{"abstract":"The Securities and Exchange Commission is proposing a new Form N-6 for insurance company separate accounts that are registered as unit investment trusts and that offer variable life insurance policies. The form would be used by these separate accounts to register under the Investment Company Act of 1940 and to offer their securities under the Securities Act of 1933. For these registrants, the proposed form would replace Form N-8B-2, currently used by all unit investment trusts to register under the Investment Company Act, and Form S-6, currently used by all unit investment trusts to offer their securities under the Securities Act. The proposed form would focus prospectus disclosure on essential information that would assist an investor in deciding whether to invest in a particular variable life insurance policy. The proposed form also would minimize prospectus disclosure about technical and legal matters, improve disclosure of fees and charges, and streamline the registration process by replacing two forms that were not specifically designed for variable life insurance policies with a single form tailored to these products.","action":"Proposed rule.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/1998/03/23/98-7072.html","cfr_references":[{"chapter":null,"citation_url":null,"part":230,"title":17},{"chapter":null,"citation_url":null,"part":239,"title":17},{"chapter":null,"citation_url":null,"part":270,"title":17},{"chapter":null,"citation_url":null,"part":274,"title":17}],"citation":"63 FR 13988","comment_url":null,"comments_close_on":"1998-07-01","correction_of":null,"corrections":[],"dates":"Comments must be received on or before July 1, 1998.","disposition_notes":null,"docket_ids":["Release Nos. 33-7514","IC-23066","File No. S7-9-98"],"dockets":[],"document_number":"98-7072","effective_on":null,"end_page":14018,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":null,"html_url":"https://www.federalregister.gov/documents/1998/03/23/98-7072/registration-form-for-insurance-company-separate-accounts-registered-as-unit-investment-trusts-that","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/98-7072?publication_date=1998-03-23","mods_url":"https://www.govinfo.gov/metadata/granule/FR-1998-03-23/98-7072/mods.xml","not_received_for_publication":null,"page_length":31,"page_views":{"count":91,"last_updated":"2026-04-04 10:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-1998-03-23/pdf/98-7072.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"1998-03-23","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/1998/03/23/98-7072.txt","regulation_id_number_info":{"3235-AG37":{"issue":"200110","html_url":"https://www.federalregister.gov/regulations/3235-AG37/insurance-products-new-form-n-6-for-registration-of-separate-accounts-offering-variable-life-insuran","title":"Insurance Products: New Form N-6 for Registration of Separate Accounts Offering Variable Life Insurance Contracts","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200110&RIN=3235-AG37&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AG37"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-09-21T02:20:02Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":13988,"subtype":null,"title":"Registration Form for Insurance Company Separate Accounts Registered as Unit Investment Trusts that Offer Variable Life Insurance Policies","toc_doc":null,"toc_subject":null,"topics":[],"type":"Proposed Rule","volume":63}