Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 17226-17227 [2021-06654]
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Federal Register / Vol. 86, No. 61 / Thursday, April 1, 2021 / Notices
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File No.
SR–ISE–2021–04, and should be
submitted on or before April 22, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.23
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–06673 Filed 3–31–21; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
34236]
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
jbell on DSKJLSW7X2PROD with NOTICES
March 26, 2021.
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of March
2021. A copy of each application may be
obtained via the Commission’s website
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. An order granting each
application will be issued unless the
SEC orders a hearing. Interested persons
may request a hearing on any
application by emailing the SEC’s
Secretary at Secretarys-Office@sec.gov
and serving the relevant applicant with
a copy of the request by email, if an
email address is listed for the relevant
applicant below, or personally or by
mail, if a physical address is listed for
the relevant applicant below. Hearing
requests should be received by the SEC
by 5:30 p.m. on April 20, 2021, 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
23 17
CFR 200.30–3(a)(12).
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19:02 Mar 31, 2021
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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 at
Secretarys-Office@sec.gov.
ADDRESSES: The Commission:
Secretarys-Office@sec.gov.
FOR FURTHER INFORMATION CONTACT:
Shawn Davis, Assistant Director, at
(202) 551–6413 or Chief Counsel’s
Office at (202) 551–6821; SEC, Division
of Investment Management, Chief
Counsel’s Office, 100 F Street NE,
Washington, DC 20549–8010.
Atlas U.S. Tactical Income Fund, Inc.
[File No. 811–23623]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant has
never made a public offering of its
securities under the Investment
Company Act of 1940.
Filing Date: The application was filed
on February 22, 2021, and amended on
March 25, 2021.
Applicant’s Address:
kevin.bettsteller@dlapiper.com.
Broadview Funds Trust [File No. 811–
22885]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to Madison Small
Cap Fund, a series of Madison Funds,
and on August 30, 2019 made a final
distribution to its shareholders based on
net asset value. Expenses of $289,892
incurred in connection with the
reorganization were paid by the
applicant’s investment adviser and the
acquiring fund’s investment adviser.
Filing Dates: The application was
filed on September 19, 2019, and
amended on February 4, 2021, and
March 12, 2021.
Applicant’s Address: stevef@
madisonadv.com.
City National Rochdale Structured
Claims Fixed Income Fund LLC [File
No. 811–22358]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On June 19, 2020,
applicant made a liquidating
distribution to its shareholders based on
net asset value. Expenses of $56,216
incurred in connection with the
liquidation were paid by the applicant’s
members on a pro-rata basis.
Filing Date: The application was filed
on December 9, 2020.
Applicant’s Address: laurie.dee@
morganlewis.com.
PO 00000
Frm 00115
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FS Global Credit Opportunities Fund-A
[811–22798]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to FS Global Credit
Opportunities Fund, and on December
14, 2020 made a final distribution to its
shareholders based on net asset value.
Expenses of $587,027 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on February 24, 2021.
Applicant’s Address: legalnotices@
fsinvestments.com.
FS Global Credit Opportunities FundADV [811–23138]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to FS Global Credit
Opportunities Fund, and on December
14, 2020 made a final distribution to its
shareholders based on net asset value.
Expenses of $587,027 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on February 24, 2021.
Applicant’s Address: legalnotices@
fsinvestments.com.
FS Global Credit Opportunities Fund-D
[811–22797]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to FS Global Credit
Opportunities Fund, and on December
14, 2020 made a final distribution to its
shareholders based on net asset value.
Expenses of $587,027 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on February 24, 2021.
Applicant’s Address: legalnotices@
fsinvestments.com.
FS Global Credit Opportunities Fund-T
[811–23139]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to FS Global Credit
Opportunities Fund, and on December
14, 2020 made a final distribution to its
shareholders based on net asset value.
Expenses of $587,027 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on February 24, 2021.
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Federal Register / Vol. 86, No. 61 / Thursday, April 1, 2021 / Notices
Applicant’s Address: legalnotices@
fsinvestments.com.
SECURITIES AND EXCHANGE
COMMISSION
FS Global Credit Opportunities FundT2 [811–23243]
[Release No. 34–91421; File No. SR–
NASDAQ–2021–012]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to FS Global Credit
Opportunities Fund, and on December
14, 2020 made a final distribution to its
shareholders based on net asset value.
Expenses of $587,027 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on February 24, 2021.
Applicant’s Address: legalnotices@
fsinvestments.com.
Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Waive the
Entry Fee and the All-Inclusive Annual
Listing Fee for Any Company Not
Listed on a National Securities
Exchange That Is Listing Upon Closing
of Its Acquisition of a Special Purpose
Acquisition Company Listed on
Nasdaq
Man FRM Alternative Multi-Strategy
Fund LLC [811–10083]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On July 30, 2019,
November 1, 2019, and July 14, 2020,
applicant made liquidating distributions
to its shareholders based on net asset
value. Expenses of approximately
$162,000 incurred in connection with
the liquidation were paid by the
applicant. Applicant also has retained
$151,195.40 for the purpose of paying
outstanding liquidation expenses.
Filing Dates: The application was
filed on December 11, 2020 and
amended on March 4, 2021.
Applicant’s Address: Karen.Spiegel@
srz.com.
Putnam High Yield Trust [811–02796]
jbell on DSKJLSW7X2PROD with NOTICES
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to Putnam High
Yield Fund, and on May 8, 2017 made
a final distribution to its shareholders
based on net asset value. Expenses of
$309,330 incurred in connection with
the reorganization were paid by the
applicant and the acquiring fund.
Filing Date: The application was filed
on February 2, 2021.
Applicant’s Address:
Bryan.Chegwidden@ropesgray.com.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–06654 Filed 3–31–21; 8:45 am]
19:02 Mar 31, 2021
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 16,
2021, The Nasdaq Stock Market LLC
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I, II,
and III, below, which Items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit 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
The Exchange proposes to waive the
Entry Fee and the All-Inclusive Annual
Listing Fee for any company not listed
on a national securities exchange that is
listing upon closing of its acquisition of
a special purpose acquisition company
listed on Nasdaq.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/nasdaq/rules, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
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 aspects of such
statements.
1 15
2 17
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U.S.C. 78s(b)(1).
CFR 240.19b–4.
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17227
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Nasdaq proposes to amend Listing
Rules 5910 and 5920 to waive the Entry
Fees and Listing Rule IM–5900–4 to
waive the All-Inclusive Annual Listing
Fee for any company not listed on a
national securities exchange that is
listing upon closing of its acquisition of
a special purpose acquisition company
(‘‘Acquisition Company’’) listed on
Nasdaq.
When an Acquisition Company
consummates its business combination,
it is typically the legal acquirer in the
transaction and, provided it meets the
continued listing standards applied in
connection with a business combination
by a listed Acquisition Company, it can
remain listed on the Exchange.3
Following the business combination, the
company is not required to pay any
additional listing fees for any shares
issued in connection with its business
combination, so there are no listing fees
payable in connection with a business
combination between a Nasdaq-listed
Acquisition Company and a company
which is not listed on a national
securities exchange where the Nasdaqlisted Acquisition Company is the
acquirer in the transaction. Similarly,
Nasdaq does not have any provision for
charging prorated annual fees with
respect to shares of currently listed
companies issued during the course of
a calendar year (such shares are
reflected in the full year annual fee bill
for the next subsequent calendar year).
As such, there are no fees imposed upon
the consummation of a business
combination by a Nasdaq-listed
Acquisition Company in which it is the
surviving legal entity. By contrast, if a
company that is not listed on Nasdaq or
another national securities exchange
merges with a Nasdaq-listed Acquisition
Company and the non-listed company is
the acquirer in the transaction, the nonlisted company is treated as a new
listing and must pay the Entry Fees and
the prorated All-Inclusive Annual
Listing Fee, subject to certain credits.4
Nasdaq does not believe that this
disparate treatment of two substantially
identical transactions is appropriate.
3 Among the continued listing requirements
applicable to an Acquisition Company under IM–
5101–2 is the requirement that the combined
company must meet all initial listing requirements
following a business combination.
4 Listing Rule IM–5900–1(b) provides for certain
credits that benefit a non-Nasdaq company that lists
in connection with its acquisition of a Nasdaq listed
company.
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]]>Agencies
[Federal Register Volume 86, Number 61 (Thursday, April 1, 2021)]
[Notices]
[Pages 17226-17227]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06654]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 34236]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
March 26, 2021.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
March 2021. A copy of each application may be obtained via the
Commission's website 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. An order granting each
application will be issued unless the SEC orders a hearing. Interested
persons may request a hearing on any application by emailing the SEC's
Secretary at [email protected] and serving the relevant
applicant with a copy of the request by email, if an email address is
listed for the relevant applicant below, or personally or by mail, if a
physical address is listed for the relevant applicant below. Hearing
requests should be received by the SEC by 5:30 p.m. on April 20, 2021,
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 at
[email protected].
ADDRESSES: The Commission: [email protected].
FOR FURTHER INFORMATION CONTACT: Shawn Davis, Assistant Director, at
(202) 551-6413 or Chief Counsel's Office at (202) 551-6821; SEC,
Division of Investment Management, Chief Counsel's Office, 100 F Street
NE, Washington, DC 20549-8010.
Atlas U.S. Tactical Income Fund, Inc. [File No. 811-23623]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has never made a public offering of
its securities under the Investment Company Act of 1940.
Filing Date: The application was filed on February 22, 2021, and
amended on March 25, 2021.
Applicant's Address: [email protected].
Broadview Funds Trust [File No. 811-22885]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. The applicant has transferred its assets to
Madison Small Cap Fund, a series of Madison Funds, and on August 30,
2019 made a final distribution to its shareholders based on net asset
value. Expenses of $289,892 incurred in connection with the
reorganization were paid by the applicant's investment adviser and the
acquiring fund's investment adviser.
Filing Dates: The application was filed on September 19, 2019, and
amended on February 4, 2021, and March 12, 2021.
Applicant's Address: [email protected].
City National Rochdale Structured Claims Fixed Income Fund LLC [File
No. 811-22358]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On June 19,
2020, applicant made a liquidating distribution to its shareholders
based on net asset value. Expenses of $56,216 incurred in connection
with the liquidation were paid by the applicant's members on a pro-rata
basis.
Filing Date: The application was filed on December 9, 2020.
Applicant's Address: [email protected].
FS Global Credit Opportunities Fund-A [811-22798]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to FS Global Credit Opportunities Fund, and
on December 14, 2020 made a final distribution to its shareholders
based on net asset value. Expenses of $587,027 incurred in connection
with the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on February 24, 2021.
Applicant's Address: [email protected].
FS Global Credit Opportunities Fund-ADV [811-23138]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to FS Global Credit Opportunities Fund, and
on December 14, 2020 made a final distribution to its shareholders
based on net asset value. Expenses of $587,027 incurred in connection
with the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on February 24, 2021.
Applicant's Address: [email protected].
FS Global Credit Opportunities Fund-D [811-22797]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to FS Global Credit Opportunities Fund, and
on December 14, 2020 made a final distribution to its shareholders
based on net asset value. Expenses of $587,027 incurred in connection
with the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on February 24, 2021.
Applicant's Address: [email protected].
FS Global Credit Opportunities Fund-T [811-23139]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to FS Global Credit Opportunities Fund, and
on December 14, 2020 made a final distribution to its shareholders
based on net asset value. Expenses of $587,027 incurred in connection
with the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on February 24, 2021.
[[Page 17227]]
Applicant's Address: [email protected].
FS Global Credit Opportunities Fund-T2 [811-23243]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to FS Global Credit Opportunities Fund, and
on December 14, 2020 made a final distribution to its shareholders
based on net asset value. Expenses of $587,027 incurred in connection
with the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on February 24, 2021.
Applicant's Address: [email protected].
Man FRM Alternative Multi-Strategy Fund LLC [811-10083]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On July 30,
2019, November 1, 2019, and July 14, 2020, applicant made liquidating
distributions to its shareholders based on net asset value. Expenses of
approximately $162,000 incurred in connection with the liquidation were
paid by the applicant. Applicant also has retained $151,195.40 for the
purpose of paying outstanding liquidation expenses.
Filing Dates: The application was filed on December 11, 2020 and
amended on March 4, 2021.
Applicant's Address: [email protected].
Putnam High Yield Trust [811-02796]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. The applicant has transferred its assets to
Putnam High Yield Fund, and on May 8, 2017 made a final distribution to
its shareholders based on net asset value. Expenses of $309,330
incurred in connection with the reorganization were paid by the
applicant and the acquiring fund.
Filing Date: The application was filed on February 2, 2021.
Applicant's Address: [email protected].
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-06654 Filed 3-31-21; 8:45 am]
BILLING CODE 8011-01-P
