Agenda and Notice of Partially Closed Meeting of the Recovery Independent Advisory Panel, 68841-68842 [2010-28243]
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68841
Federal Register / Vol. 75, No. 216 / Tuesday, November 9, 2010 / Notices
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[FR Doc. 2010–28258 Filed 11–8–10; 8:45 am]
BILLING CODE 7590–01–P
RECOVERY ACCOUNTABILITY AND
TRANSPARENCY BOARD
Agenda and Notice of Partially Closed
Meeting of the Recovery Independent
Advisory Panel
Recovery Accountability and
Transparency Board.
ACTION: Notice of partially closed
meeting.
AGENCY:
In accordance with the
American Recovery and Reinvestment
Act of 2009, Public Law 111–5
(Recovery Act), and the Federal
Advisory Committee Act of 1972
(FACA), the Recovery Accountability
and Transparency Board’s (Board)
Recovery Independent Advisory Panel
(RIAP) will meet as indicated below.
Notice of this meeting is required under
Section 10(a)(2) of FACA. This notice is
intended to notify the general public of
their opportunity to attend the open
portion of the meeting.
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
SUMMARY:
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17:47 Nov 08, 2010
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The open portion of the RIAP
meeting will be held on Monday,
November 22, 2010, from 10 a.m. to
3 p.m.
ADDRESSES: The Ritz-Carlton, 2401 East
Camelback Road, Phoenix, AZ 85016.
FOR FURTHER INFORMATION CONTACT: Glen
Walker, Executive Director, Recovery
Independent Advisory Panel, 1717
Pennsylvania Avenue, NW., Suite 700,
Washington, DC 20006; Telephone 202–
254–7900.
SUPPLEMENTARY INFORMATION: Pursuant
to Section 1543 of the Recovery Act, the
RIAP is charged with making
recommendations to the Board on
actions the Board could take to prevent
fraud, waste, and abuse of Recovery Act
funds. The purpose of the November 22,
2010 meeting is to allow the RIAP to
have an open dialogue, with input from
the public, on issues relating to fraud,
waste, and abuse of Recovery Act funds.
More specifically, the RIAP is interested
in obtaining input regarding the
following matters:
• Actions the Board can take to
prevent fraud, waste, and abuse;
• Transparency of entitlements and
tax benefits funded by the Recovery Act;
• The public’s experience with
obtaining information from
Recovery.gov and how that experience
can be improved; and
• Random sampling as a tool for
detecting fraud, waste, and abuse.
DATES:
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
In keeping with FACA procedures,
members of the public are invited to
provide comments to the RIAP. The
preference of the RIAP is to have
members of the public provide written
comments addressing any of the matters
listed above no later than November 12,
2010. There will be limited space for
this meeting; therefore, members of the
public who have submitted written
statements addressing matters outlined
above will be given priority in attending
this meeting and speaking to the RIAP.
The next highest priority for attending
the meeting and speaking to the RIAP
will be those individuals who have
signed up in advance by submitting
their names via e-mail to the RIAP in
advance of the meeting. Members of the
public who have submitted written
comments and/or who have signed up
in advance will be given priority to
attend the meeting and be heard first in
the order in which their written
statements and/or sign-up e-mails were
received. Other members of the public
will be heard in the order in which they
sign up at the beginning of the meeting,
space permitting. A time limit will be
placed on those members of the public
wishing to speak at the meeting, with
time allocated in accordance with the
number of people who have signed up
indicating a desire to speak to the RIAP.
The RIAP will make every effort to hear
the views of all interested persons. The
E:\FR\FM\09NON1.SGM
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68842
Federal Register / Vol. 75, No. 216 / Tuesday, November 9, 2010 / Notices
Chairperson of the RIAP is empowered
to conduct the meeting in a fashion that
will, to the Chairperson’s judgment,
facilitate the orderly conduct of
business. You may submit written
comments by mail to 1717 Pennsylvania
Avenue, NW., Suite 700, Washington,
DC 20006. ‘‘RIAP comments’’ should be
written on the envelope. Persons
wishing to e-mail their written
comments and/or sign up in advance to
speak to the RIAP at the meeting should
send their written comments and/or
names to panel@ratb.gov and write
‘‘November 22, 2010 RIAP public
comment’’ in the Subject line.
There will be a closed meeting, under
the authority of Section 10(d) of FACA
and under exemption (7) of Section
552b(c) of the Government in the
Sunshine Act (Pub. L. 92–463), that will
be held prior to the open meeting from
9 a.m. to 9:30 a.m. During the closed
portion of the meeting there will be a
discussion that would disclose
investigative techniques and
procedures. A summary of the activities
at the closed session and related matters
which are informative to the public
consistent with the policy of 5 U.S.C.
552b(c) will be available to the public
within fourteen days of the meeting.
Records will be kept of all RIAP
proceedings and will be available for
public inspection on https://
www.recovery.gov.
Ivan J. Flores,
Paralegal Specialist, Recovery Accountability
and Transparency Board.
[FR Doc. 2010–28243 Filed 11–8–10; 8:45 am]
BILLING CODE 6821–15–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63235; File No. SR–CBOE–
2010–099]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Related to Short Sell
Order Handling
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
November 3, 2010.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
26, 2010, the Chicago Board Options
Exchange, Incorporated (‘‘Exchange’’ or
‘‘CBOE’’) filed with the Securities and
Exchange Commission (the
‘‘Commission’’) the proposed rule
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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15:18 Nov 08, 2010
Jkt 223001
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Exchange has
designated the proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A)(iii) of
the Act 3 and Rule 19b–4(f)(6)
thereunder.4 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 Substance of
the Proposed Rule Change
The Exchange is proposing to amend
CBOE Stock Exchange, LLC’s (‘‘CBSX,’’
the CBOE’s stock trading facility) rules
to describe the manner in which the
CBSX System 5 will handle short sell
orders in relation to Rule 201 of
Regulation SHO,6 and CBOE’s rules to
include order marking requirements for
stock-option orders. The text of the
proposed rule change is available on the
Exchange’s Web site (https://
www.cboe.org/Legal ), at the Exchange’s
Office of the Secretary and at the
Commission.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of those
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant parts of such
statements.
3 15
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6).
5 The ‘‘CBSX System’’ means the electronic system
which performs the functions set out in the CBSX
rules including controlling, monitoring, and
recording trading by CBSX Traders through CBSX
Workstations and trading between CBSX Traders.
See Rule 50.1(a). A ‘‘CBSX Trader’’ means an
individual who or organization which has the right
to trade on CBSX. See Rules 50.1(f) and 50.3. A
‘‘CBSX Workstation’’ means a computer connected
to CBSX for the purposes of trading pursuant to the
CBSX rules. See Rule 50.1(d).
6 17 CFR 242.201. See Securities Exchange Act
Release No. 61595 (February 26, 2010), 75 FR 11232
(March 10, 2010). In connection with the adoption
of Rule 201, Rule 200(g) of Regulation SHO, 17 CFR
242.200(g), was amended to include a ‘‘short
exempt’’ marking requirement. The amendments to
Rule 201 and Rule 200(g) have a compliance date
of November 10, 2010.
4 17
PO 00000
Frm 00095
Fmt 4703
Sfmt 4703
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Rule 201 of Regulation SHO under the
Act 7 sets forth a short sale-related
circuit breaker that, if triggered, will
impose a restriction on the prices at
which NMS stocks 8 may be sold short.
In anticipation of the upcoming
November 10, 2010 compliance date for
Rule 201,9 the Exchange is proposing to
amend CBSX’s rules to describe the
manner in which the CBSX System will
handle short sell orders when a circuit
breaker is triggered under Rule 201 of
Regulation SHO.
In particular, the Exchange is
proposing to adopt Interpretation and
Policy .02 to its Rule 51.8, Types of
Orders Handled, to provide that orders
in equity securities that are submitted to
the CBSX System must be marked
‘‘long,’’ ‘‘short,’’ or ‘‘short exempt’’ in
compliance with Regulation SHO.10 The
Interpretation and Policy will also
provide that, if a short sale-related
circuit breaker is triggered under
Regulation SHO, orders marked ‘‘short’’
will be handled by the CBSX System as
follows: First, short sell orders that are
resting in the CBSX Book 11 at the time
a circuit breaker is triggered will be
permitted to continue resting and/or
execute. The Exchange believes this
handling of resting short sell orders is
consistent with Rule 201 because resting
orders by definition are priced above the
National Best Bid.12 Second, short sell
orders that are received by the CBSX
System after the time a circuit breaker
is triggered that are priced above the
National Best Bid will be permitted to
rest and/or execute. The Exchange
believes this handling of incoming short
sell orders is consistent with Rule 201
because the orders are priced above the
National Best Bid.13 Third, short sell
orders that are received by the CBSX
System after the time a circuit breaker
is triggered that are priced at or below
7 Id.
8 17
CFR 242.201(a)(1).
supra note 6.
10 17 CFR 242.200(g).
11 The ‘‘CBSX Book’’ means all unexecuted orders
currently held by the CBSX System. See Rule
50.1(c). The Exchange notes that additional size
cannot be added to an order resting in the CBSX
Book. The Exchange also notes that it currently
does not make available any resting order types that
are to be completely un-displayed in the CBSX
Book. To the extent the Exchange may determine
to make available such an un-displayed resting
order type, it would be subject to a rule filing
submitted pursuant to Section 19(b) of the Act, 15
U.S.C. 78s(b).
12 17 CFR 242.201(b)(1).
13 Id.
9 See
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Agencies
[Federal Register Volume 75, Number 216 (Tuesday, November 9, 2010)]
[Notices]
[Pages 68841-68842]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-28243]
=======================================================================
-----------------------------------------------------------------------
RECOVERY ACCOUNTABILITY AND TRANSPARENCY BOARD
Agenda and Notice of Partially Closed Meeting of the Recovery
Independent Advisory Panel
AGENCY: Recovery Accountability and Transparency Board.
ACTION: Notice of partially closed meeting.
-----------------------------------------------------------------------
SUMMARY: In accordance with the American Recovery and Reinvestment Act
of 2009, Public Law 111-5 (Recovery Act), and the Federal Advisory
Committee Act of 1972 (FACA), the Recovery Accountability and
Transparency Board's (Board) Recovery Independent Advisory Panel (RIAP)
will meet as indicated below. Notice of this meeting is required under
Section 10(a)(2) of FACA. This notice is intended to notify the general
public of their opportunity to attend the open portion of the meeting.
DATES: The open portion of the RIAP meeting will be held on Monday,
November 22, 2010, from 10 a.m. to 3 p.m.
ADDRESSES: The Ritz-Carlton, 2401 East Camelback Road, Phoenix, AZ
85016.
FOR FURTHER INFORMATION CONTACT: Glen Walker, Executive Director,
Recovery Independent Advisory Panel, 1717 Pennsylvania Avenue, NW.,
Suite 700, Washington, DC 20006; Telephone 202-254-7900.
SUPPLEMENTARY INFORMATION: Pursuant to Section 1543 of the Recovery
Act, the RIAP is charged with making recommendations to the Board on
actions the Board could take to prevent fraud, waste, and abuse of
Recovery Act funds. The purpose of the November 22, 2010 meeting is to
allow the RIAP to have an open dialogue, with input from the public, on
issues relating to fraud, waste, and abuse of Recovery Act funds. More
specifically, the RIAP is interested in obtaining input regarding the
following matters:
Actions the Board can take to prevent fraud, waste, and
abuse;
Transparency of entitlements and tax benefits funded by
the Recovery Act;
The public's experience with obtaining information from
Recovery.gov and how that experience can be improved; and
Random sampling as a tool for detecting fraud, waste, and
abuse.
In keeping with FACA procedures, members of the public are invited
to provide comments to the RIAP. The preference of the RIAP is to have
members of the public provide written comments addressing any of the
matters listed above no later than November 12, 2010. There will be
limited space for this meeting; therefore, members of the public who
have submitted written statements addressing matters outlined above
will be given priority in attending this meeting and speaking to the
RIAP. The next highest priority for attending the meeting and speaking
to the RIAP will be those individuals who have signed up in advance by
submitting their names via e-mail to the RIAP in advance of the
meeting. Members of the public who have submitted written comments and/
or who have signed up in advance will be given priority to attend the
meeting and be heard first in the order in which their written
statements and/or sign-up e-mails were received. Other members of the
public will be heard in the order in which they sign up at the
beginning of the meeting, space permitting. A time limit will be placed
on those members of the public wishing to speak at the meeting, with
time allocated in accordance with the number of people who have signed
up indicating a desire to speak to the RIAP. The RIAP will make every
effort to hear the views of all interested persons. The
[[Page 68842]]
Chairperson of the RIAP is empowered to conduct the meeting in a
fashion that will, to the Chairperson's judgment, facilitate the
orderly conduct of business. You may submit written comments by mail to
1717 Pennsylvania Avenue, NW., Suite 700, Washington, DC 20006. ``RIAP
comments'' should be written on the envelope. Persons wishing to e-mail
their written comments and/or sign up in advance to speak to the RIAP
at the meeting should send their written comments and/or names to
panel@ratb.gov and write ``November 22, 2010 RIAP public comment'' in
the Subject line.
There will be a closed meeting, under the authority of Section
10(d) of FACA and under exemption (7) of Section 552b(c) of the
Government in the Sunshine Act (Pub. L. 92-463), that will be held
prior to the open meeting from 9 a.m. to 9:30 a.m. During the closed
portion of the meeting there will be a discussion that would disclose
investigative techniques and procedures. A summary of the activities at
the closed session and related matters which are informative to the
public consistent with the policy of 5 U.S.C. 552b(c) will be available
to the public within fourteen days of the meeting. Records will be kept
of all RIAP proceedings and will be available for public inspection on
https://www.recovery.gov.
Ivan J. Flores,
Paralegal Specialist, Recovery Accountability and Transparency Board.
[FR Doc. 2010-28243 Filed 11-8-10; 8:45 am]
BILLING CODE 6821-15-P