Notice2025-02491
Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 12, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 28 (Wednesday, February 12, 2025)</title>
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[Federal Register Volume 90, Number 28 (Wednesday, February 12, 2025)]
[Notices]
[Pages 9469-9470]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02491]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35467; 812-15693]
Venerable Variable Insurance Trust and Venerable Investment
Advisers, LLC
February 6, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice.
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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, as well as from certain disclosure requirements in rule 20a-1
under the Act, Item 19(a)(3) of Form N-1A, Items 22(c)(1)(ii),
22(c)(1)(iii), 22(c)(8) and 22(c)(9) of Schedule 14A under the
Securities Exchange Act of 1934, and sections 6-07(2)(a), (b), and (c)
of Regulation S-X (``Disclosure Requirements'').
SUMMARY OF APPLICATION: The requested exemption would permit
Applicants to enter into and materially amend subadvisory agreements
with subadvisers without shareholder approval and would grant relief
from the Disclosure Requirements as they relate to fees paid to the
subadvisers.
APPLICANTS: Venerable Variable Insurance Trust and Venerable
Investment Advisers, LLC.
FILING DATES: The application was filed on January 28, 2025, and
amended on February 4, 2025.
HEARING OR NOTIFICATION OF HEARING: An order granting the requested
relief will be issued unless the Commission
[[Page 9470]]
orders a hearing. Interested persons may request a hearing on any
application by emailing the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#b3e0d6d0c1d6c7d2c1cac09efcd5d5dad0d6f3c0d6d09dd4dcc5"><span class="__cf_email__" data-cfemail="21724442534455405358520c6e4747484244615244420f464e57">[email protected]</span></a> and serving the Applicants with a copy of the request by
email, if an email address is listed for the relevant Applicant below,
or personally or by mail, if a physical address is listed for the
relevant Applicant below. Hearing requests should be received by the
Commission by 5:30 p.m. on March 3, 2025, and should be accompanied by
proof of service on the Applicants, in the form of an affidavit, or,
for lawyers, a certificate of service. Pursuant to rule 0-5 under the
Act, hearing requests should state the nature of the writer's interest,
any facts bearing upon the desirability of a hearing on the matter, the
reason for the request, and the issues contested. Persons who wish to
be notified of a hearing may request notification by emailing the
Commission's Secretary.
ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#1744727465726376656e643a5871717e74725764727439707861"><span class="__cf_email__" data-cfemail="5d0e383e2f38293c2f242e70123b3b343e381d2e383e733a322b">[email protected]</span></a>. Applicants: Beau
Yanoshik, Morgan, Lewis & Bockius LLP, <a href="/cdn-cgi/l/email-protection#1c7e657d72736f7475775c71736e7b7d7270796b756f327f7371"><span class="__cf_email__" data-cfemail="fc9e859d92938f949597bc91938e9b9d9290998b958fd29f9391">[email protected]</span></a>, with
a copy to Kristina Magolis, Venerable Investment Advisers, LLC,
<a href="/cdn-cgi/l/email-protection#b9f2cbd0cacdd0d7d897d4d8ded6d5d0caf9cfdcd7dccbd8dbd5dc97dad6d4"><span class="__cf_email__" data-cfemail="da91a8b3a9aeb3b4bbf4b7bbbdb5b6b3a99aacbfb4bfa8bbb8b6bff4b9b5b7">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special
Counsel, at (202) 551-6825 (Division of Investment Management, Chief
Counsel's Office).
SUPPLEMENTARY INFORMATION: For Applicants' representations, legal
analysis, and conditions, please refer to Applicants' application,
dated February 4, 2025, which may be obtained via the Commission's
website by searching for the file number at the top of this document,
or for an Applicant using the Company name search field on the SEC's
EDGAR system. The SEC's EDGAR system may be searched at <a href="https://www.sec.gov/edgar/searchedgar/companysearch">https://www.sec.gov/edgar/searchedgar/companysearch</a>. You may also call the
SEC's Office of Investor Education and Advocacy at (202) 551-8090.
For the Commission, by the Division of Investment Management,
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-02491 Filed 2-11-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on February 12, 2025.
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