Sunshine Act Meeting; Federal Register Citation of Previous Announcement; 72 FR 51281, September 6, 2007, 52588 [E7-18214]

Download as PDF 52588 Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005, 202–326– 4024. (TTY/TDD users may call the Federal relay service toll-free at 1–800– 877–8339 and ask to be connected to 202–326–4024.) SUPPLEMENTARY INFORMATION: Variable-Rate Premiums Section 4006(a)(3)(E)(iii)(II) of the Employee Retirement Income Security Act of 1974 (ERISA) and § 4006.4(b)(1) of the PBGC’s regulation on Premium Rates (29 CFR part 4006) prescribe use of an assumed interest rate (the ‘‘required interest rate’’) in determining a single-employer plan’s variable-rate premium. Pursuant to the Pension Protection Act of 2006, for premium payment years beginning in 2006 or 2007, the required interest rate is the ‘‘applicable percentage’’ of the annual rate of interest determined by the Secretary of the Treasury on amounts invested conservatively in long-term investment grade corporate bonds for the month preceding the beginning of the plan year for which premiums are being paid (the ‘‘premium payment year’’). On February 2, 2007 (at 72 FR 4955), the Internal Revenue Service (IRS) published final regulations containing updated mortality tables for determining current liability under section 412(l)(7) of the Code and section 302(d)(7) of ERISA for plan years beginning on or after January 1, 2007. As a result, in accordance with section 4006(a)(3)(E)(iii)(II) of ERISA, the ‘‘applicable percentage’’ to be used in determining the required interest rate for plan years beginning in 2007 is 100 percent. The required interest rate to be used in determining variable-rate premiums for premium payment years beginning in September 2007 is 6.33 percent (i.e., 100 percent of the 6.33 percent composite corporate bond rate for August 2007 as determined by the Treasury). The following table lists the required interest rates to be used in determining variable-rate premiums for premium payment years beginning between October 2006 and September 2007. rmajette on PROD1PC64 with NOTICES For premium payment years beginning in The required interest rate is October 2006 ........................ November 2006 .................... December 2006 .................... January 2007 ........................ February 2007 ...................... March 2007 ........................... April 2007 ............................. May 2007 .............................. June 2007 ............................. VerDate Aug<31>2005 15:44 Sep 13, 2007 5.06 5.05 4.90 5.75 5.89 5.85 5.84 5.98 6.01 Jkt 211001 The subject matter of the closed meeting scheduled for Wednesday, September 12, 2007 will be: July 2007 .............................. 6.32 August 2007 ......................... 6.33 Institution and settlement of injunctive actions; September 2007 ................... 6.33 Institution and settlement of administrative proceedings of an Multiemployer Plan Valuations enforcement nature; and Following Mass Withdrawal Other matters related to enforcement The PBGC’s regulation on Duties of proceedings. Plan Sponsor Following Mass At times, changes in Commission Withdrawal (29 CFR part 4281) priorities require alterations in the prescribes the use of interest scheduling of meeting items. For further assumptions under the PBGC’s information and to ascertain what, if regulation on Allocation of Assets in any, matters have been added, deleted Single-Employer Plans (29 CFR part or postponed, please contact: 4044). The interest assumptions The Office of the Secretary at (202) applicable to valuation dates in October 551–5400. 2007 under part 4044 are contained in an amendment to part 4044 published September 11, 2007. elsewhere in today’s Federal Register. Florence E. Harmon, Tables showing the assumptions Deputy Secretary. applicable to prior periods are codified [FR Doc. E7–18214 Filed 9–13–07; 8:45 am] in appendix B to 29 CFR part 4044. For premium payment years beginning in The required interest rate is BILLING CODE 8010–01–P Issued in Washington, DC, on this 11th day of September 2007. Vincent K. Snowbarger, Deputy Director, Pension Benefit Guaranty Corporation. [FR Doc. E7–18158 Filed 9–13–07; 8:45 pm] SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] BILLING CODE 7709–01–P In the Matter of Terax Energy, Inc.; Order of Suspension of Trading SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting; Federal Register Citation of Previous Announcement; 72 FR 51281, September 6, 2007 Closed meeting. 100 F Street, NE., Washington, STATUS: PLACE: DC. ANNOUNCEMENT OF ADDITIONAL MEETING: Additional meeting. The Commission has scheduled a closed meeting for Wednesday, September 12, 2007 at 10:30 a.m. Commissioners, Counsel to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the closed meeting. Certain staff members who have an interest in the matters may also be present. The General Counsel of the Commission, or his designee, has certified that, in his opinion, exemption 5 U.S.C. 552b(c)(3), (5), (7), (9)(ii) and (10) and 17 CFR 200.402(a)(3), (5), (7), (9)(ii) and (10) permit consideration of the scheduled matters at the Closed Meeting. Commissioner Casey, as duty officer, voted to consider the items listed for the closed meeting in closed session, and determined that no earlier notice thereof was possible. PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 September 12, 2007. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Terax Energy, Inc. (‘‘Terax,’’ trading symbol TEXG.OB), because of questions regarding the accuracy of assertions by Terax and by others, in reports filed with the Commission and in press releases to investors concerning, among other things: (1) The status of Terax’s oil and gas operations, (2) Terax’s purported financing agreements, (3) Terax’s supposed acquisition of a controlling interest in a foreign oil and gas firm, (4) the existence, terms and status of a purported share exchange agreement between Terax and Westar Oil, Inc., and (5) the identity of the persons in control of the operations and management of Terax. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted company is suspended for the period from 9:30 a.m. EDT, September 12, 2007 through 11:59 p.m. EDT, on September 26, 2007. E:\FR\FM\14SEN1.SGM 14SEN1

Agencies

[Federal Register Volume 72, Number 178 (Friday, September 14, 2007)]
[Notices]
[Page 52588]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18214]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting; Federal Register Citation of Previous 
Announcement; 72 FR 51281, September 6, 2007

STATUS: Closed meeting.

PLACE: 100 F Street, NE., Washington, DC.

ANNOUNCEMENT OF ADDITIONAL MEETING: Additional meeting.
    The Commission has scheduled a closed meeting for Wednesday, 
September 12, 2007 at 10:30 a.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the closed meeting. 
Certain staff members who have an interest in the matters may also be 
present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, exemption 5 U.S.C. 552b(c)(3), (5), 
(7), (9)(ii) and (10) and 17 CFR 200.402(a)(3), (5), (7), (9)(ii) and 
(10) permit consideration of the scheduled matters at the Closed 
Meeting.
    Commissioner Casey, as duty officer, voted to consider the items 
listed for the closed meeting in closed session, and determined that no 
earlier notice thereof was possible.
    The subject matter of the closed meeting scheduled for Wednesday, 
September 12, 2007 will be:

Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings of an 
enforcement nature; and
Other matters related to enforcement proceedings.

    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.

    September 11, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-18214 Filed 9-13-07; 8:45 am]
BILLING CODE 8010-01-P
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