Modifications of Certain Derivative Contracts; Correction, 51878 [2011-21179]

Download as PDF 51878 Federal Register / Vol. 76, No. 161 / Friday, August 19, 2011 / Rules and Regulations between 9 a.m. and 4 p.m., Monday through Friday. DEPARTMENT OF THE TREASURY 1. Petition from TearScience, Inc., August 6, 2010. Internal Revenue Service List of Subjects in 21 CFR Part 886 [TD 9538] Medical devices. Therefore, under the Federal Food, Drug, and Cosmetic Act and under authority delegated to the Commissioner of Food and Drugs, 21 CFR part 886 is amended as follows: PART 886—OPHTHALMIC DEVICES 1. The authority citation for 21 CFR part 886 continues to read as follows: ■ 2. Section 886.5200 is added to subpart F to read as follows: ■ wreier-aviles on DSKDVH8Z91PROD with RULES Eyelid thermal pulsation (a) Identification. An eyelid thermal pulsation system is an electricallypowered device intended for use in the application of localized heat and pressure therapy to the eyelids. The device is used in adult patients with chronic cystic conditions of the eyelids, including meibomian gland dysfunction (MGD), also known as evaporative dry eye or lipid deficiency dry eye. The system consists of a component that is inserted around the eyelids and a component to control the application of heat and pressure to the eyelids. (b) Classification. Class II (special controls). The special controls for this device are: (1) Appropriate analysis/testing should validate electromagnetic compatibility (EMC) and safety of exposure to non-ionizing radiation; (2) Design, description, and performance data should validate safeguards related to the temperature and pressure aspects of the device, including during fault conditions; (3) Performance data should demonstrate the sterility of patientcontacting components and the shelflife of these components; (4) The device should be demonstrated to be biocompatible; and (5) Performance data should demonstrate that any technological changes do not adversely effect safety and effectiveness. Dated: August 12, 2011. Nancy K. Stade, Deputy Director for Policy, Center for Devices and Radiological Health. [FR Doc. 2011–21195 Filed 8–18–11; 8:45 am] BILLING CODE 4160–01–P VerDate Mar<15>2010 13:34 Aug 18, 2011 Jkt 223001 RIN 1545–BK14 Modifications of Certain Derivative Contracts; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to final and temporary regulations. AGENCY: This document describes corrections to final and temporary regulations (TD 9538) that address when a transfer or assignment of certain derivative contracts does not result in an exchange to the nonassigning counterparty for purposes of § 1.1001– 1(a). These regulations were published in the Federal Register on Friday, July 22, 2011. DATES: This correction is effective on August 19, 2011, and is applicable on July 22, 2011. FOR FURTHER INFORMATION CONTACT: Andrea M. Hoffenson, (202) 622–3920 (not a toll-free number). SUPPLEMENTARY INFORMATION: SUMMARY: Authority: 21 U.S.C. 351, 360, 360c, 360e, 360j, 371. § 886.5200 system. 26 CFR Part 1 The final and temporary regulations that are the subject of this correction are under section 1001 of the Internal Revenue Code. Need for Correction As published July 22, 2011 (76 FR 43892), final and temporary regulations (TD 9538) contain errors that may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the publication of the final and temporary regulations (TD 9538) which were the subject of FR Doc. 2011–18529 is corrected as follows: 1. On page 43892, column 3, in the preamble, under the paragraph heading ‘‘Explanation of Provisions’’, first paragraph of the column, lines 5, 6, and 7, the language ‘‘in securities or a clearinghouse transfers or assigns a derivative contract to another dealer in securities or’’ is corrected to read ‘‘or a clearinghouse transfers or assigns a derivative contract to another dealer or’’. 2. On page 43892, column 3, in the preamble, under the paragraph heading ‘‘Explanation of Provisions’’, first paragraph of the column, lines 12 and 13, the language ‘‘those described in Frm 00010 LaNita Van Dyke, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2011–21179 Filed 8–18–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9538] RIN 1545–BK14 Modifications of Certain Derivative Contracts; Correction Internal Revenue Service (IRS), Treasury. ACTION: Correcting amendment. AGENCY: Background PO 00000 section 475(c)(2)(D), 475(c)(2)(E), or 475(c)(2)(F). In addition,’’ is corrected to read ‘‘those described in sections 475(c)(2)(D), 475(c)(2)(E), 475(c)(2)(F), 475(e)(2)(B), 475(e)(2)(C), or 475(e)(2)(D), or § 1.446–3(c)(1). In addition,’’. 3. On page 43892, column 3, in the preamble, under the paragraph heading ‘‘Special Analyses’’, the last line of the paragraph, the language ‘‘on their impact on small business.’’ is corrected to read ‘‘on their impact on small businesses.’’. Fmt 4700 Sfmt 4700 This document describes correcting amendments to final and temporary regulations (TD 9538) that address when a transfer or assignment of certain derivative contracts does not result in an exchange to the nonassigning counterparty for purposes. These regulations were published in the Federal Register on Friday, July 22, 2011. DATES: This correction is effective on August 19, 2011, and is applicable beginning July 22, 2011. FOR FURTHER INFORMATION CONTACT: Andrea M. Hoffenson, (202) 622–3920 (not a toll-free number). SUPPLEMENTARY INFORMATION: SUMMARY: Background The final and temporary regulations that are the subject of this correction are under section 1001 of the Internal Revenue Code. Need for Correction As published July 22, 2011 (76 FR 43892), the final and temporary regulations (TD 9538) contain errors that may prove to be misleading and are in need of clarification. E:\FR\FM\19AUR1.SGM 19AUR1

Agencies

[Federal Register Volume 76, Number 161 (Friday, August 19, 2011)]
[Rules and Regulations]
[Page 51878]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-21179]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9538]
RIN 1545-BK14


Modifications of Certain Derivative Contracts; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final and temporary regulations.

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SUMMARY: This document describes corrections to final and temporary 
regulations (TD 9538) that address when a transfer or assignment of 
certain derivative contracts does not result in an exchange to the 
nonassigning counterparty for purposes of Sec.  1.1001-1(a). These 
regulations were published in the Federal Register on Friday, July 22, 
2011.

DATES: This correction is effective on August 19, 2011, and is 
applicable on July 22, 2011.

FOR FURTHER INFORMATION CONTACT: Andrea M. Hoffenson, (202) 622-3920 
(not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final and temporary regulations that are the subject of this 
correction are under section 1001 of the Internal Revenue Code.

Need for Correction

    As published July 22, 2011 (76 FR 43892), final and temporary 
regulations (TD 9538) contain errors that may prove to be misleading 
and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final and temporary regulations 
(TD 9538) which were the subject of FR Doc. 2011-18529 is corrected as 
follows:
    1. On page 43892, column 3, in the preamble, under the paragraph 
heading ``Explanation of Provisions'', first paragraph of the column, 
lines 5, 6, and 7, the language ``in securities or a clearinghouse 
transfers or assigns a derivative contract to another dealer in 
securities or'' is corrected to read ``or a clearinghouse transfers or 
assigns a derivative contract to another dealer or''.
    2. On page 43892, column 3, in the preamble, under the paragraph 
heading ``Explanation of Provisions'', first paragraph of the column, 
lines 12 and 13, the language ``those described in section 
475(c)(2)(D), 475(c)(2)(E), or 475(c)(2)(F). In addition,'' is 
corrected to read ``those described in sections 475(c)(2)(D), 
475(c)(2)(E), 475(c)(2)(F), 475(e)(2)(B), 475(e)(2)(C), or 
475(e)(2)(D), or Sec.  1.446-3(c)(1). In addition,''.
    3. On page 43892, column 3, in the preamble, under the paragraph 
heading ``Special Analyses'', the last line of the paragraph, the 
language ``on their impact on small business.'' is corrected to read 
``on their impact on small businesses.''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-21179 Filed 8-18-11; 8:45 am]
BILLING CODE 4830-01-P