Securities and Exchange Commission March 7, 2016 – Federal Register Recent Federal Regulation Documents

Advisors Asset Management, Inc. and AAM ETF Trust; Notice of Application
Document Number: 2016-04913
Type: Notice
Date: 2016-03-07
Agency: Securities and Exchange Commission, Agencies and Commissions
Summary of Application: Applicants request an order that permits: (a) Series of certain open-end management investment companies to issue shares (``Shares'') redeemable in large aggregations only (``Creation Units''); (b) secondary market transactions in Shares to occur at negotiated market prices; (c) certain series to pay redemption proceeds, under certain circumstances, more than seven days from the tender of Shares for redemption; and (d) certain affiliated persons of the series to deposit securities into, and receive securities from, the series in connection with the purchase and redemption of Creation Units.