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This document includes a prospectus supplement for existing and prospective Power V Variable Universal Life Insurance Policy owners, notifying them of the closing of a Subaccount.
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Who needs FORM 497?
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Individuals or entities that are required to report certain financial information to regulatory authorities.
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Businesses looking to comply with specific financial disclosure regulations.
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Taxpayers needing to report specific transactions or income.
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What is FORM 497?
FORM 497 is a registration form used by investment companies to provide updates and supplemental information to the SEC about certain changes to their mutual fund prospectus.
Who is required to file FORM 497?
Investment companies that are registered under the Investment Company Act of 1940 are required to file FORM 497 when they make changes that need to be communicated to investors, such as updates to fund disclosures or investment strategies.
How to fill out FORM 497?
To fill out FORM 497, companies must provide specific details about the mutual fund, including changes in the investment strategy, fees, or contact information. The form requires accurate and complete information to maintain compliance with SEC regulations.
What is the purpose of FORM 497?
The purpose of FORM 497 is to keep investors informed about changes to the mutual fund's prospectus and to ensure compliance with regulatory requirements.
What information must be reported on FORM 497?
On FORM 497, investment companies must report any changes to the fund’s investment objectives, policies, risks, management, fees, and any other material changes that impact investors’ decisions.
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