UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
REGENCY AFFILIATES, INC.
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(NAME OF ISSUER)
COMMON STOCK
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(TITLE OF CLASS OF SECURITIES)
758847305
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(CUSIP NUMBER)
FEBRUARY 20, 2007
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(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
PAGE 1 OF 9 PAGES
CUSIP NO. 758847305 13G PAGE 2 OF 9 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ING Groep N.V.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
Not Applicable (b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
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5 SOLE VOTING POWER
252,020 (1)
NUMBER OF ---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH 0
REPORTING ---------------------------------------------------------
PERSON WITH: 7 SOLE DISPOSITIVE POWER
252,020 (1)
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
252,020
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.157%
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12 TYPE OF REPORTING PERSON
HC
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1 These shares are held by indirect subsidiaries of ING Groep N.V.
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CUSIP NO. 758847305 13G PAGE 3 OF 9 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ReliaStar Investment Research Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
Not Applicable (b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
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5 SOLE VOTING POWER
252,020 (2)
NUMBER OF ---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH 0
REPORTING ---------------------------------------------------------
PERSON WITH: 7 SOLE DISPOSITIVE POWER
252,020 (2)
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
252,020
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.157%
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12 TYPE OF REPORTING PERSON
CO
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2 ReliaStar Investment Research Inc. is a wholly owned indirect subsidiary of
ING Groep N.V.
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CUSIP NO. 758847305 13G PAGE 4 OF 9 PAGES
ITEM 1(A). NAME OF ISSUER:
Regency Affiliates, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
610 N.E. Jensen Beach Boulevard
Jensen Beach, Florida 34957
ITEM 2(A). NAME OF PERSON FILING:
ING Groep N.V.
ReliaStar Investment Research Inc.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Amstelveenseweg 500
1081 KL Amsterdam
P.O. Box 810
1000 AV Amsterdam
The Netherlands
ReliaStar Investment Research Inc.
5780 Powers Ferry Road, Suite 300
Atlanta, Georgia 30327
ITEM 2(C). CITIZENSHIP:
See item 4 on Page 2
See item 4 on Page 3
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER:
758847305
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE PERSON FILING IS A: (Not Applicable)
(a) [_] Broker or dealer registered under Section 15 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act");
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act;
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CUSIP NO. 758847305 13G PAGE 5 OF 9 PAGES
(d) [_] Investment company registered under Section 8 of the Investment
Company Act of 1940, as amended (the "Investment Company Act");
(e) [_] Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
under the Exchange Act;
(f) [_] Employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F) under the Exchange Act;
(g) [_] Parent holding company or control person in accordance with Rule
13d-1(b)(ii)(G) under the Exchange Act;
(h) [_] Savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] Church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) [_] Group in accordance with Rule 13d-1(b)(1)(ii)(J) under the
Exchange Act.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
See item 9 on Page 2
See item 9 on Page 3
(b) Percent of class:
See item 11 on Page 2
See item 11 on Page 3
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See item 5 on Page 2
See item 5 on Page 3
(ii) Shared power to vote or to direct the vote:
See item 6 on Page 2
See item 6 on Page 3
(iii) Sole power to dispose or to direct the disposition of:
See item 7 on Page 2
See item 7 on Page 3
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CUSIP NO. 758847305 13G PAGE 6 OF 9 PAGES
(iv) Shared power to dispose or to direct the disposition of:
See item 8 on Page 2
See item 8 on Page 3
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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CUSIP NO. 758847305 13G PAGE 7 OF 9 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
March 2, 2007
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(Date)
ING GROEP N.V.
By:
/s/ Klaas de Wit
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(Signature)
Klaas de Wit
Head of Compliance Operations
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(Name/Title)
/s/ Cornelis Blokbergen
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(Signature)
Cornelis Blokbergen
Head Legal Department
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(Name/Title)
CUSIP NO. 758847305 13G PAGE 8 OF 9 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
March 2, 2007
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(Date)
RELIASTAR INVESTMENT RESEARCH INC.
By:
/s/ Michael B. Lisenby
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(Signature)
Michael B. Lisenby
Vice President
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(Name/Title)
/s/ William H. Hope, II
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(Signature)
William H. Hope, II
Assistant Secretary
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(Name/Title)
CUSIP NO. 758847305 13G PAGE 9 OF 9 PAGES
Exhibit A to Schedule 13G
Joint Filing Agreement
Pursuant to Rule 13d-1(k)
The undersigned persons (the "Reporting Persons") hereby agree that a
joint statement on this Schedule 13G, and any amendments thereto, be filed on
their behalf by ING Groep N.V.
Each of the Reporting Persons is responsible for the completeness and
accuracy of the information concerning each of them contained therein, but none
of the Reporting Persons is responsible for the completeness or accuracy of the
information concerning any other Reporting Person.
Date: March 2, 2007
ING Groep N.V.
By: /s/ Klaas de Wit
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Name: Klaas de Wit
Title: Head of Compliance Operations
By: /s/ Cornelis Blokbergen
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Name: Cornelis Blokbergen
Title: Head Legal Department
ReliaStar Investment Research Inc.
By: /s/ Michael B. Lisenby
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Name: Michael B. Lisenby
Title: Vice President
By: /s/ William H. Hope, II
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Name: William H. Hope, II
Title: Assistant Secretary