Notice2022-03645

Thrivent 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 22, 2022

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 87 Issue 35 (Tuesday, February 22, 2022)</title>
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[Federal Register Volume 87, Number 35 (Tuesday, February 22, 2022)]
[Notices]
[Pages 9658-9659]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03645]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34507; File No. 812-15288 ]


Thrivent ETF Trust, et al.

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), 22(d) and 22(e) 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) The Funds (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; (c) certain Funds to pay 
redemption proceeds, under certain circumstances, more than seven days 
after the tender of Shares for redemption; and (d) certain affiliated 
persons of a Fund to deposit securities into, and receive securities 
from, the Fund 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\ Natixis ETF Trust II, et al., Investment Company Act Rel. 
Nos. 33684 (November 14, 2019) (notice) and 33711 (December 10, 
2019) (order).

Applicants: Thrivent ETF Trust, Thrivent Distributors, LLC, and 
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Thrivent Asset Management, LLC.

Filing Dates: The application was filed on December 7, 2021, and 
amended on January 25, 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#0f5c6a6c7d6a7b6e7d767c22406969666c6a4f7c6a6c21686079"><span class="__cf_email__" data-cfemail="fcaf999f8e99889d8e858fd1b39a9a959f99bc8f999fd29b938a">[email&#160;protected]</span></a> and serving 
applicants with a copy of the request by 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 14, 
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#e0b3858392859481929993cdaf8686898385a0938583ce878f96"><span class="__cf_email__" data-cfemail="693a0c0a1b0c1d081b101a44260f0f000a0c291a0c0a470e061f">[email&#160;protected]</span></a>. Applicants: John 
D. Jackson, Thrivent ETF Trust, <a href="/cdn-cgi/l/email-protection#472d263e692d26242c34282907332f352e312229336924282a"><span class="__cf_email__" data-cfemail="7b111a0255111a18100814153b0f1309120d1e150f55181416">[email&#160;protected]</span></a>; Brian McCabe, 
ESQ, Ropes & Gray LLP, <a href="/cdn-cgi/l/email-protection#31534358505f1f5c525250535471435e415442564350481f525e5c"><span class="__cf_email__" data-cfemail="70120219111e5e1d131311121530021f001503170211095e131f1d">[email&#160;protected]</span></a>; Jeremy Smith, ESQ, 
<a href="/cdn-cgi/l/email-protection#452f203720283c6b36282c312d05372a3520362237243c6b262a28"><span class="__cf_email__" data-cfemail="c8a2adbaada5b1e6bba5a1bca088baa7b8adbbafbaa9b1e6aba7a5">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Lisa Reid Ragen, 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 and 
restated application, dated January 25, 2021, which may be obtained via 
the Commission's website by searching for the file number at the top of 
this document, or for an Applicant using the Company name search field, 
on the SEC's EDGAR system. The SEC's EDGAR system may be searched at 
<a href="https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html">https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html</a>. You 
may also call the SEC's Public Reference Room at (202) 551-8090.
    For the Commission, by the Division of Investment Management, under 
delegated authority.


[[Page 9659]]


    Dated: February 15, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03645 Filed 2-18-22; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on February 22, 2022.

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