Amendment of Class D Airspace; Cocoa Beach, FL, 21662-21663 [2012-8558]
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Federal Register / Vol. 77, No. 70 / Wednesday, April 11, 2012 / Rules and Regulations
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to U.S. financial stability. The analytic
framework consisting of the six categories set
forth above, and the metrics used to measure
each of the six categories, will assist the
Council in assessing the extent to which the
transmission of material financial distress is
likely to occur.
Each nonbank financial company in the
Stage 3 Pool will receive a notice (a ‘‘Notice
of Consideration’’) that the nonbank financial
company is under consideration for a
Proposed Determination. The Notice of
Consideration likely will include a request
that the nonbank financial company provide
information that the Council deems relevant
to the Council’s evaluation, and the nonbank
financial company will be provided an
opportunity to submit written materials to
the Council.7 This information will generally
be collected by the OFR.8 Before requiring
the submission of reports from any nonbank
financial company that is regulated by a
member agency or any primary financial
regulatory agency, the Council, acting
through the OFR, will coordinate with such
agencies and will, whenever possible, rely on
information available from the OFR or such
agencies. Council members and their
agencies and staffs will maintain the
confidentiality of such information in
accordance with applicable law.
Information requests likely will involve
both qualitative and quantitative data.
Information relevant to the Council’s analysis
may include confidential business
information such as internal assessments,
internal risk management procedures,
funding details, counterparty exposure or
position data, strategic plans, resolvability,
potential acquisitions or dispositions, and
other anticipated changes to the nonbank
financial company’s business or structure
that could affect the threat to U.S. financial
stability posed by the nonbank financial
company.
In evaluating qualitative factors during
Stage 3, the Council expects to have access,
to a greater degree than during earlier stages
of review, to information relating to factors
that are not easily quantifiable or that may
not directly cause a company to pose a threat
to financial stability, but could mitigate or
aggravate the potential of a nonbank financial
company to pose a threat to the United
States. Such factors may include the opacity
of the nonbank financial company’s
operations, its complexity, and the extent to
which it is subject to existing regulatory
scrutiny and the nature of such scrutiny.
The Stage 3 analysis will also include an
evaluation of a nonbank financial company’s
resolvability, which may mitigate or
aggravate the potential of a nonbank financial
company to pose a threat to U.S. financial
stability. An evaluation of a nonbank
financial company’s resolvability entails an
assessment of the complexity of the nonbank
7 See
section 1310.21(a) of the rule.
section 112(d) of the Dodd-Frank Act, if
the Council is unable to determine whether a U.S.
nonbank financial company poses a threat to U.S.
financial stability based on such information, the
Council may request that the Board of Governors
conduct an examination of the nonbank financial
company to determine whether it should be
supervised by the Board of Governors.
8 Under
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14:48 Apr 10, 2012
Jkt 226001
financial company’s legal, funding, and
operational structure, and any obstacles to
the rapid and orderly resolution of the
nonbank financial company in a manner that
would mitigate the risk that the nonbank
financial company’s failure would have a
material adverse effect on financial stability.
In addition to the factors described above, a
nonbank financial company’s resolvability is
also a function of legal entity and crossborder operations issues. These factors
include the ability to separate functions and
spin off services or business lines; the
likelihood of preserving franchise value in a
recovery or resolution scenario, and of
maintaining continuity of critical services
within the existing or in a new legal entity
or structure; the degree of the nonbank
financial company’s intra-group dependency
for liquidity and funding, payment operation,
and risk management needs; and the size and
nature of the nonbank financial company’s
intra-group transactions.
The Council anticipates that the
information necessary to conduct an in-depth
analysis of a particular nonbank financial
company may vary significantly based on the
nonbank financial company’s business and
activities and the information already
available to the Council from existing public
sources and domestic or foreign regulatory
authorities. The Council will also consult
with the primary financial regulatory agency,
if any, for each nonbank financial company
or subsidiary of a nonbank financial
company under consideration in a timely
manner before the Council makes any final
determination with respect to such nonbank
financial company, and with appropriate
foreign regulatory authorities, to the extent
appropriate.
Before making a Proposed Determination,
the Council intends to notify each nonbank
financial company in the Stage 3 Pool when
the Council believes that the evidentiary
record regarding such nonbank financial
company is complete.
Based on the analysis performed in Stages
2 and 3, a nonbank financial company will
be considered for a Proposed Determination.
Before a vote of the Council with respect to
a particular nonbank financial company, the
Council members will review information
relevant to the consideration of the nonbank
financial company for a Proposed
Determination. After this review, the Council
may, by a vote of two-thirds of its members
(including an affirmative vote of the Council
Chairperson), make a Proposed
Determination with respect to the nonbank
financial company. Following a Proposed
Determination, the Council intends to issue
a written notice of the Proposed
Determination to the nonbank financial
company, which will include an explanation
of the basis of the Proposed Determination.
The Council expects to notify any nonbank
financial company in the Stage 3 Pool if the
nonbank financial company, either before or
after a Proposed Determination of such
nonbank financial company, ceases to be
considered for determination. Any nonbank
financial company that ceases to be
considered at any time in the Council’s
determination process may be considered for
a Proposed Determination in the future at the
Council’s discretion.
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Sfmt 4700
A nonbank financial company that is
subject to a Proposed Determination may
request a nonpublic hearing to contest the
Proposed Determination in accordance with
section 113(e) of the Dodd-Frank Act. If the
nonbank financial company requests a
hearing in accordance with the procedures
set forth in § 1310.21(c) of the Council’s
rule,9 the Council will set a time and place
for such hearing. The Council will (after a
hearing, if a hearing is requested), determine
by a vote of two-thirds of the voting members
of the Council (including the affirmative vote
of the Chairperson) whether to subject such
company to supervision by the Board of
Governors and prudential standards. The
Council will provide the nonbank financial
company with written notice of the Council’s
final determination, including an explanation
of the basis for the Council’s decision. When
practicable and consistent with the purposes
of the determination process, the Council
intends to provide a nonbank financial
company with a notice of a final
determination at least one business day
before publicly announcing the
determination pursuant to § 1310.21(d)(3),
§ 1310.21(e)(3) or § 1310.22(d)(3) of the
Council’s rule.10 The Council does not intend
to publicly announce the name of any
nonbank financial company that is under
evaluation for a determination prior to a final
determination with respect to such company.
In accordance with section 113(h) of the
Dodd-Frank Act, a nonbank financial
company that is subject to a final
determination may bring an action in U.S.
district court for an order requiring that the
determination be rescinded.
Dated: April 3, 2012.
Rebecca Ewing,
Acting Executive Secretary, Department of
the Treasury.
[FR Doc. 2012–8627 Filed 4–10–12; 8:45 am]
BILLING CODE 4810–25–P–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2012–0099; Airspace
Docket No. 12–ASO–11]
Amendment of Class D Airspace;
Cocoa Beach, FL
Federal Aviation
Administration (FAA), DOT.
ACTION: Final rule, technical
amendment.
AGENCY:
This action amends Class D
airspace at Cape Canaveral Skid Strip,
Cocoa Beach, FL, by correcting the
geographic coordinates of the airport to
aid in the navigation of our National
Airspace System and by removing the
SUMMARY:
9 See
12 CFR 1310.21(c).
12 CFR 1310.21(d)(3), 1310.21(e)(3) and
1310.22(d)(3).
10 See
E:\FR\FM\11APR1.SGM
11APR1
Federal Register / Vol. 77, No. 70 / Wednesday, April 11, 2012 / Rules and Regulations
reference of St. Petersburg Automated
Flight Service Station from the
descriptor. This action enhances the
safety and management of Instrument
Flight Rules (IFR) operations for
standard instrument approach
procedures at the airport.
DATES: Effective 0901 UTC, May 31,
2012. The Director of the Federal
Register approves this incorporation by
reference action under title 1, Code of
Federal Regulations, part 51, subject to
the annual revision of FAA Order
7400.9 and publication of conforming
amendments.
FOR FURTHER INFORMATION CONTACT: John
Fornito, Operations Support Group,
Eastern Service Center, Federal Aviation
Administration, P.O. Box 20636,
Atlanta, Georgia 30320; telephone (404)
305–6364.
SUPPLEMENTARY INFORMATION:
wreier-aviles on DSK5TPTVN1PROD with RULES
History
The FAA received notice from the
National Aeronautical Navigation
Services (NANS) that St. Petersburg
Automated Flight Service Station has
closed and its reference should be
updated in the descriptor of Cape
Canaveral Skid Strip, Cocoa Beach, FL.
Also, the geographic coordinates for the
airport need correcting to coincide with
the FAAs aeronautical database.
Class D airspace designations are
published in Paragraphs 5000, of FAA
Order 7400.9V dated August 9, 2011,
and effective September 15, 2011, which
is incorporated by reference in 14 CFR
part 71.1. The Class D airspace
designations listed in this document
will be published subsequently in the
Order.
The Rule
This amendment to Title 14, Code of
Federal Regulations (14 CFR) part 71
amends Class D airspace at Cocoa
Beach, FL. The geographic coordinates
of the Cape Canaveral Skid Strip are
corrected to coincide with the FAAs
aeronautical database and St. Petersburg
Automated Flight Service Station will
be removed from the descriptor.
Accordingly, since this is an
administrative change, and does not
involve a change in the dimensions or
operating requirements of that airspace,
notice and public procedures under 5
U.S.C. 553 (b) are unnecessary.
The FAA has determined that this
regulation only involves an established
body of technical regulations for which
frequent and routine amendments are
necessary to keep them operationally
current, is non-controversial and
unlikely to result in adverse or negative
comments. It, therefore, (1) is not a
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14:48 Apr 10, 2012
Jkt 226001
‘‘significant regulatory action’’ under
Executive Order 12866; (2) is not a
‘‘significant rule’’ under DOT
Regulatory Policies and Procedures
(44 FR 11034; February 26, 1979); and
(3) does not warrant preparation of a
Regulatory Evaluation as the anticipated
impact is so minimal. Since this is a
routine matter that will only affect air
traffic procedures and air navigation, it
is certified that this rule, when
promulgated, will not have a significant
economic impact on a substantial
number of small entities under the
criteria of the Regulatory Flexibility Act.
The FAA’s authority to issue rules
regarding aviation safety is found in
Title 49 of the United States Code.
Subtitle I, Section 106 describes the
authority of the FAA Administrator.
Subtitle VII, Aviation Programs,
describes in more detail the scope of the
agency’s authority.
This rulemaking is promulgated
under the authority described in
Subtitle VII, Part A, Subpart I, Section
40103. Under that section, the FAA is
charged with prescribing regulations to
assign the use of airspace necessary to
ensure the safety of aircraft and the
efficient use of airspace. This regulation
is within the scope of that authority as
it establishes and amends controlled
airspace at Cape Canaveral Skid Strip,
Cocoa Beach FL.
Lists of Subjects in 14 CFR Part 71
Airspace, Incorporation by reference,
Navigation (air).
Adoption of the Amendment
In consideration of the foregoing, the
Federal Aviation Administration
amends 14 CFR part 71 as follows:
PART 71—DESIGNATION OF CLASS A,
B, C, D AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND
REPORTING POINTS
1. The authority citation for part 71
continues to read as follows:
■
Authority: 49 U.S.C. 106(g); 40103, 40113,
40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959–
1963 Comp., p. 389.
§ 71.1
[Amended]
2. The incorporation by reference in
14 CFR 71.1 of Federal Aviation
Administration Order 7400.9V, Airspace
Designations and Reporting Points,
dated August 9, 2011, and effective
September 15, 2011, is amended as
follows:
■
Paragraph 5000
Class D airspace.
*
*
*
*
*
ASO FL D Cocoa Beach, FL [Amended]
Cape Canaveral Skid Strip, FL
PO 00000
Frm 00041
Fmt 4700
Sfmt 4700
21663
(Lat. 28°28′04″ N., long. 80°34′01″ W.)
That airspace extending upward from the
surface to and including 2,500 feet MSL
within a 4.4-mile radius of the Cape
Canaveral Skid Strip. This airspace lies
within the confines of R–2932 and is
effective on a random basis. The effective
days and times are continuously available
from Miami Automated Flight Service
Station.
Issued in College Park, Georgia, on March
30, 2012.
Barry A . Knight,
Manager, Operations Support Group, Eastern
Service Center, Air Traffic Organization.
[FR Doc. 2012–8558 Filed 4–10–12; 8:45 am]
BILLING CODE 4910–13–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R04–OAR–2010–0255; FRL–9657–4]
Air Quality Implementation Plans;
Kentucky; Attainment Plan for the
Kentucky Portion of the HuntingtonAshland 1997 Annual PM2.5
Nonattainment Area
Environmental Protection
Agency (EPA).
ACTION: Final rule.
AGENCY:
EPA is taking final action to
approve a revision to the Kentucky state
implementation plan (SIP) submitted by
the Commonwealth of Kentucky,
through the Kentucky Energy and
Environment Cabinet, Division for Air
Quality (DAQ), to EPA on December 3,
2008, for the purpose of providing for
attainment of the 1997 fine particulate
matter (PM2.5) national ambient air
quality standards (NAAQS) in the
Kentucky portion of the HuntingtonAshland, West Virginia-Kentucky-Ohio
PM2.5 nonattainment area (hereafter
referred to as the ‘‘Huntington-Ashland
Area’’ or ‘‘Area’’). The HuntingtonAshland Area is comprised of Boyd
County and a portion of Lawrence
County in Kentucky; Cabell and Wayne
Counties and a portion of Mason County
in West Virginia; and Lawrence and
Scioto Counties and portions of Adams
and Gallia Counties in Ohio. The
Kentucky plan at issue in this action
(hereafter referred to as the ‘‘PM2.5
attainment plan’’) pertains only to the
Kentucky portion of the HuntingtonAshland Area. As proposed on January
30, 2012, EPA is approving Kentucky’s
PM2.5 attainment plan, which includes
an attainment demonstration;
reasonably available control technology
(RACT) and reasonably available control
measures (RACM); reasonable further
SUMMARY:
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11APR1
Agencies
[Federal Register Volume 77, Number 70 (Wednesday, April 11, 2012)]
[Rules and Regulations]
[Pages 21662-21663]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-8558]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA-2012-0099; Airspace Docket No. 12-ASO-11]
Amendment of Class D Airspace; Cocoa Beach, FL
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Final rule, technical amendment.
-----------------------------------------------------------------------
SUMMARY: This action amends Class D airspace at Cape Canaveral Skid
Strip, Cocoa Beach, FL, by correcting the geographic coordinates of the
airport to aid in the navigation of our National Airspace System and by
removing the
[[Page 21663]]
reference of St. Petersburg Automated Flight Service Station from the
descriptor. This action enhances the safety and management of
Instrument Flight Rules (IFR) operations for standard instrument
approach procedures at the airport.
DATES: Effective 0901 UTC, May 31, 2012. The Director of the Federal
Register approves this incorporation by reference action under title 1,
Code of Federal Regulations, part 51, subject to the annual revision of
FAA Order 7400.9 and publication of conforming amendments.
FOR FURTHER INFORMATION CONTACT: John Fornito, Operations Support
Group, Eastern Service Center, Federal Aviation Administration, P.O.
Box 20636, Atlanta, Georgia 30320; telephone (404) 305-6364.
SUPPLEMENTARY INFORMATION:
History
The FAA received notice from the National Aeronautical Navigation
Services (NANS) that St. Petersburg Automated Flight Service Station
has closed and its reference should be updated in the descriptor of
Cape Canaveral Skid Strip, Cocoa Beach, FL. Also, the geographic
coordinates for the airport need correcting to coincide with the FAAs
aeronautical database.
Class D airspace designations are published in Paragraphs 5000, of
FAA Order 7400.9V dated August 9, 2011, and effective September 15,
2011, which is incorporated by reference in 14 CFR part 71.1. The Class
D airspace designations listed in this document will be published
subsequently in the Order.
The Rule
This amendment to Title 14, Code of Federal Regulations (14 CFR)
part 71 amends Class D airspace at Cocoa Beach, FL. The geographic
coordinates of the Cape Canaveral Skid Strip are corrected to coincide
with the FAAs aeronautical database and St. Petersburg Automated Flight
Service Station will be removed from the descriptor. Accordingly, since
this is an administrative change, and does not involve a change in the
dimensions or operating requirements of that airspace, notice and
public procedures under 5 U.S.C. 553 (b) are unnecessary.
The FAA has determined that this regulation only involves an
established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current, is
non-controversial and unlikely to result in adverse or negative
comments. It, therefore, (1) is not a ``significant regulatory action''
under Executive Order 12866; (2) is not a ``significant rule'' under
DOT Regulatory Policies and Procedures (44 FR 11034; February 26,
1979); and (3) does not warrant preparation of a Regulatory Evaluation
as the anticipated impact is so minimal. Since this is a routine matter
that will only affect air traffic procedures and air navigation, it is
certified that this rule, when promulgated, will not have a significant
economic impact on a substantial number of small entities under the
criteria of the Regulatory Flexibility Act.
The FAA's authority to issue rules regarding aviation safety is
found in Title 49 of the United States Code. Subtitle I, Section 106
describes the authority of the FAA Administrator. Subtitle VII,
Aviation Programs, describes in more detail the scope of the agency's
authority.
This rulemaking is promulgated under the authority described in
Subtitle VII, Part A, Subpart I, Section 40103. Under that section, the
FAA is charged with prescribing regulations to assign the use of
airspace necessary to ensure the safety of aircraft and the efficient
use of airspace. This regulation is within the scope of that authority
as it establishes and amends controlled airspace at Cape Canaveral Skid
Strip, Cocoa Beach FL.
Lists of Subjects in 14 CFR Part 71
Airspace, Incorporation by reference, Navigation (air).
Adoption of the Amendment
In consideration of the foregoing, the Federal Aviation
Administration amends 14 CFR part 71 as follows:
PART 71--DESIGNATION OF CLASS A, B, C, D AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND REPORTING POINTS
0
1. The authority citation for part 71 continues to read as follows:
Authority: 49 U.S.C. 106(g); 40103, 40113, 40120; E.O. 10854, 24
FR 9565, 3 CFR, 1959-1963 Comp., p. 389.
Sec. 71.1 [Amended]
0
2. The incorporation by reference in 14 CFR 71.1 of Federal Aviation
Administration Order 7400.9V, Airspace Designations and Reporting
Points, dated August 9, 2011, and effective September 15, 2011, is
amended as follows:
Paragraph 5000 Class D airspace.
* * * * *
ASO FL D Cocoa Beach, FL [Amended]
Cape Canaveral Skid Strip, FL
(Lat. 28[deg]28'04'' N., long. 80[deg]34'01'' W.)
That airspace extending upward from the surface to and including
2,500 feet MSL within a 4.4-mile radius of the Cape Canaveral Skid
Strip. This airspace lies within the confines of R-2932 and is
effective on a random basis. The effective days and times are
continuously available from Miami Automated Flight Service Station.
Issued in College Park, Georgia, on March 30, 2012.
Barry A . Knight,
Manager, Operations Support Group, Eastern Service Center, Air Traffic
Organization.
[FR Doc. 2012-8558 Filed 4-10-12; 8:45 am]
BILLING CODE 4910-13-P