Interest Rates, 18922-18923 [2015-08039]
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Federal Register / Vol. 80, No. 67 / Wednesday, April 8, 2015 / Notices
Investing Trust, or an affiliated person
of the Fund of Funds Adviser, or trustee
or Sponsor of the Investing Trust, other
than any advisory fees paid to the Fund
of Funds Adviser, trustee or Sponsor of
an Investing Trust, or its affiliated
person by the Fund, or its respective
Master Fund, in connection with the
investment by the Fund of Funds in the
Fund. Any Fund of Funds Sub-Adviser
will waive fees otherwise payable to the
Fund of Funds Sub-Adviser, directly or
indirectly, by the Investing Management
Company in an amount at least equal to
any compensation received from a
Fund, or its respective Master Fund, by
the Fund of Funds Sub-Adviser, or an
affiliated person of the Fund of Funds
Sub-Adviser, other than any advisory
fees paid to the Fund of Funds SubAdviser or its affiliated person by the
Fund, or its respective Master Fund, in
connection with the investment by the
Investing Management Company in the
Fund made at the direction of the Fund
of Funds Sub-Adviser. In the event that
the Fund of Funds Sub-Adviser waives
fees, the benefit of the waiver will be
passed through to the Investing
Management Company.
6. No Fund of Funds or Fund of
Funds Affiliate (except to the extent it
is acting in its capacity as an investment
adviser to a Fund) will cause a Fund, or
its respective Master Fund, to purchase
a security in any Affiliated
Underwriting.
7. The Board of a Fund, or its
respective Master Fund, including a
majority of the non-interested Board
members, will adopt procedures
reasonably designed to monitor any
purchases of securities by the Fund, or
its respective Master Fund, in an
Affiliated Underwriting, once an
investment by a Fund of Funds in the
securities of the Fund exceeds the limit
of section 12(d)(1)(A)(i) of the Act,
including any purchases made directly
from an Underwriting Affiliate. The
Board will review these purchases
periodically, but no less frequently than
annually, to determine whether the
purchases were influenced by the
investment by the Fund of Funds in the
Fund. The Board will consider, among
other things: (i) Whether the purchases
were consistent with the investment
objectives and policies of the Fund, or
its respective Master Fund; (ii) how the
performance of securities purchased in
an Affiliated Underwriting compares to
the performance of comparable
securities purchased during a
comparable period of time in
underwritings other than Affiliated
Underwritings or to a benchmark such
as a comparable market index; and (iii)
whether the amount of securities
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purchased by the Fund, or its respective
Master Fund, in Affiliated
Underwritings and the amount
purchased directly from an
Underwriting Affiliate have changed
significantly from prior years. The
Board will take any appropriate actions
based on its review, including, if
appropriate, the institution of
procedures designed to ensure that
purchases of securities in Affiliated
Underwritings are in the best interest of
shareholders of the Fund.
8. Each Fund, or its respective Master
Fund, will maintain and preserve
permanently in an easily accessible
place a written copy of the procedures
described in the preceding condition,
and any modifications to such
procedures, and will maintain and
preserve for a period of not less than six
years from the end of the fiscal year in
which any purchase in an Affiliated
Underwriting occurred, the first two
years in an easily accessible place, a
written record of each purchase of
securities in Affiliated Underwritings
once an investment by a Fund of Funds
in the securities of the Fund exceeds the
limit of section 12(d)(1)(A)(i) of the Act,
setting forth from whom the securities
were acquired, the identity of the
underwriting syndicate’s members, the
terms of the purchase, and the
information or materials upon which
the Board’s determinations were made.
9. Before investing in a Fund in
excess of the limit in section
12(d)(1)(A), a Fund of Funds and the
Trust will execute a FOF Participation
Agreement stating without limitation
that their respective boards of directors
or trustees and their investment
advisers, or trustee and Sponsor, as
applicable, understand the terms and
conditions of the order, and agree to
fulfill their responsibilities under the
order. At the time of its investment in
Shares of a Fund in excess of the limit
in section 12(d)(1)(A)(i), a Fund of
Funds will notify the Fund of the
investment. At such time, the Fund of
Funds will also transmit to the Fund a
list of the names of each Fund of Funds
Affiliate and Underwriting Affiliate. The
Fund of Funds will notify the Fund of
any changes to the list of the names as
soon as reasonably practicable after a
change occurs. The Fund and the Fund
of Funds will maintain and preserve a
copy of the order, the FOF Participation
Agreement, and the list with any
updated information for the duration of
the investment and for a period of not
less than six years thereafter, the first
two years in an easily accessible place.
10. Before approving any advisory
contract under section 15 of the Act, the
board of directors or trustees of each
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Investing Management Company
including a majority of the disinterested
directors or trustees, will find that the
advisory fees charged under such
contract are based on services provided
that will be in addition to, rather than
duplicative of, the services provided
under the advisory contract(s) of any
Fund, or its respective Master Fund, in
which the Investing Management
Company may invest. These findings
and their basis will be fully recorded in
the minute books of the appropriate
Investing Management Company.
11. Any sales charges and/or service
fees charged with respect to shares of a
Fund of Funds will not exceed the
limits applicable to a fund of funds as
set forth in NASD Conduct Rule 2830.
12. No Fund, or its respective Master
Fund, will acquire securities of an
investment company or company
relying on section 3(c)(1) or 3(c)(7) of
the Act in excess of the limits contained
in section 12(d)(1)(A) of the Act, except
to the extent (i) the Fund, or its
respective Master Fund, acquires
securities of another investment
company pursuant to exemptive relief
from the Commission permitting the
Fund, or its respective Master Fund, to
acquire securities of one or more
investment companies for short-term
cash management purposes or (ii) the
Fund acquires securities of the Master
Fund pursuant to the Master–Feeder
Relief.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Brent J. Fields,
Secretary.
[FR Doc. 2015–07971 Filed 4–7–15; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
Interest Rates
The Small Business Administration
publishes an interest rate called the
optional ‘‘peg’’ rate (13 CFR 120.214) on
a quarterly basis. This rate is a weighted
average cost of money to the
government for maturities similar to the
average SBA direct loan. This rate may
be used as a base rate for guaranteed
fluctuating interest rate SBA loans. This
rate will be 2.125 (21⁄4) percent for the
April–June quarter of FY 2015.
Pursuant to 13 CFR 120.921(b), the
maximum legal interest rate for any
third party lender’s commercial loan
which funds any portion of the cost of
a 504 project (see 13 CFR 120.801) shall
be 6% over the New York Prime rate or,
if that exceeds the maximum interest
rate permitted by the constitution or
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Federal Register / Vol. 80, No. 67 / Wednesday, April 8, 2015 / Notices
laws of a given State, the maximum
interest rate will be the rate permitted
by the constitution or laws of the given
State.
Linda S. Rusche,
Director, Office of Financial Assistance.
[FR Doc. 2015–08039 Filed 4–7–15; 8:45 am]
BILLING CODE P
DEPARTMENT OF STATE
[Public Notice: 9087]
60-Day Notice of Proposed Information
Collection: Affidavit of Relationship
Notice of request for public
comment.
ACTION:
The Department of State is
seeking Office of Management and
Budget (OMB) approval for the
information collection described below.
In accordance with the Paperwork
Reduction Act of 1995, we are
requesting comments on this collection
from all interested individuals and
organizations. The purpose of this
notice is to allow 60 days for public
comment preceding submission of the
collection to OMB.
DATES: The Department will accept
comments from the public up to June 8,
2015.
ADDRESSES: Direct any comments on
this request to Sumitra Siram, Program
Officer, Department of State, Bureau of
Population, Refugees and Migration,
Office of Admissions, 2025 E Street
NW., Washington DC, 20522.
You may submit comments by any of
the following methods:
• Web: Persons with access to the
Internet may comment on this notice by
going to www.Regulations.gov. You can
search for the document by entering
‘‘Docket Number: DOS–2015–0015’’ in
the Search field. Then click the
‘‘Comment Now’’ button and complete
the comment form.
• Email: SiramS@state.gov.
• Regular Mail: Send written
comments to: PRM/Office of
Admissions, 2025 E Street NW., 8th
Floor, Washington, DC 20255–0908.
• Fax: (202) 453–9393, Attention:
Sumitra Siram.
You must include the DS form
number (if applicable), information
collection title, and the OMB control
number in any correspondence.
FOR FURTHER INFORMATION CONTACT:
Direct requests for additional
information regarding the collection
listed in this notice, including requests
for copies of the proposed collection
instrument and supporting documents,
asabaliauskas on DSK5VPTVN1PROD with NOTICES
SUMMARY:
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to Sumitra Siram, Program Officer,
PRM/Office of Admissions, 2025 E
Street NW., Washington DC, 20522–
0908, who may be reached on 202–453–
9250 or at SiramS@state.gov.
SUPPLEMENTARY INFORMATION:
• Title of Information Collection:
Affidavit of Relationship.
• OMB Control Number: 1405–0206.
• Type of Request: Extension of a
Currently Approved Collection.
• Originating Office: Office of
Admissions, Bureau of Population,
Refugees and Migration (PRM/A).
• Form Number: DS–7656.
• Respondents: Persons admitted to
the United States as refugees or granted
asylum in the United States who are
claiming a relationship with family
members overseas (spouse, unmarried
children under age 21, and/or parents)
in order to assist the U.S. Government
in determining whether those family
members are qualified to apply for
admission to the United States via the
U.S. Refugee Admissions Program under
the family reunification access priority.
• Estimated Number of Respondents:
2,500.
• Estimated Number of Responses:
2,500.
• Average Time per Response: 60
Minutes.
• Total Estimated Burden Time:
2,500.00 Hours.
• Frequency: On occasion.
• Obligation to Respond: Required to
Obtain or Retain a Benefit.
We are soliciting public comments to
permit the Department to:
• Evaluate whether the proposed
information collection is necessary for
the proper functions of the Department.
• Evaluate the accuracy of our
estimate of the time and cost burden for
this proposed collection, including the
validity of the methodology and
assumptions used.
• Enhance the quality, utility, and
clarity of the information to be
collected.
• Minimize the reporting burden on
those who are to respond, including the
use of automated collection techniques
or other forms of information
technology.
Please note that comments submitted
in response to this Notice are public
record. Before including any detailed
personal information, you should be
aware that your comments as submitted,
including your personal information,
will be available for public review.
Abstract of proposed collection: The
Affidavit of Relationship (AOR) will be
required by the Department of State to
establish qualifications for access to the
Priority-3 (P–3) Family Reunification
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18923
category of the United States Refugee
Admissions Program (USRAP) by
persons of certain nationalities who are
family members of qualifying ‘‘anchors’’
(persons already admitted to the U.S. as
refugees or who were granted asylum in
the United States., including persons
who may now be lawful permanent
residents or U.S. citizens). Qualifying
family members of U.S.-based anchors
include spouse, unmarried children
under age 21, and parents. Eligible
nationalities are determined on an
annual basis following careful review of
several factors, including the United
Nations High Commissioner for
Refugees’ annual assessment of refugees
in need of resettlement, prospective or
ongoing repatriation efforts, and U.S.
foreign policy interests. The P–3
category, along with the other categories
of cases that have access to USRAP, is
outlined in the annual Proposed
Refugee Admissions—Report to
Congress, which is submitted on behalf
of the President in fulfillment of the
requirements of section 207(d) of the
Immigration and Nationality Act (8
U.S.C. 1157), and authorized by the
annual Presidential Determination for
Refugee Admissions. Having an AOR
filed on a potential applicant’s behalf by
an eligible anchor relative will be one of
the criteria for access to this program.
The AOR also informs the anchor
relative that DNA evidence of all
claimed parent-child relationships
between the anchor relative and parents
and/or unmarried children under 21
will be required as a condition of access
to P–3 processing and that the costs will
be borne by the anchor relative or his/
her family members who may apply for
access to refugee processing, or their
derivative beneficiaries, as the case may
be. Successful applicants may be
eligible for reimbursement of DNA test
costs.
Methodology: This information
collection currently involves the limited
use of electronic techniques. Anchors in
the United States may visit any
resettlement agency throughout the
United States to complete the AOR.
Resettlement agencies are organizations
that work under a cooperative
agreement with the Department of State.
In order to file an AOR, an individual
must be at least 18 years of age and have
been admitted to the United States as a
refugee or granted asylum in the United
States no more than five years prior to
the filing of the AOR. The DS–7656
form will be available electronically and
responses will be completed
electronically with the aid of
resettlement agency staff. Completed
AORs will be printed out for ink
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]]>Agencies
[Federal Register Volume 80, Number 67 (Wednesday, April 8, 2015)]
[Notices]
[Pages 18922-18923]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-08039]
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SMALL BUSINESS ADMINISTRATION
Interest Rates
The Small Business Administration publishes an interest rate called
the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This
rate is a weighted average cost of money to the government for
maturities similar to the average SBA direct loan. This rate may be
used as a base rate for guaranteed fluctuating interest rate SBA loans.
This rate will be 2.125 (2\1/4\) percent for the April-June quarter of
FY 2015.
Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for
any third party lender's commercial loan which funds any portion of the
cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New
York Prime rate or, if that exceeds the maximum interest rate permitted
by the constitution or
[[Page 18923]]
laws of a given State, the maximum interest rate will be the rate
permitted by the constitution or laws of the given State.
Linda S. Rusche,
Director, Office of Financial Assistance.
[FR Doc. 2015-08039 Filed 4-7-15; 8:45 am]
BILLING CODE P
