Securities and Exchange Commission September 28, 2011 – Federal Register Recent Federal Regulation Documents

DFA Investment Dimensions Group Inc., et al.; Notice of Application
Document Number: 2011-24920
Type: Notice
Date: 2011-09-28
Agency: Securities and Exchange Commission, Agencies and Commissions
Summary of Application: Applicants request an order to permit open-end management investment companies relying on rule 12d1-2 under the Act to invest in certain financial instruments.
Fifth Third Funds, et al.; Notice of Application
Document Number: 2011-24919
Type: Notice
Date: 2011-09-28
Agency: Securities and Exchange Commission, Agencies and Commissions
Summary of the Application: The requested order would (a) permit certain registered open-end management investment companies that operate as ``funds of funds'' to acquire shares of certain registered open-end management investment companies and unit investment trusts (``UITs'') that are within and outside the same group of investment companies as the acquiring investment companies, and (b) permit funds of funds relying on rule 12d1-2 under the Act to invest in certain financial instruments.
The Singapore Fund, Inc.; Notice of Application
Document Number: 2011-24869
Type: Notice
Date: 2011-09-28
Agency: Securities and Exchange Commission, Agencies and Commissions
Summary of Application: Applicant seeks an order that would permit in-kind repurchases of shares of the Fund held by certain affiliated shareholders of the Fund.
Prohibition Against Conflicts of Interest in Certain Securitizations
Document Number: 2011-24404
Type: Proposed Rule
Date: 2011-09-28
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission (``Commission'') is proposing for comment a new rule under the Securities Act of 1933 (``Securities Act'') to implement the prohibition under Section 621 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (``Dodd-Frank Act'') on material conflicts of interest in connection with certain securitizations. Proposed Rule 127B under the Securities Act would prohibit certain persons who create and distribute an asset- backed security, including a synthetic asset-backed security, from engaging in transactions, within one year after the date of the first closing of the sale of the asset-backed security, that would involve or result in a material conflict of interest with respect to any investor in the asset-backed security. The proposed rule also would provide exceptions from this prohibition for certain risk-mitigating hedging activities, liquidity commitments, and bona fide market-making.