Federal Register / Vol. 77, No. 41 / Thursday, March 1, 2012 / Notices 12629 

13 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release Nos. 65671 

(November 2, 2011), 76 FR 69774 (SR–NYSEAmex– 

2011–84); 65672 (November 2, 2011), 76 FR 69788 

(SR–NYSE–2011–55). 

4See Letters to the Commission from Sal Arnuk, 

Joe Saluzzi and Paul Zajac, Themis Trading LLC, 

dated October 17, 2011 (‘‘Themis Letter’’); Garret 

Cook, dated November 4, 2011 (‘‘Cook Letter’’); 

James Johannes, dated November 27, 2011 

(‘‘Johannes Letter’’); Ken Voorhies, dated November 

28, 2011 (‘‘Voorhies Letter’’); William Wuepper, 

dated November 28, 2011 (‘‘Wuepper Letter’’); A. 

Joseph, dated November 28, 2011 (‘‘Joseph Letter’’); 

Leonard Amoruso, General Counsel, Knight Capital, 

Inc., dated November 28, 2011 (‘‘Knight Letter’’); 

Kevin Basic, dated November 28, 2011 (‘‘Basic 

Letter’’); J. Fournier, dated November 28, 2011 

(Fournier Letter’’); Ullrich Fischer, CTO, PairCo, 

dated November 28, 2011 (‘‘PairCo Letter’’); James 

Angel, Associate Professor of Finance, McDonough 

School of Business, Georgetown University, dated 

November 28, 2011 (‘‘Angel Letter’’); Jordan Wollin, 

dated November 29, 2011 (‘‘Wollin Letter’’); Aaron 

Schafter, President, Great Mountain Capital 

Management LLC, dated November 29, 2011 (‘‘Great 

Mountain Capital Letter’’); Wayne Koch, Trader, 

Bright Trading, dated November 29, 2011 (‘‘Koch 

Letter’’); Kurt Schact, CFA, Managing Director, and 

James Allen, CFA, Head, Capital Markets Policy, 

CFA Institute, dated November 30, 2011 (‘‘CFA 

Letter’’); David Green, Bright Trading, dated 

November 30, 2011 (‘‘Green Letter’’); Robert Bright, 

Chief Executive Officer, and Dennis Dick, CFA, 

Market Structure Consultant, Bright Trading LLC, 

dated November 30, 2011 (‘‘Bright Trading Letter’’); 

Bodil Jelsness, dated November 30, 2011 (‘‘Jelsness 

Letter’’); Christopher Nagy, Managing Director, 

Order Routing and Market Data Strategy, TD 

Ameritrade, dated November 30, 2011 (‘‘TD 

Ameritrade Letter’’); Laura Kenney, dated 

November 30, 2011 (‘‘Kenney Letter’’); Suhas 

Daftuar, Hudson River Trading LLC, dated 

November 30, 2011 (‘‘Hudson River Trading 

Letter’’); Bosier Parsons, Bright Trading LLC, dated 

November 30, 2011 (‘‘Parsons Letter’’); Mike 

Stewart, Head of Global Equities, UBS, dated 

November 30, 2011 (‘‘UBS Letter’’); Dr. Larry Paden, 

Bright Trading, dated December 1, 2011 (‘‘Paden 

Letter’’); Thomas Dercks, dated December 1, 2011 

(‘‘Dercks Letter’’); Eric Swanson, Secretary, BATS 

Global Markets, Inc., dated December 6, 2011 

(‘‘BATS Letter’’); Ann Vlcek, Director and Associate 

General Counsel, Securities Industry and Financial 

Markets Association, dated December 7, 2011 

(‘‘SIFMA Letter’’); and Al Patten, dated December 

29, 2011 (‘‘Patten Letter’’). 

5See Knight Letter; CFA Letter; TD Ameritrade 

Letter; and letter to the Commission from Shannon 

Jennewein, dated November 30, 2011 (‘‘Jennewein 

Letter’’). 

6See Securities Exchange Act Release No. 66003, 

76 FR 80445 (December 23, 2011). 

7 17 CFR 242.612(c). 

necessary or appropriate in furtherance 

of the purposes of the Act. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period (i) 

as the Commission may designate up to 

90 days of such date if it finds such 

longer period to be appropriate and 

publishes its reasons for so finding or 

(ii) as to which the self-regulatory 

organization consents, the Commission 

will: 

(A) By order approve or disapprove 

the proposed rule change, or 

(B) Institute proceedings to determine 

whether the proposed rule change 

should be disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rulecomments@sec.gov. Please include File 

Number SR–NYSE–2012–06 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–NYSE–2012–06. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE., 

Washington, DC 20549–1090, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing will 

also be available for inspection and 

copying at the NYSE’s principal office 

and on its Internet Web site at 

www.nyse.com. All comments received 

will be posted without change; the 

Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File Number SR–NYSE– 

2012–06 and should be submitted on or 

before March 22, 2012. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–4911 Filed 2–29–12; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–66464; File Nos. SR–NYSE– 

2011–55; SR–NYSEAmex–2011–84] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; NYSE 

Amex LLC; Notice of Filing of Partial 

Amendment No. 2 to Proposed Rule 

Changes, as Modified by Amendment 

No. 1, Adopting New Rule 107C To 

Establish a Retail Liquidity Program on 

a Pilot Basis To Attract Additional 

Retail Order Flow to the Exchanges 

February 24, 2012. 

I. Introduction 

On October 19, 2011, New York Stock 

Exchange LLC (‘‘NYSE’’) and NYSE 

Amex LLC (‘‘NYSE Amex’’ and together 

with NYSE, the ‘‘Exchanges’’) each filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) pursuant 

to Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to establish a Retail Liquidity 

Program (‘‘Program’’) on a pilot basis for 

a period of one year from the date of 

implementation, if approved. The 

proposed rule changes were published 

for comment in the Federal Register on 

November 9, 2011.3 The Commission 

received 28 comments on the NYSE 

proposal 4 and 4 comments on the NYSE 

Amex proposal.5

On December 19, 2011, the 

Commission designated a longer period 

for Commission action on the proposed 

rule change, until February 7, 2012.6 In 

connection with the proposals, the 

Exchanges requested exemptive relief 

from Rule 612(c) of Regulation NMS,7

which prohibits a national securities 

exchange from accepting or ranking 

certain orders based on an increment 

smaller than the minimum pricing 

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12630 Federal Register / Vol. 77, No. 41 / Thursday, March 1, 2012 / Notices 

8The Exchanges amended the exemptive relief 

request on January 13, 2012. See Letter from Janet 

M. McGinness, Senior Vice President-Legal and 

Corporate Secretary, Office of the General Counsel, 

NYSE Euronext to Elizabeth M. Murphy, Secretary, 

Commission. 

9See Letter to the Commission from Janet 

McGinnis, Senior Vice President, Legal & Corporate 

Secretary, Legal & Government Affairs, NYSE 

Euronext, dated January 3, 2012 (‘‘Exchanges’ 

Response Letter’’). 

10 In Amendment No. 1, the Exchanges modified 

the proposals as follows: (1) To state that Retail 

Member Organizations may receive free executions 

for their retail orders and the fees and credits for 

liquidity providers and Retail Member 

Organizations would be determined based on 

experience with the Retail Liquidity Program in the 

first several months; (2) to correct a typographical 

error referring to the amount of minimum price 

improvement on a 500 share order; (3) to indicate 

the Retail Liquidity Identifier would be initially 

available on each Exchange’s proprietary data feeds, 

and would be later available on the public market 

data stream; and (4) to limit the Retail Liquidity 

Program to securities that trade at prices equal to 

or greater than $1 per share. 

11See Securities Exchange Act Release No. 34– 

66346, 77 FR 7628 (February 13, 2012) (‘‘Order 

Instituting Proceedings’’). 

12See id. 

13 In addition, the Exchanges propose to make 

conforming changes to the Form 19b–4 and Exhibit 

1 that they submitted in connection with the 

proposed rule changes. 

14As described in the Commission’s Order 

Instituting Proceedings, Retail Member 

Organizations are Exchange member organizations 

that conduct a retail business or handle retail orders 

on behalf of another broker-dealer, apply to the 

Exchanges to obtain the ‘‘Retail Member 

Organization’’ designation, and attest that the order 

flow they would provide under the Program would 

satisfy the ‘‘Retail Order’’ definition. 

15Under proposed Rule 107C(a)(4), the terms 

protected bid and protected offer would have the 

same meaning as defined in Rule 600(b)(57) of 

Regulation NMS. Rule 600(b)(57) of Regulation 

NMS defines ‘‘protected bid’’ and ‘‘protected offer’’ 

as ‘‘a quotation in an NMS stock that: (i) [i]s 

displayed by an automated trading center; (ii) [i]s 

disseminated pursuant to an effective national 

market system plan; and (iii) [i]s an automated 

quotation that is the best bid or best offer of a 

national securities exchange, the best bid or best 

offer of the Nasdaq Stock Market, Inc., or the best 

bid or best offer of a national securities association 

other than the best bid or best offer of the Nasdaq 

Stock Market, Inc.’’ 17 CFR 242.600(b)(57). 

increment.8 The Exchanges submitted a 

consolidated response letter on January 

3, 2012.9 On January 17, 2012, each 

Exchange filed Amendment No. 1 to its 

proposal.10 On February 7, 2012, the 

Commission instituted proceedings to 

determine whether to disapprove the 

proposed rule changes, as modified by 

Amendment No. 1.11 The comment 

period for the Commission’s Order 

Instituting Proceedings is set to expire 

on March 5, 2012, and the Exchanges’ 

rebuttal period is scheduled to close on 

March 19, 2012.12 On February 16, 

2012, the Exchanges filed Partial 

Amendment No. 2 to the proposed rule 

changes. 

The Commission is publishing this 

notice to solicit comments on the 

proposed rule changes, as modified by 

Amendment No. 2, from interested 

persons. 

II. Description of the Partial 

Amendment No. 2 

In Amendment No. 2, the Exchanges 

propose to make three changes to 

proposed Rule 107C, which establishes 

the Retail Liquidity Provider program: 

(1) Limit the definition of ‘‘Retail 

Order’’; (2) modify the definition of the 

Retail Liquidity Identifier; and (3) 

clarify the treatment of odd lots, round 

lots, and part of a round lot orders.13

First, the Exchanges propose to 

amend proposed Rule 107C(a)(3) to 

remove from the definition of ‘‘Retail 

Order’’ proprietary orders of Retail 

Member Organizations 14 that result 

from liquidating a position acquired 

from the internalization of orders that 

otherwise meet the definition of ‘‘Retail 

Order.’’ As amended, the definition of 

‘‘Retail Order’’ thus would be limited to 

‘‘an agency order that originates from a 

natural person and is submitted to the 

Exchange by an RMO, provided that no 

change is made to the terms of the order 

with respect to price or side of market 

and the order does not originate from a 

trading algorithm or any other 

computerized methodology.’’ 

Second, the Exchanges would add 

language to the definitions of ‘‘Retail 

Order’’ and ‘‘Retail Price Improvement 

Order’’ (‘‘RPI’’) in proposed Rules 

107C(a)(3) and 107C(a)(4), respectively, 

to clarify that both may include odd lot, 

round lot, and part of round lot orders. 

The Exchanges explain further in the 

Amendment that RPIs would be ranked 

and allocated according to price and 

time of entry into the Exchange systems 

consistent with Exchange Rule 55, 61, 

and 72, and therefore without regard to 

whether the size entered is an odd lot, 

round lot, or part of round lot amount. 

Similarly, the Exchanges explain that 

Retail Orders would interact with RPIs 

according to the priority and allocation 

rules of the Program and without regard 

to whether they are odd lots, round lots, 

or parts of round lots. According to the 

Amendment, Retail Orders may be 

designated as Type 1, Type 2, or Type 

3 under proposed Rule 107C(k) without 

regard to the size of the order. However, 

the Exchanges note that, pursuant to the 

rules of the Consolidated Tape 

Association, executions less than a 

round lot will not print to the tape or 

be considered the last sale. 

Third, the Exchanges would amend 

proposed Rule 107C(j) to add to the 

definition of Retail Liquidity Identifier 

that the identifier shall reflect the 

symbol for the particular security and 

the side (buy or sell) of the RPI interest, 

but shall not include the price or size of 

the RPI interest. The previously 

proposed definition of the Retail 

Liquidity Identifier did not contain 

these details. Rather, it said only that an 

identifier shall be disseminated through 

proprietary data feeds or as appropriate 

through the Consolidation Quote 

System when RPI interest priced at least 

$0.001 better than the best protected bid 

or best protected offer 15 for a particular 

security is available in Exchange 

systems. 

III. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

changes, as modified by Amendment 

No. 2, are consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rulecomments@sec.gov. Please include File 

Number SR–NYSE–2011–55 or 

NYSEAmex–2011–84 on the subject 

line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–NYSE–2011–55 or 

NYSEAmex–2011–84. This file number 

should be included on the subject line 

if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

changes that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule changes between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE., 

Washington, DC 20549, on official 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 77, No. 41 / Thursday, March 1, 2012 / Notices 12631 

16 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 66098 

(January 4, 2012), 77 FR 1526 (‘‘Notice’’). 

4Commentary .02 to NYSE Arca Equities Rule 

8.200 applies to Trust Issued Receipts that invest 

in ‘‘Financial Instruments.’’ The term ‘‘Financial 

Instruments,’’ as defined in Commentary .02(b)(4) to 

NYSE Arca Equities Rule 8.200, means any 

combination of investments, including cash; 

securities; options on securities and indices; futures 

contracts; options on futures contracts; forward 

contracts; equity caps, collars and floors; and swap 

agreements. 

5See Amendment No. 1 to Form S–1 for the 

Trust, dated December 5, 2011 (File No. 333– 

173691) relating to the Fund (‘‘Registration 

Statement’’). 

6Additional information regarding the 

Underlying Funds is included in the Commission 

orders approving the listing and trading of the 

Underlying Funds and in their corresponding 

registration statements. See Securities Exchange Act 

Release Nos. 62213 (June 3, 2010), 75 FR 32828 

(June 9, 2010) (SR–NYSEArca–2010–22) (order 

approving listing on the Exchange of Teucrium 

Corn Fund); 65344 (September 15, 2011), 76 FR 

58549 (September 21, 2011) (SR–NYSEArca–2011– 

48) (order approving listing on the Exchange of the 

Teucrium Wheat Fund, Teucrium Soybean Fund, 

and Teucrium Sugar Fund). See also Amendment 

No. 4 to the Registration Statement on Form S–1 for 

Teucrium Commodity Trust, dated May 26, 2010 

(File No. 333–162033) relating to the Teucrium 

Corn Fund; Amendment No. 3 to Form S–1 for 

Teucrium Commodity Trust, dated June 3, 2011 

(File No. 333–167591) relating to the Teucrium 

Wheat Fund; Amendment No. 3 to Form S–1 for 

Teucrium Commodity Trust, dated June 3, 2011 

(File No. 333–167590) relating to the Teucrium 

Soybean Fund; and Amendment No. 3 to Form 

S–1 for Teucrium Commodity Trust, dated June 3, 

2011 (File No. 333–167585) relating to the 

Teucrium Sugar Fund. 

7The term ‘‘under normal market conditions’’ 

includes, but is not limited to, the absence of 

extreme volatility or trading halts in the commodity 

markets or the financial markets generally; 

operational issues causing dissemination of 

inaccurate market information; or force majeure 

type events such as systems failure, natural or manmade disaster, act of God, armed conflict, act of 

terrorism, riot or labor disruption or any similar 

intervening circumstance. 

8This weighted average is referred to herein as 

the Underlying Fund’s ‘‘Benchmark,’’ the Futures 

Contracts that at any given time make up an 

Underlying Fund’s Benchmark are referred to 

herein as the Underlying Fund’s ‘‘Benchmark 

Component Futures Contracts,’’ and the commodity 

specified in the Underlying Fund’s name is referred 

to herein as its ‘‘Specified Commodity.’’ 

business days between the hours of 

10 a.m. and 3 p.m. Copies of the filing 

also will be available for inspection and 

copying at principal office of the 

Exchange. All comments received will 

be posted without change; the 

Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

publicly available. All submissions 

should refer to File Number SR–NYSE– 

2011–55 or SR–NYSEAmex–2011–84 

and should be submitted on or before 

March 22, 2012. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.16

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–4913 Filed 2–29–12; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–66466; File No. 

SR–NYSEArca–2011–97] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Order Granting Approval of 

Proposed Rule Change Relating to 

Listing and Trading of Shares of the 

Teucrium Agriculture Fund Under 

NYSE Arca Equities Rule 8.200 

February 24, 2012. 

I. Introduction 

On December 20, 2011, NYSE Arca, 

Inc. (‘‘Exchange’’ or ‘‘NYSE Arca’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

to Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to list and trade shares of the 

Teucrium Agriculture Fund under 

Commentary .02 to NYSE Arca Equities 

Rule 8.200. The proposed rule change 

was published for comment in the 

Federal Register on January 10, 2012.3

The Commission received no comments 

on the proposal. This order grants 

approval of the proposed rule change. 

II. Description of the Proposed Rule 

Change 

The Exchange proposes to list and 

trade shares (‘‘Shares’’) of the Teucrium 

Agriculture Fund (‘‘Fund’’) pursuant to 

NYSE Arca Equities Rule 8.200, 

Commentary .02, which permits the 

trading of Trust Issued Receipts either 

by listing or pursuant to unlisted trading 

privileges.4 The Fund is a commodity 

pool that is a series of the Teucrium 

Commodity Trust (‘‘Trust’’), a Delaware 

statutory trust.5 The Fund is managed 

and controlled by Teucrium Trading, 

LLC (‘‘Sponsor’’), which is a Delaware 

limited liability company that is 

registered as a commodity pool operator 

with the Commodity Futures Trading 

Commission (‘‘CFTC’’) and is a member 

of the National Futures Association. The 

Bank of New York Mellon (‘‘Custodian’’ 

or ‘‘Administrator’’) is the custodian, 

transfer agent, and administrator for the 

Fund. Foreside Fund Services, LLC 

(‘‘Distributor’’) is the distributor for the 

Fund’s Shares. 

Teucrium Agriculture Fund 

The investment objective of the Fund 

is to have the daily changes in 

percentage terms of the Shares’ net asset 

value (‘‘NAV’’) reflect the daily changes 

in percentage terms of a weighted 

average (‘‘Underlying Fund Average’’) of 

the NAVs per share of four other 

commodity pools that are series of the 

Trust and are sponsored by the Sponsor: 

Teucrium Corn Fund, Teucrium Wheat 

Fund, Teucrium Soybean Fund, and 

Teucrium Sugar Fund (collectively, 

‘‘Underlying Funds’’).6 The Fund seeks 

to achieve its investment objective by 

investing under normal market 

conditions 7 in the publicly-traded 

shares of each Underlying Fund so that 

the Underlying Fund Average will have 

a weighting of 25% for each Underlying 

Fund, and the Fund’s assets will be 

rebalanced, generally on a daily basis, to 

maintain the approximate 25% 

allocation to each Underlying Fund. The 

Fund does not intend to invest directly 

in futures contracts (‘‘Futures 

Contracts’’) or other Commodity 

Interests (as defined below), although it 

reserves the right to do so in the future, 

including if an Underlying Fund ceases 

operations or if shares of an Underlying 

Fund cease trading on the Exchange. 

While the Fund expects to maintain 

substantially all of its assets in shares of 

the Underlying Funds at all times, the 

Fund may hold some residual amount of 

assets in obligations of the United States 

government (‘‘Treasury Securities’’) or 

cash equivalents, and/or hold such 

assets in cash (generally in interestbearing accounts). The Fund will earn 

interest income from the Treasury 

Securities and/or cash equivalents that 

it purchases and on the cash it holds 

through the Custodian. 

The investment objective of each 

Underlying Fund is to have the daily 

changes in percentage terms of its 

shares’ NAV reflect the daily changes in 

percentage terms of a weighted average 

of the closing settlement prices for 

certain Futures Contracts for the 

commodity specified in the Underlying 

Fund’s name.8 The Teucrium Corn 

Fund’s Benchmark is: (1) The second-toexpire Futures Contract for corn traded 

on the Chicago Board of Trade 

(‘‘CBOT’’), weighted 35%, (2) the thirdto-expire CBOT corn Futures Contract, 

weighted 30%, and (3) the CBOT corn 

Futures Contract expiring in the 

December following the expiration 

month of the third-to-expire contract, 

weighted 35%. The Teucrium Wheat 

Fund’s Benchmark is: (1) The second-toexpire CBOT wheat Futures Contract, 

weighted 35%, (2) the third-to-expire 

CBOT wheat Futures Contract, weighted 

mstockstill on DSK4VPTVN1PROD with NOTICES