Notice2024-05595
James Alpha Funds Trust d/b/a Easterly Funds Trust and Easterly Investment Partners LLC
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 15, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 52 (Friday, March 15, 2024)</title>
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[Federal Register Volume 89, Number 52 (Friday, March 15, 2024)]
[Notices]
[Pages 18978-18979]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05595]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35153; 812-15531]
James Alpha Funds Trust d/b/a Easterly Funds Trust and Easterly
Investment Partners LLC
March 12, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice.
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Notice of an application under section 6(c) of the Investment
Company Act of 1940 (``Act'') for an exemption from Section 15(a) of
the Act, as well as from certain disclosure requirements in Rule 20a-1
under the Act, Item 19(a)(3) of Form N-1A, Items 22(c)(1)(ii),
22(c)(1)(iii), 22(c)(8) and 22(c)(9) of Schedule 14A under the
Securities Exchange Act of 1934, and Sections 6-07(2)(a), (b), and (c)
of Regulation S-X (``Disclosure Requirements'').
Summary of Application: The requested exemption would permit
Applicants to enter into and materially amend subadvisory agreements
with certain subadvisors without shareholder approval and grant relief
from the Disclosure Requirements as they relate to fees paid to the
subadvisors.
[[Page 18979]]
Applicants: James Alpha Funds Trust d/b/a Easterly Funds Trust and
Easterly Investment Partners LLC.
Filing Dates: The application was filed on December 8, 2023, and
amended on February 9, 2024.
Hearing or Notification of Hearing: An order granting the requested
relief will be issued unless the Commission orders a hearing.
Interested persons may request a hearing on any application by emailing
the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#3665535544534257444f451b7950505f55537645535518515940"><span class="__cf_email__" data-cfemail="84d7e1e7f6e1f0e5f6fdf7a9cbe2e2ede7e1c4f7e1e7aae3ebf2">[email protected]</span></a> and serving the
Applicants with a copy of the request by email, if an email address is
listed for the relevant Applicant below, or personally or by mail, if a
physical address is listed for the relevant Applicant below. Hearing
requests should be received by the Commission by 5:30 p.m. on April 8,
2024, and should be accompanied by proof of service on the Applicants,
in the form of an affidavit, or, for lawyers, a certificate of service.
Pursuant to rule 0-5 under the Act, hearing requests should state the
nature of the writer's interest, any facts bearing upon the
desirability of a hearing on the matter, the reason for the request,
and the issues contested. Persons who wish to be notified of a hearing
may request notification by emailing the Commission's Secretary.
ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#0251676170677663707b712f4d64646b6167427167612c656d74"><span class="__cf_email__" data-cfemail="fcaf999f8e99889d8e858fd1b39a9a959f99bc8f999fd29b938a">[email protected]</span></a>. Applicants:
Darrell Crate, <a href="/cdn-cgi/l/email-protection#b4d0d7c6d5c0d1f4d1d5c7c0d1c6d8cdd5d99ad7dbd9"><span class="__cf_email__" data-cfemail="3e5a5d4c5f4a5b7e5b5f4d4a5b4c52475f53105d5153">[email protected]</span></a>; Matthew DiClemente, Esq.,
<a href="/cdn-cgi/l/email-protection#1c7178757f707971797268795c6f686e7d78707965327f7371"><span class="__cf_email__" data-cfemail="e38e878a808f868e868d9786a390979182878f869acd808c8e">[email protected]</span></a>; and Michael W. Mundt, Esq.,
<a href="/cdn-cgi/l/email-protection#cda0a0b8a3a9b98dbeb9bfaca9a1a8b4e3aea2a0"><span class="__cf_email__" data-cfemail="d7babaa2b9b3a397a4a3a5b6b3bbb2aef9b4b8ba">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Jill Ehrlich, Senior Counsel, or Lisa
Reid Ragen, Branch Chief, at (202) 551-6825 (Division of Investment
Management, Chief Counsel's Office).
SUPPLEMENTARY INFORMATION: For Applicants' representations, legal
analysis, and conditions, please refer to Applicants' amended
application, dated February 9, 2024, which may be obtained via the
Commission's website by searching for the file number at the top of
this document, or for an Applicant using the Company name search field
on the SEC's EDGAR system. The SEC's EDGAR system may be searched at
<a href="https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html">https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html</a>. You
may also call the SEC's Public Reference Room at (202) 551-8090.
For the Commission, by the Division of Investment Management,
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-05595 Filed 3-14-24; 8:45 am]
BILLING CODE 8011-01-P
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