On 24 June 2026, the United States Securities and Exchange Commission issued an Order under Section 8(f) of the Investment Company Act of 1940 declaring that BlackRock Collateral Trust has ceased to be an investment company. The order follows an application filed by the trust seeking deregistration after ceasing operations as an investment company. Having received no requests for a hearing, the Securities and Exchange Commission concluded that the statutory requirements had been satisfied and ordered that the trust's registration under the Investment Company Act immediately cease to be effective.
The order was issued pursuant to Section 8(f) of the Investment Company Act of 1940, which permits the Securities and Exchange Commission to declare that an entity has ceased to be an investment company where the statutory requirements have been met.
BlackRock Collateral Trust filed its application for deregistration on 18 December 2025 and subsequently amended the application on 12 May 2026. The application requested an order confirming that the trust had ceased to operate as an investment company.
The Securities and Exchange Commission issued a notice of the filing on 29 May 2026 through Investment Company Act Release No. 36193. The notice provided interested persons with an opportunity to request a hearing regarding the application.
According to the order, no hearing requests were submitted and the Commission did not order a hearing. Following review of the application and supporting materials, the Commission determined that BlackRock Collateral Trust had ceased to be an investment company.
The Commission ordered that the registration of BlackRock Collateral Trust under the Investment Company Act of 1940 cease to be effective immediately. The order was issued by the Division of Investment Management pursuant to delegated authority.
Section 8(f) orders form part of the Securities and Exchange Commission's administrative framework for deregistering entities that no longer operate as investment companies. Such orders do not constitute enforcement actions and generally reflect the completion of a statutory process through which a registered investment company demonstrates that it has ceased conducting activities requiring registration under the Investment Company Act.
(Source: https://www.sec.gov/files/rules/icdereg/2026/ic-36221.pdf)
