Joint Meetings on Harmonization of Regulation, 42948-42949 [E9-20356]

Download as PDF 42948 DATES: Federal Register / Vol. 74, No. 163 / Tuesday, August 25, 2009 / Notices Comments are due August 28, 2009. Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel, 202–789–6820 and stephen.sharfman@prc.gov. SUPPLEMENTARY INFORMATION: On August 18, 2009, the Postal Service filed a formal notice with the Commission concerning a change in classification for Global Express Guaranteed (GXG) service pursuant to 39 CFR 3020.90 et seq.1 The change revises the requirements for eligibility for online discounts for GXG service to reflect current practice which allows customers to purchase online discounted postage for GXG service and other international expedited and parcel services through Click-N-Ship at https://www.usps.com or by using other commercial online postage providers. Id. at 1. Formerly, customers were eligible to receive online discounts for GXG service by registration via the GXG Web site at https://www.usps.com. The Postal Service asserts this classification change is consistent with the requirements of 39 U.S.C. 3642, and further proposes conforming Mail Classification Schedule language. Id. Pursuant to 39 CFR 3020.92, the Commission provides notice of the Postal Service’s filing and affords interested persons an opportunity to express views and offer comments on whether the proposed classification change is inconsistent with 39 U.S.C. 3642. Comments are due August 28, 2009. 39 CFR 3020.91 requires the Postal Service to file notice of the proposed change with the Commission no less than 15 days prior to the effective date of the proposed change. The Notice indicates the effective date of the change is September 8, 2009. Id. The Commission appoints Kenneth E. Richardson to serve as Public Representative in this docket. It is ordered: 1. The Commission establishes Docket No. MC2009–39 for consideration of the matters raised in this docket. 2. Pursuant to 39 U.S.C. 505, Kenneth E. Richardson is appointed to serve as officer of the Commission (Public Representative) to represent the interests of the general public in these proceedings. pwalker on DSK8KYBLC1PROD with NOTICES ADDRESSES: 1 See Notice of United States Postal Service of Classification Change, August 18, 2009 (Notice). This Notice is available on the Commission’s Web site, https://www.prc.gov. VerDate Nov<24>2008 22:52 Aug 24, 2009 Jkt 217001 3. Comments by interested persons in this proceeding are due no later than August 28, 2009. By the Commission. Judith M. Grady, Acting Secretary. [FR Doc. E9–20401 Filed 8–24–09; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION COMMODITY FUTURES TRADING COMMISSION [Release No. 34–60539; File No. 4–588] Joint Meetings on Harmonization of Regulation AGENCIES: Securities and Exchange Commission (‘‘SEC’’) and Commodity Futures Trading Commission (‘‘CFTC’’) (each, an ‘‘Agency,’’ collectively, the ‘‘Agencies’’). ACTION: Notice of joint meetings; request for comment. SUMMARY: On June 17, 2009, the Department of the Treasury released a White Paper on Financial Regulatory Reform (‘‘White Paper’’) calling on the SEC and the CFTC to ‘‘make recommendations to Congress for changes to statutes and regulations that would harmonize regulation of futures and securities.’’ Specifically, the White Paper recommended ‘‘that the CFTC and the SEC complete a report to Congress by September 30, 2009 that identifies all existing conflicts in statutes and regulations with respect to similar types of financial instruments and either explains why those differences are essential to achieve underlying policy objectives with respect to investor protection, market integrity, and price transparency or makes recommendations for changes to statutes and regulations that would eliminate the differences.’’ On September 2, 2009, from 9 a.m. until 5 p.m., and September 3, 2009, from 9 a.m. until 12:30 p.m., the SEC and the CFTC will hold joint meetings to discuss assessments of the current regulatory scheme, harmonization of the agencies’ rules, and recommendations for changes to statutes and regulations. The meetings will consist of five panels. Topics to be discussed will include the regulation of exchanges and markets; the regulation of intermediaries; the regulation of clearance and settlement; enforcement; and the regulation of investment funds. On September 2, 2009, a meeting will be held in Lobby Level Hearing Room PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 (Room 1000) at the CFTC’s headquarters at Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. On September 3, 2009, a meeting will be held in the auditorium at the SEC’s headquarters at 100 F Street, NE., Washington, DC 20549. The meetings will be open to the public with seating on a first-come, first-served basis. The meetings also will be available via Web cast on the SEC’s Web site at https:// www.sec.gov and at the CFTC’s Web site at https://www.cftc.gov. A transcript of the meetings will be made and entered into the Agencies’ public comment files, which will remain open for the receipt of written comments until September 14, 2009. The SEC and the CFTC welcome feedback regarding any of the topics to be addressed at the meetings. DATES: Comments should be received on or before September 14, 2009. Because the Agencies will jointly review all comments submitted, interested parties may send comments to either Agency and need not submit responses to both Agencies. Respondents are encouraged to use the title ‘‘Harmonization of Regulation’’ to facilitate the organization and distribution of comments between the Agencies. Interested parties are invited to submit responses to: Securities and Exchange Commission: Comments may be submitted by any of the following methods: Electronic Comments • Use the SEC’s Internet comment form (https://www.sec.gov/rules/ other.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include File Number 4–588 on the subject line. Paper Comments • Send paper comments in triplicate to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–1090. All submissions should refer to File Number 4–588. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The SEC staff will post all comments on the SEC’s Internet Web site (https://www.sec.gov/rules/ other.shtml). Comments also will be available for inspection and copying in the SEC’s Public Reference Room, 100 F Street, NE., Washington, DC 20549, on official business days between the hours of 10 a.m. and 3 p.m. All comments received will be posted without change; we do not edit personal identifying information from submissions. You E:\FR\FM\25AUN1.SGM 25AUN1 Federal Register / Vol. 74, No. 163 / Tuesday, August 25, 2009 / Notices should submit only information that you wish to make available publicly. Commodity Futures Trading Commission • Written comments may be mailed to the Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st Street, NW., Washington, DC 20581, attention Office of the Secretariat; transmitted by facsimile to the CFTC at (202) 418–5521; or transmitted electronically to secretary@cftc.gov. Reference should be made to ‘‘Harmonization of Regulation.’’ FOR FURTHER INFORMATION CONTACT: Sara Gillis Hawkins, Special Counsel, at (202) 551–5523, or Leigh W. Duffy, Attorney-Adviser, at (202) 551–5928, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549; or Sauntia Warfield, (202) 418– 5084, at the CFTC. By the Securities and Exchange Commission. Dated: August 19, 2009. Florence E. Harmon, Deputy Secretary. By the Commodity Futures Trading Commission. Dated: August 19, 2009. David A. Stawick, Secretary. [FR Doc. E9–20356 Filed 8–24–09; 8:45 am] BILLING CODE 8010–01–P, 6351–01–P SECURITIES AND EXCHANGE COMMISSION pwalker on DSK8KYBLC1PROD with NOTICES 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 Thursday, August 27, 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), 9(B) and (10) and 17 CFR 200.402(a)(3), (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 a closed session. VerDate Nov<24>2008 22:52 Aug 24, 2009 Jkt 217001 The subject matter of the Closed Meeting scheduled for Thursday, August 27, 2009 will be: Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings; 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: August 20, 2009. Elizabeth M. Murphy, Secretary. [FR Doc. E9–20506 Filed 8–21–09; 11:15 am] BILLING CODE 8010–01–P DEPARTMENT OF STATE [Public Notice 6737] Bureau of Political-Military Affairs; Statutory Debarment Under the Arms Export Control Act and the International Traffic in Arms Regulations ACTION: Notice. SUMMARY: Notice is hereby given that the Department of State has imposed statutory debarment pursuant to § 127.7(c) of the International Traffic in Arms Regulations (‘‘ITAR’’) (22 CFR Parts 120 to 130) on persons convicted of violating, attempting to violate or conspiring to violate Section 38 of the Arms Export Control Act, as amended, (‘‘AECA’’) (22 U.S.C. 2778). DATES: Effective Date: Date of conviction as specified for each person. FOR FURTHER INFORMATION CONTACT: Daniel Buzby, Acting Director, Office of Defense Trade Controls Compliance, Bureau of Political-Military Affairs, Department of State (202) 663–2980. SUPPLEMENTARY INFORMATION: Section 38(g)(4) of the AECA, 22 U.S.C. 2778(g)(4), prohibits the Department of State from issuing licenses or other approvals for the export of defense articles or defense services where the applicant, or any party to the export, has been convicted of violating certain statutes, including the AECA. In implementing this provision, Section 127.7 of the ITAR provides for ‘‘statutory debarment’’ of any person who has been convicted of violating or conspiring to violate the AECA. Persons subject to statutory debarment are PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 42949 prohibited from participating directly or indirectly in the export of defense articles, including technical data, or in the furnishing of defense services for which a license or other approval is required. Statutory debarment is based solely upon conviction in a criminal proceeding, conducted by a United States Court, and as such the administrative debarment procedures outlined in Part 128 of the ITAR are not applicable. The period for debarment will be determined by the Assistant Secretary for Political-Military Affairs based on the underlying nature of the violations, but will generally be for three years from the date of conviction. At the end of the debarment period, export privileges may be reinstated only at the request of the debarred person followed by the necessary interagency consultations, after a thorough review of the circumstances surrounding the conviction, and a finding that appropriate steps have been taken to mitigate any law enforcement concerns, as required by Section 38(g)(4) of the AECA. Unless export privileges are reinstated, however, the person remains debarred. Department of State policy permits debarred persons to apply to the Director, Office of Defense Trade Controls Compliance, for reinstatement beginning one year after the date of the debarment. Any decision to grant reinstatement can be made only after the statutory requirements under Section 38(g) (4) of the AECA have been satisfied. Exceptions, also known as transaction exceptions, may be made to this debarment determination on a case-bycase basis at the discretion of the Assistant Secretary of State for PoliticalMilitary Affairs, after consulting with the appropriate U.S. agencies. However, such an exception would be granted only after a full review of all circumstances, paying particular attention to the following factors: whether an exception is warranted by overriding U.S. foreign policy or national security interests; whether an exception would further law enforcement concerns that are consistent with the foreign policy or national security interests of the United States; or whether other compelling circumstances exist that are consistent with the foreign policy or national security interests of the United States, and that do not conflict with law enforcement concerns. Even if exceptions are granted, the debarment continues until subsequent reinstatement. E:\FR\FM\25AUN1.SGM 25AUN1

Agencies

[Federal Register Volume 74, Number 163 (Tuesday, August 25, 2009)]
[Notices]
[Pages 42948-42949]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-20356]


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SECURITIES AND EXCHANGE COMMISSION

COMMODITY FUTURES TRADING COMMISSION

[Release No. 34-60539; File No. 4-588]


Joint Meetings on Harmonization of Regulation

AGENCIES: Securities and Exchange Commission (``SEC'') and Commodity 
Futures Trading Commission (``CFTC'') (each, an ``Agency,'' 
collectively, the ``Agencies'').

ACTION: Notice of joint meetings; request for comment.

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

SUMMARY: On June 17, 2009, the Department of the Treasury released a 
White Paper on Financial Regulatory Reform (``White Paper'') calling on 
the SEC and the CFTC to ``make recommendations to Congress for changes 
to statutes and regulations that would harmonize regulation of futures 
and securities.'' Specifically, the White Paper recommended ``that the 
CFTC and the SEC complete a report to Congress by September 30, 2009 
that identifies all existing conflicts in statutes and regulations with 
respect to similar types of financial instruments and either explains 
why those differences are essential to achieve underlying policy 
objectives with respect to investor protection, market integrity, and 
price transparency or makes recommendations for changes to statutes and 
regulations that would eliminate the differences.''
    On September 2, 2009, from 9 a.m. until 5 p.m., and September 3, 
2009, from 9 a.m. until 12:30 p.m., the SEC and the CFTC will hold 
joint meetings to discuss assessments of the current regulatory scheme, 
harmonization of the agencies' rules, and recommendations for changes 
to statutes and regulations.
    The meetings will consist of five panels. Topics to be discussed 
will include the regulation of exchanges and markets; the regulation of 
intermediaries; the regulation of clearance and settlement; 
enforcement; and the regulation of investment funds.
    On September 2, 2009, a meeting will be held in Lobby Level Hearing 
Room (Room 1000) at the CFTC's headquarters at Three Lafayette Centre, 
1155 21st Street, NW., Washington, DC 20581. On September 3, 2009, a 
meeting will be held in the auditorium at the SEC's headquarters at 100 
F Street, NE., Washington, DC 20549. The meetings will be open to the 
public with seating on a first-come, first-served basis. The meetings 
also will be available via Web cast on the SEC's Web site at https://www.sec.gov and at the CFTC's Web site at https://www.cftc.gov. A 
transcript of the meetings will be made and entered into the Agencies' 
public comment files, which will remain open for the receipt of written 
comments until September 14, 2009. The SEC and the CFTC welcome 
feedback regarding any of the topics to be addressed at the meetings.

DATES: Comments should be received on or before September 14, 2009.
    Because the Agencies will jointly review all comments submitted, 
interested parties may send comments to either Agency and need not 
submit responses to both Agencies. Respondents are encouraged to use 
the title ``Harmonization of Regulation'' to facilitate the 
organization and distribution of comments between the Agencies. 
Interested parties are invited to submit responses to:
    Securities and Exchange Commission: Comments may be submitted by 
any of the following methods:

Electronic Comments

     Use the SEC's Internet comment form (https://www.sec.gov/rules/other.shtml); or
     Send an e-mail to rule-comments@sec.gov. Please include 
File Number 4-588 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-1090.
    All submissions should refer to File Number 4-588. This file number 
should be included on the subject line if e-mail is used. To help us 
process and review your comments more efficiently, please use only one 
method. The SEC staff will post all comments on the SEC's Internet Web 
site (https://www.sec.gov/rules/other.shtml). Comments also will be 
available for inspection and copying in the SEC's Public Reference 
Room, 100 F Street, NE., Washington, DC 20549, on official business 
days between the hours of 10 a.m. and 3 p.m. All comments received will 
be posted without change; we do not edit personal identifying 
information from submissions. You

[[Page 42949]]

should submit only information that you wish to make available 
publicly.

Commodity Futures Trading Commission

     Written comments may be mailed to the Commodity Futures 
Trading Commission, Three Lafayette Center, 1155 21st Street, NW., 
Washington, DC 20581, attention Office of the Secretariat; transmitted 
by facsimile to the CFTC at (202) 418-5521; or transmitted 
electronically to secretary@cftc.gov. Reference should be made to 
``Harmonization of Regulation.''

FOR FURTHER INFORMATION CONTACT: Sara Gillis Hawkins, Special Counsel, 
at (202) 551-5523, or Leigh W. Duffy, Attorney-Adviser, at (202) 551-
5928, Division of Trading and Markets, Securities and Exchange 
Commission, 100 F Street, NE., Washington, DC 20549; or Sauntia 
Warfield, (202) 418-5084, at the CFTC.

    By the Securities and Exchange Commission.

    Dated: August 19, 2009.
Florence E. Harmon,
Deputy Secretary.
    By the Commodity Futures Trading Commission.

    Dated: August 19, 2009.
David A. Stawick,
Secretary.
[FR Doc. E9-20356 Filed 8-24-09; 8:45 am]
BILLING CODE 8010-01-P, 6351-01-P

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