55812 Federal Register / Vol. 71, No. 185 / Monday, September 25, 2006 / Notices 

and (ii) R. Corey Booth, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov. 

Comments must be submitted to OMB 

within 30 days of this notice. 

Dated: September 18, 2006. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 06–8136 Filed 9–22–06; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Filings and 

Information Services, Washington, DC 

20549. 

Extension: 

Rule 17a–11 SEC File No. 270–94 OMB 

Control No. 3235–0085 

Notice is hereby given that pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 

and Exchange Commission 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget a 

request for an extension of the 

previously approved collection of 

information discussed below. 

In response to an operational crisis in 

the securities industry between 1967 

and 1970, the Securities and Exchange 

Commission (‘‘Commission’’) adopted 

Rule 17a–11 (17 CFR 240.17a–11) under 

the Securities Exchange Act of 1934 (15 

U.S.C. 78a et seq.) (‘‘Exchange Act’’) on 

July 11, 1971. The Rule requires brokerdealers that are experiencing financial 

or operational difficulties to provide 

notice to the Commission, the brokerdealer’s designated examining authority 

(‘‘DEA’’), and the Commodity Futures 

Trading Commission (‘‘CFTC’’) if the 

broker-dealer is registered with the 

CFTC as a futures commission 

merchant. Rule 17a–11 is an integral 

part of the Commission’s financial 

responsibility program which enables 

the Commission, a broker-dealer’s DEA, 

and the CFTC to increase surveillance of 

a broker-dealer experiencing difficulties 

and to obtain any additional 

information necessary to gauge the 

broker-dealer’s financial or operational 

condition. 

Rule 17a–11 also requires over-thecounter (‘‘OTC’’) derivatives dealers and 

broker-dealers that are permitted to 

compute net capital pursuant to 

Appendix E to Exchange Act Rule 15c3–

1 to notify the Commission when their 

tentative net capital drops below certain 

levels. OTC derivatives dealers must 

also provide notice to the Commission 

of backtesting exceptions identified 

pursuant to Appendix F of Rule 15c3–

1 (17 CFR 240.15c3–1f). 

Compliance with the Rule is 

mandatory. The Commission will 

generally not publish or make available 

to any person notice or reports received 

pursuant to Rule 17a–11. The 

Commission believes that information 

obtained under Rule 17a–11 relates to a 

condition report prepared for the use of 

the Commission, other Federal 

governmental authorities, and securities 

industry self-regulatory organizations 

responsible for the regulation or 

supervision of financial institutions. 

Only broker-dealers whose capital 

declines below certain specified levels 

or who are otherwise experiencing 

financial or operational problems have a 

reporting burden under Rule 17a–11. In 

2005, the Commission received 

approximately 600 notices under this 

Rule. The Commission did not receive 

any Rule 17a–11 notices from OTC 

derivatives dealers or broker-dealers 

that are permitted to compute net 

capital pursuant to Appendix E to 

Exchange Act Rule 15c3–1. 

Each broker-dealer reporting pursuant 

to Rule 17a–11 will spend 

approximately one hour preparing and 

transmitting the notice required by the 

Rule. Accordingly, the total estimated 

annualized burden under Rule 17a–11 is 

600 hours. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

Comments regarding the estimated 

burden hours should be directed to: (i) 

The Desk Officer for the Securities and 

Exchange Commission, Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

e-mail to David_Rostker@omb.eop.gov; 

and (ii) R. Corey Booth, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, VA 22312, or by e-mail to 

PRA_Mailbox@sec.gov. Comments must 

be submitted to the Office of 

Management and Budget within 30 days 

of this notice. 

Dated: September 18, 2006. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 06–8137 Filed 9–22–06; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

27485; 812–13302] 

Northwestern Mutual Series Fund, Inc. 

and Mason Street Advisors, LLC; 

Notice of Application 

September 19, 2006. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice of an application under 

section 6(c) of the Investment Company 

Act of 1940 (‘‘Act’’) for an exemption 

from section 15(a) of the Act and rule 

18–2 under the Act, as well as certain 

disclosure requirements. 

SUMMARY OF APPLICATION: Applicants 

request an order that would permit them 

to enter into and materially amend subadvisory agreements without 

shareholder approval and would grant 

relief from certain disclosure 

requirements. 

APPLICANTS: Northwestern Mutual Series 

Fund, Inc. (the ‘‘Company’’) and Mason 

Street Advisors, LLC (the ‘‘Adviser’’). 

FILING DATES: The application was filed 

on June 14, 2006, and amended on 

September 8, 2006. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the application will be 

issued unless the Commission orders a 

hearing. Interested persons may request 

a hearing by writing to the 

Commission’s Secretary and serving 

applicants with a copy of the request, 

personally or by mail. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on October 16, 2006, and 

should be accompanied by proof of 

service on the applicants, 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 Commission’s Secretary. 

ADDRESSES: Secretary, U.S. Securities 

and Exchange Commission, 100 F 

Street, NE., Washington, DC 20549–

1090. Applicants, c/o Randy Pavlick, 

Esq., Northwestern Mutual Series Fund, 

Inc., 720 East Wisconsin Avenue, 

Milwaukee, WI 53202. 

FOR FURTHER INFORMATION CONTACT: 

Stacy L. Fuller, Branch Chief, at (202) 


rwilkins on PROD1PC63 with NOTICES