50500 Federal Register / Vol. 76, No. 157 / Monday, August 15, 2011 / Notices 

Further information with reference to 

these meetings can be obtained from Ms. 

Kathy Plowitz-Worden, Office of 

Guidelines & Panel Operations, National 

Endowment for the Arts, Washington, 

DC 20506, or call 202/682–5691. 

Dated: August 8, 2011. 

Kathy Plowitz-Worden, 

Panel Coordinator, Panel Operations, 

National Endowment for the Arts. 

[FR Doc. 2011–20610 Filed 8–12–11; 8:45 am] 

BILLING CODE 7537–01–P 

NATIONAL SCIENCE FOUNDATION 

Proposal Review Notice of Meetings 

In accordance with the Federal 

Advisory Committee Act (Pub. L. 92– 

463, as amended), the National Science 

Foundation (NSF) announces its intent 

to hold proposal review meetings 

throughout the year. The purpose of 

these meetings is to provide advice and 

recommendations concerning proposals 

submitted to the NSF for financial 

support. The agenda for each of these 

meetings is to review and evaluate 

proposals as part of the selection 

process for awards. The review and 

evaluation may also include assessment 

of the progress of awarded proposals. 

The majority of these meetings will take 

place at NSF, 4201 Wilson Blvd., 

Arlington, Virginia 22230. 

These meetings will be closed to the 

public. The proposals being reviewed 

include information of a proprietary or 

confidential nature, including technical 

information; financial data, such as 

salaries; and personal information 

concerning individuals associated with 

the proposals. These matters are exempt 

under 5 U.S.C. 552b(c), (4) and (6) of the 

Government in the Sunshine Act. NSF 

will continue to review the agenda and 

merits of each meeting for overall 

compliance of the Federal Advisory 

Committee Act. 

These closed proposal review 

meetings will not be announced on an 

individual basis in the Federal Register. 

NSF intends to publish a notice similar 

to this on a quarterly basis. For an 

advance listing of the closed proposal 

review meetings that include the names 

of the proposal review panel and the 

time, date, place, and any information 

on changes, corrections, or 

cancellations, please visit the NSF Website: http://www.nsf.gov. This 

information may also be requested by 

telephoning, 703–292–8182. 

Dated: August 10, 2011. 

Susanne Bolton, 

Committee Management Officer. 

[FR Doc. 2011–20669 Filed 8–12–11; 8:45 am] 

BILLING CODE 7555–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[NRC–2011–0183] 

Request for Comments on the Draft 

Policy Statement on Volume Reduction 

and Low-Level Radioactive Waste 

Management 

AGENCY: Nuclear Regulatory 

Commission. 

ACTION: Request for public comment. 

SUMMARY: The U.S. Nuclear Regulatory 

Commission (NRC) is revising its 1981 

Policy Statement on Low-Level Waste 

(LLW) Volume Reduction. This 

statement encouraged licensees to take 

steps to reduce the amount of waste 

generated and to reduce its volume once 

generated. The purpose of the revised 

statement is to recognize that progress 

in reducing waste volume has been 

achieved since the 1981 Policy 

Statement was published and to 

acknowledge that factors other than 

volume reduction may be used by 

licensees to determine how best to 

manage their LLW. This draft Policy 

Statement is being issued for public 

comment. 

DATES: Comments on the draft Policy 

Statement should be submitted by 

September 14, 2011. Comments received 

after this date will be considered if it is 

practical to do so, but the NRC is only 

able to ensure consideration of 

comments received on or before this 

date. 

ADDRESSES: Please include Docket ID 

NRC–2011–0183 in the subject line of 

your comments. For instructions on 

submitting comments and accessing 

documents related to this action, see 

Section I, ‘‘Submitting Comments and 

Accessing Information’’ in the 

SUPPLEMENTARY INFORMATION section of 

this document. You may submit 

comments by any one of the following 

methods. 

• Federal Rulemaking Web Site: Go to 

http://www.regulations.gov and search 

for documents filed under Docket ID 

NRC–2011–0183. Address questions 

about NRC dockets to Carol Gallagher, 

telephone: 301–492–3668; e-mail: 

Carol.Gallagher@nrc.gov. 

• Mail comments to: Cindy Bladey, 

Chief, Rules, Announcements, and 

Directives Branch (RADB), Office of 

Administration, Mail Stop: TWB–05– 

B01M, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555– 

0001. 

FOR FURTHER INFORMATION CONTACT: 

Donald Lowman, Office of Federal and 

State Materials and Environmental 

Management Programs, U.S. Nuclear 

Regulatory Commission, Washington, 

DC 20555–0001; telephone: 301–415– 

5452; e-mail: donald.lowman@nrc.gov. 

SUPPLEMENTARY INFORMATION: 

I. Submitting Comments and Accessing 

Information 

Comments submitted in writing or in 

electronic form will be posted on the 

Federal rulemaking Web site http:// 

www.regulations.gov. Because your 

comments will not be edited to remove 

any identifying or contact information, 

the NRC cautions you against including 

any information in your submission that 

you do not want to be publicly 

disclosed. The NRC requests that any 

party soliciting or aggregating comments 

received from other persons for 

submission to the NRC inform those 

persons that the NRC will not edit their 

comments to remove any identifying or 

contact information, and therefore, they 

should not include any information in 

their comments that they do not want 

publicly disclosed. 

You can access publicly available 

documents related to this document 

using the following methods: 

• NRC’s Public Document Room 

(PDR): The public may examine and 

have copied, for a fee, publicly available 

documents at the NRC’s PDR, O1–F21, 

One White Flint North, 11555 Rockville 

Pike, Rockville, Maryland 20852. 

• NRC’s Agencywide Documents 

Access and Management System 

(ADAMS): Publicly available documents 

created or received at the NRC are 

available online in the NRC Library at 

http://www.nrc.gov/reading-rm/ 

adams.html. From this page, the public 

can gain entry into ADAMS, which 

provides text and image files of the 

NRC’s public documents. If you do not 

have access to ADAMS or if there are 

problems in accessing the documents 

located in ADAMS, contact the NRC’s 

PDR reference staff at 1–800–397–4209, 

301–415–4737, or by e-mail to 

pdr.resource@nrc.gov. 

• Federal Rulemaking Web Site: 

Public comments and supporting 

materials related to this notice can be 

found at http://www.regulations.gov by 

searching on Docket ID NRC–2011– 

0183. 

II. Background 

In 1981, the NRC published a Policy 

Statement regarding the volume 


srobinson on DSK4SPTVN1PROD with NOTICES
Federal Register / Vol. 76, No. 157 / Monday, August 15, 2011 / Notices 50501 

reduction of LLW. The Policy Statement 

addressed: 

• The need for a volume reduction 

policy; 

• Suggested volume reduction 

techniques; 

• That NRC would take expeditious 

action on requests for licensing of 

volume reduction systems; and 

• The need for waste generators to 

minimize the quantity of waste 

produced. 

The NRC issued the Policy Statement 

in response to a General Accounting 

Office (now U.S. Government 

Accountability Office (GAO)) report that 

recommended that NRC take this step to 

help preserve disposal facility space 

(GAO, 1980). The Policy Statement was 

issued when disposal space was scarce 

since two of the three operating low 

level radioactive waste (LLRW) disposal 

sites had been threatening to close, and 

one had recently reduced the annual 

amount authorized for disposal by half. 

Further, volume reduction techniques 

were not yet in widespread use and 

NRC‘s Policy Statement was meant to 

encourage the use of these techniques. 

On April 7, 2010, staff published 

SECY–10–0043, ‘‘Blending of Low-Level 

Radioactive Waste’’ and addressed the 

Policy Statement in response to 

stakeholder comments that large-scale 

blending may not be consistent with the 

Policy Statement because it would 

enable licensees to avoid the use of an 

available volume reduction technology. 

In the blending paper, staff stated in 

Option 2: 

The staff believes that the Policy Statement 

could be updated to recognize the progress 

that has been achieved, and to acknowledge 

that other factors may be used by licensees 

in determining how best to manage their 

LLRW. Specifically, the Policy Statement 

could be revised to acknowledge that volume 

reduction continues to be important, but that 

risk-informed, performance-based 

approaches to managing waste are also 

appropriate in managing LLRW safely and 

that volume reduction should be evaluated in 

this light. 

In the Staff Requirements 

Memorandum for SECY–10–0043, the 

Commission approved Option 2, which 

included the staff’s proposed changes 

noted above. Consequently, a revised 

Policy Statement on Volume Reduction 

and Low-Level Radioactive Waste 

Management is being published for 

public comment. 

III. Draft Policy Statement of the U.S. 

Nuclear Regulatory Commission on 

Volume Reduction and Low-Level 

Radioactive Waste Management 

Summary 

In 1981, the Commission published a 

Policy Statement (46 FR 51100; October 

16, 1981) regarding the volume 

reduction of LLW. On April 7, 2010, the 

NRC staff published SECY–10–0043 

‘‘Blending of Low-Level Radioactive 

Waste’’ in which it recommended 

updating the Policy Statement to 

acknowledge that volume reduction 

continues to be important, but that riskinformed, performance-based 

approaches to managing waste are also 

needed to safely manage LLRW. The 

Commission approved the staff’s 

recommendation thus the Policy 

Statement is being revised. 

Policy Statement 

The Commission recognizes the 

substantial progress made by licensees 

in reducing volumes of LLRW for 

disposal since the publication of the 

1981 Volume Reduction Policy 

Statement. Nuclear industry groups 

have also played a central part in this 

effort by encouraging volume reduction 

practices among their members. 

Widespread use of these volume 

reduction practices has resulted in a 

significant reduction in the amount of 

LLW produced by licensees. The 

Commission recognizes that the high 

cost of disposal has been a factor, along 

with lack of disposal access, in the 

increased use of volume reduction 

techniques. 

The Commission continues to believe 

that volume reduction is an important 

component in the management of LLW; 

a continued focus on volume reduction 

will extend the operational lifetime of 

the existing commercial low-level 

disposal sites and reduce the number of 

waste shipments. 

Administrative controls and 

operational enhancements are the 

foundation of a successful radioactive 

waste management program. Therefore, 

the Commission encourages licensees to 

continue to adopt procedures that will 

reduce the volume of waste being 

transferred to disposal facilities. 

Additionally, as currently required by 

Title 10 of the Code of Federal 

Regulations (10 CFR) 20.1406, 

applicants for licenses shall describe in 

the application how facility design and 

procedures for operation will minimize, 

to the extent practicable, the generation 

of radioactive waste. 

The Commission also recognizes that 

volume reduction is only one aspect of 

an effective radioactive waste 

management program. While the 

Commission continues to favor the 

disposal of LLRW over storage, it 

recognizes that licensees may manage 

waste in a variety of ways, consistent 

with NRC regulations and guidance. In 

addition to ensuring public health and 

safety, licensees should consider 

operational efficiency, reductions in 

occupational exposures, security, and 

cost in determining how best to manage 

LLRW. As part of their radioactive waste 

management strategies, licensees should 

consider all means available to manage 

waste in a manner that is secure and 

protects public health and safety, such 

as: 

• Waste minimization. 

• Short-term storage and decay. 

• Long-term storage. 

• Use of the alternate disposal 

provision contained in 10 CFR 20.2002. 

• Use of waste processing 

technologies. 

• Use of licensed disposal facilities. 

The Commission understands that 

limited disposal access means that 

many licensees will be forced to store at 

least some of their LLW. Agreement 

State and NRC licensees must continue 

to ensure waste is safely and securely 

managed. However, disposal is 

considered the safest and most secure 

long-term management approach. 

Paperwork Reduction Act Statement 

This Policy Statement does not 

contain new or amended information 

collection requirements that are subject 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.). These 

information collections were approved 

by the Office of Management and 

Budget, approval numbers 3150–0014 

and 3150–0151. 

Public Protection Notification 

The NRC may not conduct or sponsor, 

and a person is not required to respond 

to a request for information or an 

information collection requirement 

unless the requesting document 

displays a currently valid OMB control 

number. 

IV. Public Comments 

Based on the comments received in 

both written and electronic form, the 

Commission will then be in a better 

position to proceed with the issuance of 

a final Policy Statement. The final 

Policy Statement, when issued by the 

Commission, will be published in the 

Federal Register. 

Dated at Rockville, Maryland, this 5th day 

of August, 2011. 


srobinson on DSK4SPTVN1PROD with NOTICES
50502 Federal Register / Vol. 76, No. 157 / Monday, August 15, 2011 / Notices 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See Securities Exchange Act Release No. 62886 

(September 10, 2010), 75 FR 56613 (September 16, 

2010) (SR–NYSEArca–2010–58). See also Securities 

Exchange Act Release Nos. 63482 (December 9, 

2010), 75 FR 78331 (December 15, 2010) (SR– 

NYSEArca–2010–113) and 64234 (April 7, 2011), 76 

FR 20399 (April 12, 2011) (SR–NYSEArca–2011– 

15). 

5Terms not defined herein are defined in NYSE 

Arca Equities Rule 7.10. 

6Separately, the Exchange has proposed extend 

[sic] the effective date of the trading pause pilot 

under NYSE Arca Equities Rule 7.11, which 

requires to [sic] the Exchange to pause trading in 

an individual security listed on the Exchange if the 

price moves by a specified percentage as compared 

to prices of that security in the preceding fiveminute period during a trading day. See SR– 

NYSEArca–2011–55. 

7 15 U.S.C. 78f(b). 

8 15 U.S.C. 78f(b)(5). 

For the Nuclear Regulatory Commission. 

Cynthia A. Carpenter, 

Acting Director, Office of Federal and State 

Materials and Environmental Management 

Programs. 

[FR Doc. 2011–20666 Filed 8–12–11; 8:45 am] 

BILLING CODE 7590–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–65065; File No. SR– 

NYSEArca–2011–56] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Amending NYSE Arca 

Rule 7.10, Clearly Erroneous 

Executions, To Extend the Effective 

Date of the Pilot Until January 31, 2012 

August 9, 2011. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on August 

5, 2011, NYSE Arca, Inc. (the 

‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I and II, below, which Items have 

been prepared by the self-regulatory 

organization. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend 

NYSE Arca Rule 7.10, which governs 

clearly erroneous executions, to extend 

the effective date of the pilot by which 

portions of such Rule operate until 

January 31, 2012. The pilot is currently 

scheduled to expire on August 11, 2011. 

The text of the proposed rule change is 

available at the Exchange, the 

Commission’s Public Reference Room, 

and http://www.nyse.com. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend 

NYSE Arca Equities Rule 7.10, which 

governs clearly erroneous executions, to 

extend the effective date of the pilot by 

which portions of such Rule operate, 

until January 31, 2012.4

On September 10, 2010, the 

Commission approved, on a pilot basis, 

market-wide amendments to exchanges’ 

rules for clearly erroneous executions to 

set forth clearer standards and curtail 

discretion with respect to breaking 

erroneous trades. In connection with 

this pilot initiative, the Exchange 

amended NYSE Arca Equities Rule 

7.10(c), (e)(2), (f), and (g). The 

amendments provide for uniform 

treatment of clearly erroneous execution 

reviews (1) In Multi-Stock Events 5

involving twenty or more securities, and 

(2) in the event transactions occur that 

result in the issuance of an individual 

security trading pause by the primary 

market and subsequent transactions that 

occur before the trading pause is in 

effect on the Exchange.6 The 

amendments also eliminated appeals of 

certain rulings made in conjunction 

with other exchanges with respect to 

clearly erroneous transactions and 

limited the Exchange’s discretion to 

deviate from Numerical Guidelines set 

forth in the Rule in the event of system 

disruptions or malfunctions. 

If the pilot were not extended, the 

prior versions of paragraphs (c), (e)(2), 

(f), and (g) of NYSE Arca Equities Rule 

7.10 would be in effect, and NYSE Arca 

would have different rules than other 

exchanges and greater discretion in 

connection with breaking clearly 

erroneous transactions. The Exchange 

proposes to extend the pilot 

amendments to NYSE Arca Equities 

Rule 7.10 until January 31, 2012 in 

order to maintain uniform rules across 

markets and allow the pilot to continue 

to operate without interruption during 

the same period that the Rule 7.11 

trading pause rule pilot is also in effect. 

Extension of the pilot would permit the 

Exchange, other national securities 

exchanges and the Commission to 

further assess the effect of the pilot on 

the marketplace, including whether 

additional measures should be added, 

whether the parameters of the rule 

should be modified or whether other 

initiatives should be adopted in lieu of 

the current pilot. 

2. Statutory Basis 

The proposed rule change is 

consistent with Section 6(b) 7 of the Act, 

in general, and furthers the objectives of 

Section 6(b)(5) 8 in particular in that it 

is designed to prevent fraudulent and 

manipulative acts and practices, to 

promote just and equitable principles of 

trade, to foster cooperation and 

coordination with persons engaged in 

facilitating transactions in securities, to 

remove impediments to and perfect the 

mechanism of a free and open market 

and a national market system and, in 

general, to protect investors and the 

public interest. More specifically, the 

NYSE Arca believes that the extension 

of the pilot would help assure that the 

determination of whether a clearly 

erroneous trade has occurred will be 

based on clear and objective criteria, 

and that the resolution of the incident 

will occur promptly through a 

transparent process. The proposed rule 

change would also help assure 

consistent results in handling erroneous 

trades across the U.S. markets, thus 

furthering fair and orderly markets, the 

protection of investors and the public 

interest. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 


srobinson on DSK4SPTVN1PROD with NOTICES