9846 Federal Register / Vol. 76, No. 35 / Tuesday, February 22, 2011 / Notices 

18Trading may also be halted because of market 

conditions or for reasons that, in the view of the 

Exchange, make trading in the Shares inadvisable. 

These may include: (1) The extent to which trading 

is not occurring in the underlying Index Futures 

Contracts; or (2) whether other unusual conditions 

or circumstances detrimental to the maintenance of 

a fair and orderly market are present. 

19The Information Bulletin will further advise 

ETP Holders that FINRA has implemented 

increased customer margin requirements applicable 

to leveraged ETFs (which include the Shares) and 

options on leveraged ETFs, as described in FINRA 

Regulatory Notices 09–53 (August 2009) and 09–65 

(November 2009). 

20 17 CFR 240.10A–3. 

21The Commission notes that it does not regulate 

the market for futures in which the Fund plans to 

take positions, which is the responsibility of the 

CFTC. The CFTC has the authority to set limits on 

the positions that any person may take in futures. 

These limits may be directly set by the CFTC or by 

the markets on which the futures are traded. The 

Commission has no role in establishing position 

limits on futures, even though such limits could 

impact an exchange-traded product that is under 

the jurisdiction of the Commission. 

22 15 U.S.C. 78f(b)(5). 

23 15 U.S.C. 78s(b)(2). 

24 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

or Reuters. The specific contract 

specifications for the Index Futures 

Contracts are also available on those 

Web sites, as well as on other financial 

informational sources. NYMEX, CME, 

COMEX, and ICE also provide delayed 

futures information on current and past 

trading sessions and market news free of 

charge on their Web sites. The NAV for 

each Fund will be calculated by the 

Administrator once a day as of the first 

to settle of the corresponding Index 

Futures Contracts, but in no event after 

4 p.m. E.T. The Exchange will 

disseminate on a daily basis via the 

Consolidated Tape Association 

information with respect to recent NAV, 

Shares outstanding, and the daily 

trading volume of the Shares. The Web 

site for the Funds and/or the Exchange 

will contain: (a) The current NAV per 

Share daily and the prior business day’s 

NAV; (b) the reported closing price; (c) 

the Prospectus; and (d) other 

quantitative information. 

The Commission further believes that 

the proposal to list and trade the Shares 

is reasonably designed to promote fair 

disclosure of information that may be 

necessary to price the Shares 

appropriately and to prevent trading 

when a reasonable degree of 

transparency cannot be assured. The 

Commission notes that the Web site 

disclosure of the portfolio composition 

of the Funds will occur at the same time 

as the disclosure by the Managing 

Owner of the portfolio composition to 

Authorized Participants so that all 

market participants are provided 

portfolio composition information at the 

same time. In addition, if the Exchange 

becomes aware that the NAV with 

respect to the Shares is not 

disseminated to all market participants 

at the same time, the Exchange will halt 

trading in the Shares until such time as 

the NAV is available to all market 

participants. Further, the Exchange may 

halt trading during the day in which an 

interruption to the dissemination to the 

IIV, the Indexes, the Sub-Indexes, or the 

value of the underlying futures contracts 

occurs. If such interruption persists past 

the trading day in which it occurred, the 

Exchange will halt trading no later than 

the beginning of the trading day 

following the interruption.18 Trading in 

the Shares will be subject to NYSE Arca 

Equities Rule 8.200, Commentary .02(e), 

which sets forth certain restrictions on 

ETP Holders acting as registered Market 

Makers in Trust Issued Receipts to 

facilitate surveillance. The Exchange 

represents that the Index Sponsor has 

implemented procedures designed to 

prevent the use and dissemination of 

material, non-public information 

regarding the Indexes. 

The Exchange has represented that 

the Shares are deemed to be equity 

securities subject to the Exchange’s 

existing rules governing the trading of 

equity securities. In support of this 

proposal, the Exchange has made 

representations, including: 

(1) The Funds will meet the initial 

and continued listing requirements 

applicable to Trust Issued Receipts in 

NYSE Arca Equities Rule 8.200 and 

Commentary .02 thereto. 

(2) The Exchange has appropriate 

rules to facilitate transactions in the 

Shares during all trading sessions. 

(3) The Exchange’s surveillance 

procedures are adequate to properly 

monitor Exchange trading of the Shares 

in all trading sessions and to deter and 

detect violations of Exchange rules and 

applicable federal securities laws. In 

addition, with respect to components 

traded on exchanges, not more than 

10% of the weight of a Fund’s portfolio 

in the aggregate will consist of 

components whose principal trading 

market is not a member of the 

Intermarket Surveillance Group or is a 

market with which the Exchange does 

not have a comprehensive surveillance 

sharing agreement. 

(4) Prior to the commencement of 

trading, the Exchange will inform its 

ETP Holders in an Information Bulletin 

of the special characteristics and risks 

associated with trading the Shares. 

Specifically, the Information Bulletin 

will discuss the following: (a) The risks 

involved in trading the Shares during 

the Opening and Late Trading Sessions 

when an updated IIV will not be 

calculated or publicly disseminated; (b) 

the procedures for purchases and 

redemptions of Shares in Creation 

Baskets and Redemption Baskets (and 

that Shares are not individually 

redeemable); (c) NYSE Arca Equities 

Rule 9.2(a), which imposes a duty of 

due diligence on its ETP Holders to 

learn the essential facts relating to every 

customer prior to trading the Shares; (d) 

how information regarding the IIV is 

disseminated; (e) the requirement that 

ETP Holders deliver a prospectus to 

investors purchasing newly issued 

Shares prior to or concurrently with the 

confirmation of a transaction; and (f) 

trading information.19

(5) For the initial and continued 

listing of the Shares, the Shares must be 

in compliance with NYSE Arca Equities 

Rule 5.3 and Rule 10A–3 under the 

Act.20

(6) A minimum of 100,000 Shares for 

each Fund will be outstanding as of the 

start of trading on the Exchange. This 

approval order is based on the 

Exchange’s representations.21

For the foregoing reasons, the 

Commission finds that the proposed 

rule change is consistent with Section 

6(b)(5) of the Act22 and the rules and 

regulations thereunder applicable to a 

national securities exchange. 

IV. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,23 that the 

proposed rule change (SR–NYSEArca– 

2010–121), be, and it hereby is, 

approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.24

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–3824 Filed 2–18–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63914; File No. SR–Phlx– 

2011–15] 

Self-Regulatory Organizations; Notice 

of Filing of Proposed Rule Change by 

NASDAQ OMX PHLX LLC to Expand 

the $2.50 Strike Price Program 

February 15, 2011. 

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

Securities Exchange Act of 1934 

(‘‘Act’’) 1 and Rule 19b–4 thereunder,2

notice is hereby given that, on February 

2, 2011, NASDAQ OMX PHLX LLC 

(‘‘Phlx’’ or ‘‘Exchange’’) filed with the 

mstockstill on DSKH9S0YB1PROD with NOTICES

Federal Register / Vol. 76, No. 35 / Tuesday, February 22, 2011 / Notices 9847 

3 15 U.S.C. 78s(b)(1). 

4 17 CFR 240.19b–4. 

5See Securities Exchange Act Release No. 33063 

(October 18, 1993), 58 FR 54619 (October 18, 1993) 

(SR–Phlx–93–18) (a rule change to list strike price 

intervals of $2.50 or greater for individual stock 

options). See also Securities Exchange Act Release 

Nos. 52961 (December 15, 2005), 70 FR 76095 

(December 15, 2005) (SR–Phlx–2005–77) (a rule 

change to allow list options with $2.50 strike price 

intervals for options with strike prices between $50 

and $75); and 55338 (February 23, 2007), 72 FR 

9371 (March 1, 2007) (SR–Phlx–2007–04) (a rule 

change to list LEAPS at $2.50 strike price intervals). 

6 Initially adopted in 1995 as a pilot program, the 

options exchanges at that time were permitted to 

list options with $2.50 strike price intervals up to 

$50 on a total of up to 100 option classes. In 1998, 

the pilot program was expanded and permanently 

approved to allow the options exchanges 

collectively to select up to 200 option classes on 

which to list options with $ 2.50 strike price 

intervals up to $ 50. Of the current 200 options 

classes eligible for the Program, 46 have been 

allocated to the Exchange. In addition, each options 

exchange is permitted to list options with $2.50 

strike price intervals on any option class that 

another options exchange selects under its Program. 

See Securities Exchange Act Release Nos. 35993 

(July 19, 1995), 60 FR 38073 (July 25, 1995) 

(approving File Nos. SR–Phlx–95–08, SR–Amex– 

95–12, SR–PSE–95–07, SR–CBOE–95–19, and SR– 

NYSE–95–12); and 40662 (November 12, 1998), 63 

FR 64297 (November 19, 1998) (approving File Nos. 

SR–Amex–98–21, SR–CBOE–98–29, SR–PCX–98– 

31, and SR–Phlx–98–26). 

7The term ‘‘primary market’’ is defined in 

Exchange Rule 1000 in respect of an underlying 

stock or exchange-traded fund share as the 

principal market in which the underlying stock or 

exchange-traded fund share is traded. 

8Commentary .05 of Exchange Rule 1012 also 

permits strike price intervals of $5.00 or greater 

where the strike price is greater than $25 but less 

than $200; and $2.50 or greater where the strike 

price is $25 or less and $10 or greater where the 

strike price is $200 or more, except as provided 

otherwise in Rule 1012. 

9The 75 strike put would trade at $.30 in this 

example. 

10See Securities Exchange Act Release No. 35993 

(July 19, 1995), 60 FR 38073 (July 25, 1995) 

(approving File Nos. SR–Phlx–95–08, SR–Amex– 

95–12, SR–PSE–95–07, SR–CBOE–95–19, and SR– 

NYSE–95–12). 

Securities and Exchange Commission 

(the ‘‘Commission’’) the proposed rule 

change as described in Items I, II, and 

III below, which Items have been 

prepared by the Exchange. 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 

The Exchange, pursuant to Section 

19(b)(1) of the Act 3 and Rule 19b–4 

thereunder,4 proposes to amend 

Exchange Rule 1012, Series of Options 

Open for Trading, to expand the $2.50 

Strike Price Program.5

The text of the proposed rule change 

is available on the Exchange’s website at 

http:// 

nasdaqomxphlx.cchwallstreet.com/ 

NASDAQOMXPHLX/Filings/, at the 

principal office of the Exchange, at the 

Commission’s Public Reference Room, 

and on the Commission’s Web site at 

http://www.sec.gov. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange 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. The 

Exchange 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 the 

Statutory Basis for, the Proposed Rule 

Change 

1.Purpose 

The purpose of this proposed rule 

change is to expand the current $2.50 

Strike Price Program (‘‘Program’’) 6 to 

permit the listing of options with $2.50 

strike price intervals for options with 

strike prices between $50 and $100, 

provided the $2.50 strike price intervals 

are no more than $10 from the closing 

price of the underlying stock in the 

primary market.7 Additionally, the 

Exchange proposes to increase the 

number of option classes on individual 

stocks for which the intervals of strike 

prices will be $2.50 to 60 options 

classes. 

Currently, Exchange Rule 1012 at 

Commentary .05 permits the listing of 

options with $2.50 strike price intervals 

for options with strike prices between 

$50 and $75.8 Specifically, the 

Exchange proposes to amend 

Commentary .05 to Exchange Rule 1012 

to amend the current text. 

For example, consider a hypothetical 

where Caterpillar, Inc. (‘‘CAT’’) was 

trading at $81. With approximately one 

month remaining until expiration, and 

with a front month at-the-money put 

option (the 80 strike) trading at 

approximately $1.30, the investor would 

be able to purchase a $77.50 strike put 

at an estimated $.60 per contract. Today, 

the next available strike of a one month 

put option is the 75 strike. While the 75 

strike put would certainly trade at a 

lesser price than the 80 strike put,9 the 

protection offered would only take 

effect with a 7.40% decline in the 

market as opposed to a 4.30% decline 

in the market. The additional choice 

would provide the investor an 

additional to hedge exposure (the 

opportunity to hedge with a reduced 

outlay) and thereby minimize risk if 

there were a decline in the stock price 

of CAT. 

Another example would be if an 

investor desired to sell call options to 

hedge the exposure of an underlying 

stock position and enhance yield. 

Consider a hypothetical where CAT was 

trading at $81 and the second month 

(two months remaining) of a recently 

out-of-the-money call option (the 85 

strike) was trading at approximately 

$2.35. If the investor where to sell the 

85 call against an existing stock 

position, the investor could yield a 

return of approximately 2.90% over a 

two month period or an annualized 

return of 17.4%. By providing an 

additional $2.50 strike interval above 

$75, the investor would have the 

opportunity to sell the 82.50 strike 

instead of the 85 strike. If the 85 strike 

call were trading at $2.35, the 82.50 

strike call would trade at approximately 

3.30. By selling the 82.50 strike call at 

3.30 against an existing stock position, 

the investor could yield a 4.07% return 

over a two month period or an 

annualized 24.40% return. Therefore, an 

additional choice of a $2.50 strike 

interval could afford varying yields to 

the investor. 

The Exchange believes that the 

Program has to date created additional 

trading opportunities for investors, 

thereby benefiting the marketplace. The 

existence of $2.50 strike prices with 

strike intervals above $75 affords 

investors the ability to more closely 

tailor investment strategies to the 

precise movement of the underlying 

security and meet their investment, 

trading and risk management 

requirements. 

The Exchange is also proposing to 

increase the number of option classes on 

individual stocks for which the intervals 

of strike prices will be $2.50 to 60 

options classes. Currently, the Exchange 

may select up to 46 options classes on 

individual stocks for which the intervals 

of strike prices will be $2.50. Initially 

adopted in 1995 as a pilot program, the 

options exchanges at that time were 

permitted to list options with $2.50 

strike price intervals up to $50 on a total 

of up to 100 option classes.10 In 1998, 

the pilot program was expanded and 

permanently approved to allow the 

options exchanges collectively to select 

up to 200 option classes on which to list 

options with $2.50 strike price intervals 

mstockstill on DSKH9S0YB1PROD with NOTICES

9848 Federal Register / Vol. 76, No. 35 / Tuesday, February 22, 2011 / Notices 

11See Securities Exchange Act Release No. 40662 

(November 12, 1998), 63 FR 64297 (November 19, 

1998) (approving File Nos. SR–Amex–98–21, SR– 

CBOE–98–29, SR–PCX–98–31, and SR–Phlx–98– 

26). 

12See Securities Exchange Act Release No. 40662 

(November 12, 1998), 63 FR 64297 (November 19, 

1998) (approving File Nos. SR–Amex–98–21, SR– 

CBOE–98–29, SR–PCX–98–31, and SR–Phlx–98– 

26). 

13Currently, The Chicago Board Options 

Exchange, Incorporated (‘‘CBOE’’) has an allocation 

of 60 options. 

14See Securities Exchange Act Release No. 62420 

(June 30, 2010), 75 FR 39593 (July 9, 2010) (SR– 

Phlx 2010–72). 

15 15 U.S.C. 78f(b). 

16 15 U.S.C. 78f(b)(5). 

up to $50.11 Of the current 200 options 

classes eligible for the Program, 46 have 

been allocated to the Exchange.12 In 

addition, each options exchange is 

permitted to list options with $2.50 

strike price intervals on any option class 

that another options exchange selects 

under its program. 

Since 1998, the 200 options classes 

have not been expanded, although 

increasingly more companies have 

completed initial public offerings from 

1998 through 2010. Additionally, 

significantly more options classes are 

trading in 2010 as compared to 1998. 

The Exchange proposes to increase its 

allocation from 46 to 60 13 options 

classes to accommodate investor 

requests for $2.50 strikes in certain 

options classes. The Exchange believes 

that offering additional options classes 

would benefit investors. 

Furthermore, the Exchange does not 

believe that this proposal would have a 

negative impact on the marketplace. The 

Exchange would compare this proposal 

with the $1 Strike Price expansion, 

wherein the Exchange expanded its $1 

Strike Price Program from 55 individual 

stocks to 150 individual stocks on 

which an option series may be listed at 

$1 strike price intervals.14 The 

Exchange believes that this proposal, 

wherein the Exchange is proposing to 

increase its allocation from 46 to 60 

options classes is substantially less than 

the $1 Strike Price Program increase and 

therefore would have less impact than 

that program, which has not had any 

negative impact on the market in terms 

of proliferation of quote volume or 

fragmentation. 

With regard to the impact of this 

proposal on system capacity, the 

Exchange has analyzed its capacity and 

represents that it and the Options Price 

Reporting Authority have the necessary 

system capacity to handle the potential 

additional traffic associated with the 

listing and trading of classes on 

individual stocks in the $2.50 Strike 

Price Program. 

2. Statutory Basis 

The Exchange believes that its 

proposal is consistent with Section 6(b) 

of the Act 15 in general, and furthers the 

objectives of Section 6(b)(5) of the Act16

in particular, in that it is designed to 

promote just and equitable principles of 

trade, to remove impediments to and 

perfect the mechanism of a free and 

open market and a national market 

system, and, in general to protect 

investors and the public interest. The 

Exchange believes that the effect of the 

proposed expansion on the marketplace 

would not result in a material 

proliferation of quote volume or 

concerns with fragmentation. In 

addition, the Exchange believes that it 

has the necessary system capacity to 

handle the potential additional traffic 

associated with the listing and trading 

of classes. 

Rather, the Exchange believes the 

$2.50 Strike Price Program proposal 

would provide the investing public and 

other market participants increased 

opportunities to better manage their risk 

exposure. Accordingly, the Exchange 

believes that the proposal to expand the 

Program to allow the listing of options 

with $2.50 strike price intervals for 

options with strike prices between $50 

and $100 should further benefit 

investors and the market by providing 

greater trading opportunities for those 

underlying stocks that have low 

volatility and thus trade in a narrow 

range. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition not 

necessary or appropriate in furtherance 

of the purposes of the Act. 

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 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period (i) 

as the Commission may designate up to 

90 days of such date if it finds such 

longer period to be appropriate and 

publishes its reasons for so finding or 

(ii) as to which the Exchange consents, 

the Commission shall: (a) By order 

approve or disapprove such proposed 

rule change, or (b) institute proceedings 

to determine whether the proposed rule 

change should be 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–2011–15 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–2011–15. 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– 

2011–15 and should be submitted on or 

before March 15, 2011. 

mstockstill on DSKH9S0YB1PROD with NOTICES

Federal Register / Vol. 76, No. 35 / Tuesday, February 22, 2011 / Notices 9849 

17 17 CFR 200.30–3(a)(12). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.17

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–3801 Filed 2–18–11; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 7339] 

30–Day Notice of Proposed 

Information Collection: Refugee 

Biographic Data, OMB Control Number 

1405–0102 

ACTION: Notice of request for public 

comment and submission to OMB of 

proposed collection of information. 

SUMMARY: The Department of State has 

submitted the following information 

collection request to the Office of 

Management and Budget (OMB) for 

approval in accordance with the 

Paperwork Reduction Act of 1995. 

• Title of Information Collection: 

Refugee Biographic Data 

• OMB Control Number: 1405–0102 

• Type of Request: Extension of a 

Currently Approved Collection 

• Originating Office: Bureau of 

Population, Refugees, and Migration, 

PRM/A 

• Form Number: N/A 

• Respondents: Refugee applicants for 

the U.S. Refugee Admissions Program 

• Estimated Number of Respondents: 

75,000 

• Estimated Number of Responses: 

75,000 

• Average Hours Per Response: onehalf hour 

• Total Estimated Burden: 37,500 

hours 

• Frequency: once per respondent 

• Obligation to Respond: required to 

obtain a benefit 

DATES: Submit comments to the Office 

of Management and Budget (OMB) for 

up to 30 days from February 22, 2011. 

ADDRESSES: Direct comments to the 

Department of State Desk Officer in the 

Office of Information and Regulatory 

Affairs at the Office of Management and 

Budget (OMB). You may submit 

comments by the following methods: 

• E-mail: oira_submission@ 

omb.eop.gov. You must include the DS 

form number, information collection 

title, and OMB control number in the 

subject line of your message. 

• Fax: 202–395–5806. Attention: Desk 

Officer for Department of State. 

FOR FURTHER INFORMATION CONTACT: You 

may obtain copies of the proposed 

information collection and supporting 

documents from Delicia Spruell, 

Department of State, PRM/Admissions, 

2025 E Street, NW., Washington, DC 

20522–0908, who may be reached on 

(202) 453–9257 or at spruellda@ 

state.gov. 

SUPPLEMENTARY INFORMATION: We are 

soliciting public comments to permit 

the Department to: 

• Evaluate whether the proposed 

information collection is necessary to 

properly perform our functions. 

• Evaluate the accuracy of our 

estimate of the burden of the proposed 

collection, including the validity of the 

methodology and assumptions used. 

• Enhance the quality, utility, and 

clarity of the information to be 

collected. 

• Minimize the reporting burden on 

those who are to respond. 

Abstract of proposed collection: The 

Refugee Biographic Data Sheet describes 

a refugee applicant’s personal 

characteristics and is needed to match 

the refugee with a sponsoring voluntary 

agency to ensure appropriate initial 

reception and placement in the U.S. 

under the United States Refugee 

Admissions Program administered by 

the Bureau of Population, Refugees, and 

Migration. 

Methodology: Biographic information 

is collected in a face-to-face interview of 

the applicant overseas. An employee of 

an Overseas Processing Entity, under 

contract with PRM, collects the 

information and enters it into the 

Worldwide Refugee Admissions 

Processing System. 

Dated: February 14, 2011. 

Lawrence Bartlett, 

Acting Director, Office of Admissions, Bureau 

of Population, Refugees, and Migration, 

Department of State. 

[FR Doc. 2011–3879 Filed 2–18–11; 8:45 am] 

BILLING CODE 4710–33–P 

DEPARTMENT OF STATE 

[Public Notice 7340] 

Comprehensive Environmental 

Evaluations for Antarctic Activities 

SUMMARY: The Department of State gives 

notice of the availability of two draft 

Comprehensive Environmental 

Evaluations (CEEs) for activities 

proposed to be undertaken in 

Antarctica. Interested members of the 

public are invited to submit comments 

relative to these CEEs. 

DATES: Comments must be submitted on 

or before May 17, 2011. 

ADDRESSES: Send comments to OES/ 

OPA, Room 2665; Department of State; 

Washington, DC 20520, or to 

FosterHD@state.gov. 

FOR FURTHER INFORMATION CONTACT: 

Harold D. Foster, Office of Ocean and 

Polar Affairs, (202) 647–0237. 

SUPPLEMENTARY INFORMATION: Article 3 

of Annex I to the Protocol on 

Environmental Protection to the 

Antarctic Treaty requires the 

preparation of a CEE for any proposed 

Antarctic activity likely to have more 

than a minor or transitory impact. Draft 

CEEs are to be made publicly available 

with a 90-day period for receipt of 

comments. This notice is published 

pursuant to 16 U.S.C. 2403a(h). 

The Department of State has received 

two draft CEEs: 

1. The United Kingdom has submitted 

a draft CEE entitled ‘‘Proposed 

Exploration of Subglacial Lake 

Ellsworth, Antarctica.’’ The document is 

available on the Internet at the following 

Web site: http://www.antarctica.ac.uk//

about_antarctica/geography/

environment/eia/subglacial_lake_

ellsworth_cee.pdf. 

2. The Republic of Korea has 

submitted a draft CEE entitled ‘‘Draft 

Comprehensive Environmental 

Evaluation: Construction and Operation 

of Jang Bogo Antarctic Research Station, 

Terra Nova Bay, Antarctica.’’ The 

document is available on the Internet at 

the following Web site: http:// 

www.kopri.re.kr/english/eng_news/

userBbs/bbsView.do?bbs_cd_n=36&bbs_

seq_n=10. 

The Department of State invites 

interested members of the public to 

provide written comments on these 

draft CEEs. 

Date: February 16, 2011. 

William R. Meara, 

Deputy Director, Office of Ocean and Polar 

Affairs, Department of State. 

[FR Doc. 2011–3876 Filed 2–18–11; 8:45 am] 

BILLING CODE 4710–09–P 

DEPARTMENT OF TRANSPORTATION 

Office of the Secretary 

Privacy Act of 1974: System of 

Records 

AGENCY: Federal Motor Carrier Safety 

Administration (FMCSA), Department 

of Transportation. 

ACTION: Notice to establish a new system 

of records. 

SUMMARY: FMCSA proposes to establish 

the system of records called ‘‘Medical 

Exemption Program’’ in compliance 

with the terms of the Privacy Act of 

1974 (5 U.S.C. 552a). FMCSA has 

established the Medical Exemption 

mstockstill on DSKH9S0YB1PROD with NOTICES