23318 Federal Register / Vol. 75, No. 84 / Monday, May 3, 2010 / Notices 

26 In approving this proposed rule change, the 

Commission has considered the proposed rule’s 

impact on efficiency, competition and capital 

formation. See 15 U.S.C. 78c(f). 

27 17 CFR 200.30–3(a)(12). 

general, to protect investors and the 

public interest.26

The proposed rule change is intended 

to address the cessation of the PORTAL 

market and clarify the scope of the ORF 

Rules, as well as make conforming 

changes to other FINRA Rules. The 

Commission believes that the proposed 

rule change is reasonably designed to 

ensure that FINRA will continue to 

receive important transaction 

information with respect to securities 

that are traded over-the-counter. In 

addition, the Commission believes that 

the amended definition ‘‘OTC Equity 

Security,’’ the standardization of that 

definition throughout FINRA rules and 

FINRA’s other proposed changes will 

close gaps and add clarity with respect 

to the application of specified FINRA 

rules to certain securities. 

V. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act, that the 

proposed rule change (SR–FINRA– 

2010–003), as modified by Amendment 

Nos. 1 and 2, be, and it hereby is, 

approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.27

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–10252 Filed 4–30–10; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 6983] 

Culturally Significant Objects Imported 

for Exhibition Determinations: ‘‘John 

Baldessari: Pure Beauty’’ 

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, Delegation of Authority 

No. 236 of October 19, 1999, as 

amended, and Delegation of Authority 

No. 257 of April 15, 2003 [68 FR 19875], 

I hereby determine that the objects to be 

included in the exhibition ‘‘John 

Baldessari: Pure Beauty,’’ 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 Los Angeles 

County Museum of Art, Los Angeles, 

CA, from on or about June 27 2010, until 

on or about September 12, 2010; at the 

Metropolitan Museum of Art, New York, 

NY, from on or about October 18, 2010, 

until on or about January 9, 2011, and 

at possible additional exhibitions or 

venues yet to be determined, is in the 

national interest. Public Notice of these 

Determinations is ordered to be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Carol B. 

Epstein, Attorney-Adviser, Office of the 

Legal Adviser, U.S. Department of State 

(telephone: 202–632–6473). The address 

is U.S. Department of State, SA–5, L/PD, 

Fifth Floor, Washington, DC 20522– 

0505. 

Dated: April 27, 2010. 

Maura M. Pally, 

Deputy Assistant Secretary for Professional 

and Cultural Exchanges, Bureau of 

Educational and Cultural Affairs, Department 

of State. 

[FR Doc. 2010–10255 Filed 4–30–10; 8:45 am] 

BILLING CODE 4710–05–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

[Docket No. WTO/DS403] 

WTO Dispute Settlement Proceeding 

Regarding Philippines—Taxes on 

Distilled Spirits 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Notice; request for comments. 

SUMMARY: The Office of the United 

States Trade Representative (‘‘USTR’’) is 

providing notice that on March 29, 

2010, the United States requested 

establishment of a dispute settlement 

panel under the Marrakesh Agreement 

Establishing the World Trade 

Organization (‘‘WTO Agreement’’) with 

respect to the taxation of imported 

distilled spirits in the Philippines. That 

request may be found at http:// 

www.wto.org in a document designated 

as WT/DS403/4. The panel was 

established by the World Trade 

Organization (‘‘WTO’’) Dispute 

Settlement Body on April 20, 2010. 

USTR invites written comments from 

the public concerning the issues raised 

in this dispute. 

DATES: Although USTR will accept any 

comments received during the course of 

the dispute settlement proceedings, 

comments should be submitted on or 

before June 2, 2010 to be assured of 

timely consideration by USTR. 

ADDRESSES: Public comments should be 

submitted electronically to http:// 

www.regulations.gov, docket number 

USTR–2010–0005. If you are unable to 

provide submissions by http:// 

www.regulations.gov, please contact 

Sandy McKinzy at (202) 395–9483 to 

arrange for an alternative method of 

transmission. If (as explained below) the 

comment contains confidential 

information, then the comment should 

be submitted by fax only to Sandy 

McKinzy at (202) 395–3640. 

FOR FURTHER INFORMATION CONTACT: 

Courtney E. Smothers, Associate 

General Counsel, Office of the United 

States Trade Representative, 600 17th 

Street, NW., Washington, DC 20508, 

(202) 395–5657. 

SUPPLEMENTARY INFORMATION: Section 

127(b) of the Uruguay Round 

Agreements Act (URAA) (19 U.S.C. 

2527(b)(1)) requires that notice and 

opportunity for comment be provided 

after the United States submits or 

receives a request for establishment of a 

WTO dispute settlement panel. 

Consistent with this obligation, USTR is 

providing notice that it requested a 

panel and the panel has been 

established pursuant to the WTO 

Understanding on Rules and Procedures 

Governing the Settlement of Disputes 

(‘‘DSU’’). The panel will hold its 

meetings in Geneva, Switzerland, and 

would be expected to issue a report on 

its findings and recommendations 

within nine months after it is 

established. 

Major Issues Raised by the United 

States 

The United States has raised concerns 

with the Philippines over taxation of 

distilled spirits many times over the 

past several years, both bilaterally and 

in WTO forums. On January 14, 2010, 

the United States requested 

consultations regarding this issue. The 

Philippines taxes distilled spirits at 

rates that differ depending on the 

product from which the spirit is 

distilled. The Philippines taxes distilled 

spirits made from certain materials that 

are typically produced in the 

Philippines, such as cane sugar and 

palm, at a low rate (e.g. 13.59 pesos per 

proof liter in 2009). Other distilled 

spirits are taxed at significantly higher 

rates (from approximately ten to forty 

times higher) than the low rate applied 

to domestic products. The Philippines’ 

taxes on distilled spirits appear not to 

tax similarly imported distilled spirits 


erowe on DSK5CLS3C1PROD with NOTICES