Foamade Industries, Inc.; Auburn Hills, MI; Notice of Termination of Investigation, 21002 [E9-10387]
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Federal Register / Vol. 74, No. 86 / Wednesday, May 6, 2009 / Notices
Signed at Washington, DC, this 3rd day of
April 2009.
Richard Church,
Trade Adjustment Assistance.
[FR Doc. E9–10385 Filed 5–5–09; 8:45 am]
BILLING CODE 4510–FN–P
DEPARTMENT OF LABOR
Employment and Training
Administration
[TA–W–65,620]
Foamade Industries, Inc.; Auburn Hills,
MI; Notice of Termination of
Investigation
Pursuant to Section 221 of the Trade
Act of 1974, as amended, an
investigation was initiated on March 17,
2009 in response to a petition filed by
company officials on behalf of workers
at Foamade Industries, Inc., Auburn
Hills, Michigan.
The petitioners have requested that
the petition be withdrawn.
Consequently, the investigation has
been terminated.
Signed at Washington, DC this 1st day of
April 2009.
Richard Church,
Certifying Officer, Division of Trade
Adjustment Assistance.
[FR Doc. E9–10387 Filed 5–5–09; 8:45 am]
DATES: Written comments and requests
for a hearing should be received by the
Department by June 5, 2009.
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
mstockstill on PROD1PC66 with NOTICES
Notice of a Proposed Amendment to
Prohibited Transaction Exemption
(PTE) 90–29, 55 FR 21459 (May 24,
1990), as Amended by PTE 97–34, 62
FR 39021 (July 21, 1997), PTE 2000–58,
65 FR 67765 (November 13, 2000), PTE
2002–41, 67 FR 54487 (August 22,2002)
and PTE 2007–05, 72 FR 13130 (March
20, 2007) as Corrected at 72 FR 16385
(April 4, 2007) (PTE 2007–05), (PTE 90–
29), Involving Merrill Lynch, Pierce,
Fenner & Smith, Inc., the Principal
Subsidiary of Merrill Lynch & Co., Inc.
and Its Affiliates (Merrill Lynch) and to
PTE 2002–19, 67 FR 14979 (March 28,
2002) as Amended by PTE 2007–05,
(PTE 2002–19), Involving J.P. Morgan
Chase & Company and Its Affiliates
(D–11519)
SUMMARY: This document contains a
notice of pendency before the
VerDate Nov<24>2008
18:36 May 05, 2009
Jkt 217001
All written comments and
requests for a public hearing (preferably,
three copies) should be sent to the
Office of Exemption Determinations,
Employee Benefits Security
Administration, Room N–5700, U.S.
Department of Labor, 200 Constitution
Avenue, NW., Washington, DC 20210,
(Attention: Exemption Application
Number D–11519). Interested persons
are invited to submit comments and/or
hearing requests to the Department by
the end of the scheduled comment
period either by facsimile to (202) 219–
0204 or by electronic mail to
moffitt.betty@dol.gov. The application
pertaining to the Proposed Amendment
(Application) and the comments
received will be available for public
inspection in the Public Disclosure
Room of the Employee Benefits Security
Administration, U.S. Department of
Labor, Room N–1513, 200 Constitution
Avenue, NW., Washington, DC 20210.
ADDRESSES:
BILLING CODE 4510–FN–P
AGENCY: Employee Benefits Security
Administration, Department of Labor.
ACTION: Notice of a Proposed
Amendment to PTE 90–29.
Department of Labor (the Department) of
a proposed amendment to PTE 90–29
and PTE 2002–19, Underwriter
Exemptions.1 The Underwriter
Exemptions are individual exemptions
that provide relief for the origination
and operation of certain asset pool
investment trusts and the acquisition,
holding and disposition by employee
benefit plans (Plans) of certain assetbacked pass-through certificates
representing undivided interests in
those investment trusts. The proposed
amendment to PTE 90–29 and 2002–19,
if granted, would provide a six month
period to resolve certain affiliations, as
a result of Bank of America
Corporation’s acquisition of Merrill
Lynch, between Bank of America, N.A.,
the Trustee, and Merrill Lynch as
members of the Restricted Group, as
those terms are defined in the
Underwriter Exemptions (the Proposed
Amendment). The Proposed
Amendment, if granted, would affect the
participants and beneficiaries of the
Plans participating in such transactions
and the fiduciaries with respect to such
Plans.
FOR FURTHER INFORMATION CONTACT:
Wendy M. McColough of the
Department, telephone (202) 693–8540.
(This is not a toll-free number.)
1 The ‘‘Underwriter Exemptions’’ are a group of
individual exemptions that provide substantially
identical relief for the operation of certain assetbacked or mortgage-backed investment pools and
the acquisition and holding by Plans of certain
securities representing interests in those investment
pools.
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This
document contains a notice of pendency
before the Department of a proposed
exemption to amend PTE 90–29 and
PTE 2002–19, Underwriter Exemptions.
The Underwriter Exemptions are a
group of individual exemptions granted
by the Department that provide
substantially identical relief from
certain of the restrictions of sections 406
and 407 of the Employee Retirement
Income Security Act of 1974 (ERISA or
the Act) and from the taxes imposed by
sections 4975(a) and (b) of the Internal
Revenue Code of 1986, as amended
(Code), by reason of certain provisions
of section of 4975(c)(1) of the Code for
the operation of certain asset pool
investment trusts and the acquisition,
holding, and disposition by Plans of
certain asset-backed pass-through
certificates representing undivided
interests in those investment trusts.
All of the Underwriter Exemptions
were amended by PTE 97–34, 62 FR
39021 (July 21, 1997), PTE 2000–58, 65
FR 67765 (November 13, 2000), and PTE
2007–05, 72 FR 13130 (March 20, 2007),
as corrected at 72 FR 16385 (April 4,
2007). Certain of the Underwriter
Exemptions were amended by PTE
2002–41, 67 FR 54487 (August 22, 2002)
or modified by PTE 2002–19.
The Department is proposing this
amendment to PTE 90–29 and to PTE
2002–19 pursuant to section 408(a) of
the Act and section 4975(c)(2) of the
Code, and in accordance with the
procedures set forth in 29 CFR Part
2570, Subpart B (55 FR 32836, 32847,
August 10, 1990).2
1. The Underwriter Exemptions
permit Plans to invest in pass-through
securities representing undivided
interests in asset-backed or mortgagebacked investment pools (Securities).
The Securities generally take the form of
certificates issued by a trust (Trust). The
Underwriter Exemptions permit
transactions involving a Trust,
including the servicing, management
and operation of the Trust, and the sale,
exchange or transfer of Securities
evidencing interests therein, in the
initial issuance of the Securities or in
the secondary market for such Securities
(the Covered Transactions). The most
recent amendment to the Underwriter
Exemptions is PTE 2007–05, 72 FR
13130 (March 20, 2007), as corrected at
72 FR 16385 (April 4, 2007) (PTE 2007–
05). One of the General Conditions of
the Underwriter Exemptions, as
amended, requires that the Trustee not
SUPPLEMENTARY INFORMATION:
2 Section 102 of Reorganization Plan No. 4 of
1978 (5 U.S.C. App. 1 [1996]) generally transferred
the authority of the Secretary of the Treasury to
issue exemptions under section 4975(c)(2) of the
Code to the Secretary of Labor.
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06MYN1
]]>Agencies
[Federal Register Volume 74, Number 86 (Wednesday, May 6, 2009)]
[Notices]
[Page 21002]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-10387]
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DEPARTMENT OF LABOR
Employment and Training Administration
[TA-W-65,620]
Foamade Industries, Inc.; Auburn Hills, MI; Notice of Termination
of Investigation
Pursuant to Section 221 of the Trade Act of 1974, as amended, an
investigation was initiated on March 17, 2009 in response to a petition
filed by company officials on behalf of workers at Foamade Industries,
Inc., Auburn Hills, Michigan.
The petitioners have requested that the petition be withdrawn.
Consequently, the investigation has been terminated.
Signed at Washington, DC this 1st day of April 2009.
Richard Church,
Certifying Officer, Division of Trade Adjustment Assistance.
[FR Doc. E9-10387 Filed 5-5-09; 8:45 am]
BILLING CODE 4510-FN-P
