70618 Federal Register / Vol. 75, No. 222 / Thursday, November 18, 2010 / Proposed Rules 

with respect to which the meeting or 

portion was held whichever occurs 

later. 

(b) Open meetings. Transcripts or 

other records will be made of all open 

meetings of the Board. Those records 

will be made available upon request at 

a fee representing the Board’s actual 

cost of making them available. 

William D. Spencer, 

Clerk of the Board 

[FR Doc. 2010–29019 Filed 11–17–10; 8:45 am] 

BILLING CODE 7400–01–P 

NUCLEAR REGULATORY 

COMMISSION 

10 CFR Parts 30, 40, 70, 170 and 171 

[NRC–2009–0084] 

RIN 3150–AH15 

Distribution of Source Material to 

Exempt Persons and to General 

Licensees and Revision of General 

License and Exemptions; Extension of 

Comment Period 

AGENCY: Nuclear Regulatory 

Commission. 

ACTION: Proposed rule: extension of 

comment period. 

SUMMARY: On July 26, 2010, the U. S. 

Nuclear Regulatory Commission (NRC 

or the Commission) published for public 

comment a proposed rule to amend its 

regulations to require that the initial 

distribution of source material to 

exempt persons or general licensees be 

explicitly authorized by a specific 

license. The proposed rule would also 

modify the existing possession and use 

requirements of the general license for 

small quantities of source material and 

revise, clarify, or delete certain source 

material exemptions from licensing. The 

public comment period for this 

proposed rule was to have expired on 

November 23, 2010. The NRC has 

determined a need to develop draft 

implementation guidance to support 

this proposed rule and plans to publish 

such draft guidance no later than early 

January 2011. In order to allow the 

public sufficient time to review and 

comment on the proposed rule with the 

benefit of review of the draft 

implementation guidance, the NRC has 

decided to extend the comment period 

until February 15, 2011. 

DATES: The comment period has been 

extended and now expires on February 

15, 2011. Comments received after this 

date will be considered if it is practical 

to do so, but the NRC is able to assure 

consideration only for comments 

received on or before this date. 

ADDRESSES: Please include Docket ID 

NRC–2009–0084 in the subject line of 

your comments. For instructions on 

accessing documents related to this 

action, see ‘‘Submitting Comments and 

Accessing Information’’ in the 

SUPPLEMENTARY INFORMATION section of 

this document. You may submit 

comments by any one of the following 

methods. 

Federal Rulemaking Web site: Go to 

http://www.regulations.gov and search 

for documents filed under Docket ID 

NRC–2009–0084. Address questions 

about NRC dockets to Carol Gallagher, 

telephone: 301–492–3668, e-mail: 

Carol.Gallagher@nrc.gov. 

Mail comments to: Secretary, U.S. 

Nuclear Regulatory Commission, 

Washington, DC 20555–0001, ATTN: 

Rulemakings and Adjudications Staff. 

E-mail comments to: 

Rulemaking.Comments@nrc.gov. If you 

do not receive a reply e-mail confirming 

that we have received your comments, 

contact us directly at 301–415–1677. 

Hand-deliver comments to: 11555 

Rockville Pike, Rockville, Maryland 

20852, between 7:30 a.m. and 4:15 p.m. 

Federal workdays. (Telephone 301–415– 

1677.) 

Fax comments to: Secretary, U.S. 

Nuclear Regulatory Commission at 301– 

415–1101. 

FOR FURTHER INFORMATION CONTACT: Gary 

Comfort, Office of Federal and State 

Materials and Environmental 

Management Programs, U.S. Nuclear 

Regulatory Commission, Washington, 

DC 20555–0001, telephone: 301–415– 

8106, e-mail: Gary.Comfort@nrc.gov. 

SUPPLEMENTARY INFORMATION: 

Submitting Comments and Accessing 

Information 

Comments submitted in writing or in 

electronic form will be posted on the 

NRC Web site and on the Federal 

Rulemaking Web site http:// 

www.regulations.gov. Because your 

comments will not be edited to remove 

any identifying or contact information, 

the NRC cautions you against including 

any information in your submission that 

you do not want to be publicly 

disclosed. The NRC requests that any 

party soliciting or aggregating comments 

received from other persons for 

submission to the NRC inform those 

persons that the NRC will not edit their 

comments to remove any identifying or 

contact information, and therefore, they 

should not include any information in 

their comments that they do not want 

publicly disclosed. 

You can access publicly available 

documents related to this proposed rule 

using the following methods: 

NRC’s Public Document Room (PDR): 

The public may examine and have 

copied for a fee publicly available 

documents at the NRC’s PDR, Room O– 

1 F21, One White Flint North, 11555 

Rockville Pike, Rockville, Maryland. 

NRC’s Agencywide Documents Access 

and Management System (ADAMS): 

Publicly available documents created or 

received at the NRC are available 

electronically at the NRC’s Electronic 

Reading Room at http://www.nrc.gov/ 

reading-rm/adams.html. From this page, 

the public can gain entry into ADAMS, 

which provides text and image files of 

NRC’s public documents. If you do not 

have access to ADAMS or if there are 

problems in accessing the documents 

located in ADAMS, contact the NRC’s 

PDR reference staff at 1–800–397–4209, 

301–415–4737 or by e-mail to 

PDR.resource@nrc.gov. 

Federal Rulemaking Web site: Public 

comments and supporting materials 

related to this proposed rule can be 

found at http://www.regulations.gov by 

searching on Docket ID NRC–2009– 

0084. 

Discussion 

The NRC published a proposed rule 

that would amend its regulations in part 

40 of title 10 of the Code of Federal 

Regulations to require that the initial 

distribution of source material to 

exempt persons or general licensees be 

explicitly authorized by a specific 

license, which would include new 

reporting requirements. The proposed 

rule is intended to provide the 

Commission with more complete and 

timely information on the types and 

quantities of source material distributed 

for use either under exemption or by 

general licensees. In addition, the NRC 

is proposing to modify the existing 

possession and use requirements of the 

general license for small quantities of 

source material to better align the 

requirements with current health and 

safety standards. Finally, the NRC is 

proposing to revise, clarify, or delete 

certain source material exemptions from 

licensing to make the exemptions more 

risk informed. This proposed rule 

would affect manufacturers and 

distributors of certain products and 

materials containing source material 

and certain persons using source 

material under general license and 

under exemptions from licensing. 

The proposed rule was published on 

July 26, 2010 (75 FR 43425) and the 

public comment period was to have 

expired November 23, 2010. The NRC 

has determined a need to develop draft 

implementation guidance to support 

this proposed rule and plans to publish 

the draft implementation guidance no 


jlentini on DSKJ8SOYB1PROD with PROPOSALS
Federal Register / Vol. 75, No. 222 / Thursday, November 18, 2010 / Proposed Rules 70619 

1 12 CFR 620.5(i). 

2All references to senior officer(s) in this ANPRM 

refer to a senior officer as defined in 12 CFR 

619.9310. 

3All references to highly compensated 

individuals in this ANPRM refer to those officers 

described in 12 CFR 620.5(i)(2)(i)(B). 

4All references to compensation committees in 

this ANPRM refer to compensation committees as 

set forth in 12 CFR 620.31 and 12 CFR 630.6(b). 

5Public Law 92–181, 85 Stat. 583, 12 U.S.C. 2001 

et seq. 

6Section 5.17(a)(8), (9) and (10) of the Act. 12 

U.S.C. 2252(a)(8)(9) and (10). 

7Public Law 102–552, 106 Stat. 4131. 

later than early January 2011. In order 

to allow the public sufficient time to 

review and comment on the proposed 

rule with the benefit of review of the 

draft implementation guidance, the NRC 

has decided to extend the comment 

period until February 15, 2011. 

Dated at Rockville, Maryland, this 10th day 

of November 2010. 

For the Nuclear Regulatory Commission. 

Annette Vietti-Cook, 

Secretary of the Commission. 

[FR Doc. 2010–29108 Filed 11–17–10; 8:45 am] 

BILLING CODE 7590–01–P 

FARM CREDIT ADMINISTRATION 

12 CFR Parts 612, 620, and 630 

RIN 3052–AC41 

Standards of Conduct and Referral of 

Known or Suspected Criminal 

Violations; Disclosure to 

Shareholders; and Disclosure to 

Investors in System-Wide and 

Consolidated Bank Debt Obligations of 

the Farm Credit System; 

Compensation, Retirement Programs, 

and Related Benefits 

AGENCY: Farm Credit Administration. 

ACTION: Advance notice of proposed 

rulemaking (ANPRM). 

SUMMARY: The Farm Credit 

Administration (FCA, we, or our) is 

requesting comments on ways to clarify 

or otherwise enhance our regulations 

related to Farm Credit System (System) 

institutions’ disclosures to shareholders 

and investors on compensation, 

retirement programs and related benefits 

for senior officers, highly compensated 

individuals, and certain individual 

employees or other groups of 

employees. We are also seeking 

comments on whether we should issue 

new regulations in related areas. In 

keeping with today’s financial and 

economic environment, we believe it 

prudent and timely to undertake a 

review of our regulatory guidance on the 

identified areas. We intend to consider 

the information and suggestions we 

receive in response to this ANPRM 

when developing a rulemaking on 

compensation disclosures and related 

areas. 

DATES: You may send comments on or 

before March 18, 2011. 

ADDRESSES: We offer a variety of 

methods for you to submit your 

comments. For accuracy and efficiency 

reasons, commenters are encouraged to 

submit comments by e-mail or through 

the FCA’s Web site. As facsimiles (fax) 

are difficult for us to process and 

achieve compliance with section 508 of 

the Rehabilitation Act, we are no longer 

accepting comments submitted by fax. 

Regardless of the method you use, 

please do not submit your comments 

multiple times via different methods. 

You may submit comments by any of 

the following methods: 

• E-mail: Send us an e-mail at regcomm@fca.gov. 

• FCA Web site: http://www.fca.gov. 

Select ‘‘Public Commenters,’’ then 

‘‘Public Comments,’’ and follow the 

directions for ‘‘Submitting a Comment.’’ 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Mail: Gary K. Van Meter, Deputy 

Director, Office of Regulatory Policy, 

Farm Credit Administration, 1501 Farm 

Credit Drive, McLean, VA 22102–5090. 

You may review copies of all comments 

we receive at our office in McLean, 

Virginia or on our Web site at http:// 

www.fca.gov. Once you are in the Web 

site, select ‘‘Public Commenters,’’ then 

‘‘Public Comments,’’ and follow the 

directions for ‘‘Reading Submitted 

Public Comments.’’ We will show your 

comments as submitted, including any 

supporting data provided, but for 

technical reasons we may omit items 

such as logos and special characters. 

Identifying information that you 

provide, such as phone numbers and 

addresses, will be publicly available. 

However, we will attempt to remove email addresses to help reduce Internet 

spam. 

FOR FURTHER INFORMATION CONTACT: 

Deborah A. Wilson, Senior 

Accountant, Office of Regulatory Policy, 

Farm Credit Administration, McLean, 

VA 22102–5090, (703) 883–4414, TTY 

(703) 883–4434, or 

Laura McFarland, Senior Counsel, 

Office of General Counsel, Farm Credit 

Administration, McLean, VA 22102– 

5090, (703) 883–4020, TTY (703) 883– 

4020. 

SUPPLEMENTARY INFORMATION: 

I. Objective 

The objective of this ANPRM is to 

gather information for the development 

of a rulemaking that could result in: 

• Enhancing the transparency and 

consistency of disclosures related to 

System institution compensation 

policies and practices 1 for senior 

officers,2 highly compensated 

individuals,3 and/or certain other 

groups of employees whose activities, 

either individually or in the aggregate, 

are reasonably likely to materially 

impact an institution’s financial 

performance and risk profile; 

• Clarifying and enhancing the 

authorities and responsibilities of 

System institution compensation 

committees 4 in furtherance of their 

oversight activities; 

• Increasing user-control in System 

institutions’ compensation policies and 

practices by providing for a non-binding 

shareholder vote on senior officer 

compensation; 

• Requiring timely notice to 

interested parties of significant events, 

facts or circumstances occurring at a 

System institution between required 

reporting periods; 

• Addressing the appropriateness of, 

and enhancing the disclosure of, certain 

payments to System institution 

directors; and 

• Providing audit committees greater 

authority to access external resources 

when needed. 

II. Background 

The Farm Credit Act of 1971, as 

amended (Act),5 authorizes the FCA to 

issue regulations implementing the 

provisions of the Act, including those 

provisions that address System 

institution disclosures to shareholders 

and investors. Our regulations are 

intended to ensure the safe and sound 

operations of System institutions and 

govern the disclosure of financial 

information to shareholders of, and 

investors in, the Farm Credit System.6

Congress explained in section 514 of the 

Farm Credit Banks and Associations 

Safety and Soundness Act of 1992 (1992 

Act) 7 that disclosure of financial 

information and the reporting of 

potential conflicts of interest by 

institution directors, officers, and 

employees help ensure the financial 

viability of the System. In the 1992 Act, 

Congress required that we review our 

regulations to ensure that System 

institutions provide adequate 

disclosures to shareholders and other 

interested parties. We completed this 

initial review in 1993 making 

appropriate amendments to our 


jlentini on DSKJ8SOYB1PROD with PROPOSALS