Securities and Exchange Commission August 4, 2016 – Federal Register Recent Federal Regulation Documents

Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
Document Number: 2016-18468
Type: Notice
Date: 2016-08-04
Agency: Securities and Exchange Commission, Agencies and Commissions
Applicant, a unit investment trust, seeks an order declaring that it has ceased to be an investment company. Applicant will continue to operate as a private investment fund in reliance on section 3(c)(1) of the Act. Filing Dates: The application was filed on June 29, 2016 and amended on July 12, 2016. Applicant's Address: 601 6th Avenue, Des Moines, Iowa 50309.
Bain Capital Specialty Finance, Inc., et al.; Notice of Application
Document Number: 2016-18467
Type: Notice
Date: 2016-08-04
Agency: Securities and Exchange Commission, Agencies and Commissions
Investment Managers Series Trust and SilverPepper LLC; Notice of Application
Document Number: 2016-18466
Type: Notice
Date: 2016-08-04
Agency: Securities and Exchange Commission, Agencies and Commissions
Disclosure Update and Simplification
Document Number: 2016-16964
Type: Proposed Rule
Date: 2016-08-04
Agency: Securities and Exchange Commission, Agencies and Commissions
We are proposing amendments to certain of our disclosure requirements that may have become redundant, duplicative, overlapping, outdated, or superseded, in light of other Commission disclosure requirements, U.S. Generally Accepted Accounting Principles (``U.S. GAAP''), International Financial Reporting Standards (``IFRS''), or changes in the information environment. We are also soliciting comment on certain Commission disclosure requirements that overlap with, but require information incremental to, U.S. GAAP to determine whether to retain, modify, eliminate, or refer them to the Financial Accounting Standards Board (``FASB'') for potential incorporation into U.S. GAAP. The proposed amendments are intended to facilitate the disclosure of information to investors, while simplifying compliance efforts, without significantly altering the total mix of information provided to investors. These proposals are part of an initiative by the Division of Corporation Finance to review disclosure requirements applicable to issuers to consider ways to improve the requirements for the benefit of investors and issuers. We are also issuing these proposals as part of our efforts to implement title LXXII, section 72002(2) of the Fixing America's Surface Transportation Act.