Document ID: SEC-2023-0786-0001
Agency: sec
Document Type: Notice
Title: Application: RM Opportunity Trust and Rocky Mountain Private Wealth Management, LLC
Posted Date: 2023-07-28T04:00Z

[Federal Register Volume 88, Number 144 (Friday, July 28, 2023)]
[Notices]
[Page 48925]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-15989]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34964; 812-15430]

RM Opportunity Trust and Rocky Mountain Private Wealth Management 
L.L.C.

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 
subadvisers without shareholder approval and would grant relief from 
the Disclosure Requirements as they relate to fees paid to the 
subadvisers.

Applicants: RM Opportunity Trust and Rocky Mountain Private Wealth 
Management L.L.C.

Filing Dates: The application was filed on January 30, 2023, and 
amended on March 20, 2023 and June 23, 2023.

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 [email protected] 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 August 
18, 2023, 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: [email protected]. Applicants: 
Andrew Davalla, Esq., Thompson Hine LLP, 41 South High Street, Suite 
1700, Columbus, Ohio 43215-6101; Gabriel Gallegos, RM Opportunity 
Trust, 2245 Texas Dr., Suite 300, Sugar Land, TX 77479.

FOR FURTHER INFORMATION CONTACT: Deepak T. Pai, 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' second amended 
application, dated June 23, 2023, 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 
https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html. 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.
    Dated: July 24, 2023.

Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-15989 Filed 7-27-23; 8:45 am]
BILLING CODE 8011-01-P