

[Federal Register: June 18, 2007 (Volume 72, Number 116)]
[Notices]               
[Page 33545-33546]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18jn07-87]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Sunshine Act Meeting

Federal Register Citation of Previous Announcement: [To be published].

Status: Open Meetings.

Place: 100 F Street, NE., L-002, Auditorium, Washington, DC.

[[Page 33546]]


Announcement of Additional Meetings: Open Meetings.
    The Commission has scheduled Open Meetings on Tuesday, June 19, 
2007 at 9 a.m. and Wednesday, June 20, 2007 at 10 a.m., in the 
Auditorium, Room L-002.
    The subject matter of the Open Meeting on Tuesday, June 19, 2007 
will be:
    The Commission will hold a roundtable discussion regarding rule 
12b-1 under the Investment Company of 1940. The discussion will 
address: (i) The historical circumstances that led to the adoption of 
rule 12b-1, and the original intended purpose of the rule; (ii) the 
rule's current role in fund distribution practices; (iii) the costs and 
benefits of the current use of rule 12b-1; and (iv) the options for 
reform or rescission of rule 12b-1.
    The subject matter of the Open Meeting on Wednesday, June 20, 2007 
will be:
    1. The Commission will consider whether to adopt amendments to 
expand its interactive data voluntary reporting program to permit 
mutual funds to submit as exhibits to their registration statements 
supplemental tagged information contained in the risk/return summary 
section of their prospectuses. The risk/return summary section contains 
key mutual fund information, including investment objectives and 
strategies, risks, and costs.
    2. The Commission will consider whether to propose amendments to 
Form 20-F, Rules 3-10 and 4-01 of Regulation S-X, Forms F-4 and S-4, 
and Rule 701 under the Securities Act, to accept financial statements 
prepared in accordance with International Financial Reporting Standards 
as published by the International Accounting Standards Board without 
reconciliation to generally accepted accounting principles as used in 
the United States when contained in the filings of foreign private 
issuers with the Commission.
    3. The Commission will consider whether to adopt amendments to the 
proxy rules under the Exchange Act to provide shareholders with the 
ability to choose the means by which they access proxy materials. Under 
the amendments, issuers and other soliciting persons will post their 
proxy materials on an Internet Web site and provide shareholders with a 
notice of the Internet availability of the materials. The issuer or 
soliciting person may choose to furnish paper copies of the proxy 
materials along with the notice. If the issuer or soliciting person 
chooses not to furnish a paper copy of the proxy materials along with 
the notice, a shareholder may request delivery of a copy at no charge 
to the shareholder.
    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: June 13, 2007.
Nancy M. Morris,
Secretary.
 [FR Doc. E7-11666 Filed 6-15-07; 8:45 am]

BILLING CODE 8010-01-P
