Form S-6 SmartTrust 579

May 18, 2022 1:11 PM EDT

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1933 Act File No.:

1940 Act File No.: 811-21429

CIK No.: 1874387

 

Securities and Exchange Commission

Washington, D.C. 20549

 

REGISTRATION STATEMENT ON Form S-6

 

For Registration under the Securities Act

of 1933 of Securities of Unit Investment

Trusts Registered on Form N-8B-2

 

A. Exact name of trust: SmartTrust 579
     
B. Name of depositor: Hennion & Walsh, Inc.
     
C. Complete address of depositor’s principal executive offices:

Hennion & Walsh, Inc.
2001 Route 46, Waterview Plaza
Parsippany, New Jersey 07054

 

D. Name and complete address of agent for service:

 

  With a copy to:
Kevin D. Mahn Scott R. Anderson
Hennion & Walsh, Inc. Chapman and Cutler LLP
2001 Route 46, Waterview Plaza 320 South Canal Street, 27th Floor
Parsippany, New Jersey 07054 Chicago, Illinois  60606

 

E. Title of securities being registered:  Units of undivided beneficial interest
   
F. Approximate date of proposed public offering:

As Soon As Practicable After The Effective Date Of The Registration Statement

 

Check box if it is proposed that this filing will become effective on _______________ at ______ pursuant to Rule 487.
   

The registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a) may determine.

 
 

 

Preliminary Prospectus Dated May 18, 2022

Hennion & Walsh, Inc.
SmartTrust 579

High 20 Dividend Strategy Trust, Series 32

The attached final prospectus for a prior SmartTrust series is hereby used as a preliminary prospectus for the above stated series. The narrative information and structure of the attached final prospectus will be substantially the same as that of the final prospectus for this series. Information with respect to pricing, the number of units, dates and summary information regarding the characteristics of securities to be deposited in this series is not now available and will be different since each unit investment trust has a unique portfolio. Accordingly the information contained herein with regard to the previous series should be considered as being included for informational purposes only.

A registration statement relating to the units of this series has been filed with the Securities and Exchange Commission but has not yet become effective. Information contained herein is subject to completion or amendment. Such units may not be sold nor may an offer to buy be accepted prior to the time the registration statement becomes effective. This prospectus shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the units in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

(Incorporated herein by reference is the final prospectus and information supplement from SmartTrust 558 (Registration No. 333-261717) as filed on March 18, 2022 which shall be used as a preliminary prospectus and information supplement for the current series of the trust.)

 
 

Undertakings

1.Subject to the terms and conditions of Section 15(d) of the Securities Exchange Act of 1934, the undersigned registrant hereby undertakes to file with the Securities and Exchange Commission (the “Commission”) such supplementary and periodic information, documents, and reports as may be prescribed by any rule or regulation of the Commission heretofore or hereafter duly adopted pursuant to authority conferred in that section.
2.Insofar as indemnification for liability arising under the Securities Act of 1933 (the “Securities Act”) may be permitted to directors, officers and controlling persons of the registrant pursuant to Rule 484 under the Securities Act, or otherwise, the registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

Bonding Arrangements

The employees of Hennion & Walsh, Inc. are covered under Brokers’ Fidelity Bond in the total amount of $1,000,000, the insurer being National Union Fire Insurance Company of Pittsburgh.

 

Contents of Registration Statement

This Registration Statement comprises the following:

The facing sheet

The prospectus and information supplement

The signatures

The consents of evaluator, independent auditors and legal counsel

The following exhibits:

1.1Trust Agreement including certain amendments to the Standard Terms and Conditions of Trust referred to under Exhibit 1.1.1 below (to be filed by amendment).
1.1.1Standard Terms and Conditions of Trust (filed as Exhibit 1.1.1. to Amendment No. 3 to the Registration Statement on Form S-6 for Smart Trust, Zacks Diversified Equity & Corporate Bond Trust, Series 9 (No. 333-203850) as filed on July 21, 2015, and incorporated herein by reference).
1.2Amended and Restated Certificate of Incorporation of Hennion & Walsh, Inc. dated March 14, 2013 (filed as Exhibit 1.2 to Amendment No. 3 to the Registration Statement on Form S-6 for Smart Trust, Zacks Diversified Equity & Corporate Bond Trust, Series 9 (No. 333-203850) as filed on July 21, 2015, and incorporated herein by reference).
 
 
1.3By-Laws of Hennion & Walsh, Inc. (filed as Exhibit 1.3.9 to Amendment No. 1 to the Registration Statement on Form S-6 for Schwab Trusts, Schwab Ten Trust, 2003 Series B (No. 333-106866) as filed on August 26, 2003, and incorporated herein by reference).
1.5Form of Dealer Agreement (filed as Exhibit 1.5 to Amendment No. 3 to the Registration Statement on Form S-6 for Smart Trust, Zacks Diversified Equity & Corporate Bond Trust, Series 9 (No. 333-203850) as filed on July 21, 2015, and incorporated herein by reference).
2.2Code of Ethics of Hennion & Walsh, Inc.’s Unit Investment Trust activities (filed as Exhibit 11.0 to Amendment No. 1 to the Registration Statement on Form S-6 for Schwab Trusts, Schwab Ten Trust, 2003 Series B (No. 333-106866) as filed on August 26, 2003, and incorporated herein by reference).
3.1Opinion and consent of counsel as to legality of securities being registered (to be filed by amendment).
3.3Opinion of counsel as to the Trustee and the Trust (to be filed by amendment).
4.1Consent of initial evaluator (to be filed by amendment).
4.3Consent of independent registered public accounting firm (to be filed by amendment).
7.1Officers and Directors of Hennion & Walsh, Inc. (filed as Exhibit 7.1 to the Registration Statement on Form S-6 for SmartTrust 557 (No. 333-261716) as filed on March 11, 2022, and incorporated herein by reference).

 

 
 

Signatures

Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Parsippany and State of New Jersey on May 18, 2022.

  SmartTrust 579
     
  By Hennion & Walsh, Inc., Depositor
     
  By /s/ KEVIN D. MAHN
    Kevin D. Mahn
    Authorized Signatory

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below on May 18, 2022 by the following persons in the capacities indicated.

 

  By /s/ WILLIAM W. WALSH
    William W. Walsh
    President and Director
     
  By /s/ RICHARD HENNION
    Richard Hennion
    Executive Vice President and Director
     
  By /s/ Phillip Fitzsimmons
    Phillip Fitzsimmons
    Chief Compliance Officer and Director
     
  By /s/ Wendy Wurst
    Wendy Wurst
   

Principal Financial Officer and

Director
     
  By /s/ ROBERT VALLONE
    Robert Vallone
    Principal Accounting Officer

 

  



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