SEC notice on Benjamin Partners LLC investment adviser exemption request
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Benjamin Partners LLC is asking the SEC to treat it as outside the legal definition of an investment adviser under the Investment Advisers Act. If approved, the company would not be regulated as an investment adviser for the activities covered by its application. The notice mainly gives investors, competitors, and other interested parties a chance to object or request a hearing. Hearing requests must be sent to the SEC by 5:30 p.m. Eastern time on July 13, 2026, with a copy served on Benjamin Partners LLC.
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Key Changes
- Benjamin Partners LLC has requested SEC relief from being treated as an investment adviser under the Investment Advisers Act.
- The SEC may grant the request unless it orders a hearing.
- Interested parties have until July 13, 2026, to request a hearing.
Obligations
What this law requires
Interested persons requesting a hearing must email the SEC Secretary at [email protected] and serve Benjamin Partners LLC with a copy of the hearing request.
A hearing request must include the SEC file number referenced in the notice: File No. 803-00295.
A hearing request must be accompanied by proof of service on Benjamin Partners LLC, either as an affidavit or, for lawyers, a certificate of service.
A hearing request must state the requester’s interest, facts supporting why a hearing is desirable, the reason for the request, and the issues contested.