Securities and Exchange Commission November 2, 2012 – Federal Register Recent Federal Regulation Documents

Applicant seeks an order declaring that it has ceased to be an investment company. On June 29, 2012, applicant made a final liquidating distribution to its shareholders, based on net asset value. Expenses of $6,500 incurred in connection with the liquidation were paid by Acadia Mutual Fund Management, LLC, applicant's investment adviser. Filing Dates: The application was filed on August 23, 2012, and amended on October 3, 2012. Applicant's Address: One Penn Plaza, 36th Floor, New York, NY 10119.

The Securities and Exchange Commission (``SEC'' or ``Commission'') is adopting a new rule in accordance with the Securities Exchange Act of 1934 (``Exchange Act''), and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (``Dodd-Frank Act''). The new rule establishes minimum requirements regarding how registered clearing agencies must maintain effective risk management procedures and controls as well as meet the statutory requirements under the Exchange Act on an ongoing basis.