Joint Public Roundtable on Issues Related to the Schedule for Implementing Final Rules for Swaps and Security-Based Swaps Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, 23221-23222 [2011-10158]

Download as PDF 23221 Federal Register / Vol. 76, No. 80 / Tuesday, April 26, 2011 / Proposed Rules Branch, ANM–116, Transport Airplane Directorate, FAA, has the authority to approve AMOCs for this AD, if requested using the procedures found in 14 CFR 39.19. In accordance with 14 CFR 39.19, send your request to your principal inspector or local Flight Standards District Office, as appropriate. If sending information directly to the International Branch, send it to Attn: Vladimir Ulyanov, Aerospace Engineer, International Branch, ANM–116, Transport Airplane Directorate, FAA, 1601 Lind Avenue, SW., Renton, Washington 98057– 3356; telephone (425) 227–1138; fax (425) 227–1149. Information may be e-mailed to: 9ANM-116-AMOC-REQUESTS@faa.gov. Before using any approved AMOC, notify your appropriate principal inspector, or lacking a principal inspector, the manager of the local flight standards district office/ certificate holding district office. The AMOC approval letter must specifically reference this AD. (2) Airworthy Product: For any requirement in this AD to obtain corrective actions from a manufacturer or other source, use these actions if they are FAA-approved. Corrective actions are considered FAA- approved if they are approved by the State of Design Authority (or their delegated agent). You are required to assure the product is airworthy before it is returned to service. Related Information (n) Refer to MCAI European Aviation Safety Agency Airworthiness Directive 2010– 0191, dated September 27, 2010 [Corrected October 7, 2010], and the service bulletins listed in table 1 of this AD, for related information. TABLE 1—AIRBUS SERVICE BULLETINS Document Airbus Airbus Airbus Airbus Airbus Mandatory Service Bulletin A330–27–3169 .................................................................................................................... Mandatory Service Bulletin A340–27–4167 .................................................................................................................... Mandatory Service Bulletin A340–27–5053 .................................................................................................................... Service Bulletin A330–27–3161 ....................................................................................................................................... Service Bulletin A340–27–4160 ....................................................................................................................................... Issued in Renton, Washington, on April 18, 2011. Kalene C. Yanamura, Acting Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. 2011–10007 Filed 4–25–11; 8:45 am] BILLING CODE 4910–13–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Chapter I SECURITIES AND EXCHANGE COMMISSION 17 CFR Chapter II [Release No. 34–64314; File No. 4–625] Joint Public Roundtable on Issues Related to the Schedule for Implementing Final Rules for Swaps and Security-Based Swaps Under the Dodd-Frank Wall Street Reform and Consumer Protection Act Commodity Futures Trading Commission (‘‘CFTC’’) and Securities and Exchange Commission (‘‘SEC’’) (each, an ‘‘Agency,’’ and collectively, the ‘‘Agencies’’). ACTION: Notice of roundtable discussion; request for comment. AGENCIES: On Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing each day at 9:30 a.m. and ending at 4 p.m., staff of the Agencies will hold a public roundtable meeting at which invited participants will discuss various issues related to the schedule for implementing final rules for swaps and security-based swaps under the DoddFrank Wall Street Reform and Consumer SUMMARY: jlentini on DSKJ8SOYB1PROD with PROPOSALS Date VerDate Mar<15>2010 16:08 Apr 25, 2011 Jkt 223001 Protection Act (the ‘‘Act’’). The discussion will be open to the public with seating on a first-come, first-served basis. Members of the public may also listen to the meeting by telephone. Callin participants should be prepared to provide their first name, last name and affiliation. The information for the conference call is set forth below. • U.S. Toll-Free: (866) 844–9416. • International Toll: information on international dialing can be found at the following link: https://www.cftc.gov/ PressRoom/PressReleases/ internationalnumbers021811.html. • Conference ID: 1212444. A transcript of the public roundtable discussion will be published at https:// www.cftc.gov/PressRoom/Events/2011/ index.htm. The roundtable discussion will take place each day in the Conference Center at the CFTC’s headquarters, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC. FOR FURTHER INFORMATION CONTACT: The CFTC’s Office of Public Affairs at (202) 418–5080 or the SEC’s Office of Public Affairs at (202) 551–4120. SUPPLEMENTARY INFORMATION: The roundtable discussion will take place on Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing each day at 9:30 a.m. and ending at 4 p.m. Members of the public who wish to comment on the topics addressed at the discussion, or on any other topics related to the schedule for implementing final rules for swaps and security-based swaps under the Act, may do so via: • Paper submission to David Stawick, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581, or Elizabeth M. Murphy, PO 00000 Frm 00014 Fmt 4702 Sfmt 4702 May 3, 2010. May 3, 2010. May 3, 2010. November 6, 2009. November 6, 2009. Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–1090; or • Electronic submission via visiting https://comments.cftc.gov/ PublicComments/ CommentForm.aspx?id=1000 and submitting comments through the CFTC’s Web site; and/or by e-mail to rule-comments@sec.gov (all e-mails must reference the file number 4–625 in the subject field) or through the comment form available at: https:// www.sec.gov/rules/other.shtml. All submissions will be reviewed jointly by the Agencies. All comments must be in English or be accompanied by an English translation. All submissions provided to either Agency in any electronic form or on paper will be published on the Web site of the respective Agency, without review and without removal of personally identifying information. Please submit only information that you wish to make publicly available. By the Commodity Futures Trading Commission. Dated: April 20, 2011. David A. Stawick, Secretary. By the Securities and Exchange Commission. Dated: April 20, 2011. Elizabeth M. Murphy, Secretary. Concurring Statement of CFTC Commissioner Scott D. O’Malia; Implementation Roundtable Seriatim; Certainty & Transparency I concur in supporting the Commission’s roundtable on the implementation process. E:\FR\FM\26APP1.SGM 26APP1 23222 Federal Register / Vol. 76, No. 80 / Tuesday, April 26, 2011 / Proposed Rules Along with the Chairman, I believe that our entire rulemaking process should be as transparent as possible to the public. Consequently, after the Roundtable is complete, I strongly recommend that the Commission submit both a proposal on the order in which the Commission will consider final rulemakings and a proposed implementation plan to the Federal Register to allow the public to comment before we begin to consider final rules. Once we receive and review comments, a final rulemaking and implementation schedule should be published in the Federal Register. This level of transparency will give the market a clear picture of how the Commission intends to proceed, and how we can be held accountable as we undertake this massive regulatory overhaul. It will also provide the market with certainty market participants need to make the critical investment decisions necessary to be in compliance with the rules upon implementation. Finally, this type of transparency will help guide the Commission’s decision regarding when to make critical investments in advanced technology that are necessary for us to effectively oversee the futures, options, and swaps markets. The more thoughtful, deliberate, and transparent our sequencing and implementation processes are, the more orderly this Commission’s regulation of the swaps market will be. [FR Doc. 2011–10158 Filed 4–25–11; 8:45 am] BILLING CODE 8011–01–P; 6351–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission 18 CFR Part 40 [Docket No. RM10–29–000] Electric Reliability Organization Interpretation of Transmission Operations Reliability Federal Energy Regulatory Commission. ACTION: Notice of Proposed Rulemaking. AGENCY: Under section 215 of the Federal Power Act (FPA), the Federal Energy Regulatory Commission (Commission) proposes to approve the North American Electric Reliability Corporation’s (NERC’s) proposed interpretation of Reliability Standard, TOP–001–1, Requirement R8. DATES: Comments are due June 27, 2011. ADDRESSES: You may submit comments, identified by docket number and in jlentini on DSKJ8SOYB1PROD with PROPOSALS SUMMARY: VerDate Mar<15>2010 16:08 Apr 25, 2011 Jkt 223001 accordance with the requirements posted on the Commission’s web site, https://www.ferc.gov. Comments may be submitted by any of the following methods: • Electronic Submission: Documents created electronically using word processing software should be filed in native applications or print-to-PDF format, and not in a scanned format, at https://www.ferc.gov/docs-filing/ efiling.asp. • Mail/Hand Delivery: Commenters unable to file comments electronically must mail or hand deliver an original copy of their comments to: Federal Energy Regulatory Commission, Secretary of the Commission, 888 First Street, NE., Washington, DC 20426. These requirements can be found on the Commission’s Web site, see, e.g., the ‘‘Quick Reference Guide for Paper Submissions,’’ available at https:// www.ferc.gov/docs-filing/efiling.asp, or via phone from FERC Online Support at 202–502–6652 or toll-free at 1–866– 208–3676. FOR FURTHER INFORMATION CONTACT: Robert T. Stroh (Legal Information), Office of the General Counsel, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, Telephone: (202) 502–8473. Eugene Blick (Technical Information), Office of Electric Reliability, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, Telephone: (202) 502–8066. David O’Connor (Technical Information), Office of Electric Reliability, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, Telephone: (202) 502–6695. SUPPLEMENTARY INFORMATION: Before Commissioners: Jon Wellinghoff, Chairman; Marc Spitzer, Philip D. Moeller, John R. Norris, and Cheryl A. LaFleur. Notice of Proposed Rulemaking (Issued April 21, 2011) 1. Under section 215 of the Federal Power Act (FPA),1 the Federal Energy Regulatory Commission (Commission) proposes to approve the North American Electric Reliability Corporation’s (NERC’s) proposed interpretation of Requirement R8 in Commission-approved NERC Reliability Standard TOP–001–1 — Reliability Responsibilities and Authorities.2 The 1 16 U.S.C. 824o (2006). Commission is not proposing any new or modified text to its regulations. As provided in 18 CFR part 40, proposed interpretation of a Reliability Standard will not become effective until approved by the Commission, and the ERO must post on its Web site each effective Reliability Standard. 2 The PO 00000 Frm 00015 Fmt 4702 Sfmt 4702 Commission proposes to approve the interpretation as discussed below. I. Background 2. Section 215 of the FPA requires a Commission-certified Electric Reliability Organization (ERO) to develop mandatory and enforceable Reliability Standards, which are subject to Commission review and approval. If approved, the Reliability Standards are enforced by the ERO, subject to Commission oversight, or by the Commission independently. 3. Pursuant to section 215 of the FPA, the Commission established a process to select and certify an ERO 3 and, subsequently, certified NERC as the ERO.4 On March 16, 2007, the Commission issued Order No. 693, approving 83 of the 107 Reliability Standards filed by NERC, including Reliability Standard TOP–001–1.5 4. NERC’s Rules of Procedure provide that a person that is ‘‘directly and materially affected’’ by Bulk-Power System reliability may request an interpretation of a Reliability Standard.6 The ERO’s ‘‘standards process manager’’ will assemble a team with relevant expertise to address the requested interpretation and also form a ballot pool. NERC’s Rules provide that, within 45 days, the team will draft an interpretation of the Reliability Standard, with subsequent balloting. If approved by ballot, the interpretation is appended to the Reliability Standard and filed with the applicable regulatory authority for regulatory approval. A. Reliability Standard TOP–001–1 5. Reliability Standard TOP–001–1 (Reliability Responsibilities and Authorities) centers on the responsibilities of balancing authorities and transmission operators during a system emergency. Specifically, the stated purpose of Reliability Standard TOP–001–1 is to ensure reliability entities have clear decision-making authority and capabilities to take appropriate actions or direct the actions of others to return the transmission 3 Rules Concerning Certification of the Electric Reliability Organization; and Procedures for the Establishment, Approval and Enforcement of Electric Reliability Standards, Order No. 672, FERC Stats. & Regs. ¶ 31,204, order on reh’g, Order No. 672–A, FERC Stats. & Regs. ¶ 31,212 (2006). 4 North American Electric Reliability Corp., 116 FERC ¶ 61,062, order on reh’g & compliance, 117 FERC ¶ 61,126 (2006), aff’d sub nom., Alcoa, Inc. v. FERC, 564 F.3d 1342 (DC Cir. 2009). 5 Mandatory Reliability Standards for the BulkPower System, Order No. 693, FERC Stats. & Regs. ¶ 31,242, order on reh’g, Order No. 693–A, 120 FERC ¶ 61,053 (2007). 6 NERC Rules of Procedure, Appendix 3A, Reliability Standards Development Procedure, Version 6.1, at 27–29 (2010). E:\FR\FM\26APP1.SGM 26APP1

Agencies

[Federal Register Volume 76, Number 80 (Tuesday, April 26, 2011)]
[Proposed Rules]
[Pages 23221-23222]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-10158]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Chapter I

SECURITIES AND EXCHANGE COMMISSION

17 CFR Chapter II

[Release No. 34-64314; File No. 4-625]


Joint Public Roundtable on Issues Related to the Schedule for 
Implementing Final Rules for Swaps and Security-Based Swaps Under the 
Dodd-Frank Wall Street Reform and Consumer Protection Act

AGENCIES: Commodity Futures Trading Commission (``CFTC'') and 
Securities and Exchange Commission (``SEC'') (each, an ``Agency,'' and 
collectively, the ``Agencies'').

ACTION: Notice of roundtable discussion; request for comment.

-----------------------------------------------------------------------

SUMMARY: On Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing 
each day at 9:30 a.m. and ending at 4 p.m., staff of the Agencies will 
hold a public roundtable meeting at which invited participants will 
discuss various issues related to the schedule for implementing final 
rules for swaps and security-based swaps under the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (the ``Act''). The discussion 
will be open to the public with seating on a first-come, first-served 
basis. Members of the public may also listen to the meeting by 
telephone. Call-in participants should be prepared to provide their 
first name, last name and affiliation. The information for the 
conference call is set forth below.
     U.S. Toll-Free: (866) 844-9416.
     International Toll: information on international dialing 
can be found at the following link: https://www.cftc.gov/PressRoom/PressReleases/internationalnumbers021811.html.
     Conference ID: 1212444.
    A transcript of the public roundtable discussion will be published 
at https://www.cftc.gov/PressRoom/Events/2011/index.htm. The roundtable 
discussion will take place each day in the Conference Center at the 
CFTC's headquarters, Three Lafayette Centre, 1155 21st Street, NW., 
Washington, DC.

FOR FURTHER INFORMATION CONTACT: The CFTC's Office of Public Affairs at 
(202) 418-5080 or the SEC's Office of Public Affairs at (202) 551-4120.

SUPPLEMENTARY INFORMATION: The roundtable discussion will take place on 
Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing each day at 
9:30 a.m. and ending at 4 p.m. Members of the public who wish to 
comment on the topics addressed at the discussion, or on any other 
topics related to the schedule for implementing final rules for swaps 
and security-based swaps under the Act, may do so via:
     Paper submission to David Stawick, Secretary, Commodity 
Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, 
NW., Washington, DC 20581, or Elizabeth M. Murphy, Secretary, 
Securities and Exchange Commission, 100 F Street, NE., Washington, DC 
20549-1090; or
     Electronic submission via visiting https://comments.cftc.gov/PublicComments/CommentForm.aspx?id=1000 and 
submitting comments through the CFTC's Web site; and/or by e-mail to 
rule-comments@sec.gov (all e-mails must reference the file number 4-625 
in the subject field) or through the comment form available at: https://www.sec.gov/rules/other.shtml.
    All submissions will be reviewed jointly by the Agencies. All 
comments must be in English or be accompanied by an English 
translation. All submissions provided to either Agency in any 
electronic form or on paper will be published on the Web site of the 
respective Agency, without review and without removal of personally 
identifying information. Please submit only information that you wish 
to make publicly available.

    By the Commodity Futures Trading Commission.

    Dated: April 20, 2011.
David A. Stawick,
Secretary.

    By the Securities and Exchange Commission.

    Dated: April 20, 2011.
Elizabeth M. Murphy,
Secretary.

Concurring Statement of CFTC Commissioner Scott D. O'Malia; 
Implementation Roundtable Seriatim; Certainty & Transparency

    I concur in supporting the Commission's roundtable on the 
implementation process.

[[Page 23222]]

    Along with the Chairman, I believe that our entire rulemaking 
process should be as transparent as possible to the public. 
Consequently, after the Roundtable is complete, I strongly recommend 
that the Commission submit both a proposal on the order in which the 
Commission will consider final rulemakings and a proposed 
implementation plan to the Federal Register to allow the public to 
comment before we begin to consider final rules. Once we receive and 
review comments, a final rulemaking and implementation schedule should 
be published in the Federal Register. This level of transparency will 
give the market a clear picture of how the Commission intends to 
proceed, and how we can be held accountable as we undertake this 
massive regulatory overhaul. It will also provide the market with 
certainty market participants need to make the critical investment 
decisions necessary to be in compliance with the rules upon 
implementation. Finally, this type of transparency will help guide the 
Commission's decision regarding when to make critical investments in 
advanced technology that are necessary for us to effectively oversee 
the futures, options, and swaps markets.
    The more thoughtful, deliberate, and transparent our sequencing and 
implementation processes are, the more orderly this Commission's 
regulation of the swaps market will be.

[FR Doc. 2011-10158 Filed 4-25-11; 8:45 am]
BILLING CODE 8011-01-P; 6351-01-P

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