Claymore Exchange-Traded Fund Trust, et al.; Notice of Application, 56108-56109 [E7-19385]
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56108
Federal Register / Vol. 72, No. 190 / Tuesday, October 2, 2007 / Notices
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: September 26, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–19408 Filed 10–1–07; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–27982; 812–13396]
Claymore Exchange-Traded Fund
Trust, et al.; Notice of Application
September 26, 2007.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application to amend
a prior order under section 6(c) of the
Investment Company Act of 1940
(‘‘Act’’) for an exemption from sections
2(a)(32), 5(a)(1), 22(d), 22(e) and 24(d) of
the Act and rule 22c-1 under the Act,
under sections 6(c) and 17(b) of the Act
for an exemption from sections 17(a)(1)
and (a)(2) of the Act, and under section
12(d)(1)(J) for an exemption from
sections 12(d)(1)(A) and (B) of the Act.
rmajette on PROD1PC64 with NOTICES
AGENCY:
Summary of Application: Applicants
request an order to amend a prior order
that permits: (a) Open-end management
investment companies, whose series are
based on certain equity securities
indices, to issue shares of limited
redeemability; (b) secondary market
transactions in the shares of the series
to occur at negotiated prices; (c) dealers
to sell shares to purchasers in the
secondary market unaccompanied by a
prospectus when prospectus delivery is
not required by the Securities Act of
1933 (‘‘Securities Act’’); (d) certain
affiliated persons of the series to deposit
securities into, and receive securities
from, the series in connection with the
purchase and redemption of
aggregations of the series’ shares; (e)
under certain circumstances, certain
series to pay redemption proceeds more
than seven days after the tender of
shares; and (f) certain registered
management investment companies and
unit investment trusts outside of the
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15:35 Oct 01, 2007
Jkt 214001
same group of investment companies as
the series to acquire shares of the series
(the ‘‘Prior Order’’).1 Applicants seek to
amend the Prior Order in order to offer
additional series based on certain fixed
income securities indices (the ‘‘New
Funds’’). In addition, the order would
delete a condition related to future relief
in the Prior Order.
Applicants: Claymore Advisors, LLC
(‘‘Adviser’’), Claymore Securities, Inc.
(‘‘Distributor’’), Claymore ExchangeTraded Fund Trust and Claymore
Exchange-Traded Fund Trust 2 (each, a
‘‘Trust’’ and together, the ‘‘Trusts’’).
Filing Dates: The application was
filed on May 30, 2007, and amended on
August 9, 2007. Applicants have agreed
to file an amendment during the notice
period, the substance of which is
reflected in this notice.
Hearing or Notification of Hearing: An
order granting the requested relief will
be issued unless the Commission orders
a hearing. Interested persons may
request a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on October 22, 2007, and
should be accompanied by proof of
service on applicants, in the form of an
affidavit or, for lawyers, a certificate of
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549–
1090. Applicants, 2455 Corporate West
Drive, Lisle, IL 60532.
FOR FURTHER INFORMATION CONTACT:
Christine Y. Greenlees, Senior Counsel,
at (202) 551–6879, or Mary Kay Frech,
Branch Chief, at (202) 551–6821
(Division of Investment Management,
Office of Investment Company
Regulation).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained for a fee at the
Commission’s Public Reference Branch,
100 F Street, NE., Washington, DC
20549–0102 (tel. 202–551–5850).
Applicants’ Representations
1. Each Trust is an open-end
management investment company
registered under the Act and organized
as a Delaware statutory trust. The Trusts
are organized as series funds with
multiple series. The Adviser, an
investment adviser registered under the
Investment Advisers Act of 1940 (the
‘‘Advisers Act’’), will serve as
investment adviser to the New Funds.
The Adviser may retain sub-advisers
(‘‘Sub-Advisers’’) to manage the assets
of a New Fund. Any Sub-Adviser will
be registered under the Advisers Act.
The Distributor, a broker-dealer
registered under the Securities
Exchange Act of 1934 (‘‘Exchange Act’’),
will serve as the principal underwriter
of the New Funds’ shares.
2. Each Trust is currently permitted to
offer series based on equity securities
indices (the ‘‘Equity Funds,’’ and
together with the New Funds and the
Future Funds (defined below), the
‘‘Funds’’) in reliance on the Prior Order.
Applicants seek to amend the Prior
Order to permit the Trusts to offer the
New Funds that, except as described in
the application, would operate in a
manner identical to the existing Equity
Funds that are subject to the Prior
Order.
3. Each New Fund will invest in
fixed-income securities (‘‘Portfolio
Securities’’) selected to correspond
generally to the price and yield
performance, before fees and expenses,
of a specified securities index (an
‘‘Index’’).2 No entity that creates,
compiles, sponsors, or maintains an
Index is or will be an affiliated person,
as defined in section 2(a)(3) of the Act,
or an affiliated person of an affiliated
person, of the Trusts, the Adviser, the
Distributor or any Sub-Adviser, or
promoter to a New Fund.
4. The investment objective of each
New Fund will be to provide investment
results that correspond generally to the
price and yield performance of the
relevant Index. The Adviser may fully
replicate a New Fund’s relevant Index
or use a representative sampling strategy
where the New Fund will seek to hold
a representative sample of the
component securities of the Index.
Applicants currently expect that each
New Fund will use a sampling
technique to track its Index.
5. Under the Prior Order, applicants
stated that each Equity Fund would
invest at least 90% of its total assets in
common stocks that comprise the
relevant Index, and may invest up to
10% of its total assets in securities,
options and futures not included in its
1 Claymore Exchange-Traded Fund Trust, et al.,
Investment Company Act Release Nos. 27469 (Aug.
28, 2006) (notice) and 27483 (Sept. 18, 2006)
(order).
2 The Indexes for the New Funds are: CPMKTS—
The Capital Markets Index, CPMKTB—The Capital
Markets Bond Index, and CPMKTL—The Capital
Markets Liquidity Index.
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Federal Register / Vol. 72, No. 190 / Tuesday, October 2, 2007 / Notices
rmajette on PROD1PC64 with NOTICES
Index which the Adviser believes would
help the Equity Fund track the Index.
Applicants seek to amend the Prior
Order to provide that each Fund
generally will invest at least 80% or
90% of its total assets in the securities
that comprise the relevant Index, but at
times may invest up to 20% of its total
assets in certain futures, options, and
swap contracts, cash and cash
equivalents, including money market
funds, as well as securities not included
in its Index which the Adviser believes
will help the Fund track its Index. At all
times, a Fund will hold, in the
aggregate, at least 80% of its total assets
in component securities and
investments that have economic
characteristics that are substantially
identical to the economic characteristics
of the component securities of its Index.
Applicants expect that each New Fund
will have a tracking error relative to the
performance of its respective Index of
less than 5 percent.
6. Applicants state that a New Fund
will comply with the federal securities
laws in accepting a deposit of a portfolio
of securities designated by the Adviser
to correspond generally to the price and
yield of the New Fund’s Index (‘‘Deposit
Securities’’) 3 and satisfying
redemptions with portfolio securities of
the New Fund (‘‘Fund Securities’’),
including that the Deposit Securities
and Fund Securities are sold in
transactions that would be exempt from
registration under the Securities Act.4
The specified Deposit Securities and
Fund Securities generally will
correspond pro rata, to the extent
practicable, to the Portfolio Securities of
a New Fund.
7. Applicants state that the New
Funds will operate in a manner
identical to the operation of the existing
Equity Funds in the Prior Order, except
3 Applicants state that a cash-in-lieu amount will
replace any ‘‘to-be-announced’’ (‘‘TBA’’) transaction
that is listed as a Deposit Security or Fund Security
of any New Fund. A TBA transaction is a method
of trading mortgage-backed securities where the
buyer and seller agree upon general trade
parameters such as agency, settlement date, par
amount and price. The actual pools delivered
generally are determined two days prior to the
settlement date. The amount of substituted cash in
the case of TBA transactions will be equivalent to
the value of the TBA transaction listed as a Deposit
Security or Fund Security.
4 In accepting Deposit Securities and satisfying
redemptions with Fund Securities that are
restricted securities eligible for resale pursuant to
rule 144A under the Securities Act, the New Fund
will comply with the conditions of rule 144A,
including in satisfying redemptions with such rule
144A eligible restricted Fund Securities. The
prospectus for a New Fund will also state that an
authorized participant that is not a ‘‘Qualified
Institutional Buyer,’’ as defined in rule 144A under
the Securities Act, will not be able to receive, as
part of a redemption, restricted securities eligible
for resale under rule 144A.
VerDate Aug<31>2005
15:35 Oct 01, 2007
Jkt 214001
as specifically noted by applicants (and
summarized in this notice), and will
comply with all of the terms, provisions
and conditions of the Prior Order, as
amended by the present application.
Applicants believe that the requested
relief continues to meet the necessary
exemptive standards.
Future Relief
8. Applicants also seek to amend the
Prior Order to modify the terms under
which the Trusts may offer additional
series in the future based on other
securities indices (‘‘Future Funds’’). The
Prior Order is currently subject to a
condition that does not permit
applicants to register the shares of any
Future Fund by means of filing a posteffective amendment to a Trust’s
registration statement or by any other
means, unless applicants have requested
and received with respect to such
Future Fund, either exemptive relief
from the Commission or a no-action
letter from the Division of Investment
Management of the Commission, or if
the Future Fund could be listed on a
national securities exchange
(‘‘Exchange’’) without the need for a
filing pursuant to rule 19b–4 under the
Exchange Act.
9. The order would amend the Prior
Order to delete this condition. Any
Future Funds will: (a) Be advised by the
Adviser or an entity controlled by or
under common control with the
Adviser; (b) track Indexes that are
created, compiled, sponsored or
maintained by an entity that is not an
affiliated person, as defined in section
2(a)(3) of the Act, or an affiliated person
of an affiliated person, of the Adviser,
the Distributor, the Trusts or any SubAdviser or promoter of a Future Fund;
and (c) comply with the respective
terms and conditions of the Prior Order,
as amended by the present application.
10. Applicants believe that the
modification of the future relief
available under the Prior Order would
be consistent with sections 6(c) and
17(b) of the Act and that granting the
requested relief will facilitate the timely
creation of Future Funds and the
commencement of secondary market
trading of such Future Funds by
removing the need to seek additional
exemptive relief. Applicants submit that
the terms and conditions of the Prior
Order have been appropriate for the
existing series of the Trusts and would
remain appropriate for Future Funds.
Applicants also submit that tying
exemptive relief under the Act to the
ability of a Future Fund to be listed on
an Exchange without the need for a rule
19b–4 filing under the Exchange Act is
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56109
not necessary to meet the standards
under sections 6(c) and 17(b) of the Act.
Applicants’ Condition
Applicants agree that any amended
order granting the requested relief will
be subject to the same conditions as
those imposed by the Prior Order,
except for condition 1 to the Prior
Order, which will be deleted.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–19385 Filed 10–1–07; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold the following
meetings during the week of October 1,
2007:
An Open Meeting will be held on
Monday, October 1, 2007 at 10 a.m., in
the Auditorium, Room L–002 and a
Closed Meeting will be held on
Wednesday, October 3, 2007 at 2 p.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, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(5), (7), (9)(B), and (10)
and 17 CFR 200.402(a)(5), (7), 9(ii) and
(10), permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Atkins, 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 Open
Meeting, scheduled for Monday,
October 1, 2007 will be:
The Commission will hear oral argument
in an appeal by Stephen J. Horning from the
decision of an administrative law judge.
Horning was the president, registered
financial and operations principal,
compliance officer, and a director of Rocky
Mountain Securities & Investments, Inc.,
formerly a registered broker-dealer.
The law judge found that:
Horning failed reasonably to supervise two
former Rocky Mountain employees with a
E:\FR\FM\02OCN1.SGM
02OCN1
]]>Agencies
[Federal Register Volume 72, Number 190 (Tuesday, October 2, 2007)]
[Notices]
[Pages 56108-56109]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-19385]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-27982; 812-13396]
Claymore Exchange-Traded Fund Trust, et al.; Notice of
Application
September 26, 2007.
AGENCY: Securities and Exchange Commission (``Commission'').
ACTION: Notice of application to amend a prior order under section 6(c)
of the Investment Company Act of 1940 (``Act'') for an exemption from
sections 2(a)(32), 5(a)(1), 22(d), 22(e) and 24(d) of the Act and rule
22c-1 under the Act, under sections 6(c) and 17(b) of the Act for an
exemption from sections 17(a)(1) and (a)(2) of the Act, and under
section 12(d)(1)(J) for an exemption from sections 12(d)(1)(A) and (B)
of the Act.
-----------------------------------------------------------------------
Summary of Application: Applicants request an order to amend a
prior order that permits: (a) Open-end management investment companies,
whose series are based on certain equity securities indices, to issue
shares of limited redeemability; (b) secondary market transactions in
the shares of the series to occur at negotiated prices; (c) dealers to
sell shares to purchasers in the secondary market unaccompanied by a
prospectus when prospectus delivery is not required by the Securities
Act of 1933 (``Securities Act''); (d) certain affiliated persons of the
series to deposit securities into, and receive securities from, the
series in connection with the purchase and redemption of aggregations
of the series' shares; (e) under certain circumstances, certain series
to pay redemption proceeds more than seven days after the tender of
shares; and (f) certain registered management investment companies and
unit investment trusts outside of the same group of investment
companies as the series to acquire shares of the series (the ``Prior
Order'').\1\ Applicants seek to amend the Prior Order in order to offer
additional series based on certain fixed income securities indices (the
``New Funds''). In addition, the order would delete a condition related
to future relief in the Prior Order.
---------------------------------------------------------------------------
\1\ Claymore Exchange-Traded Fund Trust, et al., Investment
Company Act Release Nos. 27469 (Aug. 28, 2006) (notice) and 27483
(Sept. 18, 2006) (order).
---------------------------------------------------------------------------
Applicants: Claymore Advisors, LLC (``Adviser''), Claymore
Securities, Inc. (``Distributor''), Claymore Exchange-Traded Fund Trust
and Claymore Exchange-Traded Fund Trust 2 (each, a ``Trust'' and
together, the ``Trusts'').
Filing Dates: The application was filed on May 30, 2007, and
amended on August 9, 2007. Applicants have agreed to file an amendment
during the notice period, the substance of which is reflected in this
notice.
Hearing or Notification of Hearing: An order granting the requested
relief will be issued unless the Commission orders a hearing.
Interested persons may request a hearing by writing to the Commission's
Secretary and serving applicants with a copy of the request, personally
or by mail. Hearing requests should be received by the Commission by
5:30 p.m. on October 22, 2007, and should be accompanied by proof of
service on applicants, in the form of an affidavit or, for lawyers, a
certificate of service. Hearing requests should state the nature of the
writer's interest, the reason for the request, and the issues
contested. Persons who wish to be notified of a hearing may request
notification by writing to the Commission's Secretary.
ADDRESSES: Secretary, U.S. Securities and Exchange Commission, 100 F
Street, NE., Washington, DC 20549-1090. Applicants, 2455 Corporate West
Drive, Lisle, IL 60532.
FOR FURTHER INFORMATION CONTACT: Christine Y. Greenlees, Senior
Counsel, at (202) 551-6879, or Mary Kay Frech, Branch Chief, at (202)
551-6821 (Division of Investment Management, Office of Investment
Company Regulation).
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee at the
Commission's Public Reference Branch, 100 F Street, NE., Washington, DC
20549-0102 (tel. 202-551-5850).
Applicants' Representations
1. Each Trust is an open-end management investment company
registered under the Act and organized as a Delaware statutory trust.
The Trusts are organized as series funds with multiple series. The
Adviser, an investment adviser registered under the Investment Advisers
Act of 1940 (the ``Advisers Act''), will serve as investment adviser to
the New Funds. The Adviser may retain sub-advisers (``Sub-Advisers'')
to manage the assets of a New Fund. Any Sub-Adviser will be registered
under the Advisers Act. The Distributor, a broker-dealer registered
under the Securities Exchange Act of 1934 (``Exchange Act''), will
serve as the principal underwriter of the New Funds' shares.
2. Each Trust is currently permitted to offer series based on
equity securities indices (the ``Equity Funds,'' and together with the
New Funds and the Future Funds (defined below), the ``Funds'') in
reliance on the Prior Order. Applicants seek to amend the Prior Order
to permit the Trusts to offer the New Funds that, except as described
in the application, would operate in a manner identical to the existing
Equity Funds that are subject to the Prior Order.
3. Each New Fund will invest in fixed-income securities
(``Portfolio Securities'') selected to correspond generally to the
price and yield performance, before fees and expenses, of a specified
securities index (an ``Index'').\2\ No entity that creates, compiles,
sponsors, or maintains an Index is or will be an affiliated person, as
defined in section 2(a)(3) of the Act, or an affiliated person of an
affiliated person, of the Trusts, the Adviser, the Distributor or any
Sub-Adviser, or promoter to a New Fund.
---------------------------------------------------------------------------
\2\ The Indexes for the New Funds are: CPMKTS--The Capital
Markets Index, CPMKTB--The Capital Markets Bond Index, and CPMKTL--
The Capital Markets Liquidity Index.
---------------------------------------------------------------------------
4. The investment objective of each New Fund will be to provide
investment results that correspond generally to the price and yield
performance of the relevant Index. The Adviser may fully replicate a
New Fund's relevant Index or use a representative sampling strategy
where the New Fund will seek to hold a representative sample of the
component securities of the Index. Applicants currently expect that
each New Fund will use a sampling technique to track its Index.
5. Under the Prior Order, applicants stated that each Equity Fund
would invest at least 90% of its total assets in common stocks that
comprise the relevant Index, and may invest up to 10% of its total
assets in securities, options and futures not included in its
[[Page 56109]]
Index which the Adviser believes would help the Equity Fund track the
Index. Applicants seek to amend the Prior Order to provide that each
Fund generally will invest at least 80% or 90% of its total assets in
the securities that comprise the relevant Index, but at times may
invest up to 20% of its total assets in certain futures, options, and
swap contracts, cash and cash equivalents, including money market
funds, as well as securities not included in its Index which the
Adviser believes will help the Fund track its Index. At all times, a
Fund will hold, in the aggregate, at least 80% of its total assets in
component securities and investments that have economic characteristics
that are substantially identical to the economic characteristics of the
component securities of its Index. Applicants expect that each New Fund
will have a tracking error relative to the performance of its
respective Index of less than 5 percent.
6. Applicants state that a New Fund will comply with the federal
securities laws in accepting a deposit of a portfolio of securities
designated by the Adviser to correspond generally to the price and
yield of the New Fund's Index (``Deposit Securities'') \3\ and
satisfying redemptions with portfolio securities of the New Fund
(``Fund Securities''), including that the Deposit Securities and Fund
Securities are sold in transactions that would be exempt from
registration under the Securities Act.\4\ The specified Deposit
Securities and Fund Securities generally will correspond pro rata, to
the extent practicable, to the Portfolio Securities of a New Fund.
---------------------------------------------------------------------------
\3\ Applicants state that a cash-in-lieu amount will replace any
``to-be-announced'' (``TBA'') transaction that is listed as a
Deposit Security or Fund Security of any New Fund. A TBA transaction
is a method of trading mortgage-backed securities where the buyer
and seller agree upon general trade parameters such as agency,
settlement date, par amount and price. The actual pools delivered
generally are determined two days prior to the settlement date. The
amount of substituted cash in the case of TBA transactions will be
equivalent to the value of the TBA transaction listed as a Deposit
Security or Fund Security.
\4\ In accepting Deposit Securities and satisfying redemptions
with Fund Securities that are restricted securities eligible for
resale pursuant to rule 144A under the Securities Act, the New Fund
will comply with the conditions of rule 144A, including in
satisfying redemptions with such rule 144A eligible restricted Fund
Securities. The prospectus for a New Fund will also state that an
authorized participant that is not a ``Qualified Institutional
Buyer,'' as defined in rule 144A under the Securities Act, will not
be able to receive, as part of a redemption, restricted securities
eligible for resale under rule 144A.
---------------------------------------------------------------------------
7. Applicants state that the New Funds will operate in a manner
identical to the operation of the existing Equity Funds in the Prior
Order, except as specifically noted by applicants (and summarized in
this notice), and will comply with all of the terms, provisions and
conditions of the Prior Order, as amended by the present application.
Applicants believe that the requested relief continues to meet the
necessary exemptive standards.
Future Relief
8. Applicants also seek to amend the Prior Order to modify the
terms under which the Trusts may offer additional series in the future
based on other securities indices (``Future Funds''). The Prior Order
is currently subject to a condition that does not permit applicants to
register the shares of any Future Fund by means of filing a post-
effective amendment to a Trust's registration statement or by any other
means, unless applicants have requested and received with respect to
such Future Fund, either exemptive relief from the Commission or a no-
action letter from the Division of Investment Management of the
Commission, or if the Future Fund could be listed on a national
securities exchange (``Exchange'') without the need for a filing
pursuant to rule 19b-4 under the Exchange Act.
9. The order would amend the Prior Order to delete this condition.
Any Future Funds will: (a) Be advised by the Adviser or an entity
controlled by or under common control with the Adviser; (b) track
Indexes that are created, compiled, sponsored or maintained by an
entity that is not an affiliated person, as defined in section 2(a)(3)
of the Act, or an affiliated person of an affiliated person, of the
Adviser, the Distributor, the Trusts or any Sub-Adviser or promoter of
a Future Fund; and (c) comply with the respective terms and conditions
of the Prior Order, as amended by the present application.
10. Applicants believe that the modification of the future relief
available under the Prior Order would be consistent with sections 6(c)
and 17(b) of the Act and that granting the requested relief will
facilitate the timely creation of Future Funds and the commencement of
secondary market trading of such Future Funds by removing the need to
seek additional exemptive relief. Applicants submit that the terms and
conditions of the Prior Order have been appropriate for the existing
series of the Trusts and would remain appropriate for Future Funds.
Applicants also submit that tying exemptive relief under the Act to the
ability of a Future Fund to be listed on an Exchange without the need
for a rule 19b-4 filing under the Exchange Act is not necessary to meet
the standards under sections 6(c) and 17(b) of the Act.
Applicants' Condition
Applicants agree that any amended order granting the requested
relief will be subject to the same conditions as those imposed by the
Prior Order, except for condition 1 to the Prior Order, which will be
deleted.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-19385 Filed 10-1-07; 8:45 am]
BILLING CODE 8011-01-P
