UNITED STATES OF AMERICA

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UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 85827 / May 10, 2019

ADMINISTRATIVE PROCEEDING

File No. 3-18473

:

:

:

VISIUM ASSET MANAGEMENT, LP :

:

Respondent.

:

:

In the Matter of

ORDER EXTENDING TIME TO

ENTER AN ORDER APPROVING OR

DISAPPROVING PLAN OF

DISTRIBUTION

On March 25, 2019, pursuant to Rule 1103 of the United States Securities and Exchange

Commission’s (“Commission”) Rules on Fair Fund and Disgorgement Plans (“Rules”), 17

C.F.R.§ 201.1103, the Commission published a Notice of Proposed Plan of Distribution and

Opportunity to Comment (“Notice”)1 for the distribution of monies placed into a Fair Fund in the

above-captioned matter. The Notice invited public comment on the proposed plan of distribution

(“Plan”) through April 24, 2019, and the Commission received one substantive public comment

(the “Comment”).

Rule 1104 of the Rules, 17 C.F.R. § 201.1104, provides in relevant part, “[t]he order

approving or disapproving the plan should be entered within 30 days after the end of the final

period allowed for comments on the proposed plan unless the Commission or the hearing officer,

by written order, allows a longer period for good cause shown.”

Thirty days from the end of the final period for comments on the Plan will lapse on May

25, 2019. The Division requests additional time to present its recommendation to the

1

Exchange Act Rel. No. 85403 (Mar. 25, 2019).

Commission regarding the Comments and the Plan and has demonstrated good cause to extend

the thirty-day time period, provided in Rule 1104 of the Rules, with entry of an order extending

time to approve or disapprove the Plan until August 22, 2019.

Accordingly, IT IS ORDERED that pursuant to Rule 1104 of the Rules,2 for good cause

shown, the time for entering an order approving or disapproving the Plan is extended to August

22, 2019.

For the Commission, by its Secretary, pursuant to delegated authority.

Vanessa A. Countryman

Acting Secretary

2

17 C.F.R. § 201.1104.

2

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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