9070 Federal Register / Vol. 76, No. 32 / Wednesday, February 16, 2011 / Notices 

27 15 U.S.C. 78s(b)(3)(A)(ii). 

28 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 15 U.S.C. 78s(b)(3)(A)(iii). 

3 17 CFR 240.19b–4(f)(4). 

4A corporate action is an event that produces a 

corporate restructuring. Some of the most common 

corporate actions include dividend payments, 

interest payments, voluntary tender offers, and 

redemption of municipal and corporate bonds. 

5The Participants participating in the pilot will 

continue to receive corporate action information by 

CCF files in order to run their production processes. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Act.27 At any time 

within 60 days of the filing of the 

proposed rule change, the Commission 

summarily may temporarily suspend 

such rule change if it appears to the 

Commission that such action is 

necessary or appropriate in the public 

interest, for the protection of investors, 

or otherwise in furtherance of the 

purposes of the Act. If the Commission 

takes such action, the Commission shall 

institute proceedings to determine 

whether the proposed rule should be 

approved or disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–Phlx–2011–12 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–Phlx–2011–12. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street, NE., 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. All comments received will 

be posted without change; the 

Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File Number SR–Phlx– 

2011–12 and should be submitted on or 

before March 9, 2011. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.28

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–3422 Filed 2–15–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63886; File No. SR–DTC– 

2011–02] 

Self-Regulatory Organizations; The 

Depository Trust Company; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change Relating to a 

New Standard To Communicate 

Corporate Action Events to 

Participants 

February 10, 2011. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 notice is hereby given that on 

January 28, 2011, The Depository Trust 

Company (‘‘DTC’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which Items have been prepared 

primarily by DTC. DTC filed the 

proposed rule change pursuant to 

Section 19(b)(3)(A)(iii) of the Act 2 and 

Rule 19b–4(f)(4) thereunder 3 so that the 

proposal was effective upon filing with 

the Commission. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

Under the proposed rule change, a 

group of DTC Participants has 

volunteered to participate in a pilot test 

whereby on or about April 25, 2011, 

DTC will publish corporate actions 

pursuant to the International Standard 

Organization (‘‘ISO’’) 20022 format. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, 

DTC included statements concerning 

the purpose of and basis for the 

proposed rule change and discussed any 

comments it received on the proposed 

rule change. The text of these statements 

may be examined at the places specified 

in Item IV below. DTC has prepared 

summaries, set forth in sections A, B, 

and C below, of the most significant 

aspects of such statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

DTC handles essential aspects of 

corporate action 4 processing by 

routinely receiving and distributing 

information to its Participants using its 

proprietary computer to computer 

facility (‘‘CCF’’) files. In order to reduce 

risk and to improve transparency in the 

announcement and processing of 

corporate actions, DTC is updating its 

standards for announcing these events 

by publishing corporate action data 

pursuant to the International Standards 

Organization (‘‘ISO’’) 20022 format for 

the entire lifecycle of the event. 

A group of DTC Participants has 

volunteered to participate in a pilot test 

on or about April 25, 2011, whereby 

corporate actions will be published in 

the ISO 20022 format. The pilot data 

will be created in a test environment 

with the data systemically generated 

from the prior day’s production and will 

include event types, payout types, and 

other key corporate action information. 

Participants have been advised that they 

should not rely on the data from this 

pilot to run their production processes.5

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Federal Register / Vol. 76, No. 32 / Wednesday, February 16, 2011 / Notices 9071 

6 DTC notified its participants of this initiative to 

communicate corporate actions messages based on 

ISO 20022 through several Important Notices. See, 

e.g., DTC Important Notice B7024–10 (July 26, 

2010), http://www.dtcc.com/downloads/legal/ 

imp_notices/2010/dtc/ope/7024–10.pdf, and DTC 

Important Notice 6620–10 (Apr. 20, 2010), http:// 

www.dtcc.com/downloads/legal/imp_notices/2010/ 

dtc/reo/6620-10.pdf. 

7 15 U.S.C. 78q–1. 

8Supra note 2. 

9Supra note 3. 10 17 CFR 200.30–3(a)(12). 

DTC expects to make ISO 20022 

messages available to all Participants 

beginning on or about June 30, 2011. 

DTC will continue to support its legacy 

proprietary CCF files until 2015.6

DTC states that this rule filing is 

consistent with the requirements of 

Section 17A of the Act 7 and the rules 

and regulations thereunder because it 

modifies a DTC service in order to make 

the process for notifying Participants of 

corporate action events more efficient. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

DTC does not believe that the 

proposed rule change will have any 

impact or impose any burden on 

competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

DTC has not solicited or received 

written comments relating to the 

proposed rule change. DTC will notify 

the Commission of any written 

comments it receives. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective upon filing pursuant to Section 

19(b)(3)(A)(iii) of the Act 8 and Rule 

19b–4(f)(4) 9 because the proposed rule 

change effects a change in an existing 

service of DTC that (i) does not 

adversely affect the safeguarding of 

securities or funds in DTC’s custody or 

control or for which it is responsible 

and (ii) does not significantly affect the 

respective rights of DTC or persons 

using the service. At any time within 60 

days of the filing of the proposed rule 

change, the Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml) or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

No. SR–DTC–2011–02 on the subject 

line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File No. 

SR–DTC–2011–02. This file number 

should be included on the subject line 

if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street, NE., 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m.. Copies of such filings 

also will be available for inspection and 

copying at DTC’s principal office and 

DTC’s Web site at http://www.dtc.org/ 

impNtc/mor/index.html. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File No. SR–DTC–2011– 

02 and should be submitted on or before 

March 9, 2011. 

For the Commission by the Division of 

Trading and Markets, pursuant to delegated 

authority.10

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–3471 Filed 2–15–11; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice: 7100] 

Advisory Committee on Historical 

Diplomatic Documentation; Notice of 

Meeting 

SUMMARY: The Advisory Committee on 

Historical Diplomatic Documentation 

will meet on March 7 and March 8 at 

the Department of State, 2201 ‘‘C’’ Street, 

NW., Washington, DC. Prior notification 

and a valid government-issued photo ID 

(such as driver’s license, passport, U.S. 

government or military ID) are required 

for entrance into the building. Members 

of the public planning to attend must 

notify Nick Sheldon, Office of the 

Historian (202–663–1123) no later than 

March 3, 2011 to provide date of birth, 

valid government-issued photo 

identification number and type (such as 

driver’s license number/state, passport 

number/country, or U.S. government ID 

number/agency or military ID number/ 

branch), and relevant telephone 

numbers. If you cannot provide one of 

the specified forms of ID, please consult 

with Nick Sheldon for acceptable 

alternative forms of picture 

identification. In addition, any requests 

for reasonable accommodation should 

be made no later than March 1, 2011. 

Requests for reasonable accommodation 

received after that time will be 

considered, but might be impossible to 

fulfill. 

The Committee will meet in open 

session from 11 a.m. until 12 Noon on 

Monday, March 7, 2011, in the 

Department of State, 2201 ‘‘C’’ Street, 

NW., Washington, DC, in Conference 

Room 1205, to discuss declassification 

and transfer of Department of State 

records to the National Archives and 

Records Administration and the status 

of the Foreign Relations series. The 

remainder of the Committee’s sessions 

in the afternoon on Monday, March 7, 

2011 and in the morning on Tuesday, 

March 8, 2011, will be closed in 

accordance with Section 10(d) of the 

Federal Advisory Committee Act (Pub. 

L. 92–463). The agenda calls for 

discussions of agency declassification 

decisions concerning the Foreign 

Relations series and other 

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