Agencies and Commissions August 14, 2007 – Federal Register Recent Federal Regulation Documents

NRC is issuing its Final License Renewal Interim Staff Guidance LR-ISG-2006-03 for preparing severe accident mitigation alternatives (SAMA) analyses. This LR-ISG recommends that applicants for license renewal use the Guidance Document Nuclear Energy Institute 05-01, Revision A, (ADAMS Accession No. ML060530203) when preparing their SAMA analyses. The NRC staff issues LR-ISGs to facilitate timely implementation of the license renewal rule and to review activities associated with a license renewal application. The NRC staff will also incorporate the approved LR-ISG into the next revision of Supplement 1 to Regulatory Guide 4.2, ``Preparation of Supplemental Environmental Reports for Applications to Renew Nuclear Power Plant Operating Licenses.''

Pursuant to section 102(2)(c) of the National Environmental Policy Act (NEPA) of 1969, as amended (Pub. L. 91-190, 42 U.S.C. 4321 et seq.), the Presidio Trust (Trust) is notifying interested parties that it will prepare an environmental impact statement (EIS) for a proposed museum at the Presidio (proposed action) and engage in a scoping process to seek public input. The EIS will address the significant environmental impacts of constructing a new public museum and related structures totaling approximately 100,000 square feet within the Main Post district of the Presidio of San Francisco (Presidio), California. The public scoping process will determine the range of actions, alternatives and impacts to be considered in the EIS.

The Commodity Futures Trading Commission (``Commission'' or ``CFTC'') is proposing to amend Commission Regulations 3.12 and 3.31 (``Proposed Amendments'') to extend the period during which a registered futures commission merchant (``FCM''), introducing broker (``IB), commodity trading advisor (``CTA''), commodity pool operator (``CPO'') or leverage transaction merchant (``LTM'') must file a notice with the National Futures Association (``NFA'') to report the termination of any associated person (``AP'') or principal of the registered intermediary. Under existing regulations, such intermediaries must file notices within 20 days after the termination of the AP or principal. The Commission's proposal (``Proposal'') would provide 30, rather than 20, days for the filing of a termination notice.

The Commission is publishing this Concept Release to obtain information about the extent and nature of the public's interest in allowing U.S. issuers, including investment companies subject to the Investment Company Act of 1940, to prepare financial statements in accordance with International Financial Reporting Standards as published by the International Accounting Standards Board for purposes of complying with the rules and regulations of the Commission. U.S. issuers presently prepare their financial statements in accordance with generally accepted accounting principles as used in the United States, referred to as U.S. GAAP.

The U.S. Office of Special Counsel (OSC) proposes to revise its regulations at 5 C.F.R. Part 1830, dealing with the agency's implementation of the Privacy Act, at 5 U.S.C. 552a. The regulation, as revised, would provide additional information about access to OSC records under the Privacy Act.

The Securities and Exchange Commission (``Commission'') is adopting amendments to Regulation SHO under the Securities Exchange Act of 1934 (``Exchange Act''). The amendments are intended to further reduce the number of persistent fails to deliver in certain equity securities by eliminating the grandfather provision of Regulation SHO. In addition, we are amending the close-out requirement of Regulation SHO for certain securities that a seller is ``deemed to own.'' The amendments also update the market decline limitation referenced in Regulation SHO.

The Commodity Futures Trading Commission (CFTC) is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C. 3501 et seq., Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment in response to the notice. This notice solicits comments on requirements relating to practice before the Commission by former members and employees of the Commission.