Wisconsin District Advisory Council; Public Meeting, 70911 [05-23125]
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Federal Register / Vol. 70, No. 225 / Wednesday, November 23, 2005 / Notices
that a gross negligence standard of care
is appropriate for OCC.10
OCC believes that the proposed rule
change is consistent with the
requirements of section 17A of the
Act 11 and the rules and regulations
thereunder applicable to OCC because it
will permit the resources of OCC to be
appropriately utilized for promoting the
prompt and accurate clearance and
settlement of options transactions and
for providing for the safeguarding of
securities and funds in its custody or
control or for which it is responsible.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
OCC does not believe that the
proposed rule change would impose any
burden on competition.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
Written comments were not and are
not intended to be solicited with respect
to the proposed rule change, and none
have been received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within thirty-five days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
ninety days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
10 Specifically, OCC is proposing to amend
Article VI of its By-Laws, ‘‘Clearance of Exchange
Transactions,’’ by adding new section 25,
‘‘Limitation of Liability,’’ which would state:
(a) Notwithstanding any other provision in the
By-Laws and Rules, the Corporation will not be
liable for any action taken, or any delay or failure
to take any action, under the By-Laws and Rules or
otherwise, to fulfill the Corporation’s obligations to
its Clearing Members, other than for losses caused
directly by the Corporation’s gross negligence,
willful misconduct, or violation of federal securities
laws for which there is a private right of action.
Under no circumstances will the Corporation be
liable for the acts, delays, omissions, bankruptcy, or
insolvency of any third party, including, without
limitation, any bank or other depository, custodian,
sub-custodian, clearing or settlement system, data
communication service, or other third party, unless
the Corporation was grossly negligent, engaged in
willful misconduct, or was in violation of federal
securities laws for which there is a private right of
action, in selecting such third party; and
(b) Under no circumstances will the Corporation
be liable for any indirect, consequential, incidental,
special, punitive or exemplary loss or damage
(including, but not limited to, loss of business, loss
of profits, trading losses, loss of opportunity and
loss of use) however suffered or incurred, regardless
of whether the Corporation has been advised of the
possibility of such damages or whether such
damages otherwise could have been foreseen or
prevented.
11 15 U.S.C. 78q–1.
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17:33 Nov 22, 2005
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70911
(ii) as to which the self-regulatory
organization consents, the Commission
will:
(A) By order approve such proposed
rule change or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
2003–13 and should be submitted on or
before December 14, 2005.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change, as amended, is consistent with
the Act. Comments may be submitted by
any of the following methods:
BILLING CODE 8010–01–P
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.12
Jonathan G. Katz,
Secretary.
[FR Doc. E5–6456 Filed 11–22–05; 8:45 am]
SMALL BUSINESS ADMINISTRATION
Wisconsin District Advisory Council;
Public Meeting
The U.S. Small Business
Administration, Wisconsin District
Advisory Council will be hosting a
public meeting to discuss such matters
that may be presented by members, and
staff of the U.S. Small Business
Administration, or others present. The
meeting will be held on Tuesday,
December 13, 2005 starting at 1:30 p.m.
The meeting will be held at the U.S.
Paper Comments
Small Business Administration,
Wisconsin-Milwaukee District Office,
• Send paper comments in triplicate
310 West Wisconsin Avenue, Suite 400,
to Jonathan G. Katz, Secretary,
Milwaukee, Wisconsin.
Securities and Exchange Commission,
Anyone wishing to attend must
100 F Street, NE., Washington, DC
contact Cindy Merrigan in writing or by
20549–9303.
fax. Cindy Merrigan, Computer
All submissions should refer to File
Specialist, U.S. Small Business
Number SR–OCC–2003–13. This file
Administration, 740 Regent Street, Suite
number should be included on the
subject line if e-mail is used. To help the 100, Madison, Wisconsin 53715, phone
(608) 441–5560, fax (202) 481–0815, eCommission process and review your
mail: cindy.merrigan@sba.gov.
comments more efficiently, please use
only one method. The Commission will Matthew K. Becker,
post all comments on the Commission’s Committee Management Officer.
Internet Web site (https://www.sec.gov/
[FR Doc. 05–23125 Filed 11–22–05; 8:45 am]
rules/sro.shtml). Copies of the
BILLING CODE 8025–01–P
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
OFFICE OF THE UNITED STATES
change that are filed with the
TRADE REPRESENTATIVE
Commission, and all written
communications relating to the
Trade Policy Staff Committee; Notice
proposed rule change between the
of Availability and Request for Public
Commission and any person, other than
Comment on Interim Environmental
those that may be withheld from the
Review of United States-Thailand Free
public in accordance with the
Trade Agreement
provisions of 5 U.S.C. 552, will be
available for inspection and copying in
AGENCY: Office of the United States
the Commission’s Public Reference
Trade Representative.
Section, 100 F Street, NE., Washington,
ACTION: Notice of availability and
DC 20549. Copies of such filing also will request for public comment.
be available for inspection and copying
at the principal office of OCC and on
SUMMARY: The Office of the U.S. Trade
OCC’s Web site at https://
Representative (USTR), on behalf of the
www.theocc.com. All comments
Trade Policy Staff Committee (TPSC),
received will be posted without change; seeks comment on the interim
the Commission does not edit personal
environmental review of the proposed
identifying information from
United States-Thailand Free Trade
submissions. You should submit only
Agreement (FTA). The interim
information that you wish to make
environmental review is available at
available publicly. All submissions
12 17 CFR 200.30–3(a)(12).
should refer to File Number SR–OCC–
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number SR–OCC–2003–13 on the
subject line.
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Agencies
[Federal Register Volume 70, Number 225 (Wednesday, November 23, 2005)]
[Notices]
[Page 70911]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-23125]
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SMALL BUSINESS ADMINISTRATION
Wisconsin District Advisory Council; Public Meeting
The U.S. Small Business Administration, Wisconsin District Advisory
Council will be hosting a public meeting to discuss such matters that
may be presented by members, and staff of the U.S. Small Business
Administration, or others present. The meeting will be held on Tuesday,
December 13, 2005 starting at 1:30 p.m. The meeting will be held at the
U.S. Small Business Administration, Wisconsin-Milwaukee District
Office, 310 West Wisconsin Avenue, Suite 400, Milwaukee, Wisconsin.
Anyone wishing to attend must contact Cindy Merrigan in writing or
by fax. Cindy Merrigan, Computer Specialist, U.S. Small Business
Administration, 740 Regent Street, Suite 100, Madison, Wisconsin 53715,
phone (608) 441-5560, fax (202) 481-0815, e-mail:
cindy.merrigan@sba.gov.
Matthew K. Becker,
Committee Management Officer.
[FR Doc. 05-23125 Filed 11-22-05; 8:45 am]
BILLING CODE 8025-01-P