Data Collection Available for Public Comments and Recommendations, 43673-43674 [E7-15183]

Download as PDF Federal Register / Vol. 72, No. 150 / Monday, August 6, 2007 / Notices management investment company and organized as a Massachusetts business trust, received an order (‘‘Existing Order’’) permitting certain series of the Original Trust that operate as ‘‘funds of funds’’ in reliance on section 12(d)(1)(G) of the Act to invest directly in other securities and financial instruments (‘‘Other Investments’’).1 The Existing Order excluded shares of any registered investment companies outside of the Original Trust’s group of investment companies from Other Investments. 2. Each New Trust is organized as a Massachusetts business trust or a Maryland corporation and is registered as an open-end management investment company under the Act. DIMA, an investment adviser registered under the Investment Advisers Act of 1940, serves as investment adviser to the New Funds and to the Original Trust. 3. Applicants request that the relief also apply to any other existing or future registered open-end management investment company or series thereof advised by DIMA or any entity controlling, controlled by, or under common control with DIMA (‘‘Upper Tier Funds’’). Any registered open-end management investment company (or series thereof) whose shares are purchased by an Upper Tier Fund, and which is part of the same group of investment companies, as defined in section 12(d)(1)(G)(ii) of the Act, as the Upper Tier Fund is referred to as ‘‘DWS Underlying Fund.’’ 2 4. Applicants propose that, in addition to DWS Underlying Funds and Other Investments, Upper Tier Funds be permitted to invest in securities of ‘‘Unaffiliated ETFs’’ either within the limits of sections 12(d)(1)(A) and (B) of the Act or in excess of those limits in reliance on exemptive orders obtained by such ‘‘Unaffiliated ETFs.’’ ‘‘Unaffiliated ETFs’’ are open-end management investment companies or unit investment trusts registered under the Act that operate as exchange-traded funds and are not part of the same group of investment companies as the Upper Tier Fund. sroberts on PROD1PC70 with NOTICES Applicants’ Legal Analysis 1. Section 12(d)(1)(A) of the Act provides that no registered investment company (‘‘acquiring company’’) may acquire securities of another investment 1 Morgan Grenfell Investment Trust et al., Investment Company Act Release Nos. 25063 (July 13, 2001) (notice) and 25105 (August 9, 2001) (order). 2 All existing Upper Tier Funds and DWS Underlying Funds currently intending to rely on the requested order are named as applicants, and any other entity that relies on the order in the future will do so only in accordance with the terms and conditions of the application. VerDate Aug<31>2005 19:38 Aug 03, 2007 Jkt 211001 company (‘‘acquired company’’) if such securities represent more than 3% of the acquired company’s outstanding voting stock or more than 5% of the acquiring company’s total assets, or if such securities, together with the securities of other investment companies, represent more than 10% of the acquiring company’s total assets. Section 12(d)(1)(B) of the Act provides that no registered open-end investment company may sell its securities to another investment company if the sale will cause the acquiring company to own more than 3% of the acquired company’s voting stock, or cause more than 10% of the acquired company’s voting stock to be owned by investment companies. 2. Section 12(d)(1)(G) of the Act provides that section 12(d)(1) will not apply to securities of an acquired company purchased by an acquiring company if: (i) The acquiring company and the acquired company are part of the same group of investment companies; (ii) the acquiring company holds only securities of acquired companies that are part of the same group of investment companies, government securities, and short-term paper; (iii) the aggregate sales loads and distribution-related fees of the acquiring company and the acquired company are not excessive under rules adopted pursuant to section 22(b) or section 22(c) of the Act by a securities association registered under section 15A of the Securities Exchange Act of 1934 or by the Commission; and (iv) the acquired company has a policy that prohibits it from acquiring securities of registered open-end management investment companies or registered unit investment trusts in reliance on section 12(d)(1)(F) or (G). Applicants state that the proposed arrangement would comply with the provisions of section 12(d)(1)(G), but for the fact that an Upper Tier Fund’s investments will include shares of one or more DWS Underlying Funds as well as Other Investments and Unaffiliated ETFs. 3. Section 12(d)(1)(J) of the Act provides that the Commission may exempt persons or transactions from any provision of section 12(d)(1) if, and to the extent that, the exemption is consistent with the public interest and the protection of investors. Applicants request an order under section 12(d)(1)(J) exempting them from section 12(d)(1)(G)(i)(II). Applicant state that investments in securities of Unaffiliated ETFs in excess of the limits of sections 12(d)(1)(A) and (B) would be subject to all of the terms and conditions contained in exemptive orders obtained by such Unaffiliated ETFs. Applicants PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 43673 therefore assert that the ability of each Upper Tier Fund to invest in securities of Unaffiliated ETFs would not give rise to any of the concerns that the prohibitions of sections 12(d)(1)(A) and (B) or the requirements of section 12(d)(1)(G) were designed to address. Applicants’ Conditions Applicants agree that any order granting the requested relief will supercede the Existing Order and will be subject to the following conditions: 1. Applicants will comply with all provisions of section 12(d)(1)(G) of the Act, except for section 12(d)(1)(G)(i)(II) to the extent that it restricts an Upper Tier Fund from investing in Other Investments and Unaffiliated ETFs, as described in the application. 2. Before approving any advisory contract under section 15 of the Act, the board of directors or trustees of each Upper Tier Fund, including a majority of the disinterested board members, will find that the advisory fees, if any, charged under such contract are based on services provided that are in addition to, rather than duplicative of, services provided pursuant to any DWS Underlying Fund’s or Unaffiliated ETF’s advisory contract. Such finding, and the basis upon which the finding was made, will be recorded fully in the minute books of the Upper Tier Fund. For the Commission, by the Division of Investment Management, under delegated authority. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–15180 Filed 8–3–07; 8:45 am] BILLING CODE 8010–01–P SMALL BUSINESS ADMINISTRATION Data Collection Available for Public Comments and Recommendations Notice and request for comments. ACTION: SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this notice announces the Small Business Administration’s intentions to request approval on a new and/or currently approved information collection. DATES: Submit comments on or before October 5, 2007. ADDRESSES: Send all comments regarding whether this information collection is necessary for the proper performance of the function of the agency, whether the burden estimates are accurate, and if there are ways to minimize the estimated burden and enhance the quality of the collection, to E:\FR\FM\06AUN1.SGM 06AUN1 43674 Federal Register / Vol. 72, No. 150 / Monday, August 6, 2007 / Notices Pamela Fenderson, Program Analyst, Office of Business Development, Small Business Administration, 409 3rd Street SW., Suite 8300, Washington, DC 20416. FOR FURTHER INFORMATION CONTACT: Pamela Fenderson, Program Analyst, Office of Business Development, 202– 205–7408 pamela.fenderson@sba.gov Curtis B. Rich, Management Analyst, 202–205–7030 curtis.rich@sba.gov. SUPPLEMENTARY INFORMATION: Title: ‘‘8(a) Annual Update’’. Description of Respondents: 8(a) Program Participants. Form No’s: 1450. Annual Responses: 6,700. Annual Burden: 7,258. Jacqueline White, Chief, Administrative Information Branch. [FR Doc. E7–15183 Filed 8–3–07; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #10927 and #10928] Oklahoma Disaster Number OK–00012 U.S. Small Business Administration. ACTION: Amendment 2. sroberts on PROD1PC70 with NOTICES AGENCY: SUMMARY: This is an amendment of the Presidential declaration of a major disaster for the State of Oklahoma (FEMA–1712–DR), dated 07/07/2007. Incident: Severe Storms, Flooding, and Tornadoes. Incident Period: 06/10/2007 and continuing through 07/25/2007. Effective Date: 07/25/2007. Physical Loan Application Deadline Date: 09/05/2007. EIDL Loan Application Deadline Date: 04/07/2008. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for the State of Oklahoma, dated 07/07/2007 is hereby amended to establish the incident period for this disaster as beginning 06/10/2007 and continuing through 07/25/2007. All other information in the original declaration remains unchanged. VerDate Aug<31>2005 19:38 Aug 03, 2007 Jkt 211001 (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Herbert L. Mitchell, Associate Administrator for Disaster Assistance. [FR Doc. E7–15184 Filed 8–3–07; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION Disaster Declaration #10958 and #0959; Wisconsin Disaster #WI–00009 U.S. Small Business Administration. ACTION: Notice. AGENCY: Homeowners With Credit Available Elsewhere ......................... Homeowners Without Credit Available Elsewhere .................. Businesses With Credit Available Elsewhere ................................. Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere .................. PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 Other (Including Non-Profit Organizations) With Credit Available Elsewhere ................................. Businesses And Non-Profit Organizations Without Credit Available Elsewhere ......................... 5.250 4.000 The number assigned to this disaster for physical damage is 10958 6 and for economic injury is 10959 0. The States which received an EIDL Declaration # are Wisconsin, Illinois, and Iowa. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) This is a notice of an Administrative declaration of a disaster for the State of Wisconsin dated July 30, 2007. Incident: Severe storms and flooding. Incident Period: July 18, 2007. Effective Date: July 30, 2007. Physical Loan Application Deadline Date: September 28, 2007. Economic Injury (Eidl) Loan Application Deadline Date: April 30, 2008. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the Administrator’s disaster declaration, applications for disaster loans may be filed at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Grant Contiguous Counties: Wisconsin Crawford, Iowa, Lafayette, Richland Iowa Clayton, Dubuque. Illinois Jo Daviess The Interest Rates are: SUMMARY: Percent Dated: July 30, 2007. Steven C. Preston, Administrator. [FR Doc. E7–15185 Filed 8–3–07; 8:45 am] BILLING CODE 8025–01–P SOCIAL SECURITY ADMINISTRATION Agency Information Collection Activities: Proposed Request and Comment Request The Social Security Administration (SSA) publishes a list of information collection packages that will require clearance by the Office of Management and Budget (OMB) in compliance with Public Law 104–13, the Paperwork Reduction Act of 1995, effective October 1, 1995. The information collection packages that may be included in this notice are for new information collections, approval of existing information collections, revisions to OMB-approved information collections, and extensions (no change) of OMBapproved information collections. SSA is soliciting comments on the accuracy of the agency’s burden estimate; the need for the information; its practical utility; ways to enhance its quality, utility, and clarity; and on ways to minimize burden on respondents, including the use of automated collection techniques or other forms of information technology. Written comments and recommendations regarding the information collection(s) should be submitted to the OMB Desk Officer and the SSA Reports Clearance Officer. The information can be mailed, Percent faxed or emailed to the individuals at the addresses and fax numbers listed below: 5.750 (OMB), Office of Management and Budget, Attn: Desk Officer for SSA, Fax: 2.875 202–395–6974, E-mail address: 8.000 OIRA_Submission@omb.eop.gov. (SSA), Social Security Administration, DCBFM, Attn: Reports 4.000 Clearance Officer, 1333 Annex Building, E:\FR\FM\06AUN1.SGM 06AUN1

Agencies

[Federal Register Volume 72, Number 150 (Monday, August 6, 2007)]
[Notices]
[Pages 43673-43674]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-15183]


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SMALL BUSINESS ADMINISTRATION


Data Collection Available for Public Comments and Recommendations

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Small Business Administration's intentions to 
request approval on a new and/or currently approved information 
collection.

DATES: Submit comments on or before October 5, 2007.

ADDRESSES: Send all comments regarding whether this information 
collection is necessary for the proper performance of the function of 
the agency, whether the burden estimates are accurate, and if there are 
ways to minimize the estimated burden and enhance the quality of the 
collection, to

[[Page 43674]]

Pamela Fenderson, Program Analyst, Office of Business Development, 
Small Business Administration, 409 3rd Street SW., Suite 8300, 
Washington, DC 20416.

FOR FURTHER INFORMATION CONTACT: Pamela Fenderson, Program Analyst, 
Office of Business Development, 202-205-7408 pamela.fenderson@sba.gov 
Curtis B. Rich, Management Analyst, 202-205-7030 curtis.rich@sba.gov.

SUPPLEMENTARY INFORMATION:
    Title: ``8(a) Annual Update''.
    Description of Respondents: 8(a) Program Participants.
    Form No's: 1450.
    Annual Responses: 6,700.
    Annual Burden: 7,258.

Jacqueline White,
Chief, Administrative Information Branch.
[FR Doc. E7-15183 Filed 8-3-07; 8:45 am]
BILLING CODE 8025-01-P
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