### 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.