In the Matter of China Fruits Corporation, Order of Suspension of Trading, 53358 [2015-21975]

Download as PDF 53358 Federal Register / Vol. 80, No. 171 / Thursday, September 3, 2015 / Notices provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission’s Public Reference Room, 100 F Street NE., Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of such filing will also be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File No. SR–BYX–2015– 36 and should be submitted on or before September 24, 2015. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.28 Robert W. Errett, Deputy Secretary. [FR Doc. 2015–21871 Filed 9–2–15; 8:45 am] including the status of CHFR’s business operations. Based on CHFR’s amended Form 10– K/A annual report filed for its fiscal year ended December 31, 2014, CHFR is a Nevada corporation based in Beijing, People’s Republic of China. The company’s common stock is quoted on OTC Link operated by OTC Markets Group, Inc. under the symbol ‘‘CHFR.’’ As of August 20, 2015, the company’s common stock had six market makers and was eligible for the ‘‘piggyback’’ exception of Rule 15c2–11(f)(3). The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of CHFR. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of CHFR is suspended for the period from 9:30 a.m. EDT on September 1, 2015, through 11:59 p.m. EDT on September 15, 2015. BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION By the Commission. Jill M. Peterson, Assistant Secretary. [FR Doc. 2015–21975 Filed 9–1–15; 11:15 am] BILLING CODE 8011–01–P [File No. 500–1] SECURITIES AND EXCHANGE COMMISSION In the Matter of China Fruits Corporation, Order of Suspension of Trading [Release No. 34–75781; File No. SR–CME– 2015–016] tkelley on DSK3SPTVN1PROD with NOTICES September 1, 2015. It appears to the Securities and Exchange Commission (the ‘‘Commission’’) that there is a lack of current and accurate information concerning the securities of China Fruits Corporation (‘‘CHFR’’) because, among other things, of questions regarding the accuracy and completeness of CHFR’s representations to investors and prospective investors in CHFR’s public filings with the Commission and CHFR’s publicly-available press releases and other public statements. In particular, CHFR is delinquent in filing its Form 10–Q quarterly report for its second quarter ended June 30, 2015, and CHFR does not appear to have publicly responded to news reports concerning CHFR relating to, among other things, (i) the whereabouts of Mr. Quan Long Chen, CHFR’s current or former Chief Executive Officer, President, sole director, and controlling shareholder; (ii) the status of any investor funds that may have been collected by or through Mr. Chen in connection with CHFR; and, (iii) the financial condition of the company, 28 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 14:42 Sep 02, 2015 Jkt 235001 Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Reduce the Minimum IRS Guaranty Fund Contribution of IRS Clearing Members August 28, 2015. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’ or ‘‘Exchange Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on August 24, 2015, Chicago Mercantile Exchange Inc. (‘‘CME’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change described in Items I, II and III below, which Items have been prepared primarily by CME. CME filed the proposal pursuant to Section 19(b)(3)(A) of the Act,3 and Rule 19b–4(f)(4)(ii) thereunder,4 so that the proposal was effective upon filing with the Commission. The Commission is publishing this notice to solicit 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f)(4)(ii). comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change CME is filing the proposed rule change that is limited to its business as a derivatives clearing organization. More specifically, the proposed rule change would reduce the minimum IRS Guaranty Fund Contribution of IRS Clearing Members to $15,000,000 for all IRS Clearing Members (including affiliates). II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, CME included statements concerning the purpose and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. CME has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change CME is registered as a derivatives clearing organization with the Commodity Futures Trading Commission (‘‘CFTC’’) and currently offers clearing services for many different futures and swaps products. With this filing, CME proposes to make rulebook changes that are limited to its business clearing futures and swaps under the exclusive jurisdiction of the CFTC. More specifically, the proposed rules would reduce the minimum IRS Guaranty Fund Contribution of IRS Clearing Members to $15,000,000 for all IRS Clearing Members (including affiliates). CME periodically reviews its requirements for clearing membership and has determined that it is appropriate to change the minimum contribution to $15,000,000 as the current minimum, established at the time of launch of the IRS clearing service to ensure a robust financial safeguards for IRS products, can be reduced due to the growth of IRS clearing activity at CME and corresponding growth of the IRS Guaranty Fund size.5 The change could also encourage more entities to apply for 2 17 PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 5 As of March 31, 2015, the IRS Guaranty Fund was approximately $2.473 billion. E:\FR\FM\03SEN1.SGM 03SEN1

Agencies

[Federal Register Volume 80, Number 171 (Thursday, September 3, 2015)]
[Notices]
[Page 53358]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-21975]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of China Fruits Corporation, Order of Suspension of 
Trading

September 1, 2015.
    It appears to the Securities and Exchange Commission (the 
``Commission'') that there is a lack of current and accurate 
information concerning the securities of China Fruits Corporation 
(``CHFR'') because, among other things, of questions regarding the 
accuracy and completeness of CHFR's representations to investors and 
prospective investors in CHFR's public filings with the Commission and 
CHFR's publicly-available press releases and other public statements.
    In particular, CHFR is delinquent in filing its Form 10-Q quarterly 
report for its second quarter ended June 30, 2015, and CHFR does not 
appear to have publicly responded to news reports concerning CHFR 
relating to, among other things, (i) the whereabouts of Mr. Quan Long 
Chen, CHFR's current or former Chief Executive Officer, President, sole 
director, and controlling shareholder; (ii) the status of any investor 
funds that may have been collected by or through Mr. Chen in connection 
with CHFR; and, (iii) the financial condition of the company, including 
the status of CHFR's business operations.
    Based on CHFR's amended Form 10-K/A annual report filed for its 
fiscal year ended December 31, 2014, CHFR is a Nevada corporation based 
in Beijing, People's Republic of China. The company's common stock is 
quoted on OTC Link operated by OTC Markets Group, Inc. under the symbol 
``CHFR.'' As of August 20, 2015, the company's common stock had six 
market makers and was eligible for the ``piggyback'' exception of Rule 
15c2-11(f)(3).
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of CHFR.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of CHFR 
is suspended for the period from 9:30 a.m. EDT on September 1, 2015, 
through 11:59 p.m. EDT on September 15, 2015.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-21975 Filed 9-1-15; 11:15 am]
 BILLING CODE 8011-01-P