Regulatory · Card Issuing · 2024

Marqeta SEC exemption application under Investment Company Act

Marqeta, Inc. issued Section 3(b)(2) exemption application (Form 40-APP) affecting U.S. Securities and Exchange Commission on December 17, 2024.

Primary
Marqeta, Inc.
Counterparty
U.S. Securities and Exchange Commission
Structure
Section 3(b)(2) exemption application (Form 40-APP)
Date
December 17, 2024
Sub-sector
Card Issuing

Marqeta seeks SEC declaration that it is an operating company, not an investment company, to enable prudent cash management of its capital-intensive payment infrastructure business.

Primary company
Marqeta, Inc.
Amount
Not disclosed
Event date
December 17, 2024
Sub-sector
Card Issuing
HQ
Not disclosed
Structure
Section 3(b)(2) exemption application (Form 40-APP)
Source published
December 17, 2024
Publisher
InsuranceNewsNet

Source: insurancenewsnet.com