Agencies and Commissions February 14, 2012 – Federal Register Recent Federal Regulation Documents

Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Covered Funds
Document Number: 2012-935
Type: Proposed Rule
Date: 2012-02-14
Agency: Commodity Futures Trading Commission, Agencies and Commissions
The Commodity Futures Trading Commission (``CFTC'' or ``Commission'') is requesting comment on a proposed rule that would implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act'') which contains certain prohibitions and restrictions on the ability of a banking entity and nonbank financial company supervised by the Board of Governors of the Federal Reserve System (the ``Board'') to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity fund (``CFTC Rule''). On November 7, 2011, the Office of the Comptroller of the Currency, Treasury (``OCC''); the Board; the Federal Deposit Insurance Corporation (``FDIC''); and the Securities and Exchange Commission (``SEC'') published a joint proposed rule implementing Section 619 of the Dodd-Frank Act (the ``Joint Release'').\1\ The CFTC is adopting the entire text of the proposed common rules section from the Joint Release (the ``Joint Rule'') as part of its proposed rule.\2\ Similar to the OCC, the Board, the FDIC, and the SEC in the Joint Release, the CFTC is modifying the Joint Rule with CFTC-specific rule text. The CFTC Rule also contains additional questions specific to the CFTC in Section III and does not include Subpart E of the Joint Release because Subpart E deals exclusively with the Board. The Commission solicits comments on all aspects of this proposed rule.
Sunshine Act Open Commission Meeting
Document Number: 2012-3590
Type: Notice
Date: 2012-02-14
Agency: Federal Communications Commission, Agencies and Commissions
The Commission will consider a Report and Order that protects consumers from unwanted autodialed or prerecorded calls (``robocalls'') by adopting rules that ensure consumers have given prior express consent before receiving robocalls, can easily opt out of further robocalls, and will experience ``abandoned'' telemarketing calls only in strictly limited instances. 2..... Wireless Tele- Title: Amendment of Parts 1 and 22 of the Communications. Commission's Rules With Regard to the Cellular Service, Including Changes in Licensing of Unserved Area (RM 11510); Amendment of the Commission's Rules With Regard to Relocation of Part 24 to Part 27 and Interim Restrictions and Procedures for Cellular Service Applications Summary: The Commission will consider, as part of its ongoing efforts to remove outdated regulations and reduce unnecessary regulatory burdens, a Notice of Proposed Rulemaking and Order proposing a staged approach to revising the licensing model for the Cellular Service from site-based to geographically-based licensing. The proposal will offer greater flexibility and reduce regulatory requirements, while enabling greater rural deployment of wireless service. The item also includes several other proposals to update the Cellular Service rules, as well as interim procedures for Cellular Service applications. 3..... Public Safety and Title: The Proposed Extension of Part 4 Homeland Security. of the Commission's Rules Regarding Outage Reporting to Interconnected Voice Over Internet Protocol Service Providers and Broadband Internet Service Providers (PS Docket No. 11-82) Summary: The Commission will consider a Report and Order to extend outage reporting under Part IV of the rules to interconnected Voice over Internet Protocol (VoIP) service providers. Extended reporting will enable the Commission to fulfill statutory E9-1-1 obligations and help protect the growing number of Americans who rely on VOIP phone service.
Sunshine Act Meeting Notice
Document Number: 2012-3532
Type: Notice
Date: 2012-02-14
Agency: Federal Election Commission, Agencies and Commissions
Notice of Sunshine Act Meeting
Document Number: 2012-3527
Type: Notice
Date: 2012-02-14
Agency: Nuclear Regulatory Commission, Agencies and Commissions
Sunshine Act Meeting Notice, February 16, 2012
Document Number: 2012-3482
Type: Notice
Date: 2012-02-14
Agency: Tennessee Valley Authority, Agencies and Commissions
Sunshine Act Meeting Notice
Document Number: 2012-3478
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Determination Under the Textile and Apparel Commercial Availability Provision of the Dominican Republic-Central America-United States Free Trade Agreement (“CAFTA-DR Agreement”)
Document Number: 2012-3420
Type: Notice
Date: 2012-02-14
Agency: Committee for the Implementation of Textile Agreements, Agencies and Commissions
The Committee for the Implementation of Textile Agreements (``CITA'') has determined that certain faux suede bonded to faux fur pile fabric, as specified below, is not available in commercial quantities in a timely manner in the CAFTA-DR countries. The product will be added to the list in Annex 3.25 of the CAFTA-DR Agreement in unrestricted quantities.
Submission of Information Collection for OMB Review; Comment Request; Survey of Nonparticipating Single Premium Group Annuity Rates
Document Number: 2012-3417
Type: Notice
Date: 2012-02-14
Agency: Pension Benefit Guaranty Corporation, Agencies and Commissions
The Pension Benefit Guaranty Corporation (``PBGC'') is requesting that the Office of Management and Budget (``OMB'') extend approval, under the Paperwork Reduction Act, of a collection of information (OMB control number 1212-0030; expires March 31, 2012). This voluntary collection of information is a quarterly survey of insurance company rates for pricing annuity contracts. The American Council of Life Insurers conducts the survey for PBGC. This notice informs the public of PBGC's request and solicits public comment on the collection of information.
Disclosure to Investors in System-wide and Consolidated Bank Debt Obligations of the Farm Credit System
Document Number: 2012-3411
Type: Proposed Rule
Date: 2012-02-14
Agency: Farm Credit Administration, Agencies and Commissions
The Farm Credit Administration (FCA, us, we, or our) proposes to amend our regulations related to the Federal Farm Credit Banks Funding Corporation (Funding Corporation) System Audit Committee (SAC) and the Farm Credit System (System) annual report to investors. The proposed rule would remove the provision that a two-thirds majority vote of the Funding Corporation board of directors be required to deny a request for resources by the SAC to engage independent legal counsel, outside advisors or consultants. The proposed rule would instead require appropriate funding to the SAC to perform these duties, quarterly reporting by the SAC to the Funding Corporation board on resources used, and annual reporting to investors.
Notice Requesting Nominations for the Subcommittee on Automated and High Frequency Trading
Document Number: 2012-3409
Type: Notice
Date: 2012-02-14
Agency: Commodity Futures Trading Commission, Agencies and Commissions
The Commodity Futures Trading Commission (CFTC or Commission) is calling for nominations to the Subcommittee on Automated and High Frequency Trading (Subcommittee) under the auspices of the Technology Advisory Committee. The Subcommittee was established to develop recommendations regarding the definition of high frequency trading (HFT) in the context of the larger universe of automated trading. The definition of HFT is anticipated to serve as an initial step towards assessing the presence and impact of HFT in CFTC regulated markets for consideration of appropriate policy responses. The Subcommittee will report to the full Technology Advisory Committee. Developing a common definition of HFT and the characteristics of HFT will help inform the public debate as to the impact of such trading on markets under the jurisdiction of the CFTC. Regulators, markets, market participants, and the public will benefit from a common understanding of the activities and entities involved in HFT. All members of the Subcommittee will participate and consider possible criteria for inclusion in the definition of HFT within the context of automated trading systems (ATS) and suggest specific thresholds for each criterion. Nominations are sought for highly qualified representatives from industry, exchanges, academia, international regulatory and/or advisory bodies, groups representing interests or organizations involved in and/or affected by the development, design, and operation of ATS and HFT, and government agencies. Individuals seeking to be nominated to the Subcommittee should possess demonstrable expertise in a related field or represent a stakeholder of interest in the issue. Prospective nominees should be open to participating in an open public-private forum. Members of the Subcommittee will be appointed by a vote of the Commission as in accordance with the Federal Advisory Committee Act (FACA), 5 U.S.C. app. 2, and the charter of Technology Advisory Committee.
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Document Number: 2012-3358
Type: Notice
Date: 2012-02-14
Agency: Federal Reserve System, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3340
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3339
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3338
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3337
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3336
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Proposed Collection; Comment Request
Document Number: 2012-3335
Type: Notice
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
Information Collection Being Reviewed by the Federal Communications Commission
Document Number: 2012-3321
Type: Notice
Date: 2012-02-14
Agency: Federal Communications Commission, Agencies and Commissions
As part of its continuing effort to reduce paperwork burden and as required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501-3520), the Federal Communications Commission invites the general public and other Federal agencies to take this opportunity to comment on the following information collection(s). Comments are requested concerning: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; (b) the accuracy of the Commission's burden estimate; (c) ways to enhance the quality, utility, and clarity of the information collected; (d) ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and (e) ways to further reduce the information burden for small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the Paperwork Reduction Act (PRA) that does not display a valid OMB control number.
Information Collection Being Reviewed by the Federal Communications Commission Under Delegated Authority
Document Number: 2012-3320
Type: Notice
Date: 2012-02-14
Agency: Federal Communications Commission, Agencies and Commissions
As part of its continuing effort to reduce paperwork burden and as required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501-3520), the Federal Communications Commission invites the general public and other Federal agencies to take this opportunity to comment on the following information collection(s). Comments are requested concerning: (a) Whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; (b) the accuracy of the Commission's burden estimate; (c) ways to enhance the quality, utility, and clarity of the information collected; (d) ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and (e) ways to further reduce the information burden for small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the Paperwork Reduction Act (PRA) that does not display a valid OMB control number.
Reporting Line for the Commission's Inspector General
Document Number: 2012-3312
Type: Rule
Date: 2012-02-14
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission (``Commission'') is amending its rules to conform them to amendments made to the Inspector General Act of 1978 that require the Commission's Inspector General to report to and be under the general supervision of the full Commission.
Agency Information Collection Activities: Proposed Request and Comment Request
Document Number: 2012-3291
Type: Notice
Date: 2012-02-14
Agency: Social Security Administration, Agencies and Commissions
Astronomy and Astrophysics Advisory Committee; Notice of Meeting
Document Number: 2012-3285
Type: Notice
Date: 2012-02-14
Agency: National Science Foundation, Agencies and Commissions
Plan for Retrospective Analysis of Existing Rules
Document Number: 2012-3267
Type: Rule
Date: 2012-02-14
Agency: International Trade Commission, Agencies and Commissions
The United States International Trade Commission (Commission) gives notice of the adoption of a plan for the retrospective analysis of its existing regulations.
Partner Vetting in USAID Acquisitions
Document Number: 2012-3239
Type: Rule
Date: 2012-02-14
Agency: Agency for International Development, Agencies and Commissions
The U.S. Agency for International Development (USAID) is implementing a pilot for a Partner Vetting System for USAID assistance and acquisition awards. The purpose of the Partner Vetting System is to help ensure that USAID funds and other resources do not inadvertently benefit individuals or entities that are terrorists, supporters of terrorists or affiliated with terrorists, while also minimizing the impact on USAID programs and its implementing partners. We are amending the USAID Acquisition Regulations (AIDAR) regulations in order to apply the Partner Vetting System to USAID acquisitions for the pilot and any subsequent implementation of PVS that is determined appropriate.
Restructuring of the Office of Programs; Elimination of Regional Offices
Document Number: 2012-2808
Type: Proposed Rule
Date: 2012-02-14
Agency: Railroad Retirement Board, Agencies and Commissions
The Railroad Retirement Board (Board) proposes to amend its regulations to reflect the restructuring of the Office of Programs and the elimination of the Regional Offices.
Review and Approval of Projects
Document Number: 2012-2504
Type: Rule
Date: 2012-02-14
Agency: Susquehanna River Basin Commission, Agencies and Commissions
This document contains final rules that would amend the project review regulations of the Susquehanna River Basin Commission (Commission) to include definitions for new terms and an amended definition; provide for administrative approval of interbasin transfers of flowback and production fluids between drilling pad sites that are isolated from the waters of the basin; provide for administrative approval of out-of-basin transfers of flowback or produced fluids from a Commission approved hydrocarbon development project to an out-of- basin treatment or disposal facility; insert language authorizing renewal of expiring approvals, including Approvals by Rule (ABRs); delete specific references to geologic formations that may be the subject of natural gas development using hydrofracture stimulation and replace with a generic category``unconventional natural gas development;'' broaden the scope of ABRs issued to include hydrocarbon development of any kind utilizing the waters of the basin, not just unconventional natural gas well development; memorialize the current practice of requiring post-hydrofracture reporting; and provide further procedures for the approval of water sources utilized at projects subject to the ABR process.
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