Sunshine Act; Notice of Public Meeting, 2727-2728 [2011-864]
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Federal Register / Vol. 76, No. 10 / Friday, January 14, 2011 / Notices
mstockstill on DSKH9S0YB1PROD with NOTICES
potential corrective measures described
in RG 1.154 indicates that they are
either impractical or that they have
already been implemented because of
changes to standard industry practices
since the issuance of the RG in 1987. RG
1.154 lists five general classes of
potential corrective actions. The current
assessment suggests that few of the
corrective actions listed in RG 1.154
would effectively mitigate PTS risk
relative to the baseline risk established
by the technical basis documents that
support the alternative rule 10 CFR
50.61a. Licensees have a choice to apply
more conservative screening criteria in
10 CFR 50.61 or more permissive and
risk-informed criteria in the alternative
rule 10 CFR 50.61a. If a licensee chooses
to apply the screening criteria in 10 CFR
50.61 to their plant, and the plant is
projected to reach the screening limits
in 10 CFR 50.61, the licensee can either
choose to follow procedures prescribed
in 10 CFR 50.61 (b)(3) on implementing
flux reduction measures or 10 CFR
50.61 (b)(4) on performing plant-specific
safety analysis. However, if a licensee
chooses to follow 10 CFR 50.61 (b)(4) on
performing safety analysis, Regulatory
Guide 1.154 cannot be used, as it is
hereby being withdrawn.
II. Further Information
The withdrawal of RG 1.154 does not
alter any prior or existing licensing
commitments based on its use.
Regulatory guides may be withdrawn
when their guidance no longer provides
useful information, or is superseded by
technological, congressional action, or
other events.
Guides are revised for a variety of
reasons, and the withdrawal of a
regulatory guide should be thought of as
the final revision of the guide. Although
a regulatory guide is withdrawn, current
licensees may continue to use it, and
withdrawal does not affect any existing
licenses or agreements. Withdrawal
means that the guide should not be used
for future NRC licensing activities.
Changes to existing licenses would be
accomplished using other regulatory
products.
Regulatory guides and publicly
available NRC documents are available
electronically through the Electronic
Reading Room on the NRC’s public Web
site at: https://www.nrc.gov/reading-rm/
doc-collections/. The documents can
also be viewed online or printed for a
fee in the NRC’s Public Document Room
(PDR) at 11555 Rockville Pike,
Rockville, Maryland; the mailing
address is USNRC PDR, Washington, DC
20555; telephone: 301–415–4737 or
800–397–4209; fax: 301–415–3548; and
e-mail: pdr.resource@nrc.gov.
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Regulatory guides are not
copyrighted, and NRC approval is not
required to reproduce them.
Dated at Rockville, Maryland, this 6th day
of January 2011.
For the Nuclear Regulatory Commission.
Harriet Karagiannis,
Acting Chief, Regulatory Guide Development
Branch, Division of Engineering, Office of
Nuclear Regulatory Research.
[FR Doc. 2011–723 Filed 1–13–11; 8:45 am]
BILLING CODE 7590–01–P
PEACE CORPS
Proposed Collection of Information
Submission for Office of
Management and Budget (OMB) review;
comment request.
ACTION:
The Peace Corps has
submitted a proposed collection of
information to the Office of
Management and Budget (OMB) for
review and clearance under the
provisions of the Paperwork Reduction
Act of 1995. This notice invites the
public to comment on the proposed
collection of information by the Peace
Corps’ Office of Communications. The
Peace Corps invites comments on
whether the proposed collection of
information is necessary for proper
performance of the functions of the
Peace Corps, including whether the
information will have practical use; the
accuracy of the agency’s estimate of the
burden of the proposed collection of
information, including the validity of
the information to be collected; and
ways to minimize the burden of the
collection of information on those who
respond, including through the use of
automated collection techniques, when
appropriate, and other forms of
information technology.
DATES: Comments regarding this
collection must be received on or before
February 14, 2011.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name/or OMB approval
number and should be sent via e-mail
to: oira_submission@omb.eop.gov or fax
to: 202–395–3086. Attention: Desk
Officer for Peace Corps.
FOR FURTHER INFORMATION CONTACT:
Denora Miller, FOIA Officer, Peace
Corps, 1111 20th Street, NW.,
Washington, DC 20526, (202) 692–1236,
or e-mail at pcfr@peacecorps.gov.
Copies of available documents
submitted to OMB may be obtained
from Denora Miller.
SUMMARY:
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The
purpose of this survey is to collect
feedback from Peace Corps applicants
and Returned Volunteers to help
understand which factors are driving
recruitment attrition, as well as what
information or education needs would
increase the conversion ratio. An online
survey will be conducted among 1,200
Peace Corps applicants and Returned
Peace Corps Volunteers including 300
from each of the following segments:
Inquire—complete an initial inquiry but
do not begin or submit an application;
Begin application—but either do not
submit it or move forward; Submit
complete application—but then elect
not to proceed by stopping
communication or actively withdrawing
during the review process; Returned
Peace Corps Volunteers—who recently
closed Peace Corps service in the past
two years. Including Returned Peace
Corps Volunteers in the study will
provide information to understand what
is working in the application process
and will help guide the strategies for
correcting the conversion loss. There is
no statutory or regulatory requirement
for this information.
Method: The information will be
collected through an online survey.
Title: Peace Corps Conversion Loss
Survey.
OMB Control Number: [To be
assigned.]
Type of Review: New.
Affected Public: Former applicants to
the Peace Corps and Returned Peace
Corps Volunteers Respondents’
obligation to reply: Voluntary.
Estimate of the total number of
respondents: 1,200.
Estimated time to complete survey: 20
minutes.
Estimate of the total public burden (in
hours): 400 hours.
Frequency of Response: 1 time.
Estimated number of respondents:
1,200.
General description of collection: To
understand which factors are driving
recruitment attrition, as well as what
information or education needs would
increase the conversion ratio.
SUPPLEMENTARY INFORMATION:
Dated: January 10, 2011.
Earl W. Yates,
Associate Director for Management.
[FR Doc. 2011–766 Filed 1–13–11; 8:45 am]
BILLING CODE 6051–01–P
RAILROAD RETIREMENT BOARD
Sunshine Act; Notice of Public Meeting
Notice is hereby given that the
Railroad Retirement Board will hold a
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Federal Register / Vol. 76, No. 10 / Friday, January 14, 2011 / Notices
meeting on January 19, 2011, 10 a.m. at
the Board’s meeting room on the 8th
floor of its headquarters building, 844
North Rush Street, Chicago, Illinois,
60611. The agenda for this meeting
follows:
(1) Executive Committee Reports
The entire meeting will be open to the
public. The person to contact for more
information is Beatrice Ezerski,
Secretary to the Board, Phone No. 312–
751–4920.
Dated: January 10, 2011.
Beatrice Ezerski,
Secretary to the Board.
[FR Doc. 2011–864 Filed 1–12–11; 11:15 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. SIPA–170; File No. SIPC–2010–
01]
Securities Investor Protection
Corporation; Order Approving a
Proposed Bylaw Change Relating to
SIPC Fund Assessments on SIPC
Members
January 10, 2011.
mstockstill on DSKH9S0YB1PROD with NOTICES
On October 8, 2010, the Securities
Investor Protection Corporation (‘‘SIPC’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) a proposed
bylaw change pursuant to Section
3(e)(1) of the Securities Investor
Protection Act of 1970 (‘‘SIPA’’), 15
U.S.C. 78ccc(e)(1). Notice of the
proposed bylaw change was published
in the Federal Register on December 6,
2010.1 The Commission received no
comment letters on the proposed bylaw
change. This order approves the
proposed bylaw change.
I. Description of Proposed Bylaw
Change
Section 4(c)(2) of SIPA requires SIPC
to impose assessments upon its member
broker-dealers deemed necessary and
appropriate to establish and maintain a
broker-dealer liquidation fund
administered by SIPC (the ‘‘SIPC Fund’’)
and to repay any borrowings by SIPC
used to liquidate a broker-dealer.
Pursuant to this authority, SIPC collects
an annual assessment from its members.
The amount of the annual assessment is
prescribed by SIPA and the SIPC
bylaws. When the SIPC Fund is at its
targeted level, SIPC collects a minimum
assessment as provided in SIPA. The
current target level for the SIPC Fund is
$2.5 billion.
1 See Release No. SIPA–169 (November 30, 2010),
75 FR 75711 (December 6, 2010).
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The Dodd-Frank Wall Street Reform
and Consumer Protection Act of 2010
(‘‘Dodd-Frank Act’’) amended SIPA to
change the minimum assessment from
an amount not to exceed $150 to an
amount not to exceed 0.02 percent of
the gross revenues from the securities
business of the SIPC member.2 Under
Article 6 of the SIPC bylaws, SIPC must
assess its members a minimum amount
($150) unless certain conditions apply.
Because in some cases an assessment of
$150 would exceed 0.02 percent of a
member’s gross revenues, the SIPC
Assessments bylaw must be amended to
be consistent with the Dodd-Frank Act.
First, SIPC has proposed to amend
Article 6, Section 1(a)(1)(B) of the SIPC
bylaws by replacing ‘‘$150’’ with the
term ‘‘0.02 percent of the net operating
revenues from the securities business.’’
This amendment clarifies that the
minimum assessment for members, once
the SIPC Fund reaches its target, is 0.02
percent of a member’s net operating
revenues, rather than $150. Second,
SIPC has proposed deleting Section
1(a)(3) of Article 6, which states that
$150 was the minimum assessment a
SIPC member would be required to pay
in any calendar year. These
amendments were approved by SIPC’s
Board of Directors on September 16,
2010.
As indicated above, SIPC’s bylaw
changes refer to ‘‘net operating
revenues’’ instead of ‘‘gross revenues.’’
Since 1991, when assessing on a
percentage basis (i.e., not a flat $150
minimum assessment), SIPC has based
the assessment amount on a percentage
of net operating revenues, not gross
revenues, from the securities business.
In 1991, a SIPC Task Force study found
that securities firms no longer
structured their business on a gross
revenue basis but instead used a net
operating revenue basis, which excludes
interest expense and dividend expense
in accounting for revenue. SIPC bases its
assessment on the net revenues
associated with that business, which it
believes is consistent with SIPA. Basing
the assessment on net operating
revenues as opposed to gross revenues
will decrease the amount of the
assessment in most situations. However,
under SIPA, SIPC may adjust the basis
for collecting assessments and the
amount of assessments as long as the
assessments are within the parameters
prescribed in SIPA.3 Using a minimum
assessment of 0.02 percent of net
operating revenues would not cause the
amount of the assessment to exceed the
maximum amount permitted for the
II. Commission Findings
Section 3(e)(1) of SIPA provides that
SIPC must file with the Commission a
copy of proposed bylaw changes. That
section further provides that bylaw
changes shall take effect 30 days after
filing, unless the Commission either: (i)
Disapproves the change as contrary to
the public interest or the purposes of
SIPA, or (ii) finds that the change
involves a matter of such significant
public interest that public comment
should be obtained. Once the
Commission finds that the proposed
bylaw change involves a matter of such
significant public interest that public
comment should be obtained, the
Commission may, after notifying SIPC
in writing of such finding, require that
the proposed bylaw change be
considered by the same procedures as a
proposed rule change including, among
other things, publication in the Federal
Register and opportunity for public
comment. Prior to approving a proposed
bylaw change that has been noticed for
public comment the Commission must
make a finding that the change is in the
public interest and is consistent with
the purposes of SIPA.4
The Commission finds, pursuant to
Section 3(e)(2)(D) of SIPA, that the
proposed bylaw change is in the public
interest and consistent with SIPA. First,
the proposed bylaw change is a
necessary consequence of Dodd-Frank.
Second, utilizing net operating revenues
instead of gross revenues is consistent
with industry practice, SIPA, and the
SIPC bylaws.
III. Conclusion
It is therefore ordered, pursuant to
Section 3(e)(2)(B) of SIPA, that the
proposed bylaw changes (File No. SIPC–
2010–01) are approved.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011–711 Filed 1–13–11; 8:45 am]
BILLING CODE 8011–01–P
2 The
3 15
PO 00000
Dodd-Frank Act, Section 929V.
U.S.C. 78ddd(c)(2) and 78lll(9).
minimum assessment under Section
4(d)(1)(C) of SIPA, as amended by the
Dodd-Frank Act.
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U.S.C. 78ccc(e)(2)(D).
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]]>Agencies
[Federal Register Volume 76, Number 10 (Friday, January 14, 2011)]
[Notices]
[Pages 2727-2728]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-864]
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RAILROAD RETIREMENT BOARD
Sunshine Act; Notice of Public Meeting
Notice is hereby given that the Railroad Retirement Board will hold
a
[[Page 2728]]
meeting on January 19, 2011, 10 a.m. at the Board's meeting room on the
8th floor of its headquarters building, 844 North Rush Street, Chicago,
Illinois, 60611. The agenda for this meeting follows:
(1) Executive Committee Reports
The entire meeting will be open to the public. The person to
contact for more information is Beatrice Ezerski, Secretary to the
Board, Phone No. 312-751-4920.
Dated: January 10, 2011.
Beatrice Ezerski,
Secretary to the Board.
[FR Doc. 2011-864 Filed 1-12-11; 11:15 am]
BILLING CODE 7905-01-P
