# UNITED STATES OF AMERICA > Briefs, arguments, decisions, and more. URL: https://www.frixlaw.com/law-library/documents/agency%3Asec%3A910bf7f473bea02a ## Record - **Collection:** Agency decision - **Document type:** Agency decision ## Text 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 --- Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Asec%3A910bf7f473bea02a. Public record. Not legal advice.