California Disaster #CA-00241, 73263-73264 [2015-29860]
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Federal Register / Vol. 80, No. 226 / Tuesday, November 24, 2015 / Notices
The application was filed
April 28, 2015, and amended on
September 25, 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 December 14, 2015, and
should be accompanied by proof of
service on the 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: Susan B. McGee and James
L. Love, U.S. Global Investors, Inc., 7900
Callaghan Road, San Antonio, TX
78229; and Michael D. Barolsky, ETF
Series Solutions, 615 E. Michigan Street,
Milwaukee, WI 53202.
FOR FURTHER INFORMATION CONTACT:
Emerson S. Davis, Senior Counsel, at
(202) 551–6868, or Daniele Marchesani,
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 an applicant using the
Company name box, at https://
www.sec.gov/search/search.htm or by
calling (202) 551–8090.
FILING DATES:
Summary of the Application
mstockstill on DSK4VPTVN1PROD with NOTICES
1. The Adviser will serve as the
investment adviser to the Funds
pursuant to an investment advisory
agreement with the Trust (the
‘‘Investment Management
Agreement’’).1 The Adviser will provide
1 Applicants request relief with respect to any
existing and any future series of the Trust and any
other registered open-end management company or
series thereof that: (a) Is advised by the Adviser or
its successor or by a person controlling, controlled
by, or under common control with the Adviser or
its successor (each, also an ‘‘Adviser’’); (b) uses the
manager of managers structure described in the
application; and (c) complies with the terms and
conditions of the application (any such series, a
‘‘Fund’’ and collectively, the ‘‘Funds’’). For
purposes of the requested order, ‘‘successor’’ is
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17:20 Nov 23, 2015
Jkt 238001
the Funds with continuous and
comprehensive investment management
services subject to the supervision of,
and policies established by, each Fund’s
board of trustees (‘‘Board’’).2 The
Investment Management Agreement
permits the Adviser, subject to the
approval of the Board, to delegate to one
or more sub-advisers (each, a ‘‘SubAdviser’’ and collectively, the ‘‘SubAdvisers’’) the responsibility to provide
the day-to-day portfolio investment
management of each Fund, subject to
the supervision and direction of the
Adviser. The primary responsibility for
managing the Funds will remain vested
in the Adviser. The Adviser will hire,
evaluate, allocate assets to and oversee
the Sub-Advisers, including
determining whether a Sub-Adviser
should be terminated, at all times
subject to the authority of the Board.
2. Applicants request an exemption to
permit the Adviser, subject to Board
approval, to hire certain Sub-Advisers
pursuant to Sub-Advisory Agreements
and materially amend existing SubAdvisory Agreements without obtaining
the shareholder approval required under
Section 15(a) of the Act and Rule 18f–
2 under the Act.3 Applicants also seek
an exemption from the Disclosure
Requirements to permit a Fund to
disclose (as both a dollar amount and a
percentage of the Fund’s net assets): (a)
The aggregate fees paid to the Adviser
and any Wholly-Owned Sub-Advisers;
and (b) the aggregate fees paid to SubAdvisers other than Affiliated SubAdvisers and Wholly-Owned SubAdvisers; and (c) the fee paid to each
Affiliated Sub-Adviser (collectively,
‘‘Aggregate Fee Disclosure’’).
3. Applicants agree that any order
granting the requested relief will be
subject to the terms and conditions
stated in the Application. Such terms
and conditions provide for, among other
safeguards, appropriate disclosure to
Fund shareholders and notification
about sub-advisory changes and
limited to an entity that results from a
reorganization into another jurisdiction or a change
in the type of business organization.
2 Certain Funds (each, a ‘‘Feeder Fund’’) may
invest substantially all of their assets in a ‘‘Master
Fund’’ pursuant to Section 12(d)(1)(E) of the Act.
3 The requested relief will not extend to any SubAdviser, other than a Wholly-Owned Sub-Adviser,
that is an affiliated person, as defined in Section
2(a)(3) of the Act, of a Fund, a Feeder Fund or the
Adviser, other than by reason of serving as a subadviser to one or more of the Funds (‘‘Affiliated
Sub-Adviser’’). A ‘‘Wholly-Owned Sub-Adviser’’ is
(1) an indirect or direct ‘‘wholly owned subsidiary’’
(as such term is defined in Section 2(a)(43) of the
Act) of the Adviser for that Fund, or (2) a sister
company of the Adviser for that Fund that is an
indirect or direct wholly-owned subsidiary of the
same company that, indirectly or directly, wholly
owns the Adviser.
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73263
enhanced Board oversight to protect the
interests of the Funds’ shareholders.
4. Section 6(c) of the Act provides that
the Commission may exempt any
person, security, or transaction or any
class or classes of persons, securities, or
transactions from any provisions of the
Act, or any rule thereunder, if such
relief is necessary or appropriate in the
public interest and consistent with the
protection of investors and purposes
fairly intended by the policy and
provisions of the Act. Applicants
believe that the requested relief meets
this standard because, as further
explained in the Application, the
Advisory Agreements will remain
subject to shareholder approval, while
the role of the Sub-Advisers is
substantially similar to that of
individual portfolio managers, so that
requiring shareholder approval of SubAdvisory Agreements would impose
unnecessary delays and expenses on the
Funds. Applicants believe that the
requested relief from the Disclosure
Requirements meets this standard
because it will improve the Adviser’s
ability to negotiate fees paid to the SubAdvisers that are more advantageous for
the Funds.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–29868 Filed 11–23–15; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14541 and #14542]
California Disaster #CA–00241
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
This is a notice of an
Administrative declaration of a disaster
for the State of California dated 11/17/
2015.
Incident: Severe Rain, Flooding and
Debris Flows.
Incident Period: 10/15/2015.
Effective Date: 11/17/2015.
Physical Loan Application Deadline
Date: 01/19/2016.
Economic Injury (EIDL) Loan
Application Deadline Date: 08/17/2016.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
SUMMARY:
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73264
Federal Register / Vol. 80, No. 226 / Tuesday, November 24, 2015 / Notices
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, 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 objects to be included in
multiple exhibitions of the Keir
Collection of Art of the Islamic World,
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
Dallas Museum of Art, Dallas, Texas,
Percent
and at possible additional exhibitions or
venues yet to be determined, from on
about December 17, 2016, until on or
3.750 about November 23, 2020, is in the
national interest. I have ordered that
1.875 Public Notice of these Determinations
be published in the Federal Register.
6.000
FOR FURTHER INFORMATION CONTACT: For
4.000 further information, including a list of
the objects covered under this notice,
2.625 contact the Office of Public Diplomacy
and Public Affairs in the Office of the
Legal Adviser, U.S. Department of State
2.625 (telephone: 202–632–6471; email:
section2459@state.gov). The mailing
address is U.S. Department of State, L/
4.000 PD, SA–5, Suite 5H03, Washington, DC
20522–0505.
U.S. Small Business Administration,
409 3rd Street SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
Administrator’s disaster declaration,
applications for disaster loans may be
filed at the address listed above or other
locally announced locations.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Los Angeles.
Contiguous Counties: California:
Kern, Orange, San Bernardino,
Ventura.
The Interest Rates are:
For Physical Damage:
Homeowners With Credit Available Elsewhere ......................
Homeowners Without Credit
Available Elsewhere ..............
Businesses With Credit Available Elsewhere ......................
Businesses
Without
Credit
Available Elsewhere ..............
Non-Profit Organizations With
Credit Available Elsewhere ...
Non-Profit Organizations Without Credit Available Elsewhere .....................................
For Economic Injury:
Businesses & Small Agricultural
Cooperatives Without Credit
Available Elsewhere ..............
Non-Profit Organizations Without Credit Available Elsewhere .....................................
2.625
The number assigned to this disaster
for physical damage is 14541 B and for
economic injury is 14542 0.
The States which received an EIDL
Declaration # are California.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Dated: November 18, 2015.
Kelly Keiderling,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2015–29900 Filed 11–23–15; 8:45 am]
BILLING CODE 4710–05–P
[Public Notice: 9353]
Additional Culturally Significant
Objects Imported for Exhibition
Determinations: ‘‘Power and Pathos:
Bronze Sculpture of the Hellenistic
World’’ Exhibition
[FR Doc. 2015–29860 Filed 11–23–15; 8:45 am]
BILLING CODE 8025–01–P
ACTION:
[Public Notice: 9352]
mstockstill on DSK4VPTVN1PROD with NOTICES
DEPARTMENT OF STATE
SUMMARY:
Culturally Significant Objects Imported
for Exhibition Determinations: ‘‘Keir
Collection of Art of the Islamic World’’
Exhibitions
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
SUMMARY:
VerDate Sep<11>2014
17:20 Nov 23, 2015
Dated: November 18, 2015.
Kelly Keiderling,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
DEPARTMENT OF STATE
Dated: November 17, 2015.
Maria Contreras-Sweet,
Administrator.
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[FR Doc. 2015–29899 Filed 11–23–15; 8:45 am]
BILLING CODE 4710–05–P
DEPARTMENT OF STATE
[Public Notice: 9354]
Notice; correction.
On May 21, 2015, notice was
published on pages 29379 and 29380 of
the Federal Register (volume 80,
number 98) of determinations made by
the Department of State pertaining to
certain objects imported for temporary
display in the exhibition ‘‘Power and
Pathos: Bronze Sculpture of the
Hellenistic World.’’ The referenced
notice is corrected here to include
additional objects as part of the
PO 00000
exhibition. 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, 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 additional objects to
be included in the exhibition ‘‘Power
and Pathos: Bronze Sculpture of the
Hellenistic World,’’ imported from
abroad for temporary exhibition within
the United States, are of cultural
significance. The additional objects are
imported pursuant to loan agreements
with the foreign owner or custodian. I
also determine that the exhibition or
display of the additional exhibit objects
at the National Gallery of Art,
Washington, District of Columbia, from
on or about December 13, 2015, until on
or about March 20, 2016, 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 CONTACT: For
further information, including a list of
the additional imported objects, contact
the Office of Public Diplomacy and
Public Affairs in the Office of the Legal
Adviser, U.S. Department of State
(telephone: 202–632–6471; email:
section2459@state.gov). The mailing
address is U.S. Department of State,
L/PD, SA–5, Suite 5H03, Washington,
DC 20522–0505.
Culturally Significant Object Imported
for Exhibition Determinations: ‘‘Jan
Van Eyck’s Crucifixion and Last
Judgment: New Discoveries’’
Exhibition
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
SUMMARY:
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]]>Agencies
[Federal Register Volume 80, Number 226 (Tuesday, November 24, 2015)]
[Notices]
[Pages 73263-73264]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29860]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14541 and #14542]
California Disaster #CA-00241
AGENCY: U.S. Small Business Administration.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This is a notice of an Administrative declaration of a
disaster for the State of California dated 11/17/2015.
Incident: Severe Rain, Flooding and Debris Flows.
Incident Period: 10/15/2015.
Effective Date: 11/17/2015.
Physical Loan Application Deadline Date: 01/19/2016.
Economic Injury (EIDL) Loan Application Deadline Date: 08/17/2016.
ADDRESSES: Submit completed loan applications to: U.S. Small Business
Administration, Processing and Disbursement Center, 14925 Kingsport
Road, Fort Worth TX 76155.
FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster
Assistance,
[[Page 73264]]
U.S. Small Business Administration, 409 3rd Street SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of
the Administrator's disaster declaration, applications for disaster
loans may be filed at the address listed above or other locally
announced locations.
The following areas have been determined to be adversely affected
by the disaster:
Primary Counties: Los Angeles.
Contiguous Counties: California:
Kern, Orange, San Bernardino, Ventura.
The Interest Rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
For Physical Damage:
Homeowners With Credit Available Elsewhere................. 3.750
Homeowners Without Credit Available Elsewhere.............. 1.875
Businesses With Credit Available Elsewhere................. 6.000
Businesses Without Credit Available Elsewhere.............. 4.000
Non-Profit Organizations With Credit Available Elsewhere... 2.625
Non-Profit Organizations Without Credit Available Elsewhere 2.625
For Economic Injury:
Businesses & Small Agricultural Cooperatives Without Credit 4.000
Available Elsewhere.......................................
Non-Profit Organizations Without Credit Available Elsewhere 2.625
------------------------------------------------------------------------
The number assigned to this disaster for physical damage is 14541 B
and for economic injury is 14542 0.
The States which received an EIDL Declaration # are California.
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)
Dated: November 17, 2015.
Maria Contreras-Sweet,
Administrator.
[FR Doc. 2015-29860 Filed 11-23-15; 8:45 am]
BILLING CODE 8025-01-P
