Securities and Exchange Commission
- [Investment Company Act Release No. 34727; File No. 812-15379]
AGENCY:
Securities and Exchange Commission (“Commission” or “SEC”).
ACTION:
Notice.
Notice of an application under Section 6(c) of the Investment Company Act of 1940 (“Act”) for an exemption from Section 15(c) of the Act.
Summary of Application: The requested exemption would permit a Trust's board of trustees (the “Board”) to approve new sub-advisory agreements and material amendments to existing sub-advisory agreements without complying with the in-person meeting requirement of Section 15(c) of the Act.
Applicants: Lincoln Variable Insurance Products Trust (the “Trust”), and Lincoln Investment Advisors Corporation (“LIAC” or the “Adviser”).
Filing Dates: The application was filed on August 8, 2022, and amended on September 30, 2022.
Hearing or Notification of Hearing: An order granting the requested relief will be issued unless the Commission orders a hearing. Interested persons may request a hearing on any application by emailing the SEC's Secretary at Secretarys-Office@sec.gov and serving the relevant applicant with a copy of the request by email, if an email address is listed for the relevant applicant below, or personally or by mail, if a physical address is listed for the relevant applicant below.
Hearing requests should be received by the Commission by 5:30 p.m. on November 7, 2022, and should be accompanied by proof of service on applicants, in the form of an affidavit or, for lawyers, a certificate of service. Pursuant to rule 0-5 under the Act, hearing requests should state the nature of the writer's interest, any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by emailing the Commission's Secretary.
ADDRESSES:
The Commission: Secretarys-Office@sec.gov. Applicants: Ronald Holinsky, Esq., Lincoln Investment Advisors Corporation, 150 N. Radnor-Chester Road, Radnor, PA 19087; Robert Robertson, Esq., Dechert LLP US Bank Tower, 633 West 5th Street, Suite 4900, Los Angeles, CA, 90071-2032.
FOR FURTHER INFORMATION CONTACT:
Deepak T. Pai, Senior Counsel, or Lisa Reid Ragen, Branch Chief, at (202) 551-6825 (Division of Investment Management, Chief Counsel's Office).