81 FR 60396 - Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 170 (September 1, 2016)

Page Range		60396-60397
FR Document		2016-21026

Applicant seeks an order declaring that it has ceased to be an investment company. Applicant has transferred its assets to Tax- Exempt Bond Fund of America and, on June 17, 2016, made a final distribution to its shareholders based on net asset value. Expenses of $161,000 incurred in connection with the reorganization were paid by applicant's investment adviser. Filing Date: The application was filed on June 20, 2016. Applicant's Address: 6455 Irvine Center Drive, Irvine, California 92618.

Federal Register, Volume 81 Issue 170 (Thursday, September 1, 2016)

[Federal Register Volume 81, Number 170 (Thursday, September 1, 2016)]
[Notices]
[Pages 60396-60397]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2016-21026]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-32239]

Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940

August 26, 2016.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
August 2016. 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 September 20, 2016, 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: Secretary, U.S. Securities and Exchange
Commission, 100 F Street NE., Washington, DC 20549-1090.

FOR FURTHER INFORMATION CONTACT: Hae-Sung Lee, Attorney-Adviser, at
(202) 551-7345 or Chief Counsel's Office at (202) 551-6821; SEC,
Division of Investment Management, Chief Counsel's Office, 100 F Street
NE., Washington, DC 20549-8010.

American Funds Tax-Exempt Series I [File No. 811-04653]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has transferred its assets to Tax-
Exempt Bond Fund of America and, on June 17, 2016, made a final
distribution to its shareholders based on net asset value. Expenses of
$161,000 incurred in connection with the reorganization were paid by
applicant's investment adviser.
Filing Date: The application was filed on June 20, 2016.
Applicant's Address: 6455 Irvine Center Drive, Irvine, California
92618.

Newmark Risk-Managed Opportunistic Fund [File No. 811-08993]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 31, 2015, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $350 incurred in connection with the liquidation were paid
by applicant's investment adviser.
Filing Date: The application was filed on June 21, 2016.
Applicant's Address: 2806 Flintrock Trace, Suite A204, Austin,
Texas 78738.

Berwyn Funds [File No. 811-04963]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has transferred its assets to
Investment Managers Series Trust and, on April 29, 2016, made a final
distribution to its shareholders based on net asset value. Expenses of
$780,729 incurred in connection with the reorganization were paid by
applicant's investment adviser.
Filing Date: The application was filed on July 27, 2016.
Applicant's Address: c/o Chartwell Investment Partners, LLC, 1189
Lancaster Avenue, Berwyn, Pennsylvania 19312.

Paramount Institutional Access Fund [File No. 811-22580]

Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on July 28, 2016, and
amended on August 19, 2016.
Applicant's Address: c/o Paramount Access Advisors, LLC, Millennium
Tower, Suite 1200, 15455 N. Dallas Pkwy, Addison, Texas 75001.

Paramount Access Fund [File No. 811-22579]

Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Date: The application was filed on July 28, 2016.
Applicant's Address: c/o Paramount Access Advisors, LLC, Millennium
Tower, Suite 1200, 15455 N. Dallas Pkwy, Addison, Texas 75001.

Dreyfus Municipal Money Market Fund, Inc. [File No. 811-02946]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has transferred its assets to
General Municipal Money Market Fund and, on November 13, 2015, made a
final distribution to its shareholders based on net asset value.
Expenses of $169,000 incurred in connection with the reorganization
were paid by applicant's investment adviser.

[[Page 60397]]

Filing Dates: The application was filed on July 26, 2016, and
amended on August 4, 2016 and August 19, 2016.
Applicant's Address: 200 Park Avenue, New York, New York 10166.

Philadelphia Investment Partners New Generation Fund [File No. 811-
22395]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 30, 2016, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $750 incurred in connection with the liquidation were paid
by applicant's investment adviser.
Filing Date: The application was filed on August 5, 2016.
Applicant's Address: 1233 Haddonfield--Berlin Road, Suite #7,
Voorhees, New Jersey 08043.

Bluepoint Investment Series Trust [File No. 811-22723]

Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On August 5, 2016, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $4,500 incurred in connection with the liquidation were
paid by applicant.
Filing Date: The application was filed on August 5, 2016.
Applicant's Address: 350 Madison Avenue, 9th Floor, New York, NY
10017.

For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Brent J. Fields,
Secretary.
[FR Doc. 2016-21026 Filed 8-31-16; 8:45 am]
BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 170 / Thursday, September 1, 2016 / Notices 60397

Filing Dates: The application was Commission (‘‘Commission’’) 3 an copy of the Plan executed by IEX to
filed on July 26, 2016, and amended on amendment to the Plan to Address each of the other Participants. IEX has
August 4, 2016 and August 19, 2016. Extraordinary Market Volatility also submitted the executed Plan to the
Applicant’s Address: 200 Park (‘‘Plan’’).4 The amendment adds IEX as Commission. Accordingly, all of the
Avenue, New York, New York 10166. a Participant 5 to the Plan. The Plan requirements for effecting an
Commission is publishing this notice to amendment to the Plan to add IEX as a
Philadelphia Investment Partners New
solicit comments on the amendment Participant have been satisfied.
Generation Fund [File No. 811–22395]
from interested persons.
Summary: Applicant seeks an order II. Effectiveness of the Proposed Plan
declaring that it has ceased to be an I. Description and Purpose of the Plan Amendment
investment company. On March 30, Amendment The foregoing Plan amendment has
2016, applicant made a liquidating As noted above, the sole proposed become effective pursuant to Rule
distribution to its shareholders, based amendment to the Plan is to add the 608(b)(3)(iii) of the Exchange Act 7
on net asset value. Expenses of $750 Exchange as a Participant. On June 17, because it involves solely technical or
incurred in connection with the 2016, the Commission issued an order ministerial matters. At any time within
liquidation were paid by applicant’s granting IEX’s application for sixty days of the filing of this
investment adviser. registration as a national securities amendment, the Commission may
Filing Date: The application was filed exchange.6 A condition of the summarily abrogate the amendment and
on August 5, 2016. Commission’s approval was the require that it be refiled pursuant to
Applicant’s Address: 1233 requirement for IEX to join the Plan. paragraph (a)(1) of Rule 608,8 if it
Haddonfield—Berlin Road, Suite #7, Under Section II(C) of the Plan, any appears to the Commission that such
Voorhees, New Jersey 08043. entity registered as a national securities action is necessary or appropriate in the
exchange or national securities public interest, for the protection of
Bluepoint Investment Series Trust [File
association under the Exchange Act may investors, or the maintenance of fair and
No. 811–22723]
become a Participant by: (1) Executing orderly markets, to remove impediments
Summary: Applicant seeks an order a copy of the Plan, as then in effect; (2) to, and perfect the mechanisms of, a
declaring that it has ceased to be an providing each then-current Participant national market system or otherwise in
investment company. On August 5, with a copy of such executed Plan; and furtherance of the purposes of the
2016, applicant made a liquidating (3) effecting an amendment to the Plan Exchange Act.
distribution to its shareholders, based as specified in Section III(B) of the Plan.
on net asset value. Expenses of $4,500 Section III(B) of the Plan sets forth the III. Solicitation of Comments
incurred in connection with the process for a prospective new Interested persons are invited to
liquidation were paid by applicant. Participant to effect an amendment of submit written data, views and
Filing Date: The application was filed the Plan. Specifically, the Plan provides arguments concerning the foregoing,
on August 5, 2016. that such an amendment to the Plan including whether the amendment is
Applicant’s Address: 350 Madison may be effected by the new national consistent with the Exchange Act.
Avenue, 9th Floor, New York, NY securities exchange or national Comments may be submitted by any of
10017. securities association by executing a the following methods:
For the Commission, by the Division of copy of the Plan as then in effect (with
Investment Management, pursuant to the only change being the addition of Electronic Comments
delegated authority. the new Participant’s name in Section • Use the Commission’s Internet
Brent J. Fields, II(A) of the Plan); and submitting such comment form (http://www.sec.gov/
Secretary. executed Plan to the Commission. The rules/sro.shtml); or
[FR Doc. 2016–21026 Filed 8–31–16; 8:45 am] amendment will be effective when it is • Send an email to rule-comments@
BILLING CODE 8011–01–P approved by the Commission in sec.gov. Please include File Number 4–
accordance with Rule 608 of Regulation 631 on the subject line.
NMS, or otherwise becomes effective
Paper Comments
SECURITIES AND EXCHANGE pursuant to Rule 608 of Regulation
COMMISSION NMS. • Send paper comments in triplicate
IEX has executed a copy of the Plan to Brent J. Fields, Secretary, Securities
[Release No. 34–78703; File No. 4–631] and Exchange Commission, 100 F Street
currently in effect, with the only change
being the addition of its name in Section NE., Washington, DC 20549–1090.
Joint Industry Plan; Notice of Filing
and Immediate Effectiveness of II(A) of the Plan, and has provided a All submissions should refer to File
Amendment to the Plan To Address Number 4–631.This file number should
Extraordinary Market Volatility To Add
3 See Letter from Claudia Crowley, Chief
be included on the subject line if email
Regulatory Officer, Investors Exchange LLC, to is used. To help the Commission
the Investors Exchange LLC as a Brent J. Fields, Secretary, Securities and Exchange
Participant Commission, dated August 11, 2016. process and review your comments
4 On May 6, 2015, the Commission issued an more efficiently, please use only one
August 26, 2016. order approving the Plan on a one-year Pilot basis method. The Commission will post all
Pursuant to Section 11A(a)(3) of the (the ‘‘Approval Order’’). See Securities Exchange comments on the Commission’s Internet
Act Release No. 67091 (May 31, 2012), 77 FR 33498
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Securities Exchange Act of 1934 (June 6, 2012). The Plan was subsequently amended
Web site (http://www.sec.gov/rules/
(‘‘Exchange Act’’) 1 and Rule 608 several times to extend the pilot period, among sro.shtml). Copies of the submission, all
thereunder,2 notice is hereby given that other things, with the current Plan set to expire on subsequent amendments, all written
on August 11, 2016 Investors Exchange April 21, 2017. See Securities Exchange Act Release statements with respect to the proposed
No. 77679 (April 21, 2016), 81 FR 24908 (April 27,
LLC (‘‘IEX’’ or ‘‘Exchange’’) filed with 2016) (order approving tenth amendment to Plan).
plan amendment that are filed with the
the Securities and Exchange 5 The term ‘‘Participant’’ is defined as a party to Commission, and all written
the Plan.
1 15 U.S.C. 78k–1(a)(3). 6 See Securities Exchange Act Release No. 78101 7 17 CFR 242.608(b)(3)(iii).
2 17 CFR 242.608. (June 17, 2016), 81 FR 41141 (June 23, 2016). 8 17 CFR 242.608(a)(1).

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Document Created: 2018-02-09 11:57:08
Document Modified: 2018-02-09 11:57:08

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 June 20, 2016.
Contact		Hae-Sung Lee, Attorney-Adviser, at (202) 551-7345 or Chief Counsel's Office at (202) 551-6821; SEC, Division of Investment Management, Chief Counsel's Office, 100 F Street NE., Washington, DC 20549-8010.
FR Citation		81 FR 60396