Sunshine Act Meeting, 6068 [E9-2333]
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6068
Federal Register / Vol. 74, No. 22 / Wednesday, February 4, 2009 / Notices
OIRA_DOCKET@omb.eop.gov or by fax
to (202) 395–6974.
Copies of the collection of
information may also be obtained
without charge by writing to the
Disclosure Division of the Office of the
General Counsel of PBGC at the above
address or by visiting the Disclosure
Division or calling 202–326–4040
during normal business hours. (TTY and
TDD users may call the Federal relay
service toll-free at 1–800–877–8339 and
ask to be connected to 202–326–4040.)
The Disclosure Division will e-mail, fax,
or mail the requested information to
you, as you request.
FOR FURTHER INFORMATION CONTACT:
Thomas H. Gabriel, Attorney, or
Catherine B. Klion, Manager, Regulatory
and Policy Division, Legislative and
Regulatory Department, Pension Benefit
Guaranty Corporation, 1200 K Street,
NW., Washington, DC 20005–4026, 202–
326–4024. (For TTY/TDD users, call the
Federal relay service toll-free at 1–800–
877–8339 and ask to be connected to
202–326–4024.)
SUPPLEMENTARY INFORMATION: PBGC’s
regulations prescribe actuarial valuation
methods and assumptions (including
interest rate assumptions) to be used in
determining the actuarial present value
of benefits under single-employer plans
that terminate (29 CFR part 4044) and
under multiemployer plans that
undergo a mass withdrawal of
contributing employers (29 CFR part
4281). Each month PBGC publishes the
interest rates to be used under those
regulations for plans terminating or
undergoing mass withdrawal during the
next month.
The interest rates are intended to
reflect current conditions in the
investment and annuity markets. To
determine these interest rates, PBGC
gathers pricing data from insurance
companies that are providing annuity
contracts to terminating pension plans
through a quarterly ‘‘Survey of
Nonparticipating Single Premium Group
Annuity Rates.’’ The survey is
distributed by the American Council of
Life Insurers and provides PBGC with
‘‘blind’’ data (i.e., is conducted in such
a way that PBGC is unable to match
responses with the companies that
submitted them). The information from
the survey is also used by PBGC in
determining the interest rates it uses to
value benefits payable to participants
and beneficiaries in PBGC-trusteed
plans for purposes of PBGC’s financial
statements.
The survey is directed at insurance
companies that have volunteered to
participate, most or all of which are
members of the American Council of
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14:33 Feb 03, 2009
Jkt 217001
Life Insurers. The survey is conducted
quarterly and will be sent to
approximately 22 insurance companies.
Based on experience under the current
approval, PBGC estimates that 6
insurance companies will complete and
return the survey. PBGC further
estimates that the average annual
burden of this collection of information
is 26 hours and $138.
The collection of information has
been approved by OMB under control
number 1212–0030 through March 31,
2009. PBGC is requesting that OMB
extend its approval for another three
years. An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid OMB
control number.
Issued in Washington, DC, this 29th day of
January, 2009.
John H. Hanley,
Director, Legislative and Regulatory
Department, Pension Benefit Guaranty
Corporation.
[FR Doc. E9–2468 Filed 2–3–09; 8:45 am]
BILLING CODE 7709–01–P
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 Wednesday, February 4, 2009 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)(3), (5), (7), (8), 9(B) and
(10) and 17 CFR 200.402(a)(3), (5), (7),
(8), 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,
February 4, 2009 will be:
Formal orders of investigation;
Institution and settlement of injunctive
actions;
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Institution and settlement of
administrative proceedings of an
enforcement nature;
Resolution of litigation claims;
A regulatory matter regarding a financial
institution; 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: January 30, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–2333 Filed 2–3–09; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of Global 1 Investment
Holdings Corporation, Respondent;
Order of Suspension of Trading
February 2, 2009.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Global 1
Investment Holdings Corporation
(‘‘Global’’) because Global is delinquent
in filing periodic reports with the
Commission and because of questions
regarding the accuracy and
completeness of Global’s
representations to investors and
prospective investors in Global’s public
filings with the Commission and
Global’s publicly-available press
releases. Among other things, there are
questions regarding the accuracy and
completeness of Global’s public
assertions in its Form 10–QSB report
purportedly for the quarter ended
December 31, 2007, filed with the
Commission on February 14, 2008,
indicating by way of example that
Global has created $500 million to be
used as collateral in structured credit
transactions and that Global has the
current ability and expertise to develop
and produce small feature films and
videos for a direct to the consumer
distribution model.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in Global’s securities.
Therefore, It Is Ordered, pursuant to
Section 12(k) of the Securities Exchange
E:\FR\FM\04FEN1.SGM
04FEN1
]]>Agencies
[Federal Register Volume 74, Number 22 (Wednesday, February 4, 2009)]
[Notices]
[Page 6068]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-2333]
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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 Wednesday,
February 4, 2009 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)(3), (5), (7), (8), 9(B) and (10) and 17 CFR
200.402(a)(3), (5), (7), (8), 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,
February 4, 2009 will be:
Formal orders of investigation;
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings of an
enforcement nature;
Resolution of litigation claims;
A regulatory matter regarding a financial institution; 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: January 30, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-2333 Filed 2-3-09; 8:45 am]
BILLING CODE 8011-01-P
