Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 10729-10730 [E6-2957]
Download as PDF
<![CDATA[
Federal Register / Vol. 71, No. 41 / Thursday, March 2, 2006 / Notices
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File
Number 1–13640. This file number
should be included on the subject line
if e-mail is used. To help us process and
review your comments more efficiently,
please use only one method. The
Commission will post all comments on
the Commission’s Internet Web site
(https://www.sec.gov/rules/delist.shtml).
Comments are also available for public
inspection and copying in the
Commission’s Public Reference Room.
All comments received will be posted
without change; we do not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly.
The Commission, based on the
information submitted to it, will issue
an order granting the application after
the date mentioned above, unless the
Commission determines to order a
hearing on the matter.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.5
Nancy M. Morris,
Secretary.
[FR Doc. 06–1953 Filed 3–1–06; 8:45 am]
BILLING CODE 8010–01–M
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–27229]
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
wwhite on PROD1PC61 with NOTICES
February 24, 2006.
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of February,
2006. A copy of each application may be
obtained for a fee at the SEC’s Public
Reference Branch (tel. 202–551–5850).
An order granting each application will
be issued unless the SEC orders a
hearing. Interested persons may request
a hearing on any application by writing
to the SEC’s Secretary at the address
below and serving the relevant
applicant with a copy of the request,
personally or by mail. Hearing requests
should be received by the SEC by 5:30
p.m. on March 21, 2006, and should be
accompanied by proof of service on the
applicant, in the form of an affidavit or,
for lawyers, a certificate of service.
Hearing requests should state the nature
of the writer’s interest, the reason for the
5 17
CFR 200.30–3(a)(1).
VerDate Aug<31>2005
17:54 Mar 01, 2006
Jkt 208001
10729
request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
writing to the Secretary, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549–
1090.
FOR FURTHER INFORMATION CONTACT:
Diane L. Titus at (202) 551–6810, SEC,
Division of Investment Management,
Office of Investment Company
Regulation, 100 F Street, NE.,
Washington, DC 20549–0504.
COMMAND Government Fund [File No.
811–3251]; COMMAND Tax-Free Fund
[File No. 811–3252]; COMMAND Money
Fund [File No. 811–3253]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On September
27, 2004, each applicant made a
liquidating distribution to its
shareholders, based on net asset value.
Expenses of $9,395, $14,129 and
$71,456, respectively, incurred in
connection with the liquidations were
paid by each applicant.
Filing Date: The applications were
filed on February 9, 2006.
Applicant’s Address: Gateway Center
Three, 100 Mulberry St., Newark, NJ
07102–4077.
The Crowley Portfolio Group, Inc. [File
No. 811–5875]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On November 28,
2005, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $9,000
incurred in connection with the
liquidation were paid by applicant.
Filing Date: The application was filed
on January 27, 2006.
Applicant’s Address: 3201–B
Millcreek Rd., Wilmington, DE 19808.
Leader Mutual Funds [File No. 811–
8494]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On February 18,
2005, applicant transferred its assets to
corresponding series of Regions Morgan
Keegan Select Funds and Morgan
Keegan Select Fund, Inc., based on net
asset value. Expenses of $340,328
incurred in connection with the
reorganization were paid by applicant
and Morgan Asset Management, Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on February 3, 2006.
Applicant’s Address: 3435 Stelzer
Rd., Columbus, OH 43219.
Gartmore Mutual Funds II, Inc. [File
No. 811–9275]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 2,
2005, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $82,500
incurred in connection with the
liquidation were paid by Gartmore
Separate Accounts LLC, applicant’s
subadviser, and Gartmore Mutual Fund
Capital Trust, applicant’s investment
adviser.
Filing Date: The application was filed
on February 15, 2006.
Applicant’s Address: 94 North
Broadway, Irvington, NY 10533.
World Trust [File No. 811–7399]
Summary: Applicant, a master fund in
a master/feeder structure, seeks an order
declaring that it has ceased to be an
investment company. By December 6,
2005, each of applicant’s feeder funds
had redeemed their shares at net asset
value. Expenses of $18,960 incurred in
connection with the liquidation were
paid by Ameriprise Financial, Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on February 13, 2006.
Applicant’s Address: 901 Marquette
Ave. South, Suite 2810, Minneapolis,
MN 55402–3268.
Index Plus Fund, Inc. [File No. 811–
21170]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On January 5,
2006, applicant made a final liquidating
distribution to its remaining
shareholder, based on net asset value.
Expenses of approximately $2,000
incurred in connection with the
liquidation were paid by applicant’s
investment adviser, Adams Asset
Advisors, LLC.
Filing Dates: The application was
filed on December 5, 2005, and two
amendments were filed on February 6,
2006.
Applicant’s Address: 8150 N. Central
Expressway #101, Dallas, TX 75206.
Centennial America Fund, L.P. [File No.
811–5051]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 30,
2004, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $1,000
incurred in connection with the
liquidation were paid by applicant.
Filing Dates: The application was
filed on December 13, 2005, and
amended on February 15, 2006.
Applicant’s Address: 6803 S Tucson
Way, Centennial, CO 80112.
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
E:\FR\FM\02MRN1.SGM
02MRN1
10730
Federal Register / Vol. 71, No. 41 / Thursday, March 2, 2006 / Notices
Mercury Variable Trust [File No. 811–
8163]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Shareholders
approved the merger of Applicant’s
fund on November 17, 2003, and
Applicant distributed its assets on
November 21, 2003. The fund surviving
the merger is the Merrill Lynch
International Value V.I. Fund, a series of
Merrill Lynch Variable Series Fund, Inc.
Legal expenses of $52,138.08 were
deducted from Applicant’s assets prior
to consummation of the merger. Other
merger related expenses of
approximately $143,597.51 were paid
by the Applicant’s investment adviser,
Fund Assets Management, L.P.
Filing Date: The application was filed
on November 30, 2005, as amended.
Applicant’s Address: 800 Scudders
Mill Road, Plainsboro, NJ 08536.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Nancy M. Morris,
Secretary.
[FR Doc. E6–2957 Filed 3–1–06; 8:45 am]
comment in the Federal Register on
December 29, 2005.4 The Commission
received eight comment letters.5 In
response to the concerns raised in the
comment letters and discussions with
Commission staff, the BSE filed
Amendments No. 2, 3, and 4 on
February 7, 2006, February 15, 2006,
and February 21, 2006, respectively.6
The Commission is publishing this
notice to solicit comments on
Amendments No. 4 to the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The BSE proposes to amend its rules
governing its Directed Order process
and to modify the information
contained in a Directed Order on BOX.
Below is the text of the proposed rule
change. Proposed new language is in
italics; proposed deletions are in
[brackets].
*
*
*
*
*
Rules of the Boston Options Exchange
Facility
*
*
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53357; File No. SR–BSE–
2005–52]
Self-Regulatory Organizations; Boston
Stock Exchange, Inc.; Notice of Filing
of Amendments No. 2, 3, and 4 to
Proposed Rule Change To Modify the
Information Contained in a Directed
Order on the Boston Options
Exchange
February 23, 2006.
wwhite on PROD1PC61 with NOTICES
Pursuant to section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on November
25, 2005, the Boston Stock Exchange,
Inc. (‘‘BSE’’ 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 BSE. On
December 20, 2005, the BSE filed
Amendment No. 1 to the proposed rule
change.3 The proposed rule change and
Amendment No. 1 were published for
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 In Amendment No. 1, the BSE amended the rule
text of Chapter V, Section 14(e) of the Boston
Options Exchange (‘‘BOX’’) Rules to clarify that the
identities of Options Participants that send Directed
Orders to the Trading Host are not anonymous.
2 17
VerDate Aug<31>2005
17:54 Mar 01, 2006
*
*
Chapter VI
BILLING CODE 8010–01–P
Jkt 208001
*
*
*
Market Makers
*
*
*
Section 5 Obligations of Market Makers
(a)–(b) No Change
(c) When acting as agent for a Directed
Order, a Market Maker must comply with
subparagraphs (i)–(iii) of this Paragraph (c).
i. A Market Maker shall not receive a
Directed Order other than through the BOX
Trading Host. A Market Maker that receives
a Directed Order shall not, under any
circumstances, reject the receipt of the
Directed Order from the BOX Trading Host.
A Market Maker who desires to accept
Directed Orders must systemically indicate
[they are an executing participant] each day
[that] and whenever the Market Maker
4 See Securities Exchange Act Release Act No.
53015 (December 22, 2005), 70 FR 77207.
5 See letters to Nancy Morris, Secretary,
Commission, from Adam C. Cooper, Senior
Managing Director & General Counsel, Citadel,
dated January 11, 2006 and January 12, 2006
(‘‘Citadel Letters’’); from Michael Simon, General
Counsel, International Securities Exchange (‘‘ISE’’),
dated January 19, 2006 (‘‘ISE Letter’’); from James
Gray, Chairman, optionsXpress Holdings, Inc.,
dated January, 19, 2006 (‘‘optionsXpress Letter’’);
from Thomas Peterffy, Chairman, and David M.
Battan, Vice President, Interactive Brokers Group,
dated January 24, 2006 (‘‘IB Letter’’); from David
Chavern, Vice President and Chief of Staff, U.S.
Chamber of Commerce, dated January 25, 2006
(‘‘Chamber of Commerce Letter’’); and from Neal L.
Wolkoff, Chairman & Chief Executive Officer,
American Stock Exchange, dated February 3, 2006
and February 7, 2006 (‘‘Amex Letters’’).
6 Amendment No. 2 superseded and replaced the
original filing and Amendment No. 1. Amendment
No. 3 superseded and replaced the original filing
and Amendments No. 1 and 2. Amendment No. 4
supersedes and replaces the original filing and all
previous amendments.
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
[wishes to receive Directed Orders]
reconnects after disconnection during the
day that it is willing to accept Directed
Orders (‘‘Executing Participant’’ or ‘‘EP’’). If
a Market Maker does not systemically
indicate that [they are] it is an [e]Executing
Participant, the BOX Trading Host will not
forward any Directed Orders to the Market
Maker. In such a case, the BOX Trading Host
will send the order directly to the BOX Book.
Prior to accepting a Directed Order through
the Trading Host, an EP must inform BOX of
the OFPs from which it has agreed to accept
Directed Orders through the Trading Host
(‘‘Listed OFPs’’ or ‘‘LOFPs’’). The Trading
Host will then only send to the EP Directed
Orders from LOFPs. Such orders will be sent
to the EP on an anonymous basis.
ii.–iii. No change.
*
*
*
*
*
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
BSE 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 BSE 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
Amendment No. 4 supersedes and
replaces the previous amendments and
the original filing in its entirety. The
original rule filing and Amendment No.
1 proposed to clarify that, when
Directed Orders are sent to a Market
Maker, they contain an identifier
associated with the firm that sent the
Directed Order. In response to the
original filing, the BSE received
comments both in support of and
opposing the proposal. The commenters
opposing the proposal argue that the
lack of anonymity of Directed Orders
allows the Market Maker receiving such
orders to discriminate among the firms
for which it will seek to execute
Directed Orders, and suggest that this
selection process is discriminatory, may
discourage aggressive quoting, and is
inconsistent with the Act.7 The
commenter supporting the proposal
argues that the lack of anonymity of
Directed Orders encourages greater
levels of price improvement, allows
7 See Citadel Letters, ISE Letter, Chamber of
Commerce Letter, optionsXpress Letter, and Amex
Letters, supra note 5.
E:\FR\FM\02MRN1.SGM
02MRN1
]]>Agencies
[Federal Register Volume 71, Number 41 (Thursday, March 2, 2006)]
[Notices]
[Pages 10729-10730]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-2957]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-27229]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
February 24, 2006.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
February, 2006. A copy of each application may be obtained for a fee at
the SEC's Public Reference Branch (tel. 202-551-5850). An order
granting each application will be issued unless the SEC orders a
hearing. Interested persons may request a hearing on any application by
writing to the SEC's Secretary at the address below and serving the
relevant applicant with a copy of the request, personally or by mail.
Hearing requests should be received by the SEC by 5:30 p.m. on March
21, 2006, and should be accompanied by proof of service on the
applicant, in the form of an affidavit or, for lawyers, a certificate
of service. Hearing requests should state the nature of the writer's
interest, the reason for the request, and the issues contested. Persons
who wish to be notified of a hearing may request notification by
writing to the Secretary, U.S. Securities and Exchange Commission, 100
F Street, NE., Washington, DC 20549-1090.
FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551-6810, SEC,
Division of Investment Management, Office of Investment Company
Regulation, 100 F Street, NE., Washington, DC 20549-0504.
COMMAND Government Fund [File No. 811-3251]; COMMAND Tax-Free Fund
[File No. 811-3252]; COMMAND Money Fund [File No. 811-3253]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On September 27, 2004, each applicant made
a liquidating distribution to its shareholders, based on net asset
value. Expenses of $9,395, $14,129 and $71,456, respectively, incurred
in connection with the liquidations were paid by each applicant.
Filing Date: The applications were filed on February 9, 2006.
Applicant's Address: Gateway Center Three, 100 Mulberry St.,
Newark, NJ 07102-4077.
Gartmore Mutual Funds II, Inc. [File No. 811-9275]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 2, 2005, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $82,500 incurred in connection with the liquidation were
paid by Gartmore Separate Accounts LLC, applicant's subadviser, and
Gartmore Mutual Fund Capital Trust, applicant's investment adviser.
Filing Date: The application was filed on February 15, 2006.
Applicant's Address: 94 North Broadway, Irvington, NY 10533.
World Trust [File No. 811-7399]
Summary: Applicant, a master fund in a master/feeder structure,
seeks an order declaring that it has ceased to be an investment
company. By December 6, 2005, each of applicant's feeder funds had
redeemed their shares at net asset value. Expenses of $18,960 incurred
in connection with the liquidation were paid by Ameriprise Financial,
Inc., applicant's investment adviser.
Filing Date: The application was filed on February 13, 2006.
Applicant's Address: 901 Marquette Ave. South, Suite 2810,
Minneapolis, MN 55402-3268.
The Crowley Portfolio Group, Inc. [File No. 811-5875]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On November 28, 2005, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $9,000 incurred in connection with the liquidation were
paid by applicant.
Filing Date: The application was filed on January 27, 2006.
Applicant's Address: 3201-B Millcreek Rd., Wilmington, DE 19808.
Leader Mutual Funds [File No. 811-8494]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 18, 2005, applicant transferred
its assets to corresponding series of Regions Morgan Keegan Select
Funds and Morgan Keegan Select Fund, Inc., based on net asset value.
Expenses of $340,328 incurred in connection with the reorganization
were paid by applicant and Morgan Asset Management, Inc., applicant's
investment adviser.
Filing Date: The application was filed on February 3, 2006.
Applicant's Address: 3435 Stelzer Rd., Columbus, OH 43219.
Index Plus Fund, Inc. [File No. 811-21170]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On January 5, 2006, applicant made a final
liquidating distribution to its remaining shareholder, based on net
asset value. Expenses of approximately $2,000 incurred in connection
with the liquidation were paid by applicant's investment adviser, Adams
Asset Advisors, LLC.
Filing Dates: The application was filed on December 5, 2005, and
two amendments were filed on February 6, 2006.
Applicant's Address: 8150 N. Central Expressway 101,
Dallas, TX 75206.
Centennial America Fund, L.P. [File No. 811-5051]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 30, 2004, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $1,000 incurred in connection with the liquidation were
paid by applicant.
Filing Dates: The application was filed on December 13, 2005, and
amended on February 15, 2006.
Applicant's Address: 6803 S Tucson Way, Centennial, CO 80112.
[[Page 10730]]
Mercury Variable Trust [File No. 811-8163]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Shareholders approved the merger of
Applicant's fund on November 17, 2003, and Applicant distributed its
assets on November 21, 2003. The fund surviving the merger is the
Merrill Lynch International Value V.I. Fund, a series of Merrill Lynch
Variable Series Fund, Inc. Legal expenses of $52,138.08 were deducted
from Applicant's assets prior to consummation of the merger. Other
merger related expenses of approximately $143,597.51 were paid by the
Applicant's investment adviser, Fund Assets Management, L.P.
Filing Date: The application was filed on November 30, 2005, as
amended.
Applicant's Address: 800 Scudders Mill Road, Plainsboro, NJ 08536.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Nancy M. Morris,
Secretary.
[FR Doc. E6-2957 Filed 3-1-06; 8:45 am]
BILLING CODE 8010-01-P
