Schedule 1 Ambac Financial Group, Inc Kpmg Relationships
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Ambac Assurance Corporation
Report of the Examination of Ambac Assurance Corporation New York, New York As of December 31, 2016 TABLE OF CONTENTS Page I. INTRODUCTION .................................................................................................................. 1 II. HISTORY AND PLAN OF OPERATION .............................................................................. 3 III. MANAGEMENT AND CONTROL ...................................................................................... 12 IV. AFFILIATED COMPANIES ................................................................................................ 14 V. AMBAC ASSURANCE CORPORATION SEGREGATED ACCOUNT .............................. 23 VI. REINSURANCE ................................................................................................................. 27 VII. FINANCIAL DATA .............................................................................................................. 29 VIII. SUMMARY OF EXAMINATION RESULTS ....................................................................... 43 IX. CONCLUSION .................................................................................................................... 45 X. SUMMARY OF COMMENTS AND RECOMMENDATIONS .............................................. 47 XI. ACKNOWLEDGMENT ....................................................................................................... 48 XII. SUBSEQUENT EVENTS .................................................................................................... 49 State -
Information Supplement Insured Municipals Income Trust Investors
Information Supplement Insured Municipals Income Trust Investors’ Quality Tax-Exempt Trust Van Kampen Focus Portfolios, Municipal Series Van Kampen Unit Trusts, Municipal Series Invesco Unit Trusts, Municipal Series This Information Supplement provides additional information concerning the risks and operations of the Trusts which is not described in the prospectus for the Trusts. This Information Supplement should be read in conjunction with the Trust’s prospectus. This Information Supplement is not a prospectus (but is incorporated into the prospectus by reference), does not include all of the information that an investor should consider before investing in a Trust and may not be used to offer or sell Units without the prospectus. Copies of the prospectus can be obtained by contacting the Sponsor’s unit investment trust division at 3500 Lacey Road, Suite 700, Downers Grove, Illinois 60515-5456 or by contacting your broker. This Information Supplement is dated as of the date of Prospectus Part I and all capitalized terms have been defined in the prospectus. Table of Contents Page Municipal Bond Risk Factors ............................................................ 2 Insurance on the Bonds .................................................................... 4 Portfolio Administration .................................................................... 11 Sponsor Information ........................................................................ 12 Trustee Information ......................................................................... -
PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 15 Form 485BPOS Filed 2020-10-29
SECURITIES AND EXCHANGE COMMISSION FORM 485BPOS Post-effective amendments [Rule 485(b)] Filing Date: 2020-10-29 SEC Accession No. 0001683863-20-014179 (HTML Version on secdatabase.com) FILER PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 15 Mailing Address Business Address 655 BROAD STREET 655 BROAD STREET CIK:278187| IRS No.: 132974999 | State of Incorp.:MD | Fiscal Year End: 0831 17TH FLOOR 17TH FLOOR Type: 485BPOS | Act: 33 | File No.: 002-63394 | Film No.: 201273544 NEWARK NJ 07102 NEWARK NJ 07102 (973) 367-8982 PRUDENTIAL INVESTMENT PORTFOLIOS, INC. 15 Mailing Address Business Address 655 BROAD STREET 655 BROAD STREET CIK:278187| IRS No.: 132974999 | State of Incorp.:MD | Fiscal Year End: 0831 17TH FLOOR 17TH FLOOR Type: 485BPOS | Act: 40 | File No.: 811-02896 | Film No.: 201273543 NEWARK NJ 07102 NEWARK NJ 07102 (973) 367-8982 Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document As filed with the Securities and Exchange Commission on October 29, 2020 Securities Act Registration No. 002-63394 Investment Company Act Registration No. 811-02896 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PRE-EFFECTIVE AMENDMENT NO. POST-EFFECTIVE AMENDMENT NO. 79 (X) and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 AMENDMENT NO. 78 (X) Check appropriate box or boxes Prudential Investment Portfolios, Inc. 15 Exact name of registrant as specified in charter 655 Broad Street, 17th Floor Newark, New Jersey 07102 Address of Principal Executive Offices including Zip Code 1-800-225-1852 Registrant’s Telephone Number, Including Area Code Andrew R. -
Notice of Name Change of Appointed Tax Administrator
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 81064 / June 30, 2017 ADMINISTRATIVE PROCEEDING File Nos. 3-11292, 3-11359, 3-11393, 3-11450, 3-11498, 3-11514, 3-11515, 3-11538, 3-11578, 3-11645, 3-11676, 3-11793, 3-11814, 3-11818, 3-11914, 3-11915, 3-11916, 3-11935, 3-11940, 3-11987, 3-12114, 3-12115, 3-12116, 3-12238, 3-12372, 3-12400, 3-12540, 3-12554, 3-12678, 3-12737, 3-12805, 3-12868, 3-13199, 3-13675, 3-13847, 3-14191, 3-14192, 3-14594, 3-14641, 3-14854, 3-14863, 3-14899, 3-14909, 3-14950, 3-14982, 3-15014, 3-15098, 3-15134, 3-15135, 3-15211, 3-15429, 3-15471, 3-15507, 3-15526, 3-15641, 3-15982, 3-16014, 3-16017, 3-16163, 3-16175, 3-16203, 3-16389, 3-16398, 3-16575, 3-16755, 3-16757, 3-16786, 3-16829, 3-16846, 3-16852, 3-16955, 3-17075, and 3-17186 : In the Matter of : : NOTICE OF NAME CHANGE OF Certain Disgorgement and Fair Funds : APPOINTED TAX ADMINISTRATOR in Administrative Proceedings. : : On March 9, 2005, and periodically thereafter, the Commission has appointed Damasco & Associates LLP (“Damasco”) as the tax administrator in administrative proceedings for certain Disgorgement and Fair Funds (collectively, “Funds”). On February 2, 2016, the Commission issued an Omnibus Order Directing the Appointment of Tax Administrator in Administrative Proceedings that Establish Distribution Funds (the “Omnibus Order”),1 authorizing the appointment of Damasco as the tax administrator for Funds for the calendar years 2016 through 2018, and established that Damasco was to maintain bond coverage in the amount of $350,000.00 when acting as the Omnibus Tax Administrator and paying taxes for the Funds. -
Administrative Proceedings: Evergreen Investment Management
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 56462 / September 19, 2007 INVESTMENT ADVISERS ACT OF 1940 Release No. 2648 / September 19, 2007 INVESTMENT COMPANY ACT OF 1940 Release No. 27973 / September 19, 2007 ADMINISTRATIVE PROCEEDING File No. 3-12805 ORDER INSTITUTING ADMINISTRATIVE AND CEASE-AND- DESIST PROCEEDINGS PURSUANT TO In the Matter of SECTIONS 15(b)(4), 17A(c)(3) and 21C OF THE SECURITIES EXCHANGE ACT OF Evergreen Investment Management 1934, SECTIONS 203(e) and 203(k) OF Company, LLC, Evergreen Investment THE INVESTMENT ADVISERS ACT OF Services, Inc., Evergreen Service Company, 1940, AND SECTIONS 9(b) and 9(f) OF LLC and Wachovia Securities, LLC THE INVESTMENT COMPANY ACT OF 1940, MAKING FINDINGS, AND Respondents. IMPOSING REMEDIAL SANCTIONS AND A CEASE-AND-DESIST ORDER I. The United States Securities and Exchange Commission (the ACommission@) deems it appropriate and in the public interest that administrative and cease-and-desist proceedings be, and hereby are, instituted pursuant to Sections 15(b)(4), 17A(c)(3) and 21C of the Securities Exchange Act of 1934 ("Exchange Act"), Sections 203(e) and 203(k) of the Investment Advisers Act of 1940 (AAdvisers Act@), and Sections 9(b) and 9(f) of the Investment Company Act of 1940 (AInvestment Company Act@) against Evergreen Investment Management Company, LLC, Evergreen Investment Services, Inc., Evergreen Service Company, LLC, and Wachovia Securities, LLC (AEIMCO,@ AEIS,@ "ESC" and AWachovia Securities,@ respectively, or individually, ARespondent@; collectively, ARespondents@). II. 1 In anticipation of the institution of these proceedings, the Respondents have submitted an Offer of Settlement (the AOffer@) that the Commission has determined to accept. -
Money Market Funds Portfolio Manager Dave Sylvester Announces Plans to Retire in 2015
November 19, 2014 Money Market Funds Portfolio Manager Dave Sylvester announces plans to retire in 2015 Dave Sylvester, senior portfolio manager and head of money market funds, has announced plans to retire on March 31, 2015, capping a 35-year career with Wells Capital Management, Inc., the subadvisor for the Wells Fargo Advantage Money Market Funds. We thank Mr. Sylvester for his significant contributions to the success of our money market funds, which he has managed since their inception, and for building a deep and talented investment team. Under Mr. Sylvester’s leadership, the Wells Fargo Advantage Money Market Funds have consistently provided a stable investment option for investor assets through innumerable credit cycles, some of which were the most challenging of the modern era. We have thoroughly enjoyed working with Mr. Sylvester and wish him great success in the future. Jeffrey L. Weaver, CFA, head of Wells Capital Management’s short-duration team, will also become head of the money market fund team effective January 1, 2015. In his new role, Mr. Weaver will provide strategic oversight to our money market fund strategy, enabling an integrated approach to the broad range of liquidity products managed by Wells Capital Management, including the Wells Fargo Advantage Money Market Funds. Consistent with our long-planned transition process, Senior Portfolio Managers Laurie R. White; Michael C. Bird, CFA; and James C. Randazzo will continue in their leadership roles in the day-to-day management of our prime, government, and municipal money market funds, working closely with Mr. Weaver. Matthew A. Grimes, CFA, will continue to lead the money market credit research team. -
2014 Annual Report About Ambac
2014 Annual Report About Ambac Ambac Financial Group, Inc. (“Ambac”), headquartered in New York City, is a holding company whose subsidiaries, including its principal operating subsidiary, Ambac Assurance Corporation (“Ambac Assurance”), Everspan Financial Guarantee Corp., and Ambac Assurance UK Limited, provide financial guarantees and other financial services to clients in both the public and private sectors globally. Ambac Assurance, including the Segregated Account of Ambac Assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. Ambac is also selectively exploring opportunities involving the development and/or acquisition of new businesses. Ambac’s common stock trades on the NASDAQ Global Select Market under the symbol “AMBC”. The Amended and Restated Certificate of Incorporation of Ambac contains substantial restrictions on the ability to transfer Ambac’s common stock. Subject to limited exceptions, any attempted transfer of common stock shall be prohibited and void to the extent that, as a result of such transfer (or any series of transfers of which such transfer is a part), any person or group of persons shall become a holder of 5% or more of Ambac’s common stock. Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, we use our website to convey information about our businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates to the status of certain primary residential mortgage backed securities litigations. For more information, please go to www.ambac.com. Forward-Looking Statements In this Annual Report, we have included statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. -
NASD Notice to Members 98-93 November 1998 699 DISTRICT 2 District Committee
Executive Summary Through this Notice, the National Association of Securities Dealers, Inc. NASD ® (NASD ) is informing NASD members of the 1999 District Committee Notice to members and the District Nominating Committee members. Questions concerning this Notice may be directed to the District Director Members noted or to Joan Conley, Corporate Secretary, NASD, at (202) 728-8381. District Committee Members And District Nominating 98-93 Committee Members Members of the 1999 District Committees and District Nominating Commit- tees are as follows: NASD Informs Members Of District Committee Members And District Nominating Committee DISTRICT 1 Members District Committee To Serve Until January 2000 Suggested Routing Senior Management Glenn M. Colacurci Salomon Smith Barney, Inc., San Francisco, CA Jerry D. Phillips Sutro & Co., San Francisco, CA Advertising William A. Svoboda Morgan Stanley Dean Witter, San Francisco, CA Continuing Education To Serve Until January 2001 Corporate Finance Executive Representatives Steven R. Aaron Hambrecht & Quist LLC, San Francisco, CA Government Securities Janet W. Campbell Protected Investors of America, San Francisco, CA Douglas C. Heske Piper Jaffray, Inc., San Francisco, CA Institutional Insurance To Serve Until January 2002 Internal Audit John H. Chung Van Kasper & Company, Inc., San Francisco, CA Legal & Compliance Steven D. Piper Volpe Brown Whelan & Company LLC, Municipal San Francisco, CA Mutual Fund Nominating Committee Operations Options Deborah R. Gatzek Franklin/Templeton Distributors, San Mateo, CA John C. Helmer Caldwell Securities, Danville, CA Registered Representatives Lawrence R. McKulla Prudential Securities, San Francisco, CA Registration John J. Sanders BancBoston Robertson Stephens, Inc., Research San Francisco, CA John E. Schmidt Credit Suisse First Boston, San Francisco, CA Syndicate Systems District Director Elisabeth P. -
For Immediate Release
Media Contacts: Wachovia: Tony Mattera 804-787-6872 Prudential: Bob DeFillippo 973-802-4149 Investor Contacts: Wachovia: Alice Lehman 704-374-4139 Prudential: Eric Durant 973-802-3838 Press Release Tuesday, July 1, 2003 WACHOVIA CORPORATION AND PRUDENTIAL FINANCIAL, INC. COMPLETE COMBINATION OF BROKERAGE UNITS New Firm, Wachovia Securities, LLC, is nation’s third largest by client assets RICHMOND, VIRGINIA — Wachovia Corporation (NYSE:WB) and Prudential Financial, Inc. (NYSE:PRU) announced today that the previously announced combination of their retail brokerage businesses has been legally consummated, creating one of the nation’s largest retail financial advisory organizations, Wachovia Securities, LLC. Wachovia Securities, LLC is a Richmond, Virginia-based NYSE-member broker/dealer. Its parent corporation is owned 62% by Wachovia Corporation and 38% by Prudential Financial, Inc. The new firm is the nation’s third-largest full service retail brokerage organization based on client assets of $532.1 billion as of March 31, 2003. The new Wachovia Securities serves clients through 3,400 brokerage locations, including more than 700 retail brokerage offices in 48 states and the District of Columbia and brokerage locations in some 2,700 Wachovia Bank branches on the East Coast. With the completion of the transaction, current Prudential Securities offices will continue to operate as the Prudential Securities Division of Wachovia Securities, LLC, pending the adoption of the Wachovia Securities brand by those locations by year end 2003. The companies’ correspondent clearing subsidiaries, Wachovia’s First Clearing LLC and Prudential’s Wexford Clearing Services LLC, will continue to operate under their existing names and broker/dealer structures as they move toward integration and adoption of the Wexford brand in the months ahead. -
S:\Apulaski\Orders\Rowland V. Prudential Et Al -- Motion to Dismiss
Case 2:04-cv-02287-EHC Document 143 Filed 07/02/07 Page 1 of 14 1 WO 2 3 4 5 IN THE UNITED STATES DISTRICT COURT 6 FOR THE DISTRICT OF ARIZONA 7 8 Arlene Rowland, ) No. CV 04-2287-PHX-EHC ) 9 Plaintiff, ) ORDER ) 10 vs. ) ) 11 ) Prudential Financial, Inc., Wachovia ) 12 Corporation, ) ) 13 Defendants. ) ) 14 ) 15 Pending before the Court are Plaintiff’s “Motion for Court Action Civil Procedure 16 Compliance” (Dkt. 107), Plaintiff’s Motion for Status of Pending Motions (Dkt. 108), 17 Plaintiff’s Motion for Pending Motion Notification (Dkt. 111), Plaintiff’s Motion for 18 Joinder of Persons Needed for Just Adjudication (Dkt. 118), Plaintiff’s Motion to Add 19 Wachovia Corporation to Plaintiff’s First Amended Complaint (Dkt. 120), Plaintiff’s 20 Motion for Relief (Dkt. 120), Defendant Prudential Financial, Inc.’s and non-parties 21 Prudential Equity Group, LLC and Prudential Insurance Company of America’s 22 (collectively, the “Movants”) Motion to Dismiss (Dkt. 124), Plaintiff’s Motion for Entry 23 of Default as to Prudential Financial, Inc. (Dkt. 127), Plaintiff’s Motion for Preclusion of 24 Defenses and Award of Expenses (Dkt. 127), Plaintiff’s Motion to Strike Movants’ 25 Motion to Dismiss (Dkt. 128), and Plaintiff’s Motion to Unseal Document (Dkt. 130). 26 The Court will consider each motion in turn. 27 28 Case 2:04-cv-02287-EHC Document 143 Filed 07/02/07 Page 2 of 14 1 A. Background 2 Plaintiff was employed by Prudential Securities, Inc. (“PSI”) in Phoenix from 3 “January 1, 1999 to September 6, 2002," when she went on medical leave. -
View Annual Report
2005 Annual Report 2005 Annual Financial Peace of Mind 2005 Annual Report > AMBAC’S GUARANTEE Ambac’s financial guarantee insurance provides an unconditional and irrevoca- ble promise to pay scheduled interest and principal if the issuer fails to meet its obligations. Ambac’s triple-A backing lowers financing costs for issuers, reassures investors and streamlines bond marketing for underwriters. > GLOBAL PUBLIC FINANCE Drawing on 35 years of municipal finance experience, Ambac helps local and regional governments worldwide structure and issue efficient and inno- vative financings to meet long-term needs, finance privatization efforts and enable projects that include both public and private sector participation. > GLOBAL STRUCTURED FINANCE Ambac provides guarantees for a broad range of asset classes, including groundbreaking structures backed by assets, receivables and future flows. page Ambac creatively applies structured products and securitization techniques to meet unique financing needs of corporate issuers, financial institutions and insurance companies worldwide.1 > CAPITAL MARKETS Extensive participation in capital markets around the world enables Ambac to help clients optimize their financial resources while managing risk and return through targeted application of derivatives (primarily interest rate and foreign exchange swaps) and investment agreements, strengthened with the Ambac guarantee. > RISK MANAGEMENT Ambac combines the insight of experi- enced risk management professionals with rigorous application of advanced analytical and modeling tools to constantly assess, measure and control risk. This critical competency safeguards Ambac’s financial strength and valuable triple-A rating. d n i M f o > AMBAC FINANCIAL GROUP, INC., headquartered in New York City, e is a holding company whose affiliates provide financial guarantees and financial services to clients in both the public and private sectors c around the world. -
Financial Guarantors Object to Flawed Amended Commonwealth Plan Support Agreement
Financial Guarantors Object to Flawed Amended Commonwealth Plan Support Agreement February 11, 2020 NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Financial Guarantors, including Ambac Financial Group, Inc. (NYSE: AMBC), Assured Guaranty Municipal Corp. and Assured Guaranty Corp., subsidiaries of Assured Guaranty Ltd. (NYSE: AGO), National Public Finance Guarantee, a wholly owned subsidiary of MBIA Inc. (NYSE: MBI), and Financial Guaranty Insurance Company (“FGIC”) jointly issued the following statement objecting to what they believe is a flawed Amended Commonwealth Plan Support Agreement disclosed by the Financial Oversight and Management Board for Puerto Rico (the “Oversight Board”): We believe the recently-released Amended Commonwealth Plan Support Agreement (“PSA”) is counterproductive to an orderly restructuring of Puerto Rico’s debt obligations and risks embroiling Puerto Rico in many more years of protracted litigation at significant cost to tax payers and potentially compromises Puerto Rico’s future access to the capital markets. The PSA is the product of a flawed process - a process in which the Oversight Board did not meaningfully engage with the parties to this statement, despite the Financial Guarantors being the largest creditors and longest serving financial supporters of Puerto Rico. The PSA is yet another untested and unsupportable legal experiment by the Oversight Board, which undermines negotiation of a consensual restructuring. Furthermore, the PSA fails to respect lawful creditor rights, priorities and liens, in violation of the Puerto Rico Oversight Management Economic Stability Act (“PROMESA”), and in particular openly disregards basic constitutional protections, fiscal plan requirements, and obligations with respect to both general obligation and revenue bonds, both critical instruments of municipal finance in Puerto Rico and nationally.