In the Matter of Aspire Japan, Inc., Market & Research Corp. (n/k/a MRC Group Ltd.), McIntosh Bancshares Inc., Pure Minerals, Inc. (f/k/a Pure Pharmaceuticals Corp.) and Salamon Group, Inc.; Order of Suspension of Trading, 37326-37327 [2015-16148]
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37326
Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Notices
Third, revising the backtesting
methodology to take into account losses
over a two-day time horizon, should
allow OCC to have a more accurate view
of the sufficiency of its margin
methodology. Finally, system
modifications that should reveal
attribution of losses due to underlying
price movements and implied volatility
movements should provide OCC with
additional, automated investigative
tools to conduct analysis into the root
causes of exceedances.
In addition, the Commission believes
that the proposal in this Advance Notice
is consistent with Clearing Agency
Standards, in particular, Rule 17Ad–
22(b)(4) under the Exchange Act,19
which, in relevant part, requires
registered clearing agencies that perform
central counterparty services establish,
implement, maintain, and enforce
written policies and procedures
reasonably designed to provide for an
annual model validation consisting of
evaluating the performance of the
clearing agency’s margin models and the
related parameters and assumptions
associated with such models. The
Commission believes that this proposal
is consistent with Exchange Act Rule
17Ad–22(b)(4) 20 because it provides
OCC with the ability to employ
improved statistical tests to better
evaluate the performance of its margin
models and thus improving its ability to
validate such models.
III. Conclusion
It is therefore noticed, pursuant to
Section 806(e)(1)(I) of the Payment,
Clearing and Settlement Supervision
Act,21 that the Commission does not
object to advance notice proposal (SR–
OCC–2014–810) and that OCC is
authorized to implement the proposal.
By the Commission.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–15994 Filed 6–29–15; 8:45 am]
asabaliauskas on DSK5VPTVN1PROD with NOTICES
BILLING CODE 8011–01–P
19 17
[File No. 500–1]
In the Matter of Aspire Japan, Inc.,
Market & Research Corp. (n/k/a MRC
Group Ltd.), McIntosh Bancshares Inc.,
Pure Minerals, Inc. (f/k/a Pure
Pharmaceuticals Corp.) and Salamon
Group, Inc.; Order of Suspension of
Trading
June 26, 2015.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Aspire
Japan, Inc. (CIK No. 1317838)
(‘‘ASJP’’ 1), a void Delaware corporation
with its principal place of business in
Los Angeles, California, with stock
quoted on OTC Link (previously, ‘‘Pink
Sheets’’) operated by OTC Markets
Group Inc. (‘‘OTC Link’’) because it has
not filed any periodic reports since the
period ended April 30, 2011. On June
26, 2013, the Division of Corporation
Finance (‘‘Corporation Finance’’) sent a
delinquency letter to ASJP requesting
compliance with its periodic reporting
obligations at the address shown in its
then-most recent filing with the
Commission, but ASJP did not receive
the delinquency letter due to its failure
to maintain a valid address on file with
the Commission as required by
Commission rules (Rule 301 of
Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Market &
Research Corp. (n/k/a MRC Group Ltd.
(CIK No.) 1009830) (‘‘MTRE’’), a void
Delaware corporation with its principal
place of business in Westport,
Connecticut, with stock quoted on OTC
Link, because it has not filed any
periodic reports since the period ended
June 30, 2010. On April 29, 2013,
Corporation Finance sent a delinquency
letter to MTRE requesting compliance
with its periodic reporting obligations at
the address shown in its then-most
recent filing with the Commission, but
MTRE did not receive the delinquency
letter due to its failure to maintain a
valid address on file with the
Commission as required by Commission
rules (Rule 301 of Regulation S–T, 17
CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
CFR 240.17Ad–22(b)(3).
20 Id.
21 12
SECURITIES AND EXCHANGE
COMMISSION
1 The short form of each issuer’s name is also its
ticker symbol.
U.S.C. 5465(e)(1)(I).
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17:34 Jun 29, 2015
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concerning the securities of McIntosh
Bancshares Inc. (CIK No. 872545)
(‘‘MITB’’), a Georgia corporation with its
principal place of business in Jackson,
Georgia, with stock quoted on OTC
Link, because it has not filed any
periodic reports since the period ended
September 30, 2010. On April 29, 2013,
Corporation Finance sent a delinquency
letter to MITB requesting compliance
with its periodic reporting obligations at
the address shown in its then-most
recent filing with the Commission, but
MITB did not receive the delinquency
letter due to its failure to maintain a
valid address on file with the
Commission as required by Commission
rules (Rule 301 of Regulation S–T, 17
CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Pure
Minerals, Inc. (f/k/a Pure
Pharmaceuticals Corp.) (CIK No.
1364326) (‘‘PPMA’’), a revoked Nevada
corporation with its principal place of
business in Montreal, Quebec, Canada,
with stock quoted on OTC Link, because
it has not filed any periodic reports
since the period ended December 31,
2010. On June 25, 2013, Corporation
Finance sent a delinquency letter to
PPMA requesting compliance with its
periodic reporting obligations at the
address shown in its then-most recent
filing with the Commission which was
delivered.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Salamon
Group, Inc. (CIK No. 1274211)
(‘‘SLMU’’), a revoked Nevada
corporation with its principal place of
business in Kelowna, British Columbia,
with stock quoted on OTC Link because
it has not filed any periodic reports
since the period ended June 30, 2012.
On September 16, 2014, Corporation
Finance sent a delinquency letter to
SLMU requesting compliance with its
periodic reporting obligations at the
address shown in its then-most recent
filing with the Commission, but SLMU
did not receive the delinquency letter
due to its failure to maintain a valid
address on file with the Commission as
required by Commission rules (Rule 301
of Regulation S–T, 17 CFR 232.301 and
Section 5.4 of the EDGAR Filer Manual).
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
companies. Therefore, it is ordered,
pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that
E:\FR\FM\30JNN1.SGM
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Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Notices
trading in the securities of the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on June 26,
2015, through 11:59 p.m. EDT on July
10, 2015.
SECURITIES AND EXCHANGE
COMMISSION
By the Commission.
Jill M. Peterson,
Assistant Secretary.
Self-Regulatory Organizations;
NASDAQ OMX Phlx LLC; Notice of
Filing of Amendment No. 1 and Order
Granting Accelerated Approval of
Proposed Rule Change, as Modified by
Amendment No. 1, To Amend and
Restate Certain Rules That Govern the
NASDAQ OMX PSX
[FR Doc. 2015–16148 Filed 6–26–15; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
June 24, 2015.
I. Introduction
asabaliauskas on DSK5VPTVN1PROD with NOTICES
Sunshine Act Meeting
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 a Closed Meeting
on Thursday, July 2, 2015 at 2 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or her designee, has
certified that, in her opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matter at the Closed Meeting.
Commissioner Aguilar, as duty
officer, voted to consider the items
listed for the Closed Meeting in closed
session.
The subject matter of the Closed
Meeting will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Adjudicatory matters; and
Other matters relating to enforcement
proceedings.
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: June 25, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–16095 Filed 6–26–15; 11:15 am]
BILLING CODE 8011–01–P
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17:34 Jun 29, 2015
[Release No. 34–75293; File No. SR–Phlx–
2015–29]
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On March 20, 2015, NASDAQ OMX
PHLX LLC (‘‘Phlx’’ or the ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to amend and restate certain
Phlx rules that govern NASDAQ OMX
PSX (‘‘PSX’’) in order to provide a
clearer and more detailed description of
certain aspects of its functionality. The
proposed rule change was published for
comment in the Federal Register on
April 6, 2015.3 The Commission
received no comment letters regarding
the proposed rule change. On May 13,
2015, the Commission extended to July
5, 2015, the time period in which to
approve the proposed rule change,
disapprove the proposed rule change, or
institute proceedings to determine
whether the proposed rule change
should be disapproved.4 On June 22,
2015, the Exchange filed Amendment
No. 1 to the proposed rule change.5 This
order approves the proposed rule
change, as amended, on an accelerated
basis.
II. Description of the Amended
Proposal
The Exchange proposes to amend and
restate certain Phlx rules that govern
PSX in order to provide additional
detail and clarity regarding its order
type functionality.6 This proposed rule
change is a response to Chair White’s
request that each equities exchange
conduct a comprehensive review of the
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 74618
(March 31, 2015), 80 FR 18452 (‘‘Notice’’).
4 See Securities Exchange Act Release No. 74954,
80 FR 28739 (May 19, 2015).
5 In Amendment No. 1, the Exchange proposed to
correct typographical errors in the original filing,
further improve the clarity of certain rule language,
and include additional explanation with regard to
the purpose of the proposed rule change.
6 See Notice, 80 FR at 18452–53.
2 17
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37327
operation of each of the order types that
it offers to members.7
While the Exchange believes that its
current rules and other public
disclosures provide a comprehensive
description of the operation of PSX and
are sufficient for members and the
investing public to have an accurate
understanding of its market structure, it
also acknowledges that a restatement of
certain rules will further clarify the
operation of its system.8 For instance,
Phlx believes that adding examples of
order type operation to its rules will
promote greater understanding of the
Exchange’s market structure.9 In
addition, Phlx asserts that certain
functionality previously described as an
‘‘order type’’ is more precisely
characterized as an attribute that may be
added to a particular order.10
Accordingly, this proposed rule change
distinguishes between ‘‘Order Types’’
and ‘‘Order Attributes,’’ and provides
descriptions of the Order Attributes that
may be attached to particular Order
Types.11
Currently, Phlx Rule 3301
(Definitions) sets forth most of the rules
governing Order Types and Order
Attributes, as well as other defined
terms that pertain to trading securities
on PSX.12 Phlx proposes to amend Rule
3301. Phlx also proposes to amend the
definitions pertaining to Order Types
and Order Attributes and to relocate
them from Rule 3301 to new Rules
3301A (Order Types) and 3301B (Order
Attributes), respectively.13 In addition,
Phlx proposes to delete Rule 3305 as the
information contained therein is
superseded by proposed Rules 3301A
and 3301B.14 Lastly, Phlx proposes
certain conforming and technical
changes to Rule 3306.15
Phlx represents that, except where
specifically stated otherwise, all
proposed rules are restatements of
existing rules and are not intended to
reflect substantive changes to rule text
or the operation of PSX.16 Proposed
Rule 3301A related to Order Types
7 See id. at 18453; see also Mary Jo White, Chair,
Commission, Speech at the Sandler O’Neill &
Partners, L.P. Global Exchange and Brokerage
Conference (June 5, 2014), available at https://
www.sec.gov/News/Speech/Detail/Speech/
1370542004312.
8 See Notice, 80 FR at 18453.
9 Id.
10 Id.
11 Id.
12 See Rule 3301.
13 See proposed Rules 3301A and 3301B.
14 See Rule 3305.
15 Phlx states that, in subsequent proposed rule
changes, it plans to restate the remainder of its
Rules numbered 3302 through 3316 so that they
appear sequentially following Rule 3301B.
16 See Notice, 80 FR at 18453.
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Agencies
[Federal Register Volume 80, Number 125 (Tuesday, June 30, 2015)]
[Notices]
[Pages 37326-37327]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-16148]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of Aspire Japan, Inc., Market & Research Corp. (n/
k/a MRC Group Ltd.), McIntosh Bancshares Inc., Pure Minerals, Inc. (f/
k/a Pure Pharmaceuticals Corp.) and Salamon Group, Inc.; Order of
Suspension of Trading
June 26, 2015.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Aspire Japan, Inc. (CIK No. 1317838) (``ASJP'' \1\), a void Delaware
corporation with its principal place of business in Los Angeles,
California, with stock quoted on OTC Link (previously, ``Pink Sheets'')
operated by OTC Markets Group Inc. (``OTC Link'') because it has not
filed any periodic reports since the period ended April 30, 2011. On
June 26, 2013, the Division of Corporation Finance (``Corporation
Finance'') sent a delinquency letter to ASJP requesting compliance with
its periodic reporting obligations at the address shown in its then-
most recent filing with the Commission, but ASJP did not receive the
delinquency letter due to its failure to maintain a valid address on
file with the Commission as required by Commission rules (Rule 301 of
Regulation S-T, 17 CFR 232.301 and Section 5.4 of the EDGAR Filer
Manual).
---------------------------------------------------------------------------
\1\ The short form of each issuer's name is also its ticker
symbol.
---------------------------------------------------------------------------
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Market & Research Corp. (n/k/a MRC Group Ltd. (CIK No.) 1009830)
(``MTRE''), a void Delaware corporation with its principal place of
business in Westport, Connecticut, with stock quoted on OTC Link,
because it has not filed any periodic reports since the period ended
June 30, 2010. On April 29, 2013, Corporation Finance sent a
delinquency letter to MTRE requesting compliance with its periodic
reporting obligations at the address shown in its then-most recent
filing with the Commission, but MTRE did not receive the delinquency
letter due to its failure to maintain a valid address on file with the
Commission as required by Commission rules (Rule 301 of Regulation S-T,
17 CFR 232.301 and Section 5.4 of the EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
McIntosh Bancshares Inc. (CIK No. 872545) (``MITB''), a Georgia
corporation with its principal place of business in Jackson, Georgia,
with stock quoted on OTC Link, because it has not filed any periodic
reports since the period ended September 30, 2010. On April 29, 2013,
Corporation Finance sent a delinquency letter to MITB requesting
compliance with its periodic reporting obligations at the address shown
in its then-most recent filing with the Commission, but MITB did not
receive the delinquency letter due to its failure to maintain a valid
address on file with the Commission as required by Commission rules
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Pure Minerals, Inc. (f/k/a Pure Pharmaceuticals Corp.) (CIK No.
1364326) (``PPMA''), a revoked Nevada corporation with its principal
place of business in Montreal, Quebec, Canada, with stock quoted on OTC
Link, because it has not filed any periodic reports since the period
ended December 31, 2010. On June 25, 2013, Corporation Finance sent a
delinquency letter to PPMA requesting compliance with its periodic
reporting obligations at the address shown in its then-most recent
filing with the Commission which was delivered.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Salamon Group, Inc. (CIK No. 1274211) (``SLMU''), a revoked Nevada
corporation with its principal place of business in Kelowna, British
Columbia, with stock quoted on OTC Link because it has not filed any
periodic reports since the period ended June 30, 2012. On September 16,
2014, Corporation Finance sent a delinquency letter to SLMU requesting
compliance with its periodic reporting obligations at the address shown
in its then-most recent filing with the Commission, but SLMU did not
receive the delinquency letter due to its failure to maintain a valid
address on file with the Commission as required by Commission rules
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of the
EDGAR Filer Manual).
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 companies. Therefore, it is ordered,
pursuant to Section 12(k) of the Securities Exchange Act of 1934, that
[[Page 37327]]
trading in the securities of the above-listed companies is suspended
for the period from 9:30 a.m. EDT on June 26, 2015, through 11:59 p.m.
EDT on July 10, 2015.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-16148 Filed 6-26-15; 4:15 pm]
BILLING CODE 8011-01-P