SEC Schedules Open Meeting to Discuss Investment Adviser Rule Amendments
The meeting, open to the public on Sep 30, 2026, will address rule changes impacting investment advisers, closed-end funds and accredited-investor qualifications.
The Securities and Exchange Commission gave notice, pursuant to the Government in the Sunshine Act, Public Law 94-409, that it will hold an open meeting on Wednesday, September 30, 2026, at 10:00 a.m. (ET). The meeting will be held in Auditorium LL-002 at the Commission's headquarters, 100 F Street NE, Washington, DC 20549, and will be simultaneously webcast on the Commission's website at www.sec.gov.
The meeting is open to the public. Seating will be on a first-come, first-served basis and visitors will be subject to security checks.
The Commission will consider three matters: (1) whether to propose amendments to the rule under the Investment Advisers Act of 1940 that provides an exemption from the statutory prohibition on registered investment advisers receiving compensation based on a share of capital gains or capital appreciation of a client's account, including enhanced disclosure requirements for performance-based compensation; (2) whether to propose amendments to the rule under the Investment Company Act of 1940 that permits regulated closed-end funds to make repurchase offers to shareholders at net asset value at periodic intervals, and to expand the ability of such funds to issue multiple share classes; and (3) whether to issue notices that the Commission is considering designating certain certifications, designations, or credentials as qualifying natural persons for accredited investor status.
For further information, contact Vanessa A. Countryman from the Office of the Secretary at (202) 551-5400. Authority: 5 U.S.C. 552b. Dated: September 23, 2026. J. Matthew DeLesDernier, Deputy Secretary. FR Doc No: 2026-19728.
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