[Federal Register Volume 62, Number 85 (Friday, May 2, 1997)]
[Corrections]
[Pages 24160-24161]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: X97-60502]


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SECURITIES AND EXCHANGE COMMISSION

17 CFR Parts 230, 239, 270, and 274

[Release Nos. 33-7398; 34-38346; IC 22528; S7-10-97]
RIN 3235-AE46


Registration Form Used by Open-End Management Investment 
Companies

Correction

    In proposed rule document 97-5368 beginning on page 10898, in the 
issue of Monday, March 10, 1997, make the following corrections:
    1. On page 10899, in columns two and three, footnotes 12 and 13, 
the word ``Release')'' should read ``Release'')''.

    2. On page 10900, in column one, in the fifth paragraph, in the 
sixth line, ``investors'' should read ``investors' ''.

    3. On page 10901, in column one, footnote 25, in the sixth line, 
``supra note.'' should read ``supra note 1.''

    4. On page 10902, in column three, footnote 44, in the fourth line, 
``infra notes- '' should read ``infra notes 109-112''.

    5. On page 10903, in column one, footnote 47 should read ``\47\ If 
applicable, a fund could indicate that its annual and semi-annual 
reports are available on its Internet site or by E-mail. In addition, a 
fund that provides its MDFP in the prospectus or a money market fund 
(which is not required to prepare a MDFP) would omit the second 
sentence of this disclosure.

Instruction 3 to proposed Item 2(b)(2) would require a fund to send, as 
applicable, the annual or semi-annual report within 3 business days of 
a request. The Commission views prompt delivery of the annual or semi-
annual report or SAI to those investors who request it to be imperative 
to the goal of promoting effective communication about funds. The 
Commission's Office

[[Page 24161]]

of Compliance Inspections and Examinations would examine a fund's 
compliance with the 3-day mailing requirement, and the Commission would 
bring an enforcement action in an appropriate case for failing to 
comply with the requirement. See also Profile Release, supra note 1 
(discussing the Commission's intention in connection with the profile 
initiative to monitor a fund's compliance with the proposed requirement 
to send the fund's prospectus within 3 days of a request).''
    6. On page 10914, in column two, footnote 178 should read ``\178\ 
See supra note 149.''
    7. On page 10915, in column three, footnote 194 ``supra note'' 
should read ``supra note 2.''

    8. On page 10916, in column one, in the fifth paragraph, in the 
l0th line ``(``NASD') '' should read ``(``NASD''). ''

    9. On page 10922, in column three, the amendatory instruction under 
``Part 230'' should be designated as: ``1. The authority....., 2. 
Revise....., and 3. Amend.....''.
    10. On page 10923, in column one, the amendatory instruction at the 
top of the page should be designated as: ``4. Amend......''.
    11. On the same page, in the same column, the amendatory 
instruction under ``Part 270'' should be designated as: ``7. The 
authority.....''.
    12. On page 10926, in column two, item 2 should read as 
follows:``Item 2. Risk/Return Summary: Investments, Risks, and 
Performance

    Include the following information in the same order and in the same 
or substantially similar question-and-answer format:''.
BILLING CODE 1505-01-D