81 FR 69181 - Avante Mezzanine Partners SBIC II, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 81, Issue 193 (October 5, 2016)

Page Range		69181-69181
FR Document		2016-24035

Federal Register, Volume 81 Issue 193 (Wednesday, October 5, 2016)

[Federal Register Volume 81, Number 193 (Wednesday, October 5, 2016)]
[Notices]
[Page 69181]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24035]


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 SMALL BUSINESS ADMINISTRATION

[License No. 09/09-0479]


Avante Mezzanine Partners SBIC II, L.P.; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Avante Mezzanine Partners SBIC II, 
L.P., 11150 Santa Monica Boulevard, Suite 1470, Los Angeles, CA 90025, 
a Federal Licensee under the Small Business Investment Act of 1958, as 
amended (``the Act''), in connection with the financing of a small 
concern, has sought an exemption under Section 312 of the Act and 
Section 107.730, Financings which constitute Conflicts of Interest of 
the Small Business Administration (``SBA'') Rules and Regulations (13 
CFR 107.730). Avante Mezzanine Partners SBIC II, L.P. proposes to 
provide debt and equity financings to Global ID Group, Inc., 500 N. 4th 
Street, Suite 204, Fairfield, Iowa 52556.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Avante Mezzanine Partners SBIC, L.P 
(``Avante'') and Avante Mezzanine Partners SBIC II, L.P. are 
Associates. Avante owns more than ten percent of Global ID Group, Inc. 
and therefore this transaction is considered Financing an Associate 
requiring prior SBA approval. This transaction will also discharge an 
obligation of Avante.
    Notice is hereby given that any interested person may submit 
written comments on this transaction within fifteen days of the date of 
this publication to the Associate Administrator, Office of Investment 
and Innovation, U.S. Small Business Administration, 409 Third Street 
SW., Washington, DC 20416.

Mark L. Walsh,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2016-24035 Filed 10-4-16; 8:45 am]
 BILLING CODE 8025-01-P

Federal Register / Vol. 81, No. 193 / Wednesday, October 5, 2016 / Notices 69181

market quality. Within the BAM longer period to be appropriate and submitted on or before October 26,
Auction, EDGX believes that the rules publishes its reasons for so finding or 2016.
that are proposed will encourage EDGX (ii) as to which the Exchange consents, For the Commission, by the Division of
Users to compete vigorously to provide the Commission will: (a) By order Trading and Markets, pursuant to delegated
the opportunity for price improvement approve or disapprove such proposed authority.48
in a competitive auction process. rule change, or (b) institute proceedings Robert W. Errett,
The Exchange’s proposal is a to determine whether the proposed rule
competitive response to similar Deputy Secretary.
change should be disapproved.
provisions in the price improvement [FR Doc. 2016–24010 Filed 10–4–16; 8:45 am]
auction rules of other options IV. Solicitation of Comments BILLING CODE 8011–01–P
exchanges.46 The Exchange believes this Interested persons are invited to
proposed rule change is necessary to submit written data, views, and
permit fair competition among the arguments concerning the foregoing,
options exchanges and to establish more including whether the proposed rule SMALL BUSINESS ADMINISTRATION
uniform price improvement auction change is consistent with the Act.
rules on the various options exchanges. Comments may be submitted by any of [License No. 09/09–0479]
The Exchange anticipates that this the following methods:
auction proposal will create new Electronic Comments Avante Mezzanine Partners SBIC II,
opportunities for EDGX to attract new L.P.; Notice Seeking Exemption Under
business and compete on equal footing • Use the Commission’s Internet Section 312 of the Small Business
with those options exchanges with comment form (http://www.sec.gov/ Investment Act, Conflicts of Interest
auctions and for this reason the rules/sro.shtml); or
proposal does not create an undue • Send an email to rule-comments@ Notice is hereby given that Avante
burden on inter-market competition. sec.gov. Please include File Number SR– Mezzanine Partners SBIC II, L.P., 11150
Rather, the Exchange believes that the BatsEDGX–2016–41 on the subject line. Santa Monica Boulevard, Suite 1470,
proposed rule would bolster inter- Paper Comments Los Angeles, CA 90025, a Federal
market competition by promoting fair Licensee under the Small Business
• Send paper comments in triplicate
competition among individual markets, Investment Act of 1958, as amended
to Brent J. Fields, Secretary, Securities
while at the same time assuring that (‘‘the Act’’), in connection with the
and Exchange Commission, 100 F Street
market participants receive the benefits financing of a small concern, has sought
NE., Washington, DC 20549–1090.
of markets that are linked together, an exemption under Section 312 of the
through facilities and rules, in a unified All submissions should refer to File Act and Section 107.730, Financings
system, which promotes interaction Number SR–BatsEDGX–2016–41. This which constitute Conflicts of Interest of
among the orders of buyers and sellers. file number should be included on the the Small Business Administration
The Exchange believes its proposal subject line if email is used. To help the
(‘‘SBA’’) Rules and Regulations (13 CFR
would help ensure inter-market Commission process and review your
107.730). Avante Mezzanine Partners
competition across all exchanges and comments more efficiently, please use
SBIC II, L.P. proposes to provide debt
facilitate compliance with best only one method. The Commission will
and equity financings to Global ID
execution practices. In addition, the post all comments on the Commission’s
Group, Inc., 500 N. 4th Street, Suite 204,
Exchange believes that the proposed Internet Web site (http://www.sec.gov/
Fairfield, Iowa 52556.
rule change would help promote fair rules/sro.shtml). Copies of the
submission, all subsequent The financing is brought within the
and orderly markets by helping ensure purview of § 107.730(a) of the
compliance with Options Order amendments, all written statements
with respect to the proposed rule Regulations because Avante Mezzanine
Protection and Locked and Crossed Partners SBIC, L.P (‘‘Avante’’) and
Market Rules.47 Thus, the Exchange change that are filed with the
Commission, and all written Avante Mezzanine Partners SBIC II, L.P.
does not believe the proposal creates are Associates. Avante owns more than
any significant impact on competition. communications relating to the
proposed rule change between the ten percent of Global ID Group, Inc. and
C. Self-Regulatory Organization’s Commission and any person, other than therefore this transaction is considered
Statement on Comments on the those that may be withheld from the Financing an Associate requiring prior
Proposed Rule Change Received From public in accordance with the SBA approval. This transaction will also
Members, Participants, or Others provisions of 5 U.S.C. 552, will be discharge an obligation of Avante.
Written comments were neither available for Web site viewing and Notice is hereby given that any
solicited nor received. printing in the Commission’s Public interested person may submit written
Reference Room, 100 F Street NE., comments on this transaction within
III. Date of Effectiveness of the Washington, DC 20549, on official fifteen days of the date of this
Proposed Rule Change and Timing for business days between the hours of publication to the Associate
Commission Action 10:00 a.m. and 3:00 p.m. Copies of the Administrator, Office of Investment and
Within 45 days of the date of filing also will be available for Innovation, U.S. Small Business
publication of this notice in the Federal inspection and copying at the principal Administration, 409 Third Street SW.,
Register or within such longer period (i) office of the Exchange. All comments
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Washington, DC 20416.
as the Commission may designate up to received will be posted without change;
90 days of such date if it finds such the Commission does not edit personal Mark L. Walsh,
identifying information from Associate Administrator for Office of
46 Today, the following options markets offer
submissions. You should submit only Investment and Innovation.
auctions: CBOE, ISE, BOX, MIAX, PHLX and BX information that you wish to make [FR Doc. 2016–24035 Filed 10–4–16; 8:45 am]
Options. See CBOE Rule 6.74A, ISE Rule 723, BOX
Rule 7150, MIAX Rule 5.15, PHLX Rule 1080(n), available publicly. All submissions BILLING CODE 8025–01–P
and BX Options Chapter VI, Section 9. should refer to File Number SR–
47 See Chapter XXVII of the Exchange’s Rules. BatsEDGX–2016–41 and should be 48 17 CFR 200.30–3(a)(12).

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Document Created: 2016-10-05 03:28:50
Document Modified: 2016-10-05 03:28:50

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 69181