63532 Federal Register / Vol. 75, No. 199 / Friday, October 15, 2010 / Notices 

9 15 U.S.C. 78f(b)(5). 

10 15 U.S.C. 78s(b)(2). 11 17 CFR 200.30–3(a)(12). 

and orderly market are present. In 

addition, trading in Shares will be 

subject to trading halts caused by 

extraordinary market volatility pursuant 

to the Exchange’s ‘‘circuit breaker’’ rule 

or by the halt or suspension of trading 

in the underlying futures contracts. 

In addition, NYSE Arca Equities Rule 

8.200(e) sets forth certain requirements 

for ETP Holders acting as registered 

Market Makers in the Shares to facilitate 

surveillance. 

In support of this proposal, the 

Exchange has made representations, 

including: 

(1) The Fund will meet the initial and 

continued listing criteria under NYSE 

Arca Equities Rule 8.200, Commentary 

.02. 

(2) The Exchange’s surveillance 

procedures are adequate to properly 

monitor Exchange trading of the Shares 

in all trading sessions and to deter and 

detect violations of Exchange rules and 

applicable Federal securities laws. 

(3) Prior to the commencement of 

trading, the Exchange will inform its 

ETP Holders in an Information Bulletin 

of the special characteristics and risks 

associated with trading the Shares. 

Specifically, the Information Bulletin 

will discuss the following: (a) The risks 

involved in trading the Shares during 

the Opening and Late Trading Sessions 

when an updated IIV will not be 

calculated or publicly disseminated; (b) 

the procedures for purchases and 

redemptions of Shares in Baskets 

(including noting that Shares are not 

individually redeemable); (c) NYSE 

Arca Equities Rule 9.2(a), which 

imposes a duty of due diligence on its 

ETP Holders to learn the essential facts 

relating to every customer prior to 

trading the Shares; (d) how information 

regarding the IIV is disseminated; (e) the 

requirement that ETP Holders deliver a 

prospectus to investors purchasing 

newly issued Shares prior to or 

concurrently with the confirmation of a 

transaction; and (f) trading information. 

This approval order is based on the 

Exchange’s representations. 

For the foregoing reasons, the 

Commission finds that the proposed 

rule change is consistent with Section 

6(b)(5) of the Act 9 and the rules and 

regulations thereunder applicable to a 

national securities exchange. 

IV. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,10 that the 

proposed rule change (SR–NYSEArca– 

2010–78), be, and it hereby is, approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–25949 Filed 10–14–10; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice: 7211] 

In the Matter of the Review of the 

Designation of the Armed Islamic 

Group and All Associated Aliases as 

Foreign Terrorist Organizations 

Pursuant to Section 219 of the 

Immigration and Nationality Act, as 

Amended 

Based upon a review of the 

Administrative Record assembled in 

this matter, and in consultation with the 

Attorney General and the Secretary of 

the Treasury, I conclude that the 

circumstances that were the basis for the 

2003 re-designation of the Armed 

Islamic Group (GIA) as foreign terrorist 

organization have changed in such a 

manner as to warrant revocation of the 

designation. Although the GIA no longer 

meets the criteria for designation as a 

foreign terrorist organization, its 

remnants and some senior leaders have 

joined al Qa’ida in the Islamic Maghreb 

(AQIM), a designated Foreign Terrorist 

Organization. 

Therefore, I hereby determine that the 

designation of the Armed Islamic Group 

as a foreign terrorist organization, 

pursuant to Section 219 of the 

Immigration and Nationality Act, as 

amended (8 U.S.C. 1189), shall be 

revoked. 

This determination shall be published 

in the Federal Register. 

Dated: September 28, 2010. 

Hillary Rodham Clinton, 

Secretary of State. 

[FR Doc. 2010–26082 Filed 10–14–10; 8:45 am] 

BILLING CODE 4710–10–P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35413] 

Lancaster & Chester Railroad, LLC— 

Acquisition and Operation 

Exemption—Line of Lancaster & 

Chester Railway Company 

Lancaster & Chester Railroad, LLC 

(L&C Railroad), a noncarrier, has filed a 

verified notice of exemption under 49 

CFR 1150.31 to acquire and operate 

approximately 62 miles of rail line 

owned by Class III rail carrier Lancaster 

& Chester Railway Company as follows: 

(1) Approximately 29 miles of rail line 

from Chester, S.C. (milepost 0.0) to 

Lancaster, S.C. (milepost 29.0), plus 

approximately 2 miles of connecting 

track from milepost 5.0 in Chester 

County, S.C., to the connection with 

Consolidated Rail Corporation at former 

Survey Station 0+06 (milepost SG– 

346+2210) of the Seaboard Coast Line 

Railroad Company in Chester County; 

and (2) approximately 31 miles of rail 

line from Kershaw, S.C. (milepost SB– 

58.7) to Catawba, S.C. (milepost SB– 

89.5) including, for each of the lines, 

related rail property and trackage. 

Because L&C Railroad’s projected 

annual revenues will exceed $5 million, 

L&C Railroad certified to the Board on 

August 30, 2010, that it had complied 

with the requirements of 49 CFR 

1150.32(e) providing for notice to 

employees and their labor unions on the 

affected line. L&C Railroad also certified 

that its projected revenues as a result of 

this transaction will not exceed those 

that would qualify it as a Class III 

carrier. 

This transaction is related to a 

concurrently filed verified notice of 

exemption in Docket No. FD 35414, Gulf 

& Ohio Railways Holding Co., Inc., H. 

Peter Claussen and Linda C. Claussen— 

Continuance in Control Exemption— 

Lancaster & Chester Railroad, LLC, 

wherein the above parties seek to 

continue in control of L&C Railroad, 

upon L&C Railroad’s becoming a Class 

III rail carrier. 

The transaction may be consummated 

on or after October 31, 2010 (the 

effective date of the exemption). 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke will not 

automatically stay the effectiveness of 

the exemption. Petitions for stay must 

be filed no later than October 22, 2010 

(at least 7 days before the exemption 

becomes effective). 

An original and 10 copies of all 

pleadings, referring to Docket No. FD 

35413, must be filed with the Surface 

Transportation Board, 395 E Street, SW., 

Washington, DC 20423–0001. In 

addition, a copy of each pleading must 

be served on Troy W. Garris, 2904 

Corporate Cir., Flower Mound, TX. 

75028. 

Board decisions and notices are 

available on our Web site at http:// 

www.stb.dot.gov. 

Decided: October 7, 2010. 

mstockstill on DSKH9S0YB1PROD with NOTICES