80 FR 32640 - Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 80, Issue 110 (June 9, 2015)
Federal Register Volume 80, Issue 110 (June 9, 2015)
| Page Range | 32640-32641 | |
| FR Document | 2015-14052 |
[Federal Register Volume 80, Number 110 (Tuesday, June 9, 2015)] [Notices] [Pages 32640-32641] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-14052] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. IC-31655] Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940 May 29, 2015. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Act of 1940 for the month of May 2015. A copy of each application may be obtained via the Commission's Web site by searching for the file number, or for an applicant using the Company name box, at http://www.sec.gov/search/search.htm or by calling (202) 551-8090. An order granting each application will be issued unless the SEC orders a hearing. Interested persons may request a hearing on any application by writing to the SEC's Secretary at the address below and serving the relevant applicant with a copy of the request, personally or by mail. Hearing requests should be received by the SEC by 5:30 p.m. on June 23, 2015, and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. Pursuant to Rule 0-5 under the Act, hearing requests should state the nature of the writer's interest, any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Commission's Secretary. ADDRESSES: The Commission: Brent J. Fields, Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551-6810, SEC, Division of Investment Management, Chief Counsel's Office, 100 F Street NE., Washington, DC 20549-8010. [[Page 32641]] First Opportunity Fund Inc. [File No. 811-4605]; Boulder Total Return Fund Inc. [File No. 811-7390]; Denali Fund Inc. [File No. 811-21200] Summary: Each applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicants transferred their assets to Boulder Growth & Income Fund, Inc., and on March 20, 2015, applicants made distributions to their shareholders based on net asset value. Expenses of approximately, $229,373, $247,624 and $90,848, respectively, incurred in connection with the reorganizations were paid by applicants. Filing Date: The application was filed on May 14, 2015. Applicant's Address: 2344 Spruce St., Ste. A, Boulder, CO 80302. John Hancock Collateral Investment Trust [File No. 811-22303] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. By January 31, 2015, all shareholders of applicant had redeemed their shares based on net asset value. Applicant has retained approximately $95,324 in cash to pay outstanding liabilities. Expenses of approximately $20,000 incurred in connection with the liquidation were paid by applicant. Filing Dates: The application was filed on March 13, 2015, and amended on May 15, 2015. Applicant's Address: 197 Clarendon St., Boston, MA 02216. Destra Credit Opportunities Unit Investment Trust [File No. 811-22866] Summary: Applicant, a unit investment trust, seeks an order declaring that it has ceased to be an investment company. Applicant represents that it will continue to operate in reliance on Section 3(c)(7) of the Act as its outstanding securities are, and following deregistration, will continue to be, owned exclusively by persons who, at the time of acquisition of such securities, are qualified purchasers, and it is not making or proposing to make a public offering of such securities. Applicant further represents that it has notified, or will promptly notify, its beneficial owners that certain legal protections afforded to unitholders under the Act will no longer apply. Filing Date: The application was filed on April 29, 2015. Applicant's Address: One North Wacker Dr., 48th Floor, Chicago, IL 60606. Special Value Opportunities Fund LLC [File No. 811-21603] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant represents that it currently has fewer than 100 beneficial owners of its securities and will continue operation as a private fund in reliance on section 3(c)(1) of the Act. Applicant further represents that it has notified its beneficial owners that certain legal protections offered to shareholders of an investment company registered under the Act will no longer apply. Filing Date: The application was filed on May 1, 2015. Applicant's Address: 2951 28th St., Suite 1000, Santa Monica, CA 90405. Loeb King Trust [File No. 811-22852] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On February 25, 2015, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses incurred in connection with the liquidation were paid by Carl M. Loeb Advisory Partners L.P., applicant's investment adviser. Filing Date: The application was filed on May 1, 2015. Applicant's Address: 125 Broad St., 14th Floor, New York, NY 10004. For the Commission, by the Division of Investment Management, pursuant to delegated authority. Brent J. Fields, Secretary. [FR Doc. 2015-14052 Filed 6-8-15; 8:45 am] BILLING CODE 8011-01-P
![32640 Federal Register / Vol. 80, No. 110 / Tuesday, June 9, 2015 / Notices
attracting additional liquidity to the Commission takes such action, the NYSEArca–2015–48, and should be
Exchange, which would continue to Commission shall institute proceedings submitted on or before June 30, 2015.
make the Exchange a more competitive under section 19(b)(2)(B)11 of the Act to For the Commission, by the Division of
venue for, among other things, order determine whether the proposed rule Trading and Markets, pursuant to delegated
execution and price discovery. change should be approved or authority.12
The proposed changes to the disapproved.
Customer Posting Credit Tiers in Non Robert W. Errett,
Penny Pilot Issues, and the proposed IV. Solicitation of Comments Deputy Secretary.
modification to the Customer Incentives Interested persons are invited to [FR Doc. 2015–13987 Filed 6–8–15; 8:45 am]
are designed to attract additional submit written data, views, and BILLING CODE 8011–01–P
volume, in particular posted electronic arguments concerning the foregoing,
Customer and Professional Customer including whether the proposed rule
executions, to the Exchange, which change is consistent with the Act. SECURITIES AND EXCHANGE
would promote price discovery and Comments may be submitted by any of COMMISSION
transparency in the securities markets the following methods:
thereby benefitting competition in the [Release No. IC–31655]
industry. As stated above, the Exchange Electronic Comments
believes that the proposed change • Use the Commission’s Internet Notice of Applications for
would impact all similarly situated comment form (http://www.sec.gov/ Deregistration Under Section 8(f) of the
OTPs that post electronic Customer and rules/sro.shtml); or Investment Company Act of 1940
Professional Customer executions on the • Send an email to rule-comments@
Exchange equally, and as such, the sec.gov. Please include File Number SR– May 29, 2015.
proposed change would not impose a NYSEArca–2015–48 on the subject line. The following is a notice of
disparate burden on competition either applications for deregistration under
among or between classes of market Paper Comments
section 8(f) of the Investment Company
participants. • Send paper comments in triplicate Act of 1940 for the month of May 2015.
The Exchange notes that it operates in to Brent J. Fields, Secretary, Securities A copy of each application may be
a highly competitive market in which and Exchange Commission, 100 F Street
market participants can readily favor obtained via the Commission’s Web site
NE., Washington, DC 20549–1090. by searching for the file number, or for
competing venues. In such an All submissions should refer to File
environment, the Exchange must an applicant using the Company name
Number SR–NYSEArca–2015–48. This box, at http://www.sec.gov/search/
continually review, and consider file number should be included on the
adjusting, its fees and credits to remain search.htm or by calling (202) 551–
subject line if email is used. To help the 8090. An order granting each
competitive with other exchanges. For Commission process and review your
the reasons described above, the application will be issued unless the
comments more efficiently, please use SEC orders a hearing. Interested persons
Exchange believes that the proposed only one method. The Commission will
rule change reflects this competitive may request a hearing on any
post all comments on the Commission’s
environment. application by writing to the SEC’s
Internet Web site (http://www.sec.gov/
Secretary at the address below and
C. Self-Regulatory Organization’s rules/sro.shtml). Copies of the
serving the relevant applicant with a
Statement on Comments on the submission, all subsequent
copy of the request, personally or by
Proposed Rule Change Received From amendments, all written statements
mail. Hearing requests should be
Members, Participants, or Others with respect to the proposed rule
change that are filed with the received by the SEC by 5:30 p.m. on
No written comments were solicited June 23, 2015, and should be
Commission, and all written
or received with respect to the proposed accompanied by proof of service on
communications relating to the
rule change. applicants, in the form of an affidavit or,
proposed rule change between the
III. Date of Effectiveness of the Commission and any person, other than for lawyers, a certificate of service.
Proposed Rule Change and Timing for those that may be withheld from the Pursuant to Rule 0–5 under the Act,
Commission Action public in accordance with the hearing requests should state the nature
provisions of 5 U.S.C. 552, will be of the writer’s interest, any facts bearing
The foregoing rule change is effective upon the desirability of a hearing on the
upon filing pursuant to section available for Web site viewing and
printing in the Commission’s Public matter, the reason for the request, and
19(b)(3)(A)9 of the Act and the issues contested. Persons who wish
subparagraph (f)(2) of Rule 19b–410 Reference Room, 100 F Street, NE.,
Washington, DC 20549 on official to be notified of a hearing may request
thereunder, because it establishes a due,
business days between the hours of notification by writing to the
fee, or other charge imposed by the
10:00 a.m. and 3:00 p.m. Copies of such Commission’s Secretary.
Exchange.
At any time within 60 days of the filing also will be available for ADDRESSES: The Commission: Brent J.
filing of such proposed rule change, the inspection and copying at the principal Fields, Secretary, U.S. Securities and
Commission summarily may office of the Exchange. All comments Exchange Commission, 100 F Street NE.,
temporarily suspend such rule change if received will be posted without change; Washington, DC 20549–1090.
it appears to the Commission that such the Commission does not edit personal
tkelley on DSK3SPTVN1PROD with NOTICES
action is necessary or appropriate in the identifying information from FOR FURTHER INFORMATION CONTACT:
public interest, for the protection of submissions. You should submit only Diane L. Titus at (202) 551–6810, SEC,
investors, or otherwise in furtherance of information that you wish to make Division of Investment Management,
the purposes of the Act. If the available publicly. All submissions Chief Counsel’s Office, 100 F Street NE.,
should refer to File Number SR– Washington, DC 20549–8010.
9 15 U.S.C. 78s(b)(3)(A).
10 17 CFR 240.19b-4(f)(2). 11 15 U.S.C. 78s(b)(2)(B). 12 17 CFR 200.30–3(a)(12).
VerDate Sep<11>2014 17:12 Jun 08, 2015 Jkt 235001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 E:\FR\FM\09JNN1.SGM 09JNN1](https://thefederalregister.org/doc/80_FR_32750/page/1.svg)
![Federal Register / Vol. 80, No. 110 / Tuesday, June 9, 2015 / Notices 32641
First Opportunity Fund Inc. [File No. Special Value Opportunities Fund LLC Securities and Exchange Commission
811–4605]; Boulder Total Return Fund [File No. 811–21603] (the ‘‘Commission’’) the proposed rule
Inc. [File No. 811–7390]; Denali Fund Summary: Applicant, a closed-end change as described in Items I and II
Inc. [File No. 811–21200] investment company, seeks an order below, which Items have been prepared
declaring that it has ceased to be an by the Exchange. The Commission is
Summary: Each applicant, a closed- publishing this notice to solicit
end investment company, seeks an investment company. Applicant
represents that it currently has fewer comments on the proposed rule change
order declaring that it has ceased to be from interested persons.
an investment company. Applicants than 100 beneficial owners of its
transferred their assets to Boulder securities and will continue operation I. Self-Regulatory Organization’s
Growth & Income Fund, Inc., and on as a private fund in reliance on section Statement of the Terms of Substance of
March 20, 2015, applicants made 3(c)(1) of the Act. Applicant further the Proposed Rule Change
distributions to their shareholders based represents that it has notified its The Exchange proposes to change a
on net asset value. Expenses of beneficial owners that certain legal representation regarding the
approximately, $229,373, $247,624 and protections offered to shareholders of an AdvisorShares WCM/BNY Mellon
$90,848, respectively, incurred in investment company registered under Focused Growth ADR ETF’s holdings of
connection with the reorganizations the Act will no longer apply. American Depositary Receipts. Shares of
were paid by applicants. Filing Date: The application was filed the WCM/BNY Mellon Focused Growth
Filing Date: The application was filed on May 1, 2015. ADR ETF have been approved for listing
on May 14, 2015. Applicant’s Address: 2951 28th St., and trading on the Exchange under
Applicant’s Address: 2344 Spruce St., Suite 1000, Santa Monica, CA 90405. NYSE Arca Equities Rule 8.600. The text
Ste. A, Boulder, CO 80302. Loeb King Trust [File No. 811–22852] of the proposed rule change is available
on the Exchange’s Web site at
John Hancock Collateral Investment Summary: Applicant seeks an order www.nyse.com, at the principal office of
Trust [File No. 811–22303] declaring that it has ceased to be an the Exchange, and at the Commission’s
investment company. On February 25, Public Reference Room.
Summary: Applicant seeks an order
2015, applicant made a liquidating
declaring that it has ceased to be an II. Self-Regulatory Organization’s
distribution to its shareholders, based
investment company. By January 31, Statement of the Purpose of, and
on net asset value. Expenses incurred in
2015, all shareholders of applicant had Statutory Basis for, the Proposed Rule
connection with the liquidation were
redeemed their shares based on net asset Change
paid by Carl M. Loeb Advisory Partners
value. Applicant has retained
L.P., applicant’s investment adviser. In its filing with the Commission, the
approximately $95,324 in cash to pay Filing Date: The application was filed
outstanding liabilities. Expenses of self-regulatory organization included
on May 1, 2015. statements concerning the purpose of,
approximately $20,000 incurred in Applicant’s Address: 125 Broad St.,
connection with the liquidation were and basis for, the proposed rule change
14th Floor, New York, NY 10004. and discussed any comments it received
paid by applicant.
For the Commission, by the Division of on the proposed rule change. The text
Filing Dates: The application was
Investment Management, pursuant to of those statements may be examined at
filed on March 13, 2015, and amended delegated authority. the places specified in Item IV below.
on May 15, 2015.
Brent J. Fields, The Exchange has prepared summaries,
Applicant’s Address: 197 Clarendon set forth in sections A, B, and C below,
Secretary.
St., Boston, MA 02216. of the most significant parts of such
[FR Doc. 2015–14052 Filed 6–8–15; 8:45 am]
Destra Credit Opportunities Unit BILLING CODE 8011–01–P
statements.
Investment Trust [File No. 811–22866] A. Self-Regulatory Organization’s
Summary: Applicant, a unit Statement of the Purpose of, and the
SECURITIES AND EXCHANGE Statutory Basis for, the Proposed Rule
investment trust, seeks an order
COMMISSION Change
declaring that it has ceased to be an
investment company. Applicant [Release No. 34–75100; File No. SR– 1. Purpose
represents that it will continue to NYSEArca–2015–47]
operate in reliance on Section 3(c)(7) of The Commission has approved a
the Act as its outstanding securities are, Self-Regulatory Organizations; NYSE proposed rule change relating to listing
and following deregistration, will Arca, Inc.; Notice of Filing and and trading on the Exchange of shares
continue to be, owned exclusively by Immediate Effectiveness of Proposed (‘‘Shares’’) of the AdvisorShares WCM/
persons who, at the time of acquisition Rule Change Relating to BNY Mellon Focused Growth ADR ETF
of such securities, are qualified Representation Regarding the (the ‘‘Fund’’) under NYSE Arca Equities
purchasers, and it is not making or AdvisorShares WCM/BNY Mellon Rule 8.600, 3 which governs the listing
proposing to make a public offering of Focused Growth ADR ETF’s Holdings and trading of Managed Fund Shares.4
such securities. Applicant further of American Depositary Receipts
3 See Securities Exchange Act Release No. 62502
represents that it has notified, or will June 3, 2015. (July 15, 2010), 75 FR 42471 (July 21, 2010) (SR–
promptly notify, its beneficial owners Pursuant to section 19(b)(1) of the NYSEArca–2010–57) (the ‘‘Prior Order’’). The
that certain legal protections afforded to Securities Exchange Act of 1934 (the
notice with respect to the Prior Order was
unitholders under the Act will no longer published in Securities Exchange Act Release No.
tkelley on DSK3SPTVN1PROD with NOTICES
‘‘Act’’) 1 and Rule 19b–4 thereunder,2 62344 (June 21, 2010), 75 FR 37498 (June 29, 2010)
apply. notice is hereby given that, on May 27, (‘‘Prior Notice’’ and, together with the Prior Order,
Filing Date: The application was filed 2015, NYSE Arca, Inc. (the ‘‘Exchange’’ the ‘‘Prior Release’’).
on April 29, 2015. or ‘‘NYSE Arca’’) filed with the
4 A Managed Fund Share is a security that
represents an interest in an investment company
Applicant’s Address: One North registered under the Investment Company Act of
Wacker Dr., 48th Floor, Chicago, IL 1 15 U.S.C.78s(b)(1). 1940 (15 U.S.C. 80a–1) (‘‘1940 Act’’) organized as
60606. 2 17 CFR 240.19b–4. Continued
VerDate Sep<11>2014 18:55 Jun 08, 2015 Jkt 235001 PO 00000 Frm 00118 Fmt 4703 Sfmt 4703 E:\FR\FM\09JNN1.SGM 09JNN1](https://thefederalregister.org/doc/80_FR_32750/page/2.svg)
Document Created: 2015-12-15 15:25:19
Document Modified: 2015-12-15 15:25:19
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Dates | The application was filed on May 14, 2015. | |
| Contact | Diane L. Titus at (202) 551-6810, SEC, Division of Investment Management, Chief Counsel's Office, 100 F Street NE., Washington, DC 20549-8010. First Opportunity Fund Inc. [File No. 811-4605]; Boulder Total Return Fund Inc. [File No. 811-7390]; Denali Fund Inc. [File No. 811-21200] | |
| FR Citation | 80 FR 32640 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR