80_FR_24387 80 FR 24304 - In the Matter of Jet Neko, Inc., Order of Suspension of Trading

80 FR 24304 - In the Matter of Jet Neko, Inc., Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 83 (April 30, 2015)

Page Range24304-24305
FR Document2015-10187

Federal Register, Volume 80 Issue 83 (Thursday, April 30, 2015) 
[Federal Register Volume 80, Number 83 (Thursday, April 30, 2015)]
[Notices]
[Pages 24304-24305]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10187]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of Jet Neko, Inc., Order of Suspension of Trading

April 28, 2015.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Jet Neko, Inc. (CIK No. 1541371), a void Delaware corporation with its 
principal place of business listed as Miyazaki, Japan with stock quoted 
on OTC Link (previously, ``Pink Sheets'') operated by OTC Markets 
Group, Inc. (``OTC Link'') under the ticker symbol NEKO, because it has 
not filed any periodic reports since it filed a Form 10 registration 
statement on February 9, 2012. On February 5, 2015, a delinquency 
letter was sent by the Division of Corporation Finance to Jet Neko, 
Inc. requesting compliance with their periodic filing obligations, but 
Jet Neko, Inc. did not receive the delinquency letter due to its 
failure to maintain a valid address on file with the Commission as 
required by Commission rules (Rule 301 of Regulation S-T, 17 CFR 
232.301 and Section 5.4 of EDGAR Filer Manual).
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of Jet Neko, Inc.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the

[[Page 24305]]

securities of Jet Neko, Inc. is suspended for the period from 9:30 a.m. 
EDT on April 28, 2015, through 11:59 p.m. EDT on May 11, 2015.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2015-10187 Filed 4-28-15; 11:15 am]
 BILLING CODE 8011-01-P

24304 Federal Register / Vol. 80, No. 83 / Thursday, April 30, 2015 / Notices for firms to make and test the systems approved pursuant to SR–FINRA–2013– printing in the Commission’s Public changes necessary to comply with SR– 050 in a timely manner. Therefore, the Reference Room, 100 F Street NE., FINRA–2013–050 will benefit all Commission designates the proposal Washington, DC 20549, on official interested parties. operative upon filing.23 business days between the hours of At any time within 60 days of the 10:00 a.m. and 3:00 p.m. Copies of such C. Self-Regulatory Organization’s filing of the proposed rule change, the Statement on Comments on the filing also will be available for Commission summarily may inspection and copying at the principal Proposed Rule Change Received From temporarily suspend such rule change if Members, Participants, or Others office of FINRA. All comments received it appears to the Commission that such will be posted without change; the A copy of the request for a delay from action is: (i) Necessary or appropriate in Commission does not edit personal FIF is attached to the filing submitted by the public interest; (ii) for the protection identifying information from the Exchange but not attached to the of investors; or (iii) otherwise in submissions. You should submit only published notice of this filing. In furtherance of the purposes of the Act.24 information that you wish to make response to FIF’s request, as discussed If the Commission takes such action, the available publicly. All submissions above, FINRA is proposing to delay Commission shall institute proceedings should refer to File Number SR–FINRA– implementation of the amendments to to determine whether the proposed rule 2015–008, and should be submitted on the ADF and TRF rules approved under change should be approved or or before May 21, 2015. SR–FINRA–2013–050 to July 13, 2015. disapproved.25 FINRA believes that the revised For the Commission, by the Division of implementation date will provide IV. Solicitation of Comments Trading and Markets, pursuant to delegated authority.26 members additional time to make the Interested persons are invited to submit written data, views, and Brent J. Fields, necessary system changes while balancing the need to implement the arguments concerning the foregoing, Secretary. amendments without undue delay. including whether the proposed rule [FR Doc. 2015–10039 Filed 4–29–15; 8:45 am] change is consistent with the Act. BILLING CODE 8011–01–P III. Date of Effectiveness of the Comments may be submitted by any of Proposed Rule Change and Timing for the following methods: Commission Action SECURITIES AND EXCHANGE Because the foregoing proposed rule Electronic Comments COMMISSION change does not: (i) Significantly affect • Use the Commission’s Internet [File No. 500–1] the protection of investors or the public comment form (http://www.sec.gov/ interest; (ii) impose any significant rules/sro.shtml); or In the Matter of Jet Neko, Inc., Order burden on competition; and (iii) become • Send an email to rule-comments@ of Suspension of Trading operative for 30 days from the date on sec.gov. Please include File Number SR– which it was filed, or such shorter time FINRA–2015–008 on the subject line. April 28, 2015. as the Commission may designate, it has Paper Comments It appears to the Securities and become effective pursuant to section Exchange Commission that there is a 19(b)(3)(A) of the Act 19 and • Send paper comments in triplicate lack of current and accurate information subparagraph (f)(6) of Rule 19b–4 to Secretary, Securities and Exchange concerning the securities of Jet Neko, thereunder.20 Commission, 100 F Street NE., Inc. (CIK No. 1541371), a void Delaware A proposed rule change filed under Washington, DC 20549–1090. corporation with its principal place of Rule 19b–4(f)(6) normally does not All submissions should refer to File business listed as Miyazaki, Japan with become operative for 30 days after the Number SR–FINRA–2015–008. This file stock quoted on OTC Link (previously, date of filing.21 However, Rule 19b– number should be included on the ‘‘Pink Sheets’’) operated by OTC 4(f)(6)(iii) permits the Commission to subject line if email is used. To help the Markets Group, Inc. (‘‘OTC Link’’) under designate a shorter time if such action Commission process and review your the ticker symbol NEKO, because it has is consistent with the protection of comments more efficiently, please use not filed any periodic reports since it investors and the public interest.22 only one method. The Commission will filed a Form 10 registration statement on FINRA has requested that the post all comments on the Commission’s February 9, 2012. On February 5, 2015, Commission waive the 30-day operative Internet Web site (http://www.sec.gov/ a delinquency letter was sent by the delay so that FINRA can immediately rules/sro.shtml). Copies of the Division of Corporation Finance to Jet delay the implementation dates, as submission, all subsequent Neko, Inc. requesting compliance with provided in this proposal. amendments, all written statements their periodic filing obligations, but Jet The Commission believes that the with respect to the proposed rule Neko, Inc. did not receive the waiver of the 30-day operative delay is change that are filed with the delinquency letter due to its failure to consistent with the protection of Commission, and all written maintain a valid address on file with the investors and the public interest as it communications relating to the Commission as required by Commission will allow FINRA to extend the proposed rule change between the rules (Rule 301 of Regulation S–T, 17 implementation dates of certain changes Commission and any person, other than CFR 232.301 and Section 5.4 of EDGAR those that may be withheld from the Filer Manual). 19 15 U.S.C. 78s(b)(3)(A). public in accordance with the The Commission is of the opinion that 20 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– provisions of 5 U.S.C. 552, will be mstockstill on DSK4VPTVN1PROD with NOTICES 4(f)(6) requires a self-regulatory organization to give the public interest and the protection of the Commission written notice of its intent to file available for Web site viewing and investors require a suspension of trading the proposed rule change at least five business days in the securities of Jet Neko, Inc. prior to the date of filing of the proposed rule 23 For purposes only of waiving the 30-day Therefore, it is ordered, pursuant to change, or such shorter time as designated by the operative delay, the Commission has considered the Commission. The Exchange has satisfied this proposed rule’s impact on efficiency, competition, Section 12(k) of the Securities Exchange requirement. and capital formation. See 15 U.S.C. 78c(f). Act of 1934, that trading in the 21 17 CFR 240.19b–4(f)(6)(iii). 24 15 U.S.C. 78s(b)(3)(C). 22 Id. 25 Id. 26 17 CFR 200.30–3(a)(12). 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Federal Register / Vol. 80, No. 83 / Thursday, April 30, 2015 / Notices 24305 securities of Jet Neko, Inc. is suspended connection with its review, the Act of 1940 for the month of April 2015. for the period from 9:30 a.m. EDT on Commission also reviewed the budget A copy of each application may be April 28, 2015, through 11:59 p.m. EDT for the FAF and the FASB for calendar obtained via the Commission’s Web site on May 11, 2015. year 2015. by searching for the file number, or for By the Commission. Section 109 of the Act also provides an applicant using the Company name that the standard setting body can have box, at http://www.sec.gov/search/ Brent J. Fields, additional sources of revenue for its search.htm or by calling (202) 551– Secretary. activities, such as earnings from sales of 8090. An order granting each [FR Doc. 2015–10187 Filed 4–28–15; 11:15 am] publications, provided that each application will be issued unless the BILLING CODE 8011–01–P additional source of revenue shall not SEC orders a hearing. Interested persons jeopardize, in the judgment of the may request a hearing on any Commission, the actual or perceived application by writing to the SEC’s SECURITIES AND EXCHANGE independence of the standard setter. In Secretary at the address below and COMMISSION this regard, the Commission also serving the relevant applicant with a [Securities Act of 1933 Release No. 9760/ considered the interrelation of the copy of the request, personally or by April 24, 2015; Securities Exchange Act of operating budgets of the FAF, the FASB, mail. Hearing requests should be 1934 Release No. 74810/April 24, 2015] and the Governmental Accounting received by the SEC by 5:30 p.m. on Standards Board (‘‘GASB’’), the FASB’s May 19, 2015, and should be Order Regarding Review of FASB sister organization, which sets accompanied by proof of service on Accounting Support Fee For 2015 accounting standards used by state and applicants, in the form of an affidavit or, Under Section 109 of the Sarbanes- local government entities. The for lawyers, a certificate of service. Oxley Act of 2002 Commission has been advised by the Pursuant to Rule 0–5 under the Act, The Sarbanes-Oxley Act of 2002 (the FAF that neither the FAF, the FASB, nor hearing requests should state the nature ‘‘Act’’) provides that the Securities and the GASB accept contributions from the of the writer’s interest, any facts bearing Exchange Commission (the accounting profession. upon the desirability of a hearing on the The Commission understands that the matter, the reason for the request, and ‘‘Commission’’) may recognize, as Office of Management and Budget the issues contested. Persons who wish generally accepted for purposes of the (‘‘OMB’’) has determined the FASB’s to be notified of a hearing may request securities laws, any accounting spending of the 2015 accounting notification by writing to the principles established by a standard support fee is sequestrable under the Commission’s Secretary. setting body that meets certain criteria. Budget Control Act of 2011.2 So long as ADDRESSES: The Commission: Brent J. Consequently, Section 109 of the Act sequestration is applicable, we Fields, Secretary, U.S. Securities and provides that all of the budget of such anticipate that the FAF will work with Exchange Commission, 100 F Street NE., a standard setting body shall be payable the Commission and Commission staff Washington, DC 20549–1090. from an annual accounting support fee as appropriate regarding its assessed and collected against each FOR FURTHER INFORMATION CONTACT: implementation of sequestration. issuer, as may be necessary or After its review, the Commission Diane L. Titus at (202) 551–6810, SEC, appropriate to pay for the budget and determined that the 2015 annual Division of Investment Management, provide for the expenses of the standard accounting support fee for the FASB is Chief Counsel’s Office, 100 F Street NE., setting body, and to provide for an consistent with Section 109 of the Act. Washington, DC 20549–8010. independent, stable source of funding, Accordingly, subject to review by the Commission. UBS Cashfund Inc. [File No. 811–2802] It is ordered, pursuant to Section 109 Under Section 109(f) of the Act, the of the Act, that the FASB may act in Summary: Applicant seeks an order amount of fees collected for a fiscal year accordance with this determination of declaring that it has ceased to be an shall not exceed the ‘‘recoverable budget the Commission. investment company. On June 19, 2014, expenses’’ of the standard setting body. applicant made a liquidating Section 109(h) amends Section 13(b)(2) By the Commission. distribution to its shareholders, based of the Securities Exchange Act of 1934 Brent J. Fields, on net asset value. Applicant has to require issuers to pay the allocable Secretary. retained $4,093 in cash to pay share of a reasonable annual accounting [FR Doc. 2015–10034 Filed 4–29–15; 8:45 am] outstanding liabilities. Expenses of support fee or fees, determined in BILLING CODE 8011–01–P $66,724 incurred in connection with the accordance with Section 109 of the Act. liquidation were paid by UBS Global On April 25, 2003, the Commission Asset Management (Americas) Inc., issued a policy statement concluding SECURITIES AND EXCHANGE applicant’s investment adviser. that the Financial Accounting Standards COMMISSION Filing Date: The application was filed Board (‘‘FASB’’) and its parent [Release No. IC–31578] on March 12, 2015. organization, the Financial Accounting Applicant’s Address: c/o UBS Global Foundation (‘‘FAF’’), satisfied the Notice of Applications for Asset Management (Americas) Inc., criteria for an accounting standard- Deregistration Under Section 8(f) of the Attn: Keith A. Weller, 1285 Avenue of setting body under the Act, and Investment Company Act of 1940 the Americas, 12th Floor, New York, NY recognizing the FASB’s financial 10019–6028. April 24, 2015. mstockstill on DSK4VPTVN1PROD with NOTICES accounting and reporting standards as ‘‘generally accepted’’ under Section 108 The following is a notice of Ambassador Funds [File No. 811–9941] of the Act.1 As a consequence of that applications for deregistration under Summary: Applicant seeks an order recognition, the Commission undertook section 8(f) of the Investment Company declaring that it has ceased to be an a review of the FASB’s accounting 2 See ‘‘OMB Report Pursuant to the Sequestration investment company. On October 15, support fee for calendar year 2015. In Transparency Act of 2012’’ (P.L. 112–155), page 222 2012, applicant made a liquidating of 224 at: http://www.whitehouse.gov/sites/default/ distribution to its shareholders, based 1 Financial Reporting Release No. 70. files/omb/assets/legislative_reports/stareport.pdf. on net asset value. Expenses incurred in VerDate Sep<11>2014 17:01 Apr 29, 2015 Jkt 235001 PO 00000 Frm 00076 Fmt 4703 Sfmt 4703 E:\FR\FM\30APN1.SGM 30APN1


Document Created: 2018-02-21 10:14:42
Document Modified: 2018-02-21 10:14:42
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 24304 
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