Sunshine Act Meetings, 49257 [2017-23123]
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Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices
the Contributor to immediately obtain a
full refund of the Contribution.
Applicant submits that the Adviser
reviewed its Policy and concluded that
it was adequate for preventing
impermissible contributions.
10. Applicant states that after learning
of the Contribution, it confirmed that
the although the Contributor’s job
would not ordinarily cause him to
interact with the Clients, after learning
of the Contribution, the Adviser, out of
an abundance of caution, instructed him
not to solicit or otherwise communicate
with the Clients for two years following
the date of the Contribution.
11. Applicant asserts that the Clients’
decisions to invest with the Adviser
occurred long before the Contribution
was made, in October 2016.
Furthermore, no investments were made
in the month-long period between the
date of the Contribution and the day it
was refunded. Applicant states that, at
the time of the Contribution and at the
time of the investments by the Clients,
the Official has not had any role in the
Clients’ investment decisions. Applicant
also submits that the apparent intent in
making the Contribution was not to
influence the selection or retention of
the Adviser. Applicant represents that
the Contributor and the Official have a
long standing friendship as the
Contributor worked at the Official’s
restaurant and lived with the Official
and her ex-husband when he was in
college. Applicant finally states that it
was because of that relationship, and
not any desire to influence the award of
investment advisory business that the
Contributor made the Contribution to
the Official’s campaign.
12. Applicant submits that neither the
Adviser nor the Contributor sought to
interfere with the Clients’ merit-based
selection process for advisory services,
nor did they seek to negotiate higher
fees or greater ancillary benefits than
would be achieved in arms’ length
transactions. Applicant further submits
that there was no violation of the
Adviser’s fiduciary duty to deal fairly or
disclose material conflicts given the
absence of any intent or action by the
Adviser or the Contributor to influence
the selection process. Applicant
contends that in the case of the
Contribution, the imposition of the twoyear prohibition on compensation does
not achieve rule 206(4)–5’s purposes
and would result in consequences
disproportionate to the mistake that was
made.
Applicant’s Conditions
The Applicant agrees that any order of
the Commission granting the requested
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49257
relief will be subject to the following
conditions:
1. The Contributor will be prohibited
from discussing the business of the
Adviser with any ‘‘government entity’’
client for which the Official is an
‘‘official,’’ each as defined in Rule
206(4)–5(f), until October 18, 2018.
2. The Contributor will receive a
written notification of this condition
and will provide a quarterly certificate
of compliance until October 18, 2018.
Copies of the certifications will be
maintained and preserved in an easily
accessible place for a period of not less
than five years, the first two years in an
appropriate office of the Adviser, and be
available for inspection by the staff of
the Commission.
3. The Adviser will conduct testing
reasonably designed to prevent
violations of the conditions of the Order
and maintain records regarding such
testing, which will be maintained and
preserved in an easily accessible place
for a period of not less than five years,
the first two years in an appropriate
office of the Adviser, and be available
for inspection by the staff of the
Commission.
The subject matters of the closed
meeting will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
CONTACT PERSON FOR MORE INFORMATION:
For further information and to ascertain
what, if any, matters have been added,
deleted or postponed; please contact
Brent J. Fields from the Office of the
Secretary at (202) 551–5400.
For the Commission, by the Division of
Investment Management, under delegated
authority.
Eduardo A. Aleman,
Assistant Secretary.
AGENCY:
[FR Doc. 2017–22955 Filed 10–23–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
2:00 p.m. on Thursday,
October 26, 2017.
PLACE: Closed Commission Hearing
Room 10800.
STATUS: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED:
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 his designee, has
certified that, in his 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), (a)(5), (a)(7),
(a)(9)(ii) and (a)(10), permit
consideration of the scheduled matters
at the closed meeting.
Chairman Clayton, as duty officer,
voted to consider the items listed for the
closed meeting in closed session.
TIME AND DATE:
PO 00000
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Dated: October 19, 2017.
Brent J. Fields,
Secretary.
[FR Doc. 2017–23123 Filed 10–20–17; 11:15 am]
BILLING CODE 8011–01–P
SELECTIVE SERVICE SYSTEM
Forms Submitted to the Office of
Management and Budget for Extension
of Clearance
ACTION:
Selective Service System.
Notice.
The following forms have been
submitted to the Office of Management
and Budget (OMB) for extension of
clearance in compliance with the
Paperwork Reduction Act:
SSS Forms 2, 3A, 3B and 3C
Title: Selective Service System Change of
Information, Correction/Change Form, and
Registration Status Forms.
Purpose: To insure the accuracy and
completeness of the Selective Service System
registration data.
Respondents: Registrants are required to
report changes or corrections in data
submitted on the SSS Form 1.
Frequency: When changes in a registrant’s
name or address occur.
Burden: A burden of two minutes or less
on the individual respondent.
Copies of the above identified forms
can be obtained upon written request to
the Selective Service System, Reports
Clearance Officer, 1515 Wilson
Boulevard, Arlington, Virginia 22209–
2425.
Written comments and
recommendations for the proposed
extension of clearance of the form
should be sent within 60 days of the
publication of this notice to the
Selective Service System, Reports
Clearance Officer, 1515 Wilson
Boulevard, Arlington, Virginia 22209–
2425.
A copy of the comments should be
sent to the Office of Information and
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]]>Agencies
[Federal Register Volume 82, Number 204 (Tuesday, October 24, 2017)]
[Notices]
[Page 49257]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23123]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: 2:00 p.m. on Thursday, October 26, 2017.
PLACE: Closed Commission Hearing Room 10800.
STATUS: This meeting will be closed to the public.
MATTERS TO BE CONSIDERED: 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 his designee, has
certified that, in his 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), (a)(5), (a)(7), (a)(9)(ii) and (a)(10), permit
consideration of the scheduled matters at the closed meeting.
Chairman Clayton, as duty officer, voted to consider the items
listed for the closed meeting in closed session.
The subject matters of the closed meeting will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings; and
Other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
CONTACT PERSON FOR MORE INFORMATION: For further information and to
ascertain what, if any, matters have been added, deleted or postponed;
please contact Brent J. Fields from the Office of the Secretary at
(202) 551-5400.
Dated: October 19, 2017.
Brent J. Fields,
Secretary.
[FR Doc. 2017-23123 Filed 10-20-17; 11:15 am]
BILLING CODE 8011-01-P
