67106 Federal Register / Vol. 62, No. 246 / Tuesday, December 23, 1997 / Notices

accrue against the member employing the

associated person at the time of the events which

gave rise to the dispute. References in this rule

filing to fees assessed against members named in

the proceeding will also refer to the circumstance

where the member is not named in the proceeding,

but is assessed the fee because a present or, where

applicable, former associated person of the member

is named in the proceeding.

4As with the member surcharge, the proposed

process fees will be assessed only against members.

They will not be assessed against associated

persons. In addition, because the process fee will

be assessed against a member if an associated

person of the member is named in a proceeding,

members would be required to pay the process fee,

for example: (1) Where a member brings an

arbitration case against an associated person to

recover on an promissory note; (2) where an

associated person brings an arbitration case against

a member for defamation or wrongful discharge; or

(3) where a customer brings an arbitration case

against an associated person but does not name the

member that employed the associated person at the

time of the events that are the subject of the claim.

5 15 U.S.C. 78o–3.

6 15 U.S.C. 78s(b)(3)(A).

7 17 CFR 240.19b–4(e).

claim is received or due, an additional

$150 fee will accrue. Finally, when the

arbitrators are selected, a fee of $400

will accrue against each member in the

case, for a maximum assessment against

each member of $600. The Prehearing

Process fee will be due and payable

when the prehearing conference is held,

or, if no prehearing conference is held,

when the parties are notified of the date

and location of the first hearing. These

fees will not be dependent on the

amount of the claim.

The Hearing Process Fee will accrue

and become due and payable when the

parties are notified of the date and

location of the first hearing session. The

Hearing Process Fee will be a graduated

fee ranging from $1000 to $5000, based

on the amount in dispute.

If an associated person is named, the

member firm that employed the

associated person at the time the claim

arose will be assessed fees; however, a

member will only be assessed once for

each case even if both the member and

an associated person (or more than one

associated person) of the member are

named as respondents. 4

NASD Regulation believes that, by

structuring the process fees in the

manner proposed, the Office’s costs will

be recovered even if there are significant

variations in the number of cases that

proceed all the way through a hearing.

Moreover, NASD Regulation believes

that the proposed process fees may

encourage settlements because

significantly greater fees will be

incurred by members once the matter

proceeds to hearing.

2. Statutory Basis

NASD Regulation believes that the

proposed rule change is consistent with

the provisions of Section 15A(b)(5) of

the Act 5 in that the proposed rule

change provides for the equitable

allocation of reasonable charges among

members and other persons using the

Association’s arbitration facility and

requires member firm users to absorb a

reasonable share of the costs of

operating the arbitration program.

B. Self-Regulatory Organization’s

Statement on Burden on Competition

The NASD does not believe the

proposed rule change will impose any

burden on competition.

C. Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received from

Members, Participants or Others

No written comments were solicited

on received with respect to the

proposed rule change.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

The proposed rule change has become

effective upon filing pursuant to Section

19(b)(3)(A) of the Act 6 and

subparagraph (e) of Rule 19b–4

thereunder, 7 in that the proposal

constitutes a fee which the NASD

imposes on its members. At any time

within 60 days of the filing of such

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.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549. 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

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

available for inspection and copying at

the Commission’s Public Reference

Room. Copies of such filing will also be

available for inspection and copying at

the principal office of the NASD. All

submissions should refer to File No.

SR–NASD–97–88 and should be

submitted by January 13, 1998.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–33405 Filed 12–22–97; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Coast Guard

[CGD08–97–045]

Lower Mississippi River Waterway

Safety Advisory Committee

AGENCY: Coast Guard, DOT.

ACTION: Notice of meeting.

SUMMARY: The Lower Mississippi River

Waterway Safety Advisory Committee

will meet to discuss various navigation

safety matters affecting the Lower

Mississippi River area. The meeting will

be open to the public.

DATES: The meeting will be held from 9

a.m. to approximately 11 a.m. on

Wednesday, January 28, 1998.

ADDRESSES: The meeting will be held in

the basement conference room of the

Hale Boggs Federal Building located at

501 Magazine Street, New Orleans,

Louisiana.

FOR FURTHER INFORMATION CONTACT:

M. Monty Ledet, USCG, c/o

Commander, Eighth Coast Guard

District (m), Room 1341, Hale Boggs

Federal Building, 501 Magazine Street,

New Orleans, LA 70130–3396,

telephone (504) 589–4686.

SUPPLEMENTARY INFORMATION: Notice of

this meeting is given pursuant to the

Federal Advisory Committee Act, 5

U.S.C. App. 2 § 1 et seq. The meeting is

open to the public. Members of the

public may present written or oral

statements at the meeting. The agenda

for the meeting consists of the following

items:

Election of Committee Chairman.

Election of Committee Vice Chairman.

Approval of the September 10, 1997

minutes.

Subcommittee Reports.

Old Business.

New Business.

Adjournment.

Information on Services for Individuals

with Disabilities

For information on facilities or

services for individuals with disabilities

or to request special assistance at the
Federal Register / Vol. 62, No. 246 / Tuesday, December 23, 1997 / Notices 67107

meeting, contact M. Monty Ledet,

Marine Safety Division, Eighth Coast

Guard District, at the number listed in

FOR FURTHER INFORMATION above, as soon

as possible.

Dated: December 15, 1997.

T.W. Josiah,

Rear Admiral, U.S. Coast Guard, Commander,

Eighth Coast Guard District.

[FR Doc. 97–33463 Filed 12–22–97; 8:45 am]

BILLING CODE 4910–14–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Agency Information Collection Activity

Under OMB Review

AGENCY: Department of Transportation,

Federal Aviation Administration (DOT/

FAA).

ACTION: Notice.

SUMMARY: In compliance with the

Paperwork Reduction Act of 1995 (44

U.S.C. 3501 et seq.) this notice

announces that the information

collection request described below has

been forwarded to the Office of

Management and Budget (OMB) for

review. The FAA is requesting a

clearance in accordance with 5 CFR

#1320.10. The following information

describes the nature of the information

collection and its expected burden.

DATES: Submit any comments to OMB

and FAA by February 23, 1998.

SUPPLEMENTARY INFORMATION:

Title: Flight Standards Customer

Satisfaction Survey #2.

Need: The need is for the Flight

Standards Service to survey customers

in keeping with our strategic initiative

to improve the quality of our service by

anticipating customer needs and

responding to the public interest. The

action of conducting customer

satisfaction surveys is consistent with,

and mandated by, such executive and

federal level issuances as the September

1993 Presidential Executive Order, Vice

President Gore’s Report of the National

Performance Review, and the FAA’s

Strategic Plan.

The completion of this survey is

voluntary. No assurance of

confidentiality is provided as the

respondents are not asked to reveal

information about themselves, except if

they wish to do so voluntarily in the

comments section. Additionally, we are

stating in the questionnaires themselves

that any names or identifying

information will be redacted by the

contractor before a list of comments is

turned over to the FAA.

Respondents: A combination of

approximately 53,625 airmen, air

operators, or air agencies are expected to

respond.

Frequency: Every 18 months.

Burden: The Federal burden is

approximately $205,500; the respondent

burden is approximately 10,725 hours

and $375,000.

FOR FURTHER INFORMATION: or to obtain

a copy of the request for clearance

submitted to OMB, you may contact Ms.

Judith Street at the Federal Aviation

Administration, Corporate Information

Division, ABC–100, 800 Independence

Avenue, SW, Washington, DC 20591.

Comments may be submitted to the

agency at the address above and to:

Office of Information and Regulatory

Affairs, Office of Management and

Budget, Room 10202, Attention FAA

Desk Officer, 725 17th Street, NW,

Washington, DC 20503.

Issued in Washington, DC, on December

17, 1997.

Steve Hopkins,

Manager, Corporate Information Division,

ABC–100.

[FR Doc. 97–33462 Filed 12–22–97; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

RTCA Special Committee 165;

Minimum Operational Performance

Standards for Aeronautical Mobile

Satellite Services

Pursuant to section 10(a)(2) of the

Federal Advisory Committee Act (P.L.

92–463, 5 U.S.C., Appendix 2), notice is

hereby given for Special Committee

(SC)–165 meeting to be held January 7,

1998, starting at 9:00 a.m. The meeting

will be held at RTCA, 1140 Connecticut

Avenue, NW., Suite 1020, Washington,

DC 20036.

This plenary meeting will be

preceded by a meeting of SC–165

Working Group (WG)–3, AMSS System/

Service Criteria, on January 5–6.

The plenary agenda will be as follows:

(1) Welcome and Introductions;

(2) Review and Approval of the

Summary of the Previous Meeting;

(3) Chairman’s Remarks;

(4) Overview of New Developments

Relevant to AMSS and SC–165:

a. Required Communications

Performance (SC–169/WG–2);

b. AMCP WG–A on AMSS; c. AMS

(R)S Spectrum Issues;

d. AEEC 741 and 761 Characteristics;

e. Industry, Users, Government

Comments;

(5) Review of Working Group Activities:

a. WG–1 (AMSS Avionics

Equipment MOPS); b. WG–3

(System/Service Performance

Criteria); c. WG–5 (AMS(R)S

Satcom Voice);

(6) Other Business;

(7) Date and Place of Next Meeting.

Attendance is open to the interested

public but limited to space availability.

With the approval of the chairman,

members of the public may present oral

statements at the meeting Persons

wishing to present statements or obtain

information should contact the RTCA

Secretariat, 1140 Connecticut Avenue,

NW., Suite 1020, Washington, DC

20036; (202) 833–9339 (phone); (202)

833–9434 (fax); or http://www/rtca/org

(web site). Members of the public may

present a written statement to the

committee at any time.

Issued in Washington, DC, on December

17, 1997.

Janice L. Peters,

Designated Official.

[FR Doc. 97–33461 Filed 12–22–97; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF TRANSPORTATION

Federal Highway Administration

Federal Transit Administration

National Highway Traffic Safety

Administration

Intelligent Vehicle Initiative; Request

for Information

AGENCIES: Federal Highway

Administration (FHWA), Federal

Transit Administration (FTA), and

National Highway Traffic Safety

Administration (NHTSA), DOT.

ACTION: Notice; request for information.

SUMMARY: The USDOT is seeking

comments from all sources (public,

private, governmental, academic,

professional, public interest groups, and

other interested parties) on the

Intelligent Vehicle Initiative (IVI). The

IVI is being established as a major new

component of the Intelligent

Transportation Systems (ITS) Program.

The intent of the IVI is to improve

significantly the safety and efficiency of

motor vehicle operations by reducing

the probability of motor vehicle crashes.

To accomplish this, the IVI will

accelerate the development, availability,

and use of driving assistance and

control intervention systems to reduce

deaths, injuries, property damage, and

the societal loss that result from motor

vehicle crashes. These systems would

help drivers process information, make

decisions, and operate vehicles more

effectively. These systems would