81 FR 45591 - Boathouse Capital II, LP, License No. 03/03-0264; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 81, Issue 135 (July 14, 2016)

Page Range		45591-45591
FR Document		2016-16701

Federal Register, Volume 81 Issue 135 (Thursday, July 14, 2016)

[Federal Register Volume 81, Number 135 (Thursday, July 14, 2016)]
[Notices]
[Page 45591]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16701]


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 SMALL BUSINESS ADMINISTRATION


Boathouse Capital II, LP, License No. 03/03-0264; Notice Seeking 
Exemption Under Section 312 of the Small Business Investment Act, 
Conflicts of Interest

    Notice is hereby given that Boathouse Capital II, L.P., 353 West 
Lancaster Avenue, Suite 200, Wayne, PA 19087, a Federal Licensee under 
the Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of CalNet Technology Group, Inc., 420 3rd 
Ave NW., Hickory, NC 28601, has sought an exemption under Section 312 
of the Act and 13 CFR 107.730 financings which constitute conflicts of 
interest of the Small Business Administration (``SBA'') Rules and 
Regulations. Boathouse Capital II, LP proposes to provide debt 
financing to CalNet Technology Group, Inc., owned by Boathouse Capital, 
LP, an associate as defined in Sec. 105.50 of the regulations. 
Therefore this transaction is considered a conflict of interest 
requiring SBA's prior written exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street SW., Washington, DC 
20416.

Mark Walsh,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2016-16701 Filed 7-13-16; 8:45 am]
BILLING CODE 8025-01-P

Federal Register / Vol. 81, No. 135 / Thursday, July 14, 2016 / Notices 45591

Fees is reasonable, equitable, and not fee, or other charge imposed by the filing also will be available for
unfairly discriminatory as the Access Exchange. inspection and copying at the principal
Fee is charged to all registered At any time within 60 days of the office of the Exchange. All comments
personnel that operate on the Floor but filing of such proposed rule change, the received will be posted without change;
do not execute transactions. The Commission summarily may the Commission does not edit personal
proposed fee is equitable and not temporarily suspend such rule change if identifying information from
discriminatory as it applies equally to it appears to the Commission that such submissions. You should submit only
all similarly situated individuals. action is necessary or appropriate in the information that you wish to make
Additionally, the proposed fee is public interest, for the protection of available publicly. All submissions
reasonable because it is similar to fees investors, or otherwise in furtherance of should refer to File No. SR–NYSEArca–
charged by another options exchange to the purposes of the Act. If the 2016–95, and should be submitted on or
similarly situated floor personnel.10 Commission takes such action, the before August 4, 2016.
For these reasons, the Exchange Commission shall institute proceedings
For the Commission, by the Division of
believes that the proposal is consistent under Section 19(b)(2)(B) 14 of the Act to Trading and Markets, pursuant to delegated
with the Act. determine whether the proposed rule authority.15
change should be approved or Jill M. Peterson,
B. Self-Regulatory Organization’s disapproved.
Statement on Burden on Competition Assistant Secretary.
IV. Solicitation of Comments [FR Doc. 2016–16602 Filed 7–13–16; 8:45 am]
In accordance with Section 6(b)(8) of Interested persons are invited to BILLING CODE 8011–01–P
the Act,11 the Exchange does not believe submit written data, views, and
that the proposed rule change will arguments concerning the foregoing,
impose any burden on competition that including whether the proposal is
is not necessary or appropriate in SMALL BUSINESS ADMINISTRATION
consistent with the Act. Comments may
furtherance of the purposes of the Act. be submitted by any of the following
Instead, the Exchange believes that the Boathouse Capital II, LP, License No.
methods: 03/03–0264; Notice Seeking Exemption
proposed changes would encourage
competition, including by reducing the Electronic Comments Under Section 312 of the Small
Business Investment Act, Conflicts of
overhead costs for Floor Brokers so that • Use the Commission’s Internet Interest
they may conduct a more competitive comment form (http://www.sec.gov/
business attracting manual orders to the rules/sro.shtml); or Notice is hereby given that Boathouse
Exchange, which would make the • Send an email to rule-comments@ Capital II, L.P., 353 West Lancaster
Exchange a more competitive venue for, sec.gov. Please include File No. SR– Avenue, Suite 200, Wayne, PA 19087, a
among other things, order execution and NYSEArca–2016–95 on the subject line. Federal Licensee under the Small
price discovery. Business Investment Act of 1958, as
Paper Comments
The Exchange notes that it operates in amended (‘‘the Act’’), in connection
a highly competitive market in which • Send paper comments in triplicate with the financing of CalNet Technology
market participants can readily favor to Secretary, Securities and Exchange Group, Inc., 420 3rd Ave NW., Hickory,
competing venues. In such an Commission, 100 F Street NE., NC 28601, has sought an exemption
environment, the Exchange must Washington, DC 20549–1090. under Section 312 of the Act and 13
continually review, and consider All submissions should refer to File No. CFR 107.730 financings which
adjusting, its fees and credits to remain SR–NYSEArca–2016–95. This file constitute conflicts of interest of the
competitive with other exchanges. For number should be included on the Small Business Administration (‘‘SBA’’)
the reasons described above, the subject line if email is used. To help the Rules and Regulations. Boathouse
Exchange believes that the proposed Commission process and review your Capital II, LP proposes to provide debt
rule change reflects this competitive comments more efficiently, please use financing to CalNet Technology Group,
environment. only one method. The Commission will Inc., owned by Boathouse Capital, LP,
post all comments on the Commission’s an associate as defined in Sec. 105.50 of
C. Self-Regulatory Organization’s Internet Web site (http://www.sec.gov/
Statement on Comments on the the regulations. Therefore this
rules/sro.shtml). Copies of the transaction is considered a conflict of
Proposed Rule Change Received From submission, all subsequent
Members, Participants, or Others interest requiring SBA’s prior written
amendments, all written statements exemption.
No written comments were solicited with respect to the proposed rule Notice is hereby given that any
or received with respect to the proposed change that are filed with the interested person may submit written
rule change. Commission, and all written comments on the transaction, within
communications relating to the fifteen days of the date of this
III. Date of Effectiveness of the proposed rule change between the publication, to the Associate
Proposed Rule Change and Timing for Commission and any person, other than Administrator for Investment, U.S.
Commission Action those that may be withheld from the Small Business Administration, 409
The foregoing rule change is effective public in accordance with the Third Street SW., Washington, DC
provisions of 5 U.S.C. 552, will be
asabaliauskas on DSK3SPTVN1PROD with NOTICES

upon filing pursuant to Section 20416.
19(b)(3)(A) 12 of the Act and available for Web site viewing and
printing in the Commission’s Public Mark Walsh,
subparagraph (f)(2) of Rule 19b–4 13
thereunder, because it establishes a due, Reference Room, 100 F Street NE., Associate Administrator for Office of
Washington, DC 20549, on official Investment and Innovation.
10 See business days between the hours of [FR Doc. 2016–16701 Filed 7–13–16; 8:45 am]
supra n. 7 [sic].
11 15 U.S.C. 78f(b)(8). 10:00 a.m. and 3:00 p.m. Copies of the BILLING CODE 8025–01–P
12 15 U.S.C. 78s(b)(3)(A).
13 17 CFR 240.19b–4(f)(2). 14 15 U.S.C. 78s(b)(2)(B). 15 17 CFR 200.30–3(a)(12).

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Document Created: 2016-07-14 01:55:02
Document Modified: 2016-07-14 01:55:02

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 45591