83 FR 7828 - Public Availability of Social Security Administration Fiscal Year (FY) 2016 Service Contract Inventory
SOCIAL SECURITY ADMINISTRATION Federal Register Volume 83, Issue 36 (February 22, 2018)
Federal Register Volume 83, Issue 36 (February 22, 2018)
| Page Range | 7828-7828 | |
| FR Document | 2018-03650 |
[Federal Register Volume 83, Number 36 (Thursday, February 22, 2018)] [Notices] [Page 7828] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-03650] ======================================================================= ----------------------------------------------------------------------- SOCIAL SECURITY ADMINISTRATION [Docket No. SSA-2018-0006] Public Availability of Social Security Administration Fiscal Year (FY) 2016 Service Contract Inventory AGENCY: Social Security Administration. ACTION: Notice of public availability of FY 2016 Service Contract Inventories. ----------------------------------------------------------------------- SUMMARY: In accordance with section 743 of Division C of the Consolidated Appropriations Act of 2010, we are publishing this notice to advise the public of the availability of the FY 2016 Service Contract inventory. This inventory provides information on FY 2016 service contract actions over $25,000. We organized the information by function to show how we distribute contracted resources throughout the agency. We developed the inventory in accordance with guidance issued on December 19, 2011 by the Office of Management and Budget's Office of Federal Procurement Policy (OFPP). OFPP's guidance is available at https://obamawhitehouse.archives.gov/sites/default/files/omb/procurement/memo/service-contract-inventory-guidance.pdf. You can access the inventory and summary of the inventory on our homepage at the following link: http://www.socialsecurity.gov/sci. FOR FURTHER INFORMATION CONTACT: Steven Knight Jr., Office of Budget, Social Security Administration, 6401 Security Boulevard, Baltimore, MD 21235-6401. Phone (410) 965-5522, email [email protected]. Dated: February 14, 2018. Michelle King, Acting Deputy Commissioner for Budget, Finance, Quality, and Management. [FR Doc. 2018-03650 Filed 2-21-18; 8:45 am] BILLING CODE 4191-02-P
![7828 Federal Register / Vol. 83, No. 36 / Thursday, February 22, 2018 / Notices
6825 (Division of Investment transactions will be consistent with the intended by the policy and provisions of
Management, Chief Counsel’s Office). policies of each Fund of Funds and each the Act.
SUPPLEMENTARY INFORMATION: The Underlying Fund and with the general For the Commission, by the Division of
following is a summary of the purposes of the Act and will be based Investment Management, pursuant to
application. The complete application on the net asset values of the delegated authority.
may be obtained via the Commission’s Underlying Funds.
Eduardo A. Aleman,
website by searching for the file 2. Applicants agree that any order
number, or for an applicant using the Assistant Secretary.
granting the requested relief will be
Company name box, at http:// [FR Doc. 2018–03570 Filed 2–21–18; 8:45 am]
subject to the terms and conditions
www.sec.gov/search/search.htm, or by stated in the application. Such terms BILLING CODE 8011–01–P
calling (202) 551–8090. and conditions are designed to, among
Summary of the Application other things, help prevent any potential
(i) undue influence over an Underlying
1. Applicants request an order to SOCIAL SECURITY ADMINISTRATION
permit (a) a Fund 1 (each a ‘‘Fund of Fund that is not in the same ‘‘group of
Funds’’) to acquire shares of Underlying investment companies’’ as the Fund of
Funds through control or voting power, [Docket No. SSA–2018–0006]
Funds 2 in excess of the limits in
sections 12(d)(1)(A) and (C) of the Act or in connection with certain services,
transactions, and underwritings, (ii) Public Availability of Social Security
and (b) the Underlying Funds that are Administration Fiscal Year (FY) 2016
registered open-end investment excessive layering of fees, and (iii)
overly complex fund structures, which Service Contract Inventory
companies or series thereof, their
principal underwriters and any broker are the concerns underlying the limits
in sections 12(d)(1)(A), (B), and (C) of AGENCY: Social Security Administration.
or dealer registered under the Securities
Exchange Act of 1934 to sell shares of the Act. ACTION:Notice of public availability of
the Underlying Fund to the Fund of 3. Section 12(d)(1)(J) of the Act FY 2016 Service Contract Inventories.
Funds in excess of the limits in section provides that the Commission may
12(d)(1)(B) of the Act.3 Applicants also exempt any person, security, or SUMMARY: In accordance with section
request an order of exemption under transaction, or any class or classes of 743 of Division C of the Consolidated
sections 6(c) and 17(b) of the Act from persons, securities, or transactions, from Appropriations Act of 2010, we are
the prohibition on certain affiliated any provision of section 12(d)(1) if the publishing this notice to advise the
transactions in section 17(a) of the Act exemption is consistent with the public public of the availability of the FY 2016
to the extent necessary to permit the interest and the protection of investors. Service Contract inventory. This
Underlying Funds to sell their shares to, Section 17(b) of the Act authorizes the inventory provides information on FY
and redeem their shares from, the Funds Commission to grant an order 2016 service contract actions over
of Funds.4 Applicants state that such permitting a transaction otherwise $25,000. We organized the information
prohibited by section 17(a) if it finds
by function to show how we distribute
1 Applicants request that the order apply to each that (a) the terms of the proposed
existing and future series of Morningstar Funds contracted resources throughout the
transaction are fair and reasonable and
Trust and to each existing and future registered agency. We developed the inventory in
open-end investment company or series thereof that
do not involve overreaching on the part
of any person concerned; (b) the accordance with guidance issued on
is advised by Morningstar Investment Management
LLC or its successor or by any other investment proposed transaction is consistent with December 19, 2011 by the Office of
adviser controlling, controlled by or under common the policies of each registered Management and Budget’s Office of
control with Morningstar Investment Management
investment company involved; and (c) Federal Procurement Policy (OFPP).
LLC or its successor and is part of the same ‘‘group
of investment companies’’ as Morningstar Funds the proposed transaction is consistent OFPP’s guidance is available at https://
Trust (each, a ‘‘Fund’’). For purposes of the with the general purposes of the Act. obamawhitehouse.archives.gov/sites/
requested order, ‘‘successor’’ is limited to an entity Section 6(c) of the Act permits the default/files/omb/procurement/memo/
that results from a reorganization into another service-contract-inventory-guidance.pdf.
jurisdiction or a change in the type of business
Commission to exempt any persons or
organization. For purposes of the request for relief, transactions from any provision of the You can access the inventory and
the term ‘‘group of investment companies’’ means Act if such exemption is necessary or summary of the inventory on our
any two or more registered investment companies, appropriate in the public interest and homepage at the following link: http://
including closed-end investment companies and
business development companies, that hold
consistent with the protection of www.socialsecurity.gov/sci.
themselves out to investors as related companies for investors and the purposes fairly
FOR FURTHER INFORMATION CONTACT:
purposes of investment and investor services.
2 Certain of the Underlying Funds have obtained Steven Knight Jr., Office of Budget,
person, or an affiliated person of an affiliated
exemptions from the Commission necessary to person, as defined in section 2(a)(3) of the 1940 Act, Social Security Administration, 6401
permit their shares to be listed and traded on a of a Fund of Funds to sell shares to or redeem Security Boulevard, Baltimore, MD
national securities exchange at negotiated prices shares from the Fund of Funds. This includes, in
and, accordingly, to operate as an exchange-traded
21235–6401. Phone (410) 965–5522,
the case of sales and redemptions of shares of ETFs,
fund (‘‘ETF’’). the in-kind transactions that accompany such sales email Steven.Knight.Jr@ssa.gov.
3 Applicants do not request relief for Funds of
and redemptions. The Applicants are not seeking Dated: February 14, 2018.
Funds to invest in reliance on the order in business relief from section 17(a) for, and the requested relief
development companies and registered closed-end will not apply to, transactions where an ETF, Michelle King,
investment companies that are not listed and traded business development company, or closed-end fund Acting Deputy Commissioner for Budget,
daltland on DSKBBV9HB2PROD with NOTICES
on a national securities exchange. could be deemed an affiliated person, or an
4 A Fund of Funds generally would purchase and
Finance, Quality, and Management.
affiliated person of an affiliated person, of a Fund
sell shares of an Underlying Fund that operates as of Funds because an investment adviser to the ETF, [FR Doc. 2018–03650 Filed 2–21–18; 8:45 am]
an ETF or closed-end fund through secondary business development company, or closed-end fund BILLING CODE 4191–02–P
market transactions rather than through principal or an entity controlling, controlled by or under
transactions with the Underlying Fund. Applicants common control with the investment adviser to the
nevertheless request relief from sections 17(a)(1) ETF, business development company, or closed-end
and (2) to permit each ETF or Unaffiliated Closed- fund, is also an investment adviser to the Fund of
End Investment Company that is an affiliated Funds.
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Document Created: 2018-02-22 02:51:08
Document Modified: 2018-02-22 02:51:08
| 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 | |
| Action | Notice of public availability of FY 2016 Service Contract Inventories. | |
| Contact | Steven Knight Jr., Office of Budget, Social Security Administration, 6401 Security Boulevard, Baltimore, MD 21235-6401. Phone (410) 965-5522, email [email protected] | |
| FR Citation | 83 FR 7828 |
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