2142 Federal Register / Vol. 76, No. 8 / Wednesday, January 12, 2011 / Notices 

1The rule would also apply for purposes of the 

prohibited transaction provisions contained in 

section 4975 of the Internal Revenue Code. 

the evaluation criteria, their 

descriptions, and performance 

indicators; and develop, maintain, and 

expand subject-specific databases 

including, but not limited to, the 

disproportionate minority contact and 

deinstitutionalization of status offenders 

best practices databases. Moreover, 

OJJDP is looking to improve technical 

capacity, expand and refine the 

database, and, generally, assure ease, 

speed, and precision in searching the 

database. 

National Training and Technical 

Assistance Center for Truancy 

Prevention and Intervention 

OJJDP intends to fund a National 

Training and Technical Assistance 

Center for Truancy Prevention and 

Intervention. The center will 

disseminate information regarding what 

works to prevent and intervene with 

school truancy and dropout problems 

and promote the use of evidence-based 

practices through training, technical 

assistance, and resources. 

State Relations and Assistance 

Division’s Training and Technical 

Assistance Program 

OJJDP proposes to award a 

cooperative agreement to an 

organization that will provide training 

and technical assistance to national, 

state, and local-level grantees and nongrantees. OJJDP expects that this 

training and technical assistance will 

assist them in planning, establishing, 

operating, coordinating, and evaluating 

delinquency prevention and juvenile 

justice systems improvement projects. 

Additionally, the selected organization 

will coordinate the State Relations and 

Assistance Division’s national training 

conferences. 

Continuations 

In FY 2011, OJJDP will continue to 

support: 

• Child Abuse Training for Judicial 

and Court Personnel 

• Engaging Law Enforcement To 

Reduce Juvenile Crime, Victimization, 

and Delinquency 

• State Advisory Group Training and 

Technical Assistance Project 

Fellowships 

OJJDP’s fellowship program is 

designed to enhance the Office’s efforts 

to develop and improve innovative 

programs that serve children, youth, and 

families. A secondary goal is to provide 

practitioners an opportunity to work 

closely with career and political Federal 

staff, contractors, grantees, and other 

public and private organizations in 

Washington, DC, and across the country. 

The fellow will provide direct 

operational assistance to OJJDP staff 

through assessment and capacity 

building, design and development of 

innovative initiatives and training 

programs, resource development, 

research and evaluation, policy 

development, and outreach and 

awareness. The fellow will also develop 

articles for publication and other 

products on specific topics. 

Concentration of Federal Efforts 

Fellowship 

OJJDP proposes to fund a fellow in the 

Concentration of Federal Efforts 

program for 2 years to strengthen the 

Office’s cross-agency partnership efforts. 

Currently, OJJDP staff and leadership 

participate in dozens of interagency 

efforts. The fellow will build on related 

ongoing work of other Federal agencies, 

develop new cross-agency partnerships 

and initiatives, identify and assess 

opportunities for cross-agency 

partnerships, and track the impact of 

existing partnership efforts. 

Visiting Research Fellowship Program 

OJJDP proposes funding for a visiting 

research fellowship to identify 

evidence-based programs to facilitate 

the development or enhancement of 

new and innovative programs. Through 

the program, fellows will investigate 

new approaches to address existing 

problems in juvenile justice in 

conjunction with OJJDP’s ongoing 

program of research into juvenile justice 

and delinquency prevention issues. 

General 

Support for Conferences on Juvenile 

Justice 

OJJDP plans to support conferences 

that address juvenile justice and the 

prevention of delinquency. This support 

would provide community prevention 

leaders, treatment professionals, 

juvenile justice officials, researchers, 

and practitioners with information on 

best practices and research-based 

models to support state, local 

government, and community efforts to 

prevent juvenile delinquency. 

Dated: January 7, 2011. 

Jeff Slowikowski, 

Acting Administrator, Office of Juvenile 

Justice and Delinquency Prevention. 

[FR Doc. 2011–548 Filed 1–11–11; 8:45 am] 

BILLING CODE 4410–18–P 

DEPARTMENT OF LABOR 

Employee Benefits Security 

Administration 

Hearing on Definition of ‘‘Fiduciary’’ 

AGENCY: Employee Benefits Security 

Administration, Labor. 

ACTION: Notice of hearing and extension 

of comment period. 

SUMMARY: Notice is hereby given that 

the Employee Benefits Security 

Administration will hold a hearing to 

consider issues attendant to adopting a 

regulation defining when a person is 

considered to be a ‘‘fiduciary’’ by reason 

of giving investment advice to an 

employee benefit plan or to a plan’s 

participants and beneficiaries. 

DATES: The hearing will be held on 

March 1, 2011 and, if necessary, March 

2, 2011, beginning at 9 a.m., EST. 

ADDRESSES: The hearing will be held at 

the U.S. Department of Labor, 200 

Constitution Avenue, NW., Washington, 

DC 20210. 

FOR FURTHER INFORMATION CONTACT: Fred 

Wong or Luisa Grillo-Chope, Office of 

Regulations and Interpretations, 

Employee Benefits Security 

Administration, U.S. Department of 

Labor, at (202) 693–8500. This is not a 

toll-free number. 

SUPPLEMENTARY INFORMATION: The 

Employee Benefits Security 

Administration (EBSA) published in the 

Federal Register on October 22, 2010, 

(75 FR 65263), a proposed rule under 

the Employee Retirement Income 

Security Act (ERISA) that, upon 

adoption, more broadly defines the 

circumstances under which a person is 

considered a ‘‘fiduciary’’ by reason of 

giving investment advice to an 

employee benefit plan or to a plan’s 

participants.1 The proposal amends a 

thirty-five year old rule that may 

inappropriately limit the types of 

investment advice relationships that 

give rise to fiduciary duties on the part 

of the investment advisor. The current 

regulation significantly narrows the 

plain language of section 3(21)(A)(ii) of 

the Employee Retirement Income 

Security Act (ERISA) by creating a 5- 

part test that must be satisfied in order 

for a person to be considered a fiduciary 

by reason of giving investment advice. 

The changes set forth in the proposed 

regulation are intended to more closely 

conform such determinations to the 

statutory definition, as well as take into 

account the significant changes in both 

mstockstill on DSKH9S0YB1PROD with NOTICES

Federal Register / Vol. 76, No. 8 / Wednesday, January 12, 2011 / Notices 2143 

the financial services industry and the 

expectations of plan officials and 

participants who receive investment 

advice. For a full discussion of the 

changes, see the October 22, 2010 

Federal Register at page 65263, et seq. 

or visit EBSA’s Web site at http:// 

www.dol.gov/ebsa/, see Proposed Rules. 

Since publication in the Federal 

Register, there has been considerable 

interest expressed in the proposed rule 

and its impact on various segments of 

the employee benefits and financial 

communities, as well as individuals and 

organizations involved with appraisals 

of employer stock and other assets. In 

order to ensure that all issues are fully 

considered and interested persons have 

sufficient time to share their views on 

this important regulation, EBSA has 

announced that it is extending the 

period for submitting comments on the 

proposal until February 3, 2011, two 

weeks after the close of the January 20, 

2011 comment period provided in the 

proposed regulation, and it is holding a 

public hearing, the subject of this 

notice. 

The hearing will be held on March 1, 

2011 and, if necessary, March 2, 2011, 

beginning at 9 a.m. EST, in the plaza 

auditorium of the U.S. Department of 

Labor, Frances Perkins Building, at 200 

Constitution Avenue, NW., Washington, 

DC 20210. 

Persons interested in presenting 

testimony and answering questions at 

this public hearing must submit, by 3:30 

p.m. EST, February 9, 2011, a written 

request to testify and an outline of the 

issues they would like to address at the 

hearing. It should be noted that, while 

reasonable efforts will be made to 

accommodate requests to testify on the 

specified issues, it may be necessary to 

limit the number of those testifying in 

order to provide an opportunity for the 

presentation of the broadest array of 

points of view during the period allotted 

for the hearing. Any persons not 

afforded an opportunity to testify will 

still have an opportunity to submit a 

written statement on the specified 

issues for the record. The hearing will 

be open to the general public. 

To facilitate the receipt and 

processing of requests to testify, EBSA 

encourages interested persons to submit 

their requests and outlines by e-mail to 

e-ORI@dol.gov, subject line: Fiduciary 

Definition Hearing. Persons submitting 

requests and outlines electronically 

should not submit paper copies. Persons 

submitting requests and outlines on 

paper should send or deliver their 

requests and outlines to the Office of 

Regulations and Interpretations, 

Employee Benefits Security 

Administration, Attn: Fiduciary 

Definition Hearing, Room N–5655, U.S. 

Department of Labor, 200 Constitution 

Avenue, NW., Washington, DC 20210. 

All requests and outlines submitted will 

be available to the public, without 

charge, online at http://www.dol.gov/ 

ebsa and at the Public Disclosure Room, 

N–1513, Employee Benefits Security 

Administration, U.S. Department of 

Labor, 200 Constitution Avenue, NW., 

Washington, DC 20210. 

EBSA will prepare an agenda 

indicating the order of presentation of 

oral comments and testimony. In the 

absence of special circumstances, each 

presenter will be allotted ten (10) 

minutes in which to complete his or her 

presentation. Those individuals who 

make oral comments and present 

testimony at the hearing should be 

prepared to answer questions regarding 

their information and/or comments. 

Those requesting to testify also should 

be prepared to participate as part of a 

panel, to the extent possible, organized 

by issue. 

Any individuals with disabilities who 

may need special accommodations 

should notify the Agency when 

contacted concerning the scheduling of 

their testimony. 

Information about the agenda will be 

posted on http://www.dol.gov/ebsa no 

later than February 17, 2011. 

Individuals planning to attend the 

hearing should provide contact 

information by e-mail to e-ORI@dol.gov 

and arrive at least 15 minutes prior to 

the start of the hearing to expedite 

entrance into the building. 

Notice of Public Hearing 

Notice is hereby given that a public 

hearing will be held on March 1, 2011 

and, if necessary, March 2, 2011, 

concerning issues related to the 

proposed rule defining when a person 

will be considered a ‘‘fiduciary’’ by 

reason of giving investment advice to a 

plan or to the plan’s participants. The 

hearing will be held beginning at 9 a.m. 

EST in the plaza auditorium of the U.S. 

Department of Labor, Frances Perkins 

Building, 200 Constitution Avenue, 

NW., Washington, DC 20210. 

Notice of Extension of Comment Period 

Notice is hereby given that the period 

for submitting comments on the 

proposed Definition of the Term 

‘‘Fiduciary,’’ published in the Federal 

Register on October 22, 2010 (75 FR 

65263), is being extended until February 

3, 2011. 

To facilitate the receipt and 

processing of comment letters, the EBSA 

encourages interested persons to submit 

their comments electronically by e-mail 

to e-ORI@dol.gov, subject line: 

Definition of Fiduciary Proposed Rule 

or by using the Federal eRulemaking 

portal at http://www.regulations.gov. 

Persons submitting comments 

electronically are encouraged not to 

submit paper copies. Persons interested 

in submitting paper copies should send 

or deliver their comments to the Office 

of Regulations and Interpretations, 

Employee Benefits Security 

Administration, Attn: Definition of 

Fiduciary Proposed Rule, Room N– 

5655, U.S. Department of Labor, 200 

Constitution Avenue, NW., Washington, 

DC 20210. All comments will be 

available to the public, without charge, 

online at http://www.regulations.gov 

and http://www.dol.gov/ebsa and at the 

Public Disclosure Room, N–1513, 

Employee Benefits Security 

Administration, U.S. Department of 

Labor, 200 Constitution Avenue, NW., 

Washington, DC 20210. Warning: Do not 

include any personally identifiable 

information (such as name, address, or 

other contact information) or 

confidential business information that 

you do not want publicly disclosed. All 

comments may be posted on the Internet 

and can be retrieved by most Internet 

search engines. Comments may be 

submitted anonymously. 

Signed at Washington, DC, this 6th day of 

January, 2011. 

Phyllis C. Borzi, 

Assistant Secretary, Employee Benefits 

Security Administration, Department of 

Labor. 

[FR Doc. 2011–483 Filed 1–11–11; 8:45 am] 

BILLING CODE 4510–29–P 

DEPARTMENT OF LABOR 

Employment and Training 

Administration 

Agency Information Collection 

Activities: Revision and Extension of a 

Currently Approved Information 

Collection; Comment Request 

AGENCY: Employment and Training 

Administration, Labor. 

ACTION: Notice. 

SUMMARY: The Department of Labor 

(Department), as part of its continuing 

effort to reduce paperwork and 

respondent burden, is conducting a preclearance consultation to provide the 

general public and Federal agencies 

with an opportunity to comment on a 

continuing collection of information in 

accordance with the Paperwork 

Reduction Act (PRA) of 1995 [44 U.S.C. 

3506(c)(2)(A)]. This consultation is 

undertaken to ensure that requested 

data can be provided in the desired 

mstockstill on DSKH9S0YB1PROD with NOTICES