← All FR Documents
Notice

Sardis Credit Opportunities Fund and Sardis Group, LLC

In Plain English

What is this Federal Register notice?

This is a notice published in the Federal Register by Securities and Exchange Commission. Notices communicate information, guidance, or policy interpretations but may not create new binding obligations.

Is this rule final?

This document is classified as a notice. It may or may not create enforceable regulatory obligations depending on its specific content.

Who does this apply to?

Consult the full text of this document for specific applicability provisions. The affected parties depend on the regulatory scope defined within.

When does it take effect?

No specific effective date is indicated. Check the full text for date provisions.

Why it matters: This notice communicates agency policy or guidance regarding applicable regulations.

Document Details

Document Number2025-23493
TypeNotice
PublishedDec 22, 2025
Effective Date-
RIN-
Docket IDInvestment Company Act Release No. 35828
Text FetchedYes

Agencies & CFR References

CFR References:
None

Linked CFR Parts

PartNameAgency
No linked CFR parts

Paired Documents

TypeProposedFinalMethodConf
No paired documents

External Links

⏳ Requirements Extraction Pending

This document's regulatory requirements haven't been extracted yet. Extraction happens automatically during background processing (typically within a few hours of document ingestion).

Federal Register documents are immutable—once extracted, requirements are stored permanently and never need re-processing.

Full Document Text (515 words · ~3 min read)

Text Preserved
<NOTICE> SECURITIES AND EXCHANGE COMMISSION <DEPDOC>[Investment Company Act Release No. 35828; File No. 812-15819]</DEPDOC> <SUBJECT>Sardis Credit Opportunities Fund and Sardis Group, LLC</SUBJECT> <DATE>December 17, 2025.</DATE> <HD SOURCE="HED">AGENCY:</HD> Securities and Exchange Commission (“Commission” or “SEC”). <HD SOURCE="HED">ACTION:</HD> Notice. Notice of an application under section 6(c) of the Investment Company Act of 1940 (the “Act”) for an exemption from sections 18(a)(2), 18(c) and 18(i) of the Act, under sections 6(c) and 23(c) of the Act for an exemption from rule 23c-3 under the Act, and for an order pursuant to section 17(d) of the Act and rule 17d-1 under the Act. <HD SOURCE="HED">SUMMARY OF APPLICATION:</HD> Applicants request an order to permit certain registered closed-end investment companies to issue multiple classes of shares, to impose early withdrawal charges, and to impose asset-based distribution and/or service fees. <HD SOURCE="HED">APPLICANTS:</HD> Sardis Credit Opportunities Fund and Sardis Group, LLC. <HD SOURCE="HED">FILING DATES:</HD> The application was filed on May 29, 2025, and amended on August 29, 2025. <HD SOURCE="HED">HEARING OR NOTIFICATION OF HEARING:</HD> 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 <E T="03">Secretarys-Office@sec.gov</E> 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 January 12, 2026, and should be accompanied by proof of service on 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 at <E T="03">Secretarys-Office@sec.gov.</E> <HD SOURCE="HED">ADDRESSES:</HD> The Commission: <E T="03">Secretarys-Office@sec.gov.</E> Applicants: Colin McBurnette, Sardis Group, LLC, 4200 Northside Parkway, Building 4, Suite 300, Atlanta, GA 30327, with copies to Terrence Davis, Esq. & Tanya Boyle, Esq., DLA Piper, LLP, 1201 West Peachtree Street, Suite 2900, Atlanta, GA 30309, <E T="03">Terrence.davis@dlapiper.com.</E> <FURINF> <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD> Erin Loomis Moore, Senior Counsel, or Matthew Cook, Acting Branch Chief, at (202) 551-6825 (Division of Investment Management, Chief Counsel's Office). </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> For Applicants' representations, legal analysis, and conditions, please refer to Applicants' application, dated August 29, 2025, 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, <E T="03">https://www.sec.gov/edgar/searchedgar/companysearch.</E> You may also call the SEC's Office of Investor Education and Advocacy at (202) 551-8090. <SIG> For the Commission, by the Division of Investment Management, under delegated authority. <NAME>Sherry R. Haywood,</NAME> Assistant Secretary. </SIG> </SUPLINF> <FRDOC>[FR Doc. 2025-23493 Filed 12-19-25; 8:45 am]</FRDOC> </NOTICE>
This text is preserved for citation and comparison. View the official version for the authoritative text.