Sunshine Act Meeting Federal Register Citation of Previous Announcement: [To be published], 69365-69366 [05-22720]
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Federal Register / Vol. 70, No. 219 / Tuesday, November 15, 2005 / Notices
which the Issuer is incorporated, and by
filing the required documents governing
the withdrawal of securities from listing
and registration on BSE.
The Issuer’s application relates solely
to withdrawal of the Security from
listing on BSE and from registration
under section 12(b) of the Act,3 and
shall not affect its obligation to be
registered under section 12(g) of the
Act.4
Any interested person may, on or
before December 5, 2005, comment on
the facts bearing upon whether the
application has been made in
accordance with the rules of BSE, and
what terms, if any, should be imposed
by the Commission for the protection of
investors. All comment letters may be
submitted by either of the following
methods:
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/delist.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include the
File Number 1–08366; or
Paper Comments
• Send paper comments in triplicate
to Jonathan G. Katz, Secretary,
Securities and Exchange Commission,
450 Fifth Street, NW., Washington, DC
20549–9303. All submissions should
refer to File Number 1–08366. This file
number should be included on the
subject line if e-mail is used. To help us
process and review your comments
more efficiently, please use only one
method. The Commission will post all
comments on the Commission’s Internet
Web site (https://www.sec.gov/rules/
delist.shtml). Comments are also
available for public inspection and
copying in the Commission’s Public
Reference Room. All comments received
will be posted without change; we do
not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly.
The Commission, based on the
information submitted to it, will issue
an order granting the application after
the date mentioned above, unless the
Commission determines to order a
hearing on the matter.
3 15
4 15
U.S.C. 78l(b).
U.S.C. 78l(g).
VerDate Aug<31>2005
15:50 Nov 14, 2005
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.5
Jonathan G. Katz,
Secretary.
[FR Doc. E5–6265 Filed 11–14–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold the following
meetings during the week of November
14, 2005:
An Open Meeting will be held on Monday,
November 14, 2005 at 11 a.m. in Room
10800, and Closed Meetings will be held on
Tuesday, November 15, 2005 at 3 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meetings. Certain
staff members who have an interest in
the matters may also be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), (9)(B), and
(10) and 17 CFR 200.402(a)(3), (5), (7),
9(ii) and (10) permit consideration of
the scheduled matters at the Closed
Meetings.
Commissioner Campos, as duty
officer, voted to consider the items
listed for the closed meeting in closed
sessions and that no earlier notice
thereof was possible.
The subject matter of the Open
Meeting scheduled for Monday,
November 14, 2005 will be:
The Commission will hear oral argument
on an appeal by the Division of Enforcement
from the decision of an administrative law
judge. The law judge dismissed the
Division’s charges against William Kissinger,
who was formerly a registered representative
and office of supervisory jurisdiction
principal of registered broker-dealer IFG
Network Securities, Inc. (‘‘IFG’’), and who
was associated with Kissinger Advisory,
formerly a registered investment adviser. The
Division alleged that Kissinger violated
section 17(a) of the Securities Act of 1933,
section 10(b) of the Securities Exchange Act
of 1934 and Rule 10b–5 thereunder, and that
he aided and abetted Kissinger Advisory’s
violations of Sections 206(1) and 206(2) of
the Investment Advisers Act of 1940. The
Division maintains that Kissinger failed to
disclose material information in connection
with his sale of Class B shares of certain
5 17
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CFR 200.30–3(a)(1).
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69365
mutual funds to six customers in 1999 and
2000. The law judge also dismissed the
Division’s charges that IFG and David
Ledbetter, IFG’s president from 1989 to 2000,
had failed reasonably to supervise Kissinger
with a view to preventing his violations of
the antifraud provisions, as required by
Sections 15(b)(4)(E) and 15(b)(6) of the
Exchange Act.
Among the issues likely to be argued are
whether Kissinger violated the antifraud
provisions of the federal securities laws,
whether IFG and Ledbetter failed reasonably
to supervise Kissinger and, if violations are
found, whether it is in the public interest to
impose sanctions.
The subject matter of the Closed
Meeting scheduled for Tuesday,
November 15, 2005 will be:
Report of an investigation.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact:
The Office of the Secretary at (202)
551–5400.
Dated: November 9, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05–22658 Filed 11–9–05; 4:29 pm]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting Federal Register
Citation of Previous Announcement:
[To be published]
Closed meeting.
100 F Street, NE., Washington,
STATUS:
PLACE:
DC.
ANNOUNCEMENT OF ADDITIONAL MEETING:
Additional meeting.
An additional closed meeting has
been scheduled for Thursday, November
17, 2005 at 2:15 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters may also be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), (9)(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10) permit consideration of the
scheduled matter at the closed meeting.
Commissioner Campos, as duty
officer, voted to consider the items
listed for the closed meeting in closed
session.
E:\FR\FM\15NON1.SGM
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69366
Federal Register / Vol. 70, No. 219 / Tuesday, November 15, 2005 / Notices
The subject matter of the closed
meeting scheduled for Thursday,
November 17, 2005 will be:
Formal orders of investigations;
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings of an
enforcement nature; and
Consideration of submission of a
confidential request for information.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items. For further
information and to ascertain what, if
any, matters have been added, deleted
or postponed, please contact the Office
of the Secretary at (202) 551–5400.
Dated: November 10, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05–22720 Filed 11–10–05; 12:52
pm]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 35–28058]
Filings Under the Public Utility Holding
Company Act of 1935, as Amended
(‘‘Act’’)
November 7, 2005.
Notice is hereby given that the
following filing(s) has/have been made
with the Commission under provisions
of the Act and rules promulgated under
the Act. All interested persons are
referred to the application(s) and/or
declaration(s) for complete statements of
the proposed transaction(s) summarized
below. The application(s) and/or
declaration(s) and any amendment(s) is/
are available for public inspection
through the Commission’s Branch of
Public Reference.
Interested persons wishing to
comment or request a hearing on the
application(s) and/or declaration(s)
should submit their views in writing by
December 2, 2005, to the Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–9303, and serve a copy on the
relevant applicant(s) and/or declarant(s)
at the address(es) specified below. Proof
of service (by affidavit or, in the case of
an attorney at law, by certificate) should
be filed with the request. Any request
for hearing should identify specifically
the issues of facts or law that are
disputed. A person who so requests will
be notified of any hearing, if ordered,
and will receive a copy of any notice or
order issued in the matter. After
December 2, 2005, the application(s)
VerDate Aug<31>2005
15:50 Nov 14, 2005
Jkt 208001
and/or declaration(s), as filed or as
amended, may be granted and/or
permitted to become effective.
Entergy Corporation, et. al. (70–10335)
Entergy Corporation (‘‘Entergy’’), 639
Loyola Avenue, New Orleans, LA
70113, a registered holding company
under the Act, and Entergy’s direct
public utility subsidiary Entergy New
Orleans, Inc. (‘‘New Orleans’’), 1600
Perdido Building, New Orleans, LA,
70112, have filed a declaration/
application (‘‘Declaration’’) under
sections 6(a), 7, 9(a), 10 and 12(b) of the
Act and rule 45 under the Act.
I. Background
New Orleans serves approximately
190,000 electric and 147,000 gas
customers in Orleans parish, including
the City of New Orleans, Louisiana
(‘‘City’’). On September 23, 2005, New
Orleans filed a petition (‘‘Voluntary
Petition’’) for relief under Chapter 11 of
the United States Bankruptcy Code
(‘‘Bankruptcy Code’’) in the United
States Bankruptcy Court for the Eastern
District of Louisiana (‘‘Bankruptcy
Court’’). The Voluntary Petition was
precipitated by the unanticipated and
devastating impact of Hurricane Katrina,
which destroyed substantial portions of
New Orleans’ facilities, disrupted its
revenues, and, with the evacuation of
the City, eliminated at least in the short
term, the quality of New Orleans’ rate
base, which is directly linked to the
fortunes of the City. New Orleans is
continuing in possession of its
properties and has continued to operate
its business as a debtor-in-possession
pursuant to sections 1107(a) and 1108 of
the Bankruptcy Code.
By order dated September 26, 2005
(Holding Company Act Release No.
28036) (‘‘Original Order’’) Entergy and
New Orleans were authorized, among
other things,1 to enter into a $200
million credit agreement (‘‘Credit
Facility’’) pursuant to which New
Orleans could borrow up to $150
million from Entergy in order to enable
New Orleans to pay its vendors and
suppliers, including a payment on
September 26, 2005, of approximately
$36 million to fuel suppliers, to make
payroll, to make capital expenditures,
and to satisfy other working capital and
operational needs.
1 Under the Original Order, the Commission also
modified the terms of two outstanding Commission
orders eliminating the requirement that New
Orleans maintain common equity of at least 30% of
its total capitalization and maintain investment
grade credit ratings on securities of New Orleans
that are rated. See Holding Company Act Release
No. 27864 (June 30, 2004) and Holding Company
Act Release No. 27918 (November 30, 2004).
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
All borrowings by New Orleans under
the Credit Facility are secured by a first
lien on all unencumbered property of
New Orleans and a junior lien on
property subject to existing liens,
including liens under a mortgage and
deed of trust dated as of May 1, 1987
with the Bank of New York as successor
trustee and Stephen J. Giurlando as
successor co-trustee, and a loan
agreement effective as of July 6, 2004
and a security agreement effective July
2005 between Hibernia National Bank
and New Orleans.
Borrowings under the Credit Facility
must be repaid by New Orleans not later
than August 23, 2006 and bear interest
at a rate, calculated daily, equal to
Entergy’s effective cost of funds rate
(currently approximately 4.6%), as
determined under a credit agreement
between Entergy and Citibank, N.A., as
administrative agent.
II. Requested Authorization
New Orleans’ has borrowed $60
million under the Credit Facility.
However, Applicants state that they
anticipate that New Orleans will require
funding under the Credit Facility in an
aggregate amount in excess of the $150
million authorized under the Original
Order.
The Applicants request that the
Commission increase New Orleans’
authority to borrow from Entergy (70–
10335) under the Credit Facility by $50
million, so as to allow it to borrow up
to $200 million aggregate principal
amount 2 from time to time through
February 8, 2006.3
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. E5–6264 Filed 11–14–05; 8:45 am]
BILLING CODE 8010–01–P
2 On September 26, 2005, the Bankruptcy Court
entered an interim order authorizing New Orleans
to borrow up to $100 million under the Credit
Facility, until entry of the final order in the
proceeding, and to execute, deliver and perform the
Credit Facility. On October 26, 2005, the
Bankruptcy Court authorized New Orleans to
increase its borrowing limit to up to $200 million
under the Credit Facility.
3 The Energy Policy Act of 2005 repealed the
Public Utility Holding Company Act of 1935,
effective February 8, 2006.
E:\FR\FM\15NON1.SGM
15NON1
Agencies
[Federal Register Volume 70, Number 219 (Tuesday, November 15, 2005)]
[Notices]
[Pages 69365-69366]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-22720]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting Federal Register Citation of Previous
Announcement: [To be published]
Status: Closed meeting.
Place: 100 F Street, NE., Washington, DC.
Announcement of Additional Meeting: Additional meeting.
An additional closed meeting has been scheduled for Thursday,
November 17, 2005 at 2:15 p.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the closed meeting.
Certain staff members who have an interest in the matters may also be
present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (7), (9)(B) and (10) and 17 CFR
200.402(a)(3), (5), (7), 9(ii) and (10) permit consideration of the
scheduled matter at the closed meeting.
Commissioner Campos, as duty officer, voted to consider the items
listed for the closed meeting in closed session.
[[Page 69366]]
The subject matter of the closed meeting scheduled for Thursday,
November 17, 2005 will be:
Formal orders of investigations;
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings of an
enforcement nature; and
Consideration of submission of a confidential request for
information.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items. For further information and to
ascertain what, if any, matters have been added, deleted or postponed,
please contact the Office of the Secretary at (202) 551-5400.
Dated: November 10, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05-22720 Filed 11-10-05; 12:52 pm]
BILLING CODE 8010-01-P