Sunshine Act; Notice of Public Meeting, 45546 [2016-16765]

Download as PDF 45546 Federal Register / Vol. 81, No. 135 / Thursday, July 14, 2016 / Notices FOR FURTHER INFORMATION CONTACT: Elizabeth A. Reed, 202–268–3179. SUPPLEMENTARY INFORMATION: The United States Postal Service® hereby gives notice that, pursuant to 39 U.S.C. 3642 and 3632(b)(3), on July 8, 2016, it filed with the Postal Regulatory Commission a Request of the United States Postal Service To Add Priority Mail Express Contract 39 to Competitive Product List. Documents are available at www.prc.gov, Docket Nos. MC2016–164, CP2016–238. Stanley F. Mires, Attorney, Federal Compliance. [FR Doc. 2016–16630 Filed 7–13–16; 8:45 am] BILLING CODE 7710–12–P RAILROAD RETIREMENT BOARD Sunshine Act; Notice of Public Meeting Notice is hereby given that the Railroad Retirement Board will hold a closed meeting on July 28, 2016 beginning at 10:00 a.m. at the Board’s meeting room on the 8th floor of its headquarters building, 844 North Rush Street, Chicago, Illinois 60611. The agenda for this meeting follows: Closed meeting notice: (1) Chief Financial Officer Position The person to contact for more information is Martha P. Rico, Secretary to the Board, Phone No. 312–751–4920. Martha P. Rico, Secretary to the Board. BILLING CODE 7905–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–78264; File No. SRBatsBZX–2016–35] Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the JPMorgan Global Bond Opportunities ETF asabaliauskas on DSK3SPTVN1PROD with NOTICES July 8, 2016. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on July 1, 2016, Bats BZX Exchange, Inc. (the ‘‘Exchange’’ or ‘‘BZX’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 19:33 Jul 13, 2016 Jkt 238001 company and has filed a registration statement with respect to the Fund on Form N–1A (‘‘Registration Statement’’) with the Commission.4 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange filed a proposal to list and trade shares of the JPMorgan Global Bond Opportunities ETF (the ‘‘Fund’’) of the J.P. Morgan Exchange-Traded Fund Trust (the ‘‘Trust’’) under BZX Rule 14.11(i) (‘‘Managed Fund Shares’’). The shares of the Fund are collectively referred to herein as the ‘‘Shares.’’ The text of the proposed rule change is available at the Exchange’s Web site at www.batstrading.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. Description of the Shares and the Fund J.P. Morgan Investment Management Inc. will be the investment adviser (‘‘JPMIM’’ or ‘‘Adviser’’) to the Fund. The Adviser will serve as the administrator for the Fund (the ‘‘Administrator’’). SEI Investments Distribution Co. (the ‘‘Distributor’’) serves as the distributor for the Trust. JPMorgan Chase Bank, N.A. will act as the custodian (the ‘‘Custodian’’) and transfer agent (‘‘Transfer Agent’’) for the Trust. BZX Rule 14.11(i)(7) provides that, if the investment adviser to the investment company issuing Managed Fund Shares is affiliated with a brokerdealer, such investment adviser shall erect a ‘‘fire wall’’ between the investment adviser and the brokerdealer with respect to access to information concerning the composition and/or changes to such investment company portfolio.5 In addition, Rule 14.11(i)(7) further requires that personnel who make decisions on the investment company’s portfolio composition must be subject to procedures designed to prevent the use and dissemination of material II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of 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. The Exchange has prepared summaries, set forth in Sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change [FR Doc. 2016–16765 Filed 7–12–16; 4:15 pm] 1 15 by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. 1. Purpose The Exchange proposes to list and trade the Shares under BZX Rule 14.11(i), which governs the listing and trading of Managed Fund Shares on the Exchange.3 All statements and representations made in this filing regarding (a) the description of the portfolio, (b) limitations on portfolio holdings or reference assets, or (c) the applicability of Exchange rules and surveillance procedures shall constitute continued listing requirements for listing the Shares on the Exchange. The Fund will be an actively managed fund. The Shares will be offered by the Trust, which was established as a Delaware statutory trust on February 25, 2010. The Trust is registered with the Commission as an open-end investment 3 The Commission approved BZX Rule 14.11(i) in Securities Exchange Act Release No. 65225 (August 30, 2011), 76 FR 55148 (September 6, 2011) (SR– BATS–2011–018). PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 4 See Registration Statement on Form N–1A for the Trust, dated May 26, 2016 (File Nos. 333– 191837 and 811–22903). The descriptions of the Fund and the Shares contained herein are based, in part, on information in the Registration Statement. The Commission has issued an order granting certain exemptive relief to the Trust under the Investment Company Act of 1940 (15 U.S.C. 80a– 1) (‘‘1940 Act’’) (the ‘‘Exemptive Order’’). See Investment Company Act Release No. 31990 (February 9, 2016) (File No. 812–13761). 5 An investment adviser to an open-end fund is required to be registered under the Investment Advisers Act of 1940 (the ‘‘Advisers Act’’). As a result, the Adviser and its related personnel are subject to the provisions of Rule 204A–1 under the Advisers Act relating to codes of ethics. This Rule requires investment advisers to adopt a code of ethics that reflects the fiduciary nature of the relationship to clients as well as compliance with other applicable securities laws. Accordingly, procedures designed to prevent the communication and misuse of non-public information by an investment adviser must be consistent with Rule 204A–1 under the Advisers Act. In addition, Rule 206(4)-7 under the Advisers Act makes it unlawful for an investment adviser to provide investment advice to clients unless such investment adviser has (i) adopted and implemented written policies and procedures reasonably designed to prevent violation, by the investment adviser and its supervised persons, of the Advisers Act and the Commission rules adopted thereunder; (ii) implemented, at a minimum, an annual review regarding the adequacy of the policies and procedures established pursuant to subparagraph (i) above and the effectiveness of their implementation; and (iii) designated an individual (who is a supervised person) responsible for administering the policies and procedures adopted under subparagraph (i) above. E:\FR\FM\14JYN1.SGM 14JYN1

Agencies

[Federal Register Volume 81, Number 135 (Thursday, July 14, 2016)]
[Notices]
[Page 45546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16765]


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RAILROAD RETIREMENT BOARD


Sunshine Act; Notice of Public Meeting

    Notice is hereby given that the Railroad Retirement Board will hold 
a closed meeting on July 28, 2016 beginning at 10:00 a.m. at the 
Board's meeting room on the 8th floor of its headquarters building, 844 
North Rush Street, Chicago, Illinois 60611. The agenda for this meeting 
follows:
    Closed meeting notice:

(1) Chief Financial Officer Position

    The person to contact for more information is Martha P. Rico, 
Secretary to the Board, Phone No. 312-751-4920.

Martha P. Rico,
Secretary to the Board.
[FR Doc. 2016-16765 Filed 7-12-16; 4:15 pm]
BILLING CODE 7905-01-P
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