Federal Register / Vol. 65, No. 226 / Wednesday, November 22, 2000 / Notices 70369

For the Nuclear Regulatory Commission.

Eric J. Leeds,

Chief, Special Projects Branch, Division of

Fuel Cycle Safety and Safeguards, Office of

Nuclear Material Safety and Safeguards.

[FR Doc. 00–29835 Filed 11–21–00; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Nuclear

Regulatory Commission.

DATE: Weeks of November 20, 27,

December 4, 11, 18, and 25, 2000.

PLACE: Commissioners’ Conference

Room, 11555 Rockville Pike, Rockville,

Maryland.

STATUS: Public and Closed.

MATTERS TO BE CONSIDERED: 

Week of November 20

There are no meetings scheduled for

the Week of November 20.

Week of November 27—Tentative

Monday, November 27, 2000

9 a.m.—Briefing by DOE on Plutonium

Disposition Program and MOX Fuel

Fabrication Facility Licensing

(Public Meeting), (Contact: Drew

Persinko, 301–415–6522)

This meeting will be webcast live at

the Web address—www.nrc.gov/

live.html

Week of December 4—Tentative

Monday, December 4, 2000

1:55 p.m.—Affirmation Session (Public

Meeting) (If needed).

2 p.m.—Briefing on License Renewal

Generic Aging Lessons Learned

(GALL) Report, Standard Review

Plan (SRP), and Regulatory Guide

(Public Meeting) (Contact: Chris

Grimes, 301–415–1183).

This meeting will be webcast live at

the Web address—www.nrc.gov/

live.html

Week of December 11—Tentative

There are no meetings scheduled for

the Week of December 11.

Week of December 18—Tentative

Wednesday, December 20, 2000

9:25 a.m.—Affirmation Session (Public

Meeting) (If needed).

9:30 a.m.—Briefing on the Status of the

Fuel Cycle Facility Oversight

Program Revision (Public Meeting)

(Contact: Walt Schwink, 301–415–

7253).

This meeting will be webcast live at

the Web address—www.nrc.gov/

live.html

Week of December 25—Tentative

There are no meetings scheduled for

the Week of December 25.

The schedule for Commission

meetings is subject to change on short

notice. To verify the status of meetings

call (Recording)—(301) 415–1292.

Contact person for more information:

Bill Hill (301) 415–1661.

Additional Information: By a vote of

5–0 on November 17, the Commission

determined pursuant to U.S.C. 552b(e)

and § 9.107(a) of the Commission’s rules

that ‘‘Affirmation of PRIVATE FUEL

STORAGE, L.L.C., Appeal of Licensing

Board’s Order, Denying Motion for

Reconsideration/Intervention Petition’’

be held on November 17, and on less

than one week’s notice to the public.

The NRC Commission Meeting

Schedule can be found on the Internet

at: http://www.nrc.gov/SECY/smj/

schedule.htm.

This notice is distributed by mail to

several hundred subscribers; if you no

longer wish to receive it, or would like

to be added to it, please contact the

Office of the Secretary, Attn: Operations

Branch, Washington, D.C. 20555 (301–

415–1661). In addition, distribution of

this meeting notice over the Internet

system is available. If you are interested

in receiving this Commission meeting

schedule electronically, please send an

electronic message to wmh@nrc.gov or

dkw@nrc.gov.

Dated: November 17, 2000.

William M. Hill, Jr.,

Secretary Tracking Officer, Office of the

Secretary.

[FR Doc. 00–29966 Filed 11–20–00; 11:44

am]

BILLING CODE 7590–01–M

OVERSEAS PRIVATE INVESTMENT

CORPORATION

Sunshine Act Meeting

TIME AND DATE: 2:00 pm, Thursday,

December 7, 2000.

PLACE: Offices of the Corporation,

Twelfth Floor Board Room, 1100 New

York Avenue, NW., Washington, DC.

STATUS: Hearing open to the Public at

2:00 pm.

PURPOSE: In conjunction with the

quarterly meeting of OPIC’s Board of

Directors, to afford an opportunity for

any person to present views regarding

the activities of the Corporation.

Procedure: Individuals wishing to

address the hearing orally must provide

advance notice to OPIC’s Corporate

Secretary no later than 5 PM, December

6, 2000. The notice must include the

individual’s name, organization,

address, and telephone number, and a

concise summary of the subject matter

to be presented.

Oral presentations may not exceed ten

(10) minutes. The time for individual

presentations may be reduced

proportionately, if necessary, to afford

all participants who have submitted a

timely request to participate an

opportunity to be heard.

Participants wishing to submit a

written statement for the record must

submit a copy of such statement to

OPIC’s Corporate Secretary no later than

5 PM, December 6, 2000. Such

statements must be typewritten, doublespaced and may not exceed twenty-five

(25) pages.

Upon receipt of the required notice,

OPIC will prepare an agenda for the

hearing identifying speakers, setting

forth the subject on which each

participant will speak, and the time

allotted for each presentation. The

agenda will be available at the hearing.

A written summary of the hearing will

be compiled, and such summary will be

made available, upon written request to

OPIC’s Corporate Secretary, at the cost

of reproduction.

CONTACT PERSON FOR INFORMATION:

Information on the hearing may be

obtained from Connie M. Downs at (202)

336–8438, via facsimile at (202) 408–

0297, or via email at cdown@opic.gov.

Dated: November 20, 2000.

Connie M. Downs,

OPIC Corporate Secretary.

[FR Doc. 00–30030 Filed 11–20–00; 3:03 pm]

BILLING CODE 3210–01–M

OFFICE OF PERSONNEL

MANAGEMENT

The Presidential Advisory Committee

on Expanding Training Opportunities

AGENCY: Office of Personnel

Management.

ACTION: Notice of meeting.

Time and Date: 8:30 a.m., Friday,

December 8, 2000.

Place: Office of Personnel

Management, 1900 E Street, NW., Room

1350, Washington, DC 20415.

Status: This meeting will be open to

the public. Seating is limited and will

be available on a first-come, first-served

basis. Individuals with special access

needs wishing to attend should contact

the Office of Personnel Management

through the information shown below to

70370 Federal Register / Vol. 65, No. 226 / Wednesday, November 22, 2000 / Notices

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

2Securities Exchange Act Release No. 42997,

(June 30, 2000), 65 FR 42739.

3 GSCC Rule 12, section 8.

4 GSCC’s rules also provide that if the GSCC

Board determines in its sole discretion that a

netting member has on a frequent basis and without

good cause caused GSCC to incur such financing

costs, the member can become obligated to pay for

or to reimburse GSCC for the entire amount of the

financing costs.

5 GCF inter-dealer broker netting member that

GSCC has: (1) determined to be eligible to

participate in GSCC’s netting system services for

repo transactions pursuant to GSCC Rule 18 and (2)

designated as eligible to submit to GSCC data on

GCF repo transactions on a locked-in basis.

6 GSCC already has the authority to enter into

repurchase agreements in connection with clearing

fund deposits and proprietary funds.

7 GSCC may also reimburse certain dealer netting

members in a similar situation. This additional

possibility for reimbursement would apply to a

division or other separate operating unit within a

dealer netting member that GSCC has determined:

(a) operates in the same manner as a broker and (b)

has agreed to and does participate in the repo

netting service pursuant to the same requirements

imposed under GSCC’s rules on inter-dealer broker

netting members that participate in that service.

8 15 U.S.C. 78q–1(b)(3)(F).

obtain appropriate accommodation. Any

member of the public wishing further

information about the meeting or

wishing to submit oral or written

comments should contact the

Designated Federal Official through the

information shown below. Requests for

oral comments must be in writing and

received no later than 5:00 p.m. Eastern

Daylight Savings Time on Monday,

December 4, 2000. Each individual or

group making an oral presentation will

be limited in time based on the agenda

and the number of people requesting to

speak. Remarks may be submitted for

the record. Written comments (30

copies) which are received in enough

time will be shared with the Committee

prior to the meeting. Comments

received close to the meeting date will

be shared with the Committee at the

meeting.

Matters To Be Considered: Executive

Order 13111, Using Technology to

Improve Training Opportunities for

Federal Government Employees, was

issued by the President on January 12,

1999, and established the Presidential

Advisory Committee on Expanding

Training Opportunities. At its third

meeting, the Committee will discuss a

variety of topics related to their tasks:

work group progress; structured

interview results; chronicle report

review and discussion; and transition

issues. The Committee will also discuss

their overall approach, timeline, and

plans to accomplish their tasks.

Committee functions include (1)

providing an independent assessment of

(a) progress made by the Federal

Government in its use and integration of

technology in training programs; (b)

how Federal Government programs,

initiatives, and policies can encourage

or accelerate training technology to

provide more accessible, timely, and

cost-effective training opportunities for

all Americans; (c) mechanisms for the

Federal Government to encourage

private sector investment in the

development of high quality

instructional software and wider

deployment and use of technologymediated instruction so that all

Americans may take advantage of the

opportunities provided by learning

technology; and (d) the appropriate

Federal Government role in research

and development for learning

technologies and their applications in

order to develop high quality training

and education opportunities for all

Americans and (2) an analysis of

options for helping adult Americans

finance the training and post-secondary

education needed to upgrade skills and

gain new knowledge.

FOR FURTHER INFORMATION: Please

contact Barbara Swanson, Designated

Federal Officer for the Presidential

Advisory Committee on Expanding

Training Opportunities, at U.S. Office of

Personnel Management, 1900 E Street

NW., Washington, DC 20415; at

telephone (202) 606–2721; or fax (202)

606–5231.

Office of Personnel Management

Janice R. Lachance,

Director.

[FR Doc. 00–29819 Filed 11–21–00; 8:45 am]

BILLING CODE 6325–01–U

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–43566; File No. SR–GSCC–

00–01]

Self-Regulatory Organizations;

Government Securities Clearing

Corporation; Order Granting Approval

of a Proposed Rule Change Relating to

Financing Necessary for the Provision

of Securities Settlement Services

November 15, 2000.

On March 7, 2000, the Government

Securities Clearing Corporation

(‘‘GSCC’’) filed with the Securities and

Exchange Commission (‘‘Commission’’)

a proposed rule change (File No. SR–

GSCC–00–01) pursuant to section

19(b)(1) of the Securities Exchange Act

of 1934 (‘‘Act’’).1 Notice of the proposal

was published in the Federal Register

on July 11, 2000.2 No comment letters

were received. For the reasons

discussed below, the Commission is

granting approval of the proposed rule

change.

I. Description

According to GSCC, it occasionally is

required to obtain financing in

connection with its securities settlement

process. For example, a member with a

net short position may deliver securities

so near the close of the securities

Fedwire that GSCC is unable to

redeliver the securities to member(s)

with the net long position(s). Currently,

GSCC’s rules provide for GSCC to obtain

financing under these circumstances in

the form of loans because the rules

expressly permit GSCC to grant security

interests in the securities in question.3

The costs or expenses that GSCC incurs

in obtaining such financing are

generally allocated pro rata among all

netting members based upon usage of

GSCC’s services.4

Another situation where GSCC might

need to obtain financing is when a GCF

inter-dealer broker 5 has a GCF net

settlement position as the result of a

data submission error. As a result, GSCC

is required to finance the settlement of

the other-side of the transaction. Again,

GSCC’s rules currently contemplate that

GSCC will obtain the requisite cash or

securities through loans or securities

borrowing/lending transactions. The

rule change gives GSCC the option to

obtain the requisite financing in the

situations such as the ones described

above by entering into repurchase

transactions with GSCC netting

members and clearing agent bank

members.6

The rule change also addresses the

situation where an inter-dealer broker

netting member obtains financing of a

net settlement position. For example, an

inter-dealer broker may have a net

settlement position as the result of an

uncompared trade. Under the proposed

rule change, if the inter-dealer brokernetting member obtains financing of a

net settlement position, it must obtain

such financing by entering into

overnight repurchase transactions only

with GSCC netting members or clearing

agent bank members. GSCC may

reimburse the inter-dealer broker for the

costs of such financing if the net

settlement position was incurred

through no fault of the inter-dealer

broker.7

II. Discussion

Section 17A(b)(3)(F) 8 of the Act

requires that the rules of a clearing

agency be designed to assure the

safeguarding of securities and funds

which are in the custody or control of