### 60165 Federal Register / Vol. 77, No. 191 / Tuesday, October 2, 2012 / Notices

13 17 CFR 200.30–3(a)(12).

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

2 17 CFR 240.19b–4.

3 Securities Exchange Act Release No. 67653 (August 14, 2012), 77 FR 50198 (August 20, 2012). 4 15 U.S.C. 78s(b)(2)(C).

5 15 U.S.C. 78q–1(b)(3)(F). 6 15 U.S.C. 78q–1.

7 15 U.S.C. 78s(b)(2).

8 In approving the proposed rule change, the Commission considered the proposal’s impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f).

9 17 CFR 200.30–3(a)(12). 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 provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission’s Public Reference Room, 100 F Street NE., Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. 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–C2– 2012–034 and should be submitted on or before October 23, 2012.

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 13 Kevin M. O’Neill, Deputy Secretary.
[FR Doc. 2012–24170 Filed 10–1–12; 8:45 am]

**BILLING CODE 8011–01–P**

**SECURITIES AND EXCHANGE COMMISSION** 

**[Release No. 34–67931; File No. SR–FICC– 2012–06]** 

**Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order**  **Approving Proposed Rule Change to Move the Time at Which the Mortgage**  **Backed Securities Division Runs Its Daily Morning Pass** 

September 26, 2012.

I. Introduction

On August 6, 2012, the Fixed Income Clearing Corporation (‘‘FICC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) proposed rule change SR–FICC–2012–06 pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’), 1 and Rule 19b–4 thereunder. 2 The proposed rule change was published for comment in the Federal Register on August 20,
2012. 3 The Commission received no comment letters regarding the proposal. For the reasons discussed below, the Commission is granting approval of the proposed rule change.
II. Description

FICC proposes to move the time at which its Mortgage-Backed Securities Division (‘‘MBSD’’) runs its first processing pass of the day from 2:00 p.m. to 4:00 p.m. Eastern Standard Time. The proposed change does not require revisions to MBSD’s rules because those rules do not address the times of MBSD’s processing passes.

MBSD currently runs its first processing pass of the day (historically referred to as the ‘‘AM Pass’’) at 2:00 p.m. Eastern Standard Time. MBSD also executes an evening pass (referred to as the ‘‘PM Pass’’) at 8:00 p.m. Eastern Standard Time, which will remain unchanged. On days when MBSD executes its to-be-announced netting cycle, this cycle immediately follows the completion of the first pass of the day. The proposed change to 4:00 p.m. for the first pass of the day will allowmore trades to be included in the to-beannounced net, which will assist in reducing both the amount of fails in the market and the related operational risk. The proposed change is being made at the request of the Securities Industry and Financial Markets Association (‘‘SIFMA’’) MBS Operations Committee. MBSD advised members of the proposed change via an Important Notice dated August 1, 2012.

III. Discussion

Section 19(b)(2)(C) of the Act 4 directsthe Commission to approve a selfregulatory organization’s proposed rule change if it determines that the proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to such organization. Section 17A(b)(3)(F) of the Act 5 requires, among other things, that the rules of a clearing agency be designed to promote the prompt and accurate clearance and settlement of security transactions, and to assure the safeguarding of securities and funds that are in the custody or control of such clearing agency, or for which it is responsible.

The Commission concludes that the proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to FICC. The proposed rule change will help to maximize the number of trades that are included in the to-be-announced netting process. This, in turn, should reduce the number of trades that ultimately fail, and will temper the attendant operational risk, as well. The proposed change will therefore foster the prompt and accurate clearance and settlement of security transactions, and assure the safeguarding of securities and funds in FICC’s custody or control, or for which FICC is responsible.

IV. Conclusion

On the basis of the foregoing, the Commission finds that the proposal is consistent with the requirements of the Act, in particular with the requirements of Section 17A of the Act 6 and the rules and regulations thereunder.

It is therefore ordered, pursuant to Section 19(b)(2) of the Act, 7 that the proposed rule change (File No. SR– FICC–2012–06) be and hereby is APPROVED. 8

For the Commission by the Division of Trading and Markets, pursuant to delegated authority. 9 Kevin M. O’Neill, Deputy Secretary.
[FR Doc. 2012–24171 Filed 10–1–12; 8:45 am]

**BILLING CODE 8011–01–P**

**DEPARTMENT OF TRANSPORTATION**

**Federal Aviation Administration**

**Agency Information Collection Activities: Requests for Comments;**  **Clearance of Renewed Approval of Information Collection: Flight**  **Operational Quality Assurance (FOQA) Program** 

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Notice and request for
comments.

**SUMMARY :**  In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request the Office of Management and Budget (OMB) approval to renew an information collection. Flight Operational Quality Assurance (FOQA) is a program for the routine collection and analysis of digital flight data from airline operations, including but not limited to digital flight data currently collected pursuant to existing regulatory provisions. The FAA requires certificate holders who


### 60166 Federal Register / Vol. 77, No. 191 / Tuesday, October 2, 2012 / Notices

voluntarily establish approved FOQA programs to periodically provide aggregate trend analysis information from such programs to the FAA.

**DATES :**  Written comments should be submitted by December 3, 2012.

**FOR FURTHER INFORMATION CONTACT :**  Kathy DePaepe at (405) 954–9362, or by email at: Kathy.A.DePaepe@faa.gov.

**SUPPLEMENTARY INFORMATION :** 

OMB Control Number: 2120–0660. Title: Flight Operational Quality Assurance (FOQA) Program.

Form Numbers: There are no FAA forms associated with this collection.

Type of Review: Renewal of an information collection.

Background: The purpose of collecting, analyzing, aggregating, and reporting this information is to identify potential threats to safety, and to enable early corrective action before such threats lead to accidents. FOQA can provide an objective source of information for FAA decision making, including identification of the need for new rulemaking based on observed trends in FOQA data. Title 14, Code of Federal Regulations (14 CFR), Subpart 13.401, stipulates that the FAA does not use FOQA information in punitive enforcement action against an air carrier or its employees, when that air carrier has an FAA approved FOQA program. There are no legal or administrative requirements that necessitate this rule. The rule is intended to encourage the voluntary implementation of FOQA programs in the interest of safety enhancement.

Respondents: 60 airline operators. Frequency: Information is collected monthly.

Estimated Average Burden per Response: 1 hour.

Estimated Total Annual Burden: 720 hours.

**ADDRESSES :**  Send comments to the FAA at the following address: Ms. Kathy DePaepe, Room 126B, Federal Aviation Administration, AES–200, 6500 S. MacArthur Blvd., Oklahoma City, OK
73169.

Public Comments Invited: You are asked to comment on any aspect of this information collection, including (a) Whether the proposed collection of information is necessary for FAA’s performance; (b) the accuracy of the estimated burden; (c) ways for FAA to enhance the quality, utility and clarity of the information collection; and (d) ways that the burden could be minimized without reducing the quality of the collected information. The agency will summarize and/or include your comments in the request for OMB’s clearance of this information collection. Issued in Washington, DC, on September 25, 2012. Albert R. Spence, FAA Assistant Information Collection Clearance Officer, IT Enterprises Business Services Division, AES–200.
[FR Doc. 2012–24188 Filed 10–1–12; 8:45 am]

**BILLING CODE 4910–13–P**

**DEPARTMENT OF TRANSPORTATION**

**Federal Aviation Administration**

**Agency Information Collection Activities: Requests for Comments;**  **Clearance of Renewed Approval of Information Collection: Certification**  **Procedures for Products and Parts**

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Notice and request for
comments.

**SUMMARY :**  In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request the Office of Management and Budget (OMB) approval to renew an information collection. 14 CFR part 21 prescribes certification standards for aircraft, aircraft engines, propellers appliances and parts. The information collected is used to determine compliance and applicant eligibility. The respondents are aircraft parts designers, manufacturers, and aircraft owners.

**DATES :**  Written comments should be submitted by December 3, 2012.

**FOR FURTHER INFORMATION CONTACT :**  Kathy DePaepe at (405) 954–9362, or by email at: Kathy.A.DePaepe@faa.gov.

**SUPPLEMENTARY INFORMATION :** 

OMB Control Number: 2120–0018. Title: Certification Procedures for Products and Parts.

Form Numbers: FAA Forms 8110–12, 8130–1, 8130–6, 8130–9, 8130–12.

Type of Review: Renewal of an information collection.

Background: 14 CFR Part 21 prescribes certification standards for aircraft, aircraft engines, propellers appliances and parts. The information collected is used to determine compliance and applicant eligibility. FAA Airworthiness inspectors, designated inspectors, engineers, and designated engineers review the required data submittals to determine that aviation products and articles and their manufacturing facilities comply with the applicable requirements, and that the products and articles have no unsafe features.

Respondents: Approximately 13,339 aircraft parts designers, manufacturers, and aircraft owners. Frequency: Information is collected on occasion.

Estimated Average Burden per Response: 30 minutes.

Estimated Total Annual Burden: 19,487 hours.

**ADDRESSES :**  Send comments to the FAA at the following address: Ms. Kathy DePaepe, Room 126B, Federal Aviation Administration, AES–200, 6500 S. MacArthur Blvd., Oklahoma City, OK
73169.

Public Comments Invited: You are asked to comment on any aspect of this information collection, including (a) whether the proposed collection of information is necessary for FAA’s performance; (b) the accuracy of the estimated burden; (c) ways for FAA to enhance the quality, utility and clarity of the information collection; and (d) ways that the burden could be minimized without reducing the quality of the collected information. The agency will summarize and/or include your comments in the request for OMB’s clearance of this information collection.

Issued in Washington, DC on September 25, 2012. Albert R. Spence, FAA Assistant Information Collection Clearance Officer, IT Enterprises Business Services Division, AES–200.
[FR Doc. 2012–24271 Filed 10–1–12; 8:45 am]

**BILLING CODE 4910–13–P**

**DEPARTMENT OF TRANSPORTATION**

**Federal Aviation Administration**

**Agency Information Collection Activities: Requests for Comments;**  **Clearance of Renewed Approval of Information Collection: Application for**  **Employment With the Federal Aviation Administration** 

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Notice and request for
comments.

**SUMMARY :**  In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request the Office of Management and Budget (OMB) approval to renew an information collection. The information collected will be used to evaluate the qualifications of applicants for a variety of positions within the FAA.

**DATES :**  Written comments should be submitted by December 3, 2012.

**FOR FURTHER INFORMATION CONTACT :**  Kathy DePaepe at (405) 954–9362, or by email at: Kathy.A.DePaepe@faa.gov

. **SUPPLEMENTARY INFORMATION :**