Federal Register / Vol. 62, No. 41 / Monday, March 3, 1997 / Notices 9475

6 15 U.S.C. 78q–1.

7 15 U.S.C. 78s(b)(3)(A)(ii).

8 17 CFR 240.19b–4(e)(2).

9 17 CFR 200.30–3(a)(12).

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

2The Commission has modified the text of the

summaries prepared by MBSCC.

3 15 U.S.C. 78q–1(b)(3)(D).

inquiries has declined to less than

twenty submissions, DTC proposes to

eliminate the fee related to such

unnecessary inquiries.

DTC believes the proposed rule

change is consistent with the

requirements of Section 17A of the Act 6

and the rules and regulations

thereunder because DTC’s fees will be

more equitably allocated among DTC

participants. DTC also believes that the

proposed rule change will not affect the

safeguarding of the securities and funds

in DTC’s custody or control or for which

it is responsible.

(B) Self-Regulatory Organization’s

Statement on Burden on Competition

DTC does not believe that the

proposed rule change will impose any

burden on competition that is not

necessary or appropriate in furtherance

of the purposes of the Act.

(C) Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants, or Others

Written comments from DTC

participants have not been solicited or

received on the proposed rule change.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

The foregoing rule change has become

effective pursuant to Section

19(b)(3)(A)(ii) 7 of the Act and pursuant

to Rule 19b–4(e)(2) 8 promulgated

thereunder because the proposal

establishes or changes a due, fee, or

other charge imposed by DTC. At any

time within sixty days of the filing of

such 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, NW.,

Washington, DC 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 in

the Commission’s Public Reference

Section, 450 Fifth Street, NW.,

Washington, DC 20549. Copies of such

filing also will be available for

inspection and copying at the principal

office of DTC. All submissions should

refer to File No. SR–DTC–97–02 and

should be submitted by March 24, 1997.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.9

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–5080 Filed 2–28–97; 8:45 am]

BILLING CODE 8010–01–M

[Release No. 34–38330; File No. SR–

MBSCC–97–01]

Self-Regulatory Organizations; MBS

Clearing Corporation; Notice of Filing

and Immediate Effectiveness of a

Proposed Rule Change Relating to

Modification of Electronic Pool

Notification Fee Schedule

February 24, 1997.

Pursuant to Section 19(b)(1) of the

Securities Exchange Act of 1934

(‘‘Act’’),1 notice is hereby given that on

January 29, 1997, the MBS Clearing

Corporation (‘‘MBSCC’’) filed with the

Securities and Exchange Commission

(‘‘Commission’’) the proposed rule

change as described in Items I, II, and

III below, which items have been

prepared primarily by MBSCC. The

Commission is publishing this notice to

solicit comments on the proposed rule

change from interested persons.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

The proposed rule change makes

technical modifications to the schedule

of charges for the Electronic Pool

Notification (‘‘EPN’’) service.

II. Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

In its filing with the Commission,

MBSCC included statements concerning

the purpose of and basis for the

proposed rule change and discussed any

comments it received on the proposed

rule change. The text of these statements

may be examined at the places specified

in Item IV below. MBSCC has prepared

summaries, set forth in sections (A), (B),

and (C) below, of the most significant

aspects of such statements.2

(A) Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

The purpose of the proposed rule

change is to make technical

modifications to the schedule of charges

for the EPN service. The EPB schedule

of charges currently reflects that MBSCC

charges its participants access fees for

connectivity to the EPN service based

on each circuit that they have to

MBSCC’s MetroTech facility only.

However, MBSCC also charges its

participants access fees for each circuit

that they have to MBSCC’s Water Street

facility. The proposed rule change

modifies the EPN schedule of charges to

reflect that MBSCC charges its access

fees ‘‘per circuit to MetroTech and

Water Street.’’

The proposed rule change also makes

an additional technical modification to

the EPN schedule of charges to delete

the reference to an AutoLink Request.

AutoLink was a method to request a

retransmission of previously transmitted

messages. Participants no longer use

AutoLink but instead use the

Retransmission Request as the method

to request a retransmission of previously

transmitted messages.

MBSCC believes that the proposed

rule change is consistent with Section

17A(b)(3)(D) of the Act 3 and the rules

and regulations thereunder because it

provides for the equitable allocation of

reasonable dues, fees, and other charges

among MBSCC’s participants.

(B) Self-Regulatory Organization’s

Statement on Burden on Competition

MBSCC does not believe that the

proposed rule change will impose any

burden on competition not necessary or

appropriate in furtherance of the

purposes of the Act.

(C) Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants or Others

No written comments have been

solicited or received. MBSCC will notify

the Commission of any written

comments received by MBSCC.
9476 Federal Register / Vol. 62, No. 41 / Monday, March 3, 1997 / Notices

4 15 U.S.C. 78s(b)(3)(A)(ii).

5 17 CFR 240.19b–4(e)(2).

6 17 CFR 200.30–3(a)(12).

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

The foregoing rule change has become

effective pursuant to Section

19(b)(3)(A)(ii) of the Act 4 and pursuant

to Rule 19b–4(e)(2) 5 promulgated

thereunder because the proposal

changes a due, fee, or other charge

imposed by MBSCC. At any time within

sixty days of the filing of such 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 in

the Commission’s Public Reference

Section, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of such

filing also will be available for

inspection and copying at the principal

office of MBSCC. All submissions

should refer to File No. SR–MBSCC–97–

01 and should be submitted by March

24, 1997.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.6

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–5081 Filed 2–28–97; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

Oberlin Capital, L.P. (License No. 04/

04–0265); Notice of Issuance of a Small

Business Investment Company

License

On January 11, 1996, an application

was filed by Oberlin Capital, L.P., at 702

Oberlin Road, Suite 150, Raleigh, North

Carolina 27605, with the Small Business

Administration (SBA) pursuant to

Section 107.300 of the Regulations

governing small business investment

companies (13 CFR 107.300 (1996)) for

a license to operate as a small business

investment company.

Notice is hereby given that, pursuant

to Section 301(c) of the Small Business

Investment Act of 1958, as amended,

after having considered the application

and all other pertinent information, SBA

issued License No. 04/04–0265 on

December 22, 1996, to Oberlin Capital,

L.P. to operate as a small business

investment company.

(Catalog of Federal Domestic Assistance

Program No. 59.011, Small Business

Investment Companies)

Dated: February 21, 1997.

Don A. Christensen,

Associate Administrator for Investment.

[FR Doc. 97–5087 Filed 2–28–97; 8:45 am]

BILLING CODE 8025–01–P

SOCIAL SECURITY ADMINISTRATION

Statement of Organization, Functions

and Delegations of Authority

This statement amends part T of the

Statement of the Organization,

Functions and Delegations of Authority

which covers the Social Security

Administration (SSA). Chapter TE

covers the Deputy Commissioner for

Communications. Notice is given that

Chapter TE is being amended to reflect

a realignment. The Office of Regional

Affairs and Special Projects (ORASP)

(TEG) is being retitled as the Office of

External Affairs (TEG) and functions

from the Office of National Affairs (TEE)

and ORASP are being merged into the

retitled organization. The Office of

Editorial Policy and Communications

(TEC) is being abolished and its

functions are being consolidated with

the Office of Communications

Technology (TEB) which is being

retitled as the Office of Communications

Policy and Technology (TEB). Notice is

given that direct line authority over the

Regional Public Affairs Officers is being

transferred from the Office of the

Deputy Commissioner, Operations (S2)

to the Office of the Deputy

Commissioner, Communications, Office

of External Affairs (TEG). Notice is

further given that the SSA Press Office

function is being transferred from the

Office of the Commissioner (SA) to the

Deputy Commissioner, Communications

(TE). The changes are as follows:

Section TE.00 The Office of the

Deputy Commissioner,

Communications—(Mission)

Amend to read as follows:

The Office of the Deputy

Commissioner, Communications

(ODCComm) is the SSA component

responsible for the conduct of the

Agency’s national public information/

public affairs (PI/PA) programs.

Performs SSA Press Office function to

ensure a unified and consistent message

to SSA’s many publics. Provides

guidance and direction from a PI/PA

standpoint to the development of

Agency policies and decisions and

assesses their potential impact on SSA’s

customers, stakeholders and employees.

Creates, develops, facilitates,

implements, oversees and evaluates all

SSA communications and PI/PA

activities, both internal and external.

Cultivates and maintains effective

working relationships with a wide range

of national organizations, advocacy

groups, other Federal agencies, State

and local governments, the White

House, and the media. Promotes full

and open participation in the

communications process between and

among SSA’s customers and

stakeholders at all levels. Coordinates

the non-English communications

activities within SSA. Additionally,

responds to high priority

correspondence and public inquiries;

maintains an evaluation program that

measures efforts to meet the

communications needs of SSA’s

customers, stakeholders and employees;

produces PI/PA material designed to

provide SSA’s various audiences with

timely information about Social

Security programs, protections, rights

and responsibilities and related issues;

utilizes state-of-the-art media, methods

and technology in product development

and dissemination and fully supports

headquarters and field employees who

are directly or indirectly involved in

SSA PI/PA activities nationwide.

Section TE.10 The Office of the

Deputy Commissioner,

Communications—(Organization)

D. The Office of Communications

Technology (TEB).

Delete:

1. The Visual Graphics and

Community Affairs Staff (TEB1).

2. The Audiovisual Media Operations

Staff (TEB2).