Federal Register / Vol. 75, No. 124 / Tuesday, June 29, 2010 / Notices 37409 

21See also Previous Orders, 73 FR at 31982 (June 

5, 2008), 73 FR at 3 FR at 31980 (June 5, 2008), and 

73 FR at 79832 (December 30, 2008). 

22One commenter questioned whether the 

Commission’s conclusions regarding sound risk 

management practices at OCC were unduly reliant 

on supervision by others. In fact, the Commission 

itself conducts supervision of OCC and its risk 

management practices. 

of the specific provisions of Section 

15(a) of the CEA, as follows: 21

1. Protection of market participants 

and the public. National securities 

exchanges, OCC, and their members 

who would intermediate the abovedescribed Options and Security Futures 

on Gold and Silver Products are subject 

to extensive regulatory oversight. 

2. Efficiency, competition, and 

financial integrity. The exemptive order 

may enhance market efficiency and 

competition since it could encourage 

potential trading of Options and 

Security Futures on Gold and Silver 

Products through modes other than 

those normally applicable; that is, 

designated contract markets or 

derivatives transaction execution 

facilities. Financial integrity will not be 

affected since the Options and Security 

Futures on Gold and Silver Products 

will be cleared by OCC, a DCO and SECregistered clearing agency, 

intermediated by SEC-registered brokerdealers. 

3. Price discovery. Price discovery 

may be enhanced through market 

competition. 

4. Sound risk management practices. 

The Options and Security Futures on 

Gold and Silver Products will be subject 

to OCC’s current risk-management 

practices including its margining 

system. In addition, OCC is supervised 

by both the SEC and the Commission, 

and the Commission has found OCC’s 

risk management practices, including its 

margining system, generally sound.22

5. Other public interest 

considerations. The exemptive order 

appears likely to encourage 

development of derivative products 

through market competition without 

unnecessary regulatory burden. 

The Commission requested comment 

on its application of these factors in the 

proposing release. As noted above, one 

comment was received. 

After considering these factors, the 

Commission has determined to issue 

this order. 

Issued in Washington, DC, on June 14, 

2010 by the Commission. 

Sauntia S. Warfield, 

Assistant Secretary of the Commission. 

[FR Doc. 2010–14818 Filed 6–28–10; 8:45 am] 

BILLING CODE 6351–01–P 

CORPORATION FOR NATIONAL AND 

COMMUNITY SERVICE 

Information Collection; Submission for 

OMB Review, Comment Request 

AGENCY: Corporation for National and 

Community Service. 

ACTION: Notice. 

SUMMARY: The Corporation for National 

and Community Service (hereinafter the 

‘‘Corporation’’), has submitted a public 

information collection request (ICR), 

titled the Application for the President’s 

Higher Education Community Service 

Honor Roll, to the Office of Management 

and Budget (OMB) for review and 

approval in accordance with the 

Paperwork Reduction Act of 1995, 

Public Law 104–13, (44 U.S.C. Chapter 

35). Copies of this ICR, with applicable 

supporting documentation, may be 

obtained by calling the Corporation, 

Kevin Michael Days, at (202) 606–6899. 

Individuals who use a 

telecommunications device for the deaf 

(TTY–TDD) may call (202) 606–3472 

between 8:30 a.m. and 5 p.m. eastern 

time, Monday through Friday. 

ADDRESSES: Comments may be 

submitted, identified by the title of the 

information collection activity, to the 

Office of Information and Regulatory 

Affairs, Attn: Ms. Sharon Mar, OMB 

Desk Officer for the Corporation for 

National and Community Service, by 

any of the following two methods 

within 30 days from the date of 

publication in this Federal Register: 

(1) By fax to: (202) 395–6974, 

Attention: Ms. Sharon Mar, OMB Desk 

Officer for the Corporation for National 

and Community Service; and 

(2) Electronically by e-mail to: 

smar@omb.eop.gov. 

SUPPLEMENTARY INFORMATION: The OMB 

is particularly interested in comments 

which: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the Corporation, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Propose ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and 

• Propose ways to minimize the 

burden of the collection of information 

on those who are to respond, including 

through the use of appropriate 

automated, electronic, mechanical, or 

other technological collection 

techniques or other forms of information 

technology, e.g., permitting electronic 

submissions of responses. 

Comments 

A 60-day public comment Notice was 

published in the Federal Register on 

March 30, 2010. This comment period 

ended June 1, 2010. No public 

comments were received from this 

Notice. 

Description: The Corporation is 

seeking approval of the Application for 

the President’s Higher Education 

Community Service Honor Roll. The 

President’s Higher Education 

Community Service Honor Roll program 

is designed to identify and reward 

exemplary higher education community 

service programs and practices. This 

program helps fulfill the Corporation’s 

strategic goals of engaging Americans, 

particularly millions of college students, 

in service, and ensuring that all higher 

education institutions provide, or 

stimulate the creation of resources to 

coordinate service, service-learning, and 

community partnerships. During this 

fifth year of the Honor Roll program, the 

application will include a special focus 

area that will highlight the national 

service priorities of the Administration 

and the Edward M. Kennedy Serve 

America Act, by encouraging higher 

education institutions’ efforts to tackle 

priorities ranging from increasing high 

school graduation rates to fostering 

economic opportunity. 

Type of Review: Renewal. 

Agency: Corporation for National and 

Community Service. 

Title: Application for the President’s 

Higher Education Community Service 

Honor Roll. 

OMB Number: 3045- 0120. 

Agency Number: None. 

Affected Public: Degree-granting 

colleges and universities located in the 

U.S. and its territories. 

Total Respondents: 4,500. 

Frequency: Annual. 

Average Time per Response: Averages 

1 hour. 

Estimated Total Burden Hours: 4,500 

hours. 

Total Burden Cost (capital/startup): 

None. 

Total Burden Cost (operating/ 

maintenance): None. 

Dated: June 23, 2010. 

Elson Nash, 

Associate Director, Learn and Serve America. 

[FR Doc. 2010–15693 Filed 6–28–10; 8:45 am] 

BILLING CODE 6050–$$–P 


emcdonald on DSK2BSOYB1PROD with NOTICES4