Green Energy Resources, Inc.; Order of Suspension of Trading, 36128 [2010-15425]

Download as PDF emcdonald on DSK2BSOYB1PROD with NOTICES 36128 Federal Register / Vol. 75, No. 121 / Thursday, June 24, 2010 / Notices Act of 1974 (ERISA) contains three separate sets of provisions—in Title I (Labor provisions), Title II (Internal Revenue Code provisions), and Title IV (PBGC provisions)—requiring administrators of employee benefit pension and welfare plans (collectively referred to as employee benefit plans) to file returns or reports annually with the federal government. Since enactment of ERISA, PBGC, the Department of Labor (DOL), and the Internal Revenue Service (IRS) (collectively, the Agencies), have worked together (under DOL’s leadership) to produce the Form 5500 Annual Return/Report, through which the regulated public can satisfy the combined reporting/filing requirements applicable to employee benefit plans. The Form 5500 Series is the primary source of information concerning the operation, funding, assets and investments of pension and other employee benefit plans. In addition to being an important disclosure document for plan participants and beneficiaries, the Form 5500 is a compliance and research tool for the Agencies, and a source of information for use by other federal agencies, Congress, and the private sector in assessing employee benefit, tax, and economic trends and policies. On November 16, 2007, the Agencies adopted revisions to the Form 5500 Annual Return/Report in order to update and streamline the annual reporting process in conjunction with establishing a wholly electronic processing system for the receipt of the Form 5500 Annual Return/Reports and to conform the forms and instructions to the provisions of the Pension Protection Act of 2006 (PPA). OMB has approved PBGC’s annual reporting and disclosure collection of information (2008–2010 Forms and Instructions) under control number 1212–0057 (expires September 30, 2010). PBGC intends to request that OMB extend approval of this collection of information for three years, without change. 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. PBGC estimates that it will receive 30,300 Form 5500 and Form 5500–SF filings per year under this collection of information. PBGC further estimates that the total annual burden of this collection of information is 1,200 hours and $1,250,000. PBGC is soliciting public comments to— • Evaluate whether the proposed collection of information is necessary VerDate Mar<15>2010 16:47 Jun 23, 2010 Jkt 220001 for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodologies and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. Issued in Washington, DC, this 21st day of June 2010. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. 2010–15339 Filed 6–23–10; 8:45 am] BILLING CODE 7709–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] Green Energy Resources, Inc.; Order of Suspension of Trading June 22, 2010. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Green Energy Resources, Inc. (‘‘Green Energy’’) because of questions regarding the accuracy of statements by Green Energy in press releases concerning, among other things, the company’s involvement in the Gulf of Mexico oil spill cleanup effort. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of Green Energy. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT June 22, 2010 through 11:59 p.m. EDT, on July 6, 2010. By the Commission. Elizabeth M. Murphy, Secretary. Fmt 4703 Self-Regulatory Organizations; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change by The NASDAQ Stock Market LLC To Clarify the Applicable Time Period of Trading Pauses on Trading Days With an Early Scheduled Close June 17, 2010. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on June 14, 2010, The NASDAQ Stock Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Exchange has designated the proposed rule change as constituting a non-controversial rule change under Rule 19b-4(f)(6) under the Act,3 which renders the proposal effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of the Substance of the Proposed Rule Change The Exchange is filing with the Commission a proposed rule change to clarify the applicable time period of trading pauses on trading days with an early scheduled close. The text of the proposed rule change is below. Proposed new language is underlined and proposed deletions are in brackets.4 * * * * * 4120. Trading Halts (a) Authority To Initiate Trading Halts or Pauses In circumstances in which Nasdaq deems it necessary to protect investors and the public interest, Nasdaq, pursuant to the procedures set forth in paragraph (c): (1)–(10) No Change. (11) shall, between 9:45 a.m. and 3:35 p.m., or in the case of an early scheduled close, 25 minutes before the close of trading, immediately pause U.S.C. 78s(b)(1). CFR 240.19b–4. 3 17 CFR 240.19b–4(f)(6). 4 Changes are marked to the rule text that appears in the electronic manual of NASDAQ found at https://nasdaqomx.cchwallstreet.com. 2 17 BILLING CODE 8010–01–P Frm 00071 [Release No. 34–62314; File No. SR– NASDAQ–2010–072] 1 15 [FR Doc. 2010–15425 Filed 6–22–10; 4:15 pm] PO 00000 SECURITIES AND EXCHANGE COMMISSION Sfmt 4703 E:\FR\FM\24JNN1.SGM 24JNN1

Agencies

[Federal Register Volume 75, Number 121 (Thursday, June 24, 2010)]
[Notices]
[Page 36128]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15425]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


Green Energy Resources, Inc.; Order of Suspension of Trading

June 22, 2010.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Green Energy Resources, Inc. (``Green Energy'') because of questions 
regarding the accuracy of statements by Green Energy in press releases 
concerning, among other things, the company's involvement in the Gulf 
of Mexico oil spill cleanup effort.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of Green Energy.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of the 
above-listed company is suspended for the period from 9:30 a.m. EDT 
June 22, 2010 through 11:59 p.m. EDT, on July 6, 2010.

    By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010-15425 Filed 6-22-10; 4:15 pm]
BILLING CODE 8010-01-P
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