30 Day Notice

3235-0503.pdf

Form N-6 (17 CFR 239.17c) under the Securities Act of 1933 and (17 CFR 274.11d) under the Investment Company Act of 1940, Registration Statement of Separate Accounts Organized as Unit Investment Trust

30 Day Notice

OMB: 3235-0503

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Federal Register / Vol. 89, No. 136 / Tuesday, July 16, 2024 / Notices

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–446, OMB Control No.
3235–0503]

khammond on DSKJM1Z7X2PROD with NOTICES

Submission for OMB Review;
Comment Request; Extension: Form
N–6
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission (the
‘‘Commission’’) has submitted to the
Office of Management and Budget a
request for extension of the previously
approved collection of information
discussed below.
The title for the collection of
information is ‘‘Form N–6 (17 CFR
239.17c and 274.11d) under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) and under the Investment
Company Act of 1940 (15 U.S.C. 80a–1
et seq.) registration statement of separate
accounts organized as unit investment
trusts that offer variable life insurance
policies.’’ Form N–6 is the form used by
insurance company separate accounts
organized as unit investment trusts that
offer variable life insurance contracts to
register as investment companies under
the Investment Company Act of 1940
and/or to register their securities under
the Securities Act of 1933. The primary
purpose of the registration process is to
provide disclosure of financial and
other information to investors and
potential investors for the purpose of
evaluating an investment in a security.
Form N–6 also requires separate
accounts organized as unit investment
trusts that offer variable life insurance
policies to provide investors with a
prospectus and a statement of additional
information (‘‘SAI’’) covering essential
information about the separate account
when it makes an initial or additional
offering of its securities.
The Commission estimates that
approximately 448 registration
statements (20 initial registration
statements plus 428 post-effective
amendments) are filed on Form N–6
annually. The estimated hour burden
per portfolio for preparing and filing an
initial registration statement on Form
N–6 is 772.25 hours. The estimated
annual hour burden for preparing and
filing initial registration statements is
15,445 hours (20 initial registration
statements annually times 772.25 hours
per registration statement). The

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Commission estimates that the hour
burden for preparing and filing a posteffective amendment on Form N–6 is
154.25 hours. The total annual hour
burden for preparing and filing posteffective amendments is 66,019 hours
(428 post-effective amendments
annually times 154.25 hours per
amendment). The frequency of response
is annual. The total annual hour burden
for Form N–6, therefore, is estimated to
be 81,464 hours (15,445 hours for initial
registration statements plus 66,019
hours for post-effective amendments).
The Commission estimates that the
cost burden for preparing an initial
Form N–6 filing is $40,000 per filing
and the current cost burden for
preparing a post-effective amendment to
a previously effective registration
statement is $20,000 per filing. Thus,
the total cost burden allocated to Form
N–6 would be $9,360,000 (20 initial
filings times $40,000 and 428 posteffective amendment filings times
$20,000).
The information collection
requirements imposed by Form N–6 are
mandatory. Responses to the collection
of information will not be kept
confidential. Estimates of average
burden hours are made solely for the
purposes of the Paperwork Reduction
Act, and are not derived from a
comprehensive or even a representative
survey or study of the costs of
Commission rules and forms. An agency
may not conduct or sponsor, and a
person is not required to respond to a
collection of information unless it
displays a currently valid control
number.
The public may view background
documentation for this information
collection at the following website:
www.reginfo.gov. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice by August 15, 2024 to (i)
MBX.OMB.OIRA.SEC_desk_officer@
omb.eop.gov and (ii) Austin Gerig,
Director/Chief Data Officer, Securities
and Exchange Commission, c/o
Oluwaseun Ajayi, 100 F Street NE,
Washington, DC 20549, or by sending an
email to: [email protected].

SECURITIES AND EXCHANGE
COMMISSION

Dated: July 10, 2024.
Vanessa A. Countryman,
Secretary.

The Exchange proposes to amend
Options 7, Section 6, C, Ports and Other
Services. Specifically, the Exchange

[FR Doc. 2024–15486 Filed 7–15–24; 8:45 am]

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Self-Regulatory Organizations; Nasdaq
GEMX, LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend Options 7,
Section 6
July 10, 2024.

Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on July 1,
2024, Nasdaq GEMX, LLC (‘‘GEMX’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III, below, which Items have been
prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend its
Rules at Options 7, Section 6, C, Ports
and Other Services.
The text of the proposed rule change
is available on the Exchange’s website at
https://listingcenter.nasdaq.com/
rulebook/gemx/rules, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose

1 15
2 17

BILLING CODE 8011–01–P

PO 00000

[Release No. 34–100493; File No. SR–
GEMX–2024–17]

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U.S.C. 78s(b)(1).
CFR 240.19b–4.

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