U.S. Bancorp, et al.; Notice of Application and Temporary Order

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. IC-36155; File No. 812-16028] May 15, 2026. AGENCY: Securities and Exchange Commission (the “Commission”). ACTION: Temporary order and notice of application for a permanent order under section 9(c) of the Investment Company Act of 1940 (the “Act”). Summary of Application: Applicants (defined below) have applied for a temporary order (the “Temporary Order”) exempting Fund Servicing Applicants (defined below) from section 9(a) of the Act with respect to an injunction entered against BTIG, LLC on May 2, 2022, by the United States District Court for the Southern District of New York (the “District Court”), until the Commission takes final action on an application for a permanent order exempting the Fund Servicing Applicants and other Covered Persons (defined below) from section 9(a) of the Act (the “Permanent Order,” and with the Temporary Order, the “Requested Orders”). Applicants: U.S. Bancorp Asset Management, Inc. (“USBAM”), U.S. Bancorp Investments, Inc. (“USBI”, and together with USBAM, the “Fund Servicing Applicants”), and BTIG, LLC (“BTIG”, and collectively with the Fund Servicing Applicants, the “Applicants”) and U.S. Bancorp (“USB”). [ 1 ] Filing Date: The application was filed on May 15, 2026. Hearing or Notification of Hearing: The Temporary Order will be effective until such tim…