80 FR 58794 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Regarding the PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 80, Issue 189 (September 30, 2015)
Federal Register Volume 80, Issue 189 (September 30, 2015)
| Page Range | 58794-58796 | |
| FR Document | 2015-24715 |
[Federal Register Volume 80, Number 189 (Wednesday, September 30, 2015)] [Notices] [Pages 58794-58796] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-24715] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-75978; File No. SR-NYSEArca-2015-79] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Regarding the PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund September 24, 2015. Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given that, on September 11, 2015, NYSE Arca, Inc. (the ``Exchange'' or ``NYSE Arca'') filed with the Securities and Exchange Commission (the ``Commission'') the proposed rule change as described in Items I and II below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 15 U.S.C. 78a. \3\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to reflect a change to the average portfolio duration of the PIMCO Intermediate Municipal Bond Active Exchange- Traded Fund. The Fund is currently listed and traded on the Exchange under NYSE Arca Equities Rule 8.600. The text of the proposed rule change is available on the Exchange's Web site at www.nyse.com, at the principal office of the Exchange, and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the self-regulatory organization included statements concerning the purpose of, and basis for, the proposed rule change and discussed any comments it received on the proposed rule change. The text of those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Commission has approved a proposed rule change relating to listing and trading on the Exchange of shares (``Shares'') of the PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (``Fund'') under NYSE Arca Equities Rule 8.600,\4\ which governs the listing and trading of Managed Fund Shares.\5\ The Shares are offered by PIMCO ETF Trust (the ``Trust''), a statutory trust organized under the laws of the State of Delaware [[Page 58795]] and registered with the Commission as an open-end management investment company.\6\ The investment manager to the Fund is Pacific Investment Management Company LLC (``PIMCO'' or the ``Adviser''). The Fund's Shares are currently listed and traded on the Exchange under NYSE Arca Equities Rule 8.600. --------------------------------------------------------------------------- \4\ See Securities Exchange Act Release No. 60619 (September 3, 2009), 74 FR 46820 (September 11, 2009) (SR-NYSEArca-2009-79) (notice of filing of proposed rule change relating to listing and trading of Shares of the Fund and four other funds of the PIMCO ETF Trust on the Exchange) (``Prior Notice''); Securities Exchange Act Release No. 60981 (November 10, 2009), 74 FR 59594 (November 11, 2009) (SR-NYSEArca-2009-79) (order approving listing and trading of Shares of the Fund and four other funds of the PIMCO ETF Trust on the Exchange) (``Prior Order'' and, together with the Prior Notice, the ``Prior Release''). \5\ A Managed Fund Share is a security that represents an interest in an investment company registered under the Investment Company Act of 1940 (15 U.S.C. 80a-1) (``1940 Act'') organized as an open-end investment company or similar entity that invests in a portfolio of securities selected by its investment adviser consistent with its investment objectives and policies. In contrast, an open-end investment company that issues Investment Company Units, listed and traded on the Exchange under NYSE Arca Equities Rule 5.2(j)(3), seeks to provide investment results that correspond generally to the price and yield performance of a specific foreign or domestic stock index, fixed income securities index or combination thereof. \6\ The Trust is registered under the Investment Company Act of 1940 (``1940 Act''). On October 27, 2014, the Trust filed with the Commission the most recent post-effective amendment to its registration statement under the Securities Act of 1933 (15 U.S.C. 77a) (``1933 Act'') and under the 1940 Act relating to the Fund (File Nos. 333-155395 and 811-22250) (the ``Registration Statement''). The description of the operation of the Trust and the Fund herein is based, in part, on the Registration Statement. A change to the name of the Fund from PIMCO Intermediate Municipal Bond Strategy Fund to PIMCO Intermediate Municipal Bond Exchange- Traded Fund was reflected in an amendment to the Registration Statement, effective October 31, 2012. A change to the name of the Fund from PIMCO Intermediate Municipal Bond Exchange-Traded Fund to PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund was reflected in an amendment to the Registration Statement, effective October 31, 2014. In addition, the Commission has issued an order granting certain exemptive relief to the Trust under the 1940 Act. See Investment Company Act Release No. 28993 (November 10, 2009) (File No. 812-13571) (``Exemptive Order''). --------------------------------------------------------------------------- According to the Registration Statement and the Prior Release, the average portfolio duration of the Fund normally varies from three to eight years, based on PIMCO's forecast for interest rates.\7\ --------------------------------------------------------------------------- \7\ Duration is a measure used to determine the sensitivity of a security's price to changes in interest rates. The longer a security's duration, the more sensitive it will be to changes in interest rates. --------------------------------------------------------------------------- Going forward, the average portfolio duration of the Fund normally would vary within (negative) 2 years to positive 4 years of the portfolio duration of the securities comprising the Barclays 1-15 Year Municipal Bond Index (``Index''), as calculated by PIMCO, which as of June 30, 2015 was 5.11 years.\8\ Thus, as of June 30, 2015, average portfolio duration of the Fund normally would vary within approximately 3.11 years and 9.11 years. --------------------------------------------------------------------------- \8\ The Exchange notes that the Commission has approved the listing and trading of other issues of Managed Fund Shares that have applied a comparable average portfolio duration to that proposed for the Fund. See, e.g., the Prior Release, note 4, supra. --------------------------------------------------------------------------- The Adviser represents that the proposed change to the average portfolio duration of the Fund is consistent with the Fund's investment objective, and will further assist the Adviser to achieve such investment objective. Except for the change noted above, all other representations made in the Prior Release remain unchanged.\9\ The Fund will continue to comply with all initial and continued listing requirements under NYSE Arca Equities Rule 8.600. --------------------------------------------------------------------------- \9\ See note 4, supra. All terms referenced but not defined herein are defined in the Prior Release. --------------------------------------------------------------------------- The Adviser represents that the investment objective of the Fund is not changing. 2. Statutory Basis The basis under the Act for this proposed rule change is the requirement under Section 6(b)(5) \10\ that an exchange have rules that are designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to, and perfect the mechanism of a free and open market and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \10\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- The proposed rule change is designed to perfect the mechanism of a free and open market and, in general, to protect investors and the public interest. The Exchange believes that the change to the average portfolio duration of the Fund will not adversely impact investors or Exchange trading. Such change would accommodate a duration that, while generally comparable to the existing average portfolio duration normally of three to eight years, will provide the Fund with additional flexibility in managing the duration of the Fund's holdings using the average portfolio duration of the Barclays 1-15 Year Municipal Bond Index, as calculated by PIMCO, as the benchmark against which the Fund's average portfolio duration would be measured. Further, a more flexible duration bandwidth will allow the Fund to respond more effectively to changing market conditions. The Index's average duration, as calculated by PIMCO, is typically published monthly, while the Fund's average portfolio duration is typically available daily, on the Fund's Web site. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purpose of the Act. The Exchange believes the proposed rule change will enhance competition among issues of exchange- traded funds that invest in municipal securities. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were solicited or received with respect to the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the proposed rule change does not (i) significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, if consistent with the protection of investors and the public interest, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act \11\ and Rule 19b- 4(f)(6) thereunder.\12\ --------------------------------------------------------------------------- \11\ 15 U.S.C. 78s(b)(3)(A). \12\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b- 4(f)(6)(iii), the Exchange provided the Commission with written notice of its intent to file the proposed rule change, along with a brief description and the text of the proposed rule change, at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. --------------------------------------------------------------------------- At any time within 60 days of the filing of such proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) of the Act \13\ to determine whether the proposed rule change should be approved or disapproved. --------------------------------------------------------------------------- \13\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change 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 SR-NYSEArca-2015-79 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 SR-NYSEArca-2015-79. This file number should be included on the subject line if email is used. To help the [[Page 58796]] 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 proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change 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 Section, 100 F Street NE., Washington, DC 20549 on official business days between 10 a.m. and 3 p.m. Copies of the filing will also be available for inspection and copying at the NYSE's principal office and on its Internet Web site at www.nyse.com. 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 SR- NYSEArca-2015-79 and should be submitted on or before October 21, 2015. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\14\ --------------------------------------------------------------------------- \14\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Robert W. Errett, Deputy Secretary. [FR Doc. 2015-24715 Filed 9-29-15; 8:45 am] BILLING CODE 8011-01-P
![58794 Federal Register / Vol. 80, No. 189 / Wednesday, September 30, 2015 / Notices
The proposed changes to OPIC–248 Description of Affected Public: U.S. Bond Active Exchange-Traded Fund.
clarify existing questions, incorporate companies or citizens investing The Fund is currently listed and traded
sector-specific development impact overseas. on the Exchange under NYSE Arca
questions, and eliminate ineffective Reporting Hours: 644 (2.8 hours per Equities Rule 8.600. The text of the
questions in an effort to harmonize form). proposed rule change is available on the
development impact indicators with Number of Responses: 230 per year. Exchange’s Web site at www.nyse.com,
other Development Finance Institutions Federal Cost: $28,389. at the principal office of the Exchange,
(‘‘DFIs’’). OPIC is a signatory to a Authority for Information Collection: and at the Commission’s Public
‘‘Memorandum of Understanding’’ with Sections 231, 231A, 239(d), 239(h), Reference Room.
25 partnering DFIs to harmonize 240A of the Foreign Assistance Act of II. Self-Regulatory Organization’s
developmental impact metrics where 1961, as amended. Statement of the Purpose of, and
possible. The goal of this effort is to Abstract (Needs and Uses): The Office Statutory Basis for, the Proposed Rule
reduce the burden on clients that seek of Investment Policy Questionnaire is Change
financing from multiple DFIs and to the principal document used by OPIC to
instill best practices in the collection prepare a developmental impact profile In its filing with the Commission, the
and the reporting on OPIC’s and determine the projected impact on self-regulatory organization included
developmental impacts. In order to the United States, as well as to statements concerning the purpose of,
minimize the reporting burden on determine the project’s compliance with and basis for, the proposed rule change
respondents, OPIC has designed OPIC– environmental and labor policies, as and discussed any comments it received
248 as an electronic form that has consistent with OPIC’s authorizing on the proposed rule change. The text
multiple drop-down options, in which legislation. of those statements may be examined at
the respondent only responds to the places specified in Item IV below.
Dated: September 25, 2015. The Exchange has prepared summaries,
questions that are applicable to their Nichole Skoyles,
investment. set forth in sections A, B, and C below,
Administrative Counsel, Department of Legal of the most significant parts of such
DATES: Comments must be received Affairs. statements.
within thirty (30) calendar days of [FR Doc. 2015–24798 Filed 9–29–15; 8:45 am]
A. Self-Regulatory Organization’s
publication of this Notice. BILLING CODE 3210–01–P
Statement of the Purpose of, and the
ADDRESSES: Mail all comments and Statutory Basis for, the Proposed Rule
requests for copies of the subject form Change
to OPIC’s Agency Submitting Officer: SECURITIES AND EXCHANGE
James Bobbitt, Overseas Private COMMISSION 1. Purpose
Investment Corporation, 1100 New York [Release No. 34–75978; File No. SR– The Commission has approved a
Avenue NW., Washington, DC 20527. NYSEArca–2015–79] proposed rule change relating to listing
See SUPPLEMENTARY INFORMATION for and trading on the Exchange of shares
other information about filing. Self-Regulatory Organizations; NYSE (‘‘Shares’’) of the PIMCO Intermediate
FOR FURTHER INFORMATION CONTACT: Arca, Inc.; Notice of Filing and Municipal Bond Active Exchange-
OPIC Agency Submitting Officer: James Immediate Effectiveness of Proposed Traded Fund (‘‘Fund’’) under NYSE
Bobbitt, (202) 336–8558. Rule Change Regarding the PIMCO Arca Equities Rule 8.600,4 which
Intermediate Municipal Bond Active governs the listing and trading of
SUPPLEMENTARY INFORMATION: OPIC Exchange-Traded Fund Managed Fund Shares.5 The Shares are
received no comments in response to offered by PIMCO ETF Trust (the
the sixty (60) day notice published in September 24, 2015. ‘‘Trust’’), a statutory trust organized
Federal Register volume 80 page 38241 Pursuant to Section 19(b)(1) 1 of the under the laws of the State of Delaware
on July 2, 2015. All mailed comments Securities Exchange Act of 1934 (the
and requests for copies of the subject ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 4 See Securities Exchange Act Release No. 60619
form should include form number notice is hereby given that, on (September 3, 2009), 74 FR 46820 (September 11,
OPIC–248 on both the envelope and in September 11, 2015, NYSE Arca, Inc. 2009) (SR–NYSEArca–2009–79) (notice of filing of
proposed rule change relating to listing and trading
the subject line of the letter. Electronic (the ‘‘Exchange’’ or ‘‘NYSE Arca’’) filed of Shares of the Fund and four other funds of the
comments and requests for copies of the with the Securities and Exchange PIMCO ETF Trust on the Exchange) (‘‘Prior
subject form may be sent to Commission (the ‘‘Commission’’) the Notice’’); Securities Exchange Act Release No.
James.Bobbitt@opic.gov, subject line proposed rule change as described in 60981 (November 10, 2009), 74 FR 59594
(November 11, 2009) (SR–NYSEArca–2009–79)
OPIC248. Items I and II below, which Items have (order approving listing and trading of Shares of the
been prepared by the self-regulatory Fund and four other funds of the PIMCO ETF Trust
Summary Form Under Review
organization. The Commission is on the Exchange) (‘‘Prior Order’’ and, together with
Type of Request: Revision of a publishing this notice to solicit the Prior Notice, the ‘‘Prior Release’’).
5 A Managed Fund Share is a security that
currently approved information comments on the proposed rule change represents an interest in an investment company
collection. from interested persons. registered under the Investment Company Act of
Title: Office of Investment Policy I. Self-Regulatory Organization’s
1940 (15 U.S.C. 80a–1) (‘‘1940 Act’’) organized as
Questionnaire. an open-end investment company or similar entity
Statement of the Terms of Substance of that invests in a portfolio of securities selected by
Form Number: OPIC–248. the Proposed Rule Change its investment adviser consistent with its
mstockstill on DSK4VPTVN1PROD with NOTICES
Frequency of Use: One per investor investment objectives and policies. In contrast, an
The Exchange proposes to reflect a open-end investment company that issues
per project.
change to the average portfolio duration Investment Company Units, listed and traded on
Type of Respondents: Business or of the PIMCO Intermediate Municipal the Exchange under NYSE Arca Equities Rule
other institution (except farms); 5.2(j)(3), seeks to provide investment results that
individuals. correspond generally to the price and yield
1 15 U.S.C. 78s(b)(1). performance of a specific foreign or domestic stock
Standard Industrial Classification 2 15 U.S.C. 78a. index, fixed income securities index or combination
Codes: All. 3 17 CFR 240.19b–4. thereof.
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![58796 Federal Register / Vol. 80, No. 189 / Wednesday, September 30, 2015 / Notices
Commission process and review your SECURITIES AND EXCHANGE Federal Register on June 23, 2015.4 The
comments more efficiently, please use COMMISSION Commission received no comment
only one method. The Commission will letters on this proposal. This Order
[Release No. 34–75980; File No. 4–668]
post all comments on the Commission’s approves Amendment No. 2 to the
Internet Web site (http://www.sec.gov/ Joint Industry Plan; Order Approving Selection Plan.
rules/sro.shtml). Copies of the Amendment No. 2 to the National II. Background and Description of the
submission, all subsequent Market System Plan Governing the Proposal
amendments, all written statements Process of Selecting a Plan Processor
with respect to the proposed rule and Developing a Plan for the A. Background
change that are filed with the Consolidated Audit Trail by BATS The Commission adopted Rule 613 on
Commission, and all written Exchange, Inc., BATS–Y Exchange, July 11, 2012, to require the SROs to
communications relating to the Inc., BOX Options Exchange LLC, C2 jointly submit an NMS plan to create,
proposed rule change between the Options Exchange, Incorporated, implement, and maintain a consolidated
Commission and any person, other than Chicago Board Options Exchange, audit trail (‘‘CAT NMS Plan’’).5 In
those that may be withheld from the Incorporated, Chicago Stock response, the SROs engaged in a request
public in accordance with the Exchange, Inc., EDGA Exchange, Inc., for proposal (‘‘RFP’’) process to help
EDGX Exchange, Inc., Financial them develop an NMS Plan proposal
provisions of 5 U.S.C. 552, will be
Industry Regulatory Authority, Inc., and solicit bids (‘‘Bids’’) for the role of
available for Web site viewing and
International Securities Exchange, Plan Processor 6 to build, operate,
printing in the Commission’s Public administer, and maintain the
Reference Section, 100 F Street NE., LLC, ISE Gemini, LLC, Miami
International Securities Exchange LLC, consolidated audit trail. The Selection
Washington, DC 20549 on official Plan, which was approved by the
NASDAQ OMX BX, Inc., NASDAQ OMX
business days between 10 a.m. and 3 Commission on February 21, 2014, sets
PHLX LLC, The NASDAQ Stock Market
p.m. Copies of the filing will also be forth the process by which the
LLC, National Stock Exchange, Inc.,
available for inspection and copying at New York Stock Exchange LLC, NYSE Participants will review, evaluate, and
the NYSE’s principal office and on its MKT LLC, and NYSE Arca, Inc. narrow down the Bids submitted in
Internet Web site at www.nyse.com. All response to the RFP to ‘‘Shortlisted
comments received will be posted September 24, 2015. Bids,’’ and ultimately select the Plan
without change; the Commission does I. Introduction Processor following Commission
not edit personal identifying approval of the proposed CAT NMS
information from submissions. You On March 6, 2015, BATS Exchange, Plan.7 Amendment No.1 to the Selection
should submit only information that Inc., BATS–Y Exchange, Inc., BOX Plan, which the Commission approved
you wish to make available publicly. All Options Exchange LLC, C2 Options on June 17, 2015, among other things,
submissions should refer to File Exchange, Incorporated, Chicago Board permits the SROs to vote to narrow the
Options Exchange, Incorporated, set of Shortlisted Bids to an even shorter
Number SR–NYSEArca–2015–79 and
Chicago Stock Exchange, Inc., EDGA list prior to Commission approval of the
should be submitted on or before
Exchange, Inc., EDGX Exchange, Inc., proposed CAT NMS Plan.8 The
October 21, 2015.
Financial Industry Regulatory Selection Plan, as amended, provides
For the Commission, by the Division of Authority, Inc., International Securities that the SROs’ Selection Committee will
Trading and Markets, pursuant to delegated Exchange, LLC, ISE Gemini, LLC, Miami vote to select the Plan Processor from
authority.14 International Securities Exchange LLC, among the remaining bidders, using a
Robert W. Errett, NASDAQ OMX BX, Inc., NASDAQ two-round voting process, within two
Deputy Secretary. OMX PHLX LLC, The NASDAQ Stock months of Commission approval of the
[FR Doc. 2015–24715 Filed 9–29–15; 8:45 am]
Market LLC, National Stock Exchange, proposed CAT NMS Plan.9
Inc., New York Stock Exchange LLC,
BILLING CODE 8011–01–P
NYSE MKT LLC, and NYSE Arca, Inc. B. Description of the Proposal
(collectively, ‘‘SROs’’ or ‘‘Participants’’) Amendment No. 1 included a
filed with the Securities and Exchange provision providing that no SRO shall
Commission (‘‘Commission’’ or ‘‘SEC’’) vote in the process narrowing the set of
pursuant to Section 11A of the Shortlisted Bidders if a Bid submitted
Securities Exchange Act of 1934 by the SRO or an Affiliate of the SRO
(‘‘Act’’),1 and Rule 608 thereunder,2 an is a Shortlisted Bid or if the SRO or its
amendment (‘‘Amendment No. 2’’) to Affiliate is included as a material
the National Market System (‘‘NMS’’) subcontractor as part of a Bid (a
Plan Governing the Process of Selecting
4 See Securities Exchange Act Release No. 75193
a Plan Processor and Developing a Plan
(June 17, 2015), 80 FR 36006 (June 23, 2015)
for the Consolidated Audit Trail (‘‘Notice of Amendment No. 2’’).
(‘‘Selection Plan’’).3 Amendment No. 2 5 Securities Exchange Act Release No. 67457 (July
was published for comment in the 18, 2012), 77 FR 45722 (Aug. 1, 2012).
6 Unless otherwise noted, capitalized terms are
1 15 U.S.C. 78k–1. used as defined in Rule 613, in the Selection Plan,
mstockstill on DSK4VPTVN1PROD with NOTICES
2 17 CFR 242.608. or in this Order.
3 The Selection Plan is an NMS Plan approved by 7 See Order Approving Selection Plan, supra note
the Commission pursuant to Section 11A of the Act 3.
8 See Securities Exchange Act Release No. 75192,
and Rule 608 thereunder. See Securities Exchange
Act Release No. 71596 (Feb. 21, 2014), 79 FR 11152 80 FR 36028 (June 23, 2015) (‘‘Order Approving
(Feb. 27, 2014) (‘‘Order Approving Selection Plan’’); Amendment No. 1’’).
see also Securities Exchange Act Release No. 70892 9 See Order Approving Selection Plan, supra note
(Nov. 15, 2013), 78 FR 69910 (Nov. 21, 2013) 3; Order Approving Amendment No. 1, supra note
14 17 CFR 200.30–3(a)(12). (‘‘Notice of Selection Plan’’). 8.
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Document Created: 2015-12-15 09:32:11
Document Modified: 2015-12-15 09:32:11
| 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 58794 |
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