Department of Labor February 12, 2007 – Federal Register Recent Federal Regulation Documents

Pursuant to Section 10(a)(2) of the Federal Advisory Committee Act (FACA) (Pub. L. 92-463), as amended, and Section 166(h)(4) of the Workforce Investment Act (WIA) [29 U.S.C. 2911(h)(4)], notice is hereby given of the next meeting of the Native American Employment and Training Council (NAETC), as constituted under WIA. Time And Date: The meeting will begin at 9 a.m. Eastern Standard Time (EST) on Wednesday, February 28, 2007, and continue until 5 p.m. that day. The period from 3 p.m. to 5 p.m. on February 28, 2007, will be reserved for participation and presentation by members of the public. The meeting will reconvene at 9 a.m. EST on Thursday, March 1, 2007, and adjourn at approximately 5 p.m. on that day. Place: All sessions will be held at the Wyndham Washington DC- Monticello West Room, 1400 M Street, NW., Washington, DC 20005. Status: The meeting will be open to the public. Persons who need special accommodations should contact the Designated Federal Official (DFO), Mr. Craig Lewis, at (202) 693-3384 by February 22, 2007. Matters To Be Considered: The formal agenda will focus on the following topics: (1) Presentation on the Employment and Training Administration's Workforce Innovation in Regional Economic Development initiative and other relevant issues; (2) NAETC election of officers; (3) Review of Program Year 2005 performance results; and (4) Work Group Reports and Recommendations.

This document contains a final exemption issued by the Department of Labor (the Department) that provides relief from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (the Act) and the Internal Revenue Code of 1986 (the Code). The exemption permits the purchase of certain securities (the Securities), by an asset management affiliate of BS from any person other than such asset management affiliate of BS or any affiliate thereof, during the existence of an underwriting or selling syndicate with respect to such Securities, where a broker-dealer affiliated with BS (the Affiliated Broker-Dealer) is a manager or member of such syndicate and the asset management affiliate of BS purchases such Securities, as a fiduciary: (a) On behalf of an employee benefit plan or employee benefit plans (Client Plan(s)); or (b) on behalf of Client Plans, and/or in-house plans (In-House Plans) which are invested in a pooled fund or in pooled funds (Pooled Fund(s)); provided certain conditions as set forth, below are satisfied (An affiliated underwriter transaction (AUT)).\1\ The exemption affects Client Plans and In-House Plans and their participants and beneficiaries.