70956 Federal Register / Vol. 75, No. 223 / Friday, November 19, 2010 / Notices 

E-mail: 

paperwork.comments@pbgc.gov. 

Fax: 202–326–4224. 

Mail or Hand Delivery: Legislative and 

Regulatory Department, Pension Benefit 

Guaranty Corporation, 1200 K Street, 

NW., Washington, DC 20005–4026. 

Comments received, including 

personal information provided, will be 

posted to http://www.pbgc.gov. 

Copies of the collection of 

information and comments may be 

obtained without charge by writing to 

the Disclosure Division, Office of 

General Counsel, at the above address or 

by visiting the Disclosure Division or 

calling 202–326–4040 during normal 

business hours. (TTY/TDD users may 

call the Federal relay service toll-free at 

1–800–877–8339 and ask to be 

connected to 202–326–4040.) The 

regulation on Liability for Termination 

of Single-Employer Plans can be 

accessed on PBGC’s Web site at 

http://www.pbgc.gov. 

FOR FURTHER INFORMATION CONTACT: 

Thomas H. Gabriel, Attorney, or 

Catherine B. Klion, Manager, Regulatory 

and Policy Division, Legislative and 

Regulatory Department, Pension Benefit 

Guaranty Corporation, 1200 K Street, 

NW., Washington, DC 20005–4026, 202– 

326–4024. (For TTY and TDD, call 800– 

877–8339 and request connection to 

202–326–4024). 

SUPPLEMENTARY INFORMATION: Section 

4062 of the Employee Retirement 

Income Security Act of 1974, as 

amended, provides that the contributing 

sponsor of a single-employer pension 

plan and members of the sponsor’s 

controlled group (‘‘the employer’’) incur 

liability (‘‘employer liability’’) if the plan 

terminates with assets insufficient to 

pay benefit liabilities under the plan. 

PBGC’s statutory lien for employer 

liability and the payment terms for 

employer liability are affected by 

whether and to what extent employer 

liability exceeds 30 percent of the 

employer’s net worth. 

Section 4062.6 of PBGC’s employer 

liability regulation (29 CFR 4062.6) 

requires a contributing sponsor or 

member of the contributing sponsor’s 

controlled group who believes employer 

liability upon plan termination exceeds 

30 percent of the employer’s net worth 

to so notify PBGC and to submit net 

worth information. This information is 

necessary to enable PBGC to determine 

whether and to what extent employer 

liability exceeds 30 percent of the 

employer’s net worth. 

The collection of information under 

the regulation has been approved by 

OMB under control number 1212–0017 

through March 31, 2011. PBGC intends 

to request that OMB extend its approval 

for another three years. An agency may 

not conduct or sponsor, and a person is 

not required to respond to, a collection 

of information unless it displays a 

currently valid OMB control number. 

PBGC estimates that an average of five 

contributing sponsors or controlled 

group members per year will respond to 

this collection of information. PBGC 

further estimates that the average annual 

burden of this collection of information 

will be 12 hours and $3,996 per 

respondent, with an average total 

annual burden of 60 hours and $19,980. 

PBGC is soliciting public comments 

to: 

Æ Evaluate whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

Æ Evaluate the accuracy of the 

agency’s estimate of the burden of the 

collection of information, including the 

validity of the methodology and 

assumptions used; 

Æ Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

Æ 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 submission of 

responses. 

Issued in Washington, DC, November 15, 

2010. 

John H. Hanley, 

Director, Legislative and Regulatory 

Department, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2010–29154 Filed 11–18–10; 8:45 am] 

BILLING CODE 7709–01–P 

POSTAL REGULATORY COMMISSION 

[Docket No. A2011–2; Order No. 586] 

Post Office Closing 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: This document informs the 

public that an appeal of the closing of 

the Lancaster, Tennessee post office has 

been filed. It identifies preliminary 

steps and provides a procedural 

schedule. Publication of this document 

will allow the Postal Service, petitioner, 

and others to take appropriate action. 

DATES: Administrative record due (from 

Postal Service): November 23, 2010; 

deadline for petitions to intervene: 

December 10, 2010. See the Procedural 

Schedule in the SUPPLEMENTARY

INFORMATION section for other dates of 

interest. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at 

http://www.prc.gov. Those who cannot 

submit comments electronically should 

contact the person identified in the FOR

FURTHER INFORMATION CONTACT section 

by telephone for advice on filing 

alternatives. 

FOR FURTHER INFORMATION CONTACT: 

Stephen L. Sharfman, General Counsel, 

at 202–789–6820 or 

stephen.sharfman@prc.gov. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that pursuant to 39 U.S.C. 

404(d), the Commission has received a 

petition for review of the closing of the 

Lancaster Post Office located in 

Lancaster, Tennessee. The petition 

which was filed by Allen Mason 

(Petitioner) is postmarked November 5, 

2010 and was posted on the 

Commission’s Web site November 10, 

2010. The Commission hereby institutes 

a proceeding under 39 U.S.C. 404(d)(5) 

and designates the case as Docket No. 

A2011–2 to consider the Petitioner’s 

appeal. If the petitioner would like to 

further explain his position with 

supplemental information or facts, he 

may either file a Participant Statement 

on PRC Form 61 or file a brief with the 

Commission by no later than December 

13, 2010. 

Categories of issues apparently raised. 

The categories of issues raised include: 

Failure to consider effect on the 

community. See 39 U.S.C. 

404(d)(2)(A)(i). 

After the Postal Service files the 

administrative record and the 

Commission reviews it, the Commission 

may find that there are more legal issues 

than the one set forth above, or that the 

Postal Service’s determination disposes 

of one or more of those issues. The 

deadline for the Postal Service to file the 

administrative record with the 

Commission is November 23, 2010. 39 

CFR 3001.113. 

Availability; Web site posting. The 

Commission has posted the appeal and 

supporting material on its Web site at 

http://www.prc.gov. Additional filings 

in this case and participants’ 

submissions also will be posted on the 

Web site, if provided in electronic 

format or amenable to conversion, and 

not subject to a valid protective order. 

Information on how to use the 

Commission’s Web site is available 

online or by contacting the 

Commission’s webmaster via telephone 


srobinson on DSKHWCL6B1PROD with NOTICES
Federal Register / Vol. 75, No. 223 / Friday, November 19, 2010 / Notices 70957 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 62977 

(September 22, 2010), 75 FR 59773 (‘‘Notice’’). 

4See letter from Frank Vivirito, Chief Compliance 

Officer, XR Securities LLC, to Elizabeth M. Murphy, 

Secretary, Commission, dated October 14, 2010 

(‘‘XR Securities Letter’’) and letter from J. Micah 

Glick, Chief Compliance Officer, Cutler Group LP, 

to Elizabeth M. Murphy, Secretary, Commission, 

dated October 22, 2010 (‘‘Cutler Letter’’). 

5Section 1.1 of CBOE’s By-Laws provides: ‘‘The 

term ‘Trading Permit Holder’ means any individual, 

corporation, partnership, limited liability company 

or other entity authorized by the rules that holds 

a Trading Permit. If a Trading Permit Holder is an 

individual, the Trading Permit Holder may also be 

referred to as an ‘individual Trading Permit Holder.’ 

If a Trading Permit Holder is not an individual, the 

Trading Permit Holder may also be referred to as 

a ‘TPH organization.’ A Trading Permit Holder is a 

‘member’ solely for purposes of the Act; however, 

one’s status as a Trading Permit Holder does not 

confer on that Person any ownership interest in the 

Exchange.’’ See Section 3(a)(3)(A) of the Act which 

defines member of an exchange. 

6Before CBOE demutualized, Rule 3.1(a) required 

every individual member or member organization to 

have as the principal purpose of its membership the 

conduct of a public securities business. 

at 202–789–6873 or via electronic mail 

at prc-webmaster@prc.gov. 

The appeal and all related documents 

are also available for public inspection 

in the Commission’s docket section. 

Docket section hours are 8 a.m. to 

4:30 p.m., Monday through Friday, 

except on Federal government holidays. 

Docket section personnel may be 

contacted via electronic mail at prcdockets@prc.gov or via telephone at 

202–789–6846. 

Filing of documents. All filings of 

documents in this case shall be made 

using the Internet (Filing Online) 

pursuant to Commission rules 9(a) and 

10(a) at the Commission’s Web site, 

http://www.prc.gov, unless a waiver is 

obtained. 39 CFR 3001.9(a) and 10(a). 

Instructions for obtaining an account to 

file documents online may be found on 

the Commission’s Web site, 

http://www.prc.gov, or by contacting the 

Commission’s docket section at prcdockets@prc.gov or via telephone at 

202–789–6846. 

Intervention. Those, other than the 

Petitioner and respondent, wishing to be 

heard in this matter are directed to file 

a notice of intervention. See 39 CFR 

3001.111. Notices of intervention in this 

case are to be filed on or before 

December 10, 2010. A notice of 

intervention shall be filed using the 

Internet (Filing Online) at the 

Commission’s Web site, 

http://www.prc.gov, unless a waiver is 

obtained for hardcopy filing. See 39 CFR 

3001.9(a) and 10(a). 

Further procedures. By statute, the 

Commission is required to issue its 

decision within 120 days from the date 

it receives the appeal. See 39 U.S.C. 

404(d)(5). A procedural schedule has 

been developed to accommodate this 

statutory deadline. In the interest of 

expedition, in light of the 120-day 

decision schedule, the Commission may 

request the Postal Service or other 

participants to submit information or 

memoranda of law on any appropriate 

issue. As required by the Commission 

rules, if any motions are filed, responses 

are due 7 days after any such motion is 

filed. 39 CFR 3001.21. 

It is ordered: 

1. The Postal Service shall file the 

administrative record in this appeal, or 

otherwise file a responsive pleading to 

the appeal, by November 23, 2010. 

2. The procedural schedule listed 

below is hereby adopted. 

3. Pursuant to 39 U.S.C. 505, 

Cassandra L. Hicks is designated officer 

of the Commission (Public 

Representative) to represent the 

interests of the general public. 

4. The Secretary shall arrange for 

publication of this notice and order and 

procedural schedule in the Federal 

Register. 

PROCEDURAL SCHEDULE

November 8, 2010 .............................................. Filing of Appeal. 

November 23, 2010 ............................................ Deadline for Postal Service to file administrative record in this appeal or responsive pleading. 

December 10, 2010 ............................................ Deadline for petitions to intervene (see 39 CFR 3001.111(b)). 

December 13, 2010 ............................................ Deadline for Petitioner’s Form 61 or initial brief in support of petition (see 39 CFR 3001.115(a), 

(b) and (e)). 

January 3, 2011 .................................................. Deadline for answering brief in support of Postal Service (see 39 CFR 3001.115(c)). 

January 18, 2011 ................................................ Deadline for reply briefs in response to answering briefs (see 39 CFR 3001.115(d)). 

January 25, 2011 ................................................ Deadline for motions requesting oral argument; the Commission will schedule oral argument 

only when it is a necessary addition to the written filings (see 39 CFR 3001.116). 

March 4, 2011 ..................................................... Expiration of the Commission 120-day decisional schedule (see 39 U.S.C. 404(d)(5)). 

By the Commission. 

Shoshana M. Grove, 

Secretary. 

[FR Doc. 2010–29204 Filed 11–18–10; 8:45 am] 

BILLING CODE P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63314; File No. SR–CBOE– 

2010–084] 

Self-Regulatory Organizations; 

Chicago Board Options Exchange, 

Incorporated; Order Approving 

Proposed Rule Change Regarding 

Registration and Qualification 

Requirements for Associated Persons 

November 12, 2010. 

I. Introduction 

On September 10, 2010, the Chicago 

Board Options Exchange, Incorporated 

(‘‘Exchange’’ or ‘‘CBOE’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’),1 and Rule 19b–4 

thereunder,2 a proposed rule change to 

apply its registration and qualification 

requirements to all of its members. The 

proposed rule change was published for 

comment in the Federal Register on 

September 28, 2010.3 The Commission 

received two comment letters on the 

proposal.4 This order approves the 

proposed rule change. 

II. Background 

Currently, registration, examination, 

and continuing education requirements 

for associated persons of trading permit 

holder 5 organizations (‘‘TPH 

organizations’’) that conduct a public 

customer business are in Chapter IX, 

Doing Business with the Public, of 

CBOE’s rules.6 The associated persons 

of TPH organizations register with the 

Exchange via the Uniform Application 

for Securities Industry Registration or 

Transfer (‘‘Form U4’’) through the 

Financial Industry Regulatory 

Authority’s (‘‘FINRA’’) Central 

Registration Depository System 

(‘‘WebCRD’’), and must pass the General 

Securities Representative examination 

(‘‘Series 7’’) to function as 

representatives; if acting as options 

principals engaged in the supervision of 

options sales practices, they must also 

pass the Registered Options Principal 


srobinson on DSKHWCL6B1PROD with NOTICES