396 Federal Register / Vol. 76, No. 2 / Tuesday, January 4, 2011 / Notices 

remain confidential. Id. at 2. This 

information includes the price structure 

and terms, expected profit, underlying 

costs and assumptions, cost coverage 

projections, and customer-related 

information. Id. at 2–3. 

II. Notice of Filings 

The Commission establishes Docket 

Nos. MC2011–16 and CP2011–53 to 

consider the Request pertaining to the 

proposed Parcel Select Contract 1 

product and the related contract, 

respectively. 

Interested persons may submit 

comments on whether the Postal 

Service’s filings in the captioned 

dockets are consistent with the policies 

of 39 U.S.C. 3632, 3633, or 3642, 39 CFR 

part 3015, and 39 CFR part 3020, 

subpart B. Comments are due no later 

than January 14, 2011. The public 

portions of these filings can be accessed 

via the Commission’s Web site (http:// 

www.prc.gov). 

The Commission appoints Paul L. 

Harrington to serve as Public 

Representative in these dockets. 

III. Ordering Paragraphs 

It is ordered: 

1. The Commission establishes Docket 

Nos. MC2011–16 and CP2011–53 to 

consider the matters raised in each 

docket. 

2, The Postal Service shall file the 

appropriate certification of compliance 

with 39 U.S.C. 3633(a)(1) and (3) no 

later than January 4, 2011. 

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

Harrington is appointed to serve as 

officer of the Commission (Public 

Representative) to represent the 

interests of the general public in these 

proceedings. 

4. Comments by interested persons in 

these proceedings are due no later than 

January 14, 2011. 

5. The Secretary shall arrange for 

publication of this order in the Federal 

Register. 

By the Commission. 

Shoshana M. Grove, 

Secretary. 

[FR Doc. 2010–33164 Filed 1–3–11; 8:45 am] 

BILLING CODE 7710–FW–P 

POSTAL SERVICE 

Product Change—Express Mail 

Negotiated Service Agreement 

AGENCY: Postal Service TM. 

ACTION: Notice. 

SUMMARY: Postal Service notice of filing 

of a request with the Postal Regulatory 

Commission to add a domestic shipping 

services contract to the list of Negotiated 

Service Agreements in the Mail 

Classification Schedule’s Competitive 

Products List pursuant to 39 U.S.C. 3642 

and 3632(b)(3). 

DATES: January 4, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth A. Reed, 202–268–3179. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service® hereby 

gives notice that on December 17, 2010, 

it filed with the Postal Regulatory 

Commission a Request of the United 

States Postal Service to Add Express 

Mail Contract 11 to Competitive Product 

List. Documents are available at http:// 

www.prc.gov, Docket Nos. MC2011–14, 

CP2011–50. 

Neva R. Watson, 

Attorney, Legislative. 

[FR Doc. 2010–33162 Filed 1–3–11; 8:45 am] 

BILLING CODE 7710–12–P 

POSTAL SERVICE 

Product Change—Priority Mail—NonPublished Rates 

AGENCY: Postal ServiceTM. 

ACTION: Notice. 

SUMMARY: Postal Service notice of filing 

of a request with the Postal Regulatory 

Commission to add a new product to the 

Mail Classification Schedule’s 

Competitive Products List pursuant to 

39 U.S.C. 3642 and 3632(b)(3). 

DATES: January 4, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth A. Reed, 202–268–3179. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service® hereby 

gives notice that on December 17, 2010, 

it filed with the Postal Regulatory 

Commission a Request of the United 

States Postal Service Concerning 

Priority Mail—Non-Published Rates and 

Notice of Filing Materials Under Seal. 

Documents are available at http:// 

www.prc.gov, Docket Nos. MC2011–15 

and CP2011–51. 

Neva R. Watson, 

Attorney, Legislative. 

[FR Doc. 2010–33148 Filed 1–3–11; 8:45 am] 

BILLING CODE 7710–12–P 

POSTAL SERVICE 

Product Change—Priority Mail 

Negotiated Service Agreement 

AGENCY: Postal Service TM. 

ACTION: Notice. 

SUMMARY: Postal Service notice of filing 

of a request with the Postal Regulatory 

Commission to add a domestic shipping 

services contract to the list of Negotiated 

Service Agreements in the Mail 

Classification Schedule’s Competitive 

Products List pursuant to 39 U.S.C. 3642 

and 3632(b)(3). 

DATES: January 4, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth A. Reed, 202–268–3179. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service® hereby 

gives notice that on December 17, 2010, 

it filed with the Postal Regulatory 

Commission a Request of the United 

States Postal Service to Add Priority 

Mail Contract 33 to Competitive Product 

List. Documents are available at http:// 

www.prc.gov, Docket Nos. MC2011–13, 

CP2011–49. 

Neva R. Watson, 

Attorney, Legislative. 

[FR Doc. 2010–33160 Filed 1–3–11; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Rule 8c–1; SEC File No. 270–455; OMB 

Control No. 3235–0514] 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: U.S. Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549. 

Existing collection in use without an OMB 

Number: 

Rule 8c–1, SEC File No. 270–455, OMB 

Control No. 3235–0514. 

Notice is hereby given that pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 

and Exchange Commission has 

submitted to the Office of Management 

and Budget requests for approval of the 

following rule: Rule 8c–1. 

Rule 8c–1 (17 CFR 240.8c–1) under 

the Securities Exchange Act of 1934 (15 

U.S.C. 78a et seq.) generally prohibits a 

broker-dealer from using its customers’ 

securities as collateral to finance its own 

trading, speculating, or underwriting 

transactions. More specifically, the rule 

states three main principles: First, that 

a broker-dealer is prohibited from 

commingling the securities of different 

customers as collateral for a loan 

without the consent of each customer; 

second, that a broker-dealer cannot 

commingle customers’ securities with 

its own securities under the same 

pledge; and third, that a broker-dealer 

can only pledge its customers’ securities 

to the extent that customers are in debt 


jlentini on DSKJ8SOYB1PROD with NOTICES
Federal Register / Vol. 76, No. 2 / Tuesday, January 4, 2011 / Notices 397 

1Although BFA does not currently expect to enter 

into subadvisory agreements with respect to the 

management of the Funds, it may do so in the 

future. If BFA were to enter into a subadvisory 

agreement with a BFA Affiliate (defined below) or 

other subadviser (each a ‘‘Subadviser’’), such 

Subadviser would be registered as an investment 

adviser under the Advisers Act. 

to the broker-dealer. See Securities 

Exchange Act Release No. 2690 

(November 15, 1940); Securities 

Exchange Act Release No. 9428 

(December 29, 1971). Pursuant to Rule 

8c–1, respondents must collect 

information necessary to prevent the 

hypothecation of customer accounts in 

contravention of the rule, issue and 

retain copies of notices to the pledgee of 

hypothecation of customer accounts in 

accordance with the rule, and collect 

written consents from customers in 

accordance with the rule. The 

information is necessary to ensure 

compliance with the rule, and to advise 

customers of the rule’s protections. 

There are approximately 111 

respondents per year (i.e., brokerdealers that conducted business with 

the public, filed Part II of the FOCUS 

Report, did not claim an exemption 

from the Reserve Formula computation, 

and reported that they had a bank loan 

during at least one quarter of the current 

year) that require an aggregate total of 

2,498 hours to comply with the rule. 

Each of these approximately 111 

registered broker-dealers makes an 

estimated 45 annual responses, for an 

aggregate total of 4,995 responses per 

year. Each response takes approximately 

0.5 hours to complete. Thus, the total 

compliance burden per year is 2,498 

burden hours. The approximate cost per 

hour is $59, resulting in a total cost of 

compliance for the respondents of 

approximately $147,382 (2,498 hours @ 

$59 per hour). 

The retention period for the 

recordkeeping requirement under Rule 

8c–1 is three years. The recordkeeping 

requirement under this rule is 

mandatory to ensure that broker-dealers 

do not commingle their securities or use 

them to finance the broker-dealers’ 

proprietary business. This rule does not 

involve the collection of confidential 

information. Persons should be aware 

that an agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a current valid control 

number. 

The public may view the background 

documentation for this information 

collection at the following Web site: 

http://www.reginfo.gov. Comments 

should be directed to: (i) Desk Officer 

for the Securities and Exchange 

Commission, Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, Room 10102, 

New Executive Office Building, 

Washington, DC 20503, or by sending an 

e-mail to: 

Shagufta_Ahmed@omb.eop.gov; and (ii) 

Thomas Bayer, Chief Information 

Officer, Securities and Exchange 

Commission, c/o Remi Pavlik-Simon, 

6432 General Green Way, Alexandria, 

VA 22312 or send an e-mail to: 

PRA_Mailbox@sec.gov. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: December 28, 2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–33113 Filed 1–3–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

29543; File No. 812–13601] 

iShares Trust, et al.; Notice of 

Application 

December 27, 2010. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice of an application for an 

order under section 6(c) of the 

Investment Company Act of 1940 

(‘‘Act’’) for an exemption from sections 

2(a)(32), 5(a)(1), 22(d) and 22(e) of the 

Act and rule 22c–1 under the Act, and 

under sections 6(c) and 17(b) of the Act 

for an exemption from sections 17(a)(1) 

and (a)(2) of the Act. 

Applicants: iShares Trust (‘‘Trust’’), 

iShares, Inc. (‘‘Corporation’’) (the Trust 

and Corporation, together, the 

‘‘Companies’’ and each a ‘‘Company’’), 

BlackRock Fund Advisors (‘‘BFA’’ or 

‘‘Adviser’’) and SEI Investments 

Distribution Co. (‘‘Distributor’’). 

SUMMARY: Summary of Application: 

Applicants request an order that 

permits: (a) Series o 

SUMMARY: f certain actively managed 

open-end management investment 

companies to issue shares (‘‘Shares’’) 

redeemable in large aggregations only 

(‘‘Creation Units’’); (b) secondary market 

transactions in Shares to occur at 

negotiated market prices; (c) certain 

series to pay redemption proceeds, 

under certain circumstances, more than 

seven days from the tender of Shares for 

redemption; and (d) certain affiliated 

persons of the series to deposit 

securities into, and receive securities 

from, the series in connection with the 

purchase and redemption of Creation 

Units. 

DATES: Filing Dates: The application was 

filed on November 7, 2008 and amended 

on May 4, 2009, June 17, 2010 and 

November 12, 2010. Applicants have 

agreed to file an amendment during the 

notice period, the substance of which is 

reflected in this notice. 

HEARING OR NOTIFICATION OF HEARING: 

An order granting the requested relief 

will be issued unless the Commission 

orders a hearing. Interested persons may 

request a hearing by writing to the 

Commission’s Secretary and serving 

applicants with a copy of the request, 

personally or by mail. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on January 21, 2011, and 

should be accompanied by proof of 

service on applicants, in the form of an 

affidavit or, for lawyers, a certificate of 

service. Hearing requests should state 

the nature of the writer’s interest, the 

reason for the request, and the issues 

contested. Persons who wish to be 

notified of a hearing may request 

notification by writing to the 

Commission’s Secretary. 

ADDRESSES: Secretary, U.S. Securities 

and Exchange Commission, 100 F 

Street, NE., Washington, DC 20549– 

1090. Applicants: Andrew Josef, Esq., 

BlackRock Fund Advisors, 400 Howard 

Street, San Francisco, CA 94105 for the 

Companies and BFA, and SEI 

Investments Distribution Co., One 

Freedom Valley Drive, Oaks, PA 19456. 

FOR FURTHER INFORMATION CONTACT: Jaea 

F. Hahn, Senior Counsel, at (202) 551– 

6870 or Jennifer L. Sawin, Branch Chief, 

at (202) 551–6821 (Division of 

Investment Management, Office of 

Investment Company Regulation). 

SUPPLEMENTARY INFORMATION: The 

following is a summary of the 

application. The complete application 

may be obtained via the Commission’s 

Web site by searching for the file 

number, or an applicant using the 

Company name box, at http:// 

www.sec.gov/search/search.htm or by 

calling (202) 551–8090. 

Applicants’ Representations 

1. The Trust is an open-end 

management investment company 

registered under the Act and organized 

as a Delaware statutory trust. The 

Corporation is an open-end management 

investment company registered under 

the Act and organized as a Maryland 

corporation. The Adviser, an investment 

adviser registered under the Investment 

Advisers Act of 1940 (‘‘Advisers Act’’), 

will serve as investment adviser to the 

initial Funds (‘‘Initial Funds’’).1 The 

Distributor, a broker-dealer registered 

under the Securities Exchange Act of 

1934 (‘‘Exchange Act’’), will serve as the 


jlentini on DSKJ8SOYB1PROD with NOTICES