[release No. Ic-28767; File No. 812-13495] – Federal Register Recent Federal Regulation Documents

Nationwide Life Insurance Company, et al.
Document Number: E9-14288
Type: Notice
Date: 2009-06-18
Agency: [release No. Ic-28767; File No. 812-13495], Securities and Exchange Commission, Agencies and Commissions
Summary of Application: Section 26 Applicants seek an order pursuant to Section 26(c) of the 1940 Act, approving the substitutions of certain securities (the ``Substitutions'') issued by certain management investment companies and held by Separate Accounts to support certain variable annuity contracts and variable life insurance contracts (the ``Contracts'') issued by Insurance Company Applicants. Section 17 Applicants seek an order pursuant to Section 17(b) of the 1940 Act exempting them from Section 17(a) of the 1940 Act to the extent necessary to permit them to effectuate the proposed Substitutions by redeeming a portion of the securities of one or more of the Existing Funds (as defined herein) in-kind and using those securities received to purchase shares of the Replacement Funds (as defined herein) (the ``In-Kind Transactions'').