81 FR 27180 - In the Matter of Solarbrook Water and Power Corp.; Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 87 (May 5, 2016)

Page Range		27180-27180
FR Document		2016-10677

Federal Register, Volume 81 Issue 87 (Thursday, May 5, 2016)

[Federal Register Volume 81, Number 87 (Thursday, May 5, 2016)]
[Notices]
[Page 27180]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-10677]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


 In the Matter of Solarbrook Water and Power Corp.; Order of 
Suspension of Trading

May 3, 2016.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Solarbrook Water and Power Corp. (``Solarbrook'') because of concerns 
regarding the accuracy and adequacy of information in the marketplace 
and potentially manipulative transactions in Solarbrook common stock. 
Solarbrook was a North Carolina corporation with its principal place of 
business located in Cary, NC, until April 4, 2012, when it was 
administratively dissolved by the state for failure to file required 
annual reports. Its stock is quoted on OTC Link (previously ``Pink 
Sheets''), operated by OTC Markets Group Inc. (``OTC Link''), under the 
ticker symbol SLRW.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of the 
above-listed company is suspended for the period from 9:30 a.m. EDT on 
May 3, 2016, through 11:59 p.m. EDT on May 16, 2016.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016-10677 Filed 5-3-16; 4:15 pm]
 BILLING CODE 8011-01-P

27180 Federal Register / Vol. 81, No. 87 / Thursday, May 5, 2016 / Notices

Exchange believes the proposal would furtherance of the purposes of the Act. NYSEARCA–2016–57, and should be
not unduly burden any particular group If the Commission takes such action, the submitted on or before May 26, 2016.
of market participants trading on the Commission shall institute proceedings For the Commission, by the Division of
Exchange vis-à-vis another group (i.e., to determine whether the proposed rule Trading and Markets, pursuant to delegated
Market Markers versus non-Market should be approved or disapproved. authority.18
Makers) as the Underlying Price Check,
as modified, is designed to address the IV. Solicitation of Comments Brent J. Fields,
unique role of Market Makers to enter Secretary.
Interested persons are invited to
two-sided quotations in their [FR Doc. 2016–10471 Filed 5–4–16; 8:45 am]
submit written data, views, and
appointments and would apply equally arguments concerning the foregoing, BILLING CODE 8011–01–P
to all Market Makers. Moreover, the including whether the proposed rule
Exchange believes the proposal would change is consistent with the Act.
provide market participants with SECURITIES AND EXCHANGE
Comments may be submitted by any of
additional protection from anomalous the following methods: COMMISSION
executions while ensuring that the
Underlying Price Check would not be Electronic Comments [File No. 500–1]
performed in instances where the
Exchange lacks reliable pricing data for • Use the Commission’s Internet In the Matter of Solarbrook Water and
the underlying security. Thus, the comment form (http://www.sec.gov/ Power Corp.; Order of Suspension of
Exchange does not believe the proposal rules/sro.shtml); or
Trading
creates any significant impact on • Send an email to rule-comments@
competition. The Exchange believes this sec.gov. Please include File Number SR– May 3, 2016.
proposal is pro-competitive as it allows NYSEARCA–2016–57 on the subject It appears to the Securities and
the Exchange to implement the second line. Exchange Commission that there is a
layer of price protection, which may lack of current and accurate information
encourage Market Makers to quote Paper Comments
concerning the securities of Solarbrook
tighter deeper markets, which will • Send paper comments in triplicate Water and Power Corp. (‘‘Solarbrook’’)
increase liquidity and enhance to Secretary, Securities and Exchange because of concerns regarding the
competition. Commission, 100 F Street NE., accuracy and adequacy of information
C. Self-Regulatory Organization’s Washington, DC 20549–1090. in the marketplace and potentially
Statement on Comments on the All submissions should refer to File manipulative transactions in Solarbrook
Proposed Rule Change Received From Number SR–NYSEARCA–2016–57. This common stock. Solarbrook was a North
Members, Participants, or Others file number should be included on the Carolina corporation with its principal
No written comments were solicited subject line if email is used. To help the place of business located in Cary, NC,
or received with respect to the proposed Commission process and review your until April 4, 2012, when it was
rule change. comments more efficiently, please use administratively dissolved by the state
only one method. The Commission will for failure to file required annual
III. Date of Effectiveness of the
post all comments on the Commission’s reports. Its stock is quoted on OTC Link
Proposed Rule Change and Timing for
Internet Web site (http://www.sec.gov/ (previously ‘‘Pink Sheets’’), operated by
Commission Action
rules/sro.shtml). Copies of the OTC Markets Group Inc. (‘‘OTC Link’’),
Because the foregoing proposed rule submission, all subsequent under the ticker symbol SLRW.
change does not: (i) Significantly affect amendments, all written statements The Commission is of the opinion that
the protection of investors or the public with respect to the proposed rule
interest; (ii) impose any significant the public interest and the protection of
change that are filed with the investors require a suspension of trading
burden on competition; and (iii) become Commission, and all written
operative for 30 days from the date on in the securities of the above-listed
communications relating to the
which it was filed, or such shorter time company.
proposed rule change between the
as the Commission may designate, it has Commission and any person, other than Therefore, it is ordered, pursuant to
become effective pursuant to Section those that may be withheld from the Section 12(k) of the Securities Exchange
19(b)(3)(A) 16 of the Act and Rule 19b– public in accordance with the Act of 1934, that trading in the
4(f)(6) thereunder.17 provisions of 5 U.S.C. 552, will be securities of the above-listed company is
At any time within 60 days of the available for Web site viewing and suspended for the period from 9:30 a.m.
filing of the proposed rule change, the printing in the Commission’s Public EDT on May 3, 2016, through 11:59 p.m.
Commission summarily may Reference Room, 100 F Street NE., EDT on May 16, 2016.
temporarily suspend such rule change if Washington, DC 20549, on official
it appears to the Commission that such By the Commission.
business days between the hours of
action is: (i) Necessary or appropriate in Brent J. Fields,
10:00 a.m. and 3:00 p.m. Copies of the
the public interest; (ii) for the protection filing also will be available for Secretary.
of investors; or (iii) otherwise in inspection and copying at the principal [FR Doc. 2016–10677 Filed 5–3–16; 4:15 pm]
office of the Exchange. All comments
mstockstill on DSK3G9T082PROD with NOTICES

BILLING CODE 8011–01–P
16 15 U.S.C. 78s(b)(3)(A).
17 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
received will be posted without change;
4(f)(6) requires a self-regulatory organization to give
the Commission does not edit personal
the Commission written notice of its intent to file identifying information from
the proposed rule change at least five business days submissions. You should submit only
prior to the date of filing of the proposed rule information that you wish to make
change, or such shorter time as designated by the
Commission. The Exchange has satisfied this
available publicly. All submissions
requirement. should refer to File Number SR– 18 17 CFR 200.30–3(a)(12).

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Document Created: 2016-05-05 01:15:11
Document Modified: 2016-05-05 01:15:11

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		81 FR 27180