exemptive order
Noun
SEC
Notice from the SEC to move forward on a new initiative, applying only to the situation for which it is granted, such as an interval fund receiving exemptive relief from the SEC in order to offer multiple share classes.
Notice from the SEC to move forward on a new initiative, applying only to the situation for which it is granted, such as an interval fund receiving exemptive relief from the SEC in order to offer multiple share classes.
