Securities and Exchange Commission March 11, 2016 – Federal Register Recent Federal Regulation Documents

Organization; Conduct and Ethics; and Information and Requests
Document Number: 2016-05581
Type: Rule
Date: 2016-03-11
Agency: Securities and Exchange Commission, Agencies and Commissions
Pointbreak Advisers LLC, et al.; Notice of Application
Document Number: 2016-05480
Type: Notice
Date: 2016-03-11
Agency: Securities and Exchange Commission, Agencies and Commissions
Summary of Application: Applicants request an order that permits: (a) Actively-managed 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; (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; and (e) certain registered management investment companies and unit investment trusts outside of the same group of investment companies as the series to acquire Shares.