Advisors Series Trust and Orinda Asset Management, LLC; Notice of Intention To Rescind an Order

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At the request of Advisors Series Trust ("AST") and Orinda Asset Management, LLC ("Orinda," and together, the "Applicants"), the Commission intends to rescind an order previously issued to Applicants under section 6(c) of the Act that granted an exemption from section 15(a) of the Act and rule 18f-2 under the Act, as well as from certain disclosure requirements.\1\ ---------------------------------------------------------------------------