In the Matter of VHGI Holdings, Inc.; Order of Suspension of Trading, 65756 [2014-26360]
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65756
Federal Register / Vol. 79, No. 214 / Wednesday, November 5, 2014 / Notices
how it is made available and by whom;
(d) the risks involved in trading the
Shares during the Pre-Market and PostMarket Sessions when an updated
Intraday Indicative Value will not be
calculated or publicly disseminated; (e)
the requirement that members deliver a
prospectus to investors purchasing
newly issued Shares prior to or
concurrently with the confirmation of a
transaction; and (f) trading information.
(6) For initial and continued listing,
each Fund and its respective Subsidiary
must be in compliance with Rule 10A–
3 under the Act.37
(7) Each Fund may hold up to an
aggregate amount of 15% of its net
assets in illiquid assets (calculated at
the time of investment). Each Fund will
monitor its portfolio liquidity on an
ongoing basis to determine whether, in
light of current circumstances, an
adequate level of liquidity is being
maintained, and will consider taking
appropriate steps in order to maintain
adequate liquidity if, through a change
in values, net assets, or other
circumstances, more than 15% of a
Fund’s net assets are held in illiquid
assets.
(8) No Fund will invest directly in
Commodities. However, each Fund
expects to gain significant exposure to
Commodities indirectly by investing
directly in the applicable Subsidiary.
Each Fund’s investment in its
applicable Subsidiary may not exceed
25% of such Fund’s total assets at each
quarter end of such Fund’s fiscal year.
Each Fund and the applicable
Subsidiary will not invest in any nonU.S. equity securities (other than shares
of the Subsidiary).
(9) No Fund or Subsidiary will invest
directly in physical commodities.
(10) Each Fund’s Subsidiary will
invest in Commodities. The
Commodities generally will be
components of the Benchmark for each
Fund, but each Subsidiary also may
invest in Commodities that are outside
of the Benchmark.
(11) Each Fund’s and its respective
Subsidiary’s investments will be
consistent with that Fund’s investment
objectives. In pursuing its investment
objective, a Fund may utilize
instruments that have a leveraging effect
on that Fund. Any instance of effective
leverage will be covered in accordance
with guidance promulgated by the
Commission and its staff. Each Fund
does not presently intend to engage in
any form of borrowing for investment
purposes, and will not be operated as
‘‘leveraged ETFs, i.e., it will not be
operated in a manner designed to seek
a multiple of the performance of an
underlying reference index.
(12) A minimum of 100,000 Shares of
each Fund will be outstanding at the
commencement of trading on the
Exchange.
This approval order is based on all of
the Exchange’s representations,
including those set forth above and in
the Notice, and the Exchange’s
description of the Funds.
For the foregoing reasons, the
Commission finds that the proposed
rule change is consistent with Section
6(b)(5) of the Act 38 and the rules and
regulations thereunder applicable to a
national securities exchange.
By the Commission.
Brent J. Fields,
Secretary.
IV. Conclusion
SUMMARY:
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,39 that the
proposed rule change (SR–NASDAQ–
2014–080), as modified by Amendment
No. 1 thereto, be, and it hereby is,
approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.40
Brent J. Fields,
Secretary.
[FR Doc. 2014–26229 Filed 11–4–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of VHGI Holdings, Inc.;
Order of Suspension of Trading
November 3, 2014.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of VHGI
Holdings, Inc. (‘‘VHGI’’) because it has
not filed a periodic report since it filed
its Form 10–K for the period ending
December 31, 2012, filed on June 26,
2013. VHGI’s common stock (ticker
‘‘VHGI’’) was quoted on OTC Link
(previously ‘‘Pink Sheets’’) operated by
OTC Markets Group, Inc.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of VHGI. Therefore, it
is ordered, pursuant to Section 12(k) of
the Securities Exchange Act of 1934,
that trading in the securities of VHGI is
suspended for the period from 9:30 a.m.
EDT on November 3, 2014, through
11:59 p.m. EDT on November 14, 2014.
38 15
U.S.C. 78f(b)(5).
U.S.C. 78s(b)(2).
40 17 CFR 200.30–3(a)(12).
39 15
37 See
17 CFR 240.10A–3.
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[FR Doc. 2014–26360 Filed 11–3–14; 11:15 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice 8937]
Culturally Significant Objects Imported
for Exhibition Determinations: ‘‘The
Winchester Bible: A Masterpiece of
Medieval Art’’
Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), Executive Order 12047 of March
27, 1978, the Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, and Delegation of
Authority No. 236–3 of August 28, 2000
(and, as appropriate, Delegation of
Authority No. 257 of April 15, 2003), I
hereby determine that the objects to be
included in the exhibition ‘‘The
Winchester Bible: A Masterpiece of
Medieval Art,’’ imported from abroad
for temporary exhibition within the
United States, are of cultural
significance. The objects are imported
pursuant to a loan agreement with the
foreign owner or custodian. I also
determine that the exhibition or display
of the exhibit objects at the Metropolitan
Museum of Art, New York, New York,
from on or about December 9, 2014,
until on or about March 8, 2015, and at
possible additional exhibitions or
venues yet to be determined, is in the
national interest. I have ordered that
Public Notice of these Determinations
be published in the Federal Register.
For
further information, including a list of
the imported objects, contact Paul W.
Manning, Attorney-Adviser, Office of
the Legal Adviser, U.S. Department of
State (telephone: 202–632–6469). The
mailing address is U.S. Department of
State, SA–5, L/PD, Fifth Floor (Suite
5H03), Washington, DC 20522–0505.
FOR FURTHER INFORMATION CONTACT:
Dated: October 24, 2014.
Kelly Keiderling,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2014–26280 Filed 11–4–14; 8:45 am]
BILLING CODE 4710–05–P
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[Federal Register Volume 79, Number 214 (Wednesday, November 5, 2014)]
[Notices]
[Page 65756]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-26360]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of VHGI Holdings, Inc.; Order of Suspension of
Trading
November 3, 2014.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
VHGI Holdings, Inc. (``VHGI'') because it has not filed a periodic
report since it filed its Form 10-K for the period ending December 31,
2012, filed on June 26, 2013. VHGI's common stock (ticker ``VHGI'') was
quoted on OTC Link (previously ``Pink Sheets'') operated by OTC Markets
Group, Inc.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of VHGI. Therefore, it is ordered, pursuant to Section 12(k)
of the Securities Exchange Act of 1934, that trading in the securities
of VHGI is suspended for the period from 9:30 a.m. EDT on November 3,
2014, through 11:59 p.m. EDT on November 14, 2014.
By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2014-26360 Filed 11-3-14; 11:15 am]
BILLING CODE 8011-01-P
