82424 Federal Register / Vol. 75, No. 250 / Thursday, December 30, 2010 / Notices 

32 15 U.S.C. 78s(b)(2). 

33 17 CFR. 200.30–3(a)(12). 

listing of smaller sized SPACs, the 

Commission notes that Nasdaq has not 

proposed such changes. As to the 

suggestion on the language concerning 

the pro rata calculation, the Commission 

notes that the current language states 

that the pro rata amount is calculated 

based on the aggregate amount in the 

deposit account. It is unclear if founders 

share funds are typically deposited in 

the deposit account. If they are, then it 

is possible a clarification may be helpful 

that the value of the founders shares and 

founders warrants should not be used in 

calculating the pro rata amount owed 

the shareholders in cases where the 

founders agree not to exercise their 

redemption rights. Nasdaq may wish to 

examine this issue further to see if a rule 

filing is necessary to clarify the issue. 

Finally, as to the suggestion that 

Nasdaq’s initial listing standards be 

changed to accommodate the listing of 

smaller sized SPACs, the Commission 

notes that such SPACS can currently 

trade in the over-the-counter market. 

Any change to permit smaller sized 

SPACs to trade on Nasdaq would have 

to be separately proposed and 

considered and could only be approved 

if such a proposal was found to be 

consistent with the requirements of the 

Act. 

V. Conclusion 

Based on the foregoing, the 

Commission finds the proposal is 

consistent with the requirements of the 

Act. It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,32 that the 

proposed rule change (SR–NASDAQ– 

2010–137) is hereby approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.33

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–32904 Filed 12–29–10; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice: 7237] 

The Secretary of State’s International 

Council on Women’s Business 

Leadership 

AGENCY: Department of State. 

ACTION: Notice of intent to establish an 

advisory committee. 

The Secretary of State announces an 

intent to establish the International 

Council on Women’s Business 

Leadership, in accordance with the 

Federal Advisory Committee Act. 

Nature and Purpose: The Council will 

provide advice and assistance in the 

formulation of U.S. policy, positions, 

proposals and strategies for multilateral 

and bilateral negotiations, business 

outreach and commercial diplomacy, 

particularly pertaining to the economic 

empowerment of women for global 

economic prosperity where the State 

Department has the lead negotiating 

authority. The objective of the Council 

is to bring to the United States 

Government a source of expertise, 

knowledge and insight not available 

within the Department or elsewhere in 

the government on these issues. 

Other information: It is anticipated 

that the Council will meet at least once 

a year and at such other times and 

places as are required to fulfill the 

objectives of the Council. The 

Department of State affirms that the 

advisory committee is necessary and in 

the public interest. 

For further information, please 

contact: Nancy Smith-Nissley at (202) 

647–1682. 

Dated: December 20, 2010. 

Lorraine Hariton 

Special Representative, Office of Commercial 

& Business Affairs, U.S. Department of State. 

[FR Doc. 2010–32884 Filed 12–29–10; 8:45 am] 

BILLING CODE 4710–07–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

2011 Special 301 Review: Identification 

of Countries Under Section 182 of the 

Trade Act of 1974: Request for Public 

Comment and Announcement of 

Public Hearing 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Action: Request for written 

submissions from the public and 

announcement of public hearing. 

SUMMARY: Section 182 of the Trade Act 

of 1974 (Trade Act) (19 U.S.C. 2242) 

requires the United States Trade 

Representative (USTR) to identify 

countries that deny adequate and 

effective protection of intellectual 

property rights (IPR) or deny fair and 

equitable market access to U.S. persons 

who rely on intellectual property 

protection. (The provisions of Section 

182 are commonly referred to as the 

‘‘Special 301’’ provisions of the Trade 

Act.). The USTR is required to 

determine which, if any, of these 

countries should be identified as 

Priority Foreign Countries. Acts, 

policies, or practices that are the basis 

of a country’s identification as a Priority 

Foreign Country can be subject to the 

procedures set out in sections 301–305 

of the Trade Act. 

In addition, USTR has created a 

‘‘Priority Watch List’’ and ‘‘Watch List’’ 

to assist the Administration in pursuing 

the goals of the Special 301 provisions. 

Placement of a trading partner on the 

Priority Watch List or Watch List 

indicates that particular problems exist 

in that country with respect to IPR 

protection, enforcement, or market 

access for persons relying on 

intellectual property. Trading partners 

placed on the Priority Watch List are the 

focus of increased bilateral attention 

concerning the problem areas. 

USTR chairs an interagency team that 

reviews information from many sources, 

and that consults with and makes 

recommendations to the USTR on issues 

arising under Special 301. Written 

submissions from interested persons are 

a key source of information for the 

Special 301 review process. In 2011, 

USTR through the Special 301 

Committee will conduct a public 

hearing as part of the review process. 

USTR is hereby requesting written 

submissions from the public concerning 

foreign countries’ acts, policies, or 

practices that are relevant to the 

decision on whether a particular trading 

partner should be identified as a priority 

foreign country under Section 182 of the 

Trade Act or placed on the Priority 

Watch List or Watch List. Interested 

parties, including foreign governments, 

who want to testify at the public hearing 

must submit a request to testify at the 

hearing and a short hearing statement. 

The deadlines for these procedures are 

set out below. 

DATES: The schedule for the 2011 

Special 301 review is set forth below. 

Tuesday, February 15, 2011 (by 5 

p.m.)—For interested parties, except 

for foreign governments: Submit 

written comments, requests to testify 

at the Special 301 Public Hearing, and 

hearing statements. 

Tuesday, February 22, 2011 (by 5 

p.m.)—For foreign governments: 

Submit written comments, requests to 

testify at the Special 301 Public 

Hearing, and hearing statements. 

Wednesday, March 2, 2011—Special 

301 Committee Public Hearing for 

interested parties, including 

representatives of foreign 

governments, will be held at the 

offices of USTR, 1724 F Street, NW., 

Washington, DC 20508. Any change 

in the date or location of the hearing 

will be announced on http:// 

www.ustr.gov. 

On or about April 30, 2011—In 

accordance with statutory 


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