Bureau of Economic and Business Affairs; List of November 20, 2006, of Participating Countries and Entities (Hereinafter Known as “Participants”) Under the Clean Diamond Trade Act of 2003 (Pub. L. 108-19) and Section 2 of Executive Order 13312 of July 29, 2003, 77435-77436 [E6-22068]
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Federal Register / Vol. 71, No. 247 / Tuesday, December 26, 2006 / Notices
Commission finds that the proposal, as
amended, is consistent with the
objectives of Section 6(b)(5) of the Act,22
which requires, among other things, that
the Exchange’s rules be designed to
promote just and equitable principles of
trade, to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system and, in general, to protect
investors and the public interest.
sroberts on PROD1PC70 with NOTICES
A. Surveillance
The Commission finds that the
Exchange’s surveillance procedures are
reasonably designed to monitor for
trading abuses in connection with the
Notes.
NYSE Rule 476 requires Exchange
specialists in the Notes, upon the
Exchange’s request, to provide NYSE
Regulation with information that the
specialist uses in connection with
pricing the Notes on the Exchange,
including specialist proprietary or other
information regarding securities,
options on securities or other derivative
instruments. Furthermore, the Exchange
believes it also has authority to request
any other information from its
members—including floor brokers,
specialists and ‘‘upstairs’’ firms—to
fulfill its regulatory obligations. The
Commission also notes that the
Exchange represents that it will delist
the Notes if a new component is added
to the Index (or pricing information is
used for a new or existing component),
unless otherwise approved for
continued trading by the Commission.
The Commission believes that these
requirements provide the NYSE with
the tools necessary to adequately surveil
trading in the Notes.
B. Dissemination of Information
The Commission believes that
sufficient venues exist for obtaining
reliable information so that holders of
the Notes can monitor the value of their
investment relative to the underlying
Index.
Information about the Index (and its
components) is widely available
through public Web sites and
professional subscription services,
including Reuters and Bloomberg.
Likewise, real-time information about
the trading of the Index components and
their daily closing values is available
through major market data vendors. The
Index Sponsor calculates the Index
continuously. The Exchange has
represented that the daily closing value
will be disseminated during the time the
Notes trade on the Exchange. Further,
while the Index is calculated by a
broker-dealer, a number of independent
sources verify both the intraday and
closing Index values. The composition
and calculation methodology for the
Index is public and transparent.
An Indicative Value for the Notes will
be calculated and disseminated at least
every 15 seconds throughout the NYSE
trading day on each day on which the
Notes are traded on the Exchange. In
addition, Barclays or an affiliate will
calculate and publish the closing
Indicative Value of the Notes on each
trading day at https://www.ipathetn.com.
If the closing level of Index or
Indicative Value is not disseminated as
described in its proposal, the Exchange
may halt trading on which the
interruption to the dissemination of the
Index Value or the Indicative Value first
occurs. If the interruption to the
dissemination of the Index Value or the
Indicative Value persists past the
trading day in which it occurred, the
Exchange will halt trading no later than
the beginning of the trading day
following the interruption.
C. Listing and Trading
The Commission finds that the
Exchange’s proposed rules and
procedures for the listing and trading of
the proposed Notes are consistent with
the Act. The Notes will trade as equity
securities subject to NYSE rules
including, among others, rules
governing equity margins, specialist
responsibilities, account opening, and
customer suitability requirements.
The Commission believes that the
listing and delisting criteria for the
Notes should help to maintain a
minimum level of liquidity and
therefore minimize the potential for
manipulation of the Notes. The
Exchange represents that it would file a
proposed rule change pursuant to Rule
19b–4 under the Act,23 which must be
approved for continued trading of the
Notes, if (a) a successor or substitute
index is used in connection with the
Notes, (b) at any time, the most heavily
weighted component stock in the Index
exceeds 25 percent of the weight of the
Index or the top five most heavily
weighted stocks exceed 60 percent of
the weight of the Index, or (c) the Index
Sponsor (MSCI) substantially changes
the index methodology.
Finally, the Commission notes that
the Information Memorandum that the
Exchange will distribute will inform
members and member organizations
about the terms, characteristics and
risks in trading the Notes, including
their prospectus delivery obligations.
D. Accelerated Approval
The Commission finds good cause to
approve the proposed rule change, as
amended, prior to the thirtieth day after
publication for comment in the Federal
Register. Accelerating approval of this
proposal should benefit investors who
desire to participate, through the Notes,
in the designated Index by enabling
them to begin trading the Notes
promptly. Therefore, the Commission
finds good cause, consistent with
Section 19(b)(2) of the Act,24 to approve
the proposed rule change on an
accelerated basis.
V. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act 25 that the
proposed rule change (SR–NYSE–2006–
69), be, and hereby is, approved on an
accelerated basis.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.26
Nancy M. Morris,
Secretary.
[FR Doc. E6–22005 Filed 12–22–06; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice 5653]
Bureau of Economic and Business
Affairs; List of November 20, 2006, of
Participating Countries and Entities
(Hereinafter Known as ‘‘Participants’’)
Under the Clean Diamond Trade Act of
2003 (Pub. L. 108–19) and Section 2 of
Executive Order 13312 of July 29, 2003
Bureau of Economic and
Business Affairs, Department of State.
ACTION: Notice.
AGENCY:
SUMMARY: In accordance with Sections 3
and 6 of the Clean Diamond Trade Act
of 2003 (Pub. L. 108–19) and Section 2
of Executive Order 13312 of July 29,
2003, the Department of State is
identifying all the Participants eligible
for trade in rough diamonds under the
Act, and their respective Importing and
Exporting Authorities, and revising the
previously published list of October 25,
2006 (Volume 71, Number 206, page
62501) to include Bangladesh.
FOR FURTHER INFORMATION CONTACT: Sue
Saarnio, Special Advisor for Conflict
Diamonds, Bureau of Economic and
Business Affairs, Department of State,
(202) 647–1713.
24 15
U.S.C. 78s(b)(2).
U.S.C. 78s(b)(2).
26 17 CFR 200.30–3(a)(12).
25 15
22 15
U.S.C. 78f(b)(5).
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16:15 Dec 22, 2006
23 17
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77435
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Federal Register / Vol. 71, No. 247 / Tuesday, December 26, 2006 / Notices
Section 4
of the Clean Diamond Trade Act (the
‘‘Act’’) requires the President to prohibit
the importation into, or the exportation
from, the United States of any rough
diamond, from whatever source, that
has not been controlled through the
Kimberley Process Certification Scheme
(KPCS). Under Section 3(2) of the Act,
‘‘controlled through the Kimberley
Process Certification Scheme’’ means an
importation from the territory of a
Participant or exportation to the
territory of a Participant of rough
diamonds that is either (i) carried out in
accordance with the KPCS, as set forth
in regulations promulgated by the
President, or (ii) controlled under a
system determined by the President to
meet substantially the standards,
practices, and procedures of the KPCS.
The referenced regulations are
contained at 31 CFR Part 592 (‘‘Rough
Diamonds Control Regulations’’) (69 FR
56936, September 23, 2004).
Section 6(b) of the Act requires the
President to publish in the Federal
Register a list of all Participants, and all
Importing and Exporting Authorities of
Participants, and to update the list as
necessary. Section 2 of Executive Order
13312 of July 29, 2003 delegates this
function to the Secretary of State.
Section 3(7) of the Act defines
‘‘Participant’’ as a state, customs
territory, or regional economic
integration organization identified by
the Secretary of State. Section 3(3) of the
Act defines ‘‘Exporting Authority’’ as
one or more entities designated by a
Participant from whose territory a
shipment of rough diamonds is being
exported as having the authority to
validate a Kimberley Process Certificate.
Section 3(4) of the Act defines
‘‘Importing Authority’’ as one or more
entities designated by a Participant into
whose territory a shipment of rough
diamonds is imported as having the
authority to enforce the laws and
regulations of the Participant regarding
imports, including the verification of
the Kimberley Process Certificate
accompanying the shipment.
sroberts on PROD1PC70 with NOTICES
SUPPLEMENTARY INFORMATION:
List of Participants
Pursuant to Section 3 of the Clean
Diamond Trade Act (the Act), Section 2
of Executive Order 13312 of July 29,
2003, and Delegation of Authority No.
294 (July 6, 2006), I hereby identify the
following entities as of November 20,
2006, as Participants under section 6(b)
of the Act. Included in this list are the
Importing and Exporting Authorities for
Participants, as required by Section 6(b)
of the Act. This list revises the
previously published list of October 25,
2006 (Volume 71, Number 206 62501).
VerDate Aug<31>2005
16:15 Dec 22, 2006
Jkt 211001
Angola—Ministry of Geology and
Mines.
Armenia—Ministry of Trade and
Economic Development.
Australia—Exporting Authority—
Department of Industry, Tourism and
Resources; Importing Authority—
Australian Customs Service.
Bangladesh—Ministry of Commerce.
Belarus—Department of Finance.
Botswana—Ministry of Minerals, Energy
and Water Resources.
Brazil—Ministry of Mines and Energy.
Bulgaria—Ministry of Finance.
Canada—Natural Resources Canada.
Central African Republic—Ministry of
Energy and Mining.
China—General Administration of
Quality Supervision, Inspection and
Quarantine.
Democratic Republic of the Congo—
Ministry of Mines
Croatia—Ministry of Economy.
European Community—DG/External
Relations/A.2.
Ghana—Precious Minerals and
Marketing Company Ltd.
Guinea—Ministry of Mines and
Geology.
Guyana—Geology and Mines
Commission.
India—The Gem and Jewellery Export
Promotion Council.
Indonesia—Directorate General of
Foreign Trade of the Ministry of
Trade.
Israel—The Diamond Controller.
Ivory Coast—Ministry of Mines and
Energy.
Japan—Ministry of Economy, Trade and
Industry.
Republic of Korea—Ministry of
Commerce, Industry and Energy.
Laos—Ministry of Finance.
Lebanon—Ministry of Economy and
Trade.
Lesotho—Commissioner of Mines and
Geology.
Malaysia—Ministry of International
Trade and Industry.
Mauritius—Ministry of Commerce.
Namibia—Ministry of Mines and
Energy.
New Zealand—Ministry of Foreign
Affairs and Trade.
Norway—The Norwegian Goldsmiths’
Association.
Romania—National Authority for
Consumer Protection.
Russia—Gokhran, Ministry of Finance.
Sierra Leone—Government Gold and
Diamond Office.
Singapore—Singapore Customs.
South Africa—South African Diamond
Board.
Sri Lanka—National Gem and Jewellery
Authority.
Switzerland—State Secretariat for
Economic Affairs.
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Fmt 4703
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Taiwan—Bureau of Foreign Trade.
Tanzania—Commissioner for Minerals.
Thailand—Ministry of Commerce.
Togo—Ministry of Mines and Geology.
Ukraine—State Gemological Centre of
Ukraine.
United Arab Emirates—Dubai Metals
and Commodities Center.
United States of America—Importing
Authority—United States Bureau of
Customs and Border Protection;
Exporting Authority—Bureau of the
Census.
Venezuela—Ministry of Energy and
Mines.
Vietnam—Ministry of Trade.
Zimbabwe—Ministry of Mines and
Mining Development.
This notice shall be published in the
Federal Register.
Nicholas R. Burns,
Under Secretary for Political Affairs,
Department of State.
[FR Doc. E6–22068 Filed 12–22–06; 8:45 am]
BILLING CODE 4710–07–P
DEPARTMENT OF TRANSPORTATION
National Highway Traffic Safety
Administration
[Docket No. NHTSA–2006–26656; Notice 1]
Continental Tire North America,
Receipt of Petition for Decision of
Inconsequential Noncompliance
Continental Tire North America
(Continental) has determined that
certain tires it produced in 2006 do not
comply with S5.5(f) of 49 CFR 571.139,
Federal Motor Vehicle Safety Standard
(FMVSS) No. 139, ‘‘New pneumatic
radial tires for light vehicles.’’
Continental has filed an appropriate
report pursuant to 49 CFR Part 573,
‘‘Defect and Noncompliance Reports.’’
Pursuant to 49 U.S.C. 30118(d) and
30120(h), Continental has petitioned for
an exemption from the notification and
remedy requirements of 49 U.S.C.
Chapter 301 on the basis that this
noncompliance is inconsequential to
motor vehicle safety.
This notice of receipt of Continental’s
petition is published under 49 U.S.C.
30118 and 30120 and does not represent
any agency decision or other exercise of
judgment concerning the merits of the
petition.
Affected are a total of approximately
1,369 model 225/70R16 103S
Continental and General replacement
tires manufactured during October,
2006. S5.5(f) of FMVSS No. 139 requires
the actual number of plies in the tread
area to be molded on both sidewalls of
each tire. The noncompliant tires are
E:\FR\FM\26DEN1.SGM
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]]>Agencies
[Federal Register Volume 71, Number 247 (Tuesday, December 26, 2006)]
[Notices]
[Pages 77435-77436]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-22068]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF STATE
[Public Notice 5653]
Bureau of Economic and Business Affairs; List of November 20,
2006, of Participating Countries and Entities (Hereinafter Known as
``Participants'') Under the Clean Diamond Trade Act of 2003 (Pub. L.
108-19) and Section 2 of Executive Order 13312 of July 29, 2003
AGENCY: Bureau of Economic and Business Affairs, Department of State.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with Sections 3 and 6 of the Clean Diamond Trade
Act of 2003 (Pub. L. 108-19) and Section 2 of Executive Order 13312 of
July 29, 2003, the Department of State is identifying all the
Participants eligible for trade in rough diamonds under the Act, and
their respective Importing and Exporting Authorities, and revising the
previously published list of October 25, 2006 (Volume 71, Number 206,
page 62501) to include Bangladesh.
FOR FURTHER INFORMATION CONTACT: Sue Saarnio, Special Advisor for
Conflict Diamonds, Bureau of Economic and Business Affairs, Department
of State, (202) 647-1713.
[[Page 77436]]
SUPPLEMENTARY INFORMATION: Section 4 of the Clean Diamond Trade Act
(the ``Act'') requires the President to prohibit the importation into,
or the exportation from, the United States of any rough diamond, from
whatever source, that has not been controlled through the Kimberley
Process Certification Scheme (KPCS). Under Section 3(2) of the Act,
``controlled through the Kimberley Process Certification Scheme'' means
an importation from the territory of a Participant or exportation to
the territory of a Participant of rough diamonds that is either (i)
carried out in accordance with the KPCS, as set forth in regulations
promulgated by the President, or (ii) controlled under a system
determined by the President to meet substantially the standards,
practices, and procedures of the KPCS. The referenced regulations are
contained at 31 CFR Part 592 (``Rough Diamonds Control Regulations'')
(69 FR 56936, September 23, 2004).
Section 6(b) of the Act requires the President to publish in the
Federal Register a list of all Participants, and all Importing and
Exporting Authorities of Participants, and to update the list as
necessary. Section 2 of Executive Order 13312 of July 29, 2003
delegates this function to the Secretary of State. Section 3(7) of the
Act defines ``Participant'' as a state, customs territory, or regional
economic integration organization identified by the Secretary of State.
Section 3(3) of the Act defines ``Exporting Authority'' as one or more
entities designated by a Participant from whose territory a shipment of
rough diamonds is being exported as having the authority to validate a
Kimberley Process Certificate. Section 3(4) of the Act defines
``Importing Authority'' as one or more entities designated by a
Participant into whose territory a shipment of rough diamonds is
imported as having the authority to enforce the laws and regulations of
the Participant regarding imports, including the verification of the
Kimberley Process Certificate accompanying the shipment.
List of Participants
Pursuant to Section 3 of the Clean Diamond Trade Act (the Act),
Section 2 of Executive Order 13312 of July 29, 2003, and Delegation of
Authority No. 294 (July 6, 2006), I hereby identify the following
entities as of November 20, 2006, as Participants under section 6(b) of
the Act. Included in this list are the Importing and Exporting
Authorities for Participants, as required by Section 6(b) of the Act.
This list revises the previously published list of October 25, 2006
(Volume 71, Number 206 62501).
Angola--Ministry of Geology and Mines.
Armenia--Ministry of Trade and Economic Development.
Australia--Exporting Authority--Department of Industry, Tourism and
Resources; Importing Authority--Australian Customs Service.
Bangladesh--Ministry of Commerce.
Belarus--Department of Finance.
Botswana--Ministry of Minerals, Energy and Water Resources.
Brazil--Ministry of Mines and Energy.
Bulgaria--Ministry of Finance.
Canada--Natural Resources Canada.
Central African Republic--Ministry of Energy and Mining.
China--General Administration of Quality Supervision, Inspection and
Quarantine.
Democratic Republic of the Congo--Ministry of Mines
Croatia--Ministry of Economy.
European Community--DG/External Relations/A.2.
Ghana--Precious Minerals and Marketing Company Ltd.
Guinea--Ministry of Mines and Geology.
Guyana--Geology and Mines Commission.
India--The Gem and Jewellery Export Promotion Council.
Indonesia--Directorate General of Foreign Trade of the Ministry of
Trade.
Israel--The Diamond Controller.
Ivory Coast--Ministry of Mines and Energy.
Japan--Ministry of Economy, Trade and Industry.
Republic of Korea--Ministry of Commerce, Industry and Energy.
Laos--Ministry of Finance.
Lebanon--Ministry of Economy and Trade.
Lesotho--Commissioner of Mines and Geology.
Malaysia--Ministry of International Trade and Industry.
Mauritius--Ministry of Commerce.
Namibia--Ministry of Mines and Energy.
New Zealand--Ministry of Foreign Affairs and Trade.
Norway--The Norwegian Goldsmiths' Association.
Romania--National Authority for Consumer Protection.
Russia--Gokhran, Ministry of Finance.
Sierra Leone--Government Gold and Diamond Office.
Singapore--Singapore Customs.
South Africa--South African Diamond Board.
Sri Lanka--National Gem and Jewellery Authority.
Switzerland--State Secretariat for Economic Affairs.
Taiwan--Bureau of Foreign Trade.
Tanzania--Commissioner for Minerals.
Thailand--Ministry of Commerce.
Togo--Ministry of Mines and Geology.
Ukraine--State Gemological Centre of Ukraine.
United Arab Emirates--Dubai Metals and Commodities Center.
United States of America--Importing Authority--United States Bureau of
Customs and Border Protection; Exporting Authority--Bureau of the
Census.
Venezuela--Ministry of Energy and Mines.
Vietnam--Ministry of Trade.
Zimbabwe--Ministry of Mines and Mining Development.
This notice shall be published in the Federal Register.
Nicholas R. Burns,
Under Secretary for Political Affairs, Department of State.
[FR Doc. E6-22068 Filed 12-22-06; 8:45 am]
BILLING CODE 4710-07-P
