Notice2022-03153
DoubleLine ETF Trust, et al.
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 15, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 31 (Tuesday, February 15, 2022)</title>
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[Federal Register Volume 87, Number 31 (Tuesday, February 15, 2022)]
[Notices]
[Pages 8620-8621]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03153]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 34499; 812-15273]
DoubleLine ETF Trust, et al.
February 9, 2022.
AGENCY: Securities and Exchange Commission (``Commission'').
ACTION: Notice.
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Notice of an application under section 6(c) of the Investment
Company Act of 1940 (the ``Act'') for an exemption from sections
2(a)(32), 5(a)(1) and 22(d) of the Act and rule 22c-1 under the Act and
under sections 6(c) and 17(b) of the Act for an exemption from sections
17(a)(1) and 17(a)(2) of the Act.
Summary of Application: Applicants request an order (``Order'') that
permits: (a) ActiveShares ETFs (as described in the Reference Order (as
defined below)) to issue shares (``Shares'') redeemable in large
aggregations only (``creation units''); (b) secondary market
transactions in Shares to occur at negotiated market prices rather than
at net asset value; and (c) certain affiliated persons of an
ActiveShares ETF to deposit securities into, and receive securities
from, the ActiveShares ETF in connection with the purchase and
redemption of creation units. The relief in the Order would incorporate
by reference terms and conditions of the same relief of a previous
order granting the same relief sought by applicants, as that order may
be amended from time to time (``Reference Order'').\1\
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\1\ Precidian ETFs Trust, et al., Investment Company Act Rel.
Nos. 33440 (April 8, 2019) (notice) and 33477 (May 20, 2019)
(order).
Applicants: DoubleLine ETF Trust, DoubleLine ETF Adviser LP and
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Foreside Fund Services, LLC.
Filing Dates: The application was filed on October 15, 2021, and
amended on December 30, 2021, January 31, 2022 and February 2, 2022.
Hearing or Notification of Hearing: An order granting the requested
relief will be issued unless the Commission orders a hearing.
Interested persons may request a hearing on any application by emailing
the Commission's Secretary at <a href="/cdn-cgi/l/email-protection#a5f6c0c6d7c0d1c4d7dcd688eac3c3ccc6c0e5d6c0c68bc2cad3"><span class="__cf_email__" data-cfemail="4615232534233227343f356b0920202f25230635232568212930">[email protected]</span></a> and serving
applicants with a copy of the request by
[[Page 8621]]
email, if an email address is listed for the relevant applicant below,
or personally or by mail, if a physical address is listed for the
relevant applicant below. Hearing requests should be received by the
Commission by 5:30 p.m. on March 7, 2022, 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 emailing the
Commission's Secretary.
ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#782b1d1b0a1d0c190a010b55371e1e111b1d380b1d1b561f170e"><span class="__cf_email__" data-cfemail="085b6d6b7a6d7c697a717b25476e6e616b6d487b6d6b266f677e">[email protected]</span></a>. Applicants: John
J. O'Brien, Morgan Lewis & Bockius LLP, <a href="/cdn-cgi/l/email-protection#1f7570777131707d6d767a715f72706d787e71737a68766c317c7072"><span class="__cf_email__" data-cfemail="117b7e797f3f7e736378747f517c7e6376707f7d746678623f727e7c">[email protected]</span></a>;
Earl A. Lariscy, DoubleLine ETF Trust, <a href="/cdn-cgi/l/email-protection#c5a0a4b7a9eba9a4b7acb6a6bc85a1aab0a7a9a0a9acaba0eba6aaa8"><span class="__cf_email__" data-cfemail="583d392a347634392a312b3b21183c372d3a343d3431363d763b3735">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Christopher D. Carlson, Senior
Counsel, or Trace W. Rakestraw, Branch Chief, at (202) 551-6825
(Division of Investment Management, Chief Counsel's Office).
SUPPLEMENTARY INFORMATION: For applicants' representations, legal
analysis, and conditions, please refer to applicants' amended
application, dated February 2, 2022, which may be obtained via the
Commission's website by searching for the file number, using the
Company name box, at <a href="http://www.sec.gov/search/search.htm">http://www.sec.gov/search/search.htm</a>, or by
calling (202) 551-8090.
For the Commission, by the Division of Investment Management,
under delegated authority.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03153 Filed 2-14-22; 8:45 am]
BILLING CODE 8011-01-P
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