Sunshine Act Meeting, 55571 [E8-22644]

Download as PDF 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]


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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