Pacific Clean Water Technologies, Inc.; Order of Suspension of Trading, 62931 [2013-24610]
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Federal Register / Vol. 78, No. 204 / Tuesday, October 22, 2013 / Notices
temporary exemption will sunset on
March 3, 2014. This will facilitate an
orderly transition to the new
requirements by providing brokerdealers with more time to make any
necessary operational or systems
changes. For example, industry
representatives have indicated that
many firms initiate freezes around the
year end with respect to changing
systems and codes. As a result of this
temporary exemption, the Commission
is directing the staff to delay from
October 21, 2013 to March 3, 2014 the
date for the withdrawal of the November
8, 1998 staff no-action letter that
addresses the net capital treatment of
proprietary accounts of introducing
broker-dealers.10
The Commission is not granting a
temporary exemption from the
remaining new requirements adopted in
Exchange Act Release No. 70072: (1)
The requirement in paragraph (j)(1) of
Rule 15c3–3; (2) the new requirements
in Rule 15c3–1 (other than the
requirement in paragraph (c)(2)(iv)(E)(2)
of Rule 15c3–1); (3) and the new
requirements in Rule 17a–11. Brokerdealers have not identified these
requirements as presenting a challenge
in terms of achieving compliance by
October 21, 2013. In addition, this
temporary exemption does not apply to
any other requirements in Rule 15c3–3,
Rule 15c3–3a, Rule 17a–3, Rule 17a–4,
or Rule 15c3–1.
The effective date is quickly
approaching, and granting a limited
exemption until March 3, 2014 to
broker-dealers from certain new
requirements will help to facilitate an
orderly implementation of the final rule
amendments.
For the foregoing reasons, the
Commission finds that this temporary
exemption is necessary and appropriate
in the public interest, and is consistent
with the protection of investors.11
It is hereby ordered that brokerdealers are temporarily exempt until
March 3, 2014 from the requirements of
the following new amendments to the
broker-dealer financial responsibility
rules adopted in Exchange Act Release
No. 70072: (1) Rule 15c3–3, except
paragraph (j)(1); (2) Rule 15c3–3a; (3)
Rule 17a–3; (4) Rule 17a–4; and (5)
paragraph (c)(2)(iv)(E)(2) of Rule 15c3–
1.
II. Conclusion
Accordingly, pursuant to Section 36
of the Exchange Act,
Editorial Note: This document was
received by the Office of the Federal Register
on October 17, 2013.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013–24609 Filed 10–21–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
China Ritar Power Corp., Order of
Suspension of Trading
sroberts on DSK5SPTVN1PROD with FRONT MATTER
VerDate Mar<15>2010
21:08 Oct 21, 2013
Jkt 232001
Clean Water Technologies, Inc.
(‘‘PCWT’’) because of questions
regarding the adequacy and accuracy of
publicly disseminated information
concerning, among other things, the
company’s business operations. PCWT
is a Delaware corporation based in
Irvine, California. It is quoted on OTC
Link under the symbol PCWT.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed company is
suspended for the period from 5:30 p.m.
EDT on October 11, 2013 through 11:59
p.m. EDT, on October 24, 2013.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013–24610 Filed 10–21–13; 8:45 am]
October 4, 2013.
BILLING CODE 8011–01–P
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of China Ritar
Power Corp. because China Ritar Power
Corp. has not filed any periodic reports
for any reporting period subsequent to
the period ended September 30, 2010.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in securities of China Ritar Power Corp.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of China Ritar Power Corp. is
suspended for the period from 9:30 a.m.
EDT, October 4, 2013, through 11:59
p.m. EDT, on October 17, 2013.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2013–24605 Filed 10–21–13; 8:45 am]
adopted. See also Financial Responsibility Rules for
Broker-Dealers, 78 FR at 51831–51832.
10 See Letter of Michael A. Macchiaroli, Associate
Director, Division of Market Regulation,
Commission, to Raymond J. Hennessy, Vice
President, NYSE, and Thomas Cassella, Vice
President, NASD Regulation, Inc. (Nov. 3, 1998).
See also Financial Responsibility Rules for BrokerDealers, 78 FR at 51828 (directing the staff to
withdraw the no-action letter as of the effective date
of the amendments).
11 Section 36 of the Exchange Act authorizes the
Commission, by rule, regulation, or order, to
conditionally or unconditionally exempt any
person from any rule under the Exchange Act, to
the extent that the exemption is necessary or
appropriate in the public interest and is consistent
with the protection of investors. 15 U.S.C. 78mm.
62931
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
Pacific Clean Water Technologies, Inc.;
Order of Suspension of Trading
October 11, 2013.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Pacific
PO 00000
Frm 00349
Fmt 4703
Sfmt 4703
SMALL BUSINESS ADMINISTRATION
[License No. 09/79–0454]
Emergence Capital Partners SBIC,
L.P.; Notice Seeking Exemption Under
Section 312 of the Small Business
Investment Act, Conflicts of Interest
Notice is hereby given that Emergence
Capital Partners SBIC, L.P., 160 Bovet
Road, Suite 300, San Mateo, CA 94402,
a Federal Licensee under the Small
Business Investment Act of 1958, as
amended (‘‘the Act’’), in connection
with the financing of a small concern,
has sought an exemption under Section
312 of the Act and Section 107.730,
Financings which Constitute Conflicts
of Interest of the Small Business
Administration (‘‘SBA’’) Rules and
Regulations (13 CFR 107.730).
Emergence Capital Partners SBIC, L.P.
proposes to provide equity security
financing to Bill.com, Inc., 3250 Ash
Street, Palo Alto, CA 94306.
The financing is brought within the
purview of § 107.730(a)(1) of the
Regulations because the financing of
Bill.com, Inc. by Emergence Capital
Partners, Inc. will not occur at the same
time, and on the same terms and
conditions of the financing by
Emergence Capital Partners, L.P. and
Emergence Capital Associates, L.P., both
Associates of Emergence Capital
Partners SBIC, L.P., and therefore this
transaction is considered a financing of
an Associate requiring prior SBA
approval.
E:\FR\FM\22OCN1.SGM
22OCN1
Agencies
[Federal Register Volume 78, Number 204 (Tuesday, October 22, 2013)]
[Notices]
[Page 62931]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-24610]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
Pacific Clean Water Technologies, Inc.; Order of Suspension of
Trading
October 11, 2013.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Pacific Clean Water Technologies, Inc. (``PCWT'') because of questions
regarding the adequacy and accuracy of publicly disseminated
information concerning, among other things, the company's business
operations. PCWT is a Delaware corporation based in Irvine, California.
It is quoted on OTC Link under the symbol PCWT.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the securities of the
above-listed company is suspended for the period from 5:30 p.m. EDT on
October 11, 2013 through 11:59 p.m. EDT, on October 24, 2013.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-24610 Filed 10-21-13; 8:45 am]
BILLING CODE 8011-01-P