Search Results for citation:"86 FR 157"

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Search Results: citation:"86 FR 157"

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  • 2020-29201 — Sunshine Act Meetings
    Type:Notice
    Citation:86 FR 157
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) will hold a closed meeting on January 6, 2021, at 2:00 p.m. This meeting can be attended remotely or in person at the SEC headquarters in Washington, DC. During the meeting, they will discuss topics like starting and settling legal actions and administrative proceedings, and resolving litigation claims. This meeting is closed to the public, but the SEC may change the details if needed and will update their website accordingly. For more information, contact Vanessa A. Countryman.

    Simple Explanation

    The people in charge of making rules about money will have a secret meeting in Washington, DC, where they will talk about solving arguments and legal stuff, but nobody from the public can listen in.

  • 2020-29013 — Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940
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    Type:Notice
    Citation:86 FR 157
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) published a notice regarding two applicants, Premier Multi-Series VIT and SEI Insurance Products Trust, seeking orders to stop being classified as investment companies. Premier Multi-Series VIT made a final distribution to its shareholders on April 22, 2020, and incurred expenses of roughly $97,923 in this process. SEI Insurance Products Trust completed a similar process on September 28, 2020, costing around $21,512. Both companies filed official applications in 2020 to formalize their requests with the SEC.

    Simple Explanation

    The Securities and Exchange Commission (SEC) is sharing that two companies want to stop being called "investment companies" because they gave the money back to the people who put money in and then closed. They paid a lot of money to do this, but it's not clear why or how it was decided.