6904 Federal Register / Vol. 81, No. 26 / Tuesday, February 9, 2016 / Notices 

1MassMutual Institutional Funds et al., 

Investment Company Act Release Nos. 25211 

(October 16, 2001) (notice), 25260 (November 9, 

2001) (order), amended by MassMutual Institutional 

Funds et al., Investment Company Release Nos. 

25665 (July 17, 2002) (notice) and 25699 (August 

13, 2002) (order). 

be met and the documentation required 

for a person to request reinstatement. 

Analysis 

Agency: Retirement Operations, 

Retirement Services, Office of Personnel 

Management. 

Title: Annuitant’s Report of Earned 

Income. 

OMB Number: 3206–0034. 

Frequency: On occasion. 

Affected Public: Individuals or 

Households. 

Number of Respondents: 21,000. 

Estimated Time per Respondent: 35 

minutes. 

Total Burden Hours: 12,250. 

U.S. Office of Personnel Management. 

Beth F. Cobert, 

Acting Director. 

[FR Doc. 2016–02615 Filed 2–8–16; 8:45 am] 

BILLING CODE 6325–38–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

Submission for Review: 3206–0228, 

CSRS/FERS Documentation in Support 

of Disability Retirement Application, 

SF 3112 

AGENCY: U.S. Office of Personnel 

Management. 

ACTION: 30-Day notice and request for 

comments. 

SUMMARY: The Retirement Services, 

Office of Personnel Management (OPM) 

offers the general public and other 

Federal agencies the opportunity to 

comment on an extension, without 

change, of a currently approved 

information collection request (ICR) 

3206–0228, CSRS/FERS Documentation 

in Support of Disability Retirement 

Application, SF 3112. As required by 

the Paperwork Reduction Act of 1995 

(Pub. L. 104–13, 44 U.S.C. chapter 35) 

as amended by the Clinger-Cohen Act 

(Pub. L. 104–106), OPM is soliciting 

comments for this collection. This 

information collection was previously 

published in the Federal Register on 

October 14, 2015 at Volume 80 FR 

61852 allowing for a 60-day public 

comment period. No comments were 

received for this information collection. 

The purpose of this notice is to allow an 

additional 30 days for public comments. 

The Office of Management and Budget 

is particularly interested in comments 

that evaluate whether the proposed 

collection of information is necessary 

for the proper performance of functions 

of the agency, including whether the 

information will have practical utility; 

evaluate the accuracy of the agency’s 

estimate of the burden of the proposed 

collection of information, including the 

validity of the methodology and 

assumptions used; enhance the quality, 

utility, and clarity of the information to 

be collected; and minimize the burden 

of the collection of information on those 

who are to respond, including through 

the use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submissions 

of responses. 

DATES: Comments are encouraged and 

will be accepted until March 10, 2016. 

This process is conducted in accordance 

with 5 CFR 1320.1. 

ADDRESSES: Interested persons are 

invited to submit written comments on 

the proposed information collection to 

the Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, 725 17th Street NW., 

Washington, DC 20503, Attention: Desk 

Officer for the Office of Personnel 

Management or sent via electronic mail 

to oira_submission@omb.eop.gov or 

faxed to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: A 

copy of this ICR, with applicable 

supporting documentation, may be 

obtained by contacting the Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 725 

17th Street NW., Washington, DC 20503, 

Attention: Desk Officer for the Office of 

Personnel Management or sent via 

electronic mail to oira_submission@

omb.eop.gov or faxed to (202) 395–6974. 

SUPPLEMENTARY INFORMATION: SF 3112 

collects information from applicants for 

disability retirement so that OPM can 

determine whether to approve a 

disability retirement. The applicant will 

only complete Standard Forms 3112A 

and 3112C. Standard Forms 3112B, 

3112D and 3112E will be completed by 

the immediate supervisor and the 

employing agency of the applicant. 

Analysis 

Agency: Retirement Operations, 

Retirement Services, Office of Personnel 

Management. 

Title: CSRS/FERS Documentation in 

Support of Disability Retirement 

Application. 

OMB Number: 3206–0228. 

Frequency: On occasion. 

Affected Public: Individuals or 

households. 

Number of Respondents: SF 3112A = 

1,350; SF 3112C = 12,100. 

Estimated Time per Respondent: SF 

3112A = 30 minutes; SF 3112C = 60 

minutes. 

Total Burden Hours: 12,775. 

U.S. Office of Personnel Management. 

Beth F. Cobert, 

Acting Director. 

[FR Doc. 2016–02613 Filed 2–8–16; 8:45 am] 

BILLING CODE 6325–38–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

31982; 812–14376] 

MassMutual Premiere Funds, et al.; 

Notice of Application 

February 3, 2016. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: 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 and rule 

18f–2 under 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– 

07(2)(a), (b), and (c) of Regulation S–X 

(‘‘Disclosure Requirements’’). The 

requested exemption would permit an 

investment adviser to hire and replace 

certain sub-advisers without 

shareholder approval and grant relief 

from the Disclosure Requirements as 

they relate to fees paid to the subadvisers. The order would also 

supersede a prior order.1

Applicants: MassMutual Premier 

Funds, MassMutual Select Funds, MML 

Series Investment Fund, and MML 

Series Investment Fund II, (each, a 

‘‘Trust,’’ and collectively, the ‘‘Trusts’’), 

each a Massachusetts business trust 

registered under the Act as an open-end 

management investment company with 

multiple series (each a ‘‘Series’’), and 

MML Investment Advisers, LLC, a 

Delaware limited liability company 

registered as an investment adviser 

under the Investment Advisers Act of 

1940 (the ‘‘Manager,’’ and collectively 

with the Trusts, the ‘‘Applicants’’). 

Filing Dates: The application was 

filed October 17, 2014, and amended on 

March 9, 2015, June 15, 2015 and 

October 13, 2015. 

Hearing or Notification of Hearing: An 

order granting the application will be 

issued unless the Commission orders a 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 81, No. 26 / Tuesday, February 9, 2016 / Notices 6905 

2Applicants request relief with respect to the 

named Applicants, any future Series of the Trusts 

and any other existing or future registered open-end 

management company or series thereof that intends 

to rely on the requested order in the future and that: 

(a) is advised by the Manager or by any entity 

controlling, controlled by, or under common 

control with the Manager or its successor (included 

in the term ‘‘Manager’’); (b) uses the multi-manager 

structure described in the application; and (c) 

complies with the terms and conditions of the 

application (any such series, a ‘‘Subadvised 

Series’’). For purposes of the requested order, 

‘‘successor’’ is limited to an entity that results from 

a reorganization into another jurisdiction or a 

change in the type of business organization. 

3A ‘‘Sub-Adviser’’ for a Series is (1) an indirect 

or direct ‘‘wholly owned subsidiary’’ (as such term 

is defined in the Act) of the Manager for that Series, 

or (2) a sister company of the Manager for that 

Series that is an indirect or direct ‘‘wholly-owned 

subsidiary’’ (as such term is defined in the Act) of 

the same company that, indirectly or directly, 

wholly owns the Manager (each of (1) and (2) a 

‘‘Wholly-Owned Sub Adviser’’ and collectively, the 

‘‘Wholly-Owned Sub-Advisers’’), or (3) an 

investment sub-adviser for that Series that is not an 

‘‘affiliated person’’ (as such term is defined in 

Section 2(a)(3) of the Act) of the Series or the 

Adviser, except to the extent that an affiliation 

arises solely because the sub-Adviser serves as a 

sub-adviser to one or more Series (each a ‘‘NonAffiliated Sub-Adviser’’ and collectively, the ‘‘NonAffiliated Sub-Advisers’’) . 

4The requested relief will not extend to any subadviser, other than a Wholly-Owned Sub-Adviser, 

who is an affiliated person, as defined in section 

2(a)(3) of the Act, of the Subadvised Series or the 

Manager, other than by reason of serving as a subadviser to one or more of the Subadvised Series 

(‘‘Affiliated Sub-Adviser’’). 

hearing. Interested persons may request 

a hearing by writing to the 

Commission’s Secretary and serving 

applicants with a copy of the request, 

personally or by mail. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on February 26, 2016, 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 

writing to the Commission’s Secretary. 

ADDRESSES: Secretary, U.S. Securities 

and Exchange Commission, 100 F Street 

NE., Washington, DC 20549–1090. 

Applicants: 14376, M243, Enfield, CT 

06082. 

FOR FURTHER INFORMATION CONTACT: 

Bruce MacNeil, Senior Counsel, at (202) 

551–6817, or James M. Curtis, Branch 

Chief, at (202) 551–6712 (Division of 

Investment Management, Chief 

Counsel’s Office). 

SUPPLEMENTARY INFORMATION: The 

following is a summary of the 

application. The complete application 

may be obtained via the Commission’s 

Web site by searching for the file 

number, or an applicant using the 

Company name box, at http://

www.sec.gov/search/search.htm or by 

calling (202) 551–8090. 

Summary of the Application 

1. The Manager will serve as the 

investment adviser to each Subadvised 

Series pursuant to an investment 

advisory agreement with each Trust 

(each, an ‘‘Investment Management 

Agreement,’’ and collectively, the 

‘‘Investment Management 

Agreements’’).2 The Manager will 

provide the Subadvised Series with 

continuous and comprehensive 

investment management services subject 

to the supervision of, and policies 

established by, each Subadvised Series’ 

board of directors (‘‘Board’’). The 

Management Agreements permit the 

Manager, subject to the approval of the 

Board, to delegate to one or more SubAdvisers the responsibility to provide 

the day-to-day portfolio investment 

management of each Subadvised Series, 

subject to the supervision and direction 

of the Manager.3 The primary 

responsibility for managing the 

Subadvised Series will remain vested in 

the Manager. The Manager will hire, 

evaluate, allocate assets to and oversee 

the Sub-Advisers, including 

determining whether a Sub-Adviser 

should be terminated, at all times 

subject to the authority of the Board. 

2. Applicants request an exemption to 

permit the Manager, subject to Board 

approval, to hire a Non-Affiliated SubAdviser or a Wholly-Owned SubAdviser, pursuant to Sub-Advisory 

Agreements and materially amend SubAdvisory Agreements with NonAffiliated Sub-Advisers and WhollyOwned Sub-Advisers without obtaining 

the shareholder approval required under 

section 15(a) of the Act and rule 18f–2 

under the Act.4 Applicants also seek an 

exemption from the Disclosure 

Requirements to permit a Subadvised 

Series to disclose (as both a dollar 

amount and a percentage of the 

Subadvised Series’ net assets): (a) The 

aggregate fees paid to the Manager and 

any Wholly-Owned Sub-Advisers; (b) 

the aggregate fees paid to Non-Affiliated 

Sub-Advisers, and (c) the fee paid to 

each Affiliated Sub-Adviser. 

3. Applicants agree that any order 

granting the requested relief will be 

subject to the terms and conditions 

stated in the Application. Such terms 

and conditions provide for, among other 

safeguards, appropriate disclosure to 

Subadvised Series’ shareholders and 

notification about sub-advisory changes 

and enhanced Board oversight to protect 

the interests of the Subadvised Series’ 

shareholders. 

4. Section 6(c) of the Act provides that 

the Commission may exempt any 

person, security, or transaction or any 

class or classes of persons, securities, or 

transactions from any provisions of the 

Act, or any rule thereunder, if such 

relief is necessary or appropriate in the 

public interest and consistent with the 

protection of investors and purposes 

fairly intended by the policy and 

provisions of the Act. Applicants 

believe that the requested relief meets 

this standard because, as further 

explained in the Application, the 

Investment Management Agreements 

will remain subject to shareholder 

approval, while the role of the SubAdvisers is substantially equivalent to 

that of individual portfolio managers, so 

that requiring shareholder approval of 

Sub-Advisory Agreements would 

impose unnecessary delays and 

expenses on the Subadvised Series. 

Applicants believe that the requested 

relief from the Disclosure Requirements 

meets this standard because it will 

improve the Manager’s ability to 

negotiate fees paid to the Sub-Advisers 

that are more advantageous for the 

Subadvised Series. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

Robert W. Errett, 

Deputy Secretary. 

[FR Doc. 2016–02489 Filed 2–8–16; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

31980; 812–14433] 

Medallion Financial Corp.; Notice of 

Application 

February 3, 2016. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice of an application for an 

order under section 6(c) of the 

Investment Company Act of 1940 (the 

‘‘Act’’) for an exemption from sections 

23(a), 23(b) and 63 of the Act, and under 

sections 57(a)(4) and 57(i) of the Act and 

rule 17d–1 under the Act permitting 

certain joint transactions otherwise 

prohibited by section 57(a)(4) of the Act. 

SUMMARY: Summary of the Application: 

Applicant, Medallion Financial Corp. 

(the ‘‘Company’’), requests an order to 

permit it to issue restricted shares of its 

common stock to its officers and 

mstockstill on DSK4VPTVN1PROD with NOTICES