83 FR 63549 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 236 (December 10, 2018)

Page Range		63549-63549
FR Document		2018-26738

Federal Register, Volume 83 Issue 236 (Monday, December 10, 2018)

[Federal Register Volume 83, Number 236 (Monday, December 10, 2018)]
[Notices]
[Page 63549]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-26738]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE:  Notice is hereby given, pursuant to the provisions of 
the Government in the Sunshine Act, Public Law 94-409, that the 
Commission will host the SEC Government-Business Forum on Small 
Business Capital Formation on Wednesday, December 12, 2018, beginning 
at 9:00 a.m. Eastern Time.

PLACE:  The forum will be held at the Fawcett Center on the campus of 
The Ohio State University, 2400 Olentangy River Road, Columbus, Ohio 
43210.

STATUS:  This meeting will be open to the public. The meeting will be 
webcast on the Commission's website at www.sec.gov.

MATTERS TO BE CONSIDERED:  The forum will include remarks by SEC 
Commissioners and two morning panel discussions that Commissioners will 
attend. The panel discussions will explore how capital formation 
options are working for small businesses, such as those in the Midwest, 
and capital formation and diversity. This Sunshine Act notice is being 
issued because a majority of the Commission may attend the meeting.

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: December 4, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-26738 Filed 12-6-18; 11:15 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 236 / Monday, December 10, 2018 / Notices 63549

distributor to recover distribution costs. from or less advantageous than that of Dated: December 4, 2018.
Applicants represent that any EWC other participants. Brent J. Fields,
imposed by the Funds will comply with Secretary.
Applicants’ Condition
rule 6c–10 under the Act as if the rule [FR Doc. 2018–26738 Filed 12–6–18; 11:15 am]
were applicable to closed–end funds. Applicants agree that any order BILLING CODE 8011–01–P
Applicants further represent that each granting the requested relief will be
Fund will disclose EWCs in accordance subject to the following condition:
with the requirements of Form N–1A Each Fund relying on the order will SECURITIES AND EXCHANGE
concerning CDSLs as if the Fund were comply with the provisions of rules 6c– COMMISSION
an open-end investment company. 10, 12b–1, 17d–3, 18f–3, 22d–1, and,
where applicable, 11a–3 under the Act, [Release No. 34–84714; File No. SR–IEX–
Asset-Based Distribution and/or Service as amended from time to time, as if 2018–22]
Fees those rules applied to closed–end Self-Regulatory Organizations;
1. Section 17(d) of the Act and rule management investment companies, Investors Exchange LLC; Notice of
17d–1 under the Act prohibit an and will comply with the FINRA Sales Filing and Immediate Effectiveness of
affiliated person of a registered Charge Rule, as amended from time to Proposed Rule Change To Conform
investment company, or an affiliated time, as if that rule applied to all IEX Rule 5.160 to FinCEN’s Final Rule
person of such person, acting as closed–end management investment on Customer Due Diligence
principal, from participating in or companies. Requirements for Financial Institutions
effecting any transaction in connection For the Commission, by the Division of
with any joint enterprise or joint Investment Management, under delegated December 3, 2018.
arrangement in which the investment authority. Pursuant to Section 19(b)(1) 1 of the
company participates unless the Eduardo A. Aleman, Securities Exchange Act of 1934 2 and
Commission issues an order permitting Assistant Secretary. Rule 19b–4 thereunder,3 notice is
the transaction. In reviewing [FR Doc. 2018–26668 Filed 12–7–18; 8:45 am] hereby given that, on November 20,
applications submitted under section BILLING CODE 8011–01–P
2018, the Investors Exchange LLC
17(d) and rule 17d–1, the Commission (‘‘IEX’’ or ‘‘Exchange’’) filed with the
considers whether the participation of Securities and Exchange Commission
the investment company in a joint SECURITIES AND EXCHANGE (‘‘Commission’’) the proposed rule
enterprise or joint arrangement is COMMISSION change as described in Items I, II, and
consistent with the provisions, policies III below, which Items have been
and purposes of the Act, and the extent Sunshine Act Meetings prepared by the Exchange. The
to which the participation is on a basis Commission is publishing this notice to
different from or less advantageous than TIME AND DATE: Notice is hereby given, solicit comments on the proposed rule
that of other participants. pursuant to the provisions of the change from interested persons.
Government in the Sunshine Act, Public
2. Rule 17d–3 under the Act provides I. Self-Regulatory Organization’s
Law 94–409, that the Commission will
an exemption from section 17(d) and Statement of the Terms of Substance of
host the SEC Government-Business
rule 17d–1 to permit open-end the Proposed Rule Change
Forum on Small Business Capital
investment companies to enter into
Formation on Wednesday, December 12, Pursuant to the provisions of Section
distribution arrangements pursuant to
2018, beginning at 9:00 a.m. Eastern 19(b)(1) under the Securities Exchange
rule 12b–1 under the Act. Applicants
Time. Act of 1934 (‘‘Act’’),4 and Rule 19b–4
request an order under section 17(d) and
rule 17d–1 under the Act to the extent PLACE: The forum will be held at the thereunder,5 IEX is filing with the
necessary to permit the Funds to impose Fawcett Center on the campus of The Commission a proposed rule change to
asset-based distribution and/or service Ohio State University, 2400 Olentangy amend IEX Rule 5.160 (Anti-Money
fees. Applicants represent that the River Road, Columbus, Ohio 43210. Laundering Compliance Program) to
Funds will comply with rules 12b–1 STATUS: This meeting will be open to reflect the Financial Crimes
and 17d–3 as if those rules applied to the public. The meeting will be webcast Enforcement Network’s (‘‘FinCEN’’)
closed–end investment companies. on the Commission’s website at adoption of a final rule on Customer
www.sec.gov. Due Diligence Requirements for
3. For the reasons stated above,
MATTERS TO BE CONSIDERED: The forum
Financial Institutions (‘‘CDD Rule’’).
applicants submit that the exemptions
will include remarks by SEC Specifically, the proposed amendments
requested are necessary and appropriate
Commissioners and two morning panel would conform IEX Rule 5.160 to the
in the public interest and are consistent
discussions that Commissioners will CDD Rule’s amendments to the
with the protection of investors and the
attend. The panel discussions will minimum regulatory requirements for
purposes fairly intended by the policy
explore how capital formation options Member’ anti-money laundering
and provisions of the Act. Applicants
are working for small businesses, such (‘‘AML’’) compliance programs by
further submit that the relief requested
as those in the Midwest, and capital requiring such programs to include risk-
pursuant to section 23(c)(3) will be
formation and diversity. This Sunshine based procedures for conducting
consistent with the protection of
Act notice is being issued because a ongoing customer due diligence. This
investors and will insure that applicants
majority of the Commission may attend ongoing customer due diligence element
do not unfairly discriminate against any
the meeting. for AML programs includes: (1)
holders of the class of securities to be
Understanding the nature and purpose
purchased. Finally, applicants state that CONTACT PERSON FOR MORE INFORMATION:
the Funds’ imposition of asset-based For further information and to ascertain 1 15 U.S.C. 78s(b)(1).
distribution and/or service fees is what, if any, matters have been added, 2 15 U.S.C. 78a.
consistent with the provisions, policies deleted or postponed; please contact 3 17 CFR 240.19b–4.

and purposes of the Act and does not Brent J. Fields from the Office of the 4 15 U.S.C. 78s(b)(1).

involve participation on a basis different Secretary at (202) 551–5400. 5 17 CRF 240.19b–4.

VerDate Sep<11>2014 17:10 Dec 07, 2018 Jkt 247001 PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 E:\FR\FM\10DEN1.SGM 10DEN1

Document Created: 2018-12-08 00:21:36
Document Modified: 2018-12-08 00:21:36

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		Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94-409, that the Commission will host the SEC Government-Business Forum on Small Business Capital Formation on Wednesday, December 12, 2018, beginning at 9:00 a.m. Eastern Time.
FR Citation		83 FR 63549