28908 Federal Register / Vol. 72, No. 99 / Wednesday, May 23, 2007 / Proposed Rules 

1See Exchange Act Release No. 55431, 72 FR 

12862 (Mar. 19, 2007). 

2See also Letter from Gerard J. Quinn, Vice 

President and Associate General Counsel of SIFMA 

to Michael Macchiaroli, date May 4, 2007 (noting 

the importance of the issues discussed in the 

release and the complexity of the issues involved). 

3 If the comment period was extended for thirty 

days, the due date would fall on a Sunday. 

Therefore, the Commission is extending the 

comment period for thirty-one days. 

SECURITIES AND EXCHANGE 

COMMISSION 

17 CFR Part 240 

[Release No. 34–55777; File No. S7–08–07] 

RIN 3235–AJ85 

Amendments to Financial 

Responsibility Rules for BrokerDealers 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Proposed rule; extension of 

comment period. 

SUMMARY: The Securities and Exchange 

Commission is extending the comment 

period for a release proposing 

amendments to its net capital, customer 

protection, books and records, and 

notification rules for broker-dealers 

under the Securities Exchange Act of 

1934 (‘‘Exchange Act’’), which was 

issued by the Commission on March 9, 

2007 (Exchange Act Release No. 55431, 

72 FR 12862 (Mar. 19, 2007)). The 

original comment period for Release No. 

34–55431 is scheduled to end on May 

18, 2007. The Commission is extending 

the time period in which to provide the 

Commission with comments on the 

proposed amendments described in 

Release No. 34–55431 for thirty-one 

days until Monday, June 18, 2007. This 

action will allow all interested persons 

additional time to analyze the issues 

and prepare their comments. 

DATES: Comments should be received on 

or before June 18, 2007. 

ADDRESSES: Comments may be 

submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s Internet 

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

rules/proposed); or 

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

Number S7–08–07 on the subject line; 

or 

• Use the Federal eRulemaking Portal 

(http://www.regulations.gov). Follow the 

instructions for submitting comments. 

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 S7–08–07. This file number 

should be included on the subject line 

if e-mail is used. To help us 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/proposed). 

Comments will also be available for 

public inspection and copying in the 

Commission’s Public Reference Room, 

100 F Street, NE., Washington, DC 

20549. All comments received will be 

posted without change; we do not edit 

personal identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. 

FOR FURTHER INFORMATION CONTACT: 

Michael A. Macchiaroli, Associate 

Director, at (202) 551–5525; Thomas K. 

McGowan, Assistant Director, at (202) 

551–5521; Randall Roy, Branch Chief, at 

(202) 551–5522; or Bonnie Gauch, 

Attorney, (202) 551–5524; Division of 

Market Regulation, Securities and 

Exchange Commission, 100 F Street, 

NE., Washington, DC 20549–6628. 

SUPPLEMENTARY INFORMATION: On March 

9, 2007, the Commission requested 

comment on proposed amendments to 

the Commission’s net capital, customer 

protection, books and records, and 

notification rules for broker-dealers 

under the Exchange Act.1 Specifically, 

the proposed amendments are designed 

to address several emerging areas of 

concern regarding the financial 

requirements for broker-dealers. They 

also would update the financial 

responsibility rules and make certain 

technical amendments. 

The Commission originally requested 

that comments on this proposal be 

received by May 18, 2007. The 

Commission thus far has received few 

public comments and believes that 

extending the comment period would be 

appropriate in order to give the public 

additional time to thoroughly consider 

the matters addressed by the release.2

Therefore, the Commission is extending 

the comment period for Release No. 34–

55431 (Amendments to Financial 

Responsibility Rules for Broker-Dealers) 

for thirty-one days, to Monday, June 18, 

2007.3

Dated: May 17, 2007. 

By the Commission. 

Nancy M. Morris, 

Secretary. 

[FR Doc. E7–9833 Filed 5–22–07; 8:45 am] 

BILLING CODE 8010–01–P 

POSTAL SERVICE 

39 CFR Part 111 

New Address Quality Standards for 

First-Class Mail and Standard Mail 

AGENCY: Postal Service. 

ACTION: Proposed rule. 

SUMMARY: This proposed rule provides 

revisions to Mailing Standards of the 

United States Postal Service, Domestic 

Mail Manual (DMM) that we will adopt 

no earlier than 18 months from the 

publication date of this notice. Move 

Update, the process for updating names 

and addresses, is currently required for 

mailers to obtain discounted rates for 

First-Class Mail. All address records 

used on pieces in discounted-rate 

mailings of First-Class Mail must be 

matched with customer-filed change-ofaddress orders received and maintained 

by the USPS using a USPS-approved 

method within 185 days of the date of 

mailing. 

Our proposal includes the following 

changes related to move update 

processing: (1) Extending the Move 

Update requirement to all Standard Mail 

and (2) reducing the window for move 

update processing of names and 

addresses used for mailings of 

discounted First-Class Mail from 185 

days to 95 days prior to mailing. The 

revised timeframe would apply to all 

pieces in Standard Mail mailings. 

DATES: We must receive your comments 

on or before June 22, 2007. 

ADDRESSES: Mail or deliver written 

comments to the Office of Product 

Management—Addressing, National 

Customer Support Center, United States 

Postal Service, 6060 Primacy Parkway, 

Ste. 201, Memphis, TN 38188–0001. 

You may inspect and photocopy all 

written comments at USPS 

Headquarters Library, 475 L’Enfant 

Plaza, SW., 11th Floor N, Washington, 

DC 20260–1450 between 9 a.m. and 4 

p.m., Monday through Friday. 

FOR FURTHER INFORMATION CONTACT: 

Charles B. Hunt, 901–681–4651; or Bert 

Olsen, 202–268–7276. 

SUPPLEMENTARY INFORMATION: The 

decisions mailers make about address 

quality directly affect their ability to 

reach valued customers. Over the years, 

the Postal Service has invested heavily 

to create an automated mailstream to 


cprice-sewell on PROD1PC71 with PROPOSALS