Submission for OMB Review; Comment Request, 5843 [2011-2229]
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Federal Register / Vol. 76, No. 22 / Wednesday, February 2, 2011 / Notices
Such statement must be typewritten,
double-spaced, and may not exceed
twenty-five (25) pages.
Upon receipt of the required notice,
OPIC will prepare an agenda, which
will be available at the hearing, that
identifies speakers, the subject on which
each participant will speak, and the
time allotted for each presentation.
A written summary of the hearing will
be compiled, and such summary will be
made available, upon written request to
OPIC’s Corporate Secretary, at the cost
of reproduction.
Written summaries of the projects to
be presented at the September 23, 2010
Board meeting will be posted on OPIC’s
Web site on or about Thursday, August
19, 2010.
CONTACT PERSON FOR INFORMATION:
Information on the hearing may be
obtained from Connie M. Downs at (202)
336–8438, via facsimile at (202) 218–
0136, or via e-mail at
connie.downs@opic.gov.
Dated: January 28, 2011.
Connie M. Downs,
OPIC Corporate Secretary.
[FR Doc. 2011–2312 Filed 1–28–11; 4:15 pm]
BILLING CODE 3210–01–P
SECURITIES AND EXCHANGE
COMMISSION
srobinson on DSKHWCL6B1PROD with NOTICES
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 701; OMB Control No. 3235–
0522; SEC File No. 270–306.
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’’) has submitted to the
Office of Management and Budget the
request for extension of the previously
approved collection of information
discussed below.
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.
VerDate Mar<15>2010
16:00 Feb 01, 2011
Jkt 223001
Information provided under Rule 701 is
mandatory. Approximately 300
companies annually rely on the Rule
701 exemption and it takes 2 hours per
response. 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).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid
control number.
Background documentation for this
information collection may be viewed at
the following link, https://
www.reginfo.gov. Written comments
should be directed to the following
persons: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503
or send an e-mail to:
Shagufta_Ahmed@omb.eop.gov;
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, C/O Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312; or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: January 27, 2011.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011–2229 Filed 2–1–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63775; File No. SR–DTC–
2011–01]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing and Order Granting Accelerated
Approval of Proposed Rule Change To
Amend the Dividends Service Guide
January 26, 2011.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on January
13, 2011, The Depository Trust
Company (‘‘DTC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00066
Fmt 4703
5843
primarily by DTC.3 The Commission is
publishing this Notice and Order to
solicit comments on the proposed rule
change from interested persons and to
approve the proposed rule change on an
accelerated basis.
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
DTC proposes to amend its Dividends
Service Guide (‘‘Guide’’) to: (1) clarify
DTC’s policy of payment allocations; (2)
begin allocation of funds from agents
received with corresponding CUSIPlevel identification information at 8:20
a.m.; and (3) make other conforming
changes.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
DTC 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 these statements
may be examined at the places specified
in Item III below. DTC has prepared
summaries, set forth in sections (A), (B),
and (C) below, of the most significant
aspects of these statements.4
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
One of core asset services provided by
the DTC is the daily collection and
allocation of cash entitlements due on
DTC-eligible securities. These
entitlements, known as Principal and
Income (‘‘P&I’’) payments, include
dividend, interest, periodic principal,
redemption, and maturity payments
arising from the 3.5 million securities
eligible at DTC.
Many paying agents service more than
one issue and typically wire to DTC a
single ‘‘bulk’’ payment to be allocated to
numerous issues or different types of
payments for a single issue. Paying
agents are required to provide with bulk
payments an automated file that
provides corresponding Committee on
Uniform Security Identification
Procedures (‘‘CUSIP’’) level
identification information about the
wire payment.5 CUSIP-level detail
3 The text of the proposed rule change is attached
as Exhibit 5 to DTC’s filing, which is available at
https://www.dtcc.com/downloads/legal/rule_filings/
2011/dtc/2011-01.pdf.
4 The Commission has modified the text of the
summaries prepared by DTC.
5 All paying agents are required to sign DTC’s
Operational Arrangements (‘‘OA’’) letter agreeing to
Continued
Sfmt 4703
E:\FR\FM\02FEN1.SGM
02FEN1
Agencies
[Federal Register Volume 76, Number 22 (Wednesday, February 2, 2011)]
[Notices]
[Page 5843]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-2229]
=======================================================================
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 701; OMB Control No. 3235-0522; SEC File No. 270-306.
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'') has submitted to the Office of Management
and Budget the request for extension of the previously approved
collection of information discussed below.
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. Information provided under Rule 701 is
mandatory. Approximately 300 companies annually rely on the Rule 701
exemption and it takes 2 hours per response. 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 x
300 responses).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
Background documentation for this information collection may be
viewed at the following link, https://www.reginfo.gov. Written comments
should be directed to the following persons: (i) Desk Officer for the
Securities and Exchange Commission, Office of Information and
Regulatory Affairs, Office of Management and Budget, Room 10102, New
Executive Office Building, Washington, DC 20503 or send an e-mail to:
Shagufta_Ahmed@omb.eop.gov; Thomas Bayer, Chief Information Officer,
Securities and Exchange Commission, C/O Remi Pavlik-Simon, 6432 General
Green Way, Alexandria, VA 22312; or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of
this notice.
Dated: January 27, 2011.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-2229 Filed 2-1-11; 8:45 am]
BILLING CODE 8011-01-P