[Federal Register Volume 60, Number 132 (Tuesday, July 11, 1995)]
[Notices]
[Pages 35779-35780]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16928]
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SECURITIES AND EXCHANGE COMMISSION
[Rel. No. IC-21178; 811-2921]
Pioneer Money Market Account, Inc. (Formerly Mutual of Omaha
Money Market Account, Inc.); Notice of Application
June 30, 1995.
AGENCY: Securities and Exchange Commission (``SEC'').
ACTION: Notice of application for deregistration under the Investment
Company Act of 1940 (the ``Act'').
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APPLICANT: Pioneer Money Market Account, Inc.
RELEVANT ACT SECTION: Section 8(f).
SUMMARY OF APPLICATION: Applicant requests an order declaring that it
has ceased to be an investment company.
FILING DATE: The application was filed on June 19, 1995.
HEARING OR NOTIFICATION OF HEARING: An order granting the application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing by writing to the SEC's Secretary and serving
applicant with a copy of the request, personally or by mail. Hearing
requests should be received by the SEC by 5:30 p.m. on July 25, 1995,
and should be accompanied by proof of service on applicant, in the form
of an affidavit or, for lawyers, a certificate of service. Hearing
requests should state the nature of the writer's interest, the reason
for the request, and the issues contested. Persons may request
notification of a hearing by writing to the SEC's Secretary.
ADDRESSES: Secretary, SEC, 450 5th Street, N.W., Washington, D.C.
20549. Applicant, 60 State Street, Boston, MA 02109.
FOR FURTHER INFORMATION CONTACT:
Elaine M. Boggs, Staff Attorney, at (202) 942-0572, or Robert A.
Robertson, Branch Chief, at (202) 942-0564 (Division of Investment
Management, Office of Investment Company Regulation).
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee at the
SEC's Public Reference Branch.
Applicant's Representations
1. Applicant is an open-end management investment company that
[[Page 35780]]
was organized as a Nebraska corporation. On July 27, 1979, applicant
registered under the Act as an investment company. Applicant filed a
registration statement to register its shares under the Securities Act
of 1933 on July 5, 1979. The registration statement which was declared
effective on July 27, 1979, and an initial public offering commenced
shortly thereafter. On April 6, 1994, applicant filed an amendment to
its registration statement under the Act reflecting a change in its
corporate name.
2. On April 11, 1994, applicant's board of directors approved an
agreement and plan of reorganization (the ``Plan'') between applicant
and Pioneer Money Market Trust (the ``Trust'') on behalf of Cash
Reserves Fund (``Cash Reserves''). Cash Reserves is a series of the
Trust and is a registered management investment company. On the same
date, the board of directors made the findings required by rule 17a-8
under the Act.\1\
\1\ Rule 17a-8 provides an exemption from section 17(a) for
certain reorganizations among registered investment companies that
may be affiliated persons, or affiliated persons of an affiliated
person, solely by reason of having a common investment adviser,
common directors, and/or common officers.
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3. On April 15, 1994, applicant distributed proxy materials to its
shareholders. At a meeting held on June 21, 1994, applicant's
shareholders approved the reorganization.
4. Pursuant to the Plan, on June 30, 1995, applicant transferred
all of its assets and liabilities to Cash Reserves in exchange for
shares of Cash Reserves with an aggregate net asset value equal to the
net asset value of applicant. Immediately thereafter, applicant
distributed shares of Cash Reserves received in connection with the
reorganization to its shareholders on a pro rata basis. On the date of
the reorganization, applicant had 106,188,627.16 shares outstanding,
having an aggregate net asset value of $106,188,627.15 and a per share
net asset value of $1.00.
5. Applicant and Cash Reserves each assumed their own expenses in
connection with the reorganization. Legal, accounting, and printing and
mailing expenses in the approximate amounts of $10,000, $2,500, and
$31,700, respectively were borne by applicant. Cash Reserves had legal
expenses of $500 in connection with the reorganization.
6. There are no securityholders to whom distributions in complete
liquidation of their interests have not been made. Applicant has no
debts or other liabilities that remain outstanding. Applicant is not a
party to any litigation or administrative proceeding.
7. Applicant was dissolved as a Nebraska corporation pursuant to
articles of dissolution, dated March 20, 1995, filed with the State of
Nebraska.
8. Applicant is not now engaged, nor does it propose to engage, in
any business activities other than those necessary for the winding up
of its affairs.
For the SEC, by the Division of Investment Management, pursuant
to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 95-16928 Filed 7-10-95; 8:45 am]
BILLING CODE 8010-01-M
