81_FR_6107 81 FR 6084 - Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940

81 FR 6084 - 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 23 (February 4, 2016)

Page Range6084-6085
FR Document2016-02064

Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has transferred its assets to GAI Corbin Multi-Strategy Fund, LLC and, on December 31, 2015, made a final distribution to its shareholders based on net asset value. Expenses of $150,231 incurred in connection with the reorganization were paid by applicant and the acquiring fund. Filing Dates: The application was filed on January 6, 2016, and amended on January 7, 2016. Applicant's Address: 401 South Tryon Street, Charlotte, North Carolina 28202.

Federal Register, Volume 81 Issue 23 (Thursday, February 4, 2016) 
[Federal Register Volume 81, Number 23 (Thursday, February 4, 2016)]
[Notices]
[Pages 6084-6085]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-02064]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-31974 ]


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

January 29, 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 
January 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 February 23, 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: Jessica Shin, Law Clerk, at (202) 551-
5921 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.

GAI Mesirow Insight Fund, LLC [File No. 811-22221]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an

[[Page 6085]]

investment company. Applicant has transferred its assets to GAI Corbin 
Multi-Strategy Fund, LLC and, on December 31, 2015, made a final 
distribution to its shareholders based on net asset value. Expenses of 
$150,231 incurred in connection with the reorganization were paid by 
applicant and the acquiring fund.
    Filing Dates: The application was filed on January 6, 2016, and 
amended on January 7, 2016.
    Applicant's Address: 401 South Tryon Street, Charlotte, North 
Carolina 28202.

Federated Enhanced Treasury Income Fund [File No. 811-22098]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
transferred its assets to Federated Enhanced Treasury Income Fund, a 
portfolio of Federated Income Securities Trust, and, on October 23, 
2015, made a final distribution to its shareholders based on net asset 
value. Expenses of $161,790 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Dates: The application was filed on January 21, 2016.
    Applicant's Address: 4000 Ericsson Drive, Warrendale, Pennsylvania 
15086.

Nuveen New York Dividend Advantage Municipal Fund 2 [811-10253]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. The applicant 
has transferred its assets to Nuveen New York Dividend Advantage 
Municipal Fund and, on May 26, 2015, made a final distribution to its 
shareholders based on net asset value. Expenses of $620,000 incurred in 
connection with the reorganization were paid by applicant and $285,000 
were paid by the acquiring fund.
    Filing Dates: The application was filed on January 22, 2016.
    Applicant's Address: 333 West Wacker Drive, Chicago, Illinois 
60606.

EGA Frontier Diversified Core Fund [811-22782]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On October 
16, 2015, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $14,813 incurred in 
connection with the liquidation were paid by the applicant's investment 
adviser.
    Filing Dates: The application was filed on January 27, 2016.
    Applicant's Address: 155 West 19th Street, New York, New York 
10011.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-02064 Filed 2-3-16; 8:45 am]
 BILLING CODE 8011-01-P

6084 Federal Register / Vol. 81, No. 23 / Thursday, February 4, 2016 / Notices ISE Mercury rules, ISE Mercury with respect to the rules that ISE when the Commission approves any members will comply with an ISE Mercury proposes to incorporate by such changes. Mercury rule by complying with the reference. The exemption is conditioned By the Commission. referenced ISE, CBOE, NYSE or FINRA upon ISE Mercury providing written Robert W. Errett, rule. notice to ISE Mercury members Deputy Secretary. In connection with the proposal to whenever FINRA, ISE, CBOE or NYSE [FR Doc. 2016–02061 Filed 2–3–16; 8:45 am] incorporate ISE, CBOE, NYSE and proposes to change an incorporated by BILLING CODE 8011–01–P FINRA rules by reference, ISE Mercury reference rule and when the requests, pursuant to Rule 240.0–12 Commission approves any such under the Act,327 an exemption under changes. The Commission believes that SECURITIES AND EXCHANGE Section 36 of the Act from the rule filing the exemption is appropriate in the COMMISSION requirements of Section 19(b) of the Act public interest and consistent with the for changes to the ISE Mercury rules protection of investors because it will [Release No. IC–31974 ] that are effected solely by virtue of a promote more efficient use of change to a cross-referenced ISE, CBOE, Commission’s and SROs’ resources by Notice of Applications for NYSE or FINRA rule.328 ISE Mercury avoiding duplicative rule filings based Deregistration Under Section 8(f) of the proposes to incorporate by reference on simultaneous changes to identical Investment Company Act of 1940 categories of rules, rather than rule text sought to be implemented by January 29, 2016. individual rules within a category, that more than one SRO. The following is a notice of are not trading rules. In addition, ISE applications for deregistration under IV. Conclusion Mercury agrees to provide written section 8(f) of the Investment Company notice to its members whenever FINRA, IT IS ORDERED that the application Act of 1940 for the month of January ISE, CBOE or NYSE proposes a change of ISE Mercury for registration as a 2016. A copy of each application may be to a cross-referenced rule 329 and national securities exchange be, and it obtained via the Commission’s Web site whenever any such proposed changes hereby is, granted. by searching for the file number, or for are approved by the Commission or IT IS FURTHERED ORDERED that an applicant using the Company name otherwise become effective.330 operation of ISE Mercury is conditioned box, at http://www.sec.gov/search/ Using the authority under Section 36 on the satisfaction of the requirements search.htm or by calling (202) 551– of the Act, the Commission previously below: 8090. An order granting each exempted certain SROs from the A. Participation in National Market application will be issued unless the requirement to file proposed rule System Plans Relating to Options SEC orders a hearing. Interested persons changes under Section 19(b) of the Trading. ISE Mercury must join: (1) The may request a hearing on any Act.331 The Commission is hereby Plan for the Reporting of Consolidated application by writing to the SEC’s granting ISE Mercury’s request for Options Last Sale Reports and Secretary at the address below and exemption, pursuant to Section 36 of Quotation Information (Options Price serving the relevant applicant with a the Act, from the rule filing Reporting Authority); (2) the OLPP; (3) copy of the request, personally or by requirements of Section 19(b) of the Act the Linkage Plan; and (4) the Plan of the mail. Hearing requests should be Options Regulatory Surveillance received by the SEC by 5:30 p.m. on Chapter 4 (Business Conduct), Chapter 5 (Securities February 23, 2016, and should be Traded on the Exchange), Chapter 6 (Doing Authority. Business with the Public), Chapter 10 (Closing B. Participation in Multiparty Rule accompanied by proof of service on Transactions), Chapter 11 (Exercises and 17d–2 Plans. ISE Mercury must become applicants, in the form of an affidavit or, Deliveries), Chapter 12 (Margins), Chapter 13 (Net a party to the multiparty Rule 17d–2 for lawyers, a certificate of service. Capital Requirements), Chapter 14 (Records, Pursuant to Rule 0–5 under the Act, Reports and Audits), Chapter 15 (Summary agreements concerning options sales Suspension), Chapter 16 (Discipline), Chapter 17 practice regulation and market hearing requests should state the nature (Hearings and Review), Chapter 18 (Arbitration), surveillance. of the writer’s interest, any facts bearing Chapter 19 (Order Protection; Locked and Crossed upon the desirability of a hearing on the Markets), Chapter 20 (Index Rules), Chapter 22 C. Participation in the Options matter, the reason for the request, and (Rate-Modified Foreign Currency Options Rules). Clearing Corporation. ISE Mercury must the issues contested. Persons who wish The following rules are cross-referenced in the ISE become an Options Clearing rules: ISE Rule 1202 (Margin Requirements) cross- to be notified of a hearing may request references the same CBOE and NYSE rules that may Corporation participant exchange. notification by writing to the be in effect from time to time; ISE Rule 1615 D. Participation in the Intermarket Commission’s Secretary. (Disciplinary Functions) cross-references the FINRA Surveillance Group. ISE Mercury must Code of Procedure and ISE Rule 1800 cross- ADDRESSES: The Commission: Secretary, references the 12000 and 13000 Series of the FINRA join the Intermarket Surveillance Group. U.S. Securities and Exchange Manual and FINRA Rule 2268. It is further ordered, pursuant to Commission, 100 F Street NE., 327 17 CFR 240.0–12. Section 36 of the Act,332 that ISE Washington, DC 20549–1090. 328 See Letter from Michael Simon, General Mercury shall be exempted from the FOR FURTHER INFORMATION CONTACT: Counsel, Secretary and Chief Regulatory Officer, ISE Mercury, to Brent J. Fields, Secretary, rule filing requirements of Section 19(b) Jessica Shin, Law Clerk, at (202) 551– Commission, dated June 26, 2015. of the Act with respect to the FINRA, 5921 or Chief Counsel’s Office at (202) 329 See id. ISE, CBOE and NYSE rules that ISE 551–6821; SEC, Division of Investment 330 ISE Mercury will provide such notice through Mercury proposes to incorporate by asabaliauskas on DSK5VPTVN1PROD with NOTICES Management, Chief Counsel’s Office, a posting on the same Web site location where ISE reference, subject to the conditions Mercury posts its own rule filings pursuant to Rule 100 F Street NE., Washington, DC 19b–4 under the Act, within the required time specified in this order that ISE Mercury 20549–8010. frame. The Web site posting will include a link to provide written notice to ISE Mercury the location on the FINRA, ISE, CBOE or NYSE Web members whenever FINRA, ISE, CBOE GAI Mesirow Insight Fund, LLC [File site where FINRA, ISE, CBOE or NYSE’s proposed or NYSE propose to change an No. 811–22221] rule change is posted. See id. 331 See, e.g., BATS Order, supra note 27, C2 incorporated by reference rule and Summary: Applicant, a closed-end Order, supra note 159, Nasdaq Order, supra note investment company, seeks an order 27, and NOM Approval Order, supra note 154. 332 15 U.S.C. 78mm. declaring that it has ceased to be an VerDate Sep<11>2014 17:21 Feb 03, 2016 Jkt 238001 PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 E:\FR\FM\04FEN1.SGM 04FEN1

Federal Register / Vol. 81, No. 23 / Thursday, February 4, 2016 / Notices 6085 investment company. Applicant has Applicant’s Address: 155 West 19th set forth in sections A, B, and C below, transferred its assets to GAI Corbin Street, New York, New York 10011. of the most significant parts of such Multi-Strategy Fund, LLC and, on For the Commission, by the Division of statements. December 31, 2015, made a final Investment Management, pursuant to A. Self-Regulatory Organization’s distribution to its shareholders based on delegated authority. Statement of the Purpose of, and net asset value. Expenses of $150,231 Robert W. Errett, Statutory Basis for, the Proposed Rule incurred in connection with the Deputy Secretary. Change reorganization were paid by applicant [FR Doc. 2016–02064 Filed 2–3–16; 8:45 am] and the acquiring fund. 1. Purpose BILLING CODE 8011–01–P Filing Dates: The application was The Exchange proposes to change the filed on January 6, 2016, and amended fees and credits for Cross Asset Tier 2 on January 7, 2016. SECURITIES AND EXCHANGE in the Fee Schedule. Specifically, for Applicant’s Address: 401 South Tryon COMMISSION securities with a per share price $1.00 Street, Charlotte, North Carolina 28202. or above, the Exchange proposes to: (1) [Release No. 34–77000; File No. SR– Federated Enhanced Treasury Income NYSEARCA–2016–22] Replace the numeric benchmark needed Fund [File No. 811–22098] to be eligible for the tier with a Self-Regulatory Organizations; NYSE benchmark based on a percentage of Summary: Applicant, a closed-end options contract volume, and (2) Arca, Inc.; Notice of Filing and investment company, seeks an order provide a second way to qualify for the Immediate Effectiveness of Proposed declaring that it has ceased to be an Cross Asset Tier 2 credits for orders that Rule Change Amending the NYSE Arca investment company. Applicant has provide liquidity to the Exchange. The Equities Schedule of Fees and transferred its assets to Federated Exchange proposes to implement the fee Charges for Exchange Services Enhanced Treasury Income Fund, a changes effective January 28, 2016.4 portfolio of Federated Income Securities January 29, 2016. Currently, Cross Asset Tier 2 fees and Trust, and, on October 23, 2015, made Pursuant to Section 19(b)(1) 1 of the credits apply to ETP Holders and a final distribution to its shareholders Securities Exchange Act of 1934 Market Makers that (a) provide liquidity based on net asset value. Expenses of (‘‘Act’’) 2 and Rule 19b–4 thereunder,3 an average daily volume share per $161,790 incurred in connection with notice is hereby given that, on January month of 0.30% or more of the US the reorganization were paid by 28, 2016, NYSE Arca, Inc. (the Consolidated Average Daily Volume applicant and the acquiring fund. ‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with (‘‘CADV’’), and (b) are affiliated with an Filing Dates: The application was the Securities and Exchange OTP Holder or OTP Firm that provides filed on January 21, 2016. Commission (‘‘Commission’’) the an ADV of electronic posted executions Applicant’s Address: 4000 Ericsson proposed rule change as described in for the account of a market maker in Drive, Warrendale, Pennsylvania 15086. Items I, II, and III below, which Items Penny Pilot issues on NYSE Arca Nuveen New York Dividend Advantage have been prepared by the self- Options (excluding mini options) of at Municipal Fund 2 [811–10253] regulatory organization. The least 90,000 contracts. Such ETP Commission is publishing this notice to Holders and Market Makers receive a Summary: Applicant, a closed-end solicit comments on the proposed rule credit of $0.0031 per share for orders investment company, seeks an order change from interested persons. that provide liquidity to the order book declaring that it has ceased to be an in Tape A Securities; a credit of $0.0030 investment company. The applicant has I. Self-Regulatory Organization’s Statement of the Terms of Substance of per share for providing liquidity to the transferred its assets to Nuveen New order book and a fee of $0.0028 per York Dividend Advantage Municipal the Proposed Rule Change share for taking liquidity from the order Fund and, on May 26, 2015, made a The Exchange proposes to amend the book in Tape B Securities; and a credit final distribution to its shareholders NYSE Arca Equities Schedule of Fees of $0.0033 per share for providing based on net asset value. Expenses of and Charges for Exchange Services. The liquidity to the order book and a fee of $620,000 incurred in connection with proposed rule change is available on the $0.0029 per share for taking liquidity the reorganization were paid by Exchange’s Web site at www.nyse.com, from the order book in Tape C applicant and $285,000 were paid by at the principal office of the Exchange, Securities. the acquiring fund. and at the Commission’s Public The Exchange proposes to replace the Filing Dates: The application was Reference Room. current fixed 90,000 contract filed on January 22, 2016. requirement with a variable requirement Applicant’s Address: 333 West II. Self-Regulatory Organization’s Statement of the Purpose of, and of at least 0.75% of total Customer Wacker Drive, Chicago, Illinois 60606. equity and exchange-traded fund Statutory Basis for, the Proposed Rule EGA Frontier Diversified Core Fund Change (‘‘ETF’’) option ADV, as reported by the [811–22782] Options Clearing Corporation (‘‘OCC’’).5 In its filing with the Commission, the Summary: Applicant, a closed-end self-regulatory organization included 4 The Exchange originally filed to amend the Fee investment company, seeks an order statements concerning the purpose of, Schedule on January 4, 2016 (SR–NYSEArca–2016– declaring that it has ceased to be an and basis for, the proposed rule change 05) and withdrew such filing on January 14, 2016. investment company. On October 16, The Exchange subsequently filed to amend the Fee asabaliauskas on DSK5VPTVN1PROD with NOTICES and discussed any comments it received Schedule on January 14, 2016 (SR–NYSEArca– 2015, applicant made a liquidating on the proposed rule change. The text 2016–12) and withdrew such filing on January 28, distribution to its shareholders, based of those statements may be examined at 2016. on net asset value. Expenses of $14,813 the places specified in Item IV below. 5 The OCC provides volume information in two incurred in connection with the The Exchange has prepared summaries, product categories: Equity and ETF volume and liquidation were paid by the applicant’s index volume, and the information can be filtered to show only Customer, firm, or market maker investment adviser. 1 15 U.S.C. 78s(b)(1). account type. Equity and ETF Customer volume Filing Dates: The application was 2 15 U.S.C. 78a. numbers are available directly from the OCC each filed on January 27, 2016. 3 17 CFR 240.19b–4. Continued VerDate Sep<11>2014 17:21 Feb 03, 2016 Jkt 238001 PO 00000 Frm 00105 Fmt 4703 Sfmt 4703 E:\FR\FM\04FEN1.SGM 04FEN1


Document Created: 2016-02-04 00:31:21
Document Modified: 2016-02-04 00:31:21
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
DatesThe application was filed on January 6, 2016, and amended on January 7, 2016.
ContactJessica Shin, Law Clerk, at (202) 551- 5921 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 Citation81 FR 6084 
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