Sunshine Act Meeting, 36723 [2010-15706]
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Federal Register / Vol. 75, No. 123 / Monday, June 28, 2010 / Notices
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 an Open Meeting
on June 30, 2010 at 10 a.m., in the
Auditorium, room L–002.
The Commission will consider
whether to adopt a new rule and related
rule amendments under the Investment
Advisers Act of 1940 to address ‘‘pay to
play’’ practices by investment advisers.
The new rule is designed to prohibit
advisers from seeking to influence the
award of advisory contracts by public
entities by making or soliciting political
contributions to or for those officials
who are in a position to influence the
awards.
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: June 23, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–15706 Filed 6–24–10; 11:15 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–62348; File No. 600–23]
Self-Regulatory Organizations; Fixed
Income Clearing Corporation; Notice of
Filing and Order Approving an
Extension of Temporary Registration
as a Clearing Agency
jlentini on DSKJ8SOYB1PROD with NOTICES
June 22, 2010.
The Securities and Exchange
Commission (‘‘Commission’’) is
publishing this notice and order to
solicit comments from interested
persons and to extend the Fixed Income
Clearing Corporation’s (‘‘FICC’’)
temporary registration as a clearing
agency through June 30, 2011.1
On February 2, 1987, pursuant to
Sections 17A(b) and 19(a) of the
Securities Exchange Act of 1934
(‘‘Act’’) 2 and Rule 17Ab2–1 promulgated
thereunder,3 the Commission granted
1 FICC
is the successor to MBS Clearing
Corporation and Government Securities Clearing
Corporation.
2 15 U.S.C. 78q–1(b) and 78s(a).
3 17 CFR 240.17Ab2–1.
VerDate Mar<15>2010
21:02 Jun 25, 2010
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the MBS Clearing Corporation
(‘‘MBSCC’’) registration as a clearing
agency on a temporary basis for a period
of eighteen months.4 The Commission
subsequently extended MBSCC’s
registration through June 30, 2003.5
On May 24, 1988, pursuant to
Sections 17A(b) and 19(a) of the Act 6
and Rule 17Ab2–1 promulgated
thereunder,7 the Commission granted
the Government Securities Clearing
Corporation (‘‘GSCC’’) registration as a
clearing agency on a temporary basis for
a period of three years.8 The
Commission subsequently extended
GSCC’s registration through June 30,
2003.9
On January 1, 2003, MBSCC was
merged into GSCC, and GSCC was
renamed FICC.10 The Commission
subsequently extended FICC’s
temporary registration through June 30,
2010.11
On April 27, 2010, FICC requested
that the Commission grant FICC
permanent registration as a clearing
agency or in the alternative extend
FICC’s temporary registration until such
time as the Commission is prepared to
grant FICC permanent registration.12
4 Securities
Exchange Act Release No. 24046
(February 2, 1987), 52 FR 4218.
5 Securities Exchange Act Release Nos. 25957
(August 2, 1988), 53 FR 29537; 27079 (July 31,
1989), 54 FR 34212; 28492 (September 28, 1990), 55
FR 41148; 29751 (September 27, 1991), 56 FR
50602; 31750 (January 21, 1993), 58 FR 6424; 33348
(December 15, 1993), 58 FR 68183; 35132
(December 21, 1994), 59 FR 67743; 37372 (June 26,
1996), 61 FR 35281; 38784 (June 27, 1997), 62 FR
36587; 39776 (March 20, 1998), 63 FR 14740; 41211
(March 24, 1999), 64 FR 15854; 42568 (March 23,
2000), 65 FR 16980; 44089 (March 21, 2001), 66 FR
16961; 44831 (September 21, 2001), 66 FR 49728;
45607 (March 20, 2002), 67 FR 14755; 46136 (June
27, 2002), 67 FR 44655.
6 Supra note 2.
7 Supra note 3.
8 Securities Exchange Act Release No. 25740 (May
24, 1988), 53 FR 19839.
9 Securities Exchange Act Release Nos. 25740
(May 24, 1988), 53 FR 19639; 29236 (May 24, 1991),
56 FR 24852; 32385 (June 3, 1993), 58 FR 32405;
35787 (May 31, 1995), 60 FR 30324; 36508
(November 27, 1995), 60 FR 61719; 37983
(November 25, 1996), 61 FR 64183; 38698 (May 30,
1997), 62 FR 30911; 39696 (February 24, 1998), 63
FR 10253; 41104 (February 24, 1999), 64 FR 10510;
41805 (August 27, 1999), 64 FR 48682; 42335
(January 12, 2000), 65 FR 3509; 43089 (July 28,
2000), 65 FR 48032; 43900 (January 29, 2001), 66
FR 8988; 44553 (July 13, 2001), 66 FR 37714; 45164
(December 18, 2001), 66 FR 66957; 46135 (June 27,
2002), 67 FR 44655.
10 Securities Exchange Act Release No. 47015
(December 17, 2002), 67 FR 78531 (December 24,
2002) [File Nos. SR–GSCC–2002–07 and SR–
MBSCC–2002–01].
11 Securities Exchange Act Release Nos. 48116
(July 1, 2003), 68 FR 41031; 49940 (June 29, 2004),
69 FR 40695; 51911 (June 23, 2005), 70 FR 37878;
54056 (June 28, 2006), 71 FR 38193; 55920 (June 18,
2007), 72 FR 35270; 57949 (June 11, 2008), 73 FR
34808; and 60189 (June 29, 2009), 74 FR 32198.
12 Letter from Nikki Poulos, Managing Director
and General Counsel, FICC (April 27, 2010).
PO 00000
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Fmt 4703
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36723
On March 12, 2008, FICC filed a
proposed rule change pursuant to
Section 19(b)(1) of the Act and Rule
19b–4 thereunder to introduce central
counterparty (‘‘CCP’’) and guarantee
settlement services to its MBS
Division.13 Currently, FICC acts as the
CCP and provides guarantee settlement
services for its Government Securities
Division members’ eligible U.S.
Government securities transactions but
does not act as the CCP or provide
guarantee settlement services for its
MBS Division members’ eligible
mortgage-backed securities transactions.
Pursuant to this Notice and Order, the
Commission is extending FICC’s
temporary registration as a clearing
agency in order that FICC may continue
to operate as a registered clearing
agency and may continue to provide
uninterrupted clearing and settlement
services to its users. The Commission
will consider permanent registration of
FICC at a future date after the
Commission has acted upon FICC’s
proposed rule change to introduce CCP
and guarantee settlement services to its
MBS Division.
Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing.
Comments may be submitted by any of
the following methods:
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number 600–23 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 600–23. This file number
should be included on the subject line
if e-mail is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
13 The filed proposed rule change can be viewed
at https://www.dtcc.com/downloads/legal/
rule_filings/2008/ficc/2008-01.pdf. See also FICC
White Paper: ‘‘A Central Counterparty For MortgageBacked Securities: Paving The Way’’ at https://
www.dtcc.com/downloads/leadership/whitepapers/
ccp.pdf.
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28JNN1
Agencies
[Federal Register Volume 75, Number 123 (Monday, June 28, 2010)]
[Notices]
[Page 36723]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15706]
[[Page 36723]]
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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 an Open Meeting on June 30, 2010 at
10 a.m., in the Auditorium, room L-002.
The Commission will consider whether to adopt a new rule and
related rule amendments under the Investment Advisers Act of 1940 to
address ``pay to play'' practices by investment advisers. The new rule
is designed to prohibit advisers from seeking to influence the award of
advisory contracts by public entities by making or soliciting political
contributions to or for those officials who are in a position to
influence the awards.
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: June 23, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-15706 Filed 6-24-10; 11:15 am]
BILLING CODE 8010-01-P