Securities and Exchange Commission September 2, 2009 – Federal Register Recent Federal Regulation Documents

Summary of Application: Applicants seek an order under Section 6(c) of the Act to exempt certain transactions from the provisions of Sections 2(a)(32), 22(c), and 27(i)(2)(A) of the Act and Rule 22c-1 thereunder, to the extent necessary to permit the recapture, under specified circumstances, of certain contract enhancements applied to purchase payments made under the deferred variable annuity contracts described in the application that Jackson National has issued \1\ and will issue through the JNL Separate Account (the ``Contracts'') as well as other contracts that Jackson National may issue in the future through its existing or future separate accounts (``Other Accounts'') that are substantially similar in all material respects to the Contracts (``Future Contracts''). Applicants also request that the order being sought extend to any other Financial Industry Regulatory Authority (``FINRA'') member broker-dealer controlling or controlled by, or under common control with, Jackson National, whether existing or created in the future, that serves as distributor or principal underwriter for the Contracts or Future Contracts (``Affiliated Broker- Dealers'') and any successors in interest to the Applicants.