Membership of the National Science Board's Senior Executive Service Performance Review Board, 61243-61244 [2015-25722]
Download as PDF
<![CDATA[
tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 196 / Friday, October 9, 2015 / Notices
this collection is scheduled to expire on
October 31, 2015. The DOL seeks to
extend PRA authorization for this
information collection for three (3) more
years, without any change to existing
requirements. The DOL notes that
existing information collection
requirements submitted to the OMB
receive a month-to-month extension
while they undergo review. For
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
May 15, 2015 (80 FR 28011).
Interested parties are encouraged to
send comments to the OMB, Office of
Information and Regulatory Affairs at
the address shown in the ADDRESSES
section within thirty (30) days of
publication of this notice in the Federal
Register. In order to help ensure
appropriate consideration, comments
should mention OMB Control Number
1220–0025. The OMB is particularly
interested in comments that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submission of
responses.
Agency: DOL–BLS.
Title of Collection: International Price
Program U.S. Import and Export Price
Indexes.
OMB Control Number: 1220–0025.
Affected Public: Private Sector—
businesses or other for profits.
Total Estimated Number of
Respondents: 7,950.
Total Estimated Number of
Responses: 46,950.
Total Estimated Annual Time Burden:
21,305 hours.
Total Estimated Annual Other Costs
Burden: $0.
Dated: October 5, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015–25740 Filed 10–8–15; 8:45 am]
BILLING CODE 4510–24–P
VerDate Sep<11>2014
17:44 Oct 08, 2015
Jkt 238001
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[Notice (15–090)]
NASA Advisory Council; Human
Exploration and Operations
Committee; Meeting
National Aeronautics and
Space Administration.
ACTION: Notice of meeting.
AGENCY:
In accordance with the
Federal Advisory Committee Act, Public
Law 92–463, as amended, the National
Aeronautics and Space Administration
(NASA) announces a meeting of the
Human Exploration and Operations
Committee of the NASA Advisory
Council (NAC). This Committee reports
to the NAC.
DATES: Wednesday, November 4, 2015,
8:30 a.m. to 3:30 p.m.; and Thursday,
November 5, 2015, 9:30 a.m. to 4:30
p.m., Local Time.
ADDRESSES: NASA Headquarters,
Executive Conference and ViTS Center,
Room 8Q40, 300 E Street SW.,
Washington, DC 20546.
FOR FURTHER INFORMATION CONTACT: Dr.
Bette Siegel, Human Exploration and
Operations Mission Directorate, NASA
Headquarters, Washington, DC 20546,
(202) 358–2245, or bette.siegel@
nasa.gov.
SUMMARY:
The
meeting will be open to the public up
to the seating capacity of the room. This
meeting is also available telephonically
and by WebEx. You must use a touch
tone phone to participate in this
meeting. Any interested person may dial
the toll free access number 1–888–455–
6733 or toll access number 1–210–839–
8935, and give the operator the
participant passcode: NAC HEOC, to
participate in this meeting by telephone.
The WebEx link is https://
nasa.webex.com/, the meeting number
is 990 944 162, and the password is
Exploration@2015 (case sensitive).
The agenda for the meeting includes
the following topics:
—Status of Exploration Systems
Development
—Status of the International Space
Station
—Status of Advanced Exploration
Systems
—Evolvable Mars Campaign
—Status of the Human Exploration and
Operations Mission Directorate
—Status of Commercial Crew
—SpaceX Commercial Crew
—Boeing Commercial Crew
Attendees will be required to sign a
register and comply with NASA security
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00089
Fmt 4703
Sfmt 4703
61243
requirements, including the
presentation of a valid picture ID before
receiving access to NASA Headquarters.
Due to the Real ID Act, Public Law 109–
13, any attendees with drivers licenses
issued from non-compliant states/
territories must present a second form of
ID. [Federal employee badge; passport;
active military identification card;
enhanced driver’s license; U.S. Coast
Guard Merchant Mariner card; Native
American tribal document; school
identification accompanied by an item
from LIST C (documents that establish
employment authorization) from the
‘‘List of the Acceptable Documents’’ on
Form I–9]. Non-compliant states/
territories are: American Samoa,
Arizona, Idaho, Louisiana, Maine,
Minnesota, New Hampshire, and New
York. Foreign nationals attending this
meeting will be required to provide a
copy of their passport and visa in
addition to providing the following
information no less than 10 days prior
to the meeting: Full name; home
address; gender; citizenship; date/city/
country of birth; title, position or duties;
visa information (number, type,
expiration date); passport information
(number, country, expiration date);
employer/affiliation information (name
of institution, address, country,
telephone) of the position of attendee;
and home address to Dr. Bette Siegel via
email at bette.siegel@nasa.gov. To
expedite admittance, U.S. citizens and
Permanent Residents (green card
holders) are requested to submit
identifying information no less than 3
working days prior to the meeting to Dr.
Bette Siegel via email at bette.siegel@
nasa.gov. It is imperative that the
meeting be held on this date to
accommodate the scheduling priorities
of the key participants.
Patricia D. Rausch,
Advisory Committee Management Officer,
National Aeronautics and Space
Administration.
[FR Doc. 2015–25741 Filed 10–8–15; 8:45 am]
BILLING CODE 7510–13–P
NATIONAL SCIENCE FOUNDATION
Membership of the National Science
Board’s Senior Executive Service
Performance Review Board
National Science Foundation.
Announcement of Membership
of the National Science Foundation’s
Performance Review Board for the
Office of Inspector General and the
National Science Board Office Senior
Executive Service positions.
AGENCY:
ACTION:
E:\FR\FM\09OCN1.SGM
09OCN1
61244
Federal Register / Vol. 80, No. 196 / Friday, October 9, 2015 / Notices
This announcement of the
membership of the National Science
Foundation’s Office of Inspector General
and National Science Board Office
Senior Executive Service Performance
Review Board is made in compliance
with 5 U.S.C. 4314(c)(4).
ADDRESSES: Comments should be
addressed to Division Director, Division
of Human Resource Management,
National Science Foundation, Room
315, 4201 Wilson Boulevard, Arlington,
VA 22230.
FOR FURTHER INFORMATION CONTACT: Dr.
Judith S. Sunley at the above address or
(703) 292–8180.
SUPPLEMENTARY INFORMATION: The
membership of the National Science
Board’s Senior Executive Service
Performance Review Board is as follows:
Ruth David, Chair, Audit and
Oversight Committee, National Science
Board
Joanne Tornow, Head, Office of
Information and Resource Management,
and Chief Human Capital Officer
Plus two members to be selected from
the IG community.
SUMMARY:
Dated: October 2, 2015.
Judith S. Sunley,
Division Director, Division of Human
Resource Management.
[FR Doc. 2015–25722 Filed 10–8–15; 8:45 am]
BILLING CODE 7555–01–M
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76075; File No. SR–NSCC–
2015–803]
Self-Regulatory Organizations;
National Securities Clearing
Corporation; Notice of No Objection to
Advance Notice Filing To Enhance
NSCC’s Margining Methodology as
Applied to Family-Issued Securities of
Certain NSCC Members
October 5, 2015.
tkelley on DSK3SPTVN1PROD with NOTICES
National Securities Clearing
Corporation (‘‘NSCC’’) filed on August
14, 2015 with the Securities and
Exchange Commission (‘‘Commission’’)
advance notice SR–NSCC–2015–803
(‘‘Advance Notice’’) pursuant to Section
806(e)(1) of the Payment, Clearing, and
Settlement Supervision Act of 2010
(‘‘Payment, Clearing and Settlement
Supervision Act’’) 1 and Rule 19b–
1 12 U.S.C. 5465(e)(1). The Financial Stability
Oversight Council designated NSCC a systemically
important financial market utility on July 18, 2012.
See Financial Stability Oversight Council 2012
Annual Report, Appendix A, https://
www.treasury.gov/initiatives/fsoc/Documents/
2012%20Annual%20Report.pdf. Therefore, NSCC
is required to comply with the Payment, Clearing
VerDate Sep<11>2014
17:44 Oct 08, 2015
Jkt 238001
4(n)(1)(i) 2 under the Securities
Exchange Act of 1934 (‘‘Exchange Act’’)
to change its margin charge with respect
to a member’s positions in securities
that are issued by such member or its
affiliate (i.e., ‘‘family-issued securities’’)
by excluding positions in these
securities, when the member is on
NSCC’s Watch List,3 from its volatility
margining model. The Advance Notice
was published for comment in the
Federal Register on September 17,
2015.4 The Commission did not receive
any comments on the Advance Notice.
This publication serves as notice of no
objection to the Advance Notice.
I. Description of the Advance Notice
As described by NSCC in the Advance
Notice, NSCC has proposed to enhance
its margin methodology as applied to
the family-issued securities of its
members that are on its Watch List 5 by
excluding these securities from the
volatility component, or ‘‘VaR’’ charge,
and then charging an amount calculated
by multiplying the absolute value of the
long net unsettled positions in that
member’s family-issued securities by a
percentage that is no less than 40%. The
haircut rate to be charged will be
determined based on the member’s
rating on the credit risk rating matrix
and the type of family-issued security
submitted to NSCC. Fixed income
securities that are family-issued
securities will be charged a haircut rate
of no less than 80% for firms that are
rated 6 or 7 on the credit risk rating
matrix, and no less than 40% for firms
that are rated 5 on the credit risk rating
matrix; and equity securities that are
and Settlement Supervision Act and file advance
notices with the Commission. See 12 U.S.C.
5465(e).
2 17 CFR 240.19b–4(n)(1)(i).
3 As part of its ongoing monitoring of its
membership, NSCC utilizes an internal credit risk
rating matrix to rate its risk exposures to its
members based on a scale from 1 (the strongest) to
7 (the weakest). Members that fall within the
weakest three rating categories (i.e., 5, 6, and 7) are
placed on NSCC’s ‘‘Watch List’’ and, as provided
under NSCC’s Rules and Procedures (‘‘Rules’’), may
be subject to enhanced surveillance or additional
margin charges. See Section 4 of Rule 2B and
Section I(B)(1) of Procedure XV of NSCC’s Rules,
available at https://dtcc.com/∼/media/Files/
Downloads/legal/rules/nscc_rules.pdf.
4 See Securities Exchange Act Release No. 75899
(September 11, 2015), 80 FR 55883 (September 17,
2015) (File No. SR–NSCC–2015–803). NSCC also
filed a proposed rule change with the Commission
pursuant to Section 19(b)(1) of the Exchange Act
and Rule 19b–4 thereunder, seeking approval of
changes to its Rules necessary to implement the
Advance Notice. 15 U.S.C. 78s(b)(1) and 17 CFR
240.19b–4, respectively. This proposed rule change
was published in the Federal Register on
September 2, 2015. Securities Exchange Act Release
No. 75768 (August 27, 2015), 80 FR 53219
(September 2, 2015) (SR–NSCC–2015–003).
5 See Section 4 of Rule 2B and Section I(B)(1) of
Procedure XV of NSCC’s Rules, supra Note 3.
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
family-issued securities will be charged
a haircut rate of 100% for firms that are
rated 6 or 7 on the credit risk rating
matrix, and no less than 50% for firms
that are rated 5 on the credit risk rating
matrix. NSCC will have the authority to
adjust these haircut rates from time to
time within these parameters as
described in Procedure XV of NSCC’s
Rules without filing a proposed rule
change with the Commission pursuant
to Section 19(b)(1) of the Exchange Act,6
and the rules thereunder, or an advance
notice with the Commission pursuant to
Section 806(e)(1) of the Payment,
Clearing and Settlement Supervision
Act,7 and the rules thereunder.
As described by NSCC in the Advance
Notice, NSCC, as a central counterparty
(‘‘CCP’’), occupies an important role in
the securities settlement system by
interposing itself between
counterparties to financial transactions
and thereby reducing the risk faced by
participants and contributing to global
financial stability. The effectiveness of a
CCP’s risk controls and the adequacy of
its financial resources are critical to
achieving these risk-reducing goals. In
that context, NSCC continuously
reviews its margining methodology in
order to ensure the reliability of its
margining in achieving the desired
coverage. In order to be most effective,
NSCC must take into consideration the
risk characteristics specific to certain
securities when margining those
securities.
Among the various risks that NSCC
considers when evaluating the
effectiveness of its margining
methodology are its counterparty risks
and identification and mitigation of
‘‘wrong-way’’ risk, particularly specific
wrong-way risk, defined as the risk that
an exposure to a counterparty is highly
likely to increase when the
creditworthiness of that counterparty
deteriorates.8 NSCC has identified an
exposure to wrong-way risk when it acts
as a CCP to a member with respect to
positions in securities that are issued by
that member or that member’s affiliate.
These positions are referred to as
‘‘family-issued securities.’’ In the event
that a member with unsettled long
positions in family-issued securities
defaults, NSCC would close out those
positions following a likely drop in the
6 15
U.S.C. 78s(b)(1).
U.S.C. 5465(e)(1).
8 See Principles for financial market
infrastructures, issued by the Committee on
Payment and Settlement Systems and the Technical
Committee of the International Organization of
Securities Commissions 47 n.65 (April 2012),
available at https://www.bis.org/publ/cpss101a.pdf.
7 12
E:\FR\FM\09OCN1.SGM
09OCN1
]]>Agencies
[Federal Register Volume 80, Number 196 (Friday, October 9, 2015)]
[Notices]
[Pages 61243-61244]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-25722]
=======================================================================
-----------------------------------------------------------------------
NATIONAL SCIENCE FOUNDATION
Membership of the National Science Board's Senior Executive
Service Performance Review Board
AGENCY: National Science Foundation.
ACTION: Announcement of Membership of the National Science Foundation's
Performance Review Board for the Office of Inspector General and the
National Science Board Office Senior Executive Service positions.
-----------------------------------------------------------------------
[[Page 61244]]
SUMMARY: This announcement of the membership of the National Science
Foundation's Office of Inspector General and National Science Board
Office Senior Executive Service Performance Review Board is made in
compliance with 5 U.S.C. 4314(c)(4).
ADDRESSES: Comments should be addressed to Division Director, Division
of Human Resource Management, National Science Foundation, Room 315,
4201 Wilson Boulevard, Arlington, VA 22230.
FOR FURTHER INFORMATION CONTACT: Dr. Judith S. Sunley at the above
address or (703) 292-8180.
SUPPLEMENTARY INFORMATION: The membership of the National Science
Board's Senior Executive Service Performance Review Board is as
follows:
Ruth David, Chair, Audit and Oversight Committee, National Science
Board
Joanne Tornow, Head, Office of Information and Resource Management,
and Chief Human Capital Officer
Plus two members to be selected from the IG community.
Dated: October 2, 2015.
Judith S. Sunley,
Division Director, Division of Human Resource Management.
[FR Doc. 2015-25722 Filed 10-8-15; 8:45 am]
BILLING CODE 7555-01-M
