49300 Federal Register / Vol. 76, No. 154 / Wednesday, August 10, 2011 / Rules and Regulations 

commerce that is a swap in an 

agricultural commodity may be 

transacted on a swap execution facility, 

designated contract market, or otherwise 

in accordance with all provisions of the 

Act, including any Commission rule, 

regulation, or order thereunder, 

applicable to any other swap eligible to 

be transacted on a swap execution 

facility, designated contract market, or 

otherwise. 

Issued in Washington, DC, on August 4, 

2011, by the Commission. 

David A. Stawick, 

Secretary of the Commission. 

Appendices to Agricultural Swaps— 

Commission Voting Summary and 

Statements of Commissioners 

Note: The following appendices will not 

appear in the Code of Federal Regulations 

Appendix 1—Commission Voting 

Summary 

On this matter, Chairman Gensler and 

Commissioners Dunn, Sommers, Chilton and 

O’Malia voted in the affirmative; no 

Commissioner voted in the negative. 

Appendix 2—Statement of Chairman 

Gary Gensler 

I support the final rulemaking to authorize 

agricultural swap transactions and subject 

them to the same rules applicable to all other 

swaps transactions. The Dodd-Frank Wall 

Street Reform and Consumer Protection Act 

(Dodd-Frank Act) prohibits such transactions 

if the Commodity Futures Trading 

Commission (CFTC) does not specifically 

authorize them. The public comments the 

CFTC received overwhelmingly supported 

treating agricultural swaps the same as other 

swaps brought under regulation by the DoddFrank Act. Agricultural producers, 

processers, merchants and handlers will 

benefit from the ability to use agricultural 

swaps to hedge their risk and from the 

transparency of the Dodd-Frank Act. 

[FR Doc. 2011–20337 Filed 8–9–11; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9475] 

RIN 1545–BF83 

Corporate Reorganizations; 

Distributions Under Sections 

368(a)(1)(D) and 354(b)(1)(B); 

Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correcting amendment. 

SUMMARY: This document describes a 

correction to final regulations (TD 9475) 

that were published on Friday, 

December 18, 2009 (74 FR 67053). The 

regulations provide guidance regarding 

the qualification of certain transactions 

as reorganizations described in section 

368(a)(1)(D) where no stock and/or 

securities of the acquiring corporation is 

issued and distributed in the 

transaction. This document also 

contains final regulations under section 

358 that provide guidance regarding the 

determination of the basis of stock or 

securities in a reorganization described 

in section 368(a)(1)(D) where no stock 

and/or securities of the acquiring 

corporation is issued and distributed in 

the transaction. This document also 

contains final regulations under section 

1502 that govern reorganizations 

described in section 368(a)(1)(D) 

involving members of a consolidated 

group. 

DATES: This correction is effective on 

August 10, 2011 and is applicable on 

December 18, 2009. 

FOR FURTHER INFORMATION CONTACT: 

Bruce A. Decker, (202) 622–7790 (not a 

toll-free number). 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations (TD 9475) that 

are the subject of this document are 

under sections 358, 368 and 1502 of the 

Internal Revenue Code. 

Need for Correction 

As published, the final regulations 

(TD 9475) contain an error that may 

prove to be misleading and is in need 

of clarification. 

List of Subjects in 26 CFR Part 1 

Income taxes, Reporting and 

recordkeeping requirements. 

Correction of Publication 

Accordingly, 26 CFR part 1 is 

corrected by making the following 

correcting amendment: 

PART 1—INCOME TAXES 

■ Paragraph 1. The authority citation 

for part 1 continues to read in part as 

follows: 

Authority: 26 U.S.C. 7805. * * * 

■ Par. 2. Section 1.1502–13 is amended 

by adding paragraph (l)(6) to read as 

follows: 

§ 1.1502–13 Intercompany transactions. 

* * * * * 

(l) * * * 

(6) Effective/applicability date. (i) In 

general. Paragraph (f)(7)(i) Example 4. 

applies to transactions occurring on or 

after December 18, 2009. 

(ii) [Reserved] 

* * * * * 

LaNita Van Dyke, 

Chief, Publications and Regulations Branch, 

Legal Processing Division, Associate Chief 

Counsel, (Procedure and Administration). 

[FR Doc. 2011–20224 Filed 8–9–11; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[Docket No. USCG–2011–0740] 

Drawbridge Operation Regulations; 

Pequonnock River, Bridgeport, CT, 

Maintenance 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, First Coast 

Guard District, has issued a temporary 

deviation from the regulation governing 

the operation of the Metro North (Peck) 

Bridge across the Pequonnock River, 

mile 0.3, at Bridgeport, Connecticut. 

The deviation allows the bridge to 

remain in the closed position to 

facilitate miter rail repair. 

DATES: This deviation is effective from 

August 22, 2011 through November 30, 

2011. 

ADDRESSES: Documents mentioned in 

this preamble as being available in the 

docket are part of docket USCG–2011– 

0740 and are available online at 

http://www.regulations.gov, inserting 

USCG–2011–0740 in the ‘‘Keyword’’ 

and then clicking ‘‘Search.’’ They are 

also available for inspection or copying 

at the Docket Management Facility (M– 

30), U.S. Department of Transportation, 

West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue, SE., 

Washington, DC 20590, between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

e-mail Ms. Judy Leung-Yee, Project 

Officer, First Coast Guard District, 

telephone (212) 668–7165, e-mail 

judy.k.leung-yee@uscg.mil. If you have 

questions on viewing the docket, call 

Renee V. Wright, Program Manager, 

Docket Operations, telephone 202–366– 

9826. 

SUPPLEMENTARY INFORMATION: The Metro 

North (Peck) Bridge, across the 

mstockstill on DSK4VPTVN1PROD with RULES