Notice2023-08754
Two Roads Shared Trust and Hypatia Capital Management LLC
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
April 26, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 80 (Wednesday, April 26, 2023)</title>
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[Federal Register Volume 88, Number 80 (Wednesday, April 26, 2023)]
[Notices]
[Pages 25438-25439]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-08754]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 34892; 812-15428]
Two Roads Shared Trust and Hypatia Capital Management LLC
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice.
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Notice of an application under section 6(c) of the Investment
Company Act of 1940 (``Act'') for an exemption from section 15(a) of
the Act, as well as from certain disclosure requirements in rule 20a-1
under the Act, Item 19(a)(3) of Form N-1A, Items 22(c)(1)(ii),
22(c)(1)(iii), 22(c)(8) and 22(c)(9) of Schedule 14A under the
Securities Exchange Act of 1934, and sections 6-
[[Page 25439]]
07(2)(a), (b), and (c) of Regulation S-X (``Disclosure Requirements'').
Summary of Application: The requested exemption would permit
Applicants to enter into and materially amend subadvisory agreements
with subadvisers without shareholder approval and would grant relief
from the Disclosure Requirements as they relate to fees paid to the
subadvisers.
Applicants: Two Roads Shared Trust and Hypatia Capital Management LLC.
Filing Dates: The application was filed on January 24, 2023 and
amendments on March 21, 2023 and April 14, 2023.
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 SEC's Secretary at <a href="/cdn-cgi/l/email-protection#4211272130273623303b316f0d24242b2127023127216c252d34"><span class="__cf_email__" data-cfemail="d487b1b7a6b1a0b5a6ada7f99bb2b2bdb7b194a7b1b7fab3bba2">[email protected]</span></a> and serving the
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 May 15,
2023, and should be accompanied by proof of service on the 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#1447717766716075666d67395b72727d7771546771773a737b62"><span class="__cf_email__" data-cfemail="a8fbcdcbdacddcc9dad1db85e7cecec1cbcde8dbcdcb86cfc7de">[email protected]</span></a>. Applicants: Stacy
H. Louizos, <a href="/cdn-cgi/l/email-protection#03707762607a2d6f6c766a796c7043616f626d68716c6e662d606c6e"><span class="__cf_email__" data-cfemail="f88b8c999b81d694978d9182978bb89a949996938a97959dd69b9795">[email protected]</span></a> and Timothy Burdick,
<a href="/cdn-cgi/l/email-protection#fc889e898e98959f97bc8990889591898f9a8992988f939089889593928fd29f9391"><span class="__cf_email__" data-cfemail="9eeafcebecfaf7fdf5deebf2eaf7f3ebedf8ebf0faedf1f2ebeaf7f1f0edb0fdf1f3">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special
Counsel, 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 April 14, 2023, 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.
Dated: April 20, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-08754 Filed 4-25-23; 8:45 am]
BILLING CODE 8011-01-P
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