Deregistration Under Section 8(f) of the Investment Company Act of 1940, 86389-86390 [2024-25233]
Download as PDF
<![CDATA[
Federal Register / Vol. 89, No. 210 / Wednesday, October 30, 2024 / Notices
participants can readily favor competing
venues if they deem fee levels at a
particular venue to be excessive, or
rebate opportunities available at other
venues to be more favorable. In such an
environment, the Exchange must
continually adjust its fees to remain
competitive with other exchanges and
with alternative trading systems that
have been exempted from compliance
with the statutory standards applicable
to exchanges. Because competitors are
free to modify their own fees in
response, and because market
participants may readily adjust their
order routing practices, the Exchange
believes that the degree to which fee
changes in this market may impose any
burden on competition is extremely
limited.
Intermarket Competition
Nothing in the proposal burdens
inter-market competition (the
competition among self-regulatory
organizations). As discussed above,
MRX Trade Outline is subject to direct
competition from other options
exchanges that offer similar products.
Any of these exchanges can replicate
this proposal in full or in part, and
nothing in the proposal would interfere
with the ability of any exchange to do
so.
Intramarket Competition
Nothing in the proposal burdens
intra-market competition (the
competition among consumers of
exchange data). Trade Outline is
available to any customer under the
same fee schedule as any other
customer, and any market participant
that wishes to purchase a license to
distribute Derived Data can do so on a
non-discriminatory basis.
Indeed, the proposal is designed to
foster competition for vendors as well as
exchanges by creating an incentive for
market data vendors to identify,
develop, and sell analytic indicators to
help investors inform their investments
strategies and analytic models.
ddrumheller on DSK120RN23PROD with NOTICES1
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act.48 At any time
48 15
U.S.C. 78s(b)(3)(A)(ii).
VerDate Sep<11>2014
17:59 Oct 29, 2024
Jkt 265001
86389
within 60 days of the filing of the
proposed rule change, the Commission
summarily may temporarily suspend
such rule change if it appears to the
Commission that such action is: (i)
necessary or appropriate in the public
interest; (ii) for the protection of
investors; or (iii) otherwise in
furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
publicly. We may redact in part or
withhold entirely from publication
submitted material that is obscene or
subject to copyright protection. All
submissions should refer to file number
SR–MRX–2024–40 and should be
submitted on or before November 20,
2024.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
[FR Doc. 2024–25061 Filed 10–29–24; 8:45 am]
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include file number SR–
MRX–2024–40 on the subject line.
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to file
number SR–MRX–2024–40. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. Copies of the filing also
will be available for inspection and
copying at the principal office of the
Exchange. Do not include personal
identifiable information in submissions;
you should submit only information
that you wish to make available
PO 00000
Frm 00080
Fmt 4703
Sfmt 4703
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.49
Sherry R. Haywood,
Assistant Secretary.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
35370]
October 25, 2024.
Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’).
ACTION: Notice of Applications for
Deregistration under Section 8(f) of the
Investment Company Act of 1940.
AGENCY:
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of October
2024. A copy of each application may be
obtained via the Commission’s website
by searching for the applicable file
number listed below, or for an applicant
using the Company name search field,
on the SEC’s EDGAR system. The SEC’s
EDGAR system may be searched at
https://www.sec.gov/edgar/searchedgar/
legacy/companysearch.html. You may
also call the SEC’s Public Reference
Room at (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 SecretarysOffice@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 November 19, 2024, 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
49 17
E:\FR\FM\30OCN1.SGM
CFR 200.30–3(a)(12).
30OCN1
86390
Federal Register / Vol. 89, No. 210 / Wednesday, October 30, 2024 / Notices
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 SecretarysOffice@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.
BNY Mellon New York Tax Exempt
Bond Fund, Inc. [File No. 811–03726]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. The applicant has
transferred its assets to BNY Mellon
New York AMT-Free Municipal Bond
Fund, and on May 17, 2024 made a final
distribution to its shareholders based on
net asset value. Expenses of $262,765
incurred in connection with the
reorganization were paid by the
applicant.
Filing Date: The application was filed
on October 17, 2024.
Applicant’s Address: c/o BNY Mellon
Investment Adviser, Inc., 240
Greenwich Street, New York, New York
10286.
ddrumheller on DSK120RN23PROD with NOTICES1
Delaware Investments Dividend &
Income Fund, Inc. [File No. 811–07460]
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 abrdn Global
Dynamic Dividend Fund, and on March
10, 2023 made a final distribution to its
shareholders based on net asset value.
Expenses of $288,309 incurred in
connection with the reorganization were
paid by the applicant, the applicant’s
investment adviser, the acquiring fund,
and the acquiring fund’s investment
adviser.
Filing Dates: The application was
filed on October 27, 2023 and amended
on October 22, 2024.
Applicant’s Address: 100
Independence, 610 Market Street,
Philadelphia, Pennsylvania 19106–
2354.
Macquarie Global Infrastructure Total
Return Fund Inc. [File No. 811–21765]
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 abrdn Global
Infrastructure Income Fund, and on
VerDate Sep<11>2014
17:59 Oct 29, 2024
Jkt 265001
March 10, 2023 made a final
distribution to its shareholders based on
net asset value. Expenses of $1,223,794
incurred in connection with the
reorganization were paid by the
applicant, the applicant’s investment
adviser, the acquiring fund, and the
acquiring fund’s investment adviser.
Filing Dates: The application was
filed on October 27, 2023 and amended
on October 22, 2024.
Applicant’s Address: 100
Independence, 610 Market Street,
Philadelphia, Pennsylvania 19106–
2354.
Variable Annuity Account Ten [File No.
811–23649]
Summary: Applicant, a unit
investment trust, seeks an order
declaring that it has ceased to be an
investment company. No expenses were
incurred in connection with the
liquidation.
Filing Dates: The application was
filed on July 17, 2024 and amendments
on September 6, 2024 and October 24,
2024.
Applicant’s Address: 2727–A Allen
Parkway, Houston, Texas 77019.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024–25233 Filed 10–29–24; 8:45 am]
BILLING CODE 8011–01–P
[Release No. 34–101425; File No. SR–NYSE–
2024–66]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend Its
Price List Regarding the Gross FOCUS
Fee
October 24, 2024.
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 October
10, 2024, New York Stock Exchange
LLC (‘‘NYSE’’ or the ‘‘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
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00081
Fmt 4703
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend its
Price List regarding the gross FOCUS fee
charged to member organizations,
effective October 10, 2024.3 The
proposed rule change is available on the
Exchange’s website at www.nyse.com, 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
self-regulatory organization 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 those 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
1. Purpose
SECURITIES AND EXCHANGE
COMMISSION
1 15
proposed rule change from interested
persons.
Sfmt 4703
The Exchange proposes to amend its
Price List to (1) provide for a temporary
waiver of the Gross FOCUS fee from
October 1, 2024 through February 28,
2025 (the ‘‘Waiver Period’’), and (2)
delete a reference to a superseded fee.
The Exchange proposes to implement
the fee changes effective October 10,
2024.
Background
NYSE Rule 129 provides that the
Exchange’s Board may, from time to
time, impose such charge(s) on members
and member organizations as it deems
appropriate to reimburse the Exchange,
in whole or in part, for regulatory
oversight services provided to the
membership by the Exchange.
Generally, the Exchange may only use
regulatory fees ‘‘to fund the legal,
regulatory and surveillance operations’’
of the Exchange.4
3 The Exchange previously filed to amend the
Price List on October 1, 2024 (SR–NYSE–2024–63)
and withdrew such filing on October 10, 2024.
4 See Fourteenth Amended and Restated
Operating Agreement of New York Stock Exchange
LLC, Art. IV, Sec. 4.05, available at https://
www.nyse.com/publicdocs/nyse/regulation/nyse/
E:\FR\FM\30OCN1.SGM
30OCN1
]]>Agencies
[Federal Register Volume 89, Number 210 (Wednesday, October 30, 2024)]
[Notices]
[Pages 86389-86390]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25233]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35370]
Deregistration Under Section 8(f) of the Investment Company Act
of 1940
October 25, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice of Applications for Deregistration under Section 8(f) of
the Investment Company Act of 1940.
-----------------------------------------------------------------------
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
October 2024. A copy of each application may be obtained via the
Commission's website by searching for the applicable file number listed
below, or for an applicant using the Company name search field, on the
SEC's EDGAR system. The SEC's EDGAR system may be searched at https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html. You may also
call the SEC's Public Reference Room at (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 November
19, 2024, 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
[[Page 86390]]
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.
BNY Mellon New York Tax Exempt Bond Fund, Inc. [File No. 811-03726]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. The applicant has transferred its assets to
BNY Mellon New York AMT-Free Municipal Bond Fund, and on May 17, 2024
made a final distribution to its shareholders based on net asset value.
Expenses of $262,765 incurred in connection with the reorganization
were paid by the applicant.
Filing Date: The application was filed on October 17, 2024.
Applicant's Address: c/o BNY Mellon Investment Adviser, Inc., 240
Greenwich Street, New York, New York 10286.
Delaware Investments Dividend & Income Fund, Inc. [File No. 811-07460]
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 abrdn Global Dynamic Dividend Fund, and
on March 10, 2023 made a final distribution to its shareholders based
on net asset value. Expenses of $288,309 incurred in connection with
the reorganization were paid by the applicant, the applicant's
investment adviser, the acquiring fund, and the acquiring fund's
investment adviser.
Filing Dates: The application was filed on October 27, 2023 and
amended on October 22, 2024.
Applicant's Address: 100 Independence, 610 Market Street,
Philadelphia, Pennsylvania 19106-2354.
Macquarie Global Infrastructure Total Return Fund Inc. [File No. 811-
21765]
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 abrdn Global Infrastructure Income Fund,
and on March 10, 2023 made a final distribution to its shareholders
based on net asset value. Expenses of $1,223,794 incurred in connection
with the reorganization were paid by the applicant, the applicant's
investment adviser, the acquiring fund, and the acquiring fund's
investment adviser.
Filing Dates: The application was filed on October 27, 2023 and
amended on October 22, 2024.
Applicant's Address: 100 Independence, 610 Market Street,
Philadelphia, Pennsylvania 19106-2354.
Variable Annuity Account Ten [File No. 811-23649]
Summary: Applicant, a unit investment trust, seeks an order
declaring that it has ceased to be an investment company. No expenses
were incurred in connection with the liquidation.
Filing Dates: The application was filed on July 17, 2024 and
amendments on September 6, 2024 and October 24, 2024.
Applicant's Address: 2727-A Allen Parkway, Houston, Texas 77019.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-25233 Filed 10-29-24; 8:45 am]
BILLING CODE 8011-01-P
