Culturally Significant Objects Imported for Exhibition Determinations: “The Power of Conversation: Jewish Women and Their Salons”, 7132 [05-2623]

Download as PDF 7132 Federal Register / Vol. 70, No. 27 / Thursday, February 10, 2005 / Notices address the special concerns attendant to the trading of hybrid securities like the Notes. For example, Section 107A of the Company Guide provides that the only issuers satisfying substantial asset and equity requirements may issue securities, such as the Notes. In addition, the Exchange’s ‘‘Other Securities’’ listing standards further require that the Notes have a market value of at least $4 million.21 By imposing the hybrid listing standards, suitability, disclosure, and compliance requirements noted above, the Commission believes that the Exchange has addressed adequately the potential problems that could arise from the hybrid nature of the Notes. In approving the products, the Commission recognizes that the DJIA is a price-weighted index comprised of 30 common stocks chosen by the editors of the WSJ as representative of the broad market of U.S. industry, with each stock affecting the DJIA in proportion to its market price. Given the large trading volume and capitalization of compositions of the stocks underlying the DJIA, the Commission believes that the listing and trading of the Notes that are linked to the DJIA should not unduly impact the market for the underlying securities comprising the DJIA or raise manipulative concerns. Moreover, the issuers of the underlying securities comprising the DJIA, are subject to reporting requirements under the Act, and all of the component stocks are either listed or traded on, or traded through the facilities of U.S. securities markets. The Commission also believes that any concerns that a broker-dealer, such as Citigroup, or a subsidiary providing a hedge for the issuer, will incur undue position exposure are minimized by the size of the Notes issuance in relation to the net worth of Citigroup.22 Finally, the Commission notes that the value of the DJIA will be disseminated at least once every fifteen seconds throughout the trading day. The 21 The Commission also notes that the 30 component stocks that comprise the DJIA are reporting companies under the Act, and the Notes will be registered under Section 12 of the Act. 22 See Securities Exchange Act Release Nos. 44913 (October 9, 2001), 66 FR 52469 (October 15, 2001) (order approving the listing and trading of notes whose return is based on the performance of the Nasdaq-100 Index) (File No. SR–NASD–2001– –73); 44483 (June 27, 2001), 66 FR 35677 (July 6, 2001) (order approving the listing and trading of notes whose return is based on a portfolio of 20 securities selected from the Amex Institutional Index) (File No. SR–Amex–2001–40); and 37744 (September 27, 1996), 61 FR 52480 (October 7, 1996) (order approving the listing and trading of notes whose return is based on a weighted portfolio of healthcare/biotechnology industry securities) (File No. SR–Amex–96–27). VerDate jul<14>2003 16:20 Feb 09, 2005 Jkt 205001 V. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Act,25 that the proposed rule change (SR–Amex–2004– 101) is hereby approved on an accelerated basis. included in the exhibition ‘‘The Power of Conversation: Jewish Women and their Salons,’’ imported from abroad for temporary exhibition within the United States, are of cultural significance. The objects are imported pursuant to loan agreements with the foreign owners. I also determine that the exhibition or display of the exhibit objects at the Jewish Museum, New York, NY, from on or about March 4, 2005, to on or about July 10, 2005; the McMullen Museum, Boston College, Boston, MA, from on or about August 22, 2005, to on or about December 4, 2005, and at possible additional venues yet to be determined, is in the national interest. Public Notice of these Determinations is ordered to be published in the Federal Register. FOR FURTHER INFORMATION CONTACT: For further information, including a list of the exhibit objects, contact Julianne Simpson, Attorney-Adviser, Office of the Legal Adviser, U.S. Department of State, (telephone: (202) 453–8049). The address is U.S. Department of State, SA– 44, 301 4th Street, SW., Room 700, Washington, DC 20547–0001. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.26 Margaret H. McFarland, Deputy Secretary. [FR Doc. E5–571 Filed 2–9–05; 8:45 am] Dated: February 4, 2005. C. Miller Crouch, Principal Deputy Assistant Secretary for Educational and Cultural Affairs, Department of State. [FR Doc. 05–2623 Filed 2–9–05; 8:45 am] BILLING CODE 8010–01–P BILLING CODE 4710–08–P Exchange represents that the DJIA will be determined, calculated, and maintained by the editors of the WSJ. The Exchange has requested and the Commission finds good cause for approving the proposed rule change prior to the thirtieth day after the date of publication of notice of filing thereof in the Federal Register. The Commission believes that the Notes will provide investors with an additional investment choice and that accelerated approval of the proposal will allow investors to begin trading the Notes promptly. In addition, the Commission notes that it has previously approved the listing and trading of similar Notes and other hybrid securities based on the Index.23 Accordingly, the Commission believes that there is good cause, consistent with Sections 6(b)(5) and 19(b)(2) of the Act,24 to approve the proposal, on an accelerated basis. DEPARTMENT OF STATE DEPARTMENT OF STATE [Public Notice 4989] [Public Notice 4990] Culturally Significant Objects Imported for Exhibition Determinations: ‘‘The Power of Conversation: Jewish Women and Their Salons’’ Notice is hereby given of the following determinations: Pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), Executive Order 12047 of March 27, 1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112 Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of Authority No. 234 of October 1, 1999, Delegation of Authority No. 236 of October 19, 1999, as amended, and Delegation of Authority No. 257 of April 15, 2003 [68 FR 19875], I hereby determine that the objects to be PO 00000 23 See supra note 22. U.S.C. 78f(b)(5) and 78s(b)(2). 25 15 U.S.C. 78s(b)(2). 26 17 CFR 200.30–3(a)(12). 24 15 Frm 00059 Fmt 4703 Sfmt 4703 Department of State. Notice. AGENCY: ACTION: Department of State. ACTION: Notice. AGENCY: SUMMARY: Culturally Significant Objects Imported for Exhibition Determinations: ‘‘Thomas Demand’’ SUMMARY: Notice is hereby given of the following determinations: Pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), Executive Order 12047 of March 27, 1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112 Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of Authority No. 234 of October 1, 1999, Delegation of Authority No. 236 of October 19, 1999, as amended, and Delegation of Authority No. 257 of April 15, 2003 [68 FR 19875], I hereby determine that the objects to be included in the exhibition ‘‘Thomas Demand,’’ imported from abroad for temporary exhibition within the United States, are of cultural significance. The objects are imported pursuant to loan agreements with the foreign owners. I E:\FR\FM\10FEN1.SGM 10FEN1

Agencies

[Federal Register Volume 70, Number 27 (Thursday, February 10, 2005)]
[Notices]
[Page 7132]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-2623]


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DEPARTMENT OF STATE

[Public Notice 4990]


Culturally Significant Objects Imported for Exhibition 
Determinations: ``The Power of Conversation: Jewish Women and Their 
Salons''

AGENCY: Department of State.

ACTION: Notice.

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SUMMARY: Notice is hereby given of the following determinations: 
Pursuant to the authority vested in me by the Act of October 19, 1965 
(79 Stat. 985; 22 U.S.C. 2459), Executive Order 12047 of March 27, 
1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112 
Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of 
Authority No. 234 of October 1, 1999, Delegation of Authority No. 236 
of October 19, 1999, as amended, and Delegation of Authority No. 257 of 
April 15, 2003 [68 FR 19875], I hereby determine that the objects to be 
included in the exhibition ``The Power of Conversation: Jewish Women 
and their Salons,'' imported from abroad for temporary exhibition 
within the United States, are of cultural significance. The objects are 
imported pursuant to loan agreements with the foreign owners. I also 
determine that the exhibition or display of the exhibit objects at the 
Jewish Museum, New York, NY, from on or about March 4, 2005, to on or 
about July 10, 2005; the McMullen Museum, Boston College, Boston, MA, 
from on or about August 22, 2005, to on or about December 4, 2005, and 
at possible additional venues yet to be determined, is in the national 
interest. Public Notice of these Determinations is ordered to be 
published in the Federal Register.

FOR FURTHER INFORMATION CONTACT: For further information, including a 
list of the exhibit objects, contact Julianne Simpson, Attorney-
Adviser, Office of the Legal Adviser, U.S. Department of State, 
(telephone: (202) 453-8049). The address is U.S. Department of State, 
SA-44, 301 4th Street, SW., Room 700, Washington, DC 20547-0001.

    Dated: February 4, 2005.
C. Miller Crouch,
Principal Deputy Assistant Secretary for Educational and Cultural 
Affairs, Department of State.
[FR Doc. 05-2623 Filed 2-9-05; 8:45 am]
BILLING CODE 4710-08-P