Sunshine Act Meeting, 47162 [2014-19100]

Download as PDF 47162 Federal Register / Vol. 79, No. 155 / Tuesday, August 12, 2014 / Notices and any impact on the Funds, and the application. Applicants state they will provide the Boards with the information concerning the Injunction and the application that is necessary for the Funds to fulfill their disclosure and other obligations under the federal securities laws. 6. Applicants also state that, if they were barred from providing services to the Funds, the effect on their businesses and employees would be severe. Applicants state that they have committed substantial resources to establishing an expertise in providing advisory and distribution services to Funds. Applicants further state that prohibiting them from providing such services would not only adversely affect their businesses, but would also adversely affect numerous employees who are involved in those activities. Applicants also state that disqualifying the ESC Advisers from continuing to provide investment advisory services to the ESCs is not in the public interest or in the furtherance of the protection of investors. Because the ESCs have been formed for certain key employees, officers and directors of Citigroup and its affiliates, it would not be consistent with the purposes of the ESC provisions of the Act or the terms and conditions of the ESC Order to require another entity not affiliated with Citigroup to manage the ESCs. In addition, participating employees of Citigroup and its affiliates likely subscribed for interests in the ESCs with the expectation that the ESCs would be managed by an affiliate of Citigroup. 7. Certain of the Applicants previously have applied for and received exemptions under section 9(c) as the result of conduct that triggered section 9(a) of the Act, as described in greater detail in the application. Applicants’ Condition emcdonald on DSK67QTVN1PROD with NOTICES Any temporary exemption granted pursuant to the application shall be without prejudice to, and shall not limit the Commission’s rights in any manner with respect to, any Commission investigation of, or administrative proceedings involving or against, Covered Persons, including, without limitation, the consideration by the Commission of a permanent exemption from section 9(a) of the Act requested pursuant to the application or the revocation or removal of any temporary exemptions granted under the Act in connection with the application. Temporary Order The Commission has considered the matter and finds that Applicants have 18:22 Aug 11, 2014 Jkt 232001 By the Commission. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2014–18983 Filed 8–11–14; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting Federal Register Citation of Previous Announcement: [to be published] STATUS: Closed Meeting. PLACE: 100 F Street NE., Washington, DC. DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Thursday, August 14, 2014. Cancellation of Meeting. The Closed Meeting scheduled for Thursday, August 14, 2014 at 2:00 p.m. has been cancelled. For further information please contact the Office of the Secretary at (202) 551– 5400. CHANGE IN THE MEETING: Dated: August 7, 2014. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2014–19100 Filed 8–8–14; 11:15 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Applicants agree that any order granting the requested relief will be subject to the following condition: VerDate Mar<15>2010 made the necessary showing to justify granting a temporary exemption. Accordingly, It is hereby ordered, pursuant to section 9(c) of the Act, that Applicants and any other Covered Persons are granted a temporary exemption from the provisions of section 9(a), solely with respect to the Injunction, subject to the condition in the application, from August 5, 2014, until the Commission takes final action on their application for a permanent order. [Release No. 34–72779; File No. SR– NASDAQ–2014–065] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt New Rule 5713 and List Paired Class Shares Issued by AccuShares® Commodities Trust I (2) list and trade Paired Class Shares issued by AccuShares® Commodities Trust I relating to the following funds pursuant to new Rule 5713: (a) AccuShares S&P GSCI® Spot Fund; (b) AccuShares S&P GSCI® Agriculture and Livestock Spot Fund; (c) AccuShares S&P GSCI® Industrial Metals Spot Fund; (d) AccuShares S&P GSCI® Crude Oil Spot Fund; (e) AccuShares S&P GSCI® Brent Oil Spot Fund; (f) AccuShares S&P GSCI® Natural Gas Spot Fund; and (g) AccuShares Spot CBOE® VIX® Fund. The proposed rule change was published for comment in the Federal Register on June 23, 2014.1 The Commission has not received any comments on the proposed rule change. Section 19(b)(2) of the Act 2 provides that, within 45 days of the publication of 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 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. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,3 designates September 19, 2014, as the date by which the Commission shall either approve or disapprove or institute proceedings to determine whether to disapprove the proposed rule change (File Number SR–NASDAQ–2014–065). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.4 Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2014–18980 Filed 8–11–14; 8:45 am] BILLING CODE 8011–01–P August 6, 2014. On June 11, 2014, The NASDAQ Stock Market LLC filed with the Securities and Exchange Commission (‘‘Commission’’) a proposed rule change to: (1) Adopt new Rule 5713 governing the listing of Paired Class Shares; and PO 00000 Frm 00081 Fmt 4703 Sfmt 9990 1 See Securities Exchange Act Release No. 72412 (June 17, 2014), 79 FR 35610. 2 15 U.S.C. 78s(b)(2). 3 Id. 4 17 CFR 200.30–3(a)(31). E:\FR\FM\12AUN1.SGM 12AUN1

Agencies

[Federal Register Volume 79, Number 155 (Tuesday, August 12, 2014)]
[Notices]
[Page 47162]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-19100]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

    Federal Register Citation of Previous Announcement: [to be 
published]

STATUS: Closed Meeting.

PLACE: 100 F Street NE., Washington, DC.

Date and Time of Previously Announced Meeting: Thursday, August 14, 
2014.

Change in the Meeting: Cancellation of Meeting.
    The Closed Meeting scheduled for Thursday, August 14, 2014 at 2:00 
p.m. has been cancelled.
    For further information please contact the Office of the Secretary 
at (202) 551-5400.

    Dated: August 7, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-19100 Filed 8-8-14; 11:15 am]
BILLING CODE 8011-01-P
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