24636 Federal Register / Vol. 72, No. 85 / Thursday, May 3, 2007 / Notices 

Commission, Office of Filings and 

Information Services, Washington, DC 

20549. 

Extension: 

Rule 19d–3, SEC File No. 270–245, OMB 

Control No. 3235–0204. 

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’’) intends to submit to 

the Office of Management and Budget a 

request for extension of the previously 

approved collection of information 

discussed below. 

<bullet≤ Rule 19d–3 (17 CFR 

240.19d–3)—Applications for Review of 

Final Disciplinary Sanctions, Denials of 

Membership, Participation or 

Association, or Prohibitions or 

Limitations of Access to Services 

Imposed by Self-Regulatory 

Organizations. 

Rule 19d–3 under the Securities 

Exchange Act of 1934 (17 U.S.C. 78a et 

seq.) prescribes the form and content of 

applications to the Commission by 

persons desiring stays of final 

disciplinary sanctions and summary 

action of self-regulatory organizations 

(‘‘SROs’’) for which the Commission is 

the appropriate regulatory agency. The 

Commission uses the information 

provided in the application filed 

pursuant to Rule 19d–3 to review final 

actions taken by SROs including: (1) 

Disciplinary sanctions; (2) denials of 

membership, participation or 

association; and (3) prohibitions on or 

limitations of access to SRO services. 

It is estimated that approximately 15 

respondents will utilize this application 

procedure annually, with a total burden 

of 270 hours, for all respondents to 

complete all submissions. This figure is 

based upon past submissions. The staff 

estimates that the average number of 

hours necessary to comply with the 

requirements of Rule 19d–3 is 18 hours. 

The average cost per hour, to complete 

each submission, is approximately $101. 

Therefore, the total cost of compliance 

for all respondents is $27,270. (15 

submissions x 18 hours x $101 per 

hour). 

Written comments are invited on: (a) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s 

estimates of the burden of the proposed 

collection of information; (c) ways to 

enhance the quality, utility and clarity 

of the information to be collected; and 

(d) ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology. 

Consideration will be given to 

comments and suggestions submitted in 

writing within 60 days of this 

publication. 

Direct your written comments to R. 

Corey Booth, Director/Chief Information 

Officer, Securities and Exchange 

Commission, C/O Shirley Martinson, 

6432 General Green Way, Alexandria, 

VA 22312 or send an e-mail to: PRA— 

Mailbox@sec.gov. Comments must be 

submitted to OMB within 60 days of 

this notice. 

Dated: April 24, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–8428 Filed 5–2–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. IC–27806] 

Notice of Applications for 

Deregistration Under Section 8(f) of the 

Investment Company Act of 1940 

April 27, 2007. 

The following is a notice of 

applications for deregistration under 

section 8(f) of the Investment Company 

Act of 1940 for the month of April, 

2007. A copy of each application may be 

obtained for a fee at the SEC’s Public 

Reference Branch (tel. 202–551–5850). 

An order granting each application will 

be issued unless the SEC orders a 

hearing. Interested persons may request 

a hearing on any application by writing 

to the SEC’s Secretary at the address 

below and serving the relevant 

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 May 22, 2007, and should be 

accompanied by proof of service on the 

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 who wish to be notified of a 

hearing may request notification by 

writing to the Secretary, U.S. Securities 

and Exchange Commission, 100 F 

Street, NE.,Washington, DC 20549– 

1090. 

For Further Information Contact: 

Diane L. Titus at (202) 551–6810, SEC, 

Division of Investment Management, 

Office of Investment Company 

Regulation, 100 F Street, NE., 

Washington, DC 20549–4041. 

Stepstone Funds [File No. 811–6192] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. By April 25, 1997, 

applicant had transferred all of its assets 

to HighMark Funds, based on net asset 

value. Expenses of $27,400 incurred in 

connection with the reorganization were 

paid by Union Bank of California, N.A., 

the acquiring fund’s investment adviser. 

Filing Dates: The application was 

filed on January 31, 2003, and amended 

on April 11, 2007, and April 20, 2007. 

Applicant’s Address: 2 Oliver St., 

Boston, MA 02109. 

Morgan Stanley Aggressive Equity Fund 

[File No. 811–8471] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On December 8, 

2006, applicant transferred its assets to 

Morgan Stanley Capital Opportunities 

Trust, based on net asset value. 

Expenses of approximately $455,000 

incurred in connection with the 

reorganization were paid by Morgan 

Stanley Investment Advisors Inc., 

applicant’s investment adviser. 

Filing Date: The application was filed 

on March 30, 2007. 

Applicant’s Address: Morgan Stanley 

Investment Advisors Inc., 1221 Avenue 

of the Americas, New York, NY 10020. 

Morgan Stanley Growth Fund [File No. 

811–6551] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On October 20, 

2006, applicant transferred its assets to 

Morgan Stanley Focus Growth Fund, 

based on net asset value. Expenses of 

approximately $381,000 incurred in 

connection with the reorganization were 

paid by Morgan Stanley Investment 

Advisors Inc., applicant’s investment 

adviser. 

Filing Date: The application was filed 

on March 28, 2007. 

Applicant’s Address: Morgan Stanley 

Investment Advisors Inc., 1221 Avenue 

of the Americas, New York, NY 10020. 

DCM Series Trust [File No. 811–9527] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On January 27, 

2006, applicant made a liquidating 

distribution to its shareholders, based 

on net asset value. Expenses of $1,533 

incurred in connection with the 

liquidation were paid by applicant. 

Filing Date: The application was filed 

on April 4, 2007. 

Applicant’s Address: 7 Wells Ave., 

Newton, MA 02459. 

mmaher on DSK3CLS3C1PROD with $$_JOB

Federal Register / Vol. 72, No. 85 / Thursday, May 3, 2007 / Notices 24637 

ING Clarion Investors LLC [File No. 

811–21501] 

Summary: Applicant, a closed-end 

investment company, seeks an order 

declaring that it has ceased to be an 

investment company. Applicant has 

never made a public offering of its 

securities and does not propose to make 

a public offering or engage in business 

of any kind. 

Filing Dates: The application was 

filed on March 23, 2007, and amended 

on April 12, 2007. 

Applicant’s Address: 14 East 4th 

Street, New York, NY 10012. 

Rydex Capital Partners Sphinx Equity 

Long/Short Fund [File No. 811–21773] 

Summary: Applicant, a closed-end 

investment company, seeks an order 

declaring that it has ceased to be an 

investment company. Applicant has 

never made a public offering of its 

securities and does not propose to make 

a public offering or engage in business 

of any kind. 

Filing Dates: The application was 

filed on March 21, 2007, and amended 

on April 11, 2007. 

Applicant’s Address: 9601 Blackwell 

Rd., Suite 500, Rockville, MD 20850. 

Kobren Insight Funds [File No. 811– 

7813] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On November 17, 

2006, applicant transferred its assets to 

E*TRADE Funds, based on net asset 

value. Expenses of $321,385 incurred in 

connection with the reorganization were 

paid by E*TRADE Financial, parent 

company of the investment adviser for 

both applicant and the acquiring fund. 

Filing Dates: The application was 

filed on March 2, 2007, and amended on 

April 5, 2007. 

Applicant’s Address: 20 William St., 

Suite 310, Wellesley Hills, MA 02481. 

Kopp Funds, Inc. [File No. 811–8267] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On February 23, 

2007, applicant transferred its assets to 

corresponding series of American 

Century Mutual Funds, Inc. and 

American Century Quantitative Equity 

Funds, Inc., based on net asset value. 

Expenses of approximately $450,000 

incurred in connection with the 

reorganization were paid by Kopp 

Investment Advisors, LLC and 

American Century Investment 

Management, Inc., applicant’s 

investment advisers. 

Filing Dates: The application was 

filed on March 1, 2007, and amended on 

April 3, 2007. 

Applicant’s Address: 7701 France 

Ave. South, Suite 500, Edina, MN 

55435. 

Citigroup Alternative Investments 

Multi-Adviser Hedge Fund Portfolios 

(Series M) LLC [File No. 811–21999] 

Summary: Applicant, a closed-end 

investment company, seeks an order 

declaring that it has ceased to be an 

investment company. On December 29, 

2006, applicant transferred its assets to 

Citigroup Alternative Investments 

Multi-Adviser Hedge Fund Portfolios 

LLC, based on net asset value. Expenses 

of $326,343 incurred in connection with 

the reorganization were paid by 

applicant and Citigroup Alternative 

Investments LLC, applicant’s 

investment adviser. 

Filing Dates: The application was 

filed on January 17, 2007, and amended 

on April 5, 2007. 

Applicant’s Address: 731 Lexington 

Ave., 25th Floor, New York, NY 10022. 

INTRUST Funds Trust [File No. 811– 

7505] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On March 2, 2006, 

applicant transferred its assets to 

American Independence Funds Trust, 

based on net asset value. Expenses of 

$302,860 incurred in connection with 

the reorganization were paid by 

INTRUST Financial Services, Inc., 

applicant’s investment adviser. 

Filing Dates: The application was 

filed on February 26, 2007, and 

amended on March 28, 2007. 

Applicant’s Address: 3435 Stelzer 

Rd., Columbus, OH 43219. 

For the Commission, by the Division of 

Investment Management, pursuant to 

delegated authority. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–8426 Filed 5–2–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Public Law 94–409, that 

the Securities and Exchange 

Commission will hold the following 

meetings during the week of May 7, 

2007: 

An Open Meeting will be held on Monday, 

May, 7, 2007 at 9 a.m. in the Auditorium, 

Room L–002, and a Closed Meeting will be 

held Tuesday, May 8, 2007 at 2 p.m. 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the Closed Meeting. Certain 

staff members who have an interest in 

the matters may also be present. 

The General Counsel of the 

Commission, or his designee, has 

certified that, in his opinion, one or 

more of the exemptions set forth in 5 

U.S.C. 552b(c)(3), (5), (7), (9)(B), and 

(10) and 17 CFR 200.402(a)(3), (5), (7), 

9(ii) and (10), permit consideration of 

the scheduled matters at the Closed 

Meeting. 

Commissioner Casey, as duty officer, 

voted to consider the items listed for the 

closed meeting in closed session. 

The subject matter of the Open 

Meeting scheduled for Monday, May 7, 

2007 will be: 

The Commission will hold a roundtable 

discussion regarding shareholder rights and 

the federal proxy rules. The discussion will 

address the federal role in upholding 

shareholders’ state law rights, the purpose 

and effect of the federal proxy rules, nonbinding proposals under the proxy rules, and 

binding proposals under the proxy rules. 

The subject matter of the Closed 

Meeting scheduled for Tuesday, May 8, 

2007 will be: 

Formal orders of investigations; 

Institution and settlement of 

injunctive actions; 

Institution and settlement of 

administrative proceedings of an 

enforcement nature; an adjudicatory 

matter; and 

Other matters related to enforcement 

proceedings. 

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: April 30, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–8430 Filed 5–2–07; 8:45 am] 

BILLING CODE 8010–01–P 

mmaher on DSK3CLS3C1PROD with $$_JOB