Early Identification and Intervention Demonstration Request for Applications; Program: Cooperative Agreements for Early Identification and Intervention Demonstrations (EIID); Program Announcement No. SSA-OPDR-07-01; Cancellation of Notice, 36539-36540 [E7-12773]
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Federal Register / Vol. 72, No. 127 / Tuesday, July 3, 2007 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
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1. Purpose
The purpose of the proposed rule
change is to help Exchange options
specialists and Registered Options
Traders (‘‘ROTs’’) better manage risk
following a trading halt on the primary
market in the underlying security by
permitting specialists to halt trading in
the overlying option prior to receiving
approval from an Options Exchange
Official.
Under current Exchange rules, in
order to halt trading in an option, the
specialist in the option must seek out
and obtain prior approval from an
Options Exchange Official to do so.
Typically, when trading in the
underlying security halts on the primary
market, a period of time passes before
the specialist (a) learns of the halt on the
primary market in the underlying
security; and (b) is able to obtain the
necessary approval to halt trading in the
overlying option. During this time
period, the specialist and ROTs
continue to disseminate quotations in
the option and are at significant market
risk due to uncertainty in the pricing of
the option.
The proposal would change the
procedure for halting trading in equity
options in the overlying option when
trading is halted on the primary market
in the underlying security, and in index
options when trading on the primary
market in underlying securities
representing more than 10% of the
current index value is halted.
Specifically, the proposal would permit
the specialist to halt trading in the
option in these circumstances prior to
receiving approval from an Options
Exchange Official, provided that such
approval is granted within five minutes
following the halt of trading in the
option.
The Exchange believes that this
should reduce the time period following
a trading halt on the primary market in
the underlying security before trading
the overlying option is halted, thus
enabling specialists to halt trading in
the overlying option more
expeditiously.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act 3 in general, and furthers the
objectives of Section 6(b)(5) of the Act 4
in particular, in that it is designed to
3 15
4 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
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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, by
enabling Exchange options specialists
and ROTs to better manage their market
risk.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will result in
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
Written comments were neither
solicited nor received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 35 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
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(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.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
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–Phlx–2007–45 on the
subject line.
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
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36539
All submissions should refer to File
Number SR–Phlx–2007–45. This file
number should be included on the
subject line if e-mail is used. To help the
Commission 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/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for inspection and copying in
the Commission’s Public Reference
Room, 100 F Street, NE., Washington,
DC 20549, on official business days
between the hours of 10 a.m. and 3 p.m.
Copies of such filing also will be
available for inspection and copying at
the principal office of Phlx. All
comments received will be posted
without change; the Commission does
not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly. All
submissions should refer to File
Number SR–Phlx–2007–45 and should
be submitted on or before July 24, 2007.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.5
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–12780 Filed 7–2–07; 8:45 am]
BILLING CODE 8010–01–P
SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA–2007–0006]
Early Identification and Intervention
Demonstration Request for
Applications; Program: Cooperative
Agreements for Early Identification and
Intervention Demonstrations (EIID);
Program Announcement No. SSA–
OPDR–07–01; Cancellation of Notice
Social Security Administration.
Cancellation of notice.
AGENCY:
ACTION:
SUMMARY: This notice cancels a notice
that the Social Security Administration
published in the Federal Register on
January 29, 2007, requesting
applications for cooperative agreement
5 17
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CFR 200.30–3(a)(12).
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36540
Federal Register / Vol. 72, No. 127 / Tuesday, July 3, 2007 / Notices
funding to support projects that will
design and implement effective,
replicable, and sustainable models
which will increase the number of
children (birth to age 5) who receive
developmental screening and improve
the early identification of children with
developmental delays and/or
disabilities.
DATES:
This notice is effective July 3,
2007.
FOR FURTHER INFORMATION CONTACT:
Leola Brooks, Office of Program
Development and Research, 400
Virginia Avenue, SW., Suite 700,
Washington, DC 20024,
leola.brooks@ssa.gov, phone: 202–358–
6294. When sending a question, use the
program announcement number (SSA–
OPDR–07–01) and the date of this
announcement.
In the
Federal Register notice of January 29,
2007 (72 FR 4049), we announced a
funding opportunity, as follows: Early
Identification and Intervention
Demonstration Request for
Applications; Program: Cooperative
Agreements for Early Identification and
Intervention Demonstrations (EIID);
Program Announcement No. SSA–
OPDR–07–01. We are canceling that
announcement now because the goals of
the cooperative agreement to design and
implement developmental screening
models and improve the early
identification of children with delays
and/or disabilities are no longer feasible
due to Agency budget limitations.
SUPPLEMENTARY INFORMATION:
Dated: June 27, 2007.
Manuel J. Vaz,
Acting Deputy Commissioner for Disability
and Income Security Programs.
[FR Doc. E7–12773 Filed 7–2–07; 8:45 am]
BILLING CODE 4191–02–P
SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA 2007–0046]
Protecting the Integrity of Social
Security Numbers (SSNs)
AGENCY:
Social Security Administration
(SSA).
Notice of enhancing the
efficiency of SSA’s SSN Assignment
Process.
jlentini on PROD1PC65 with NOTICES
ACTION:
SUMMARY: SSA is proposing to change
the way that we assign SSNs. We intend
to eliminate the geographical
significance of the first three digits of
the SSN (the ‘‘area number’’) by no
longer allocating entire area numbers for
assignment to individuals in specific
States. Instead, the SSN will be
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randomly assigned from the remaining
pool of available SSNs, and the first
three digits of the SSN will no longer
have any geographical significance. We
believe that by changing the way we
assign the SSN we will ensure that there
will be a reliable supply of SSNs for
years to come. Additionally, we believe
that this will also help reduce
opportunities for identity theft and SSN
fraud and misuse.
We specifically invite comments to
help us determine whether this change
would have any unanticipated effects on
the public.
DATES: The agency must receive
comments on or before August 2, 2007.
ADDRESSES: You may give us your
comments: By Internet through the
Federal eRulemaking Portal at https://
www.regulations.gov; by e-mail to
regulations@ssa.gov; by telfax to (410)
966–2830; or by letter to the
Commissioner of Social Security, P.O.
Box 17703, Baltimore, Maryland 21235–
7703. You may also deliver them to the
Office of Regulations, Social Security
Administration, 107 Altmeyer Building,
6401 Security Boulevard, Baltimore,
Maryland 21235–6401, between 8 a.m.
and 4:30 p.m. on regular business days.
Comments are posted on the Federal
eRulemaking Portal. You may also
inspect the comments on regular
business days by making arrangements
with the contact person shown in this
preamble.
FOR FURTHER INFORMATION CONTACT:
Arthur L. LaVeck, Social Insurance
Specialist, at (410) 966–5665.
SUPPLEMENTARY INFORMATION:
A. Background
SSA began assigning the nine-digit
SSN in 1936 for the purpose of tracking
workers’ earnings over the course of
their lifetime and to pay benefits. To
date, we have assigned about 443
million of the almost one billion
possible nine-digit combinations. For
administrative reasons, certain number
combinations will never be assigned.
Since its inception in 1936, the SSN
has always been comprised of the threedigit area number, followed by the twodigit group number, and ending with
the four-digit serial number. SSNs
assigned before 1972 were issued by
local SSA field offices and the area
numbers reflected the State where the
application for the number was made.
Since 1972, SSA has issued Social
Security cards centrally, and the area
number reflects the State, as determined
by the ZIP code in the mailing address
of the application.
Over time, because of demographic
shifts in the relative populations of the
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Sfmt 4703
States, there have been more SSNs
assigned in some States than originally
projected, and fewer in other States.
B. Replacing Geographically Based
Area Numbers by Randomly Assigning
the SSN from Remaining Pool of
Available SSNs
SSA currently has many years’ worth
of potential SSNs available for future
assignment. However, because area
numbers in the past were allocated for
assignment in States based on then
current demographic trends, the
allocations of SSNs in some States will
be exhausted more quickly than in
others. As a result, given present rates
of assignment and existing geographic
allocations, there are fewer than 10
years’ worth of SSNs currently available
for assignment in several States.
We believe that by randomizing the
assignment of SSNs and no longer
allocating them by State, SSA will
promote a more efficient distribution of
SSNs, and it will ensure that all States
have a sufficient supply of SSNs
available for assignment for many years
to come.
C. Randomizing the Area Number Will
Help Protect Against Identity Theft
As the SSN has increasingly become
an identifier used by both public and
private entities, instances of SSN fraud/
misuse and identity theft have also
increased. We believe that another
benefit of ending the geographic
significance associated with the SSN
area number is that opportunities for
SSN fraud/misuse and identity theft
will be reduced. By eliminating the
geographical significance of the first
three digits of the SSN, we can help
prevent someone from learning an
individual’s SSN by acquiring the area
number of a potential victim’s SSN
through knowledge of the date and/or
location of the SSN application, and
combining it with the correct group and
serial number (i.e. the last four digits of
the SSN), and being able to use that SSN
for illegal purposes.
Dated: June 27, 2007.
Michael J. Astrue,
Commissioner of Social Security.
[FR Doc. E7–12831 Filed 7–2–07; 8:45 am]
BILLING CODE 4191–02–P
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Agencies
[Federal Register Volume 72, Number 127 (Tuesday, July 3, 2007)]
[Notices]
[Pages 36539-36540]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-12773]
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SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA-2007-0006]
Early Identification and Intervention Demonstration Request for
Applications; Program: Cooperative Agreements for Early Identification
and Intervention Demonstrations (EIID); Program Announcement No. SSA-
OPDR-07-01; Cancellation of Notice
AGENCY: Social Security Administration.
ACTION: Cancellation of notice.
-----------------------------------------------------------------------
SUMMARY: This notice cancels a notice that the Social Security
Administration published in the Federal Register on January 29, 2007,
requesting applications for cooperative agreement
[[Page 36540]]
funding to support projects that will design and implement effective,
replicable, and sustainable models which will increase the number of
children (birth to age 5) who receive developmental screening and
improve the early identification of children with developmental delays
and/or disabilities.
DATES: This notice is effective July 3, 2007.
FOR FURTHER INFORMATION CONTACT: Leola Brooks, Office of Program
Development and Research, 400 Virginia Avenue, SW., Suite 700,
Washington, DC 20024, leola.brooks@ssa.gov, phone: 202-358-6294. When
sending a question, use the program announcement number (SSA-OPDR-07-
01) and the date of this announcement.
SUPPLEMENTARY INFORMATION: In the Federal Register notice of January
29, 2007 (72 FR 4049), we announced a funding opportunity, as follows:
Early Identification and Intervention Demonstration Request for
Applications; Program: Cooperative Agreements for Early Identification
and Intervention Demonstrations (EIID); Program Announcement No. SSA-
OPDR-07-01. We are canceling that announcement now because the goals of
the cooperative agreement to design and implement developmental
screening models and improve the early identification of children with
delays and/or disabilities are no longer feasible due to Agency budget
limitations.
Dated: June 27, 2007.
Manuel J. Vaz,
Acting Deputy Commissioner for Disability and Income Security Programs.
[FR Doc. E7-12773 Filed 7-2-07; 8:45 am]
BILLING CODE 4191-02-P