Sunshine Act Meeting, 4591 [2012-2034]
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Federal Register / Vol. 77, No. 19 / Monday, January 30, 2012 / Notices
A. DSC Relief and Exchange and
Rollover Options
emcdonald on DSK29S0YB1PROD with NOTICES
1. Whenever the Exchange Option or
the Rollover Option is to be terminated
or its terms are to be amended
materially, any holder of a security
subject to that privilege will be given
prominent notice of the impending
termination or amendment at least 60
days prior to the date of termination or
the effective date of the amendment,
provided that: (a) No such notice need
be given if the only material effect of an
amendment is to reduce or eliminate the
sales charge payable at the time of an
exchange, to add one or more new
Series eligible for the Exchange Option
or the Rollover Option, or to delete a
Series which has terminated; and (b) no
notice need be given if, under
extraordinary circumstances, either (i)
there is a suspension of the redemption
of Units of the Series under section
22(e) of the Act and the rules and
regulations promulgated thereunder, or
(ii) a Series temporarily delays or ceases
the sale of its Units because it is unable
to invest amounts effectively in
accordance with applicable investment
objectives, policies and restrictions.
2. An investor who purchases Units
under the Exchange Option or the
Rollover Option will pay a lower sales
charge than that which would be paid
for the Units by a new investor.
3. The prospectus of each Series
offering exchanges or rollovers and any
sales literature or advertising that
mentions the existence of the Exchange
Option or Rollover Option will disclose
that the Exchange Option and the
Rollover Option are subject to
modification, termination or suspension
without notice, except in certain limited
cases.
4. Any DSC imposed on a Series’
Units will comply with the
requirements of subparagraphs (1), (2)
and (3) of rule 6c–10(a) under the Act.
5. Each Series offering Units subject to
a DSC will include in its prospectus the
disclosure required by Form N–1A
relating to deferred sales charges
(modified as appropriate to reflect the
differences between UITs and open-end
management investment companies)
and a schedule setting forth the number
and date of each Installment Payment.
B. Net Worth Requirement
For the Commission, by the Division of
Investment Management, under delegated
authority.
Kevin M. O’Neill,
Deputy Secretary.
15:09 Jan 27, 2012
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66213; File No. SR–CBOE–
2012–009]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Related to the
Appointments in Hybrid 3.0 Classes
Sunshine Act Meeting
January 23, 2012.
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 Advisory Committee on
Small and Emerging Companies will
hold a public meeting on Wednesday,
February 1, 2012, in Multi-Purpose
Room LL–006 at the Commission’s
headquarters, 100 F Street NE.,
Washington, DC. The meeting will begin
at 10 a.m. (EST) and will be open to the
public. Seating will be on a first-come,
first-served basis. Doors will open at
9:30 a.m. Visitors will be subject to
security checks. The meeting will be
webcast on the Commission’s Web site
at www.sec.gov.
Commissioner Walter, as duty officer,
determined that no earlier notice thereof
was possible.
On January 10, 2012, the Commission
published notice of the Committee
meeting (Release No. 33–9293),
indicating that the meeting is open to
the public and inviting the public to
submit written comments to the
Committee. This Sunshine Act notice is
being issued because a majority of the
Commission may attend the meeting.
The agenda for the meeting includes
consideration of recommendations and
other matters relating to rules and
regulations affecting small and emerging
companies under the federal securities
laws.
For further information, please
contact the Office of the Secretary at
(202) 551–5400.
Dated: January 26, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012–2034 Filed 1–26–12; 4:15 pm]
BILLING CODE 8011–01–P
Jkt 226001
SECURITIES AND EXCHANGE
COMMISSION
[FR Doc. 2012–1893 Filed 1–27–12; 8:45 am]
1. Applicants will comply in all
respects with the requirements of rule
14a–3 under the Act, except that the
Equity Series will not restrict their
portfolio investments to ‘‘eligible trust
securities.’’
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Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on January
17, 2012, the Chicago Board Options
Exchange, Incorporated (‘‘Exchange’’ or
‘‘CBOE’’) filed with the Securities and
Exchange Commission (the
‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Exchange has
designated the proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A) of the
Act 3 and Rule 19b–4(f)(6) thereunder.4
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 the Substance
of the Proposed Rule Change
The Exchange proposes to amend its
rules relating to Lead Market-Maker
(‘‘LMM’’) and Supplemental MarketMaker (‘‘SMM’’) appointments in
Hybrid 3.0 classes.5 The text of the
proposed rule change is available on the
Exchange’s Web site (www.cboe.org/
Legal), at the Exchange’s Office of the
Secretary and at the Commission.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6).
5 ‘‘Hybrid Trading System’’ refers to the
Exchange’s trading platform that allows MarketMakers to submit electronic quotes in their
appointed classes. ‘‘Hybrid 3.0 Platform’’ is an
electronic trading platform on the Hybrid Trading
System that allows one or more quoters to submit
electronic quotes which represent the aggregate
Market-Maker quoting interest in a series for the
trading crowd. Classes authorized by the Exchange
for trading on the Hybrid Trading System are
referred to as ‘‘Hybrid classes.’’ Classes authorized
by the Exchange for trading on the Hybrid 3.0
Platform are referred to as ‘‘Hybrid 3.0 classes.’’
References to ‘‘Hybrid,’’ ‘‘Hybrid System,’’ or
‘‘Hybrid Trading System’’ in the Exchange’s Rules
include all platforms unless otherwise provided by
rule. See Rule 1.1(aaa).
2 17
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30JAN1
Agencies
[Federal Register Volume 77, Number 19 (Monday, January 30, 2012)]
[Notices]
[Page 4591]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-2034]
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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, Public Law 94-409, that the Securities
and Exchange Commission Advisory Committee on Small and Emerging
Companies will hold a public meeting on Wednesday, February 1, 2012, in
Multi-Purpose Room LL-006 at the Commission's headquarters, 100 F
Street NE., Washington, DC. The meeting will begin at 10 a.m. (EST) and
will be open to the public. Seating will be on a first-come, first-
served basis. Doors will open at 9:30 a.m. Visitors will be subject to
security checks. The meeting will be webcast on the Commission's Web
site at www.sec.gov.
Commissioner Walter, as duty officer, determined that no earlier
notice thereof was possible.
On January 10, 2012, the Commission published notice of the
Committee meeting (Release No. 33-9293), indicating that the meeting is
open to the public and inviting the public to submit written comments
to the Committee. This Sunshine Act notice is being issued because a
majority of the Commission may attend the meeting.
The agenda for the meeting includes consideration of
recommendations and other matters relating to rules and regulations
affecting small and emerging companies under the federal securities
laws.
For further information, please contact the Office of the Secretary
at (202) 551-5400.
Dated: January 26, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-2034 Filed 1-26-12; 4:15 pm]
BILLING CODE 8011-01-P