0001193125-11-355327.txt : 20120611 0001193125-11-355327.hdr.sgml : 20120611 20111229132656 ACCESSION NUMBER: 0001193125-11-355327 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METLIFE INVESTORS VARIABLE ANNUITY ACCOUNT ONE CENTRAL INDEX KEY: 0000815915 IRS NUMBER: 431236042 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 5 PARK PLAZA, SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92614 BUSINESS PHONE: 949-223-5680 MAIL ADDRESS: STREET 1: 5 PARK PLAZA, SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92614 FORMER COMPANY: FORMER CONFORMED NAME: COVA VARIABLE ANNUITY ACCOUNT ONE DATE OF NAME CHANGE: 19960314 FORMER COMPANY: FORMER CONFORMED NAME: XEROX VARIABLE ANNUITY ACCOUNT ONE DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ACCOUNT FOR PERFORMANCE DATE OF NAME CHANGE: 19880307 CORRESP 1 filename1.txt FROM: Pitts, Patrice SENT: Thursday, December 29, 2011 10:42 AM TO: 'Oh, Min S.' SUBJECT: Follow-up Responses for Class A Filings IMPORTANCE: High Thank you for your prompt attention to the responses to the follow-up comments that you provided on December 23, 2011, on post-effective amendment number 27 to the registration statement on Form N-4 for MetLife Investors Variable Annuity Account One (File Nos. 333-54358/811-05200) and post-effective amendment number 27 to the registration statement on Form N-4 for First MetLife Investors Variable Annuity Account One (File Nos. 333-96775/ 811-08306). (The variable contracts described in those filings will be referred to in this e-mail as "MLI Class A contracts" and "FMLI Class A contracts," respectively.) When we discussed those responses on Tuesday, December 27, you recommended further changes to the disclosure for the May 1, 2012 annual updates of the registration statements for the MLI Class A contracts and the FMLI Class A contracts in connection with two of the December 23 comments. For your convenience, I have summarized our discussion and those recommended changes below. 1. Follow-up on comment #2 (MLI and FMLI)--The SEC staff agreed with the -------------------------------------- approach of incorporating the beginning and ending offering periods for the various riders in the descriptions of rider charges in the "Expenses" and "Living Benefits" sections of the prospectuses. RESPONSE: No further action is needed on this item. 2. Follow-up on comment #4.a (MLI and FMLI) and 4.c (FMLI, but also applies to --------------------------------------------------------------------------- MLI)--The SEC staff acknowledged that the changes made on the revised pages are ---- responsive to its comments, and recommended that further changes be made to the fee table in future post-effective amendment filings. More specifically, to make clear that certain riders reflected in the main body of the fee table are no longer available, include the "cut-off" dates (rather than the beginning date) for rider availability. RESPONSE: MLI and FMLI each acknowledge the follow-up comment and will revise -------- the disclosure in the May 1, 2012 prospectus for the MLI and FMLI Class A contracts (respectively) to include the "cut-off" dates for rider availability to make clear that certain riders reflected in the main body of the fee table are no longer available under those contracts. 3. Follow-up on comment #7.a (MLI) and #6.a (FMLI)--The SEC staff acknowledged ----------------------------------------------- that the changes made on the revised pages are responsive to its comment, and suggested that MLI and FMLI consider adding a statement to the effect that transfers of account value to investment options that a selling firm does not support will be counted for purposes of any transfer restrictions that apply under Class A contracts elsewhere in the prospectus--e.g., in the general discussion of transfers and in the discussion of transfer charges. RESPONSE: MLI and FMLI each acknowledge the follow-up comment and will consider --------- adding the statement elsewhere in the May 1, 2012 prospectus for the MLI and FMLI Class A contracts (respectively) where transfers of account value and transfer charges are discussed. Thanks, again, for your prompt attention to this matter and your efforts to permit MLI and FMLI to meet the deadline of having the post-effective amendments for the MLI Class A contracts and the FMLI Class A contracts declared effective December 30, 2011. PATRICE M. PITTS | COUNSEL SUTHERLAND ASBILL & BRENNAN LLP 1275 Pennsylvania Avenue NW | Washington, DC 20004-2415 202.383.0548 direct | 202.637.3593 facsimile patrice.pitts@sutherland.com | www.sutherland.com ---------------------------- ------------------ CIRCULAR 230 DISCLOSURE: To comply with Treasury Department regulations, we inform you that, unless otherwise expressly indicated, any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing or recommending to another party any transaction, arrangement, or other matter. This e-mail message is intended only for the personal use of the recipient(s) named above. This message may be an attorney-client communication and as such privileged and confidential. 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