51688 Federal Register / Vol. 72, No. 174 / Monday, September 10, 2007 / Notices 

The October 24, 2003, EA and FONSI, 

the license and supporting documents, 

and the preliminary supplement to the 

EA and draft FONSI are available on 

NRC’s Web site at: http://www.nrc.gov/ 

waste.html, by selecting ‘‘Diablo Canyon 

ISFSI,’’ in the Quick Links box. 

II. Summary of Final Supplement to the 

EA for the Diablo Canyon ISFSI 

In the supplement to the EA, the NRC 

staff has considered the potential 

radiological impacts of terrorist acts on 

the Diablo Canyon ISFSI. NRC has 

established requirements and has 

initiated several actions designed to 

provide high assurance that a terrorist 

attack would not lead to a significant 

radiological event at an ISFSI. These 

include: (1) NRC’s continual evaluation 

of the threat environment, in 

coordination with the intelligence and 

law enforcement communities, which 

provides, in part, the basis for the 

protective measures currently required; 

(2) the protective measures that are in 

place to reduce the chance of an attack 

that leads to a significant release of 

radiation; (3) the robust design of dry 

cask storage systems, which provide 

substantial resistance to penetration; 

and (4) NRC security assessments of the 

potential consequences of terrorist 

attacks against ISFSIs. 

The supplement to the EA describes 

the security measures for ISFSIs and 

discusses the security assessments 

performed by NRC, which confirmed 

that the existing security requirements, 

imposed by regulations and orders, are 

adequate to provide high assurance that 

a terrorist attack on an ISFSI will not 

lead to significant radiological 

consequences. Threat scenarios 

considered in the generic security 

assessments for ISFSIs included a large 

aircraft impact similar in magnitude to 

the attacks of September 11, 2001, and 

ground assaults using expanded 

adversary characteristics consistent with 

the design basis threat for radiological 

sabotage for nuclear power plants. 

The NRC staff compared the 

assumptions used in its generic ISFSI 

security assessments to the relevant 

features of the Diablo Canyon ISFSI. 

Based on this comparison, the staff 

determined that the assumptions used 

in these generic security assessments, 

regarding the storage cask design, the 

amount of radioactive material that 

could be released, and the atmospheric 

dispersion, were representative, and in 

some cases, conservative, relative to the 

actual characteristics for the Diablo 

Canyon ISFSI. The staff determined that 

any dose to affected residents nearest to 

the Diablo Canyon site calculated using 

site-specific parameters will be much 

lower than doses calculated using the 

assumptions made for the generic 

assessments. Based on these 

considerations, the dose to the nearest 

affected resident, from even the most 

severe plausible threat scenarios (the 

ground assault and aircraft impact 

scenarios discussed above) would likely 

be well below 5 rem. In many scenarios, 

the hypothetical dose to an individual 

in the affected population could be 

substantially less than 5 rem, or none at 

all. 

In the supplement (based also on the 

initial EA), the NRC staff concludes that 

the construction, operation, and 

decommissioning of the Diablo Canyon 

ISFSI, even when potential terrorist 

attacks on the facility are considered, 

will not result in a significant effect on 

the human environment. NRC security 

requirements, imposed through 

regulations and orders, and 

implemented through the licensee’s 

security plans, in combination with the 

design requirements for dry cask storage 

systems, provide adequate protection 

against successful terrorist attacks on 

ISFSIs. Therefore, a terrorist attack that 

would result in a significant release of 

radiation affecting the public is not 

reasonably expected to occur. 

III. Final Finding of No Significant 

Impact 

The NRC staff has prepared a 

supplement to the EA related to the 

construction and operation of the Diablo 

Canyon ISFSI, in accordance with the 

requirements of 10 CFR Part 51. As set 

forth in the supplement to the EA, NRC 

has considered the potential for terrorist 

attacks on the facility, and has 

determined that the storage of spent 

nuclear fuel at the Diablo Canyon ISFSI 

will not have a significant effect on the 

quality of the human environment, 

based on the facility design features and 

the mitigative security measures 

incorporated as part of the NRC 

licensing action and in response to NRC 

security orders. These design features 

and mitigative security measures will 

provide high assurance that substantial 

environmental impacts will be avoided 

and thereby reduced to a non-significant 

risk level. On the basis of the initial EA 

and this supplement, NRC has 

concluded that there are no significant 

environmental impacts, and the 

proposed action does not warrant the 

preparation of an Environmental Impact 

Statement. Therefore, in accordance 

with 10 CFR 51.31, NRC has determined 

that issuance of a final FONSI is 

appropriate. 

V. Further Information 

Documents related to this action, 

including the May 29, 2007, preliminary 

supplement to the EA and draft FONSI; 

the August 30, 2007, EA supplement 

and final FONSI; the October 24, 2003, 

EA; and the Diablo Canyon ISFSI 

license and supporting documentation, 

are available electronically, at NRC’s 

Electronic Reading Room, at: http:// 

www.nrc.gov/reading-rm/adams.html. 

From this site, you can access NRC’s 

Agencywide Document Access and 

Management System (ADAMS), which 

provides text and image files of NRC’s 

public documents. The ADAMS 

accession number for the supplement to 

the EA and draft FONSI is 

ML071280256, and for the EA 

supplement and final FONSI, the 

accession number is ML072400511. The 

ADAMS accession number for the 

October 24, 2003, EA is ML032970337, 

and for the ISFSI license and related 

documents, the accession number is 

ML040780107. If you do not have access 

to ADAMS, or if there are problems in 

accessing the documents located in 

ADAMS, contact NRC’s Public 

Document Room (PDR) Reference staff 

at 1–800–397–4209, 301–415–4737, or 

by e-mail to pdr@nrc.gov. 

These documents may also be viewed 

electronically on the public computers 

located at NRC’s PDR, O1–F21, One 

White Flint North, 11555 Rockville 

Pike, Rockville, MD 20852. The PDR 

reproduction contractor will copy 

documents, for a fee. 

Dated at Rockville, Maryland this 30th day 

of August, 2007. 

For the Nuclear Regulatory Commission. 

Robert A. Nelson, 

Chief, Licensing Branch, Division of Spent 

Fuel Storage and Transportation, Office of 

Nuclear Material Safety and Safeguards. 

[FR Doc. E7–17738 Filed 9–7–07; 8:45 am] 

BILLING CODE 7590–01–P 

OVERSEAS PRIVATE INVESTMENT 

CORPORATION 

September 20, 2007 Board of Directors 

Meeting 

Time and Date: Thursday, September 

20, 2007, 10 a.m. (Open Portion). 

Place: Offices of the Corporation, 

Twelfth Floor Board Room, 1100 New 

York Avenue, NW., Washington, DC. 

Status: Meeting OPEN to the Public 

from 10 a.m. to 10:15 a.m. Closed 

portion will commence at 10:15 a.m. 

(approx.). 

Matters To Be Considered: 

1. President’s Report. 

2. Tribute—David A. Sampson. 


ebenthall on PRODPC61 with NOTICES
Federal Register / Vol. 72, No. 174 / Monday, September 10, 2007 / Notices 51689 

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

2 17 CFR 240.19b–4. 

3NASD Rule 7030 contains all TRACE fees; 

previously, such fees were set forth in NASD Rule 

7010(k). 

4Before submitting the proposal, FINRA (then 

known as NASD) sought member input about 

whether FINRA should release standard TRACE 

transaction-level data to the public; if access should 

be limited in any way; if the data should be 

redacted as to certain types of information; and if 

FINRA should provide access to any portion of the 

transaction-level historic data that previously had 

only been reported, but not disseminated. See 

NASD Notice to Members 06–32 (June 2006). The 

sole commenter was The Bond Market Association 

(‘‘TBMA’’) (now known as the Securities Industry 

Financial Markets Association or ‘‘SIFMA’’). See 

comment letter from Mary C.M. Kuan, Vice 

President and Assistant General Counsel, TBMA, to 

Barbara Z. Sweeney, Office of the Corporate 

Secretary, NASD, dated August 14, 2006. TBMA 

supported obtaining access to the transaction-level 

historic data, provided that member participant 

identifiers (‘‘MPIDs’’) were deleted from the data 

and the data was sufficiently aged to eliminate any 

possible use of such data to identify current trading, 

positioning, or strategies of other market 

participants. 

5 In TRACE, Rule 144A transactions refers to 

transactions in TRACE-eligible securities ‘‘issued 

pursuant to Section 4(2) of the Securities Act of 

1933 (‘‘Securities Act’’) and purchased and sold 

pursuant to Rule 144A of the Securities Act of 

1933.’’ NASD Rule 6210(a). 

6When TRACE began, daily transaction-level 

dissemination of information occurred in phases to 

gauge the relationship between transparent 

transaction information and its impact on liquidity. 

As a result, all public transactions in TRACEContinued 

3. Approval of July 12, 2007 Minutes 

(Open Portion). 

Further matters to be considered: 

(Closed to the Public 10:15 a.m.) 

1. Report from Audit Committee. 

2. Proposed FY 2009 Budget. 

3. Finance Project—Sub-Saharan 

Africa. 

4. Finance Project—Sub-Saharan 

Africa. 

5. Finance Project—Sub-Saharan 

Africa. 

6. Finance Project—Jordan, Lebanon, 

Egypt, West Bank and Certain OPICEligible MENA Countries. 

7. Finance Project—Mexico. 

8. Finance Project—Pakistan. 

9. Approval of July 12, 2007 Minutes 

(Closed Portion). 

10. Pending Major Projects. 

11. Reports. 

For Further Information Contact: 

Information on the meeting may be 

obtained from Connie M. Downs at (202) 

336–8438. 

Dated: September 6, 2007. 

Connie M. Downs, 

Corporate Secretary, Overseas Private 

Investment Corporation. 

[FR Doc. 07–4424 Filed 9–6–07; 9:46 am] 

BILLING CODE 3210–01–M 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–56327; File No. SR–FINRA–

2007–006] 

Self-Regulatory Organizations; 

Financial Industry Regulatory 

Authority, Inc.; Notice of Filing of 

Proposed Rule Change Relating to 

Historic TRACE Data 

August 28, 2007. 

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

Securities Exchange Act of 1934 

(‘‘Act’’)1 and Rule 19b–4 thereunder,2

notice is hereby given that on August 9, 

2007, Financial Industry Regulatory 

Authority, Inc. (‘‘FINRA’’) (f/k/a 

National Association of Securities 

Dealers, Inc. (‘‘NASD’’)) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I, II, and 

III below, which Items have been 

substantially prepared by FINRA. 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 

FINRA is proposing to: (1) Adopt a 

FINRA policy providing for public 

access to historic TRACE data (‘‘Historic 

TRACE Data’’); and (2) amend NASD 

Rule 7030 to: (i) Define Historic TRACE 

Data in proposed NASD Rule 

7030(c)(3)(D); (ii) establish fees for 

Historic TRACE Data in proposed NASD 

Rule 7030(d); (iii) make conforming 

changes to the fee chart in NASD Rule 

7030 and the definitions of ‘‘NonProfessional,’’ ‘‘Tax-Exempt 

Organization,’’ and ‘‘Real-Time’’ in, 

respectively, paragraphs (A), (B), and (C) 

of NASD Rule 7030(c)(3); and (iv) 

renumber current NASD Rule 7030(c)(4) 

as NASD Rule 7030(e).3 The text of the 

proposed rule change is available at 

FINRA, on FINRA’s Web site at http:// 

www.finra.org, and in the Commission’s 

Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, 

FINRA 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 these statements 

may be examined at the places specified 

in Item IV below. FINRA has prepared 

summaries, set forth in Sections A, B, 

and C below, of the most significant 

aspects of such statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

FINRA is proposing to adopt a FINRA 

policy providing for public access to 

Historic TRACE Data and to amend 

NASD Rule 7030 to establish fees to 

offset the costs of developing and 

maintaining the new Historic TRACE 

Data database and providing such data 

to vendors, members, and other users. 

The proposed amendments to NASD 

Rule 7030 would: (i) Define Historic 

TRACE Data in proposed NASD Rule 

7030(c)(3)(D); (ii) establish fees for 

Historic TRACE Data in proposed NASD 

Rule 7030(d); (iii) make conforming 

changes to the fee chart in NASD Rule 

7030 and the definitions of ‘‘NonProfessional,’’ ‘‘Tax-Exempt 

Organization,’’ and ‘‘Real-Time’’ in, 

respectively, paragraphs (A), (B), and (C) 

of NASD Rule 7030(c)(3); and (iv) 

renumber current NASD Rule 7030(c)(4) 

as NASD Rule 7030(e). 

Historic TRACE Data 

TRACE data is the first complete 

database of transaction-level pricing 

information ever compiled on the overthe-counter (‘‘OTC’’) U.S. corporate 

bond market and, as such, may be of 

widespread interest to corporate bond 

market participants, other financial 

intermediaries, market observers, 

academicians, and financial regulators. 

To date, FINRA has made available 

publicly aggregated statistics from both 

disseminated and non-disseminated 

TRACE transaction information, but has 

done so in a manner to protect 

transaction-level non-disseminated data 

from being ascertained. Since TRACE 

began, many people have expressed 

interest in reviewing historic TRACE 

transaction-level data. FINRA believes it 

is important to provide access to this 

data, particularly for research 

purposes.4 The transaction data that 

will be provided include all transactions 

reported to TRACE since July 1, 2002, 

except Rule 144A transactions defined 

below.5

Historic TRACE Data will generally 

consist of basic transaction information 

such as the price, the date and time of 

execution, and the yield. It will include 

information on transactions not 

previously available,6 and contain 


ebenthall on PRODPC61 with NOTICES