83 FR 42328 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 162 (August 21, 2018)

Page Range		42328-42328
FR Document		2018-18069

Federal Register, Volume 83 Issue 162 (Tuesday, August 21, 2018)

[Federal Register Volume 83, Number 162 (Tuesday, August 21, 2018)]
[Notices]
[Page 42328]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-18069]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE:  2:00 p.m. on Thursday, August 23, 2018.

PLACE: Closed Commission Hearing Room 10800.

STATUS:  This meeting will be closed to the public.

MATTERS TO BE CONSIDERED:  Commissioners, Counsel to the Commissioners, 
the Secretary to the Commission, and recording secretaries will attend 
the closed meeting. Certain staff members who have an interest in the 
matters also may be present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), 
permit consideration of the scheduled matters at the closed meeting.
    Commissioner Peirce, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matters of the closed meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings; and
    Other matters relating to enforcement proceedings.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

CONTACT PERSON FOR MORE INFORMATION:  For further information and to 
ascertain what, if any, matters have been added, deleted or postponed; 
please contact Brent J. Fields from the Office of the Secretary at 
(202) 551-5400.

    Dated: August 16, 2018.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2018-18069 Filed 8-17-18; 11:15 am]
 BILLING CODE 8011-01-P

42328 Federal Register / Vol. 83, No. 162 / Tuesday, August 21, 2018 / Notices

Contracts allow the substitution of investing in the Removed Portfolio of the Contracts for affected Contract
shares of registered open-end (before the Substitution Date) or the owners for a period of at least two years
investment companies in the manner Replacement Portfolio (after the following the Substitution Date.
contemplated by the application; (ii) the Substitution Date) to any other available For the Commission, by the Division of
Substitutions can be consummated as investment option under the Contract Investment Management, under delegated
described in the application under without charge for a period beginning at authority.
applicable insurance laws; and (iii) any least 30 days before the Substitution Eduardo A. Aleman,
regulatory requirements in each Date through at least 30 days following Assistant Secretary.
jurisdiction where the Contracts are the Substitution Date. Except as
[FR Doc. 2018–17936 Filed 8–20–18; 8:45 am]
qualified for sale have been complied described in any market timing/short-
BILLING CODE 8011–01–P
with to the extent necessary to complete term trading provisions of the relevant
the Substitutions. prospectus, the Section 26 Applicants
2. After the Substitution Date, FMG will not exercise any rights reserved
SECURITIES AND EXCHANGE
will not change a sub-adviser, add a under the Contracts to impose
COMMISSION
new sub-adviser, or otherwise rely on restrictions on transfers between the
the Multi-Manager Order, or any subaccounts under the Contracts, Sunshine Act Meetings
replacement order from the including limitations on the future
Commission, with respect to any number of transfers, for a period TIME AND DATE:2:00 p.m. on Thursday,
Replacement Portfolio without first beginning at least 30 days before the August 23, 2018.
obtaining shareholder approval of the Substitution Date through at least 30
change in sub-adviser, the new sub- days following the Substitution Date. PLACE:Closed Commission Hearing
adviser, or the Replacement Portfolio’s 8. All affected Contract owners will be Room 10800.
ability to rely on the Multi-Manager notified, at least 30 days before the STATUS: This meeting will be closed to
Order, or any replacement order from Substitution Date about: (i) The the public.
the Commission, at a shareholder intended Substitution of Removed
meeting, the record date for which shall Portfolios with the Replacement MATTERS TO BE CONSIDERED:
be after the proposed Substitution has Portfolios; (ii) the intended Substitution Commissioners, Counsel to the
been affected. Date; and (iii) information with respect Commissioners, the Secretary to the
3. AXA Equitable, MONY America or to transfers as set forth in Condition 7 Commission, and recording secretaries
an affiliate thereof (other than the EQ above. In addition, the Section 26 will attend the closed meeting. Certain
Trust) will pay all expenses and Applicants will also deliver to affected staff members who have an interest in
transaction costs of the Substitutions, Contract owners, at least 30 days before the matters also may be present.
including legal and accounting the Substitution Date, a prospectus for The General Counsel of the
expenses, any applicable brokerage each applicable Replacement Portfolio. Commission, or his designee, has
expenses and other fees and expenses. 9. The Section 26 Applicants will certified that, in his opinion, one or
No fees or charges will be assessed to deliver to each affected Contract owner more of the exemptions set forth in 5
the affected Contract owners to effect within five business days of the U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
the Substitutions. The proposed Substitution Date a written confirmation and (10) and 17 CFR 200.402(a)(3),
Substitutions will not cause the which will include: (i) A confirmation (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
Contract fees and charges currently that the Substitutions were carried out (a)(10), permit consideration of the
being paid by Contract owners to be as previously notified; (ii) a restatement scheduled matters at the closed meeting.
greater after the proposed Substitution of the information set forth in the Pre-
Commissioner Peirce, as duty officer,
than before the proposed Substitution. Substitution Notice; and (iii) values of
voted to consider the items listed for the
4. The Substitutions will be effected the Contract owner’s positions in the
closed meeting in closed session.
at the relative net asset values of the Removed Portfolio before the
respective shares of the Replacement Substitution and the Replacement The subject matters of the closed
Portfolios in conformity with section Portfolio after the Substitution. meeting will be:
22(c) of the Act and rule 22c–1 10. For a period of two years Institution and settlement of
thereunder without the imposition of following the Substitution Date, for injunctive actions;
any transfer or similar charges by the Contract owners who were Contract Institution and settlement of
Section 26 Applicants. The owners as of the Substitution Date, AXA administrative proceedings; and
Substitutions will be effected without Equitable, MONY America or an affiliate
thereof (other than the EQ Trust) will Other matters relating to enforcement
change in the amount or value of any proceedings.
Contracts held by affected Contract reimburse, on the last business day of
owners. each fiscal quarter, the Contract owners At times, changes in Commission
5. The Substitutions will in no way whose subaccounts invest in the priorities require alterations in the
alter the tax treatment of affected applicable Replacement Portfolio to the scheduling of meeting items.
Contract owners in connection with extent that the Replacement Portfolio’s CONTACT PERSON FOR MORE INFORMATION:
their Contracts, and no tax liability will net annual operating expenses (taking For further information and to ascertain
arise for Contract owners as a result of into account fee waivers and expense what, if any, matters have been added,
the Substitutions. reimbursements) for such period deleted or postponed; please contact
exceed, on an annualized basis, the net
sradovich on DSK3GMQ082PROD with NOTICES

6. The obligations of the Section 26 Brent J. Fields from the Office of the
Applicants, and the rights of the annual operating expenses of the Secretary at (202) 551–5400.
affected Contract owners, under the Removed Portfolio for the most recent
fiscal year preceding the date of this Dated: August 16, 2018.
Contracts of affected Contract owners
will not be altered in any way. application. In addition, the Section 26 Jill M. Peterson,
7. Affected Contract owners will be Applicants will not increase the Assistant Secretary.
permitted to make at least one transfer Contract fees and charges that would [FR Doc. 2018–18069 Filed 8–17–18; 11:15 am]
of Contract value from the subaccount otherwise be assessed under the terms BILLING CODE 8011–01–P

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Document Created: 2018-08-21 00:07:22
Document Modified: 2018-08-21 00:07:22

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Dates		2:00 p.m. on Thursday, August 23, 2018.
FR Citation		83 FR 42328