Performance of Registration Functions by National Futures Association With Respect To Swap Dealers and Major Swap Participants, 2708-2709 [2012-791]
Download as PDF
<![CDATA[
2708
Federal Register / Vol. 77, No. 12 / Thursday, January 19, 2012 / Notices
project area’s largest harassment zone.
Pinnipeds may occasionally haul out in
areas closer to the proposed project, but
not with any regularity. Marine
mammals approaching the action area
would likely be traveling or
opportunistically foraging. The amount
of take NMFS proposes to authorize, is
considered small (less than one percent)
relative to the estimated populations of
91,000 harbor seals, 250,000 gray seals,
89,054 harbor porpoises, and 63,000
Atlantic white-sided dolphins. Marine
mammals may be temporarily adversely
impacted by pile driving noise.
However, some marine mammals are
expected to avoid the area when pile
driving is occurring, thereby reducing
exposure and impacts, and mitigation
will further ensure that injury is
unlikely to occur (although it would not
be expected even in the absence of
mitigation given the source levels,
density of animals in the area, and short
duration of the activities). Pile driving
activities are expected to occur for about
7–12 days total (up to 180 minutes per
day). There is no anticipated effect on
annual rates of recruitment or survival
of affected marine mammals. Based on
the application and subsequent analysis,
the impact of the described pile driving
operations may result in, at most, shortterm modification of behavior by small
numbers of marine mammals within the
action area. Marine mammals may avoid
the area or temporarily alter their
behavior at time of exposure.
Based on the analysis contained
herein of the likely effects of the
specified activity on marine mammals
and their habitat, and taking into
consideration the implementation of the
mitigation and monitoring measures,
NMFS preliminarily determines that
ORPC’s proposed pile driving activities
will result in the incidental take of
small numbers of marine mammals, by
Level B harassment only, and that the
total taking will have a negligible
impact on the affected species or stocks.
Impact on Availability of Affected
Species for Taking for Subsistence Uses
mstockstill on DSK4VPTVN1PROD with NOTICES
There are no relevant subsistence uses
of marine mammals implicated by this
action.
Endangered Species Act (ESA)
No marine mammal species listed
under the ESA are anticipated to occur
within the action area. Therefore, no
effects to listed species are expected and
section 7 consultation under the ESA is
not required.
VerDate Mar<15>2010
16:21 Jan 18, 2012
Jkt 226001
National Environmental Policy Act
(NEPA)
In compliance with the National
Environmental Policy Act of 1969 (42
U.S.C. 4321 et seq.), as implemented by
the regulations published by the
Council on Environmental Quality (40
CFR parts 1500–1508), and NOAA
Administrative Order 216–6, NMFS is
preparing an Environmental Assessment
(EA) to consider the environmental
impacts of issuance of a one-year IHA.
Upon completion, this EA will be
available on the NMFS Web site listed
in the beginning of this document (see
ADDRESSES).
Dated: January 13, 2012.
James H. Lecky,
Director, Office of Protected Resources,
National Marine Fisheries Service.
[FR Doc. 2012–991 Filed 1–18–12; 8:45 am]
BILLING CODE 3510–22–P
COMMODITY FUTURES TRADING
COMMISSION
Performance of Registration Functions
by National Futures Association With
Respect To Swap Dealers and Major
Swap Participants
Commodity Futures Trading
Commission.
ACTION: Notice and Order.
AGENCY:
The Commodity Futures
Trading Commission (Commission) is
authorizing the National Futures
Association (NFA), effective January 19,
2012, in accordance with the standards
established by the Commodity Exchange
Act (CEA) and the Commission’s
regulations issued thereunder, to take
the following actions: To process and
grant applications for registration and
withdrawals of registration with respect
to swap dealers (SDs) and major swap
participants (MSPs), and to notify of
provisional registration; to confirm
initial compliance with requirements
applicable to SDs and MSPs under CEA
Section 4s; to conduct proceedings to
deny, condition, suspend, restrict or
revoke the registration of any SD or MSP
or of any applicant for registration in
either category; to maintain records
regarding SDs and MSPs; and to serve
as the official custodian of those
Commission records.
DATES: Effective date: January 19, 2012.
FOR FURTHER INFORMATION CONTACT:
Barbara S. Gold, Associate Director,
Christopher W. Cummings, Special
Counsel, or Elizabeth Miller, AttorneyAdvisor, Division of Swap Dealer and
Intermediary Oversight, 1155 21st Street
NW., Washington, DC 20581. Telephone
SUMMARY:
PO 00000
Frm 00025
Fmt 4703
Sfmt 4703
Number: (202) 418–6700 and electronic
mail: bgold@cftc.gov,
ccummings@cftc.gov, or
emiller@cftc.gov.
SUPPLEMENTARY INFORMATION
I. Authority and Background
In a separate document published
elsewhere in today’s Federal Register,
the Commission is issuing final
regulations regarding the registration
process for SDs and MSPs. These final
regulations follow the publication of
proposed regulations on November 23,
2010,1 and they implement the
registration requirements for SDs and
MSPs set forth in the Dodd-Frank Wall
Street Reform and Consumer Protection
Act (Dodd-Frank Act).2 Specifically,
Section 731 of the Dodd-Frank Act
added Sections 4s(a) and 4s(b) to the
CEA 3 to provide for the registration of
SDs and MSPs in pertinent part as
follows:
(a) REGISTRATION.—
(1) SWAP DEALERS.—It shall be
unlawful for any person to act as a swap
dealer unless the person is registered as
a swap dealer with the Commission.
(2) MAJOR SWAP PARTICIPANTS.—
It shall be unlawful for any person to act
as a major swap participant unless the
person is registered as a major swap
participant with the Commission.
(b) REQUIREMENTS.—
(1) IN GENERAL.—A person shall
register as a swap dealer or major swap
participant by filing a registration
application with the Commission.
(2) CONTENTS.—
(A). IN GENERAL.—The application
shall be made in such form and manner
as prescribed by the Commission, and
shall contain such information, as the
Commission considers necessary
concerning the business in which the
applicant is or will be engaged.
Pursuant to CEA Sections 4s(a) and
4s(b), then, the Commission is today
issuing Regulations 23.21(a) and
23.21(b), which respectively subject
each person who meets the definition of
an SD or MSP to the registration
provisions under the CEA and to Part 3
of the Commission’s regulations.4
1 75
FR 71379.
Law 111–203, 124 Stat. 1376 (2010). The
text of the Dodd-Frank Act may be accessed through
the Commission’s Web site, https://www.cftc.gov.
3 The CEA and the Commission’s regulations
issued thereunder similarly may be accessed
through the Commission’s Web site.
4 Regulation 23.21(c) makes clear that each
affiliate of an insured depository institution
described in Dodd-Frank Act Section 716(c) is
subject to the registration provisions under the CEA
and Part 3 of the regulations as an SD, if the affiliate
is an SD, or as an MSP, if the affiliate is an MSP.
The Commission also is issuing today such
amendments to Part 3 of its regulations as may be
2 Public
E:\FR\FM\19JAN1.SGM
19JAN1
Federal Register / Vol. 77, No. 12 / Thursday, January 19, 2012 / Notices
mstockstill on DSK4VPTVN1PROD with NOTICES
Additionally, pursuant to CEA Sections
4p, 8a and 17, the Commission is
issuing Regulation 170.16, which
provides that each registered SD or MSP
must become and remain a member of
an RFA.
CEA Section 4s further directs the
Commission to adopt regulations
applicable to SDs and MSPs with
respect to the following areas: Capital
and margin, reporting and
recordkeeping, daily trading records,
business conduct standards,
documentation standards, duties, chief
compliance officer,5 and, with respect to
uncleared swaps, segregation.6
CEA Section 8a(10) provides that the
Commission may authorize any
person—including an RFA—to perform
any of the registration functions under
the CEA. Further, CEA Section 17(o)
provides that the Commission may
require an RFA to perform registration
functions under the CEA with respect to
its members.7 The Commission has
previously authorized NFA to perform
the full range of registration functions
with regard to applicants for and
persons registered as: A futures
commission merchant, commodity pool
operator or commodity trading advisor; 8
an introducing broker; 9 a leverage
transaction merchant; 10 a floor
broker; 11 a floor trader; 12 or a retail
foreign exchange dealer.13 By today’s
Order, the Commission is authorizing
NFA, in accordance with the standards
established by the CEA and the
Commission’s regulations issued
thereunder,14 to perform the full range
necessary to accommodate the registration of SDs
and MSPs thereunder.
5 Sections 4s(e) through 4s(k), respectively, added
to the CEA by Dodd-Frank Act Section 731.
6 Section 4s(l), added to the CEA by Dodd-Frank
Act Section 724(c).
7 Section 17(o)(1) excepts from this authority a
member who is a ‘‘registered entity.’’ CEA Section
1a(40) defines this term to include, among other
persons, a board of trade designated as a contract
market under CEA Section 5 and a swap execution
facility registered under CEA Section 5h.
Although CEA Section 17 provides that ‘[a]ny
association of persons may be registered with the
Commission as a registered futures association,’’ to
date, NFA is the sole association that has applied
for and has been granted registration as a futures
association with the Commission.
8 See 49 FR 39593 (Oct. 9, 1984).
9 See 48 FR 35158 (Aug. 3, 1983).
10 See 54 FR 19556 (May 8, 1989).
11 See 51 FR 34490 (Sep. 29, 1986).
12 See 58 FR 19657 (Apr. 15, 1993).
13 See 75 FR 55310 (Sep. 10, 2010).
14 See, e.g., 49 FR 8208 (Mar. 5, 1984), whereby,
among other things, the Commission: Amended Part
3 of its regulations, which concerns registration
under the CEA, by adopting a new Subpart C to
provide for denial, suspension or revocation of
registration; and amended Appendix A to Part 3, to
provide for interpretative advice with respect to
statutory disqualification under CEA Sections
8a(2)(C) and 8a(2)(E) and Sections 8a(3)(J) and
8a(3)(M).
VerDate Mar<15>2010
16:21 Jan 18, 2012
Jkt 226001
of registration functions under the CEA
and the Commission’s regulations with
regard to SDs and MSPs. It is also
authorizing NFA to notify an applicant
for registration as an SD or an MSP that
it is provisionally registered, and to
confirm the applicant’s initial
compliance with such regulations as the
Commission may adopt to implement
the requirements for SDs and MSPs in
CEA Sections 4s(e) through 4s(l).
The Commission further notes that it
has, by prior Orders, authorized NFA to
maintain various Commission
registration records, and has certified
NFA as the official custodian of such
records for the Commission.15 The
Commission has determined, in
accordance with its authority under
Section 8a(10) of the Act, to authorize
NFA to maintain and serve as the
official custodian of the Commission’s
registration records with respect to SDs
and MSPs.
In maintaining the Commission’s
registration records pursuant to this
Order, NFA shall remain subject to all
other requirements and obligations
imposed upon it by the Commission in
existing or future Orders or regulations.
In this regard, NFA shall also
implement such additional procedures
and shall modify existing procedures as
are necessary to ensure the security and
integrity of these records as may be
acceptable to the Commission; to
facilitate prompt access to these records
by the Commission and its staff; to
facilitate disclosure of public or
nonpublic information in these records
when permitted by Commission Orders
or regulations; to keep logs as required
by the Commission concerning
disclosures of nonpublic information;
and otherwise to safeguard the
confidentiality of the records.
II. Conclusion and Order
The Commission has determined,
pursuant to the provisions of CEA
Sections 8a(10) and 17(o), to authorize
NFA, effective January 19, 2012, to
perform the following registration
functions:
(1) To process and grant applications
for registration and withdrawals from
registration of swap dealers (SDs) and
major swap participants (MSPs), and to
notify of provisional registration;
(2) In connection with processing and
granting applications for registration of
SDs and MSPs, to confirm initial
compliance with such regulations as the
15 See,
e.g., 49 FR 39593 (Oct. 9, 1984) (regarding
the registration records of futures commission
merchants, commodity pool operators and
commodity trading advisors), and 75 FR 55310
(Sep. 10, 2010) (regarding the registration records of
retail foreign exchange dealers).
PO 00000
Frm 00026
Fmt 4703
Sfmt 9990
2709
Commission may adopt to implement
CEA Sections 4s(e) through 4s(k) and,
where applicable, CEA Section 4s(l);
(3) To conduct proceedings to deny,
condition, suspend, restrict or revoke
the registration of any SD or MSP or of
any applicant for registration in either
category; and
(4) To maintain records regarding SDs
and MSPs, and to serve as the official
custodian of those Commission records.
NFA shall perform these functions in
accordance with the standards
established by the CEA and the
Commission’s regulations issued
thereunder. NFA shall follow the same
procedures with respect to
recordkeeping, disclosure and tracking
of fitness investigations and adverse
action proceedings concerning SDs and
MSPs as it must follow in cases
involving other registrants.
These determinations are based upon
the Congressional intent expressed in
CEA Sections 4s(a), 4s(b), 8a(10), and
17(o). This Order does not, however,
authorize NFA to accept or act upon
requests for exemption from
registration, or to render ‘‘no-action’’ or
interpretative letters with respect to
applicable registration requirements.
Nothing in this Order, or in CEA
Section 8a(10) or 17(o), shall affect the
Commission’s authority to review the
performance by NFA of Commission
registration functions, to adopt and
enforce regulations applicable to SDs
and MSPs as Commission registrants,
and to conduct on-site examinations of
the operations and activities of SDs and
MSPs as Commission registrants.
Issued in Washington, DC, on January 11,
2012.
David A. Stawick,
Secretary of the Commission.
Appendices to Performance of
Registration Functions by National
Futures Association With Respect to
Swap Dealers and Major Swap
Participants—Commission Voting
Summary and Statements of
Commissioners
Note: The following appendices will not
appear in the Code of Federal Regulations
Appendix 1—Commission Voting
Summary
On this matter, Chairman Gensler and
Commissioners Sommers, Chilton, O’Malia
and Wetjen voted in the affirmative; no
Commissioner voted in the negative.
[FR Doc. 2012–791 Filed 1–18–12; 8:45 am]
BILLING CODE P
E:\FR\FM\19JAN1.SGM
19JAN1
]]>Agencies
[Federal Register Volume 77, Number 12 (Thursday, January 19, 2012)]
[Notices]
[Pages 2708-2709]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-791]
=======================================================================
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Performance of Registration Functions by National Futures
Association With Respect To Swap Dealers and Major Swap Participants
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice and Order.
-----------------------------------------------------------------------
SUMMARY: The Commodity Futures Trading Commission (Commission) is
authorizing the National Futures Association (NFA), effective January
19, 2012, in accordance with the standards established by the Commodity
Exchange Act (CEA) and the Commission's regulations issued thereunder,
to take the following actions: To process and grant applications for
registration and withdrawals of registration with respect to swap
dealers (SDs) and major swap participants (MSPs), and to notify of
provisional registration; to confirm initial compliance with
requirements applicable to SDs and MSPs under CEA Section 4s; to
conduct proceedings to deny, condition, suspend, restrict or revoke the
registration of any SD or MSP or of any applicant for registration in
either category; to maintain records regarding SDs and MSPs; and to
serve as the official custodian of those Commission records.
DATES: Effective date: January 19, 2012.
FOR FURTHER INFORMATION CONTACT: Barbara S. Gold, Associate Director,
Christopher W. Cummings, Special Counsel, or Elizabeth Miller,
Attorney-Advisor, Division of Swap Dealer and Intermediary Oversight,
1155 21st Street NW., Washington, DC 20581. Telephone Number: (202)
418-6700 and electronic mail: bgold@cftc.gov, ccummings@cftc.gov, or
emiller@cftc.gov.
SUPPLEMENTARY INFORMATION
I. Authority and Background
In a separate document published elsewhere in today's Federal
Register, the Commission is issuing final regulations regarding the
registration process for SDs and MSPs. These final regulations follow
the publication of proposed regulations on November 23, 2010,\1\ and
they implement the registration requirements for SDs and MSPs set forth
in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-
Frank Act).\2\ Specifically, Section 731 of the Dodd-Frank Act added
Sections 4s(a) and 4s(b) to the CEA \3\ to provide for the registration
of SDs and MSPs in pertinent part as follows:
---------------------------------------------------------------------------
\1\ 75 FR 71379.
\2\ Public Law 111-203, 124 Stat. 1376 (2010). The text of the
Dodd-Frank Act may be accessed through the Commission's Web site,
https://www.cftc.gov.
\3\ The CEA and the Commission's regulations issued thereunder
similarly may be accessed through the Commission's Web site.
---------------------------------------------------------------------------
(a) REGISTRATION.--
(1) SWAP DEALERS.--It shall be unlawful for any person to act as a
swap dealer unless the person is registered as a swap dealer with the
Commission.
(2) MAJOR SWAP PARTICIPANTS.--It shall be unlawful for any person
to act as a major swap participant unless the person is registered as a
major swap participant with the Commission.
(b) REQUIREMENTS.--
(1) IN GENERAL.--A person shall register as a swap dealer or major
swap participant by filing a registration application with the
Commission.
(2) CONTENTS.--
(A). IN GENERAL.--The application shall be made in such form and
manner as prescribed by the Commission, and shall contain such
information, as the Commission considers necessary concerning the
business in which the applicant is or will be engaged.
Pursuant to CEA Sections 4s(a) and 4s(b), then, the Commission is today
issuing Regulations 23.21(a) and 23.21(b), which respectively subject
each person who meets the definition of an SD or MSP to the
registration provisions under the CEA and to Part 3 of the Commission's
regulations.\4\
[[Page 2709]]
Additionally, pursuant to CEA Sections 4p, 8a and 17, the Commission is
issuing Regulation 170.16, which provides that each registered SD or
MSP must become and remain a member of an RFA.
---------------------------------------------------------------------------
\4\ Regulation 23.21(c) makes clear that each affiliate of an
insured depository institution described in Dodd-Frank Act Section
716(c) is subject to the registration provisions under the CEA and
Part 3 of the regulations as an SD, if the affiliate is an SD, or as
an MSP, if the affiliate is an MSP.
The Commission also is issuing today such amendments to Part 3
of its regulations as may be necessary to accommodate the
registration of SDs and MSPs thereunder.
---------------------------------------------------------------------------
CEA Section 4s further directs the Commission to adopt regulations
applicable to SDs and MSPs with respect to the following areas: Capital
and margin, reporting and recordkeeping, daily trading records,
business conduct standards, documentation standards, duties, chief
compliance officer,\5\ and, with respect to uncleared swaps,
segregation.\6\
---------------------------------------------------------------------------
\5\ Sections 4s(e) through 4s(k), respectively, added to the CEA
by Dodd-Frank Act Section 731.
\6\ Section 4s(l), added to the CEA by Dodd-Frank Act Section
724(c).
---------------------------------------------------------------------------
CEA Section 8a(10) provides that the Commission may authorize any
person--including an RFA--to perform any of the registration functions
under the CEA. Further, CEA Section 17(o) provides that the Commission
may require an RFA to perform registration functions under the CEA with
respect to its members.\7\ The Commission has previously authorized NFA
to perform the full range of registration functions with regard to
applicants for and persons registered as: A futures commission
merchant, commodity pool operator or commodity trading advisor; \8\ an
introducing broker; \9\ a leverage transaction merchant; \10\ a floor
broker; \11\ a floor trader; \12\ or a retail foreign exchange
dealer.\13\ By today's Order, the Commission is authorizing NFA, in
accordance with the standards established by the CEA and the
Commission's regulations issued thereunder,\14\ to perform the full
range of registration functions under the CEA and the Commission's
regulations with regard to SDs and MSPs. It is also authorizing NFA to
notify an applicant for registration as an SD or an MSP that it is
provisionally registered, and to confirm the applicant's initial
compliance with such regulations as the Commission may adopt to
implement the requirements for SDs and MSPs in CEA Sections 4s(e)
through 4s(l).
---------------------------------------------------------------------------
\7\ Section 17(o)(1) excepts from this authority a member who is
a ``registered entity.'' CEA Section 1a(40) defines this term to
include, among other persons, a board of trade designated as a
contract market under CEA Section 5 and a swap execution facility
registered under CEA Section 5h.
Although CEA Section 17 provides that `[a]ny association of
persons may be registered with the Commission as a registered
futures association,'' to date, NFA is the sole association that has
applied for and has been granted registration as a futures
association with the Commission.
\8\ See 49 FR 39593 (Oct. 9, 1984).
\9\ See 48 FR 35158 (Aug. 3, 1983).
\10\ See 54 FR 19556 (May 8, 1989).
\11\ See 51 FR 34490 (Sep. 29, 1986).
\12\ See 58 FR 19657 (Apr. 15, 1993).
\13\ See 75 FR 55310 (Sep. 10, 2010).
\14\ See, e.g., 49 FR 8208 (Mar. 5, 1984), whereby, among other
things, the Commission: Amended Part 3 of its regulations, which
concerns registration under the CEA, by adopting a new Subpart C to
provide for denial, suspension or revocation of registration; and
amended Appendix A to Part 3, to provide for interpretative advice
with respect to statutory disqualification under CEA Sections
8a(2)(C) and 8a(2)(E) and Sections 8a(3)(J) and 8a(3)(M).
---------------------------------------------------------------------------
The Commission further notes that it has, by prior Orders,
authorized NFA to maintain various Commission registration records, and
has certified NFA as the official custodian of such records for the
Commission.\15\ The Commission has determined, in accordance with its
authority under Section 8a(10) of the Act, to authorize NFA to maintain
and serve as the official custodian of the Commission's registration
records with respect to SDs and MSPs.
---------------------------------------------------------------------------
\15\ See, e.g., 49 FR 39593 (Oct. 9, 1984) (regarding the
registration records of futures commission merchants, commodity pool
operators and commodity trading advisors), and 75 FR 55310 (Sep. 10,
2010) (regarding the registration records of retail foreign exchange
dealers).
---------------------------------------------------------------------------
In maintaining the Commission's registration records pursuant to
this Order, NFA shall remain subject to all other requirements and
obligations imposed upon it by the Commission in existing or future
Orders or regulations. In this regard, NFA shall also implement such
additional procedures and shall modify existing procedures as are
necessary to ensure the security and integrity of these records as may
be acceptable to the Commission; to facilitate prompt access to these
records by the Commission and its staff; to facilitate disclosure of
public or nonpublic information in these records when permitted by
Commission Orders or regulations; to keep logs as required by the
Commission concerning disclosures of nonpublic information; and
otherwise to safeguard the confidentiality of the records.
II. Conclusion and Order
The Commission has determined, pursuant to the provisions of CEA
Sections 8a(10) and 17(o), to authorize NFA, effective January 19,
2012, to perform the following registration functions:
(1) To process and grant applications for registration and
withdrawals from registration of swap dealers (SDs) and major swap
participants (MSPs), and to notify of provisional registration;
(2) In connection with processing and granting applications for
registration of SDs and MSPs, to confirm initial compliance with such
regulations as the Commission may adopt to implement CEA Sections 4s(e)
through 4s(k) and, where applicable, CEA Section 4s(l);
(3) To conduct proceedings to deny, condition, suspend, restrict or
revoke the registration of any SD or MSP or of any applicant for
registration in either category; and
(4) To maintain records regarding SDs and MSPs, and to serve as the
official custodian of those Commission records.
NFA shall perform these functions in accordance with the standards
established by the CEA and the Commission's regulations issued
thereunder. NFA shall follow the same procedures with respect to
recordkeeping, disclosure and tracking of fitness investigations and
adverse action proceedings concerning SDs and MSPs as it must follow in
cases involving other registrants.
These determinations are based upon the Congressional intent
expressed in CEA Sections 4s(a), 4s(b), 8a(10), and 17(o). This Order
does not, however, authorize NFA to accept or act upon requests for
exemption from registration, or to render ``no-action'' or
interpretative letters with respect to applicable registration
requirements.
Nothing in this Order, or in CEA Section 8a(10) or 17(o), shall
affect the Commission's authority to review the performance by NFA of
Commission registration functions, to adopt and enforce regulations
applicable to SDs and MSPs as Commission registrants, and to conduct
on-site examinations of the operations and activities of SDs and MSPs
as Commission registrants.
Issued in Washington, DC, on January 11, 2012.
David A. Stawick,
Secretary of the Commission.
Appendices to Performance of Registration Functions by National Futures
Association With Respect to Swap Dealers and Major Swap Participants--
Commission Voting Summary and Statements of Commissioners
Note: The following appendices will not appear in the Code of
Federal Regulations
Appendix 1--Commission Voting Summary
On this matter, Chairman Gensler and Commissioners Sommers,
Chilton, O'Malia and Wetjen voted in the affirmative; no
Commissioner voted in the negative.
[FR Doc. 2012-791 Filed 1-18-12; 8:45 am]
BILLING CODE P
