Intent To Grant an Exclusive License for a U.S. Government-Owned Invention, 69060-69061 [2010-28343]
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emcdonald on DSK2BSOYB1PROD with NOTICES
69060
Federal Register / Vol. 75, No. 217 / Wednesday, November 10, 2010 / Notices
Commodity-Based ETFs and a Concept
Release (‘‘Precious Metal ETF
Release’’).15 In the Precious Metal ETF
Release, the Commission requested
comment, in part, regarding whether it
should issue a categorical Section 4(c)
exemption to permit options and futures
on shares of all or some precious metal
commodity-based ETFs to be traded and
cleared as options on securities and
security futures, respectively. The
comment period for the Precious Metal
ETF Release expires on November 1,
2010.
The Commission proposes to use its
authority under Section 4(c) of the CEA
to exempt options on indexes that
measure the volatility of shares of gold
ETFs at this time while it continues to
seek comments and consider the
appropriateness of a categorical
exemption with respect to options and
futures on shares of precious metal
commodity-based ETFs. The
Commission believes that options on an
index that measures commodity price
volatility based on shares of such an
ETF do not raise the same regulatory
concerns that may be associated with
options and futures on shares of an ETF
that is based on the underlying
commodity. In this regard, trading in
options and futures on shares of a gold
ETF could have a potential impact on
the deliverable supply by removing
physical gold from physical marketing
channels, while an index based on
volatility measures does not raise these
concerns in that such an index does not
involve ownership of the commodity,
either directly or indirectly, by traders
in options on such an index.
Section 4(c)(3) of the CEA includes
within the term ‘‘appropriate persons’’ a
number of specified categories of
persons, and also in subparagraph (K)
thereof ‘‘such other persons that the
Commission determines to be
appropriate in light of * * * the
applicability of appropriate regulatory
protections.’’ National securities
exchanges and securities clearing
agencies, as well as their members who
will intermediate Options on the GVZ
Index and other options on indexes that
measure the volatility of shares of gold
ETFs as described herein, are subject to
extensive and detailed regulation by the
SEC under the ‘34 Act.
III. Request for Comment
The Commission requests comment
on all aspects of the issues presented by
this proposed order.
IV. Related Matters
A. Paperwork Reduction Act
The Paperwork Reduction Act of 1995
(‘‘PRA’’) 16 imposes certain requirements
on Federal agencies (including the
Commission) in connection with their
conducting or sponsoring any collection
of information as defined by the PRA.
The proposed exemptive order would
not, if approved, require a new
collection of information from any
entities that would be subject to the
proposed order.
B. Cost-Benefit Analysis
Section 15(a) of the CEA 17 requires
the Commission to consider the costs
and benefits of its action before issuing
an order under the CEA. By its terms,
Section 15(a) does not require the
Commission to quantify the costs and
benefits of an order or to determine
whether the benefits of the order
outweigh its costs. Rather, Section 15(a)
simply requires the Commission to
‘‘consider the costs and benefits’’ of its
action.
Section 15(a) of the CEA further
specifies that costs and benefits shall be
evaluated in light of five broad areas of
market and public concern: (1)
Protection of market participants and
the public; (2) efficiency,
competitiveness, and financial integrity
of futures markets; (3) price discovery;
(4) sound risk management practices;
and (5) other public interest
considerations. The Commission may in
its discretion give greater weight to any
one of the five enumerated areas and
could in its discretion determine that,
notwithstanding its costs, a particular
order is necessary or appropriate to
protect the public interest or to
effectuate any of the provisions or to
accomplish any of the purposes of the
CEA.
The Commission has determined that
the costs of this proposed order are not
significant. Although the order would
exempt the subject options from
regulation under the CEA, market
participants and the public will
nonetheless be protected because the
options, the markets on which they
trade, and the intermediaries through
which they will be traded will be
subject to comprehensive regulation by
the SEC. The Commission has
determined that the benefits of the
proposed order are substantial. The
proposed order would promote
efficiency in the markets, as it would
provide certainty that the subject
16 44
15 See
75 FR 60411 (September 30, 2010).
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U.S.C. 3507(d).
U.S.C. 19(a).
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options will not be subject to
duplicative regulation.
After considering these factors, the
Commission has determined to seek
comment on the proposed order as
discussed above. The Commission
invites public comment on its
application of the cost-benefit
considerations. Commenters are also are
invited to submit any data or other
information that they may have
quantifying or qualifying the costs and
benefits of the proposal with their
comment letters.
Issued in Washington, DC, on November 4,
2010 by the Commission.
David A. Stawick,
Secretary of the Commission.
[FR Doc. 2010–28377 Filed 11–9–10; 8:45 am]
BILLING CODE 6351–01–P
DEPARTMENT OF DEFENSE
Department of the Army
Intent To Grant an Exclusive License
for a U.S. Government-Owned
Invention
Department of the Army, DoD.
Notice.
AGENCY:
ACTION:
In accordance with 35 U.S.C.
209(e), and 37 CFR 404.7 (a)(1)(i) and 37
CFR 404.7 (b)(1)(i), announcement is
made of the intent to grant an exclusive,
revocable license for the invention
claimed in U.S. Patent Application No.
12/670,250, entitled ‘‘Obstetrics
Simulation and Training Method and
System,’’ filed on January 22, 2010, and
related foreign patent applications
deriving from PCT/US2008/076725 to
Gaumard Scientific Company, Inc., with
its principal place of business at 14700
SW 136 Street, Miami, FL 33196–5691.
ADDRESSES: Commander, U.S. Army
Medical Research and Materiel
Command, ATTN: Command Judge
Advocate, MCMR–JA, 504 Scott Street,
Fort Detrick, Frederick, MD 21702–
5012.
SUMMARY:
For
licensing issues, Dr. Paul Mele, Office of
Research and Technology Applications
(ORTA), (301) 619–6664. For patent
issues, Ms. Elizabeth Arwine, Patent
Attorney, (301) 619–7808, both at
telefax (301) 619–5034.
SUPPLEMENTARY INFORMATION: Anyone
wishing to object to the grant of this
license can file written objections along
with supporting evidence, if any, within
15 days from the date of this
publication. Written objections are to be
FOR FURTHER INFORMATION CONTACT:
E:\FR\FM\10NON1.SGM
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Federal Register / Vol. 75, No. 217 / Wednesday, November 10, 2010 / Notices
filed with the Command Judge Advocate
(see ADDRESSES).
Brenda S. Bowen,
Army Federal Register Liaison Officer.
[FR Doc. 2010–28343 Filed 11–9–10; 8:45 am]
BILLING CODE 3710–08–P
DEPARTMENT OF ENERGY
Senior Executive Service; Performance
Review Board
U.S. Department of Energy.
SES Performance Review Board
Standing Register.
AGENCY:
ACTION:
This notice provides the
Performance Review Board Standing
Register for the Department of Energy.
This listing supersedes all previously
published lists of PRB members.
DATES: These appointments are effective
as of September 30, 2010.
Adams, Vincent Nmn
Allison, Jeffrey M
Amaral, David M
Anderson, Cynthia V
Anderson, Margot H
Aoki, Steven Nmn
Ascanio, Xavier Nmn
Baker, Kenneth E
Barker Jr, William L
Barwell, Owen F
Battershell, Carol J
Beamon, Joseph A
Beard, Jeanne M
Beard, Susan F
Beaudry-Losique, Jacques A
Beausoleil, Geoffrey L
Bekkedahl, Larry N
Bell, Melody C
Berkowitz, Barry E
Bieniawski, Andrew J
Bishop, Clarence T
Bishop, Tracey L
Black, Richard L
Black, Steven K
Boardman, Karen L
Bonilla, Sarah J
Borgstrom, Carol M
Borgstrom, Howard G
Bosco, Paul Nmn
Boulden Iii, John S
Boyd, David O
Boyd, Gerald G
Boyko, Thomas R
Boyle, William J
Brese, Robert F
Brewer, Stephanie J
Brockman, David A
Bromberg, Kenneth M
Brott, Matthew J
Brown Iii, Robert J
Brown, Fred L
Brown, Stephanie H
Brown, Thomas E
Bryan, Paul F
emcdonald on DSK2BSOYB1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
18:25 Nov 09, 2010
Jkt 223001
Bryan, William N
Burch, Linda C
Burrows, Charles W
Buttress, Larry D
Buzzard, Christine M
Cadieux, Gena E
Callahan, Samuel N
Campbell Ii, Hugh T
Cannon, Scott C
Carabetta, Ralph A
Carosino, Robert M
Cavanagh, James J
Cerveny, Thelma J
Chalk, Steven G
Charboneau, Stacy L
Check, Peter L
Choi, Joanne Y
Chung, Dae Y
Clapper, Daniel R
Clark, Diana D
Clinton, Rita M
Cohen, Daniel Nmn
Collazo, Yvette T
Como, Anthony J
Connor, Michael A
Conti, John J
Cook, John S
Corbin, Robert F
Corey, Ray J
Costlow, Brian D
Craig Jr, Jackie R
Crandall, David H
Crawford, Glen D
Crouther, Desi A
Cugini, Anthony V
Cutler, Thomas Russell
Davenport, Shari T
Davis, Kimberly A
Davis, Patrick B
De Vos, Erica Nmn
Dearolph, Douglas J
Decker, Anita J
Dedik, Patricia Nmn
Deeney, Christopher Nmn
Dehaven, Darrel S
Dehmer, Patricia M
Dehoratiis Jr, Guido Nmn
Delhotal, Katherine Casey
Der, Victor K
Diamond, Bruce M
Dicapua, Marco S
Difiglio, Carmen Nmn
Dixon, Robert K
Dowell, Jonathan A
Duke Jr, Richard D
Eckroade, William A
Edwards Jr, Robert H
Ehli, Cathy L
Ekimoff, Lana Nmn
Elkind, Jonathan H
Ely, Lowell V
Erhart, Steven C
Eschenberg, John R
Ferraro, Patrick M
Flohr, Connie M
Foley, Thomas C
Franco Jr., Jose R
Franklin, Rita R
Frantz, David G
PO 00000
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Fremont, Douglas E
Fresco, Mary Ann E
Furstenau, Raymond V
Fygi, Eric J
Garcia, Donald J
Gasperow, Lesley A
Geernaert, Gerald L
Geiser, David W
Gelles, Christine M
Gendron, Mark O
Gerrard, John E
Gibbs, Robert C
Gibson Jr, William C
Gilbertson, Mark A
Gillo, Jehanne E
Gist, Walter J
Golan, Paul M
Goldsmith, Robert Nmn
Golub, Sal Joseph
Goodrum, William S
Goodwin, Karl E
Gordon, Theanne E
Greenaugh, Kevin C
Greenwood, Johnnie D
Gruenspecht, Howard K
Guevara, Arnold E
Guevara, Karen C
Hale, Andrew M
Hallman, Timothy J
Handschy, Mark A
Handwerker, Alan I
Hannigan, James J
Hardwick Jr, Raymond J
Harms, Timothy C
Harrell, Jeffrey P
Harrington, Paul G
Harris, Robert J
Harvey, Stephen J
Held, Edward B
Henderson Iii, Clyde H
Henneberger, Karen O
Henneberger, Mark W
Henry, Eugene A
Herrera, C Robert D
Hine, Scott E
Hintze, Douglas E
Hoffman, Dennis J
Hogan, Kathleen B
Holecek, Mark L
Holland, Michael D
Holland, Michael J
Holland, Wendolyn S
Hollrith, James W
Horton, Linda L
Howard, Michael F
Huffer, Warren L
Huizenga, David G
Hunteman, William J
Jenkins, Amelia F
Johns, Christopher S
Johnson, David F
Johnson, Kristina M
Johnson, Robert Shane
Johnson, Sandra L
Jonas, David S
Jones, Gregory A
Jones, Marcus E
Jones, Wayne Nmn
Juarez, Liova D
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69061
Agencies
[Federal Register Volume 75, Number 217 (Wednesday, November 10, 2010)]
[Notices]
[Pages 69060-69061]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-28343]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF DEFENSE
Department of the Army
Intent To Grant an Exclusive License for a U.S. Government-Owned
Invention
AGENCY: Department of the Army, DoD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with 35 U.S.C. 209(e), and 37 CFR 404.7
(a)(1)(i) and 37 CFR 404.7 (b)(1)(i), announcement is made of the
intent to grant an exclusive, revocable license for the invention
claimed in U.S. Patent Application No. 12/670,250, entitled
``Obstetrics Simulation and Training Method and System,'' filed on
January 22, 2010, and related foreign patent applications deriving from
PCT/US2008/076725 to Gaumard Scientific Company, Inc., with its
principal place of business at 14700 SW 136 Street, Miami, FL 33196-
5691.
ADDRESSES: Commander, U.S. Army Medical Research and Materiel Command,
ATTN: Command Judge Advocate, MCMR-JA, 504 Scott Street, Fort Detrick,
Frederick, MD 21702-5012.
FOR FURTHER INFORMATION CONTACT: For licensing issues, Dr. Paul Mele,
Office of Research and Technology Applications (ORTA), (301) 619-6664.
For patent issues, Ms. Elizabeth Arwine, Patent Attorney, (301) 619-
7808, both at telefax (301) 619-5034.
SUPPLEMENTARY INFORMATION: Anyone wishing to object to the grant of
this license can file written objections along with supporting
evidence, if any, within 15 days from the date of this publication.
Written objections are to be
[[Page 69061]]
filed with the Command Judge Advocate (see ADDRESSES).
Brenda S. Bowen,
Army Federal Register Liaison Officer.
[FR Doc. 2010-28343 Filed 11-9-10; 8:45 am]
BILLING CODE 3710-08-P