Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 53592-53593 [2015-21955]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES 53592 Federal Register / Vol. 80, No. 172 / Friday, September 4, 2015 / Notices confirmatory action letter dated November 11, 2011, are completed. (7) The licensee needs to address the possibility of both boildown and rapid draindown events at the North Anna 1 and 2, spent fuel pool. (8) The long-term storage of spent fuel in the spent fuel pool at North Anna 1 and 2, and at the North Anna ISFSI poses challenges to the public health and safety. (9) ‘‘Hardened on-site storage’’ strategies for spent fuel should be used at North Anna 1 and 2. (10) Concerns exist about the response of North Anna 1 and 2, to a prolonged station blackout. (11) The current emergency evacuation plans for North Anna 1 and 2, need to be revised to reflect the possible need to evacuate a larger area than that identified in the current emergency planning zone. (12) Concerns exist about damage to the structural integrity of the spent fuel pool structure at North Anna 1 and 2, as represented on pages 41 and 42 of the NRC staff’s technical evaluation for the restart of North Anna 1 and 2, dated November 11, 2011. On December 12, 2012 and February 2, 2012, the petitioners and the licensee met with the NRC staff’s petition review board (meeting transcripts under ADAMS Accession Nos. ML12033A025 and ML12047A240), regarding the petition. These meetings gave the petitioner and the licensee an opportunity to provide additional information and to clarify issues raised in the petition. The NRC staff issued a partial DD on October 19, 2012 (ADAMS Accession No. ML12262A156). Twelve of the concerns were accepted for review by the NRC staff. As detailed in the partial DD, eight of these concerns were closed. The remaining four concerns accepted for review were identified as those that may take longer than the target timeframe for reaching a decision on a petition based on the fact they were undergoing NRC review as part of the agency’s response to the Fukushima event in Japan. Regarding the four remaining concerns, the NRC staff sent a copy of the proposed DD to the Petitioners and to the licensee for comment on April 17, 2015 (ADAMS Accession Nos. ML14311A616 and ML15061A133, respectively). The Petitioners provided comments in a response dated May 18, 2015 (ADAMS Accession No. ML15138A277) and the licensee provided comments in a response dated May 20, 2015 (ADAMS Accession No. ML15147A517). The comments and the VerDate Sep<11>2014 16:57 Sep 03, 2015 Jkt 235001 NRC staff’s response to them are included with this director’s decision. The Director of the Office of Nuclear Reactor Regulation has determined that the request to suspend the operating licenses for North Anna 1 and 2, until the completion of a set of activities described in the petition, be partially granted and partially denied. The reasons for this decision are explained in the director’s decision DD–15–09 pursuant to Section 2.206 of Title 10 of the Code of Federal Regulations (10 CFR) of the Commission’s regulations. The NRC will file a copy of the director’s decision with the Secretary of the Commission for the Commission’s review in accordance with 10 CFR 2.206. As provided for by this regulation, the director’s decision will constitute the final action of the Commission 25 days after the date of the decision, unless the Commission, on its own motion, institutes a review of the director’s decision in that time. Dated at Rockville, Maryland, this 21st day of August, 2015. For the Nuclear Regulatory Commission. Michele G. Evans, Acting Director, Office of Nuclear Reactor Regulation. [FR Doc. 2015–22048 Filed 9–3–15; 8:45 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. IC–31800] Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940 August 28, 2015. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Act of 1940 for the month of August 2015. A copy of each application may be obtained via the Commission’s Web site by searching for the file number, or for an applicant using the Company name box, at https://www.sec.gov/search/ search.htm or by calling (202) 551– 8090. An order granting each application will be issued unless the SEC orders a hearing. Interested persons may request a hearing on any application by writing to the SEC’s Secretary at the address below and serving the relevant applicant with a copy of the request, personally or by mail. Hearing requests should be received by the SEC by 5:30 p.m. on September 22, 2015, and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 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 writing to the Commission’s Secretary. ADDRESSES: The Commission: Brent J. Fields, Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090. FOR FURTHER INFORMATION CONTACT: Chief Counsel’s Office at (202) 551– 6821, SEC, Division of Investment Management, Chief Counsel’s Office, 100 F Street NE., Washington, DC 20549–8010. Cornerstone Progressive Return Fund [File No. 811–22066] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to Cornerstone Strategic Value Fund, Inc., and on June 26, 2015, made a distribution to its shareholders based on net asset value. Expenses of $335,585 incurred in connection with the reorganization were paid by applicant and the acquiring fund. Filing Dates: The application was filed on June 30, 2015, and amended on July 30, 2015. Applicant’s Address: 48 Wall St., 22nd Floor, New York, NY 10005. db-X Exchange-Traded Funds Inc. [File No. 811–22001] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On May 27, 2015, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $35,000 incurred in connection with the liquidation were paid by DBX Strategic Advisors LLC, applicant’s investment adviser. Filing Date: The application was filed on July 31, 2015. Applicant’s Address: 60 Wall St., New York, NY 10005. Principled Equity Market Fund [File No. 811–8492] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On August 5, 2015, applicant made a final liquidating distribution to its shareholders, based on net asset value. Two shareholders of record have not received their liquidating distributions because applicant has been unable to locate E:\FR\FM\04SEN1.SGM 04SEN1 Federal Register / Vol. 80, No. 172 / Friday, September 4, 2015 / Notices them. Applicant’s custodian is holding an aggregate amount of $10,854, which will escheat to the state of last residence of each shareholder if their distributions remain unclaimed. Expenses of $110,800 incurred in connection with the liquidation were paid by applicant. Applicant has also retained $128,566 in cash to cover outstanding liabilities. Filing Date: The application was filed on August 14, 2015. Applicant’s Address: 20 William Street, Wellesley, MA 02481. Oppenheimer Institutional Treasury Money Market Fund [File No. 811– 22261] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Date: The application was filed on August 19, 2015. Applicant’s Address: 6803 S. Tucson Way, Centennial, CO 80112. Torchlight Value Fund Master, LLC [File No. 811–21122] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. Applicant represents that it currently has fewer than 100 beneficial owners of its securities and will continue to operate as a private fund in reliance on section 3(c)(1) of the Act. Applicant states that it is not making, has never made and does not intend to make a public offering of its securities. Applicant further represents that it has notified its beneficial owners that certain legal protections offered to shareholders of an investment company registered under the Act will no longer apply. Filing Date: The application was filed on August 11, 2015. Applicant’s Address: 475 Fifth Ave., New York, NY 10017. mstockstill on DSK4VPTVN1PROD with NOTICES Torchlight Value Fund, Inc. [File No. 811–8920] Summary: Applicant, a feeder fund in a master feeder structure, seeks an order declaring that it has ceased to be an investment company. On July 31, 2015, applicant made a distribution to its shareholders, based on net asset value. Expenses of $468,712 incurred in connection with the liquidation were paid by Torchlight Investors, LLC, applicant’s investment adviser. Filing Date: The application was filed on August 11, 2015. Applicant’s Address: 475 Fifth Ave., New York, NY 10017. VerDate Sep<11>2014 16:57 Sep 03, 2015 Jkt 235001 53593 Sterling Capital Variable Insurance Funds [File No. 811–21682] SECURITIES AND EXCHANGE COMMISSION Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On April 24, 2015, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $20,000 incurred in connection with the liquidation were paid by applicant. Filing Date: The application was filed on July 31, 2015. Applicant’s Address: 435 Fayetteville St., Raleigh, NC 27601. [Investment Company Act Release No. 31801; 812–14484] Cube Thematic Alternatives Fund [File No. 811–23006] Summary: Applicant, closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Date: The application was filed on July 29, 2015. Applicant’s Address: 180 Great Portland St., London W1W 5QZ. Nuveen Equity Premium Opportunity Fund [File No. 811–21674] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to Nuveen S&P 500 BuyWrite Income Fund, and on December 22, 2014, made a distribution to its shareholders based on net asset value. Expenses of $867,895 incurred in connection with the reorganization were paid by applicant and the acquiring fund. Filing Dates: The application was filed on June 26, 2015, and amended on August 7, 2015. Applicant’s Address: Nuveen Investments, 333 West Wacker Dr., Chicago, IL 60606. For the Commission, by the Division of Investment Management, pursuant to delegated authority. Robert W. Errett, Deputy Secretary. [FR Doc. 2015–21955 Filed 9–3–15; 8:45 am] BILLING CODE 8011–01–P PO 00000 Frm 00109 Fmt 4703 Sfmt 4703 The Glenmede Portfolios and Glenmede Investment Management LP; Notice of Application August 31, 2015. Securities and Exchange Commission (‘‘Commission’’). ACTION: Notice of an application for an order under section 6(c) of the Investment Company Act of 1940 (‘‘Act’’) for an exemption from sections 2(a)(32), 5(a)(1), 22(d) and 22(e) of the Act and rule 22c–1 under the Act, under sections 6(c) and 17(b) of the Act for an exemption from sections 17(a)(1) and (a)(2) of the Act, and under section 12(d)(1)(J) of the Act for an exemption from sections 12(d)(1)(A) and (B) of the Act. AGENCY: The Glenmede Portfolios (the ‘‘Trust’’) and Glenmede Investment Management LP (‘‘GIM’’). SUMMARY OF APPLICATION: Applicants request an order that permits: (a) Actively-managed series of certain open-end management investment companies to issue shares (‘‘Shares’’) redeemable in large aggregations only (‘‘Creation Units’’); (b) secondary market transactions in Shares to occur at negotiated market prices; (c) certain series to pay redemption proceeds, under certain circumstances, more than seven days from the tender of Shares for redemption; (d) certain affiliated persons of the series to deposit securities into, and receive securities from, the series in connection with the purchase and redemption of Creation Units; and (e) certain registered management investment companies and unit investment trusts outside of the same group of investment companies as the series to acquire Shares. FILING DATE: The application was filed on June 11, 2015. 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 by writing to the Commission’s Secretary and serving applicants with a copy of the request, personally or by mail. Hearing requests should be received by the Commission by 5:30 p.m. on September 25, 2015, 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 APPLICANTS: E:\FR\FM\04SEN1.SGM 04SEN1

Agencies

[Federal Register Volume 80, Number 172 (Friday, September 4, 2015)]
[Notices]
[Pages 53592-53593]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-21955]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-31800]


Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

August 28, 2015.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
August 2015. A copy of each application may be obtained via the 
Commission's Web site by searching for the file number, or for an 
applicant using the Company name box, at https://www.sec.gov/search/search.htm or by calling (202) 551-8090. An order granting each 
application will be issued unless the SEC orders a hearing. Interested 
persons may request a hearing on any application by writing to the 
SEC's Secretary at the address below and serving the relevant applicant 
with a copy of the request, personally or by mail. Hearing requests 
should be received by the SEC by 5:30 p.m. on September 22, 2015, 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 writing to the Commission's Secretary.

ADDRESSES: The Commission: Brent J. Fields, Secretary, U.S. Securities 
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.

FOR FURTHER INFORMATION CONTACT: Chief Counsel's Office at (202) 551-
6821, SEC, Division of Investment Management, Chief Counsel's Office, 
100 F Street NE., Washington, DC 20549-8010.

Cornerstone Progressive Return Fund [File No. 811-22066]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant 
transferred its assets to Cornerstone Strategic Value Fund, Inc., and 
on June 26, 2015, made a distribution to its shareholders based on net 
asset value. Expenses of $335,585 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Dates: The application was filed on June 30, 2015, and 
amended on July 30, 2015.
    Applicant's Address: 48 Wall St., 22nd Floor, New York, NY 10005.

db-X Exchange-Traded Funds Inc. [File No. 811-22001]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On May 27, 2015, applicant made a liquidating 
distribution to its shareholders, based on net asset value. Expenses of 
$35,000 incurred in connection with the liquidation were paid by DBX 
Strategic Advisors LLC, applicant's investment adviser.
    Filing Date: The application was filed on July 31, 2015.
    Applicant's Address: 60 Wall St., New York, NY 10005.

Principled Equity Market Fund [File No. 811-8492]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On August 5, 
2015, applicant made a final liquidating distribution to its 
shareholders, based on net asset value. Two shareholders of record have 
not received their liquidating distributions because applicant has been 
unable to locate

[[Page 53593]]

them. Applicant's custodian is holding an aggregate amount of $10,854, 
which will escheat to the state of last residence of each shareholder 
if their distributions remain unclaimed. Expenses of $110,800 incurred 
in connection with the liquidation were paid by applicant. Applicant 
has also retained $128,566 in cash to cover outstanding liabilities.
    Filing Date: The application was filed on August 14, 2015.
    Applicant's Address: 20 William Street, Wellesley, MA 02481.

Oppenheimer Institutional Treasury Money Market Fund [File No. 811-
22261]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant has never made a public offering of 
its securities and does not propose to make a public offering or engage 
in business of any kind.
    Filing Date: The application was filed on August 19, 2015.
    Applicant's Address: 6803 S. Tucson Way, Centennial, CO 80112.

Torchlight Value Fund Master, LLC [File No. 811-21122]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company.
    Applicant represents that it currently has fewer than 100 
beneficial owners of its securities and will continue to operate as a 
private fund in reliance on section 3(c)(1) of the Act. Applicant 
states that it is not making, has never made and does not intend to 
make a public offering of its securities. Applicant further represents 
that it has notified its beneficial owners that certain legal 
protections offered to shareholders of an investment company registered 
under the Act will no longer apply.
    Filing Date: The application was filed on August 11, 2015.
    Applicant's Address: 475 Fifth Ave., New York, NY 10017.

Torchlight Value Fund, Inc. [File No. 811-8920]

    Summary: Applicant, a feeder fund in a master feeder structure, 
seeks an order declaring that it has ceased to be an investment 
company. On July 31, 2015, applicant made a distribution to its 
shareholders, based on net asset value. Expenses of $468,712 incurred 
in connection with the liquidation were paid by Torchlight Investors, 
LLC, applicant's investment adviser.
    Filing Date: The application was filed on August 11, 2015.
    Applicant's Address: 475 Fifth Ave., New York, NY 10017.

Sterling Capital Variable Insurance Funds [File No. 811-21682]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 24, 2015, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $20,000 incurred in connection with the liquidation were 
paid by applicant.
    Filing Date: The application was filed on July 31, 2015.
    Applicant's Address: 435 Fayetteville St., Raleigh, NC 27601.

Cube Thematic Alternatives Fund [File No. 811-23006]

    Summary: Applicant, closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
never made a public offering of its securities and does not propose to 
make a public offering or engage in business of any kind.
    Filing Date: The application was filed on July 29, 2015.
    Applicant's Address: 180 Great Portland St., London W1W 5QZ.

Nuveen Equity Premium Opportunity Fund [File No. 811-21674]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant 
transferred its assets to Nuveen S&P 500 BuyWrite Income Fund, and on 
December 22, 2014, made a distribution to its shareholders based on net 
asset value. Expenses of $867,895 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Dates: The application was filed on June 26, 2015, and 
amended on August 7, 2015.
    Applicant's Address: Nuveen Investments, 333 West Wacker Dr., 
Chicago, IL 60606.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-21955 Filed 9-3-15; 8:45 am]
BILLING CODE 8011-01-P
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