80 FR 36006 - Joint Industry Plan; Notice of Filing of Amendment No. 2 to the National Market System Plan Governing the Process of Selecting a Plan Processor and Developing a Plan for the Consolidated Audit Trail by BATS Exchange, Inc., BATS-Y Exchange, Inc., BOX Options Exchange LLC, C2 Options Exchange, Incorporated, Chicago Board Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory Authority, Inc., International Securities Exchange, LLC, ISE Gemini, LLC, Miami International Securities Exchange LLC, NASDAQ OMX BX, Inc., NASDAQ OMX PHLX LLC, The NASDAQ Stock Market LLC, National Stock Exchange, Inc., New York Stock Exchange LLC, NYSE MKT LLC, and NYSE Arca, Inc.
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 80, Issue 120 (June 23, 2015)
Federal Register Volume 80, Issue 120 (June 23, 2015)
| Page Range | 36006-36008 | |
| FR Document | 2015-15364 |
[Federal Register Volume 80, Number 120 (Tuesday, June 23, 2015)] [Notices] [Pages 36006-36008] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-15364] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-75193; File No. 4-668] Joint Industry Plan; Notice of Filing of Amendment No. 2 to the National Market System Plan Governing the Process of Selecting a Plan Processor and Developing a Plan for the Consolidated Audit Trail by BATS Exchange, Inc., BATS-Y Exchange, Inc., BOX Options Exchange LLC, C2 Options Exchange, Incorporated, Chicago Board Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory Authority, Inc., International Securities Exchange, LLC, ISE Gemini, LLC, Miami International Securities Exchange LLC, NASDAQ OMX BX, Inc., NASDAQ OMX PHLX LLC, The NASDAQ Stock Market LLC, National Stock Exchange, Inc., New York Stock Exchange LLC, NYSE MKT LLC, and NYSE Arca, Inc. June 17, 2015. I. Introduction Pursuant to Section 11A of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 608 Thereunder,\2\ notice is hereby given that, on March 6, 2015, BATS Exchange, Inc., BATS-Y Exchange, Inc., BOX Options Exchange LLC, C2 Options Exchange, Incorporated, Chicago Board Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory Authority, Inc., International Securities Exchange, LLC, ISE Gemini, LLC, Miami International Securities Exchange LLC, NASDAQ OMX BX, Inc., NASDAQ OMX PHLX LLC, The NASDAQ Stock Market LLC, National Stock Exchange, Inc., New York Stock Exchange LLC, NYSE MKT LLC, and NYSE Arca, Inc. (collectively, ``SROs'' or ``Participants''), filed with the Securities and Exchange Commission (the ``Commission'') a proposal to amend the Plan Governing the Process of Selecting a Plan Processor and Developing a Plan for the Consolidated Audit Trail (the ``Selection Plan''). --------------------------------------------------------------------------- \1\ 15 U.S.C. 78k-1. \2\ 17 CFR 242.608. --------------------------------------------------------------------------- II. Background On September 3, 2013, the SROs filed for approval the Selection Plan \3\ to govern how the SROs would proceed [[Page 36007]] with formulating and submitting a national market system (``NMS'') plan to create, implement, and maintain a consolidated audit trail (``CAT NMS Plan'').\4\ The Selection Plan sets forth the process for the SROs to review, evaluate, and narrow down the Bids submitted in response to the SROs' request for proposals (``RFP'') for a Plan Processor to build, operate, administer, and maintain the consolidated audit trail, and ultimately for the SROs to select the Plan Processor.\5\ The Selection Plan was approved on February 21, 2014.\6\ --------------------------------------------------------------------------- \3\ See Securities Exchange Act Release No. 70892 (Nov. 15, 2013), 78 FR 69910 (Nov. 21, 2013) (Notice of Selection Plan). \4\ See Securities Exchange Act Release No. 67457 (July 18, 2012), 77 FR 45722 (Aug. 1, 2012) (Rule 613 Adopting Release). \5\ See Notice of Selection Plan, supra note 3. \6\ See Securities Exchange Act Release No. 71596 (Feb. 21, 2014), 79 FR 11152 (Feb. 27, 2014) (Selection Plan Approval Order). On December 12, 2014, the SROs filed a proposed amendment to the Selection Plan, which was published for notice and comment in the Federal Register on February 11, 2015, to allow the SROs to accept revised Bids prior to Commission approval of the CAT NMS Plan, and to narrow the list of Shortlisted Bidders prior to Commission approval of the CAT NMS Plan (``Amendment No. 1''). See Securities Exchange Act Release No. 74223 (Feb. 6, 2015), 80 FR 7654 (Feb. 11, 2015) (Notice of Amendment No. 1 to the Selection Plan). The Commission is separately issuing an approval order for Amendment No. 1 concurrently with this Notice. See Securities Exchange Act Release No. 75192 (June 17, 2015). --------------------------------------------------------------------------- The SROs now propose to amend the Selection Plan to require an SRO that is a Bidding Participant \7\ to be recused from voting in any round by the Selection Committee to select the Plan Processor in which a Bid from or including such Bidding Participant or its Affiliate is being considered. A copy of the proposed amendment to the Selection Plan (``Amendment No. 2'') is attached as Exhibit A hereto. The Commission is publishing this notice to solicit comments from interested persons on proposed Amendment No. 2 to the Selection Plan. --------------------------------------------------------------------------- \7\ The Selection Plan defines ``Bidding Participant'' as a Participant that: (1) Submits a Bid; (2) is an Affiliate of an entity that submits a Bid; or (3) is included, or is an Affiliate of an entity that is included, as a Material Subcontractor as part of a Bid. See Notice of Selection Plan, supra note 3, Exhibit A at 2. The Selection Plan defines ``Participant'' as a party to the Selection Plan (i.e., an SRO). See id., Exhibit A at 3. --------------------------------------------------------------------------- III. Description of the Plan Set forth in this Section III is the statement of the purpose of Amendment No. 2 to the Selection Plan, along with the information required by Rule 608(a)(4) and (5) under the Exchange Act,\8\ prepared and submitted by the SROs to the Commission.\9\ --------------------------------------------------------------------------- \8\ See 17 CFR 242.608(a)(4) and (a)(5). \9\ See Letter from the Participants to Brent J. Fields, Secretary, Commission, dated March 4, 2015. --------------------------------------------------------------------------- A. Background The Selection Plan, filed with the Commission on September 3, 2013,\10\ and approved on February 21, 2014,\11\ governs the process for Participant review and vote for Bids for the role of Plan Processor for the CAT NMS Plan.\12\ --------------------------------------------------------------------------- \10\ See Notice of Selection Plan, supra note 3. \11\ See Selection Plan Approval Order, supra note 6. \12\ The Participants also have filed a proposed amendment to the Selection Plan (Amendment No. 1) that would allow the Participants to accept revised Bids prior to the Commission's approval of the CAT NMS Plan, and to narrow the list of Shortlisted Bidders prior to the Commission's approval of the CAT NMS Plan. See Notice of Amendment No. 1 to the Selection Plan, supra note 6. Amendment No. 1 also requires recusal of a Bidding Participant from voting in the narrowing process if a Bid submitted by or including the Participant or an Affiliate of the Participant is a Shortlisted Bid. --------------------------------------------------------------------------- After gaining experience with the development process for the CAT NMS Plan, the Participants believe it is advisable to amend the Selection Plan to ensure that the Participants will be able to choose a Plan Processor without any potential conflict of interest raised by having a Participant vote in any round in the selection process where that Participant has submitted a Bid, a Bid has been submitted by an Affiliate of that Participant, or a Bid has been submitted that includes that Participant or its Affiliate, and any such Bid is under consideration in that round. The Participants propose amending the Selection Plan to require recusal of that Bidding Participant in any of those situations. 1. The Selection Plan Currently Requires Recusal on a Vote Only in the Second Round of the Selection Process Under the Selection Plan, a Bidding Participant is recused from a vote only in the second round of voting by the Selection Committee to select the Plan Processor (as set forth in Section VI(E)(4) of the Selection Plan) where that Participant has submitted a Bid, a Bid has been submitted by an Affiliate of that Participant, or a Bid has been submitted that includes that Participant or its Affiliate, and any such Bid is under consideration in that round. 2. Requiring Recusal on a Vote in all Rounds of the Selection Will Ensure That All Participants Voting on the Plan Processor Do Not Have Any Conflict of Interest As noted in the Selection Plan Approval Order, the Selection Plan as currently drafted balances the competing goals of ensuring all Participants participate meaningfully in the process of developing the CAT NMS Plan and mitigating potential conflicts of interest related to the involvement of Bidding Participants through information barriers and the voting limitations.\13\ Based on their experience with these measures as currently set forth in the Plan, the Participants believe that the Plan has adequately addressed the potential conflicts of interest related to Bidding Participants. Nonetheless, the Participants believe that requiring recusal in all rounds of the selection process will further the Participants' goal of ensuring the fair and impartial consideration and selection of the Plan Processor. --------------------------------------------------------------------------- \13\ See Selection Plan Approval Order, supra note 6 at 11157. --------------------------------------------------------------------------- B. Requirements Pursuant to Rule 608(a) 1. Description of the Amendments to the Selection Plan The Participants propose amending the Selection Plan to prohibit a Bidding Participant from voting in any round to select the Plan Processor from among the Shortlisted Bidders where that Bidding Participant has submitted a Bid, a Bid has been submitted by an Affiliate of that Bidding Participant, or a Bid has been submitted that includes that Participant or its Affiliate, and any such Bid is under consideration in that round. 2. Governing or Constituent Documents Not applicable. 3. Implementation of Amendment The terms of the proposed amendment will be operative immediately upon approval of the amendment by the Commission. 4. Development and Implementation Phases Not applicable. 5. Analysis of Impact on Competition The proposed amendment does not impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Exchange Act. The SROs believe that the amendment further helps assure the fair and impartial consideration and selection of the Plan Processor for the CAT NMS Plan. 6. Written Understanding or Agreements Relating to Interpretation of, or Participation in, Plan Not applicable. 7. Statement that the Amendments Have Been Approved by the Plan Sponsors The Selection Plan provides that amendments to the Selection Plan shall [[Page 36008]] be effected by means of a written amendment that: (1) Sets forth the change, addition, or deletion; (2) is executed by over two-thirds of the Participants; and (3) is approved by the SEC pursuant to Rule 608, or otherwise becomes effective under Rule 608.\14\ --------------------------------------------------------------------------- \14\ 17 CFR 242.608. --------------------------------------------------------------------------- The proposed amendment has been executed by all of the Participants, and has consequently been approved by the SROs. 8. Terms and Conditions of Access Not applicable. 9. Method of Determination and Imposition, and Amount of, Fees and Charges Not applicable. 10. Method and Frequency of Processor Evaluation Not applicable. 11. Dispute Resolution Not applicable. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the Amendment No. 2 to the Selection Plan is consistent with the Act. Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number 4-668 on the subject line. Paper Comments Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number 4-668. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the Amendment to the Plan that are filed with the Commission, and all written communications relating to the Amendment to the Plan between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission's Public Reference Room, 100 F Street NE., Washington, DC 20549 on official business days between 10:00 a.m. and 3:00 p.m. Copies of the submission will also be available for inspection and copying at the Participants' principal offices. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number 4-668 and should be submitted on or before July 23, 2015. By the Commission. Brent J. Fields, Secretary. Exhibit A Proposed new language is italicized; proposed deletions are in [brackets]. PROPOSED AMENDMENT TEXT Additions underlined; deletions bracketed \15\ --------------------------------------------------------------------------- \15\ The marked additions and deletions show the proposed changes to the current Selection Plan without taking into account Amendment No.1. The effect of the proposed additions and deletions on the Selection Plan, taking into account Amendment No. 1, would be renumbering Section V.(B)(3) as Section V.(B)(4). --------------------------------------------------------------------------- Plan Processor Evaluation and Selection Plan V. Selection Committee * * * (B) Voting * * * (3) No Bidding Participant shall vote in any [the second] round set forth [in Section VI(E)(4)] below if a Bid submitted by or including the Participant or an Affiliate of the Participant is a part of such [the second] round. * * * VI. RFP Bid Evaluation and Plan Processor Selection * * * (E) Selection of Plan Processor Under the CAT NMS Plan * * * (2) Each Participant shall have one vote in each round, except that no Bidding Participant shall be entitled to vote in any [the second] round if the Participant's Bid, a Bid submitted by an Affiliate of the Participant, or a Bid including the Participant or an Affiliate of the Participant is considered in such [the second] round. [Until the second round, Bidding Participants may vote for any Shortlisted Bid.] (3) First Round Voting by the Selection Committee (a) In the first round of voting, each Voting Senior Officer, subject to the recusal provisions in Paragraph (E)(2) above, shall select a first and second choice from among the Shortlisted Bids. * * * [FR Doc. 2015-15364 Filed 6-22-15; 8:45 am] BILLING CODE 8011-01-P
![36006 Federal Register / Vol. 80, No. 120 / Tuesday, June 23, 2015 / Notices
(B) Self-Regulatory Organization’s All submissions should refer to File SECURITIES AND EXCHANGE
Statement on Burden on Competition Number SR–Phlx–2015–49. This file COMMISSION
The Exchange does not believe that number should be included on the
[Release No. 34–75193; File No. 4–668]
the proposed rule change will result in subject line if email is used. To help the
any burden on competition that is not Commission process and review your Joint Industry Plan; Notice of Filing of
necessary or appropriate in furtherance comments more efficiently, please use Amendment No. 2 to the National
of the purposes of the Act, as amended. only one method. The Commission will Market System Plan Governing the
Specifically, the proposal does not post all comments on the Commission’s Process of Selecting a Plan Processor
impose an intra-market burden on Internet Web site (http://www.sec.gov/ and Developing a Plan for the
competition, because these changes rules/sro.shtml). Copies of the Consolidated Audit Trail by BATS
make the rule clearer and more submission, all subsequent Exchange, Inc., BATS–Y Exchange,
complete for all participants. Nor will amendments, all written statements Inc., BOX Options Exchange LLC, C2
the proposal impose a burden on with respect to the proposed rule Options Exchange, Incorporated,
competition among the options change that are filed with the Chicago Board Options Exchange,
exchanges, because of the vigorous Commission, and all written Incorporated, Chicago Stock
competition for order flow among the communications relating to the Exchange, Inc., EDGA Exchange, Inc.,
options exchanges. To the extent that proposed rule change between the EDGX Exchange, Inc., Financial
market participants disagree with the Commission and any person, other than Industry Regulatory Authority, Inc.,
particular approach taken by the those that may be withheld from the International Securities Exchange,
Exchange herein, market participants LLC, ISE Gemini, LLC, Miami
public in accordance with the
can easily and readily direct complex International Securities Exchange LLC,
provisions of 5 U.S.C. 552, will be
order flow to competing venues. NASDAQ OMX BX, Inc., NASDAQ OMX
available for Web site viewing and
(C) Self-Regulatory Organization’s printing in the Commission’s Public PHLX LLC, The NASDAQ Stock Market
Statement on Comments on the Reference Room, 100 F Street NE., LLC, National Stock Exchange, Inc.,
Proposed Rule Change Received from New York Stock Exchange LLC, NYSE
Washington, DC 20549, on official
Members, Participants or Others MKT LLC, and NYSE Arca, Inc.
business days between the hours of
No written comments were either 10:00 a.m. and 3:00 p.m. Copies of the June 17, 2015.
solicited or received. filing will also be available for
I. Introduction
III. Date of Effectiveness of the inspection and copying at the principal
office of the Exchange. All comments Pursuant to Section 11A of the
Proposed Rule Change and Timing for Securities Exchange Act of 1934
Commission Action received will be posted without change;
the Commission does not edit personal (‘‘Act’’) 1 and Rule 608 Thereunder,2
Within 45 days of the date of identifying information from notice is hereby given that, on March 6,
publication of this notice in the Federal submissions. You should submit only 2015, BATS Exchange, Inc., BATS–Y
Register or within such longer period (i) Exchange, Inc., BOX Options Exchange
information that you wish to make
as the Commission may designate up to LLC, C2 Options Exchange,
available publicly. All submissions
90 days of such date if it finds such Incorporated, Chicago Board Options
longer period to be appropriate and should refer to File Number SR–Phlx–
Exchange, Incorporated, Chicago Stock
publishes its reasons for so finding or 2015–49 and should be submitted on or
Exchange, Inc., EDGA Exchange, Inc.,
(ii) as to which the Exchange consents, before July 14, 2015.
EDGX Exchange, Inc., Financial
the Commission will: (a) By order For the Commission, by the Division of Industry Regulatory Authority, Inc.,
approve or disapprove such proposed Trading and Markets, pursuant to delegated International Securities Exchange, LLC,
rule change, or (b) institute proceedings authority.69 ISE Gemini, LLC, Miami International
to determine whether the proposed rule Brent J. Fields, Securities Exchange LLC, NASDAQ
change should be disapproved. Secretary. OMX BX, Inc., NASDAQ OMX PHLX
IV. Solicitation of Comments [FR Doc. 2015–15339 Filed 6–22–15; 8:45 am] LLC, The NASDAQ Stock Market LLC,
National Stock Exchange, Inc., New
Interested persons are invited to BILLING CODE 8011–01–P
York Stock Exchange LLC, NYSE MKT
submit written data, views, and LLC, and NYSE Arca, Inc. (collectively,
arguments concerning the foregoing, ‘‘SROs’’ or ‘‘Participants’’), filed with
including whether the proposed rule the Securities and Exchange
change is consistent with the Act. Commission (the ‘‘Commission’’) a
Comments may be submitted by any of proposal to amend the Plan Governing
the following methods: the Process of Selecting a Plan Processor
Electronic Comments and Developing a Plan for the
Consolidated Audit Trail (the ‘‘Selection
• Use the Commission’s Internet
Plan’’).
comment form (http://www.sec.gov/
rules/sro.shtml); or II. Background
• Send an email to rule-comments@
On September 3, 2013, the SROs filed
mstockstill on DSK4VPTVN1PROD with NOTICES
sec.gov. Please include File Number SR–
for approval the Selection Plan 3 to
Phlx–2015–49 on the subject line.
govern how the SROs would proceed
Paper Comments
1 15 U.S.C. 78k–1.
• Send paper comments in triplicate 2 17 CFR 242.608.
to Brent J. Fields, Secretary, Securities 3 See Securities Exchange Act Release No. 70892
and Exchange Commission, 100 F Street (Nov. 15, 2013), 78 FR 69910 (Nov. 21, 2013)
NE., Washington, DC 20549–1090. 69 17 CFR 200.30–3(a)(12). (Notice of Selection Plan).
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![36008 Federal Register / Vol. 80, No. 120 / Tuesday, June 23, 2015 / Notices
be effected by means of a written those that may be withheld from the of the Participant is considered in such
amendment that: (1) Sets forth the public in accordance with the [the second] round. [Until the second
change, addition, or deletion; (2) is provisions of 5 U.S.C. 552, will be round, Bidding Participants may vote
executed by over two-thirds of the available for Web site viewing and for any Shortlisted Bid.]
Participants; and (3) is approved by the printing in the Commission’s Public (3) First Round Voting by the
SEC pursuant to Rule 608, or otherwise Reference Room, 100 F Street NE., Selection Committee
becomes effective under Rule 608.14 Washington, DC 20549 on official (a) In the first round of voting, each
The proposed amendment has been business days between 10:00 a.m. and Voting Senior Officer, subject to the
executed by all of the Participants, and 3:00 p.m. Copies of the submission will recusal provisions in Paragraph (E)(2)
has consequently been approved by the also be available for inspection and above, shall select a first and second
SROs. copying at the Participants’ principal choice from among the Shortlisted Bids.
offices. All comments received will be * * *
8. Terms and Conditions of Access
posted without change; the Commission [FR Doc. 2015–15364 Filed 6–22–15; 8:45 am]
Not applicable. does not edit personal identifying BILLING CODE 8011–01–P
9. Method of Determination and information from submissions. You
Imposition, and Amount of, Fees and should submit only information that
Charges you wish to make available publicly. All SECURITIES AND EXCHANGE
submissions should refer to File COMMISSION
Not applicable. Number 4–668 and should be submitted
[Investment Company Act Release No.
10. Method and Frequency of Processor on or before July 23, 2015. 31677; 812–14325]
Evaluation By the Commission.
Brent J. Fields, American Funds Insurance Series, et
Not applicable.
Secretary. al.; Notice of Application
11. Dispute Resolution
Exhibit A June 17, 2015.
Not applicable. AGENCY: Securities and Exchange
Proposed new language is italicized;
IV. Solicitation of Comments proposed deletions are in [brackets]. Commission (‘‘Commission’’).
ACTION: Notice of an application for an
Interested persons are invited to PROPOSED AMENDMENT TEXT
submit written data, views, and order under section 12(d)(1)(J) of the
arguments concerning the foregoing, Additions underlined; deletions Investment Company Act of 1940 (the
including whether the Amendment No. bracketed 15 ‘‘Act’’) for an exemption from sections
2 to the Selection Plan is consistent 12(d)(1)(A) and (B) of the Act, and
Plan Processor Evaluation and Selection under sections 6(c) and 17(b) of the Act
with the Act. Comments may be Plan
submitted by any of the following for an exemption from sections 17(a)(1)
methods: V. Selection Committee and (2) of the Act.
* * *
Electronic Comments SUMMARY OF THE APPLICATION: The
• Use the Commission’s Internet (B) Voting requested order would permit certain
comment form (http://www.sec.gov/ * * * registered management investment
rules/sro.shtml); or (3) No Bidding Participant shall vote companies to acquire shares of certain
• Send an email to rule-comments@ in any [the second] round set forth [in registered open-end management
sec.gov. Please include File Number Section VI(E)(4)] below if a Bid investment companies that are outside
4–668 on the subject line. submitted by or including the the same group of investment
Participant or an Affiliate of the companies as the acquiring investment
Paper Comments Participant is a part of such [the second] companies.
• Send paper comments in triplicate round. APPLICANTS: American Funds Insurance
to Brent J. Fields, Secretary, Securities * * * Series (the ‘‘Trust’’), Capital Research
and Exchange Commission, 100 F Street and Management Company (‘‘Capital
VI. RFP Bid Evaluation and Plan
NE., Washington, DC 20549–1090. Research’’ or the ‘‘Adviser’’),1 and
Processor Selection
All submissions should refer to File American Funds Distributors, Inc. (the
* * * ‘‘Distributor’’).
Number 4–668. This file number should
be included on the subject line if email (E) Selection of Plan Processor Under FILING DATES: The application was filed
is used. To help the Commission the CAT NMS Plan on June 27, 2014 and amended on May
process and review your comments * * * 7, 2015.
more efficiently, please use only one (2) Each Participant shall have one HEARING OR NOTIFICATION OF HEARING: An
method. The Commission will post all vote in each round, except that no order granting the application will be
comments on the Commission’s Internet Bidding Participant shall be entitled to issued unless the Commission orders a
Web site (http://www.sec.gov/rules/ vote in any [the second] round if the hearing. Interested persons may request
sro.shtml). Copies of the submission, all Participant’s Bid, a Bid submitted by an a hearing by writing to the
subsequent amendments, all written Affiliate of the Participant, or a Bid Commission’s Secretary and serving
mstockstill on DSK4VPTVN1PROD with NOTICES
statements with respect to the including the Participant or an Affiliate applicants with a copy of the request,
Amendment to the Plan that are filed personally or by mail. Hearing requests
with the Commission, and all written 15 The marked additions and deletions show the
communications relating to the proposed changes to the current Selection Plan 1 All references to the term ‘‘Adviser’’ herein
Amendment to the Plan between the without taking into account Amendment No.1. The include successors-in-interest to Capital Research.
effect of the proposed additions and deletions on Successors-in-interest are limited to any entity
Commission and any person, other than the Selection Plan, taking into account Amendment resulting from a reorganization of Capital Research
No. 1, would be renumbering Section V.(B)(3) as into another jurisdiction or a change in the type of
14 17 CFR 242.608. Section V.(B)(4). business organization.
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Document Created: 2018-02-22 11:15:33
Document Modified: 2018-02-22 11:15:33
| 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 | |
| FR Citation | 80 FR 36006 |
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