0000000000-20-008678.txt : 20201102 0000000000-20-008678.hdr.sgml : 20201102 20200915161650 ACCESSION NUMBER: 0000000000-20-008678 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20200915 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Teucrium Commodity Trust CENTRAL INDEX KEY: 0001471824 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: THREE MAIN STREET STREET 2: SUITE 215 CITY: BURLINGTON STATE: VT ZIP: 05401 BUSINESS PHONE: 802-540-0019 MAIL ADDRESS: STREET 1: THREE MAIN STREET STREET 2: SUITE 215 CITY: BURLINGTON STATE: VT ZIP: 05401 PUBLIC REFERENCE ACCESSION NUMBER: 0001654954-20-009751 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments. Form S-1 filed September 2, 2020 Operation of the Fund, page 1 1. We note your disclosure that the investment objective of the Fund "may be changed at any time at the sole discretion of the Sponsor." Please revise your disclosure to provide more detail and describe: any current plans to change the Fund's investment objective; whether any such change would fall outside of compliance with the Fund's listing standard; the provision(s) of your governing document(s) that describe this authority; the reason(s) and circumstances(s) pursuant to which the Sponsor would exercise this authority; how shareholders would be notified of any changes to the investment objective; the notice period shareholders would receive before the investment objective is Sal Gilbertie Teucrium Commodity Trust September 15, 2020 Page 2 changed; whether investors will have the ability to modify their holdings as a result of such a change; and any other relevant information regarding this authority. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Eric Envall at (202) 551-3234 or Sandra Hunter Berkheimer at (202) 551- 3758 with any questions. FirstName LastNameSal Gilbertie Sincerely, Comapany NameTeucrium Commodity Trust Division of Corporation Finance September 15, 2020 Page 2 Office of Finance FirstName LastName