Sunshine Act Meeting, 55571 [E8-22644]
Download as PDF
<![CDATA[
Federal Register / Vol. 73, No. 187 / Thursday, September 25, 2008 / Notices
system. The Commission finds that
permitting the Chairman of the CTA/CQ
Operating Committee to submit
ministerial amendments will increase
the efficiency of the administration of
the Plans and increase the timeliness of
updating the Plans for accuracy.
Additionally, the Commission finds that
the proposed Amendments streamlining
the process for admitting new
Participants remove impediments to
competition by facilitating the timely
admission of a new Participant to the
Plans.
IV. Conclusion
It is therefore ordered, pursuant to
Section 11A of the Act,13 and Rule 608
thereunder,14 that the proposed
amendments to the CTA and CQ Plans
(SR–CTA/CQ–2008–02) are approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E8–22489 Filed 9–24–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENT: [73 FR 54644,
September 22, 2008]
STATUS:
PLACE:
Closed Meeting.
100 F Street, NE., Washington,
DC.
DATE AND TIME OF PREVIOUSLY ANNOUNCED
MEETING: Tuesday, September 23, 2008
at 10 a.m.
Date Change.
The Closed Meeting scheduled for
Tuesday, September 23, 2008 at 10 a.m.,
has been changed to Wednesday,
September 24, 2008 at 10 a.m.
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.
mstockstill on PROD1PC66 with NOTICES
CHANGE IN THE MEETING:
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
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 a Closed Meeting
on Monday, September 29, 2008 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 also may 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 Casey, as duty officer,
voted to consider the items listed for the
Closed Meeting in closed session.
The subject matter of the Closed
Meeting scheduled for Monday,
September 29, 2008 will be:
Formal orders of investigation;
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings of an
enforcement nature; and
Other matters relating 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.
Dated: September 22, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–22644 Filed 9–24–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 58612]
Dated: September 22, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–22546 Filed 9–24–08; 8:45 am]
Order Granting Temporary, Conditional
Relief From the Net Capital Rule for
Barclays Capital, Inc.
BILLING CODE 8010–01–P
September 22, 2008.
Barclays Capital, Inc. (‘‘Barclays
Capital’’) is a broker-dealer registered
with the Securities and Exchange
Commission (‘‘Commission’’). Barclays
13 15
U.S.C. 78k–1.
14 17 CFR 240.608.
15 17 CFR 200.30–3(a)(27).
VerDate Aug<31>2005
17:50 Sep 24, 2008
Jkt 214001
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
55571
Capital’s ultimate holding company is
Barclays Group (‘‘Barclays Group’’),
which is supervised by the United
Kingdom Financial Services Authority.
Barclays Group, through Barclays
Capital, has entered into an agreement
to purchase substantially all of the
assets, businesses and personnel of
Lehman Brothers Inc. (‘‘Lehman’’).
On November 9, 2005, the
Commission issued an Order approving
Lehman’s application to use the
alternative method of computing net
capital contained in Appendix E
(‘‘Appendix E’’) to Rule 15c3–1 (17 CFR
240.15c3–1e) under the Securities
Exchange Act of 1934 (‘‘Exchange Act’’).
In a September 19, 2008 letter to the
Commission, Barclays Capital and
Barclays Group applied to the
Commission for an exemption that
would permit Barclays Capital, as
successor to a substantial portion of
Lehman’s assets and liabilities, to
continue to use for a temporary period
the alternative method of computing net
capital contained in Appendix E solely
when computing capital charges for the
positions it acquires from Lehman.
Pursuant to paragraph (b)(3) of Rule
15c3–1, the Commission may, upon
written application, exempt from the
provisions of Rule 15c3–1, either
unconditionally or on specified terms
and conditions, any broker or dealer
who satisfies the Commission that,
because of the special nature of its
business, its financial position, and the
safeguards it has established for the
protection of customers’ funds and
securities, it is not necessary in the
public interest or for the protection of
investors to subject the particular broker
or dealer to the provisions of Rule 15c3–
1.
In its letter, Barclays Capital and
Barclays Group have represented to the
Commission that until such time as the
Commission acts on Barclays Capital’s
application to use the alternate net
capital treatment and supervision on a
consolidated basis, Barclays Capital
will:
(1) File a draft application promptly,
and cooperate and file with the
Commission a plan to complete all
requirements of such application
process (including a timeline) and file a
completed application in accordance
with Appendix E to Exchange Act Rule
15c3–1 within 180 days of the
bankruptcy court’s approval of Barclays’
acquisition of Lehman’s assets. In the
event Barclays Capital will not be able
to file a completed application with
respect to the various provisions related
to VaR Models, Barclays Capital will
promptly inform the Commission of
such; and
E:\FR\FM\25SEN1.SGM
25SEN1
]]>Agencies
[Federal Register Volume 73, Number 187 (Thursday, September 25, 2008)]
[Notices]
[Page 55571]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-22644]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
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 a Closed Meeting on Monday, September
29, 2008 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 also may 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 Casey, as duty officer, voted to consider the items
listed for the Closed Meeting in closed session.
The subject matter of the Closed Meeting scheduled for Monday,
September 29, 2008 will be:
Formal orders of investigation;
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings of an
enforcement nature; and
Other matters relating 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.
Dated: September 22, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-22644 Filed 9-24-08; 8:45 am]
BILLING CODE 8010-01-P
