83 FR 27055 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 112 (June 11, 2018)

Page Range		27055-27055
FR Document		2018-12547

Federal Register, Volume 83 Issue 112 (Monday, June 11, 2018)

[Federal Register Volume 83, Number 112 (Monday, June 11, 2018)]
[Notices]
[Page 27055]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-12547]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE: 12:00 p.m. on Wednesday, June 13, 2018.

PLACE: SEC's Atlanta Regional Office, Multipurpose Room 1061.

STATUS: This meeting will be closed to the public.

MATTERS TO BE CONSIDERED: Commissioners, Counsel to the Commissioners, 
the Secretary to the Commission, and recording secretaries will attend 
the closed meeting. Certain staff members who have an interest in the 
matters also may be present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), 
permit consideration of the scheduled matters at the closed meeting.
    Commissioner Jackson, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matters of the closed meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings; and
    Other matters relating to enforcement proceedings.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

CONTACT PERSON FOR MORE INFORMATION: For further information and to 
ascertain what, if any, matters have been added, deleted or postponed; 
please contact Brent J. Fields from the Office of the Secretary at 
(202) 551-5400.

    Dated: June 6, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-12547 Filed 6-7-18; 11:15 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 112 / Monday, June 11, 2018 / Notices 27055

SECURITIES AND EXCHANGE response, the Commission received six STATUS: This meeting will be closed to
COMMISSION comments on the proposal.6 On the public.
November 22, 2017, the Commission MATTERS TO BE CONSIDERED:
[Release No. 34–83383; File No. SR–
NASDAQ–2017–087]
extended the time period within which Commissioners, Counsel to the
to approve the proposed rule change, Commissioners, the Secretary to the
Self-Regulatory Organizations; The disapprove the proposed rule change, or Commission, and recording secretaries
NASDAQ Stock Market LLC; Notice of institute proceedings to determine will attend the closed meeting. Certain
Withdrawal of Proposed Rule Change whether to approve or disapprove the staff members who have an interest in
To Modify the Listing Requirements proposed rule change, to January 9, the matters also may be present.
Related to Special Purpose Acquisition 2018.7 On January 9, 2018, the The General Counsel of the
Companies Listing Standards To Commission issued an order instituting Commission, or his designee, has
Reduce Round Lot Holders on Nasdaq proceedings under Section 19(b)(2)(B) of certified that, in his opinion, one or
Capital Market for Initial Listing From the Act to determine whether to approve more of the exemptions set forth in 5
300 to 150 and Eliminate Public or disapprove the proposed rule change U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
Holders for Continued Listing From (‘‘OIP’’).8 The Commission received and (10) and 17 CFR 200.402(a)(3),
300 to Zero, Require $5 Million in Net three additional comments, one of (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
Tangible Assets for Initial and which included a response from (a)(10), permit consideration of the
Continued Listing on Nasdaq Capital Nasdaq.9 On April 6, 2018, the scheduled matters at the closed meeting.
Market, and Impose a Deadline To Commission designated a longer period Commissioner Jackson, as duty
Demonstrate Compliance With Initial for the Commission to issue an order officer, voted to consider the items
Listing Requirements on All Nasdaq approving or disapproving the proposed listed for the closed meeting in closed
Markets Within 30 Days Following rule change.10 On June 1, 2018, the session.
Each Business Combination Exchange withdrew the proposed rule The subject matters of the closed
change (SR–NASDAQ–2017–087). meeting will be:
June 5, 2018. For the Commission, by the Division of Institution and settlement of
On September 20, 2017, The Trading and Markets, pursuant to delegated injunctive actions;
NASDAQ Stock Market LLC (‘‘Nasdaq’’ authority.11 Institution and settlement of
or ‘‘Exchange’’) filed with the Securities Eduardo A. Aleman, administrative proceedings; and
and Exchange Commission Assistant Secretary. Other matters relating to enforcement
(‘‘Commission’’), pursuant to Section [FR Doc. 2018–12431 Filed 6–8–18; 8:45 am] proceedings.
19(b)(1) of the Securities Exchange Act BILLING CODE 8011–01–P At times, changes in Commission
of 1934 (‘‘Act’’) 1 and Rule 19b–4 priorities require alterations in the
thereunder,2 a proposed rule change to scheduling of meeting items.
modify the listing requirements for SECURITIES AND EXCHANGE CONTACT PERSON FOR MORE INFORMATION:
securities of Special Purpose COMMISSION For further information and to ascertain
Acquisition Companies (‘‘SPACs’’) what, if any, matters have been added,
listed on the Nasdaq Capital Market by Sunshine Act Meetings deleted or postponed; please contact
reducing the number of round lot Brent J. Fields from the Office of the
holders required for initial listing from TIME AND DATE:12:00 p.m. on
Wednesday, June 13, 2018. Secretary at (202) 551–5400.
300 to 150, and eliminating the
continued listing requirement for a PLACE: SEC’s Atlanta Regional Office, Dated: June 6, 2018.
minimum number of holders, which is Multipurpose Room 1061. Brent J. Fields,
also currently 300, that applies until the Secretary.
6 See Letters to Brent J. Fields, Secretary,
SPAC completes one or more business [FR Doc. 2018–12547 Filed 6–7–18; 11:15 am]
Commission, from Jeffrey M. Solomon, Chief
combinations.3 Nasdaq also proposed to Executive Officer, Cowen and Company, LLC, dated BILLING CODE 8011–01–P
require that a SPAC maintain at least $5 October 19, 2017 (‘‘Cowen Letter’’); Jeffrey P.
million net tangible assets for initial and Mahoney, General Counsel, Council of Institutional
continued listing of its securities on the Investors, dated October 25, 2017 (‘‘CII Letter’’); SECURITIES AND EXCHANGE
Sean Davy, Managing Director, Capital Markets
Nasdaq Capital Market. Finally, Nasdaq Division, SIFMA, dated October 31, 2017 (‘‘SIFMA COMMISSION
proposed to allow SPACs listed on any Letter’’); Akin Gump Strauss Hauer & Feld LLP, [Release Nos. 33–10505; 34–83379; IC–
of its three listing tiers (Nasdaq Global dated November 1, 2017 (‘‘Akin Gump Letter’’);
Steven Levine, Chief Executive Officer, 33114; File No. S7–13–18]
Select Market, Nasdaq Global Market, EarlyBirdCapital, Inc., dated November 3, 2017
and Nasdaq Capital Market) 30 days to (‘‘EarlyBird Letter’’); and Christian O. Nagler and Request for Comments on the
demonstrate compliance with initial David A. Curtiss, Kirkland & Ellis LLP, dated Processing Fees Charged by
listing requirements following each November 9, 2017 (‘‘Kirkland Letter’’).
7 See Securities Exchange Act Release No. 82142
Intermediaries for Distributing
business combination.4 (November 22, 2017), 82 FR 56293 (November 28, Materials Other Than Proxy Materials
The proposed rule change was 2017). To Fund Investors
published for comment in the Federal 8 See Securities Exchange Act Release No. 82478

Register on October 11, 2017.5 In (January 9, 2018), 83 FR 2278 (January 16, 2018). AGENCY: Securities and Exchange
9 See Letters to Brent J. Fields, Secretary, Commission.
1 15
Commission, from Jeffrey P. Mahoney, General ACTION: Request for comment.
U.S.C. 78s(b)(1).
Counsel, Council of Institutional Investors, dated
2 17 CFR 240.19b–4.
daltland on DSKBBV9HB2PROD with NOTICES

January 25, 2018 (‘‘CII Letter II’’); Paul D. Tropp,
3 See Nasdaq Rule IM–5101–2(b).
Freshfields Bruckhaus Deringer US LLP, dated SUMMARY: The Securities and Exchange
4 The Exchange also proposed to delete a January 30, 2018 (‘‘Freshfields Letter’’); and Arnold Commission is seeking public comment
duplicative paragraph from the rule text and alter Golub, Deputy General Counsel, Nasdaq, dated on the framework under which
the paragraph’s formatting within certain provisions February 23, 2018 (‘‘Nasdaq Response Letter’’ or
‘‘Response Letter’’).
intermediaries may charge fees for
in order to enhance the rule’s readability.
5 See Securities Exchange Act Release No. 81816 10 See Securities Exchange Act Release No. 83010 distributing certain non-proxy
(October 4, 2017), 82 FR 47269 (October 11, 2017) (April 6, 2018), 83 FR 15880 (April 12, 2018). disclosure materials to fund investors,
(‘‘Notice’’). 11 17 CFR 200.30–3(a)(12). such as shareholder reports and

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Document Created: 2018-11-02 11:58:38
Document Modified: 2018-11-02 11:58:38

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		12:00 p.m. on Wednesday, June 13, 2018.
FR Citation		83 FR 27055