Federal Register / Vol. 76, No. 48 / Friday, March 11, 2011 / Notices 13439 

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

2The text of the proposed rule change is attached 

as Exhibit 5 to DTC’s filing, which is available at 

http://www.dtcc.com/downloands/legal/ 

rule_filings/2010/dtc/2011–04.pdf. 

3 15 U.S.C. 78s(b)(3)(A)(iii) and 17 CFR 240.19b– 

4(f)(4). 

4The Commission has modified the text of the 

summaries prepared by the DTC. 

5For example, some income may be reclassified 

at the end of the year as short or long term capital 

gains. 

6Securities Exchange Release Act. No. 52977 

(December 19, 2005) [File No. SR–DTC–2005–20]. 

7 DTC’s Participants have requested that DTC 

clarify in its Procedures that it is currently 

performing this service because the IRS earlier this 

year published a notice on performing tax 

withholding on substitute dividend payments. 

8 15 U.S.C. 78q–1. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of DME 

Interactive Holdings, Inc. because it has 

not filed any periodic reports since the 

period ended March 31, 2001. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of DocuPort, 

Inc. because it has not filed any periodic 

reports since the period ended 

September 30, 2000. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of iCarbon 

Corp. because it has not filed any 

periodic reports since the period ended 

December 31, 2006. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above-listed 

companies. Therefore, it is ordered, 

pursuant to Section 12(k) of the 

Securities Exchange Act of 1934, that 

trading in the securities of the abovelisted companies is suspended for the 

period from 9:30 a.m. EST on March 8, 

2011, through 11:59 p.m. EDT on March 

21, 2011. 

By the Commission. 

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2011–5644 Filed 3–8–11; 4:15 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–64044; File No. SR–DTC– 

2011–04] 

Self-Regulatory Organizations; The 

Depository Trust Company; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend the 

Dividends Service Guide as It Relates 

to the Domestic Tax Reporting Service 

and the U.S. Tax Withholding Service 

March 7, 2011. 

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

Securities Exchange Act of 1934 

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

February 22, 2011, The Depository Trust 

Company (‘‘DTC’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change described in Items I and II 

below, which items have been prepared 

primarily by DTC.2 DTC filed the 

proposed rule change pursuant to 

Section 19(b)(3)(A)(iii) and Rule 19b– 

4(f)(4) thereunder so that the proposed 

rule change was effective upon filing 

with the Commission.3 The Commission 

is publishing this notice to solicit 

comments on the proposed rule change 

from interested parties. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The proposed rule change will update 

DTC’s Dividends Service Guide to 

clarify that: (1) The Domestic Tax 

Reporting Service (‘‘DTax’’) is no longer 

available on the Internet or as a 

computerized file, (2) DTC’s tax 

withholding services that DTC performs 

relate exclusively to payments 

processed through DTC, and (3) DTC’s 

U.S. Tax Withholding Service is 

available to all non-U.S. entities that are 

DTC participants. 

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 these statements.4

(A) Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

When an issuer makes a distribution 

on a security, the payment is classified 

for tax purposes as a particular type of 

income. Often such income is 

reclassified at the end of the year as a 

different type of income than originally 

designated, which may result in a 

different taxability characteristic than 

the original income announcement 

described.5 When an income 

reclassification occurs, DTC participants 

need to be aware of it so they can 

properly prepare the IRS Forms 1099 

they are required to provide to their 

customers. The Domestic Tax Reporting 

Service (‘‘DTax’’) provides participants 

with income classification information 

for assistance in completing those 

forms. 

In 2005, for purposes of efficiency and 

enhanced customer service, DTax 

became a service offering of DTCC 

Solutions, a wholly-owned subsidiary of 

The Depository Trust & Clearing 

Corporation, DTC’s parent company.6 At 

that time, DTCC Solutions partnered 

with ADP Investor Communication 

Services, Inc. to provide DTax on the 

Internet and as a computerized file. 

Recently, DTCC Solutions and 

Broadridge, formerly ADP Investor 

Communication Services, Inc., ended 

their strategic alliance. In an effort to 

enhance the utility of the DTC 

Dividends Service Guide (‘‘Guide’’), DTC 

is making updates to the Guide to reflect 

the fact that the strategic alliance no 

longer exists and to note that while 

DTax is still accessible through inquiry 

functions on DTC’s Participant Terminal 

System and DTC’s Participant Browser 

Service, DTax is no longer available on 

the Internet or as a computerized file. 

Additionally and as requested by its 

participants, DTC is making other minor 

updates to the Guide’s information 

relating to DTC’s U.S. Tax Withholding 

Service in order to clarify that the tax 

withholding services that DTC performs 

relate exclusively to payments 

processed through DTC and that DTC 

cannot and does not perform tax 

withholding for payments outside of its 

systems. The updates include 

clarifications to assure participants that 

DTC performs tax withholding services 

on the credits processed by its Stock 

Loan Income Tracking Service and Repo 

Tracking Service and on payments 

credited to the DTC accounts of nonU.S. participants.7 The Guide is also 

being updated to make clear that DTC’s 

U.S. Tax Withholding Service is 

available to all non-U.S. entities that are 

participants of DTC and not just to 

entities that are qualified or 

nonqualified intermediaries (in tax 

parlance) for tax purposes. 

DTC believes that the proposed rule 

change is consistent with the 

requirements of Section 17A of the Act 8

and the rules and regulations 

thereunder applicable to DTC because 

the proposed rule should facilitate the 

prompt and accurate clearance and 

settlement of securities transactions by 


srobinson on DSKHWCL6B1PROD with NOTICES
13440 Federal Register / Vol. 76, No. 48 / Friday, March 11, 2011 / Notices 

9 15 U.S.C. 78s(b)(3)(A)(iii). 

10 17 CFR 240.19b–4(f)(4). 11 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

clarifying DTC’s procedures as they 

relate to certain tax services offered by 

and through DTC, which should 

enhance the use of DTC’s existing tax 

withholding services. 

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

DTC does not believe that the 

proposed rule change will impose any 

burden on competition that is 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 relating to the 

proposed rule change have been 

solicited or received. DTC will notify 

the Commission of any written 

comments received by DTC. 

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 9 and Rule 

19b–4(f)(4) 10 thereunder because it is a 

change in an existing service that does 

not adversely affect the safeguarding of 

securities or funds in the custody or 

control of the clearing agency and does 

not significantly affect the respective 

rights or obligations of the clearing 

agency or persons using the service. At 

any time within sixty days of the filing 

of such 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 

Number SR–DTC–2011–04 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–DTC–2011–04. 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 Section, 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 the principal office of DTC 

and on DTC’s Web site, http:// 

www.dtcc.com. 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–DTC– 

2011–04 and should be submitted on or 

before April 1, 2011. 

For the Commission by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–5645 Filed 3–10–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–64042; File No. SR– 

NYSEArca–2011–06] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Extending the Pilot 

Period of the Exchange’s Prior 

Approvals To Receive Inbound Routes 

of Certain Equities Orders From 

Archipelago Securities LLC 

March 7, 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 

28, 2011, NYSE Arca, Inc. (the 

‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with 

the 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 NYSE Arca. 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 proposes to extend the 

pilot period of the Exchange’s prior 

approvals to receive inbound routes of 

certain equities orders from Archipelago 

Securities LLC (‘‘Arca Securities’’), an 

NYSE Arca affiliated ETP Holder. The 

text of the proposed rule change is 

available at the Exchange, the 

Commission’s Public Reference Room, 

and http://www.nyse.com. 

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 

self-regulatory organization 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 those 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 parts of such 

statements. 


srobinson on DSKHWCL6B1PROD with NOTICES