Investment Company Act of 1940 and from specific disclosure requirements in rule 20a-1, Form N-1A Item 19(a)(3), Schedule 14A items 22(c)(1)(ii), 22(c)(1)(iii), 22(c)(8) and 22(c)(9), and Regulation S-X sections 6-07(2)(a), (b) and (c).
If granted, the exemption would allow the Applicants to enter into and materially amend subadvisory agreements with subadvisers without obtaining shareholder approval and would relieve them of the listed disclosure obligations related to subadvisor fees.
The Commission will issue an order granting the relief unless a hearing is requested. Requests must be received by 5:30 p.m., Eastern Time, on November 30, 2026, and must include proof of service on the Applicants. Requests are to be emailed to the SEC's Secretary, citing the file number, and may be accompanied by an affidavit or, for counsel, a certificate of service.
The Applicants' representations, legal analysis, and any conditions are contained in the application dated September 25, 2026, which is available through the SEC's website or the EDGAR system using the file number or company name. For further information, contact Rachel Loko, Senior Special Counsel, at (202) 551-6720.
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