Availability of Records; Correction, 61229 [2012-24773]

Download as PDF 61229 Rules and Regulations Federal Register Vol. 77, No. 195 Tuesday, October 9, 2012 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. § 1631.6 [Amended] 2. In § 1631.6, in paragraph (a)(3), revise ‘‘202–942–1776’’ to read ‘‘202– 942–1676’’. ■ Dated: October 1, 2012. James B. Petrick, General Counsel. [FR Doc. 2012–24773 Filed 10–5–12; 8:45 am] BILLING CODE 6760–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD DEPARTMENT OF THE TREASURY 5 CFR Part 1631 Office of the Comptroller of the Currency Availability of Records; Correction 12 CFR Part 9 Federal Retirement Thrift Investment Board. [Docket No. OCC–2011–0023] Direct final rule; correcting amendment. Short-Term Investment Funds AGENCY: I. Background RIN 1557–AD37 ACTION: The Federal Retirement Thrift Investment Board (Agency) published a direct final rule in the February 27, 2012, Federal Register, pursuant to the Privacy Act of 1974, as amended, to permit Freedom of Information Act (FOIA) requests via electronic mail and facsimile. The direct final rule was published with an incorrect facsimile number. This facsimile number publication was a technical error, and is hereby corrected. SUMMARY: Effective October 9, 2012 and is applicable beginning February 27, 2012. DATES: FOR FURTHER INFORMATION CONTACT: Erin F. Graham, (202)–942–1605. This document contains corrections to FRTIB regulations stemming from the direct final rule published in the February 27, 2012, Federal Register (77 FR 11384) and provides the correct facsimile number for FOIA requests. SUPPLEMENTARY INFORMATION: List of Subjects in 5 CFR Part 1631 wreier-aviles on DSK5TPTVN1PROD with RULES Courts, Freedom of information, Government employees. Accordingly, 5 CFR part 1631 is amended by making the following correcting amendment: PART 1631—AVAILABILITY OF RECORDS 1. The authority citation for part 1631 continues to read as follows: ■ Authority: 5 U.S.C. 552. VerDate Mar<15>2010 15:00 Oct 05, 2012 Jkt 229001 Office of the Comptroller of the Currency, Treasury (OCC). ACTION: Final rule. AGENCY: This final rule revises the requirements imposed on national banks pursuant to the OCC’s short-term investment fund (STIF) rule (STIF Rule). Regulations governing Federal savings associations (FSAs) require compliance with the national bank STIF Rule. The final rule adds safeguards designed to address the risk of loss to a STIF’s principal, including measures governing the nature of a STIF’s investments, ongoing monitoring of its mark-tomarket value and forecasting of potential changes in its mark-to-market value under adverse market conditions, greater transparency and regulatory reporting about a STIF’s holdings, and procedures to protect fiduciary accounts from undue dilution of their participating interests in the event that the STIF loses the ability to maintain a stable net asset value (NAV). DATES: The final rule is effective on July 1, 2013. Comments are solicited only on the Paperwork Reduction Act aspects of this final rule and must be submitted by November 8, 2012. ADDRESSES: Comments on the Paperwork Reduction Act aspects of this final rule should be directed to: Communications Division, Office of the Comptroller of the Currency, Mailstop 2–3, Attention: 1557–NEW, 250 E Street SW., Washington, DC 20219. In addition, comments may be sent by fax SUMMARY: PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 to (202) 874–5274 or by electronic mail to regs.comments@occ.treas.gov. FOR FURTHER INFORMATION CONTACT: Joel Miller, Group Leader, Asset Management (202) 874–4493, David Barfield, National Bank Examiner, Market Risk (202) 874–1829, Patrick T. Tierney, Counsel, Legislative and Regulatory Activities Division (202) 874–5090, Suzette H. Greco, Assistant Director, or Adam Trost, Senior Attorney, Securities and Corporate Practices Division (202) 874–5210, Office of the Comptroller of the Currency, 250 E Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: A. Short-Term Investment Funds A collective investment fund (CIF) is a bank-managed fund that holds pooled fiduciary assets that meet specific criteria established by the OCC fiduciary activities regulation at 12 CFR 9.18. Each CIF is established under a ‘‘Plan’’ that details the terms under which the bank manages and administers the fund’s assets. The bank acts as a fiduciary for the CIF and holds legal title to the fund’s assets. Participants in a CIF are the beneficial owners of the fund’s assets. Each participant owns an undivided interest in the aggregate assets of a CIF; a participant does not directly own any specific asset held by a CIF.1 A fiduciary account’s investment in a CIF is called a ‘‘participating interest.’’ Participating interests in a CIF are not insured by the Federal Deposit Insurance Corporation and are not subject to potential claims by a bank’s creditors. In addition, a participating interest in a CIF cannot be pledged or otherwise encumbered in favor of a third party. The general rule for valuation of a CIF’s assets specifies that a CIF admitting a fiduciary account (that is, allowing the fiduciary account, in effect, to purchase its proportionate interest in the assets of the CIF) or withdrawing the fiduciary account (that is, allowing the fiduciary account, in effect, to redeem the value of its proportionate interest in the CIF) may only do so on the basis of a valuation of the CIF’s assets, as of the admission or withdrawal date, based on the mark-to-market value of the CIF’s 1 12 CFR 9.18. E:\FR\FM\09OCR1.SGM 09OCR1

Agencies

[Federal Register Volume 77, Number 195 (Tuesday, October 9, 2012)]
[Rules and Regulations]
[Page 61229]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-24773]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 77, No. 195 / Tuesday, October 9, 2012 / 
Rules and Regulations

[[Page 61229]]



FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

5 CFR Part 1631


Availability of Records; Correction

AGENCY: Federal Retirement Thrift Investment Board.

ACTION: Direct final rule; correcting amendment.

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

SUMMARY: The Federal Retirement Thrift Investment Board (Agency) 
published a direct final rule in the February 27, 2012, Federal 
Register, pursuant to the Privacy Act of 1974, as amended, to permit 
Freedom of Information Act (FOIA) requests via electronic mail and 
facsimile. The direct final rule was published with an incorrect 
facsimile number. This facsimile number publication was a technical 
error, and is hereby corrected.

DATES: Effective October 9, 2012 and is applicable beginning February 
27, 2012.

FOR FURTHER INFORMATION CONTACT: Erin F. Graham, (202)-942-1605.

SUPPLEMENTARY INFORMATION: This document contains corrections to FRTIB 
regulations stemming from the direct final rule published in the 
February 27, 2012, Federal Register (77 FR 11384) and provides the 
correct facsimile number for FOIA requests.

List of Subjects in 5 CFR Part 1631

    Courts, Freedom of information, Government employees.

    Accordingly, 5 CFR part 1631 is amended by making the following 
correcting amendment:

PART 1631--AVAILABILITY OF RECORDS

0
1. The authority citation for part 1631 continues to read as follows:

    Authority:  5 U.S.C. 552.


Sec.  1631.6  [Amended]

0
2. In Sec.  1631.6, in paragraph (a)(3), revise ``202-942-1776'' to 
read ``202-942-1676''.

    Dated: October 1, 2012.
James B. Petrick,
General Counsel.
[FR Doc. 2012-24773 Filed 10-5-12; 8:45 am]
BILLING CODE 6760-01-P