Proposed Collection; Comment Request, 6013 [E7-2086]
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Federal Register / Vol. 72, No. 26 / Thursday, February 8, 2007 / Notices
of the Code and section 302(d)(7) of
ERISA for plan years beginning on or
after January 1, 2007. As a result, in
accordance with section
4006(a)(3)(E)(iii)(II) of ERISA, the
required interest rate for plan years
beginning on or after January 1, 2007, is
100 percent of the annual rate of interest
determined by the Secretary of the
Treasury on amounts invested
conservatively in long-term investment
grade corporate bonds for the month
preceding the beginning of the plan year
for which premiums are being paid
(premium payment year).
On January 12, 2007 (at 72 FR 1564),
the Pension Benefit Guaranty
Corporation (PBGC) published a notice
informing the public of the interest rate
assumption to be used for determining
variable-rate premiums for premium
payment years beginning in January
2007. In light of IRS’s publication of the
updated mortality tables, that required
interest rate assumption has changed.
The required interest rate to be used
for determining variable-rate premiums
for premium payment years beginning
in January 2007 is 5.75 percent (i.e., 100
percent of the 5.75 percent composite
corporate bond rate for December 2006).
PBGC will post the revised required
interest rate on its Web site (https://
www.pbgc.gov).
Issued in Washington, DC, on this 5th day
of February 2007.
Vincent K. Snowbarger,
Interim Director, Pension Benefit Guaranty
Corporation.
[FR Doc. E7–2087 Filed 2–7–07; 8:45 am]
BILLING CODE 7709–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
jlentini on PROD1PC65 with NOTICES
Extension: Rule 10b–10, SEC File No. 270–
389, OMB Control No. 3235–0444.
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
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
VerDate Aug<31>2005
15:58 Feb 07, 2007
Jkt 211001
• Rule 10b–10; Confirmation of
Transactions.
Rule 10b–10 (17 CFR 240.10b–10) of
the Securities Exchange Act of 1934 (17
U.S.C. 78a et seq.) requires brokerdealers to convey basic trade
information to customers regarding their
securities transactions. This information
includes: the date and time of the
transaction, the identity and number of
shares bought or sold, and the trading
capacity of the broker-dealer. Depending
on the trading capacity of the brokerdealer, the Rule requires the disclosure
of commissions as well as mark-up and
mark-down information. For
transactions in debt securities, the Rule
requires the disclosure of redemption
and yield information. The Rule
potentially applies to all of the
approximately 6,014 firms registered
with the Commission that affect
transactions on behalf of customers.
The confirmations required by Rule
10b–10 are generally processed through
automated systems. It takes
approximately 1 minute to generate and
send a confirmation. It is estimated that
broker-dealers spend 77.4 million hours
per year complying with Rule 10b–10.
The Commission staff estimates the
costs of producing and sending a paper
confirmation, including postage, to be
approximately 91 cents. The
Commission staff also estimates that the
cost of producing and sending a wholly
electronic confirmation is
approximately 52 cents. The amount of
confirmations sent and the cost of
sending each confirmation varies from
firm to firm. Smaller firms generally
send fewer confirmations than larger
firms because they affect fewer
transactions.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Direct your written comments to R.
Corey Booth, Director/Chief Information
Officer, Securities and Exchange
Commission, C/O Shirley Martinson,
6432 General Green Way, Alexandria,
PO 00000
Frm 00055
Fmt 4703
Sfmt 4703
6013
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 60 days of
this notice.
Dated: January 31, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–2086 Filed 2–7–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–27695; File No. 812–13325]
Country Investors Life Assurance
Company, et al.
February 2, 2007.
Securities and Exchange
Commission (the ‘‘Commission’’).
ACTION: Notice of application for an
order pursuant to Section 26(c) of the
Investment Company Act of 1940, as
amended (the ‘‘1940 Act’’ or ‘‘Act’’),
approving certain substitutions of
securities.
AGENCY:
COUNTRY Investors Life
Assurance Company (the ‘‘Company’’),
COUNTRY Investors Variable Life
Account (the ‘‘Life Account’’) and
COUNTRY Investors Variable Annuity
Account (the ‘‘Annuity Account’’)
(together, the ‘‘Applicants’’)
APPLICANTS:
SUMMARY: Applicants seek an order
pursuant to Section 26(c) of the 1940
Act approving the substitution of: (1)
Shares of the EquiTrust High Grade
Bond Portfolio (‘‘Replacement Portfolio
A’’) of the EquiTrust Variable Insurance
Series Fund (the ‘‘EquiTrust Fund’’) for
shares of the COUNTRY VP Short-Term
Bond Fund (‘‘Replaced Portfolio A’’) of
the COUNTRY Mutual Funds Trust (the
‘‘COUNTRY Fund’’); and (2) shares of
the T. Rowe Price Personal Strategy
Balanced Portfolio (‘‘Replacement
Portfolio B’’) of the T. Rowe Price Equity
Series, Inc. (the ‘‘T. Rowe Price Fund’’)
for shares of the COUNTRY VP
Balanced Fund (‘‘Replaced Portfolio B’’)
of the COUNTRY Fund. Shares of
Replacement Portfolio A, Replacement
Portfolio B, Replaced Portfolio A, and
Replaced Portfolio B currently are held
by the Life Account and the Annuity
Account (each an ‘‘Account,’’ together,
the ‘‘Accounts’’) to support variable life
insurance or variable annuity contracts,
respectively, issued by the Company
(collectively, the ‘‘Contracts’’).
FILING DATE: The Application was filed
on September 5, 2006 and amended and
restated on January 24, 2007.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
E:\FR\FM\08FEN1.SGM
08FEN1
]]>Agencies
[Federal Register Volume 72, Number 26 (Thursday, February 8, 2007)]
[Notices]
[Page 6013]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-2086]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549.
Extension: Rule 10b-10, SEC File No. 270-389, OMB Control No. 3235-
0444.
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 (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 10b-10; Confirmation of Transactions.
Rule 10b-10 (17 CFR 240.10b-10) of the Securities Exchange Act of
1934 (17 U.S.C. 78a et seq.) requires broker-dealers to convey basic
trade information to customers regarding their securities transactions.
This information includes: the date and time of the transaction, the
identity and number of shares bought or sold, and the trading capacity
of the broker-dealer. Depending on the trading capacity of the broker-
dealer, the Rule requires the disclosure of commissions as well as
mark-up and mark-down information. For transactions in debt securities,
the Rule requires the disclosure of redemption and yield information.
The Rule potentially applies to all of the approximately 6,014 firms
registered with the Commission that affect transactions on behalf of
customers.
The confirmations required by Rule 10b-10 are generally processed
through automated systems. It takes approximately 1 minute to generate
and send a confirmation. It is estimated that broker-dealers spend 77.4
million hours per year complying with Rule 10b-10.
The Commission staff estimates the costs of producing and sending a
paper confirmation, including postage, to be approximately 91 cents.
The Commission staff also estimates that the cost of producing and
sending a wholly electronic confirmation is approximately 52 cents. The
amount of confirmations sent and the cost of sending each confirmation
varies from firm to firm. Smaller firms generally send fewer
confirmations than larger firms because they affect fewer transactions.
Written comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information shall
have practical utility; (b) the accuracy of the agency's estimates of
the burden of the proposed collection of information; (c) ways to
enhance the quality, utility and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Consideration will be given to comments and suggestions submitted in
writing within 60 days of this publication.
Direct your written comments to R. Corey Booth, Director/Chief
Information Officer, Securities and Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way, Alexandria, VA 22312 or send an e-
mail to: PRA--Mailbox@sec.gov. Comments must be submitted to OMB within
60 days of this notice.
Dated: January 31, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-2086 Filed 2-7-07; 8:45 am]
BILLING CODE 8010-01-P
