Oversight of Credit Rating Agencies Registered as Nationally Recognized Statistical Rating Organizations
The Commission is proposing for comment rules to implement provisions of the Credit Rating Agency Reform Act of 2006 (the ``Act''), enacted on September 29, 2006. The Act defines the term ``nationally recognized statistical rating organization,'' provides authority for the Commission to implement registration, recordkeeping, financial reporting, and oversight rules with respect to registered credit rating agencies, and directs the Commission to issue final implementing rules no later than 270 days after its enactment (or by June 26, 2007).
Country Investors Life Assurance Company, et al.
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'').
Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
Applicant seeks an order declaring that it has ceased to be an investment company. On June 18, 2005, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $32,088 incurred in connection with the liquidation were paid by applicant. Filing Date: The application was filed on January 11, 2007. Applicant's Address: One Federal St., Boston, MA 02110.