Sunshine Act Meeting, 1734 [E9-462]
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Federal Register / Vol. 74, No. 8 / Tuesday, January 13, 2009 / Notices
as may be reasonably necessary to make
an informed determination of whether
the Plan should be continued or
continued after amendment;
(b) will determine whether
continuation, or continuation after
amendment, of the Plan is consistent
with the fund’s investment objective(s)
and policies and in the best interests of
the fund and its shareholders, after
considering the information in
condition V.B.1.a above; including,
without limitation:
(1) Whether the Plan is accomplishing
its purpose(s);
(2) the reasonably foreseeable effects
of the Plan on the fund’s long-term total
return in relation to the market price
and NAV of the fund’s common shares;
and
(3) the fund’s current distribution
rate, as described in condition V.B
above, compared to with the fund’s
average annual total return over the 2year period, as described in condition
V.B, or such longer period as the board
deems appropriate; and
(c) based upon that determination,
will approve or disapprove the
continuation, or continuation after
amendment, of the Plan; and
2. The Board will record the
information considered by it and the
basis for its approval or disapproval of
the continuation, or continuation after
amendment, of the Plan in its meeting
minutes, which must be made and
preserved for a period of not less than
six years from the date of such meeting,
the first two years in an easily accessible
place.
VI. Public Offerings
The fund will not make a public
offering of the fund’s common shares
other than:
A. a rights offering below NAV to
holders of the fund’s common stock;
B. an offering in connection with a
dividend reinvestment plan, merger,
consolidation, acquisition, spin-off or
reorganization of the fund; or
C. an offering other than an offering
described in conditions VI.A and VI.B
above, unless, with respect to such other
offering:
1. the fund’s average annual
distribution rate for the six months
ending on the last day of the month
ended immediately prior to the most
recent distribution declaration date,5
expressed as a percentage of NAV per
share as of such date, is no more than
1 percentage point greater than the
5 If the fund has been in operation fewer than six
months, the measured period will begin
immediately following the fund’s first public
offering.
VerDate Nov<24>2008
19:10 Jan 12, 2009
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fund’s average annual total return for
the 5-year period ending on such date; 6
and
2. the transmittal letter accompanying
any registration statement filed with the
Commission in connection with such
offering discloses that the fund has
received an order under section 19(b) to
permit it to make periodic distributions
of long-term capital gains with respect
to its common stock as frequently as
twelve times each year, and as
frequently as distributions are specified
in accordance with the terms of any
outstanding preferred stock that such
fund may issue.
VII. Amendments to Rule 19b–1
The requested relief will expire on the
effective date of any amendment to rule
19b–1 that provides relief permitting
certain closed-end investment
companies to make periodic
distributions of long-term capital gains
with respect to their outstanding
common stock as frequently as twelve
times each year.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–416 Filed 1–12–09; 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, Pub. L. 94–409, that the
Securities and Exchange Commission
will hold a Closed Meeting on
Thursday, January 15, 2009 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.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Casey, as duty officer,
voted to consider the items listed for the
Closed Meeting in closed session.
6 If the fund has been in operation fewer than five
years, the measured period will begin immediately
following the fund’s first public offering.
PO 00000
Frm 00073
Fmt 4703
Sfmt 4703
The subject matter of the Closed
Meeting scheduled for Thursday,
January 15, 2009 will be:
formal orders of investigation;
institution and settlement of injunctive
actions;
institution and settlement of
administrative proceedings of an
enforcement nature; and
other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact: The Office of the Secretary at
(202) 551–5400.
Dated: January 8, 2009.
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9–462 Filed 1–12–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–59211; File No. SR–BSE–
2008–56]
Self-Regulatory Organizations; Boston
Stock Exchange, Inc.; Notice of Filing
of Proposed Rule Change Relating to
BOX Rules Governing Doing Business
With the Public
January 7, 2009.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on December
9, 2008, the Boston Stock Exchange, Inc.
(‘‘BSE’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
substantially prepared by the selfregulatory organization. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Chapter XI of the Boston Options
Exchange (‘‘BOX’’) Rules by replacing
the term ‘‘Registered Options and
Security Futures Principal’’ (‘‘ROSFP’’)
with ‘‘Registered Options Principal’’
(‘‘ROP’’), to modify the confirmation
disclosure requirements to remain
1 15
2 17
E:\FR\FM\13JAN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
13JAN1
]]>Agencies
[Federal Register Volume 74, Number 8 (Tuesday, January 13, 2009)]
[Notices]
[Page 1734]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-462]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and
Exchange Commission will hold a Closed Meeting on Thursday, January 15,
2009 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.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR
200.402(a)(3), (5), (7), 9(ii) and (10), permit consideration of the
scheduled matters at the Closed Meeting.
Commissioner Casey, as duty officer, voted to consider the items
listed for the Closed Meeting in closed session.
The subject matter of the Closed Meeting scheduled for Thursday,
January 15, 2009 will be:
formal orders of investigation; institution and settlement of
injunctive actions;
institution and settlement of administrative proceedings of an
enforcement nature; and
other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
For further information and to ascertain what, if any, matters have
been added, deleted or postponed, please contact: The Office of the
Secretary at (202) 551-5400.
Dated: January 8, 2009.
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9-462 Filed 1-12-09; 8:45 am]
BILLING CODE 8011-01-P
