Proposed Collection; Comment Request, 44054-44055 [E6-12560]
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44054
Federal Register / Vol. 71, No. 149 / Thursday, August 3, 2006 / Notices
schedule extended discovery or a
hearing. Rule 197(c) [39 CFR
3001.197(c)].
Participants intending to object to
proceeding under rule 197 [39 CFR
3001.197] shall file supporting written
argument, if any, by August 14, 2006.
Participants also shall file statements
identifying issues that would indicate
the need to schedule a hearing by
August 14, 2006. The Commission
intends to make a decision on these
issues shortly after the prehearing
conference.
Motion for expedition. The Postal
Service’s motion for expedition and to
show cause is denied. Rule 197(d) [39
CFR 3001.197(d)] already provides for
expedited treatment of requests to
renew negotiated service agreements.
Likewise, rule 197(c) [38 CFR
3001.197(c)] already requires
participants to plead whether or not any
material issues of fact exist that require
discovery or evidentiary hearings at the
time of the prehearing conference.
Ordering Paragraphs
It is ordered:
hsrobinson on PROD1PC69 with NOTICES
1. The Commission establishes Docket
No. MC20056–6 to consider the Postal
Service Request referred to in the body
of this order.
2. The Commission will sit en banc in
this proceeding.
3. Shelley S. Dreifuss, director of the
Commission’s Office of the Consumer
Advocate, is designated to represent the
interests of the general public.
4. The deadline for filing notices of
intervention is August 14, 2006.
5. A prehearing conference will be
held August 15, 2006 at 2 p.m. in the
Commission’s hearing room.
6. Participants shall file statements
identifying issues that would indicate
the need to schedule a hearing, or
objections to proceeding under rule 197
[39 CFR 3001.197] by August 14, 2006.
7. The Motion of the United States
Postal Service for Expedited Issuance of
a Recommended Decision, filed July 26,
2006, is denied.
8. The Secretary shall arrange for
publication of this notice and order in
the Federal Register.
Issued: July 27, 2006.
By the Commission.
Steven W. Williams,
Secretary.
[FR Doc. 06–6653 Filed 8–2–06; 8:45 am]
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RAILROAD RETIREMENT BOARD
Proposed Collection; Comment
Request
SUMMARY: In accordance with the
requirement of Section 3506(c)(2)(A) of
the Paperwork Reduction Act of 1995
which provides opportunity for public
comment on new or revised data
collections, the Railroad Retirement
Board (RRB) will publish periodic
summaries of proposed data collections.
Comments are invited on: (a) Whether
the proposed information collection is
necessary for the proper performance of
the functions of the agency, including
whether the information has practical
utility; (b) the accuracy of the RRB’s
estimate of the burden of the collection
of the information; (c) ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden related to
the collection of information on
respondents, including the use of
automated collection techniques or
other forms of information technology.
Title and purpose of information
collection: Job Information Report, OMB
3220–0193. In July of 1997, the Railroad
Retirement Board (RRB) adopted
standards for the adjudication of
occupational disabilities under the
Railroad Retirement Act (RRA). As part
of these standards, the RRB requests job
information to determine an applicant’s
eligibility for an occupational disability.
The job information received from the
railroad employer and railroad
employee is compared, reconciled (if
needed), and then used in the
occupational disability determination
process. The process of obtaining
information from railroad employers
used to determine an applicant’s
eligibility for an occupational disability
is outlined in 20 CFR 220.13.
To determine an occupational
disability, the RRB determines if an
employee is precluded from performing
the full range of duties of his or her
regular railroad occupation. This is
accomplished by comparing the
restrictions on impairment(s) causes
against an employee’s ability to perform
his/her normal duties. To collect
information needed to determine the
effect of a disability on an applicant’s
ability to work, the RRB needs the
applicant’s work history. The RRB
currently utilizes Form G–251,
Vocational Report (OMB 3220–0141), to
obtain this information from the
employee applicant.
Note: Form G–251 is provided to all
applicants for employee disability annuities
and to those applicants for a widow(er)’s
PO 00000
Frm 00042
Fmt 4703
Sfmt 4703
disability annuity who indicate that they
have been employed at some time.
In accordance with the standards, the
RRB also requests pertinent job
information from employers. The
employer is given thirty days from the
date of the notice to respond. The
responses are not required, but are
voluntary. If the job information is
received timely, it is compared to the
job information provided by the
employee. Any material differences are
resolved by an RRB disability examiner.
Once resolved, the information is
compared to the restrictions caused by
the medical impairment. If the
restrictions prohibit the performance of
the regular railroad occupation, the
claimant is found occupationally
disabled.
The RRB uses two forms to secure job
information data from the railroad
employer. RRB Form G–251a, Employer
Job Information (job description), is
released to an employer when an
application for an occupational
disability is filed by an employee whose
regular railroad occupation is one of the
more common types of railroad jobs
(locomotive engineer, conductor,
switchman, etc.) It is accompanied by a
*generic job description* for that
particular railroad job. The generic job
descriptions describe how these select
occupations are generally performed in
the railroad industry. However, not all
occupations are performed the same
way from railroad to railroad. Thus, the
employer is given an opportunity to
comment on whether the job description
matches the employee’s actual duties. If
the employer concludes that the generic
job description accurately describes the
work performed by the applicant, no
further action will be necessary. If the
employer determines that the tasks are
different, it may provide the RRB with
a description of the actual job tasks. The
employer has thirty days from the date
the form is released to reply.
Form G–251b, Employer Job
Information (general), is released to an
employer when an application for an
RRB occupational disability is filed by
an employee whose regular railroad
occupation does not have a generic job
description. It notifies the employer that
the employee has filed for a disability
annuity and that, if the employer
wishes, it may provide the RRB with job
duty information. The type of
information the RRB is seeking is
outlined on the form. The employer has
thirty days from the date the form is
released to reply.
The RRB proposes no changes to
Forms G–251a and G–251b.
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03AUN1
Federal Register / Vol. 71, No. 149 / Thursday, August 3, 2006 / Notices
The completion time for Form G–251a
and G–251b is estimated at 20 minutes.
Completion is voluntary. The RRB
estimates that approximately 125 G–
251a’s and 305 G–251b’s are completed
annually.
Additional Information Or Comments:
To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, please call the RRB
Clearance Officer at (312) 751–3363 or
send an e-mail request to
Charles.Mierzwa@RRB.GOV. Comments
regarding the information collection
should be addressed to Ronald J.
Hodapp, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois
60611–2092 or send an e-mail to
Ronald.Hodapp@RRB.GOV. Written
comments should be received within 60
days of this notice.
Charles Mierzwa,
Clearance Officer.
[FR Doc. E6–12560 Filed 8–2–06; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54227; File No. SR–Amex–
2006–65]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change and
Amendment No. 1 Thereto Relating to
the Suspension of Transaction
Charges for Specialist Orders in the
Nasdaq-100 Tracking Stock (QQQQ)
July 27, 2006.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that, on July 13,
2006, the American Stock Exchange LLC
(‘‘Amex’’ or ‘‘Exchange’’) submitted to
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by Amex. On July 25,
2006, the Exchange submitted
Amendment No. 1 to the proposed rule
change.3 Amex has designated the
proposal as one establishing or changing
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 In Amendment No. 1, the Exchange altered the
proposed rule text to reflect that the transaction
charges have been suspended in the Nasdaq-100
Index Tracking Stock (QQQQ) from July 13, 2006
(rather than July 10, 2006), through August 31,
2006, for specialist orders. The Exchange made
corresponding changes to the Purpose section. The
Exchange also changed a reference to the annual
technology fee in the Purpose section.
hsrobinson on PROD1PC69 with NOTICES
2 17
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15:20 Aug 02, 2006
Jkt 208001
a due, fee, or other charge imposed by
the Exchange pursuant to Section
19(b)(3)(A)(iii) of the Act 4 and Rule
19b–4(f)(2) thereunder,5 which renders
it effective upon filing with the
Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change,
as amended, from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
Amex Exchange Traded Funds and
Trust Issued Receipts Fee Schedule (the
‘‘ETF Fee Schedule’’) to suspend
transaction charges for specialist orders
in connection with the trading of the
Nasdaq-100 Index Tracking Stock
(Symbol: QQQQ) from July 13, 2006
through August 31, 2006. The text of the
proposed rule change is available on
Amex’s Web site (https://
www.amex.com), at Amex’s Office of the
Secretary, and at the Commission’s
Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
Amex included statements concerning
the purpose of, and basis for, the
proposed rule change, as amended, and
discussed any comments it received on
the proposal. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in Sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to suspend
transaction charges for specialist orders
in the QQQQ from July 13, 2006 through
August 31, 2006. The previous
suspension of specialist transaction
charges in the QQQQ terminated on
June 30, 2006.
Specialist orders currently are
charged $0.0034 ($0.34 per 100 shares),
capped at $300 per trade (88,235
shares). Effective December 1, 2004, the
Nasdaq-100 Index Tracking Stock
formerly ‘‘QQQ,’’ transferred its listing
from Amex to the Nasdaq Stock Market,
Inc. It now trades on Nasdaq under the
symbol QQQQ. After the transfer, Amex
4 15
5 17
PO 00000
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(2).
Frm 00043
Fmt 4703
Sfmt 4703
44055
began trading QQQQ on an unlisted
trading privileges basis. Amex
previously suspended the transaction
charges of specialist orders in
connection with the QQQQ through
June 30, 2006.6
The Exchange asserts that the
proposed suspension of transaction fees
for specialist orders in connection with
the QQQQ is consistent with Section
6(b)(4) of the Act.7 Specifically, the
Exchange believes that the proposal
provides for an equitable allocation of
reasonable fees among Exchange
members largely based on the fact that
a specialist has greater obligations than
other members and are also subject to
other Exchange fees, in addition to
transaction fees.
In connection with the proposal to
suspend or waive transaction fees for
specialist orders in the QQQQ, the
Exchange notes that specialists are
subject to a variety of Exchange fees
other than transaction charges. For
example, the Exchange imposes floor
fees solely on specialists such as a floor
clerk fee, a floor facility fee, a post fee,
and a registration fee.8 In addition, for
those members on the floor of the
Exchange, a technology fee and
membership fees are also charged by the
Exchange.9 Certain market participants,
such as customers, non-member brokerdealers and market-makers, and member
broker-dealers are not subject to the
majority of these fees. In addition, a
specialist unit, in order to adequately
‘‘make a market’’ in assigned securities,
must be sufficiently staffed 10 and have
adequate technology resources to handle
the volume of orders (especially in the
QQQQ) that are sent to the Exchange.
The Exchange believes that these
operational costs borne by a specialist
further support the Exchange’s proposal
to temporarily suspend QQQQ
transaction fees on specialist orders.
Specialists have certain obligations
required by Exchange rules, as well as
6 See, e.g., Securities Exchange Act Release No.
53701 (April 21, 2006), 71 FR 25253 (April 28,
2006).
7 Section 6(b)(4) states that the rules of a national
securities exchange must provide for the equitable
allocation of reasonable dues, fees, and other
charges among its members and issuers and other
persons using its facilities. 15 U.S.C. 78f(b)(4).
8 The floor clerk, floor facility, post, and
registration fees, on an annual basis, are $900,
$2,400, $1,000 and $800, respectively.
9 A technology fee of $6,000 per year is assessed
on all specialists and other floor participants at the
Exchange. Annual membership dues of $1,500 must
be paid by all members while annual membership
fees are payable depending on the type of
membership and circumstances. Non-members are
not subject to these fees.
10 See Securities Exchange Act Release No. 53386
(February 28, 2006), 71 FR 11250 (March 6, 2006)
(requiring specialists to employ an adequate
number of clerks).
E:\FR\FM\03AUN1.SGM
03AUN1
Agencies
[Federal Register Volume 71, Number 149 (Thursday, August 3, 2006)]
[Notices]
[Pages 44054-44055]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-12560]
=======================================================================
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RAILROAD RETIREMENT BOARD
Proposed Collection; Comment Request
SUMMARY: In accordance with the requirement of Section 3506(c)(2)(A) of
the Paperwork Reduction Act of 1995 which provides opportunity for
public comment on new or revised data collections, the Railroad
Retirement Board (RRB) will publish periodic summaries of proposed data
collections.
Comments are invited on: (a) Whether the proposed information
collection is necessary for the proper performance of the functions of
the agency, including whether the information has practical utility;
(b) the accuracy of the RRB's estimate of the burden of the collection
of the information; (c) ways to enhance the quality, utility, and
clarity of the information to be collected; and (d) ways to minimize
the burden related to the collection of information on respondents,
including the use of automated collection techniques or other forms of
information technology.
Title and purpose of information collection: Job Information
Report, OMB 3220-0193. In July of 1997, the Railroad Retirement Board
(RRB) adopted standards for the adjudication of occupational
disabilities under the Railroad Retirement Act (RRA). As part of these
standards, the RRB requests job information to determine an applicant's
eligibility for an occupational disability. The job information
received from the railroad employer and railroad employee is compared,
reconciled (if needed), and then used in the occupational disability
determination process. The process of obtaining information from
railroad employers used to determine an applicant's eligibility for an
occupational disability is outlined in 20 CFR 220.13.
To determine an occupational disability, the RRB determines if an
employee is precluded from performing the full range of duties of his
or her regular railroad occupation. This is accomplished by comparing
the restrictions on impairment(s) causes against an employee's ability
to perform his/her normal duties. To collect information needed to
determine the effect of a disability on an applicant's ability to work,
the RRB needs the applicant's work history. The RRB currently utilizes
Form G-251, Vocational Report (OMB 3220-0141), to obtain this
information from the employee applicant.
Note: Form G-251 is provided to all applicants for employee
disability annuities and to those applicants for a widow(er)'s
disability annuity who indicate that they have been employed at some
time.
In accordance with the standards, the RRB also requests pertinent
job information from employers. The employer is given thirty days from
the date of the notice to respond. The responses are not required, but
are voluntary. If the job information is received timely, it is
compared to the job information provided by the employee. Any material
differences are resolved by an RRB disability examiner. Once resolved,
the information is compared to the restrictions caused by the medical
impairment. If the restrictions prohibit the performance of the regular
railroad occupation, the claimant is found occupationally disabled.
The RRB uses two forms to secure job information data from the
railroad employer. RRB Form G-251a, Employer Job Information (job
description), is released to an employer when an application for an
occupational disability is filed by an employee whose regular railroad
occupation is one of the more common types of railroad jobs (locomotive
engineer, conductor, switchman, etc.) It is accompanied by a *generic
job description* for that particular railroad job. The generic job
descriptions describe how these select occupations are generally
performed in the railroad industry. However, not all occupations are
performed the same way from railroad to railroad. Thus, the employer is
given an opportunity to comment on whether the job description matches
the employee's actual duties. If the employer concludes that the
generic job description accurately describes the work performed by the
applicant, no further action will be necessary. If the employer
determines that the tasks are different, it may provide the RRB with a
description of the actual job tasks. The employer has thirty days from
the date the form is released to reply.
Form G-251b, Employer Job Information (general), is released to an
employer when an application for an RRB occupational disability is
filed by an employee whose regular railroad occupation does not have a
generic job description. It notifies the employer that the employee has
filed for a disability annuity and that, if the employer wishes, it may
provide the RRB with job duty information. The type of information the
RRB is seeking is outlined on the form. The employer has thirty days
from the date the form is released to reply.
The RRB proposes no changes to Forms G-251a and G-251b.
[[Page 44055]]
The completion time for Form G-251a and G-251b is estimated at 20
minutes. Completion is voluntary. The RRB estimates that approximately
125 G-251a's and 305 G-251b's are completed annually.
Additional Information Or Comments: To request more information or
to obtain a copy of the information collection justification, forms,
and/or supporting material, please call the RRB Clearance Officer at
(312) 751-3363 or send an e-mail request to Charles.Mierzwa@RRB.GOV.
Comments regarding the information collection should be addressed to
Ronald J. Hodapp, Railroad Retirement Board, 844 North Rush Street,
Chicago, Illinois 60611-2092 or send an e-mail to
Ronald.Hodapp@RRB.GOV. Written comments should be received within 60
days of this notice.
Charles Mierzwa,
Clearance Officer.
[FR Doc. E6-12560 Filed 8-2-06; 8:45 am]
BILLING CODE 7905-01-P