Confined Spaces in Construction; Approval of Collections of Information, 53268 [2016-18965]
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Federal Register / Vol. 81, No. 156 / Friday, August 12, 2016 / Rules and Regulations
we know that funds are more likely to close
the gates on redemptions when market
dislocation happens. That is just the time
when futures commission merchants (FCMs)
and customers would need access to their
money, and a multi-day delay can mean
catastrophe for some businesses.
For that very reason, I have concerns about
the Division of Swap Dealer and
Intermediary Oversight’s (DSIO) ‘‘No-Action
Relief With Respect to CFTC Regulation 1.25
Regarding Money Market Funds.’’ While the
4(c) exemption and the DCR interpretation
are clearly customer protection initiatives,
the DSIO no action letter is not. This no
action letter would allow FCMs to keep
money in segregated customer accounts that
actually would not be readily available in a
crisis. Thus, while it may appear that an FCM
had considerable funds available to settle
customer accounts during a market
dislocation, in fact that would be only be an
illusion; a portion of those funds could be
locked down behind the prime money market
funds’ gates and therefore not actually be
available when needed.
I do not think that the staff of the
Commission should be supporting this kind
of ‘‘window dressing’’—giving the
impression of greater security than there
actually is. If the funds are not suitable
investments for customer funds, then they
are not suitable for the additional capital that
the FCMs put in those accounts to protect
against potential shortfalls. Having lived
through bankruptcies, such as MF Global and
Peregrine, I have a healthy respect for the
importance of having strong clearing
members with a large cushion of funds that
can be accessed when needed. This no action
letter undermines that effort. Given the
importance of this topic to the general public,
we should at least have asked for comments
or even held a roundtable before making this
change. I therefore hope to reexamine this
subject in the near future.
[FR Doc. 2016–19211 Filed 8–11–16; 8:45 am]
BILLING CODE 6351–01–P
DEPARTMENT OF LABOR
Occupational Safety and Health
Administration
[Docket No. OSHA–2007–0026]
RIN 1218–AB47
Confined Spaces in Construction;
Approval of Collections of Information
Occupational Safety and Health
Administration (OSHA), Department of
Labor.
ACTION: Final rule.
ehiers on DSK5VPTVN1PROD with RULES
AGENCY:
This rule is a technical
amendment revising OSHA’s
regulations to reflect the approval by the
Office of Management and Budget
(OMB) of the collections of information
SUMMARY:
14:21 Aug 11, 2016
Todd Owen, OSHA, Directorate of
Standards and Guidance, Room N–3609,
U.S. Department of Labor, 200
Constitution Avenue NW., Washington,
DC 20210; telephone (202) 693–2222.
For the reasons stated in the preamble
in this document, the Occupational
Safety and Health Administration
amends 29 CFR part 1926 as follows:
DATES:
Effective August 12, 2016.
OSHA
published a final rule for Confined
Spaces in Construction on May 4, 2015
(80 FR 25365) to provide new
protections to employees working in
confined spaces in construction. This
new subpart replaced OSHA’s general
training requirement for work in
confined spaces (29 CFR 1926.21(b)(6))
with a comprehensive standard. The
new standard includes a permit program
designed to protect employees from
exposure to many hazards associated
with work in confined spaces, including
atmospheric and physical hazards.
Those requirements contained
collections of information approved by
OMB under control number 1218–0258,
which OSHA publicized in the Federal
Register document announcing the new
rule (see 80 FR 22514–22517). This
technical amendment codifies the OMB
control number for the Confined Spaces
in Construction standard into § 1926.5,
which is the central section in which
OSHA displays its approved collections
under the Paperwork Reduction Act.
Additional opportunity for public
comment on this rule is unnecessary
because the public has already had the
opportunity to comment on the
collections of information and OMB has
approved them. This revision of
§ 1926.5 is a purely technical step to
increase public awareness of OMB’s
approval of the collections of
information.
SUPPLEMENTARY INFORMATION:
Authority and Signature
29 CFR Part 1926
VerDate Sep<11>2014
FOR FURTHER INFORMATION CONTACT:
Signed at Washington, DC, on August 2,
2016.
David Michaels,
Assistant Secretary of Labor for Occupational
Safety and Health.
contained in OSHA’s standard for
Confined Spaces in Construction.
Jkt 238001
David Michaels, Ph.D., MPH,
Assistant Secretary of Labor for
Occupational Safety and Health,
directed the preparation of this notice.
The authority for this notice is the
Paperwork Reduction Act of 1995 (44
U.S.C. 3506 et seq.) and Secretary of
Labor’s Order 1–2012 (77 FR 3912 (1/
25/2012)).
List of Subjects in 29 CFR Part 1926
PART 1926—SAFETY AND HEALTH
REGULATIONS FOR CONSTRUCTION
Subpart A—General
1. The authority citation for part 1926,
subpart A, continues to read as follows:
■
Authority: 40 U.S.C. 3701 et seq.; 29
U.S.C. 653, 655, 657; Secretary of Labor’s
Order No. 12–71 (36 FR 8754), 8–76 (41 FR
25059), 9–83 (48 FR 35736), 1–90 (55 FR
9033), 6–96 (62 FR 111), 3–2000 (65 FR
50017), 5–2002 (67 FR 65008), or 5–2007 (72
FR 31160), 5–2007 (72 FR 31160), 4–2010 (75
FR 55355), or 1–2012 (77 FR 3912), as
applicable; and 29 CFR part 1911.
2. Amend § 1926.5 by adding to the
table, in the proper numerical sequence,
the entries for ‘‘1926.1203,’’
‘‘1926.1204,’’ ‘‘1926.1205,’’
‘‘1926.1206,’’ ‘‘1926.1207,’’
‘‘1926.1208,’’ ‘‘1926.1209,’’
‘‘1926.1210,’’ ‘‘1926.1211,’’
‘‘1926.1212,’’ and ‘‘1926.1213’’ to read
as follows:
■
§ 1926.5 OMB control numbers under the
Paperwork Reduction Act.
*
*
*
Frm 00024
Fmt 4700
Sfmt 9990
*
OMB
Control No.
29 CFR Citation
*
1926.1203
1926.1204
1926.1205
1926.1206
1926.1207
1926.1208
1926.1209
1926.1210
1926.1211
1926.1212
1926.1213
*
*
*
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*
*
*
*
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
1218–0258
*
[FR Doc. 2016–18965 Filed 8–11–16; 8:45 am]
BILLING CODE 4510–26–P
Occupational safety and health,
Reporting and recordkeeping
requirements.
PO 00000
*
E:\FR\FM\12AUR1.SGM
12AUR1
*
]]>Agencies
[Federal Register Volume 81, Number 156 (Friday, August 12, 2016)]
[Rules and Regulations]
[Page 53268]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18965]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Occupational Safety and Health Administration
29 CFR Part 1926
[Docket No. OSHA-2007-0026]
RIN 1218-AB47
Confined Spaces in Construction; Approval of Collections of
Information
AGENCY: Occupational Safety and Health Administration (OSHA),
Department of Labor.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This rule is a technical amendment revising OSHA's regulations
to reflect the approval by the Office of Management and Budget (OMB) of
the collections of information contained in OSHA's standard for
Confined Spaces in Construction.
DATES: Effective August 12, 2016.
FOR FURTHER INFORMATION CONTACT: Todd Owen, OSHA, Directorate of
Standards and Guidance, Room N-3609, U.S. Department of Labor, 200
Constitution Avenue NW., Washington, DC 20210; telephone (202) 693-
2222.
SUPPLEMENTARY INFORMATION: OSHA published a final rule for Confined
Spaces in Construction on May 4, 2015 (80 FR 25365) to provide new
protections to employees working in confined spaces in construction.
This new subpart replaced OSHA's general training requirement for work
in confined spaces (29 CFR 1926.21(b)(6)) with a comprehensive
standard. The new standard includes a permit program designed to
protect employees from exposure to many hazards associated with work in
confined spaces, including atmospheric and physical hazards. Those
requirements contained collections of information approved by OMB under
control number 1218-0258, which OSHA publicized in the Federal Register
document announcing the new rule (see 80 FR 22514-22517). This
technical amendment codifies the OMB control number for the Confined
Spaces in Construction standard into Sec. 1926.5, which is the central
section in which OSHA displays its approved collections under the
Paperwork Reduction Act.
Additional opportunity for public comment on this rule is
unnecessary because the public has already had the opportunity to
comment on the collections of information and OMB has approved them.
This revision of Sec. 1926.5 is a purely technical step to increase
public awareness of OMB's approval of the collections of information.
Authority and Signature
David Michaels, Ph.D., MPH, Assistant Secretary of Labor for
Occupational Safety and Health, directed the preparation of this
notice. The authority for this notice is the Paperwork Reduction Act of
1995 (44 U.S.C. 3506 et seq.) and Secretary of Labor's Order 1-2012 (77
FR 3912 (1/25/2012)).
List of Subjects in 29 CFR Part 1926
Occupational safety and health, Reporting and recordkeeping
requirements.
Signed at Washington, DC, on August 2, 2016.
David Michaels,
Assistant Secretary of Labor for Occupational Safety and Health.
For the reasons stated in the preamble in this document, the
Occupational Safety and Health Administration amends 29 CFR part 1926
as follows:
PART 1926--SAFETY AND HEALTH REGULATIONS FOR CONSTRUCTION
Subpart A--General
0
1. The authority citation for part 1926, subpart A, continues to read
as follows:
Authority: 40 U.S.C. 3701 et seq.; 29 U.S.C. 653, 655, 657;
Secretary of Labor's Order No. 12-71 (36 FR 8754), 8-76 (41 FR
25059), 9-83 (48 FR 35736), 1-90 (55 FR 9033), 6-96 (62 FR 111), 3-
2000 (65 FR 50017), 5-2002 (67 FR 65008), or 5-2007 (72 FR 31160),
5-2007 (72 FR 31160), 4-2010 (75 FR 55355), or 1-2012 (77 FR 3912),
as applicable; and 29 CFR part 1911.
0
2. Amend Sec. 1926.5 by adding to the table, in the proper numerical
sequence, the entries for ``1926.1203,'' ``1926.1204,'' ``1926.1205,''
``1926.1206,'' ``1926.1207,'' ``1926.1208,'' ``1926.1209,''
``1926.1210,'' ``1926.1211,'' ``1926.1212,'' and ``1926.1213'' to read
as follows:
Sec. 1926.5 OMB control numbers under the Paperwork Reduction Act.
* * * * *
------------------------------------------------------------------------
OMB Control
29 CFR Citation No.
------------------------------------------------------------------------
* * * * *
1926.1203............................................... 1218-0258
1926.1204............................................... 1218-0258
1926.1205............................................... 1218-0258
1926.1206............................................... 1218-0258
1926.1207............................................... 1218-0258
1926.1208............................................... 1218-0258
1926.1209............................................... 1218-0258
1926.1210............................................... 1218-0258
1926.1211............................................... 1218-0258
1926.1212............................................... 1218-0258
1926.1213............................................... 1218-0258
* * * * *
------------------------------------------------------------------------
[FR Doc. 2016-18965 Filed 8-11-16; 8:45 am]
BILLING CODE 4510-26-P
