Sunshine Federal Register Notice, 31331-31332 [E9-15515]

Download as PDF sroberts on PROD1PC70 with NOTICES6 Federal Register / Vol. 74, No. 124 / Tuesday, June 30, 2009 / Notices excluding government holidays. The electronic filing Help Desk can be contacted by telephone at 1–866–672– 7640 or by e-mail at MSHD.Resource@nrc.gov. Participants who believe that they have a good cause for not submitting documents electronically must file a motion, in accordance with 10 CFR 2.302(g), with their initial paper filing requesting authorization to continue to submit documents in paper format. Such filings must be submitted by: (1) First class mail addressed to the Office of the Secretary of the Commission, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001, Attention: Rulemaking and Adjudications Staff; or (2) courier, express mail, or expedited delivery service to the Office of the Secretary, Sixteenth Floor, One White Flint North, 11555 Rockville, Pike, Rockville, Maryland, 20852, Attention: Rulemaking and Adjudications Staff. Participants filing a document in this manner are responsible for serving the document on all other participants. Filing is considered complete by firstclass mail as of the time of deposit in the mail, or by courier, express mail, or expedited delivery service upon depositing the document with the provider of the service. Non-timely requests and/or petitions and contentions will not be entertained absent a determination by the Commission, the presiding officer, or the Atomic Safety and Licensing Board that the petition and/or request should be granted and/or the contentions should be admitted, based on a balancing of the factors specified in 10 CFR 2.309(c)(1)(i)–(viii). Documents submitted in adjudicatory proceedings will appear in NRC’s electronic hearing docket which is available to the public at https:// ehd.nrc.gov/EHD_Proceeding/home.asp, unless excluded pursuant to an order of the Commission, an Atomic Safety and Licensing Board, or a Presiding Officer. Participants are requested not to include personal privacy information, such as social security numbers, home addresses, or home phone numbers in their filings, unless an NRC regulation or other law requires submission of such information. With respect to copyrighted works, except for limited excerpts that serve the purpose of the adjudicatory filings and would constitute a Fair Use application, participants are requested not to include copyrighted materials in their submission. VerDate Nov<24>2008 19:55 Jun 29, 2009 Jkt 217001 Entergy Nuclear Operations, Inc., Docket No. 50–333, James A. FitzPatrick Nuclear Power Plant, Oswego County, New York Date of application for amendment: June 4, 2009, as supplemented by letter dated June 6, 2009. Brief description of amendment: The amendment authorizes a temporary onetime change to Technical Specification (TS) 3.8.1 Required Action B.4 Completion Time. The amendment would add a note allowing a Completion Time of ‘‘17 days’’, on a temporary one-time basis. This one-time allowance will expire at 10:15 a.m. on June 12, 2009. Date of issuance: June 8, 2009. Effective date: As of the date of issuance, and shall be implemented immediately. Amendment No.: 294. Facility Operating License No. DPR– 59: The amendment revised the License and the Technical Specifications. Public comments requested as to the proposed no significant hazards consideration (NSHC): No. The Commission’s related evaluation of the amendment, finding of emergency circumstances, State consultation, and final NSHC determination are contained in a safety evaluation dated June 8, 2009. Attorney for licensee: Mr. William C. Dennis, Assistant General Counsel, Entergy Nuclear Operations, Inc., 440 Hamilton Avenue, White Plains, NY 10601. NRC Acting Branch Chief: John P. Boska. Dated at Rockville, Maryland, this 19th day of June 2009. For the Nuclear Regulatory Commission. Joseph G. Giitter, Director, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. [FR Doc. E9–15117 Filed 6–29–09; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION Sunshine Federal Register Notice AGENCY HOLDING THE MEETINGS: Nuclear Regulatory Commission. DATES: Weeks of June 29, July 6, 13, 20, 27, August 3, 2009. PLACE: Commissioners’ Conference Room, 11555 Rockville Pike, Rockville, Maryland. STATUS: PO 00000 Public and Closed. Frm 00096 Fmt 4703 Sfmt 4703 31331 Week of June 29, 2009 Tuesday, June 30, 2009 1 p.m. Affirmation Session (Public Meeting) (Tentative). U.S. Department of Energy (HighLevel Waste Repository); Appeals of First Prehearing Conference Order (Tentative). This meeting will be webcast live at the Web address—https://www.nrc.gov. 1:05 p.m. Discussion/Possible Vote on Final Rule—Update to Waste Confidence Decision (Public Meeting) (Tentative) (Contact: Rochelle Bavol, 301–415–1651). This meeting will be webcast live at the Web address—https://www.nrc.gov. Week of July 6, 2009—Tentative There are no meetings scheduled for the week of July 6, 2009. Week of July 13, 2009—Tentative There are no meetings scheduled for the week of July 13, 2009. Week of July 20, 2009—Tentative There are no meetings scheduled for the week of July 20, 2009. Week of July 27, 2009—Tentative There are no meetings scheduled for the week of July 27, 2009. Week of August 3, 2009—Tentative There are no meetings scheduled for the week of August 3, 2009. * * * * * * The schedule for Commission meetings is subject to change on short notice. To verify the status of meetings, call (recording)—(301) 415–1292. Contact person for more information: Rochelle Bavol, (301) 415–1651. * * * * * The NRC Commission Meeting Schedule can be found on the Internet at: https://www.nrc.gov/about-nrc/policymaking/schedule.html. * * * * * The NRC provides reasonable accommodation to individuals with disabilities where appropriate. If you need a reasonable accommodation to participate in these public meetings, or need this meeting notice or the transcript or other information from the public meetings in another format (e.g. braille, large print), please notify the NRC’s Disability Program Coordinator, Rohn Brown, at 301–492–2279, TDD: 301–415–2100, or by e-mail at rohn.brown@nrc.gov. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. * * * * * This notice is distributed electronically to subscribers. If you no E:\FR\FM\30JNN1.SGM 30JNN1 31332 Federal Register / Vol. 74, No. 124 / Tuesday, June 30, 2009 / Notices longer wish to receive it, or would like to be added to the distribution, please contact the Office of the Secretary, Washington, DC 20555 (301–415–1969), or send an e-mail to darlene.wright@nrc.gov. Dated: June 25, 2009. Rochelle C. Bavol, Office of the Secretary. [FR Doc. E9–15515 Filed 6–26–09; 11:15 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION Proposed Collection; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0213. sroberts on PROD1PC70 with NOTICES6 Extension: Rule 2a–7, SEC File No. 270–258, OMB Control No. 3235–0268. Notice is hereby given that under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501), the Securities and Exchange Commission (‘‘Commission’’) is soliciting comments on the collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget for extension and approval. Rule 2a–7 (17 CFR 270.2a–7) under the Investment Company Act of 1940 (15 U.S.C. 80a) (the ‘‘Act’’) governs money market funds. Money market funds are open-end management investment companies that differ from other open-end management investment companies in that they seek to maintain a stable price per share, usually $1.00. The rule exempts money market funds from the valuation requirements of the Act, and, subject to certain risk-limiting conditions, permits money market funds to use the ‘‘amortized cost method’’ of asset valuation or the ‘‘penny-rounding method’’ of share pricing. Rule 2a–7 imposes certain recordkeeping and reporting obligations on money market funds. The board of directors of a money market fund, in supervising the fund’s operations, must establish written procedures designed to stabilize the fund’s net asset value (‘‘NAV’’). The board also must adopt guidelines and procedures relating to certain responsibilities it delegates to the fund’s investment adviser. These procedures typically address various aspects of the fund’s operations. The fund must maintain and preserve for six years a written copy of both these VerDate Nov<24>2008 19:55 Jun 29, 2009 Jkt 217001 procedures and guidelines. The fund also must maintain and preserve for six years a written record of the board’s considerations and actions taken in connection with the discharge of its responsibilities, to be included in the board’s minutes. In addition, the fund must maintain and preserve for three years written records of certain credit risk analyses, evaluations with respect to securities subject to demand features or guarantees, and determinations with respect to adjustable rate securities and asset backed securities. If the board takes action with respect to defaulted securities, events of insolvency, or deviations in share price, the fund must file with the Commission an exhibit to Form N–SAR (17 CFR 249.330) describing the nature and circumstances of the action. If any portfolio security fails to meet certain eligibility standards under the rule, the fund also must identify those securities in an exhibit to Form N–SAR. After certain events of default or insolvency relating to a portfolio security, the fund must notify the Commission of the event and the actions the fund intends to take in response to the situation. The recordkeeping requirements in rule 2a–7 are designed to enable Commission staff in its examinations of money market funds to determine compliance with the rule, as well as to ensure that money market funds have established procedures for collecting the information necessary to make adequate credit reviews of securities in their portfolios. The reporting requirements of rule 2a–7 are intended to assist Commission staff in overseeing money market funds. Commission staff estimates that each of 757 1 money market funds spends a total of approximately 410 hours 2 of professional time (at $193 per hour) 3 to record credit risk analyses and determinations regarding adjustable rate securities, asset backed securities and securities subject to a demand feature or 1 See Investment Company Institute, Trends in Mutual Fund Investing: April 2009 (May 28, 2009), https://www.ici.org/highlights/trends_04_09. These include registered money market funds and series of registered funds. 2 This average is based on discussions with individuals at money market funds and their advisers. The actual number of burden hours may vary significantly depending on the type and number of portfolio securities held by individual funds. 3 The estimated hourly cost was based on the weighted average annual salaries reported for senior business analysts, accountants, floor supervisors, and portfolio managers in SIFMA’s Management & Professional Earnings in the Securities Industry 2008 (Sept. 2008), modified by Commission staff to account for an 1800-hour work-year and multiplied by 5.35 to account for bonuses, firm size, employee benefits and overhead. PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 guarantee, for a total of approximately $59,901,410. The staff further estimates that each of 9 new money market funds spends a total of 15.5 hours of director, legal, and support staff time at a total cost of approximately $50,487.30 to adopt procedures designed to stabilize the fund’s NAV and guidelines regarding the delegation of certain responsibilities to the fund’s adviser.4 The staff further estimates that on average each of 189 money market funds spends a total of 2.4 hours of director and legal time at a total cost of approximately $442,260 to review and amend written procedures and guidelines each year.5 Finally, the staff estimates that each of 13 money market funds that experience a change in certain eligibility standards for portfolio securities or an event of default or insolvency relating to portfolio securities spends a total of one and a half hours of professional legal time documenting board determinations and notifying the Commission regarding the event, for a total of $5265.00. Thus, Commission staff estimates the total annual burden of the rule’s information collection requirements are 310,983 hours 6 at an annual cost of $60,399,422.7 The Commission staff estimate of 310,983 burden hours is a decrease from the previous estimate of 1,034,800 hours. The decrease is primarily attributable to the decrease in the number of money market funds and updated information from money market funds regarding hourly burdens, including significant differences in burden hours reported by the funds surveyed in this submission year than those reported by funds in prior submission years. These estimates of burden hours are made solely for the purposes of the Paperwork Reduction Act. The 4 This estimate is based on information from Lipper Inc.’s LANA database for the period of January 1, 2007 through December 31, 2008. 5 For PRA purposes we assumed that on average 25% of money market funds would review and update their procedures on an annual basis. 6 This estimate is based on the following calculation: 310,370 hours + 139.5 hours + 453.6 hours + 19.5 hours = 310,982.6 hours. 7 A significant portion of the recordkeeping burden involves organizing information that the funds already collect when initially purchasing securities. In addition, when a money market fund analyzes a security, the analysis need not be presented in any particular format. Money market funds therefore have a choice of methods for maintaining these records that vary in technical sophistication and formality (e.g., handwritten notes, computer disks, etc.). Accordingly, the cost of preparing these documents may vary significantly among individual funds. The burden hours associated with filing reports to the Commission as an exhibit to Form N–SAR are included in the PRA burden estimate for that form. E:\FR\FM\30JNN1.SGM 30JNN1

Agencies

[Federal Register Volume 74, Number 124 (Tuesday, June 30, 2009)]
[Notices]
[Pages 31331-31332]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-15515]


-----------------------------------------------------------------------

NUCLEAR REGULATORY COMMISSION


Sunshine Federal Register Notice

Agency Holding the Meetings: Nuclear Regulatory Commission.

DATES: Weeks of June 29, July 6, 13, 20, 27, August 3, 2009.

Place: Commissioners' Conference Room, 11555 Rockville Pike, Rockville, 
Maryland.

Status: Public and Closed.

Week of June 29, 2009

Tuesday, June 30, 2009

    1 p.m. Affirmation Session (Public Meeting) (Tentative).
    U.S. Department of Energy (High-Level Waste Repository); Appeals of 
First Prehearing Conference Order (Tentative).
    This meeting will be webcast live at the Web address--https://www.nrc.gov.
    1:05 p.m. Discussion/Possible Vote on Final Rule--Update to Waste 
Confidence Decision (Public Meeting) (Tentative) (Contact: Rochelle 
Bavol, 301-415-1651).
    This meeting will be webcast live at the Web address--https://www.nrc.gov.

Week of July 6, 2009--Tentative

    There are no meetings scheduled for the week of July 6, 2009.

Week of July 13, 2009--Tentative

    There are no meetings scheduled for the week of July 13, 2009.

Week of July 20, 2009--Tentative

    There are no meetings scheduled for the week of July 20, 2009.

Week of July 27, 2009--Tentative

    There are no meetings scheduled for the week of July 27, 2009.

Week of August 3, 2009--Tentative

    There are no meetings scheduled for the week of August 3, 2009.
* * * * *
    * The schedule for Commission meetings is subject to change on 
short notice. To verify the status of meetings, call (recording)--(301) 
415-1292. Contact person for more information: Rochelle Bavol, (301) 
415-1651.
* * * * *
    The NRC Commission Meeting Schedule can be found on the Internet 
at: https://www.nrc.gov/about-nrc/policy-making/schedule.html.
* * * * *
    The NRC provides reasonable accommodation to individuals with 
disabilities where appropriate. If you need a reasonable accommodation 
to participate in these public meetings, or need this meeting notice or 
the transcript or other information from the public meetings in another 
format (e.g. braille, large print), please notify the NRC's Disability 
Program Coordinator, Rohn Brown, at 301-492-2279, TDD: 301-415-2100, or 
by e-mail at rohn.brown@nrc.gov. Determinations on requests for 
reasonable accommodation will be made on a case-by-case basis.
* * * * *
    This notice is distributed electronically to subscribers. If you no

[[Page 31332]]

longer wish to receive it, or would like to be added to the 
distribution, please contact the Office of the Secretary, Washington, 
DC 20555 (301-415-1969), or send an e-mail to darlene.wright@nrc.gov.

    Dated: June 25, 2009.
Rochelle C. Bavol,
Office of the Secretary.
 [FR Doc. E9-15515 Filed 6-26-09; 11:15 am]
BILLING CODE 7590-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.