Notice of Meeting of Securities and Exchange Commission Dodd-Frank Investor Advisory Committee, 3260-3261 [2014-00795]
Download as PDF
emcdonald on DSK67QTVN1PROD with NOTICES
3260
Federal Register / Vol. 79, No. 12 / Friday, January 17, 2014 / Notices
allocated, up to the amount proposed to
be invested by each.
(d) The acquisition of Follow-On
Investments as permitted by this
condition will be considered a CoInvestment Transaction for all purposes
and subject to the other conditions set
forth in this application.
9. The Non-Interested Directors of
each Regulated Fund will be provided
quarterly for review all information
concerning Potential Co-Investment
Transactions and Co-Investment
Transactions, including investments
made by other Regulated Funds or
Future Affiliated Funds that the
Regulated Fund considered but declined
to participate in, so that the NonInterested Directors may determine
whether all investments made during
the preceding quarter, including those
investments that the Regulated Fund
considered but declined to participate
in, comply with the conditions of the
Order. In addition, the Non-Interested
Directors will consider at least annually
the continued appropriateness for the
Regulated Fund of participating in new
and existing Co-Investment
Transactions.
10. Each Regulated Fund will
maintain the records required by
Section 57(f)(3) of the Act as if each of
the Regulated Funds were a BDC and
each of the investments permitted under
these conditions were approved by the
Required Majority under Section 57(f) of
the Act.
11. No Non-Interested Director of a
Regulated Fund will also be a director,
general partner, managing member or
principal, or otherwise an ‘‘affiliated
person’’ (as defined in the Act) of a
Future Affiliated Fund.
12. The expenses, if any, associated
with acquiring, holding or disposing of
any securities acquired in a CoInvestment Transaction (including,
without limitation, the expenses of the
distribution of any such securities
registered for sale under the Securities
Act) will, to the extent not payable by
the Advisers under their respective
investment advisory agreements with
Future Affiliated Funds and the
Regulated Funds, be shared by the
Regulated Funds and the Future
Affiliated Funds in proportion to the
relative amounts of the securities held
or to be acquired or disposed of, as the
case may be.
13. Any transaction fee (including
break-up or commitment fees but
excluding broker’s fees contemplated
Section 17(e) or 57(k) of the Act, as
applicable), received in connection with
a Co-Investment Transaction will be
distributed to the participating
Regulated Funds and Future Affiliated
VerDate Mar<15>2010
17:00 Jan 16, 2014
Jkt 232001
Funds on a pro rata basis based on the
amounts they invested or committed, as
the case may be, in such Co-Investment
Transaction. If any transaction fee is to
be held by an Adviser pending
consummation of the transaction, the
fee will be deposited into an account
maintained by such Adviser at a bank or
banks having the qualifications
prescribed in Section 26(a)(1) of the Act,
and the account will earn a competitive
rate of interest that will also be divided
pro rata among the participating
Regulated Funds and Future Affiliated
Funds based on the amounts they invest
in such Co-Investment Transaction.
None of the Future Affiliated Funds, the
Advisers, the other Regulated Funds or
any affiliated person of the Regulated
Funds or Future Affiliated Funds will
receive additional compensation or
remuneration of any kind as a result of
or in connection with a Co-Investment
Transaction (other than (a) in the case
of the Regulated Funds and the Future
Affiliated Funds, the pro rata
transaction fees described above and
fees or other compensation described in
condition 2(c)(iii)(C); and (b) in the case
of an Adviser, investment advisory fees
paid in accordance with the agreement
between the Adviser and the Regulated
Fund or Future Affiliated Fund.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2014–00822 Filed 1–16–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release Nos. 33–9510; 34–71289, File No.
265–28]
Notice of Meeting of Securities and
Exchange Commission Dodd-Frank
Investor Advisory Committee
Securities and Exchange
Commission.
ACTION: Notice of meeting of Securities
and Exchange Commission Dodd-Frank
Investor Advisory Committee.
AGENCY:
The Securities and Exchange
Commission Investor Advisory
Committee, established pursuant to
Section 911 of the Dodd-Frank Wall
Street Reform and Consumer Protection
Act of 2010, is providing notice that it
will hold a public meeting on Friday,
January 31, 2014, in Multi-Purpose
Room LL–006 at the Commission’s
headquarters, 100 F Street NE.,
Washington, DC 20549. The meeting
will begin at 10:00 a.m. (EDT) and end
SUMMARY:
PO 00000
Frm 00098
Fmt 4703
Sfmt 4703
at 4:30 p.m. and will be open to the
public, except during portions of the
meeting reserved for meetings of the
Committee’s subcommittees. The
meeting will be webcast on the
Commission’s Web site at www.sec.gov.
Persons needing special
accommodations to take part because of
a disability should notify the contact
person listed below. The public is
invited to submit written statements to
the Committee. The agenda for the
meeting includes: Remarks from
Commissioners; a recommendation from
the Market Structure Subcommittee and
the Investor as Purchaser Subcommittee
regarding decimalization; discussion of
crowdfunding; discussion of rebates and
payments for order flow; and nonpublic
subcommittee meetings.
Written statements should be
received on or before January 31, 2014.
DATES:
Written statements may be
submitted by any of the following
methods:
ADDRESSES:
Electronic Statements
D Use the Commission’s Internet
submission form (https://www.sec.gov/
rules/other.shtml); or
D Send an email message to rulescomments@sec.gov. Please include File
No. 265–28 on the subject line; or
Paper Statements
D Send paper statements in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street NE., Washington, DC
20549–1090.
All submissions should refer to File No.
265–28. This file number should be
included on the subject line if email is
used. To help us process and review
your statement more efficiently, please
use only one method.
Statements also will be available for
Web site viewing and printing in the
Commission’s Public Reference Room,
100 F Street NE., Room 1580,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. All statements
received will be posted without change;
we do not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly.
M.
Owen Donley III, Chief Counsel, at (202)
551–6322, Office of Investor Education
and Advocacy, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549.
FOR FURTHER INFORMATION CONTACT:
E:\FR\FM\17JAN1.SGM
17JAN1
Federal Register / Vol. 79, No. 12 / Friday, January 17, 2014 / Notices
Dated: January 13, 2014.
Elizabeth M. Murphy,
Secretary.
published for comment in the Federal
Register on November 27, 2013.3 The
Commission received no comment
letters regarding the proposal. For the
reasons discussed below, the
Commission is granting approval of the
proposed rule change.
[FR Doc. 2014–00795 Filed 1–16–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
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 an Open Meeting
on Wednesday, January 22, 2014 at 10
a.m., in the Auditorium, Room L–002.
The subject matter of the Open
Meeting will be:
The Commission will consider
whether to approve the 2014 budget of
the Public Company Accounting
Oversight Board and will consider the
related annual accounting support fee
for the Board under Section 109 of the
Sarbanes-Oxley Act of 2002.
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 15, 2014.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2014–01034 Filed 1–15–14; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–71218; File No. SR–CME–
2013–24]
Self-Regulatory Organizations;
Chicago Mercantile Exchange Inc.;
Order Approving Proposed Rule
Change Regarding the Designation of
a Primary Backup Data Center
emcdonald on DSK67QTVN1PROD with NOTICES
December 31, 2013.
I. Introduction
On November 15, 2013, Chicago
Mercantile Exchange Inc. (‘‘CME’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change (SR–CME–2013–
24) pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder.2
The proposed rule change was
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Mar<15>2010
17:00 Jan 16, 2014
Jkt 232001
II. Description
CME is proposing to activate its New
York Data Center (‘‘1NE Data Center’’) as
its primary backup data center. The 1NE
Data Center currently operates in part as
a tertiary data center for CME. CME has
proposed that the 1NE Data Center will
be redesigned and will become the
primary backup data center in place of
CME’s current backup data center, the
Remote Data Center (‘‘RDC’’). In
addition to housing CME’s New York
trading floor and office staff systems, the
1NE Data Center will house CME’s
primary back-up for electronic trading,
clearing, and regulatory infrastructures.
CME has stated that because the 1NE
Data Center will be located in a distinct
geographic area from CME’s primary
facility, the proposal to relocate the
primary backup data facility will
mitigate risks associated with a large
scale disruption associated with only
one geographical area (for example, a
weather event). Because the 1NE Data
Center will feature single IP
connectivity, CME’s customers will not
have to change their configurations or
take any additional steps to connect to
the 1NE Data Center and the risk of
disruptions in connectivity will be
decreased.
CME has stated that the proposal will
help to ensure that CME has sufficient
physical, technological and personnel
resources to enable the timely recovery
and resumption of operations following
disruptions, resulting in an increase in
reliability and security of its backup
data facilities. The proposed change
does not involve any changes to CME’s
rulebook.
III. Discussion and Commission
Findings
Section 19(b)(2)(C) of the Act 4 directs
the Commission to approve a proposed
rule change of a self-regulatory
organization if the Commission finds
that such proposed rule change is
consistent with the requirements of the
Act 5 and the rules and regulations
thereunder applicable to such selfregulatory organization. Section
17A(b)(3)(F) of the Act 6 requires, among
other things, that the rules of a clearing
agency are designed to promote the
prompt and accurate clearance and
settlement of securities transactions
and, to the extent applicable, derivative
agreements, contracts, and transactions,
to assure the safeguarding of securities
and funds which are in the custody or
control of the clearing agency and for
which it is responsible and, in general,
to protect investors and the public
interest. The Commission finds that the
proposed rule change is designed to
enhance CME’s business continuity
program and data reliability and
security and thereby (1) promote the
prompt and accurate clearance and
settlement of securities transactions
and, to the extent applicable, derivatives
agreements, contracts, and transactions;
(2) help to assure the safeguarding of
securities and funds which are in the
custody or control of CME; and (3) help
to protect investors and the public
interest, consistent with the
requirements of Section 17A(b)(3)(F) of
the Act.7
IV. Conclusion
On the basis of the foregoing, the
Commission finds that the proposal is
consistent with the requirements of the
Act and in particular with the
requirements of Section 17A of the Act 8
and the rules and regulations
thereunder.
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,9 that the
proposed rule change (File No. SR–
CME–2013–24) be, and hereby is,
approved.10
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2014–00834 Filed 1–16–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
Power Air Corporation, Wescorp
Energy, Inc., and World Ventures, Inc.;
Order of Suspension of Trading
January 15, 2014.
It appears to the Securities and
Exchange Commission that there is a
7 15
U.S.C. 78q–1(b)(3)(F).
U.S.C. 78q–1.
9 15 U.S.C. 78s(b)(2).
10 In approving the proposed rule change, the
Commission considered the proposal’s impact on
efficiency, competition and capital formation. 15
U.S.C. 78c(f).
11 17 CFR 200.30–3(a)(12).
8 15
3 Securities Exchange Act Release No. 34–70917
(November 21, 2013), 78 FR 71015 (November 27,
2013).
4 15 U.S.C. 78s(b)(2)(C).
5 15 U.S.C. 78s(b)(1).
6 15 U.S.C. 78q–1(b)(3)(F).
PO 00000
Frm 00099
Fmt 4703
Sfmt 4703
3261
E:\FR\FM\17JAN1.SGM
17JAN1
Agencies
[Federal Register Volume 79, Number 12 (Friday, January 17, 2014)]
[Notices]
[Pages 3260-3261]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-00795]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release Nos. 33-9510; 34-71289, File No. 265-28]
Notice of Meeting of Securities and Exchange Commission Dodd-
Frank Investor Advisory Committee
AGENCY: Securities and Exchange Commission.
ACTION: Notice of meeting of Securities and Exchange Commission Dodd-
Frank Investor Advisory Committee.
-----------------------------------------------------------------------
SUMMARY: The Securities and Exchange Commission Investor Advisory
Committee, established pursuant to Section 911 of the Dodd-Frank Wall
Street Reform and Consumer Protection Act of 2010, is providing notice
that it will hold a public meeting on Friday, January 31, 2014, in
Multi-Purpose Room LL-006 at the Commission's headquarters, 100 F
Street NE., Washington, DC 20549. The meeting will begin at 10:00 a.m.
(EDT) and end at 4:30 p.m. and will be open to the public, except
during portions of the meeting reserved for meetings of the Committee's
subcommittees. The meeting will be webcast on the Commission's Web site
at www.sec.gov. Persons needing special accommodations to take part
because of a disability should notify the contact person listed below.
The public is invited to submit written statements to the Committee.
The agenda for the meeting includes: Remarks from Commissioners; a
recommendation from the Market Structure Subcommittee and the Investor
as Purchaser Subcommittee regarding decimalization; discussion of
crowdfunding; discussion of rebates and payments for order flow; and
nonpublic subcommittee meetings.
DATES: Written statements should be received on or before January 31,
2014.
ADDRESSES: Written statements may be submitted by any of the following
methods:
Electronic Statements
[ssquf] Use the Commission's Internet submission form (https://www.sec.gov/rules/other.shtml); or
[ssquf] Send an email message to rules-comments@sec.gov. Please
include File No. 265-28 on the subject line; or
Paper Statements
[ssquf] Send paper statements in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street NE.,
Washington, DC 20549-1090.
All submissions should refer to File No. 265-28. This file number
should be included on the subject line if email is used. To help us
process and review your statement more efficiently, please use only one
method.
Statements also will be available for Web site viewing and printing
in the Commission's Public Reference Room, 100 F Street NE., Room 1580,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. All statements received will be posted without
change; we do not edit personal identifying information from
submissions. You should submit only information that you wish to make
available publicly.
FOR FURTHER INFORMATION CONTACT: M. Owen Donley III, Chief Counsel, at
(202) 551-6322, Office of Investor Education and Advocacy, Securities
and Exchange Commission, 100 F Street NE., Washington, DC 20549.
[[Page 3261]]
Dated: January 13, 2014.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2014-00795 Filed 1-16-14; 8:45 am]
BILLING CODE 8011-01-P