Distribution of Satellite Royalty Funds, 33979-33980 [2019-15099]

Download as PDF jspears on DSK30JT082PROD with NOTICES Federal Register / Vol. 84, No. 136 / Tuesday, July 16, 2019 / Notices described herein are met; (C) any known instance of noncompliance during the preceding year and any related correction taken to date have been identified in the Annual Exemption Report; and (D) the CS Affiliated QPAMs have complied with the Policies and Training, and/or corrected (or are correcting) any known instances of noncompliance in accordance with Section I(h) above; (iv) Each Annual Exemption Report must be provided to appropriate corporate officers of CSAG and each CS Affiliated QPAM to which such report relates; the head of Compliance and the General Counsel (or their functional equivalent) of the relevant CS Affiliated QPAM; and must be made unconditionally available to the independent auditor described in Section I(i) above; (v) Each Annual Exemption Review, including the Compliance Officer’s written Annual Report, must be completed within three (3) months following the end of the period to which it relates; (n) Each CS Affiliated QPAM will maintain records necessary to demonstrate that the conditions of this five-year exemption have been met, for six (6) years following the date of any transaction for which the CS Affiliated QPAM relies upon the relief in the fiveyear exemption; (o) During the Exemption Period, CSAG: (1) Immediately discloses to the Department any Deferred Prosecution Agreement (a DPA) or Non-Prosecution Agreement (an NPA) that Credit Suisse Group AG or CSAG or any affiliate (as defined in Section VI(d) of PTE 84–14) enters into with the U.S Department of Justice, to the extent such DPA or NPA relates to the conduct described in Section I(g) of PTE 84–14 or section 411 of ERISA; and (2) immediately provides the Department any information requested by the Department, as permitted by law, regarding the agreement and/or the conduct and allegations that led to the agreement; (p) Within 60 days of the effective date of the five-year exemption, each CS Affiliated QPAM, in its agreements with, or in other written disclosures provided to Covered Plans, will clearly and prominently inform Covered Plan clients of their right to obtain a copy of the Policies or a description (Summary Policies) which accurately summarizes key components of the CS Affiliated QPAM’s written Policies developed in connection with this exemption. If the Policies are thereafter changed, each Covered Plan client must receive a new disclosure within six (6) months following the end of the calendar year VerDate Sep<11>2014 17:33 Jul 15, 2019 Jkt 247001 during which the Policies were changed.23 With respect to this requirement, the description may be continuously maintained on a website, provided that such website link to the Policies or Summary Policies is clearly and prominently disclosed to each Covered Plan; and (q) A CS Affiliated QPAM will not fail to meet the terms of this five-year exemption, solely because a different CS Affiliated QPAM fails to satisfy a condition for relief under this five-year exemption described in Sections I(c), (d), (h), (i), (j), (k), (l), (n), and (p); or, if the independent auditor described in Section I(i) fails a provision of the exemption other than the requirement described in Section I(i)(11), provided that such failure did not result from any actions or inactions of CSAG or its affiliates. Section II. Definitions (a) The term ‘‘Conviction’’ means the judgment of conviction against CSAG for one count of conspiracy to violate section 7206(2) of the Internal Revenue Code in violation of Title 18, United States Code, Section 371, that was entered in the District Court for the Eastern District of Virginia in Case Number 1:14–cr–188–RBS, on November 21, 2014. (b) The term ‘‘Covered Plan’’ means a plan subject to Part 4 of Title I of ERISA (an ‘‘ERISA-covered plan’’) or a plan subject to section 4975 of the Code (an ‘‘IRA’’), in each case, with respect to which a CS Affiliated QPAM relies on PTE 84–14, or with respect to which a CS Affiliated QPAM (or any CSAG affiliate) has expressly represented that the manager qualifies as a QPAM or relies on the QPAM class exemption (PTE 84–14). A Covered Plan does not include an ERISA-covered plan or IRA to the extent the CS Affiliated QPAM has expressly disclaimed reliance on QPAM status or PTE 84–14 in entering into a contract, arrangement, or agreement with the ERISA-covered plan or IRA. (c) The term ‘‘CSAG’’ means Credit Suisse AG. (d) The term ‘‘CS Affiliated QPAM’’ means a ‘‘qualified professional asset manager’’ (as defined in Section VI(a) of PTE 84–14) that relies on the relief provided by PTE 84–14 and with respect to which CSAG is a current or future ‘‘affiliate’’ (as defined in Section VI(d) of PTE 84–14), but is not a CS 23 In the event the Applicant meets this disclosure requirement through Summary Policies, changes to the Policies shall not result in the requirement for a new disclosure unless, as a result of changes to the Policies, the Summary Policies are no longer accurate. PO 00000 Frm 00076 Fmt 4703 Sfmt 4703 33979 Related QPAM. The term ‘‘CS Affiliated QPAM’’ excludes the parent entity, CSAG. (e) The term ‘‘CS Related QPAM’’ means any current or future ‘‘qualified professional asset manager’’ (as defined in Section VI(a) of PTE 84–14) that relies on the relief provided by PTE 84– 14, and with respect to which CSAG owns a direct or indirect five (5) percent or more interest, but with respect to which CSAG is not an ‘‘affiliate’’ (as defined in section VI(d)(1) of PTE 84– 14). (f) The term ‘‘Exemption Period’’ means the period from November 21, 2019 through November 20, 2024. Effective Date: If granted, this proposed five-year exemption will be in effect for five years beginning on the expiration of PTE 2015–14. FOR FURTHER INFORMATION CONTACT: Mrs. Blessed Chuksorji-Keefe of the Department, telephone (202) 693–8567. (This is not a toll-free number.) Signed at Washington, DC, this 10th day of July, 2019. Lyssa E. Hall, Director, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor. [FR Doc. 2019–15069 Filed 7–15–19; 8:45 am] BILLING CODE 4510–29–P LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 16–CRB–0010–SD (2014–17)] Distribution of Satellite Royalty Funds Copyright Royalty Board, Library of Congress. ACTION: Notice requesting comments. AGENCY: The Copyright Royalty Judges solicit comments on a motion of Allocation Phase claimants for partial distribution of 2016 and 2017 satellite royalty funds. DATES: Comments are due on or before August 15, 2019. ADDRESSES: Interested claimants must submit timely comments, identified by docket number 16–CRB–0010–SD (2014–17), by only one of the following means: CRB’s online electronic filing application: Submit comments online in the Copyright Royalty Board’s electronic filing system, eCRB, at https:// app.crb.gov/; or U.S. mail or overnight service (only USPS Express Mail is acceptable): Copyright Royalty Board, P.O. Box 70977, Washington, DC 20024–0977; or Commercial courier: Address package to: Copyright Royalty Board, Library of SUMMARY: E:\FR\FM\16JYN1.SGM 16JYN1 jspears on DSK30JT082PROD with NOTICES 33980 Federal Register / Vol. 84, No. 136 / Tuesday, July 16, 2019 / Notices Congress, James Madison Memorial Building, LM–403, 101 Independence Avenue SE, Washington, DC 20559– 6000. Deliver to: Congressional Courier Acceptance Site, 2nd Street NE and D Street NE, Washington, DC; or Hand delivery: Library of Congress, James Madison Memorial Building, LM– 401, 101 Independence Avenue SE, Washington, DC 20559–6000. Instructions: Unless submitting online, commenters must submit an original, two paper copies, and an electronic version on a CD. All submissions must include a reference to the CRB and this docket number. All submissions will be posted without change (including any personal information provided) to eCRB at https://app.crb.gov/. Docket: For access to the docket to read submitted background documents or comments, go to eCRB at https:// app.crb.gov/ and search for docket number 16–CRB–0010–SD (2014–17). FOR FURTHER INFORMATION CONTACT: Anita Blaine, Program Specialist, by telephone at (202) 707–7658 or email at crb@loc.gov. SUPPLEMENTARY INFORMATION: Each year satellite systems must submit royalty payments to the Register of Copyrights as required by the statutory license set forth in section 119 of the Copyright Act for the retransmission to satellite subscribers of over-the-air television broadcast signals. See 17 U.S.C. 119(b). The Copyright Royalty Judges (Judges) oversee distribution of royalties to copyright owners whose works were included in a qualifying transmission and who timely filed a claim for royalties. Allocation of the royalties collected occurs in one of two ways. In the first instance, the Judges may authorize distribution in accordance with a negotiated settlement among all claiming parties. 17 U.S.C. 119(b)(5)(A), 801(b)(3)(A). If all claimants do not reach an agreement with respect to the royalties, the Judges must conduct a proceeding to determine the distribution of any royalties that remain in controversy. 17 U.S.C. 119(b)(5)(B), 801(b)(3)(B). Alternatively, the Judges may, on motion of claimants and on notice to all interested parties, authorize a partial distribution of royalties, reserving on deposit sufficient funds to resolve identified disputes. 17 U.S.C. 119(b)(5)(C), 801(b)(3)(C). On June 28, 2019, representatives of all the Allocation Phase claimant categories (formerly ‘‘Phase I’’) 1 filed with the Judges a motion requesting a partial distribution amounting to 40% of the 2016 and 2017 satellite royalty funds pursuant to section 801(b)(3)(C) of the Copyright Act. 17 U.S.C. 801(b)(3)(C). That section requires that, before ruling on the motion, the Judges publish a notice in the Federal Register seeking responses to the motion for partial distribution to ascertain whether any claimant entitled to receive the subject royalties has a reasonable objection to the requested distribution. Accordingly, this Notice seeks comments from interested claimants on whether any reasonable objection exists that would preclude the distribution of 40% of the 2016 and 2017 satellite royalty funds to the Allocation Phase Claimants. Parties objecting to the proposed partial distribution must advise the Judges of the existence and extent of all their objections by the end of the comment period. The Judges will not consider any objections with respect to the partial distribution motion that come to their attention after the close of the comment period. The Motion of the Allocation Phase Claimants is available in eCRB at https://app.crb.gov/case/ viewDocument/4397. 1 The ‘‘Allocation Phase Claimants’’ are Program Suppliers, Joint Sports Claimants, Broadcaster Claimants Group, Music Claimants (represented by American Society of Composers, Authors and Publishers, Broadcast Music, Inc., and SESAC, Inc.), and Devotional Claimants. VerDate Sep<11>2014 17:33 Jul 15, 2019 Jkt 247001 Dated: July 11, 2019. Jesse M. Feder, Chief U.S. Copyright Royalty Judge. [FR Doc. 2019–15099 Filed 7–15–19; 8:45 am] BILLING CODE 1410–72–P NATIONAL SCIENCE FOUNDATION Agency Information Collection Activities: Comment Request National Science Foundation. Submission for OMB Review; Comment Request. AGENCY: ACTION: The National Science Foundation (NSF) has submitted the following information collection requirement to OMB for review and clearance under the Paperwork Reduction Act of 1995. This is the second notice for public comment; the first was published in the Federal Register, and no comments were received. NSF is forwarding the proposed submission to the Office of Management and Budget (OMB) for clearance simultaneously with the publication of this second notice. The full submission may be found at: https:// www.reginfo.gov/public/do/PRAMain. SUMMARY: PO 00000 Frm 00077 Fmt 4703 Sfmt 4703 Comments regarding this information collection are best assured of having their full effect if received by August 15, 2019. FOR FURTHER INFORMATION CONTACT: Office of Information and Regulatory Affairs of OMB, Attention: Desk Officer for National Science Foundation, 725 17th Street NW, Room 10235, Washington, DC 20503, and Suzanne H. Plimpton, Reports Clearance Officer, National Science Foundation, 2415 Eisenhower Avenue, Alexandria, VA 22314, or send email to splimpto@ nsf.gov. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1–800–877– 8339, which is accessible 24 hours a day, 7 days a week, 365 days a year (including federal holidays). Copies of the submission may be obtained by calling 703–292–7556. SUPPLEMENTARY INFORMATION: NCSES may not conduct or sponsor a collection of information unless the collection of information displays a currently valid OMB control number and the agency informs potential persons who are to respond to the collection of information that such persons are not required to respond to the collection of information unless it displays a currently valid OMB control number. Comments regarding (a) whether the collection of information is necessary for the proper performance of the functions of NCSES, including whether the information will have practical utility; (b) the accuracy of NCSES’s estimate of the burden of the proposed collection of information; (c) ways to enhance the quality, use, and clarity of the information to be collected, including through the use of automated collection techniques or other forms of information technology; (d) ways to minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated or other forms of information technology should be addressed to the points of contact in the DATES: FOR FURTHER INFORMATION CONTACT section. Title of Collection: Higher Education Research and Development Survey. OMB Approval Number: 3145–0100. Summary of Collection. The Higher Education Research and Development (R&D) Survey (formerly known as the Survey of R&D Expenditures at Universities and Colleges) originated in fiscal year (FY) 1954 and has been conducted annually since FY 1972. The survey represents one facet of the higher education component of the NSF’s National Center for Science and E:\FR\FM\16JYN1.SGM 16JYN1

Agencies

[Federal Register Volume 84, Number 136 (Tuesday, July 16, 2019)]
[Notices]
[Pages 33979-33980]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-15099]


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LIBRARY OF CONGRESS

Copyright Royalty Board

[Docket No. 16-CRB-0010-SD (2014-17)]


Distribution of Satellite Royalty Funds

AGENCY: Copyright Royalty Board, Library of Congress.

ACTION: Notice requesting comments.

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

SUMMARY: The Copyright Royalty Judges solicit comments on a motion of 
Allocation Phase claimants for partial distribution of 2016 and 2017 
satellite royalty funds.

DATES: Comments are due on or before August 15, 2019.

ADDRESSES: Interested claimants must submit timely comments, identified 
by docket number 16-CRB-0010-SD (2014-17), by only one of the following 
means:
    CRB's online electronic filing application: Submit comments online 
in the Copyright Royalty Board's electronic filing system, eCRB, at 
https://app.crb.gov/; or
    U.S. mail or overnight service (only USPS Express Mail is 
acceptable): Copyright Royalty Board, P.O. Box 70977, Washington, DC 
20024-0977; or
    Commercial courier: Address package to: Copyright Royalty Board, 
Library of

[[Page 33980]]

Congress, James Madison Memorial Building, LM-403, 101 Independence 
Avenue SE, Washington, DC 20559-6000. Deliver to: Congressional Courier 
Acceptance Site, 2nd Street NE and D Street NE, Washington, DC; or
    Hand delivery: Library of Congress, James Madison Memorial 
Building, LM-401, 101 Independence Avenue SE, Washington, DC 20559-
6000.
    Instructions: Unless submitting online, commenters must submit an 
original, two paper copies, and an electronic version on a CD. All 
submissions must include a reference to the CRB and this docket number. 
All submissions will be posted without change (including any personal 
information provided) to eCRB at https://app.crb.gov/.
    Docket: For access to the docket to read submitted background 
documents or comments, go to eCRB at https://app.crb.gov/ and search 
for docket number 16-CRB-0010-SD (2014-17).

FOR FURTHER INFORMATION CONTACT: Anita Blaine, Program Specialist, by 
telephone at (202) 707-7658 or email at [email protected].

SUPPLEMENTARY INFORMATION: Each year satellite systems must submit 
royalty payments to the Register of Copyrights as required by the 
statutory license set forth in section 119 of the Copyright Act for the 
retransmission to satellite subscribers of over-the-air television 
broadcast signals. See 17 U.S.C. 119(b). The Copyright Royalty Judges 
(Judges) oversee distribution of royalties to copyright owners whose 
works were included in a qualifying transmission and who timely filed a 
claim for royalties.
    Allocation of the royalties collected occurs in one of two ways. In 
the first instance, the Judges may authorize distribution in accordance 
with a negotiated settlement among all claiming parties. 17 U.S.C. 
119(b)(5)(A), 801(b)(3)(A). If all claimants do not reach an agreement 
with respect to the royalties, the Judges must conduct a proceeding to 
determine the distribution of any royalties that remain in controversy. 
17 U.S.C. 119(b)(5)(B), 801(b)(3)(B). Alternatively, the Judges may, on 
motion of claimants and on notice to all interested parties, authorize 
a partial distribution of royalties, reserving on deposit sufficient 
funds to resolve identified disputes. 17 U.S.C. 119(b)(5)(C), 
801(b)(3)(C).
    On June 28, 2019, representatives of all the Allocation Phase 
claimant categories (formerly ``Phase I'') \1\ filed with the Judges a 
motion requesting a partial distribution amounting to 40% of the 2016 
and 2017 satellite royalty funds pursuant to section 801(b)(3)(C) of 
the Copyright Act. 17 U.S.C. 801(b)(3)(C). That section requires that, 
before ruling on the motion, the Judges publish a notice in the Federal 
Register seeking responses to the motion for partial distribution to 
ascertain whether any claimant entitled to receive the subject 
royalties has a reasonable objection to the requested distribution. 
Accordingly, this Notice seeks comments from interested claimants on 
whether any reasonable objection exists that would preclude the 
distribution of 40% of the 2016 and 2017 satellite royalty funds to the 
Allocation Phase Claimants. Parties objecting to the proposed partial 
distribution must advise the Judges of the existence and extent of all 
their objections by the end of the comment period. The Judges will not 
consider any objections with respect to the partial distribution motion 
that come to their attention after the close of the comment period.
---------------------------------------------------------------------------

    \1\ The ``Allocation Phase Claimants'' are Program Suppliers, 
Joint Sports Claimants, Broadcaster Claimants Group, Music Claimants 
(represented by American Society of Composers, Authors and 
Publishers, Broadcast Music, Inc., and SESAC, Inc.), and Devotional 
Claimants.
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    The Motion of the Allocation Phase Claimants is available in eCRB 
at https://app.crb.gov/case/viewDocument/4397.

    Dated: July 11, 2019.
Jesse M. Feder,
Chief U.S. Copyright Royalty Judge.
[FR Doc. 2019-15099 Filed 7-15-19; 8:45 am]
BILLING CODE 1410-72-P


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