Document ID: SEC-2022-0225-0001
Agency: sec
Document Type: Notice
Title: DoubleLine ETF Trust, et al.
Posted Date: 2022-02-15T05:00Z

[Federal Register Volume 87, Number 31 (Tuesday, February 15, 2022)]
[Notices]
[Pages 8620-8621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[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 [email protected] 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: [email protected]. Applicants: John 
J. O'Brien, Morgan Lewis & Bockius LLP, [email protected]; 
Earl A. Lariscy, DoubleLine ETF Trust, [email protected].

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 http://www.sec.gov/search/search.htm, 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