Advisory Committee on Small and Emerging Companies, 58528 [2015-24634]

Download as PDF 58528 Federal Register / Vol. 80, No. 188 / Tuesday, September 29, 2015 / Notices August 19, 2015.4 The Commission received five comment letters regarding the proposed rule change.5 Section 19(b)(2) of the Act 6 provides that, within 45 days of the publication of the notice of the filing of a proposed rule change, or within such longer period up to 90 days as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding, or as to which the self-regulatory organization consents, the Commission shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved. The 45th day for this filing is October 3, 2015. The Commission is extending this 45-day time period. The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change, the comments received, and any response to the comments submitted by the Exchange. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,7 designates November 17, 2015 as the date by which the Commission should either approve or disapprove or institute proceedings to determine whether to disapprove the proposed rule change (File Number SR–BATS–2015–57). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.8 Robert W. Errett, Deputy Secretary. [FR Doc. 2015–24599 Filed 9–28–15; 8:45 am] asabaliauskas on DSK5VPTVN1PROD with NOTICES BILLING CODE 8011–01–P 4 See Securities Exchange Act Release No. 75693 (August 13, 2015), 80 FR 50370. 5 See letters from: Teresa Machado B., dated August 19, 2015; Samuel F. Lek, Chief Executive Officer, Lek Securities Corporation, dated September 3, 2015; R.T. Leuchtkafer to Brent J. Fields, Secretary, Commission, dated September, 4, 2015; Mary Ann Burns, Chief Operating Officer, FIA Principal Traders Group, to Brent J. Fields, Secretary, Commission, dated September, 9, 2015; and Samuel F. Lek, Chief Executive Officer, Lek Securities Corporation, dated September 18, 2015. 6 15 U.S.C. 78s(b)(2). 7 Id. 8 17 CFR 200.30–3(a)(31). VerDate Sep<11>2014 17:54 Sep 28, 2015 Jkt 235001 SECURITIES AND EXCHANGE COMMISSION [Release Nos. 33–9927; 34–75973; File No. 265–27] Advisory Committee on Small and Emerging Companies Securities and Exchange Commission. ACTION: Notice of Federal Advisory Committee Renewal. AGENCY: The Securities and Exchange Commission is publishing this notice to announce the renewal of the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies. SUMMARY: Julie Davis, Senior Special Counsel, Office of Small Business Policy, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549, (202) 551–3460. SUPPLEMENTARY INFORMATION: In accordance with the requirements of the Federal Advisory Committee Act, 5 U.S.C.—App., the Commission is publishing this notice that the Chair of the Commission, with the concurrence of the other Commissioners, has approved the renewal of the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies (the ‘‘Committee’’). The Chair of the Commission affirms that the renewal of the Committee is necessary and in the public interest. The Committee’s objective is to provide the Commission with advice on its rules, regulations, and policies, with regard to its mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation, as they relate to the following: (1) Capital raising by emerging privately held small businesses (‘‘emerging companies’’) and publicly traded companies with less than $250 million in public market capitalization (‘‘smaller public companies’’) through securities offerings, including private and limited offerings and initial and other public offerings; (2) trading in the securities of emerging companies and smaller public companies; and (3) public reporting and corporate governance requirements of emerging companies and smaller public companies. Up to 20 voting members will be appointed to the Committee who can effectively represent those directly affected by, interested in, and/or qualified to provide advice to the Commission on its rules, regulations, FOR FURTHER INFORMATION CONTACT: PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 and policies as set forth above. The Committee’s membership will continue to be balanced fairly in terms of points of view represented and functions to be performed. Non-voting observers for the Committee from the North American Securities Administrators Association and the U.S. Small Business Administration may also be named. The charter provides that the duties of the Committee are to be solely advisory. The Commission alone will make any determinations of action to be taken and policy to be expressed with respect to matters within the Commission’s authority as to which the Committee provides advice or makes recommendations. The Committee will meet at such intervals as are necessary to carry out its functions. The charter contemplates that the full Committee will meet four times annually. Meetings of subgroups or subcommittees of the full Committee may occur more frequently. The Committee will operate for two years from the date it was renewed or such earlier date as determined by the Commission unless, before the expiration of that time period, it is renewed in accordance with the Federal Advisory Committee Act. A copy of the charter for the Committee has been filed with the Chair of the Commission, the Committee on Banking, Housing, and Urban Affairs of the United States Senate, the Committee on Financial Services of the United States House of Representatives, the Committee Management Secretariat of the General Services Administration, and the Library of Congress. It also has been posted on the Commission’s Web site at www.sec.gov. By the Commission. Dated: September 24, 2015. Brent J. Fields, Secretary. [FR Doc. 2015–24634 Filed 9–28–15; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94–409, that the Securities and Exchange Commission will hold a Closed Meeting on Thursday, October 1, 2015 at 2 p.m. Commissioners, Counsel to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the Closed Meeting. Certain staff members who have an interest in the matters also may be present. E:\FR\FM\29SEN1.SGM 29SEN1

Agencies

[Federal Register Volume 80, Number 188 (Tuesday, September 29, 2015)]
[Notices]
[Page 58528]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-24634]


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SECURITIES AND EXCHANGE COMMISSION

[Release Nos. 33-9927; 34-75973; File No. 265-27]


Advisory Committee on Small and Emerging Companies

AGENCY: Securities and Exchange Commission.

ACTION: Notice of Federal Advisory Committee Renewal.

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SUMMARY: The Securities and Exchange Commission is publishing this 
notice to announce the renewal of the Securities and Exchange 
Commission Advisory Committee on Small and Emerging Companies.

FOR FURTHER INFORMATION CONTACT: Julie Davis, Senior Special Counsel, 
Office of Small Business Policy, Securities and Exchange Commission, 
100 F Street NE., Washington, DC 20549, (202) 551-3460.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the 
Federal Advisory Committee Act, 5 U.S.C.--App., the Commission is 
publishing this notice that the Chair of the Commission, with the 
concurrence of the other Commissioners, has approved the renewal of the 
Securities and Exchange Commission Advisory Committee on Small and 
Emerging Companies (the ``Committee''). The Chair of the Commission 
affirms that the renewal of the Committee is necessary and in the 
public interest.
    The Committee's objective is to provide the Commission with advice 
on its rules, regulations, and policies, with regard to its mission of 
protecting investors, maintaining fair, orderly, and efficient markets, 
and facilitating capital formation, as they relate to the following:
    (1) Capital raising by emerging privately held small businesses 
(``emerging companies'') and publicly traded companies with less than 
$250 million in public market capitalization (``smaller public 
companies'') through securities offerings, including private and 
limited offerings and initial and other public offerings;
    (2) trading in the securities of emerging companies and smaller 
public companies; and
    (3) public reporting and corporate governance requirements of 
emerging companies and smaller public companies.
    Up to 20 voting members will be appointed to the Committee who can 
effectively represent those directly affected by, interested in, and/or 
qualified to provide advice to the Commission on its rules, 
regulations, and policies as set forth above. The Committee's 
membership will continue to be balanced fairly in terms of points of 
view represented and functions to be performed. Non-voting observers 
for the Committee from the North American Securities Administrators 
Association and the U.S. Small Business Administration may also be 
named.
    The charter provides that the duties of the Committee are to be 
solely advisory. The Commission alone will make any determinations of 
action to be taken and policy to be expressed with respect to matters 
within the Commission's authority as to which the Committee provides 
advice or makes recommendations. The Committee will meet at such 
intervals as are necessary to carry out its functions. The charter 
contemplates that the full Committee will meet four times annually. 
Meetings of subgroups or subcommittees of the full Committee may occur 
more frequently.
    The Committee will operate for two years from the date it was 
renewed or such earlier date as determined by the Commission unless, 
before the expiration of that time period, it is renewed in accordance 
with the Federal Advisory Committee Act. A copy of the charter for the 
Committee has been filed with the Chair of the Commission, the 
Committee on Banking, Housing, and Urban Affairs of the United States 
Senate, the Committee on Financial Services of the United States House 
of Representatives, the Committee Management Secretariat of the General 
Services Administration, and the Library of Congress. It also has been 
posted on the Commission's Web site at www.sec.gov.

    By the Commission.
    Dated: September 24, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-24634 Filed 9-28-15; 8:45 am]
 BILLING CODE 8011-01-P
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