17 C.F.R. § 210.12-26 Certificate reserves.
Title 17 - Commodity and Securities Exchanges
Title 17: Commodity and Securities Exchanges
PART 210—FORM AND CONTENT OF AND REQUIREMENTS FOR FINANCIAL STATEMENTS, SECURITIES ACT OF 1933, SECURITIES EXCHANGE ACT OF 1934, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, INVESTMENT COMPANY ACT OF 1940, INVESTMENT ADVISERS ACT OF 1940, AND ENERGY POLICY AND CONSERVATION ACT OF 1975
Form and Content of Schedules
§ 210.12-26 Certificate reserves.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Column B_Balance at beginning of Column C_Additions Column D_Deductions Column E_Balance at close of period -------------------------------------------------------------------------------------- period ------------------------------------ ----------------------------------- (1)_Number (1)_Number Column A_Description \1\ of (2)_Amount (3)_Amount (1)_Charged (2)_Reserve (3)_Charged (2)_Cash of (2)_Amount (3)_Amount accounts of of to profit payments by to other (1)_Maturities surenders (3)_Other_describe accounts of of with maturity reserved and loss or certificate accounts prior to with maturity reserves security value \2\ income holders describe maturity security value \2\ bidders holders------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ (a) Each series of certificates shall be stated separately. The description shall include the yield to maturity on an annual payment basis.(b) For certificates of the installment type, information required by columns B, D (2) and (3) and E shall be given by age groupings, according to the number of months paid by security holders, grouped to show those upon which 1-12 monthly payments have been made, 13-24 payments, etc.\2\ (a) If the total of the reserves shown in these columns differs from the total of the reserves per the accounts, there should be stated (i) the aggregate difference and (ii) the difference on a $1,000 face-amount certificate basis.(b) There shall be shown by footnote or by supplemental schedule (i) the amounts periodically credited to each class of security holders' accounts from installment payments and (ii) such other amounts periodically credited to accumulate the maturity amount of the certificate. Such information shall be stated on a $1,000 face-amount certificate basis for the term of the certificate.
Browse Previous |
Browse Next
