Federal Register / Vol. 71, No. 169 / Thursday, August 31, 2006 / Notices 51877 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 15 U.S.C. 78s(b)(3)(A)(i). 

4 17 CFR 240.19b–4(f)(1). 

5The MSRB is also proposing corresponding 

revisions to the Series 51 question bank, but based 

upon instructions from the Commission staff, the 

MSRB is submitting SR–MSRB–2006–06 for 

immediate effectiveness pursuant to Section 

19(b)(3)(A)(i) of the Act and Rule 19b–4(f)(1) 

thereunder, and is not filing the question bank for 

Commission review. See letter to Diane G. Klinke, 

General Counsel, MSRB, from Belinda Blaine, 

Associate Director, Division of Market Regulation, 

SEC, dated July 24, 2000. The question bank is 

available for Commission review. 

6 15 U.S.C. 78o–4(b)(2)(A). 

Management Advisors, LLC, applicant’s 

investment adviser. 

Filing Dates: The application was 

filed on June 23, 2006, and amended on 

July 17, 2006. 

Applicant’s Address: 1301 SW Fifth 

Ave., Portland, OR 97201. 

Columbia Funds Trust I [File No. 811–

2214] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On March 27, 

2006, applicant transferred its assets to 

a corresponding series of Columbia 

Funds Series Trust I, based on net asset 

value. Expenses of approximately 

$114,620 incurred in connection with 

the reorganization were paid by 

Columbia Management Advisors, LLC, 

applicant’s investment adviser. 

Filing Date: The application was filed 

on June 23, 2006. 

Applicant’s Address: One Financial 

Center, Boston, MA 02111. 

Meeder Advisor Funds [File No. 811–

6720] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On December 27, 

2004, applicant made a liquidating 

distribution to its shareholders, based 

on net asset value. Expenses of less than 

$100 incurred in connection with the 

liquidation were paid by applicant. A 

notice of the filing of the application, 

which contained certain erroneous 

information, was previously issued on 

June 30, 2006 (Investment Company Act 

Release No. 27418). 

Filing Dates: The application was 

filed on July 8, 2004, and amended on 

June 13, 2006 and August 21, 2006. 

Applicant’s Address: 6125 Memorial 

Dr., Dublin, OH 43017. 

For the Commission, by the Division of 

Investment Management, pursuant to 

delegated authority. 

Nancy M. Morris, 

Secretary. 

[FR Doc. E6–14500 Filed 8–30–06; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: [71 FR 50109, August 

24, 2006]. 

STATUS: Closed Meeting. 

PLACE: 100 F Street, NW., Washington, 

DC. 

DATE AND TIME OF PREVIOUSLY ANNOUNCED

MEETING: Tuesday, August 29, 2006 at 10 

a.m. 

CHANGE IN THE MEETING: Deletion of Item. 

The following item will not be 

considered during the Closed Meeting 

on Tuesday, August 29, 2006: 

Requests for information in an 

investigative file. 

The Commission determined that no 

earlier notice thereof was possible. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. For further 

information and to ascertain what, if 

any, matters have been added, deleted 

or postponed, please contact the Office 

of the Secretary at (202) 551–5400. 

Dated: August 29, 2006. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 06–7387 Filed 8–29–06; 3:42 pm] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–54357; File No. SR–MSRB–

2006–06] 

Self-Regulatory Organizations; 

Municipal Securities Rulemaking 

Board; Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change Relating to Revisions to the 

Series 51 Examination Program 

August 24, 2006. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on August 

11, 2006, the Municipal Securities 

Rulemaking Board (‘‘MSRB’’ or 

‘‘Board’’), filed with the Securities and 

Exchange Commission (‘‘Commission’’

or ‘‘SEC’’) the proposed rule change as 

described in Items I, II and III below, 

which Items have been prepared by the 

MSRB. The MSRB has designated the 

proposed rule change as constituting a 

stated policy, practice, or interpretation 

with respect to the meaning, 

administration, or enforcement of an 

existing rule of the self-regulatory 

organization pursuant to Section 

19(b)(3)(A)(i) of the Act,3 and Rule 19b–

4(f)(1) thereunder,4 which renders the 

proposal effective upon filing with the 

Commission. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The MSRB is filing with the 

Commission revisions to the study 

outline for the Municipal Fund 

Securities Limited Principal 

Qualification Examination (Series 51) 

program.5 The proposed revisions 

update the material to reflect changes to 

the rules and regulations covered in the 

examination, and to provide more 

explicit references to these rules and 

regulations. The MSRB is not proposing 

any textual changes to its rules. 

The revised study outline is available 

on the MSRB’s Web site (http:// 

www.msrb.org), at the MSRB’s principal 

office, and at the Commission’s Public 

Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

MSRB included statements concerning 

the purpose of and basis for the 

proposed rule change and discussed any 

comments it received on the proposed 

rule change. The text of these statements 

may be examined at the places specified 

in Item IV below. The MSRB has 

prepared summaries, set forth in 

Sections A, B, and C below, of the most 

significant aspects of such statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Section 15B(b)(2)(A) of the Act 6

authorizes the MSRB to prescribe 

standards of training, experience, 

competence, and such other 

qualifications as the Board finds 

necessary or appropriate in the public 

interest or for the protection of 

investors. The MSRB has developed 

examinations that are designed to 

establish that persons associated with 

brokers, dealers and municipal 

securities dealers that effect transactions 

in municipal securities have attained 

specified levels of competence and 


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