Federal Register / Vol. 72, No. 60 / Thursday, March 29, 2007 / Notices 14837 

DBGS00592 Special Assistant to the 

Press Secretary. Effective February 14, 

2007. 

DBGS00597 Confidential Assistant to 

the Assistant Deputy Secretary. 

Effective February 14, 2007. 

DBGS00600 Special Assistant to the 

General Counsel. Effective February 

15, 2007. 

DBGS00601 Special Assistant to the 

Director, Intergovernmental Affairs. 

Effective February 28, 2007. 

DBGS00602 Confidential Assistant to 

the Deputy Assistant Secretary for 

Communications and Outreach. 

Effective February 28, 2007. 

Section 213.3303 Office of 

Management and Budget 

BOGS70008 Deputy to the Associate 

Director for Legislative Affairs 

(House). Effective February 22, 2007. 

Section 213.3303 Office of National 

Drug Control Policy 

QQGS70003 Deputy Chief of Staff to 

the Chief of Staff. Effective February 

05, 2007. 

Section 213.3303 Office of the United 

States Trade Representative 

TNGS70003 Confidential Assistant to 

the Deputy United States Trade 

Representative. Effective February 26, 

2007. 

Section 213.3303 Presidents 

Commission on White House 

Fellowships 

WHGS00020 Staff Assistant to the 

Associate Director. Effective February 

22, 2007. 

Section 213.3323 Federal 

Communications Commission 

FCGS07052 Bureau Chief to the 

Chairman. Effective February 16, 

2007. 

Section 213.3330 Securities and 

Exchange Commission 

SEOT60004 Director of Legislative 

Affairs to the Chairman. Effective 

February 26, 2007. 

Section 213.3331 Department of 

Energy 

DEGS00561 Senior Advisor to the 

Deputy Secretary of Energy. Effective 

February 08, 2007. 

DEGS00562 Senior Policy Advisor to 

the Associate Director for System 

Operations and External Relations. 

Effective February 08, 2007. 

DEGS00564 Special Assistant to the 

Principal Deputy Assistant Secretary. 

Effective February 15, 2007. 

DEGS00568 Special Assistant for 

Communications to the Director, 

Office of Electricity Delivery and 

Energy Reliability. Effective February 

16, 2007. 

DEGS00569 Transmission Sitting 

Analyst to the Director, Office of 

Electricity Delivery and Energy 

Reliability. Effective February 16, 

2007. 

DEGS00056 Special Program Assistant 

to the Assistant Secretary of Energy 

(Nuclear Energy). Effective February 

26, 2007. 

DEGS00570 Senior Policy Advisor to 

the Assistant Secretary of Energy 

(Environmental Management). 

Effective February 28, 2007. 

Section 213.3331 Federal Energy 

Regulatory Commission 

DRGS17039 Confidential Assistant to 

the Member-Federal Energy 

Regulatory Commission. Effective 

February 16, 2007. 

Section 213.3332 Small Business 

Administration 

SBGS00610 Senior Advisor to the 

Associate Administrator for Capital 

Access. Effective February 08, 2007. 

SBGS00611 Senior Advisor to the 

Associate Administrator for Field 

Operations. Effective February 08, 

2007. 

Section 213.3337 General Services 

Administration 

GSGS00186 Confidential Assistant to 

the Associate Administrator for 

Performance Improvement. Effective 

February 08, 2007. 

GSGS60131 Director of Strategic 

Communications to the Deputy 

Associate Administrator for 

Communications. Effective February 

09, 2007. 

GSGS60126 Deputy Associate 

Administrator for Communications to 

the Associate Administrator for 

Citizen Services and 

Communications. Effective February 

16, 2007. 

Section 213.3339 United States 

International Trade Commission 

TCGS00007 Staff Assistant (Legal) to a 

Commissioner. Effective February 08, 

2007. 

TCGS00037 Staff Assistant (Legal) to 

the Chairman. Effective February 08, 

2007. 

Section 213.3348 National 

Aeronautics and Space Administration 

NNGS00176 Deputy Press Secretary/ 

Public Affairs Specialist to the 

Assistant Administrator for Public 

Affairs. Effective February 06, 2007. 

Section 213.3353 Merit Systems 

Protection Board 

MPSL00001 Chief Counsel to the Vice 

Chairman. Effective February 09, 

2007. 

Section 213.3357 National Credit 

Union Administration 

CUOT01317 Senior Policy Advisor to 

the Chairman. Effective February 08, 

2007. 

Section 213.3384 Department of 

Housing and Urban Development 

DUGS60467 Staff Assistant to the 

Assistant Secretary for Community 

Planning and Development. Effective 

February 08, 2007. 

Section 213.3394 Department of 

Transportation 

DTGS60342 Special Assistant for 

Scheduling and Advance to the 

Director for Scheduling and Advance. 

Effective February 01, 2007. 

DTGS60197 Confidential Assistant to 

the Chief of Staff. Effective February 

02, 2007. 

DTGS60159 Special Assistant to the 

Associate Administrator for Policy 

and Governmental Affairs. Effective 

February 15, 2007. 

DTGS60194 Special Assistant to the 

Administrator. Effective February 15, 

2007. 

Section 213.3396 National 

Transportation Safety Board 

TBGS61518 Special Assistant to the 

Vice Chairman. Effective February 16, 

2007. 

Authority: 5 U.S.C. 3301 and 3302; E.O. 

10577, 3 CFR 1954–1958 Comp., p. 218. 

Office of Personnel Management. 

Tricia Hollis, 

Chief of Staff/Director of External Affairs. 

[FR Doc. E7–5778 Filed 3–28–07; 8:45 am] 

BILLING CODE 6325–39–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55514; File No. SR–CBOE–

2007–29] 

Self-Regulatory Organizations; 

Chicago Board Options Exchange, 

Incorporated; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Increase the Class 

Quoting Limit in the Option Class 

Accredited Home Lenders Holding 

(LEND) 

March 22, 2007. 

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

Securities Exchange Act of 1934 


jlentini on PROD1PC65 with NOTICES
14838 Federal Register / Vol. 72, No. 60 / Thursday, March 29, 2007 / Notices 

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

2 17 CFR 240.19b–4. 

3 15 U.S.C. 78s(b)(3)(A)(i). 

4 17 CFR 240.19b–4(f)(1). 

5See Rule 8.3A.01. 

6 ‘‘Any actions taken by the President of the 

Exchange pursuant to this paragraph will be 

submitted to the SEC in a rule filing pursuant to 

Section 19(b)(3)(A) of the Exchange Act.’’ Rule 

8.3A.01(c). 

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

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

9 15 U.S.C. 78s(b)(3)(A)(i). 

10 17 CFR 240.19b–4(f)(1). 

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

notice is hereby given that on March 15, 

2007, the Chicago Board Options 

Exchange, Incorporated (‘‘CBOE’’ or 

‘‘Exchange’’) 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 the CBOE. 

The Exchange has designated this 

proposal as one constituting a stated 

policy, practice, or interpretation with 

respect to the meaning, administration, 

or enforcement of an existing rule under 

Section 19(b)(3)(A)(i) of the Act,3 and 

Rule 19b–4(f)(1) 4 thereunder, which 

renders the proposal effective upon 

filing with the Commission. 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 

CBOE proposes to increase the class 

quoting limit in the option class 

Accredited Home Lenders Holding 

(LEND). The text of the proposed rule 

change is available on CBOE’s Web site 

(www.cboe.com), at the CBOE’s Office of 

the Secretary, and at 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, the 

Exchange 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. The 

Exchange 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 

CBOE Rule 8.3A, Maximum Number 

of Market Participants Quoting 

Electronically per Product, establishes 

class quoting limits (‘‘CQLs’’) for each 

class traded on the Hybrid Trading 

System.5 A CQL is the maximum 

number of quoters that may quote 

electronically in a given product and the 

current levels are established from 25–

40, depending on the trading activity of 

the particular product. 

Rule 8.3A, Interpretation .01(c) 

provides a procedure by which the 

President of the Exchange may increase 

the CQL for a particular product. In this 

regard, the President of the Exchange 

may increase the CQL in exceptional 

circumstances, which are defined in the 

rule as ‘‘* * * substantial trading 

volume, whether actual or expected.’’ 6

The effect of an increase in the CQL is 

procompetitive in that it increases the 

number of market participants that may 

quote electronically in a product. The 

purpose of this filing is to increase the 

CQL in the option class LEND from its 

current limit of 25 to 35. 

The trading volume in LEND has 

increased substantially recently. 

Increasing the CQL in LEND options 

will enable the Exchange to enhance the 

liquidity offered, thereby offering 

deeper and more liquid markets. 

2. Statutory Basis 

Accordingly, CBOE believes the 

proposed rule change is consistent with 

the Act and the rules and regulations 

under the Act applicable to a national 

securities exchange and, in particular, 

the requirements of Section 6(b) of the 

Act.7 Specifically, the Exchange 

believes the proposed rule change is 

consistent with the Section 6(b)(5) 8

requirements that the rules of an 

exchange be designed to promote just 

and equitable principles of trade, to 

prevent fraudulent and manipulative 

acts and, in general, to protect investors 

and the public interest. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

CBOE 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 

The Exchange neither received nor 

solicited written comments on the 

proposal. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing proposed rule change 

will take effect upon filing with the 

Commission pursuant to Section 

19(b)(3)(A)(i) of the Act 9 and Rule 19b–

4(f)(1) thereunder,10 because it 

constitutes a stated policy, practice, or 

interpretation with respect to the 

meaning, administration, or 

enforcement of an existing rule. 

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission may summarily abrogate 

such rule change if it appears to the 

Commission that such action is 

necessary or appropriate in the public 

interest, for the protection of investors, 

or otherwise in furtherance of the 

purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–CBOE–2007–29 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Nancy M. Morris, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–CBOE–2007–29. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 


jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 72, No. 60 / Thursday, March 29, 2007 / Notices 14839 

11 17 CFR 200.30–3(a)(12). 

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

provisions of 5 U.S.C. 552, will be 

available for inspection and copying in 

the Commission’s Public Reference 

Section, 100 F Street, NE., Washington, 

DC 20549–9303. Copies of such filing 

also will be available for inspection and 

copying at the principal office of the 

CBOE. All comments received will be 

posted without change; the Commission 

does not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. All 

submissions should refer to File 

Number SR–CBOE–2007–29 and should 

be submitted on or before April 19, 

2007. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.11

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–5815 Filed 3–28–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55515; File No. SR–FICC–

2006–19] 

Self-Regulatory Organizations; Fixed 

Income Clearing Corporation; Notice of 

Filing of Proposed Rule Change 

Relating to Membership, Definitions, 

and the Electronic Pool Notification 

Service 

March 22, 2007. 

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

Securities Exchange Act of 1934 

(‘‘Act’’),1 notice is hereby given that on 

December 13, 2006, the Fixed Income 

Clearing Corporation (‘‘FICC’’) 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 prepared substantially by 

FICC. 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 purpose of this filing is to 

restructure FICC’s Government 

Securities Division’s (‘‘GSD’’) 

membership standards and membership 

requirements by conforming them to 

current practice and to harmonize them 

with similar rules of FICC’s clearing 

agency affiliate, the National Securities 

Clearing Corporation (‘‘NSCC’’). In 

addition, this rule filing would update 

various definitions and make technical 

changes to GSD and to FICC’s MortgageBacked Securities Divison’s (‘‘MBSD’’) 

Electronic Pool Notification (‘‘EPN’’) 

rules. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, 

FICC 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. FICC 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. Membership Rules 

FICC proposes to revise its rules 

concerning membership types, the 

membership application process, and 

the ongoing requirements of GSD 

members into a format that FICC 

believes will make such rules easier to 

locate and understand by applicants and 

members. To accomplish this, FICC 

would amend current Rule 2 (proposed 

to be titled ‘‘Members’’), move much of 

the content of current Rule 2 into a new 

Rule 2A (‘‘Initial Membership 

Requirements’’), and revise Rule 3 

(proposed to be titled ‘‘Ongoing 

Membership Requirements’’). Other 

rules and provisions would be modified 

to make technical corrections where 

necessary and to be harmonized with 

analogous NSCC rules. 

a. Membership Types: FICC’s current 

Rule 2 (‘‘Comparison-Only and Netting 

Members’’) sets forth the types of GSD 

members, eligibility requirements, 

application procedures, and member 

reporting requirements. FICC proposes 

to revise Rule 2 to establish each GSD 

membership type: Comparison-Only 

Members, Netting Members, Sponsoring 

Members, Sponsored Members, and 

Funds-Only Settling Bank Members. 

Substantially all other provisions 

contained in the current Rule 2 will be 

moved to either proposed Rule 2A or 

proposed Rule 3. 

One exception to this is that FICC is 

proposing to delete current Rule 2, 

Section 4 (‘‘Financial Reports by Netting 

Applicants). FICC states that the 

rationale for such proposed deletion is 

that FICC already advises during the 

application process applicants of the 

required financial reports depending on 

the category of membership applied for 

and the applicant entity type. In 

addition, FICC would set forth in 

proposed Rule 3 the financial reports 

that must be submitted by members to 

FICC on an ongoing basis. 

FICC is also proposing to delete 

Section 1(f) of Rule 2, which provides 

that applicants that have been approved 

for membership must execute and 

deliver to FICC a membership 

agreement. This provision is redundant 

with existing Rule 2, Section 3, which 

would appear in proposed Rule 2A, 

Section 7. 

b. Consolidation of Membership 

Standards and Requirements: The 

membership qualifications, financial 

standards, and operational requirements 

for each member type are currently set 

forth in Rule 2 (‘‘Comparison-Only and 

Netting Members’’), Rule 3 (‘‘Financial 

Responsibility, Operational Capability 

and Other Membership Standards of 

Comparison-Only and Netting 

Members’’), and Rule 4 (‘‘Clearing Fund, 

Watch List and Loss Allocation’’). To 

consolidate this information, FICC 

proposes to create a new Rule 2A 

(‘‘Initial Membership Requirements’’) 

that would establish the initial 

membership eligibility requirements for 

all member types and would set forth 

the process of membership application 

and evaluation. In addition, FICC 

proposes to restructure Rule 3 

(‘‘Ongoing Membership Requirements’’) 

to contain all current GSD rule 

provisions regarding the continuing 

requirements of members. 

The restructuring would encompass 

three substantive changes: 

(i) Immediate Placement on the Watch 

List: FICC proposes to delete current 

Rule 3, Section 1(d)(iii) that 

automatically disqualifies an applicant 

from becoming member if the applicant 

is subject to any action or condition, the 

existence of which would require the 

applicant to be placed on FICC’s Watch 

List if it were already a member. FICC 

believes that eliminating such provision 

will not diminish FICC’s ability to deny 

membership to an unworthy applicant 

because FICC would still retain under 

other sections of its rules the discretion 

to deny membership based on the 

applicant’s underlying financial, 

operational, or character issues. 

Moreover, FICC’s credit risk matrix 

enables FICC to place such applicant 

directly on FICC’s watch list for closer 

monitoring. 

(ii) Additional Reporting 

Requirements: FICC proposes to add 

new language to proposed Rule 3, 

Section 2 (‘‘Reports by Netting 


jlentini on PROD1PC65 with NOTICES