Document ID: SEC-2020-0764-0001
Agency: sec
Document Type: Rule
Title: Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts
Posted Date: 2020-05-13T04:00Z

[Federal Register Volume 85, Number 93 (Wednesday, May 13, 2020)]
[Rules and Regulations]
[Pages 28484-28488]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2020-05526]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Parts 200, 230, 232, 239, 240, 270, and 274

[Release Nos. 33-10765; 34-88358; IC-33814; File No. S7-23-18]
RIN 3235-AK60

Updated Disclosure Requirements and Summary Prospectus for 
Variable Annuity and Variable Life Insurance Contracts

Correction

    In rule document 2020-05526 in the issue of Friday, May 1, 2020, 
make the following corrections:
    1. On page 26058, in the first column, footnote 1056 should read 
``\1056\ The Commission recently adopted rules requiring registrants to 
include a hyperlink to each exhibit identified in the exhibit index in 
any registration statement or report that is required to include 
exhibits under 17 CFR 229.601 (Item 601 of Regulation S-K) or under 
Form F-10 or Form 20- F. In connection with this rulemaking, commenters 
indicated that hyperlinking would make it easier and reduce the amount 
of time required for investors to navigate to related documents. See 
Exhibit Hyperlinks and HTML Format, Release No. 34-80132 (Mar. 1, 2017) 
[82 FR 14130 (Mar. 17, 2017)] at nn.85 and 86. In 2019, the Commission 
adopted amendments to its investment company registration forms, 
including Forms N-3, N-4, and N-6, to require hyperlinks to exhibits 
required to be filed with the registration statement. See FAST Act 
Adopting Release, supra note 501.
    2. The table entitled ``Rule 498a PRA Estimates'' appearing on 
pages 26087-26089, should appear as follows:
BILLING CODE 1301-00-D

[[Page 28485]]

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[[Page 28486]]

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    \1\ The Proposing Release included an aggregate estimate of 
17,359 hours, which reflected a mathematical error. The table 
includes the corrected calculation based on the estimates in the 
Proposing Release.
    \2\ The Proposing Release included an aggregate estimated time 
cost equivalent of $5,565,971, which reflected a mathematical error 
relating to the estimated total annual burden hours. The table 
includes the corrected calculation based on the estimates in the 
Proposing Release.

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[FR Doc. C1-2020-05526 Filed 5-12-20; 8:45 am]
 BILLING CODE 1301-00-C