C1-2020-05526. Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts  

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    Correction

    In rule document 2020-05526 in the issue of Friday, May 1, 2020, make the following corrections:

    1. On page 26058, in the first column, footnote 1056 should read “1056 The Commission recently adopted rules requiring registrants to include a hyperlink to each exhibit identified in the exhibit index in any registration statement or report that is required to include exhibits under 17 CFR 229.601 (Item 601 of Regulation S-K) or under Form F-10 or Form 20- F. In connection with this rulemaking, commenters indicated that hyperlinking would make it easier and reduce the amount of time required for investors to navigate to related documents. See Exhibit Hyperlinks and HTML Format, Release No. 34-80132 (Mar. 1, 2017) [82 FR 14130 (Mar. 17, 2017)] at nn.85 and 86. In 2019, the Commission adopted amendments to its investment company registration forms, including Forms N-3, N-4, and N-6, to require hyperlinks to exhibits required to be filed with the registration statement. See FAST Act Adopting Release, supra note 501.

    2. The table entitled “Rule 498a PRA Estimates” appearing on pages 26087-26089, should appear as follows:

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    Footnotes

    1.  The Proposing Release included an aggregate estimate of 17,359 hours, which reflected a mathematical error. The table includes the corrected calculation based on the estimates in the Proposing Release.

    2.  The Proposing Release included an aggregate estimated time cost equivalent of $5,565,971, which reflected a mathematical error relating to the estimated total annual burden hours. The table includes the corrected calculation based on the estimates in the Proposing Release.

    Back to Citation

    BILLING CODE 1301-00-D

    [FR Doc. C1-2020-05526 Filed 5-12-20; 8:45 am]

    BILLING CODE 1301-00-C

Document Information

Published:
05/13/2020
Department:
Securities and Exchange Commission
Entry Type:
Rule
Document Number:
C1-2020-05526
Pages:
28484-28488 (5 pages)
Docket Numbers:
Release Nos. 33-10765, 34-88358, IC-33814, File No. S7-23-18
RINs:
3235-AK60: Enhanced Disclosure for Separate Accounts Registered as Unit Investment Trusts and Offering Variable Insurance Products
RIN Links:
https://www.federalregister.gov/regulations/3235-AK60/enhanced-disclosure-for-separate-accounts-registered-as-unit-investment-trusts-and-offering-variable
PDF File:
C1-2020-05526.Pdf
CFR: (7)
17 CFR 200
17 CFR 230
17 CFR 232
17 CFR 239
17 CFR 240
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