Sunshine Act Notice, 73136-73137 [2010-30093]
Download as PDF
73136
Federal Register / Vol. 75, No. 228 / Monday, November 29, 2010 / Notices
31, 2010 deadline, as extended for this
specific licensee to December 15, 2010,
by the exemption granted on August 27,
2009, until July 15, 2011. Being granted
this exemption for these items will
allow the licensee to complete the
modifications designed to update
equipment and incorporate state-of-theart technology to meet the noted
regulatory requirement.
mstockstill on DSKH9S0YB1PROD with NOTICES
Environmental Impacts of the Proposed
Action
The NRC staff has completed its
environmental assessment of the
proposed exemption and has concluded
that the proposed action to extend the
implementation deadline would not
significantly affect plant safety and
would not have a significant adverse
effect on the probability of an accident
occurring. The proposed action would
not result in an increased radiological
hazard beyond those previously
analyzed. There will be no change to
radioactive effluents that effect radiation
exposures to plant workers and
members of the public. The proposed
action does not involve a change to
plant buildings or land areas on the FNP
site. Therefore, no changes or different
types of radiological impacts are
expected as a result of the proposed
exemption.
The proposed action does not result
in changes to land use or water use, or
result in changes to the quality or
quantity of non-radiological effluents.
No changes to the National Pollution
Discharge Elimination System permit
are needed. No effects on the aquatic or
terrestrial habitat in the vicinity of the
plant, or to threatened, endangered, or
protected species under the Endangered
Species Act, or impacts to essential fish
habitat covered by the MagnusonSteven’s Act are expected. There are no
impacts to the air or ambient air quality.
There are no impacts to historical and
cultural resources. There would be no
impact to socioeconomic resources.
Therefore, no changes to or different
types of non-radiological environmental
impacts are expected as a result of the
proposed exemption. Accordingly, the
NRC staff concludes that there are no
significant environmental impacts
associated with the proposed action.
The licensee currently maintains a
security system acceptable to the NRC
and the NRC expects that the licensee
will continue to maintain the
effectiveness of the overall physical
protection program and protective
strategy for the duration of this
exemption. Therefore, the extension of
the implementation date of the new
requirements of 10 CFR Part 73 to July
VerDate Mar<15>2010
17:57 Nov 26, 2010
Jkt 223001
15, 2011, would not have any significant
environmental impacts.
The NRC staff’s safety evaluation will
be provided in the exemption that will
be issued as part of the letter to the
licensee approving the exemption to the
regulation.
Environmental Impacts of the
Alternatives to the Proposed Action
As an alternative to the proposed
actions, the NRC staff considered denial
of the proposed actions (i.e., the ‘‘noaction’’ alternative). Denial of the
exemption request would result in no
change in current environmental
impacts. The environmental impacts of
the proposed exemption and technical
specification change and the ‘‘no action’’
alternative are similar.
Alternative Use of Resources
The action does not involve the use of
any different resources than those
considered in the Final Environmental
Statement for the FNP, as supplemented
through the ‘‘Generic Environmental
Impact Statement for License Renewal
of Nuclear Plants: Joseph M. Farley
Nuclear Plant, Units 1 and 2—Final
Report (NUREG—1437, Supplement
18).’’
White Flint North, 11555 Rockville
Pike, Rockville, Maryland 20852.
Publicly available records will be
accessible electronically from the
Agencywide Document Access and
Management System (ADAMS) Public
Electronic Reading Room on the Internet
at the NRC Web site: https://
www.nrc.gov/reading-rm/adams.html.
Persons who do not have access to
ADAMS or who encounter problems in
accessing the documents located in
ADAMS should contact the NRC PDR
Reference staff by telephone at 1–800–
397–4209 or 301–415–4737, or send an
e-mail to pdr@nrc.gov.
Dated at Rockville, Maryland, this 19th day
of November, 2010.
For the Nuclear Regulatory Commission.
Robert E. Martin,
Sr. Project Manager, Plant Licensing Branch
II–1, Division of Operating Reactor Licensing,
Office of Nuclear Reactor Regulation.
[FR Doc. 2010–29940 Filed 11–26–10; 8:45 am]
BILLING CODE 7590–01–P
NUCLEAR REGULATORY
COMMISSION
[NRC–2010–0002]
Agencies and Persons Consulted
In accordance with its stated policy,
on November 15, 2010, the NRC staff
consulted with the Alabama State
official, Mr. David Walters of the
Alabama Department of Public Health,
regarding the environmental impact of
the proposed action. The State official
had no comments.
Sunshine Act Notice
Finding of No Significant Impact
On the basis of the environmental
assessment, the NRC staff concludes
that the proposed action will not have
a significant effect on the quality of the
human environment. Accordingly, the
NRC staff has determined not to prepare
an environmental impact statement for
the proposed action.
For further details with respect to the
proposed action, see the licensee’s
letters dated September 10, 2010 and
October 5, 2009. The licensee has
provided a redacted version of the
September 10, 2010 letter that is
publically available and the October 5,
2010 transmittal letter is publically
available. The edition of the September
10, 2010 letter and its enclosure and the
enclosure to the October 5, 2010 letter
that contains proprietary securityrelated information is not available to
the public. Other parts of these
documents may be examined, and/or
copied for a fee, at the NRC’s Public
Document Room (PDR), located at One
Tuesday, November 30, 2010
PO 00000
Frm 00110
Fmt 4703
Sfmt 4703
Week of November 29, 2010.
Commissioners’ Conference
Room, 11555 Rockville Pike, Rockville,
Maryland.
STATUS: Public and closed.
DATES:
PLACE:
Additional Items To Be Considered
Week of November 29, 2010
10 a.m. Affirmation Session (Public
Meeting) (Tentative).
a. Tennessee Valley Authority (Watts
Bar Nuclear Plant, Unit 2), Southern
Alliance for Clean Energy’s Petition for
Interlocutory Review of LBP–10–12
(Denying SACE’s Waiver Petition) (July
14, 2010) (Tentative).
*
*
*
*
*
* The schedule for Commission
meetings is subject to change on short
notice. To verify the status of meetings,
call (recording)—(301) 415–1292.
Contact person for more information:
Rochelle Bavol, (301) 415–1651.
*
*
*
*
*
The NRC Commission Meeting
Schedule can be found on the Internet
at: https://www.nrc.gov/about-nrc/policymaking/schedule.html.
*
*
*
*
*
The NRC provides reasonable
accommodation to individuals with
disabilities where appropriate. If you
E:\FR\FM\29NON1.SGM
29NON1
Federal Register / Vol. 75, No. 228 / Monday, November 29, 2010 / Notices
need a reasonable accommodation to
participate in these public meetings, or
need this meeting notice or the
transcript or other information from the
public meetings in another format (e.g.
braille, large print), please notify Angela
Bolduc, Chief, Employee/Labor
Relations and Work Life Branch, at 301–
492–2230, TDD: 301–415–2100, or by
e-mail at angela.bolduc@nrc.gov.
Determinations on requests for
reasonable accommodation will be
made on a case-by-case basis.
*
*
*
*
*
This notice is distributed
electronically to subscribers. If you no
longer wish to receive it, or would like
to be added to the distribution, please
contact the Office of the Secretary,
Washington, DC 20555 (301–415–1969),
or send an e-mail to
darlene.wright@nrc.gov.
Dated: November 22, 2010.
Rochelle C. Bavol,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2010–30093 Filed 11–24–10; 4:15 pm]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
mstockstill on DSKH9S0YB1PROD with NOTICES
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Rule 701 (17 CFR 230.701) under the
Securities Act of 1933 (‘‘Securities Act’’)
(15 U.S.C. 77a et seq.) provides an
exemption for certain issuers from the
registration requirements of the
Securities Act for limited offerings and
sales of securities issued under
compensatory benefit plans or contracts.
The purpose of Rule 701 is to ensure
that a basic level of information is
available to employees and others when
substantial amounts of securities are
issued in compensatory arrangements.
Approximately 300 companies annually
17:57 Nov 26, 2010
Jkt 223001
Dated: November 22, 2010.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–29889 Filed 11–26–10; 8:45 am]
BILLING CODE 8011–01–P
Extension:
Rule 701, OMB Control No. 3235–0522,
SEC File No. 270–306.
VerDate Mar<15>2010
rely on the Rule 701 exemption. The
Rule 701 disclosure takes an estimated
2 hours per response to prepare for a
total annual burden of 600 hours. We
estimate that 25% of the 2 hours per
response (0.5 hours) is prepared by the
company for a total annual reporting
burden of 150 hours (0.5 hours per
response × 300 responses).
Written comments are invited on: (a)
Whether this collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information will have
practical utility; (b) the accuracy of the
agency’s estimate of the burden imposed
by the collection of information; (c)
ways to enhance the quality, utility, and
clarity of the information collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
Virginia 22312; or send an e-mail to:
PRA_Mailbox@sec.gov.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63363; File No. S7–04–09]
Order Extending Temporary
Conditional Exemption for Nationally
Recognized Statistical Rating
Organizations From Requirements of
Rule 17g–5 Under the Securities
Exchange Act of 1934 and Request for
Comment
November 23, 2010.
I. Introduction
On May 19, 2010, the Securities and
Exchange Commission (‘‘Commission’’)
conditionally exempted, with respect to
certain credit ratings and until
December 2, 2010, nationally recognized
statistical rating organizations
(‘‘NRSROs’’) from certain requirements
in Rule 17g–5(a)(3) 1 under the
Securities Exchange Act of 1934
1 See
PO 00000
17 CFR 240.17g–5(a)(3).
Frm 00111
Fmt 4703
Sfmt 4703
73137
(‘‘Exchange Act’’), which had a
compliance date of June 2, 2010.2
Pursuant to the Order, an NRSRO is not
required to comply with Rule 17g–
5(a)(3) until December 2, 2010 with
respect to credit ratings where: (1) The
issuer of the structured finance product
is a non-U.S. person; and (2) the NRSRO
has a reasonable basis to conclude that
the structured finance product will be
offered and sold upon issuance, and that
any arranger linked to the structured
finance product will effect transactions
of the structured finance product after
issuance, only in transactions that occur
outside the U.S. (‘‘covered
transactions’’).3 The Commission is
extending the temporary conditional
exemption exempting NRSROs from
complying with Rule 17g–5(a)(3) with
respect to rating covered transactions
until December 2, 2011.
II. Background
Rule 17g–5 identifies, in paragraphs
(b) and (c) of the rule, a series of
conflicts of interest arising from the
business of determining credit ratings.4
Paragraph (a) of Rule 17g–5 5 prohibits
an NRSRO from issuing or maintaining
a credit rating if it is subject to the
conflicts of interest identified in
paragraph (b) of Rule 17g–5 unless the
NRSRO has taken the steps prescribed
in paragraph (a)(1) (i.e., disclosed the
type of conflict of interest in Exhibit 6
to Form NRSRO in accordance with
Section 15E(a)(1)(B)(vi) of the Exchange
Act 6 and Rule 17g–1) 7 and paragraph
(a)(2) (i.e., established and is
maintaining and enforcing written
policies and procedures to address and
manage conflicts of interest in
accordance with Section 15E(h) of the
Exchange Act).8 Paragraph (c) of Rule
17g–5 specifically prohibits seven types
of conflicts of interest. Consequently, an
NRSRO is prohibited from issuing or
maintaining a credit rating when it is
subject to these conflicts regardless of
whether it had disclosed them and
established procedures reasonably
designed to address them.
In December 2009, the Commission
adopted subparagraph (a)(3) to Rule
17g–5. This provision requires an
NRSRO that is hired by an arranger to
determine an initial credit rating for a
structured finance product to take
2 See Securities Exchange Act Release No. 62120
(May 19, 2010), 75 FR 28825 (May 24, 2010)
(‘‘Order’’).
3 See id. at 28827–28 (setting forth conditions of
relief).
4 17 CFR 240.17g–5(b) and (c).
5 17 CFR 240.17g–5(a).
6 15 U.S.C. 78o–7(a)(1)(B)(vi).
7 17 CFR 240.17g–1.
8 15 U.S.C. 78o–7(h).
E:\FR\FM\29NON1.SGM
29NON1
Agencies
[Federal Register Volume 75, Number 228 (Monday, November 29, 2010)]
[Notices]
[Pages 73136-73137]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-30093]
-----------------------------------------------------------------------
NUCLEAR REGULATORY COMMISSION
[NRC-2010-0002]
Sunshine Act Notice
DATES: Week of November 29, 2010.
Place: Commissioners' Conference Room, 11555 Rockville Pike, Rockville,
Maryland.
Status: Public and closed.
Additional Items To Be Considered
Week of November 29, 2010
Tuesday, November 30, 2010
10 a.m. Affirmation Session (Public Meeting) (Tentative).
a. Tennessee Valley Authority (Watts Bar Nuclear Plant, Unit 2),
Southern Alliance for Clean Energy's Petition for Interlocutory Review
of LBP-10-12 (Denying SACE's Waiver Petition) (July 14, 2010)
(Tentative).
* * * * *
* The schedule for Commission meetings is subject to change on
short notice. To verify the status of meetings, call (recording)--(301)
415-1292. Contact person for more information: Rochelle Bavol, (301)
415-1651.
* * * * *
The NRC Commission Meeting Schedule can be found on the Internet
at: https://www.nrc.gov/about-nrc/policy-making/schedule.html.
* * * * *
The NRC provides reasonable accommodation to individuals with
disabilities where appropriate. If you
[[Page 73137]]
need a reasonable accommodation to participate in these public
meetings, or need this meeting notice or the transcript or other
information from the public meetings in another format (e.g. braille,
large print), please notify Angela Bolduc, Chief, Employee/Labor
Relations and Work Life Branch, at 301-492-2230, TDD: 301-415-2100, or
by e-mail at angela.bolduc@nrc.gov. Determinations on requests for
reasonable accommodation will be made on a case-by-case basis.
* * * * *
This notice is distributed electronically to subscribers. If you no
longer wish to receive it, or would like to be added to the
distribution, please contact the Office of the Secretary, Washington,
DC 20555 (301-415-1969), or send an e-mail to darlene.wright@nrc.gov.
Dated: November 22, 2010.
Rochelle C. Bavol,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2010-30093 Filed 11-24-10; 4:15 pm]
BILLING CODE 7590-01-P