51458 Federal Register / Vol. 76, No. 160 / Thursday, August 18, 2011 / Notices 

Commission, dated June 29, 2011 (‘‘NYSE Euronext 

Letter’’). 17 Id. 18 Id. at 2. 19See Rule 15c3–5 Adopting Release. 

20NYSE Euronext Letter at 2. 

21See 17 CFR 240.15c3–5(c)(1)(ii). 

22See 17 CFR 240.15c3–5(c)(2). 

23See 17 CFR 240.15c3–5(f). 

24See 17 CFR 240.15c3–5(c)(1)(ii). 

25See 17 CFR 240.15c3–5(c)(2). 

NYSE Euronext indicated that more 

time is needed to complete the 

implementation of the automated 

controls required pursuant to Rules 

15c3–5(c)(1)(ii) and (c)(2) for orders 

handled on a manual basis because the 

floor broker operations of broker-dealers 

with market access historically have 

used manual systematic controls for 

their risk management and regulatory 

purposes with respect to manual orders, 

and they will need additional time to 

complete the development and 

implementation of automated controls 

for such manual orders.17 NYSE 

Euronext explained that certain Floor 

Brokers initially believed that their 

existing combination of automated and 

manual controls would be sufficient for 

compliance with Rule 15c3–5,18 and 

only recently became aware that the 

required pre-trade controls under the 

Rule must be systemic and automated 

for compliance purposes.19 NYSE 

Euronext also explained that additional 

time would provide the NYSE Euronext 

with an opportunity to update Floor 

Broker-related systems and thereby 

facilitate compliance with the Rule by 

Floor Brokers.20

III. Discussion 

The Commission is temporarily 

exempting Floor Brokers from the 

automated controls requirement of 

Rules 15c3–5(c)(1)(ii) 21 and (c)(2) 22

until November 30, 2011. The 

Commission believes that providing 

additional time for such Floor Brokers 

to complete the development and 

implementation of automated controls 

pursuant to Rules 15c3–5(c)(1)(ii) and 

(c)(2) for orders handled on a manual 

basis, where manual systematic controls 

historically were used for risk 

management and regulatory purposes, is 

reasonable. In addition, the Commission 

believes that temporarily exempting 

Floor Brokers from the automated 

controls requirement of Rules 15c3– 

5(c)(1)(ii) and (c)(2) until November 30, 

2011, should facilitate the orderly and 

meaningful implementation of the 

required automated risk management 

controls for those Floor Brokers that 

need more time to be in compliance 

with the Rule. 

For the foregoing reasons, the 

Commission finds that granting the 

foregoing temporary exemption is 

necessary and appropriate in the public 

interest, and is consistent with the 

protection of investors. 

IV. Conclusion 

It Is Hereby Ordered, pursuant to Rule 

15c3–5(f),23 that the floor broker 

operations of broker-dealers with market 

access that handle orders on a manual 

basis are temporarily exempted from the 

automated controls requirement of 

Rules 15c3–5(c)(1)(ii) 24 and (c)(2) 25

until November 30, 2011. 

By the Commission. 

Elizabeth M. Murphy, 

Secretary. 

[FR Doc. 2011–21099 Filed 8–17–11; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 7557] 

Culturally Significant Objects Imported 

for Exhibition Determinations: 

‘‘Wonder of the Age: Master Painters 

of India, 1100–1900’’ 

SUMMARY: Notice is hereby given of the 

following determinations: Pursuant to 

the authority vested in me by the Act of 

October 19, 1965 (79 Stat. 985; 22 U.S.C. 

2459), Executive Order 12047 of March 

27, 1978, the Foreign Affairs Reform and 

Restructuring Act of 1998 (112 Stat. 

2681, et seq.; 22 U.S.C. 6501 note, et 

seq.), Delegation of Authority No. 234 of 

October 1, 1999, and Delegation of 

Authority No. 236–3 of August 28, 2000 

(and, as appropriate, Delegation of 

Authority No. 257 of April 15, 2003), I 

hereby determine that the objects to be 

included in the exhibition ‘‘Wonder of 

the Age: Master Painters of India, 1100– 

1900,’’ imported from abroad for 

temporary exhibition within the United 

States, are of cultural significance. The 

objects are imported pursuant to loan 

agreements with the foreign owners or 

custodians. I also determine that the 

exhibition or display of the exhibit 

objects at the Metropolitan Museum of 

Art, New York, New York, from on or 

about September 28, 2011, until on or 

about January 8, 2012, and at possible 

additional exhibitions or venues yet to 

be determined, is in the national 

interest. I have ordered that Public 

Notice of these Determinations be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Paul W. 

Manning, Attorney-Adviser, Office of 

the Legal Adviser, U.S. Department of 

State (telephone: 202–632–6469). The 

mailing address is U.S. Department of 

State, SA–5, L/PD, Fifth Floor (Suite 

5H03), Washington, DC 20522–0505. 

Dated: August 11, 2011. 

J. Adam Ereli, 

Principal Deputy Assistant Secretary, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2011–21129 Filed 8–17–11; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF TRANSPORTATION 

Office of the Secretary 

Notice of Applications for Certificates 

of Public Convenience and Necessity 

and Foreign Air Carrier Permits Filed 

Under Subpart B (Formerly Subpart Q) 

During the Week Ending July 30, 2011 

The following Applications for 

Certificates of Public Convenience and 

Necessity and Foreign Air Carrier 

Permits were filed under subpart B 

(formerly subpart Q) of the Department 

of Transportation’s Procedural 

Regulations (See 14 CFR 301.201 et. 

seq.). The due date for Answers, 

Conforming Applications, or Motions to 

Modify Scope are set forth below for 

each application. Following the Answer 

period DOT may process the application 

by expedited procedures. Such 

procedures may consist of the adoption 

of a show-cause order, a tentative order, 

or in appropriate cases a final order 

without further proceedings. 

Docket Number: DOT–OST–2011– 

0143. 

Date Filed: July 29, 2011. 

Due Date for Answers, Conforming 

Applications, or Motion to Modify 

Scope: August 19, 2011. 

Description: Application of TwinAir 

Calypso Limited, Inc. requesting 

authority to conduct scheduled 

passenger operations as a commuter air 

carrier. 

Renee V. Wright, 

Program Manager, Docket Operations, 

Federal Register Liaison. 

[FR Doc. 2011–21083 Filed 8–17–11; 8:45 am] 

BILLING CODE 4910–9X–P 

mstockstill on DSK4VPTVN1PROD with NOTICES