In the Matter of Advanced Lighting Solutions, Inc.; Order of Suspension of Trading, 54353 [2015-22780]

Download as PDF Federal Register / Vol. 80, No. 174 / Wednesday, September 9, 2015 / Notices SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Advanced Lighting Solutions, Inc.; Order of Suspension of Trading September 4, 2015. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Advanced Lighting Solutions, Inc. because of questions regarding the accuracy and completeness of assertions by the company in materials posted on the Web site operated by OTC Markets Group, Inc. and in press releases. This includes questions about the accuracy of a May 14, 2015 Form ATS and a May 26, 2015 press release with respect to the company’s business plans and activities. Advanced Lighting Solutions, Inc. is a Wyoming corporation with its principal place of business located in Conroe, Texas. Its stock is quoted on OTC Link, operated by OTC Markets Group Inc., under the ticker: AVLS. 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 company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT on September 4, 2015, through 11:59 p.m. EDT on September 18, 2015. By the Commission. Brent J. Fields, Secretary. [FR Doc. 2015–22780 Filed 9–4–15; 4:15 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 31802; File No. 812–14456] Brookfield Global Listed Infrastructure Income Fund Inc., et al.; Notice of Application September 1, 2015. Securities and Exchange Commission (‘‘Commission’’). ACTION: Notice of an application under section 6(c) of the Investment Company Act of 1940 (‘‘Act’’) for an exemption from section 19(b) of the Act and rule 19b–1 under the Act. Lhorne on DSK5TPTVN1PROD with NOTICES AGENCY: Applicants: Brookfield Global Listed Infrastructure Income Fund Inc. VerDate Sep<11>2014 14:19 Sep 08, 2015 Jkt 235001 (‘‘INF’’), Brookfield High Income Fund Inc. (‘‘HHY’’), Brookfield Mortgage Opportunity Income Fund Inc. (‘‘BOI’’), Brookfield Total Return Fund Inc. (‘‘HTR,’’ together with INF, HHY, and BOI, the ‘‘Funds’’), and Brookfield Investment Management Inc. (‘‘BIM’’). SUMMARY: Applicants request an order to permit certain registered closed-end investment companies to make periodic distributions of long-term capital gains with respect to their outstanding common shares as frequently as monthly in any one taxable year, and as frequently as distributions are specified by or in accordance with the terms of any outstanding preferred shares that such investment companies may issue. DATES: Filing Dates: The application was filed on June 6, 2015 and amended on August 13, 2015. Hearing or Notification of Hearing: An order granting the application will be issued unless the Commission orders a hearing. Interested persons may request a hearing by writing to the Commission’s Secretary and serving applicants with a copy of the request, personally or by mail. Hearing requests should be received by the Commission by 5:30 p.m. on September 28, 2015 and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. Pursuant to rule 0–5 under the Act, hearing requests should state the nature of the writer’s interest, any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Commission’s Secretary. ADDRESSES: Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090; Applicants, Brookfield Place, 250 Vesey Street, New York, NY 10281–1023. FOR FURTHER INFORMATION CONTACT: Jaea F. Hahn, Senior Counsel, at (202) 551– 6870, or Mary Kay Frech, Branch Chief, at (202) 551–6821 (Division of Investment Management, Chief Counsel’s Office). SUPPLEMENTARY INFORMATION: The following is a summary of the application. The complete application may be obtained via the Commission’s Web site by searching for the file number, or for an applicant using the Company name box, at https:// www.sec.gov/search/search.htm, or by calling (202) 551–8090. Applicants’ Representations 1. INF, HHY, BOI and HRT are Maryland corporations registered as closed-end management investment PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 54353 companies.1 INF’s investment objective is to provide a high total return, with an emphasis on income, which it seeks to achieve by investing in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange. HHY’s primary investment objective is to seek high current income by investing in high yield bonds, debentures, notes, corporate loans, convertible debentures and other debt instruments. BOI’s primary investment objective is to seek high total investment return by investing primarily in mortgage-related debt securities and other mortgagerelated instruments. HTR’s primary investment objective is to provide a high total return, including short and longterm capital gains and a high level of current income by investing primarily in U.S. Treasury, mortgage-backed, asset-backed and high-yield corporate securities. The common shares of each of the Funds are listed and traded on the New York Stock Exchange. Although none of the Funds currently intend to issue preferred shares, the board of directors (‘‘Board’’) of each Fund may authorize the issuance of preferred shares in the future. 2. BIM, a Delaware corporation, is registered under the Investment Advisers Act of 1940 (the ‘‘Advisers Act’’) as an investment adviser. BIM serves as investment adviser to INF, HHY, BOI and HTR. Each Adviser to a Fund will be registered under the Advisers Act. 3. Applicants believe that investors in closed-end funds may prefer an investment vehicle that provides regular current income through fixed distribution policies that would be available through a distribution policy (‘‘Distribution Policy’’). Applicants state that prior to a Fund’s implementing a Distribution Policy in reliance on the order, the Board of each Fund, including a majority of the directors who are not ‘‘interested persons’’ of the Fund, as defined in section 2(a)(19) of 1 All existing registered closed-end investment companies that currently intend to rely on the order have been named as applicants. Applicants request that the order also apply to each other registered closed-end investment company advised or to be advised in the future by BIM or by an entity controlling, controlled by, or under common control (within the meaning of section 2(a)(9) of the Act) with BIM (including any successor in interest) (each such entity, including BIM, the ‘‘Adviser’’) that in the future seeks to rely on the order (such investment companies, together with INF, HHY, BOI and HTR, are collectively, the ‘‘Funds’’ and individually, a ‘‘Fund’’). Any Fund that may rely on the order in the future will comply with the terms and conditions of the application. A successor in interest is limited to entities that result from a reorganization into another jurisdiction or a change in the type of business organization. E:\FR\FM\09SEN1.SGM 09SEN1

Agencies

[Federal Register Volume 80, Number 174 (Wednesday, September 9, 2015)]
[Notices]
[Page 54353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-22780]



[[Page 54353]]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of Advanced Lighting Solutions, Inc.; Order of 
Suspension of Trading

September 4, 2015.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Advanced Lighting Solutions, Inc. because of questions regarding the 
accuracy and completeness of assertions by the company in materials 
posted on the Web site operated by OTC Markets Group, Inc. and in press 
releases. This includes questions about the accuracy of a May 14, 2015 
Form ATS and a May 26, 2015 press release with respect to the company's 
business plans and activities. Advanced Lighting Solutions, Inc. is a 
Wyoming corporation with its principal place of business located in 
Conroe, Texas. Its stock is quoted on OTC Link, operated by OTC Markets 
Group Inc., under the ticker: AVLS.
    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 company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of the 
above-listed company is suspended for the period from 9:30 a.m. EDT on 
September 4, 2015, through 11:59 p.m. EDT on September 18, 2015.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2015-22780 Filed 9-4-15; 4:15 pm]
 BILLING CODE 8011-01-P
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