13730 Federal Register / Vol. 62, No. 55 / Friday, March 21, 1997 / Notices

7 15 U.S.C. 78q–1.

8 15 U.S.C. 78s(b)(3)(A)(iii).

9 17 CFR 240.19b–4(e)(6). 10 17 CFR 200.30–3(a)(12).

and deliver orders for each contraparticipant; and (3) matched reclaims of

payment orders with a value less than

$1 million will not be subject to risk

management controls.

DTC does not anticipate that these

modifications will cause significantly

greater transaction volume.

Approximately 98.5% of payment

orders processed by DTC are valued at

an amount less than $1 million.

Furthermore, DTC estimates that

approximately 600–800 payment orders

of the 50,000 payment orders processed

by DTC on a daily basis could

potentially be subject to the proposed

RAD approval procedures.

DTC believes that the proposed rule

change is consistent with Section 17A of

the Act 7 and the rules and regulations

thereunder because it will provide for

the equitable allocation of dues, fees,

and other charges among participants.

(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 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

On December 13, 1996, DTC sent its

participants an Important Notice

describing the proposed rule change.

The proposed rule change has been

discussed with a limited number of

participants. None of the participants

with whom DTC discussed the proposed

rule change expressed any opposition to

its adoption. 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)(iii) 8 of the Act and pursuant

to Rule 19b–4(e)(6) 9 promulgated

thereunder because the proposed rule is

effecting a change that: (1) does not

significantly affect the protection of

investors or the public interest; (2) does

not impose any significant burden on

competition; (3) does not become

operative for thirty days from the date

of its filing on February 4, 1997, or such

shorter time as the Commission may

designate if consistent with the

protection of investors and the public

interest; and (4) was provided to the

Commission for its review at least five

days prior to the filing date. At any time

within sixty days of the filing of the

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, NW.,

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

Room, 450 Fifth Street, NW.,

Washington, D.C. 20549. Copies of such

filing will also be available for

inspection and copying at the principal

office of DTC. All submissions should

refer to File No. SR–DTC–97–03 and

should be submitted by April 11, 1997.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.10

Jonathan G. Katz,

Secretary.

[FR Doc. 97–7193 Filed 3–20–97; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Office of the Secretary

Privacy Act of 1974: Deletion of a

System of Records Notice

AGENCY: Office of the Secretary, DOT.

ACTION: Notice to delete a system of

records notice.

SUMMARY: The Department of

Transportation is deleting the following

system from its inventory of Privacy Act

systems of records notices.

EFFECTIVE DATE: March 21, 1997.

FOR FURTHER INFORMATION CONTACT:

Crystal M. Bush, Privacy Coordinator,

U.S. Department of Transportation,

Washington, DC 20590. Telephone:

(202) 366–9713.

SUPPLEMENTARY INFORMATION: In

accordance with the Privacy Act of

1974, the Department of Transportation

conducted a review of several of its

Privacy Act systems of records and

determined the following records are no

longer kept by the Department of

Transportation.

System No. System name

DOT/OST 064 ........... Mobility Assignment

Candidate File.

Dated: March 13, 1997.

Crystal M. Bush,

Privacy Act Coordinator.

[FR Doc. 97–7194 Filed 3–20–97; 8:45 am]

BILLING CODE 4910–62–P

Federal Aviation Administration

[Summary Notice No. PE–97–17]

Petitions for Exemption; Summary of

Petitions Received; Dispositions of

Petitions Issued

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of petitions for

exemption received and of dispositions

of prior petitions.

SUMMARY: Pursuant to FAA’s rulemaking

provisions governing the application,

processing, and disposition of petitions

for exemption (14 CFR Part 11), this

notice contains a summary of certain

petitions seeking relief from specified

requirements of the Federal Aviation

Regulations (14 CFR Chapter I),

dispositions of certain petitions

previously received, and corrections.

The purpose of this notice is to improve

the public’s awareness of, and

participation in, this aspect of FAA’s

regulatory activities. Neither publication

of this notice nor the inclusion or

omission of information in the summary

is intended to affect the legal status of

any petition or its final disposition.

DATES: Comments on petitions received

must identify the petition docket

number involved and must be received

on or before April 10, 1997.

ADDRESSES: Send comments on any

petition in triplicate to: Federal

Aviation Administration, Office of the

Chief Counsel, Attn: Rule Docket (AGC–