Securities and Exchange Commission June 2011 – Federal Register Recent Federal Regulation Documents

Risk Management Controls for Brokers or Dealers With Market Access
Document Number: 2011-16467
Type: Rule
Date: 2011-06-30
Agency: Securities and Exchange Commission, Agencies and Commissions
The Commission is extending the compliance date for certain recently adopted requirements of Rule 15c3-5 under the Securities Exchange Act of 1934 (``Exchange Act''). Specifically, the Commission is extending the compliance date, until November 30, 2011, for all of the requirements of Rule 15c3-5 for fixed income securities, and the requirements of Rule 15c3-5(c)(1)(i) for all securities. The compliance date remains July 14, 2011 for all provisions of Rule 15c3-5 not subject to this limited extension. Among other things, Rule 15c3-5 requires broker-dealers with access to trading securities directly on an exchange or alternative trading system (``ATS''), including those providing sponsored or direct market access to customers or other persons, and broker-dealer operators of an ATS that provide access to trading securities directly on their ATS to a person other than a broker-dealer, to establish, document, and maintain a system of risk management controls and supervisory procedures that, among other things, is reasonably designed to systematically limit the financial exposure of the broker-dealer that could arise as a result of market access, and ensure compliance with all regulatory requirements that are applicable in connection with market access. The Commission is extending the compliance date for all of the requirements of Rule 15c3-5 for fixed income securities, and the requirements of Rule 15c3-5(c)(1)(i) for all securities to give broker- dealers with market access additional time to develop, test, and implement the relevant risk management controls and supervisory procedures required under the Rule.
Submission for OMB Review; Comment Request
Document Number: 2011-16427
Type: Notice
Date: 2011-06-30
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: 2011-16426
Type: Notice
Date: 2011-06-30
Agency: Securities and Exchange Commission, Agencies and Commissions
Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
Document Number: 2011-16419
Type: Notice
Date: 2011-06-30
Agency: Securities and Exchange Commission, Agencies and Commissions
Applicant seeks an order declaring that it has ceased to be an investment company. On December 17, 2010, applicant transferred its assets to the Dblaine Fund, a series of Dblaine Investment Trust, based on net asset value. Expenses of $15,971 incurred in connection with the reorganization were paid by Dblaine Capital, LLC, the investment adviser to the surviving fund. Filing Dates: The application was filed on December 17, 2010, and amended on February 18, 2011 and June 20, 2011. Applicant's Address: 95 Allens Creek Rd., Bldg. 1, Suite 201, Rochester, NY 14618.
TIAA-CREF Funds, et al.; Notice of Application
Document Number: 2011-16403
Type: Notice
Date: 2011-06-30
Agency: Securities and Exchange Commission, Agencies and Commissions
Applicants request an order to permit certain registered open- end investment companies in the same group of investment companies to enter into a special servicing agreement (``Special Servicing Agreement''). Applicants: TIAA-CREF Funds, on behalf of its series, Lifecycle 2010 Fund, Lifecycle 2015 Fund, Lifecycle 2020 Fund, Lifecycle 2025 Fund, Lifecycle 2030 Fund, Lifecycle 2035 Fund, Lifecycle 2040 Fund, Lifecycle 2045 Fund, Lifecycle 2050 Fund, Lifecycle 2055 Fund, Lifecycle Retirement Income Fund, Lifecycle Index 2010 Fund, Lifecycle Index 2015 Fund, Lifecycle Index 2020 Fund, Lifecycle Index 2025 Fund, Lifecycle Index 2030 Fund, Lifecycle Index 2035 Fund, Lifecycle Index 2040 Fund, Lifecycle Index 2045 Fund, Lifecycle Index 2050 Fund, Lifecycle Index 2055 Fund, Lifecycle Index Retirement Income Fund, Managed Allocation Fund, Bond Fund, Bond Index Fund, Bond Plus Fund, Emerging Markets Equity Fund, Emerging Markets Equity Index Fund, Enhanced International Equity Index Fund, Enhanced Large-Cap Growth Index Fund, Enhanced Large-Cap Value Index Fund, Equity Index Fund, Growth & Income Fund, High-Yield Fund, Inflation-Linked Bond Fund, International Equity Fund, International Equity Index Fund, Large-Cap Growth Fund, Large-Cap Value Fund, Mid-Cap Growth Fund, Mid-Cap Value Fund, Money Market Fund, Real Estate Securities Fund, Short-Term Bond Fund, Small-Cap Equity Fund; Teachers Advisors, Inc. (``Advisors'') Teachers Personal Investors Services, Inc. (``TPIS'') and each existing or future registered open-end management investment company or series thereof that is part of the same ``group of investment companies'' as TIAA-CREF Funds (the ``Trust'') under Section 12(d)(1)(G)(ii) of the Act and (i) Is advised by Advisors or any entity controlling, controlled by, or under common control with Advisors or (ii) for which TPIS and any entity controlling, controlled by or under common control with TPIS serves as principal underwriter (such investment companies or series thereof, together with the Trust and its series, the ``Funds'').\1\
Family Offices
Document Number: 2011-16117
Type: Rule
Date: 2011-06-29
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission (the ``Commission'') is adopting a rule to define ``family offices'' that will be excluded from the definition of an investment adviser under the Investment Advisers Act of 1940 (``Advisers Act'') and thus will not be subject to regulation under the Advisers Act.
Sunshine Act Meeting
Document Number: 2011-16230
Type: Notice
Date: 2011-06-28
Agency: Securities and Exchange Commission, Agencies and Commissions
Russell Exchange Traded Funds Trust, et al.; Notice of Application
Document Number: 2011-16142
Type: Notice
Date: 2011-06-28
Agency: Securities and Exchange Commission, Agencies and Commissions
Sunshine Act Meeting
Document Number: 2011-16086
Type: Notice
Date: 2011-06-27
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2011-16006
Type: Notice
Date: 2011-06-27
Agency: Securities and Exchange Commission, Agencies and Commissions
Broker-Dealer Reports
Document Number: 2011-15341
Type: Proposed Rule
Date: 2011-06-27
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission (the ``Commission'') is proposing amendments to the broker-dealer financial reporting rule under the Securities Exchange Act of 1934 (the ``Exchange Act''). The first set of amendments would, among other things, update the existing requirements of Exchange Act Rule 17a-5, facilitate the ability of the Public Company Accounting Oversight Board (the ``PCAOB'') to implement oversight of independent public accountants of broker-dealers as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ``Dodd-Frank Act''), and eliminate potentially redundant requirements for certain broker-dealers affiliated with, or dually- registered as, investment advisers. The second set of amendments would require broker-dealers that either clear transactions or carry customer accounts to consent to allowing the Commission and designated examining authorities (``DEAs'') to have access to independent public accountants to discuss their findings with respect to annual audits of the broker- dealers and to review related audit documentation. The third set of amendments would enhance the ability of the Commission and examiners of a DEA to oversee broker-dealers' custody practices by requiring broker- dealers to file a new Form Custody.
Submission for OMB Review; Comment Request
Document Number: 2011-15806
Type: Notice
Date: 2011-06-24
Agency: Securities and Exchange Commission, Agencies and Commissions
In the Matter of Animal Cloning Sciences, Inc. (n/k/a Bancorp Energy, Inc.): Order of Suspension of Trading
Document Number: 2011-15829
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions
Sunshine Act Meeting
Document Number: 2011-15824
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: 2011-15730
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2011-15666
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions
Submission for OMB Review; Comment Request
Document Number: 2011-15665
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2011-15664
Type: Notice
Date: 2011-06-23
Agency: Securities and Exchange Commission, Agencies and Commissions