Proposed Extension of Information Collection Request Submitted for Public Comment; Final Rule on Default Investments Under Participant Directed Individual Account Plans, 51843-51844 [2010-20799]
Download as PDF
<![CDATA[
Federal Register / Vol. 75, No. 162 / Monday, August 23, 2010 / Notices
INTERNATIONAL TRADE
COMMISSION
[Investigation No. 337–TA–716]
In the Matter of Certain Large Scale
Integrated Circuit Semiconductor
Chips and Products Containing the
Same; Notice of Commission Decision
Not To Review an Initial Determination
Granting Complainant’s Motion To
Amend the Complaint and Notice of
Investigation
U.S. International Trade
Commission.
ACTION: Notice.
AGENCY:
Notice is hereby given that
the U.S. International Trade
Commission has determined not to
review an initial determination (‘‘ID’’)
(Order No. 9) of the presiding
administrative law judge (‘‘ALJ’’)
granting complainant’s motion to amend
the complaint and notice of
investigation in the above-captioned
investigation.
SUMMARY:
erowe on DSK5CLS3C1PROD with NOTICES
FOR FURTHER INFORMATION CONTACT:
Clint Gerdine, Esq., Office of the
General Counsel, U.S. International
Trade Commission, 500 E Street, SW.,
Washington, DC 20436, telephone (202)
708–2310. Copies of non-confidential
documents filed in connection with this
investigation are or will be available for
inspection during official business
hours (8:45 a.m. to 5:15 p.m.) in the
Office of the Secretary, U.S.
International Trade Commission, 500 E
Street, SW., Washington, DC 20436,
telephone (202) 205–2000. General
information concerning the Commission
may also be obtained by accessing its
Internet server at https://www.usitc.gov.
The public record for this investigation
may be viewed on the Commission’s
electronic docket (EDIS) at https://
edis.usitc.gov. Hearing-impaired
persons are advised that information on
this matter can be obtained by
contacting the Commission’s TDD
terminal on (202) 205–1810.
SUPPLEMENTARY INFORMATION: The
Commission instituted this investigation
on May 5, 2010, based on a complaint
filed by Panasonic Corporation
(‘‘Panasonic’’) of Japan. 75 FR 24742–43.
The complaint alleges violations of
section 337 of the Tariff Act of 1930, as
amended, 19 U.S.C. 1337, in the
importation into the United States, the
sale for importation, and the sale within
the United States after importation of
certain large scale integrated circuit
semiconductor chips and products
containing same by reason of
infringement of certain claims of U.S.
Patent Nos. 5,933,364 and 6,834,336.
VerDate Mar<15>2010
15:31 Aug 20, 2010
Jkt 220001
The complaint further alleges the
existence of a domestic industry. The
Commission’s notice of investigation
named several respondents including
the following: Freescale Semiconductor
Xiqing Integrated Semiconductor
Manufacturing Site (‘‘Freescale Xiqing’’)
of China; Freescale Semiconductor
Innovation Center (‘‘Freescale
Innovation’’) of China; Freescale
Semiconductor Pte. Ltd. (‘‘Freescale
Pte.’’) of Singapore; and Premier Farnell
Corporation d/b/a Newark (‘‘Premier’’) of
Independence, Ohio.
On July 2, 2010, Panasonic filed an
unopposed motion to amend the
complaint and notice of investigation to:
(1) Substitute Freescale Qiangxin
(Tianjin) IC Design Co., Ltd. of China,
Freescale Semiconductor (China)
Limited of China, and Newark
Electronics Corporation and Newark
Corporation of Chicago, Illinois for
respondents Freescale Xiqing, Freescale
Innovation, and Premier, respectively;
(2) correct the name and address of
Freescale Pte. to Freescale
Semiconductor Singapore Pte. Ltd., 10
Ang Mo Kio Street 65, 03–01/03,
Singapore 569059; and (3) remove ‘‘Ltd.’’
following ‘‘Panasonic Corporation’’ on
the cover page of the complaint.
On July 27, 2010, the ALJ issued the
subject ID granting Panasonic’s
unopposed motion to amend the
complaint and notice of investigation.
No party petitioned for review of the ID
pursuant to 19 CFR 210.43(a). The
Commission has determined not to
review this ID.
The authority for the Commission’s
determination is contained in section
337 of the Tariff Act of 1930, as
amended, 19 U.S.C. 1337, and in
sections 210.14 and 210.42(h) of the
Commission’s Rules of Practice and
Procedure, 19 CFR 210.14, 210.42(h).
By order of the Commission.
Issued: August 16, 2010.
Marilyn R. Abbott,
Secretary to the Commission.
[FR Doc. 2010–20795 Filed 8–20–10; 8:45 am]
BILLING CODE 7020–02–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Final Rule on Default
Investments Under Participant
Directed Individual Account Plans
Employee Benefits Security
Administration, Department of Labor.
AGENCY:
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
ACTION:
51843
Notice.
The Department of Labor (the
Department), in accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), provides
the general public and Federal agencies
with an opportunity to comment on
proposed and continuing collections of
information. This helps the Department
assess the impact of its information
collection requirements and minimize
the public’s reporting burden. It also
helps the public understand the
Department’s information collection
requirements and provide the requested
data in the desired format. The
Employee Benefits Security
Administration is soliciting comments
on the proposed extension of the
information collection provisions of its
regulation relating to default investment
alternatives (29 CFR 2550.404c–5). A
copy of the information collection
request (ICR) may be obtained by
contacting the office listed in the
ADDRESSES section of this notice. ICRs
also are available at reginfo.gov (https://
www.reginfo.gov/public/do/PRAMain).
DATES: Written comments must be
submitted to the office shown in the
ADDRESSES section on or before October
22, 2010.
ADDRESSES: G. Christopher Cosby,
Department of Labor, Employee Benefits
Security Administration, 200
Constitution Avenue NW., Washington,
DC 20210, (202) 693–8410, FAX (202)
693–4745 (these are not toll-free
numbers).
SUMMARY:
SUPPLEMENTARY INFORMATION:
I. Background
Section 404(c) of the Employee
Retirement Income Security Act of 1974
(ERISA) states that participants or
beneficiaries who can hold individual
accounts under their pension plans, and
who can exercise control over the assets
in their accounts ‘‘as determined in
regulations of the Secretary [of Labor]’’
will not be treated as fiduciaries of the
plan. Moreover, no other plan fiduciary
will be liable for any loss, or by reason
of any breach, resulting from the
participants’ or beneficiaries’ exercise of
control over their individual account
assets.
The Pension Protection Act (PPA),
Public Law No. 109–280, amended
ERISA section 404(c) by adding
subparagraph (c)(5)(A). The new
subparagraph says that a participant in
an individual account plan who fails to
make investment elections regarding his
or her account assets will nevertheless
be treated as having exercised control
over those assets so long as the plan
E:\FR\FM\23AUN1.SGM
23AUN1
51844
Federal Register / Vol. 75, No. 162 / Monday, August 23, 2010 / Notices
provides appropriate notice (as
specified) and invests the assets ‘‘in
accordance with regulations prescribed
by the Secretary [of Labor].’’ Section
404(c)(5)(A) further requires the
Department of Labor (Department) to
issue corresponding final regulations
within six months after enactment of the
PPA. The PPA was signed into law on
August 17, 2006.
The Department of Labor issued a
final regulation under ERISA section
404(c)(5)(A) offering guidance on the
types of investment vehicles that plans
may choose as their ‘‘qualified default
investment alternative’’ (QDIA). The
regulation also outlines two information
collections. First, it implements the
statutory requirement that plans provide
annual notices to participants and
beneficiaries whose account assets
could be invested in a QDIA. Second,
the regulation requires plans to pass
certain pertinent materials they receive
relating to a QDIA to those participants
and beneficiaries with assets invested in
the QDIA as well to provide certain
information on request. The ICRs are
approved under OMB Control Number
1210–0132, which is scheduled to
expire on October 31, 2010.
erowe on DSK5CLS3C1PROD with NOTICES
II. Current Actions.
This notice requests public comment
pertaining to the Department’s request
for extension of OMB approval of the
information collection contained in its
final rule at 29 CFR 2550.404c–5. After
considering comments received in
response to this notice, the Department
intends to submit an ICR to OMB for
continuing approval. No change to the
existing ICRs is proposed or made at
this time. An agency may not conduct
or sponsor, and a person is not required
to respond to, an information collection
unless it displays a valid OMB control
number. A summary of the ICR and the
current burden estimates follows:
Agency: Employee Benefits Security
Administration, Department of Labor.
Title: Default Investment Alternatives
under Individual Account Plans.
Type of Review: Extension of a
currently approved collection of
information.
OMB Number: 1210–0132.
Affected Public: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Respondents: 1,700.
Responses: 66,991,403.
Estimated Total Burden Hours:
795,219.
Estimated Total Burden Cost
(Operating and Maintenance):
$24,711,418.
VerDate Mar<15>2010
15:31 Aug 20, 2010
Jkt 220001
III. Focus of Comments
The Department of Labor
(Department) is particularly interested
in comments that:
• Evaluate whether the proposed
collection of information is necessary
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
methodology 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,
e.g., by permitting electronic
submissions of responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Dated: August 17, 2010.
Michael L. Davis,
Deputy Assistant Secretary, Employee
Benefits Security Administration.
[FR Doc. 2010–20799 Filed 8–20–10; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Regulation Relating
to Loans to Plan Participants and
Beneficiaries Who Are Parties in
Interest With Respect to the Plan
Employee Benefits Security
Administration, Department of Labor.
ACTION: Notice.
AGENCY:
The Department of Labor (the
Department), in accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), provides
the general public and Federal agencies
with an opportunity to comment on
proposed and continuing collections of
information. This helps the Department
assess the impact of its information
collection requirements and minimize
the public’s reporting burden. It also
helps the public understand the
SUMMARY:
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
Department’s information collection
requirements and provide the requested
data in the desired format. The
Employee Benefits Security
Administration is soliciting comments
on the proposed extension of the
information collection provisions of its
regulation relating to loans to plan
participants and beneficiaries who are
parties in interest with respect to the
plan (29 CFR 2550.408b–1). A copy of
the information collection request (ICR)
may be obtained by contacting the office
listed in the ADDRESSES section of this
notice. ICRs also are available at
reginfo.gov (https://www.reginfo.gov/
public/do/PRAMain).
DATES: Written comments must be
submitted to the office shown in the
Addresses section on or before October
22, 2010.
ADDRESSES: G. Christopher Cosby,
Department of Labor, Employee Benefits
Security Administration, 200
Constitution Avenue, NW., Washington,
DC 20210, (202) 693–8410, FAX (202)
693–4745 (these are not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
I. Background
The Employee Retirement Income
Security Act of 1974 (ERISA) prohibits
a plan fiduciary from causing the plan
to engage in a transaction if he knows
or should know that such transaction
constitutes direct or indirect loan or
extension of credit between the plan
and a party in interest. ERISA section
408(b)(1) exempts from this prohibition
loans from a plan to parties in interest
who are participants and beneficiaries
of the plan, provided that certain
requirements are satisfied. In final
regulations published in the Federal
Register on July 20, 1989 (54 FR 30520),
the Department provided additional
guidance on section 408(b)(1)(C), which
requires that loans be made in
accordance with specific provisions in
the plan. This ICR therefore relates to
the provisions plan documents must
include in order for a plan may make
loans to participants. The ICR is
scheduled to expire on October 31,
2010.
II. Current Actions
This notice requests public comment
on the Department’s request for
extension of OMB approval of the
information collection contained in its
final rule at 29 CFR 2550.408b–1. After
considering all the responses to this
notice, the Department intends to
submit an ICR to OMB for continuing
approval. The Department is not
proposing any changes to the existing
E:\FR\FM\23AUN1.SGM
23AUN1
]]>Agencies
[Federal Register Volume 75, Number 162 (Monday, August 23, 2010)]
[Notices]
[Pages 51843-51844]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-20799]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Employee Benefits Security Administration
Proposed Extension of Information Collection Request Submitted
for Public Comment; Final Rule on Default Investments Under Participant
Directed Individual Account Plans
AGENCY: Employee Benefits Security Administration, Department of Labor.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (the Department), in accordance with
the Paperwork Reduction Act of 1995 (PRA 95) (44 U.S.C. 3506(c)(2)(A)),
provides the general public and Federal agencies with an opportunity to
comment on proposed and continuing collections of information. This
helps the Department assess the impact of its information collection
requirements and minimize the public's reporting burden. It also helps
the public understand the Department's information collection
requirements and provide the requested data in the desired format. The
Employee Benefits Security Administration is soliciting comments on the
proposed extension of the information collection provisions of its
regulation relating to default investment alternatives (29 CFR
2550.404c-5). A copy of the information collection request (ICR) may be
obtained by contacting the office listed in the ADDRESSES section of
this notice. ICRs also are available at reginfo.gov (https://www.reginfo.gov/public/do/PRAMain).
DATES: Written comments must be submitted to the office shown in the
Addresses section on or before October 22, 2010.
ADDRESSES: G. Christopher Cosby, Department of Labor, Employee Benefits
Security Administration, 200 Constitution Avenue NW., Washington, DC
20210, (202) 693-8410, FAX (202) 693-4745 (these are not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
I. Background
Section 404(c) of the Employee Retirement Income Security Act of
1974 (ERISA) states that participants or beneficiaries who can hold
individual accounts under their pension plans, and who can exercise
control over the assets in their accounts ``as determined in
regulations of the Secretary [of Labor]'' will not be treated as
fiduciaries of the plan. Moreover, no other plan fiduciary will be
liable for any loss, or by reason of any breach, resulting from the
participants' or beneficiaries' exercise of control over their
individual account assets.
The Pension Protection Act (PPA), Public Law No. 109-280, amended
ERISA section 404(c) by adding subparagraph (c)(5)(A). The new
subparagraph says that a participant in an individual account plan who
fails to make investment elections regarding his or her account assets
will nevertheless be treated as having exercised control over those
assets so long as the plan
[[Page 51844]]
provides appropriate notice (as specified) and invests the assets ``in
accordance with regulations prescribed by the Secretary [of Labor].''
Section 404(c)(5)(A) further requires the Department of Labor
(Department) to issue corresponding final regulations within six months
after enactment of the PPA. The PPA was signed into law on August 17,
2006.
The Department of Labor issued a final regulation under ERISA
section 404(c)(5)(A) offering guidance on the types of investment
vehicles that plans may choose as their ``qualified default investment
alternative'' (QDIA). The regulation also outlines two information
collections. First, it implements the statutory requirement that plans
provide annual notices to participants and beneficiaries whose account
assets could be invested in a QDIA. Second, the regulation requires
plans to pass certain pertinent materials they receive relating to a
QDIA to those participants and beneficiaries with assets invested in
the QDIA as well to provide certain information on request. The ICRs
are approved under OMB Control Number 1210-0132, which is scheduled to
expire on October 31, 2010.
II. Current Actions.
This notice requests public comment pertaining to the Department's
request for extension of OMB approval of the information collection
contained in its final rule at 29 CFR 2550.404c-5. After considering
comments received in response to this notice, the Department intends to
submit an ICR to OMB for continuing approval. No change to the existing
ICRs is proposed or made at this time. An agency may not conduct or
sponsor, and a person is not required to respond to, an information
collection unless it displays a valid OMB control number. A summary of
the ICR and the current burden estimates follows:
Agency: Employee Benefits Security Administration, Department of
Labor.
Title: Default Investment Alternatives under Individual Account
Plans.
Type of Review: Extension of a currently approved collection of
information.
OMB Number: 1210-0132.
Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
Respondents: 1,700.
Responses: 66,991,403.
Estimated Total Burden Hours: 795,219.
Estimated Total Burden Cost (Operating and Maintenance):
$24,711,418.
III. Focus of Comments
The Department of Labor (Department) is particularly interested in
comments that:
Evaluate whether the proposed collection of information is
necessary 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 methodology 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, e.g., by
permitting electronic submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Dated: August 17, 2010.
Michael L. Davis,
Deputy Assistant Secretary, Employee Benefits Security Administration.
[FR Doc. 2010-20799 Filed 8-20-10; 8:45 am]
BILLING CODE 4510-29-P
