Sunshine Act Meeting, 75282 [06-9722]
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75282
Federal Register / Vol. 71, No. 240 / Thursday, December 14, 2006 / Notices
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[FR Doc. E6–21316 Filed 12–13–06; 8:45 am]
BILLING CODE 3190–W7–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENT: 71 FR 71597, December
11, 2006.
STATUS: Open Meeting.
PLACE: 100 F Street, NE., Auditorium,
LL–002, Washington, DC.
DATE AND TIME OF PREVIOUSLY ANNOUNCED
MEETING: Wednesday, December 13,
2006.
Additional Item.
The following matter will also be
considered as part of Item 3 during the
10 a.m. Open Meeting scheduled for
Wednesday, December 13, 2006:
The Commission will consider
whether to propose changes to its
requirements for attestation reports.
Commissioner Casey, as duty officer,
determined that no earlier notice thereof
was possible.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items. For further
information and to ascertain what, if
rwilkins on PROD1PC63 with NOTICES
CHANGE IN THE MEETING:
VerDate Aug<31>2005
17:54 Dec 13, 2006
Jkt 211000
any, matters have been added, deleted
or postponed, please contact the Office
of the Secretary at (202) 551–5400.
Dated: December 11, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. 06–9722 Filed 12–12–06; 10:53 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54902; File No. SR–DTC–
2006–13]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change To Clarify
Deposit Service Procedures To Help
Assure Compliance With OFAC
Regulations
December 8, 2006.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 notice is hereby given that on
August 11, 2006, The Depository Trust
Company (‘‘DTC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared primarily by DTC. DTC filed
the proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 2 and Rule
19b–4(f)(1) 3 thereunder so that the
proposal was effective upon filing with
the Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The proposed rule change clarifies
recent changes to DTC’s Deposit Service
procedures.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
DTC included statements concerning
the purpose of and basis for the
proposed rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. DTC has prepared
summaries, set forth in Sections A, B,
1 15
U.S.C. 78s(b)(1).
U.S.C. 78s(b)(3)(A).
3 17 CFR 240.19b–4(f)(1).
2 15
PO 00000
Frm 00056
Fmt 4703
Sfmt 4703
and C below, of the most significant
aspects of such statements.4
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
The proposed rule change clarifies
recent changes that DTC made to its
Deposit Service procedures.5 As part of
those changes, DTC requires
participants to certify to DTC that the
participant screened the name of the
party in whose name a deposited
security certificate is registered against
the U.S. Department of the Treasury’s
Office of Foreign Assets and Control
(‘‘OFAC’’) list of Specially Designated
Nationals and against OFAC’s
regulations and that there were no
matches identified by such comparison.
The purpose of this rule filing is to
clarify that if the certificate has been
assigned by the party in whose name the
security was registered, participants
only need to certify that they have
screened the name of the most recent
assignee and that there were no matches
identified.6
DTC believes that the proposed rule
change is consistent with the
requirements of Section 17A of the Act 7
and the rules and regulations
thereunder because it should improve
DTC’s ability to comply with applicable
laws thereby reducing regulatory risks
and associated costs to DTC and its
participants.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
DTC does not believe that the
proposed rule change will have any
impact or 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 relating to the
proposed rule change have not been
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 8 and Rule 19b–4(f)(1) 9
4 The Commission has modified the text of the
summaries prepared by FICC.
5 Securities Exchange Act Release No. 54120 (Jul.
10, 2006); 71 FR 40562 (Jul. 17, 2006).
6 DTC Important Notice #B9959–06 (Jul. 18,
2006).
7 15 U.S.C. 78q–1.
8 15 U.S.C. 78s(b)(3)(A).
9 17 CFR 240.19b–4(f)(1).
E:\FR\FM\14DEN1.SGM
14DEN1
Agencies
[Federal Register Volume 71, Number 240 (Thursday, December 14, 2006)]
[Notices]
[Page 75282]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-9722]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Federal Register Citation of Previous Announcement: 71 FR 71597,
December 11, 2006.
Status: Open Meeting.
Place: 100 F Street, NE., Auditorium, LL-002, Washington, DC.
Date and Time of Previously Announced Meeting: Wednesday, December 13,
2006.
Change in the Meeting: Additional Item.
The following matter will also be considered as part of Item 3
during the 10 a.m. Open Meeting scheduled for Wednesday, December 13,
2006:
The Commission will consider whether to propose changes to its
requirements for attestation reports.
Commissioner Casey, as duty officer, determined that no earlier
notice thereof was possible.
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: December 11, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. 06-9722 Filed 12-12-06; 10:53 am]
BILLING CODE 8011-01-P