Federal Register / Vol. 63, No. 74 / Friday, April 17, 1998 / Notices 19283

6For example, an Inactive Nominee might serve

on behalf of a trader who needs to take leave for

surgery, or could serve when specialist take

vacation leave. It is anticipated that Inactive

Nominees would be used particularly following

‘‘triple-witching’’ days to assist firms in processing

the greater number of transactions during those

periods. Telephone conversation between Murray L.

Ross, Vice President and Secretary, Phlx, and Marie

D’Aguanno Ito, Special Counsel, Division of Market

Regulation, Commission, April 8, 1998.

7 15 U.S.C. 78S(b)(2).

8 17 CFR 200.30–3(a)(12).

with respect to persons designated to

serve as Inactive Nominees. An Inactive

Nominee must be a person affiliated

with a member organization who has

submitted a membership application

and has met all membership

qualification requirements, including an

examination administered by the Phlx’s

Market Surveillance Department. The

amendment to By-Law Article XII,

Section 12–10, will allow an approved

Inactive Nominee to assume the legal

title to a membership on an intra-firm

and expedited basis in the event of an

emergency due to illness or other

factors. In Amendment No. 1, the Phlx

stated that an Inactive Nominee would

serve in the ‘‘event of an emergency due

to illness or other factors,’’ and ‘‘would

allow a member organization to have a

full compliment of traders or specialists

available to conduct business on the

Exchange trading floors by transferring

legal title intra-firm to the inactive

nominee thereby making that person an

Exchange member.’’ 6

The rule change will subject a person

designated as an Inactive Nominee to

the existing membership application

process, including fees. Additionally,

the member organization with whom an

Inactive Nominee is affiliated will be

subject to a fee for the privilege of

maintaining an Inactive Nominee’s

status.

A member organization seeking to

designate an affiliated person as an

Inactive Nominee shall submit a

membership application on behalf of a

proposed Inactive Nominee, who would

go through the existing membership

application process. Upon meeting all

membership requirements and after

posting for a two-week period in the

membership Bulletin, this person will

be registered as an Inactive Nominee.

Upon notice filed with the Phlx Office

of the Secretary in writing prior to 9:00

A.M. on any business day that the

Exchange is open, an Inactive Nominee

may assume the legal title to a

membership on an intra-firm basis and

would be eligible to transact business on

the Exchange that day or for such longer

period consistent with the seat lease or

membership title and use agreement

(ABC agreement).

II. Discussion

The Commission finds that the

proposed rule change is consistent with

Section 6 of the Act in general, and in

particular, with Section 6(b)(5). Under

Exchange Act Section 6(b)(5), the rules

of an exchange must be designed,

among other things, to promote just and

equitable principles of trade and to

prevent fraudulent and manipulative

acts and practices. By creating a pool of

eligible individuals who can substitute

for traders or specialists on the trading

floor, the proposal should assist the

Exchange in facilitating the smooth

functioning of its market operations,

consistent with Exchange Act Section

6(b)(5). Such an effort to have a

prepared and available roster of

substitute traders should help to

facilitate transactions in securities and

remove impediments to, and perfect the

mechanism of, a free and open market,

also consistent with Exchange Act

Section 6(b)(5).

III. Conclusion

It is therefore ordered, pursuant to

Section 19(b)(2) of the Act,7 that the

proposed rule change (SR–PHLX–97–

45), as amended, is approved.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.8

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–10182 Filed 4–16–98; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF STATE

[Public Notice 2782]

Advisory Committee on International

Economic Policy Notice of Partially

Closed Meeting

The Advisory Committee on

International Economic Policy (ACIEP)

will meet 1:00 pm–5:00 pm on Monday,

April 20, 1998, in Room 1107, U.S.

Department of State, 2201 C Street, NW,

Washington, DC 20520. The meeting

will be hosted by Committee Chairman

Mike Gadbaw and by Assistant

Secretary of State for Economic and

Business Affairs Alan P. Larson.

The ACIEP will first meet in closed

session, which will be devoted to

organizational matters, the Asian

financial crisis, and state/local

economic sanctions. The closed

briefings involve discussions of

classified information, pursuant to

section 10(d) of the Federal Advisory

Committee Act (FACA), 5 U.S.C.

552b(c)(1), 5 U.S.C. 442b(c)(4), and 5

U.S.C. 552b(c)(9)(B). The open session

will focus on the OECD Multilateral

Agreement on Investment and the AntiBribery Convention as well as African

issues. Members of the public may

attend the open session beginning at

3:00 p.m. as seating capacity allows.

As access to the Department of State

is controlled, persons wishing to attend

the meeting should notify the ACIEP

Executive Secretary by Monday, April

13, 1998.

Each person must provide his or her

name, company or organization

affiliation, date of birth, and social

security number to the ACIEP

Secretariat at (202) 647–5968 or fax

(202) 647–5713 (Attn: Sharon Rogers). A

list will be made up for Diplomatic

Security and the Reception personnel

will direct them to Room 1107.

FOR FURTHER INFORMATION CONTACT:

Sharon Rogers, Secretariat, U.S.

Department of State, Bureau of

Economic and Business Affairs, Room

6828, Main State, Washington, DC

20520. She may be reached at telephone

number (202) 647–5968 or fax number

(202) 647–5713.

Dated: April 14, 1998.

Alan P. Larson,

Assistant Secretary for Economic and

Business Affairs.

[FR Doc. 98–10325 Filed 4–17–98; 2:16 p.m.]

BILLING CODE 4710–07–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Summary Notice No. PE–98–6]

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
19284 Federal Register / Vol. 63, No. 74 / Friday, April 17, 1998 / Notices

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 May 6, 1998.

ADDRESSES: Send comments on any

petition in triplicate to: Federal

Aviation Administration, Office of the

Chief Counsel, Attn: Rule Docket (AGC–

200), Petition Docket No. llll, 800

Independence Avenue, SW.,

Washington, D.C. 20591.

Comments may also be sent

electronically to the following internet

address: 9–NPRM–CMTS@faa.dot.gov.

The petition, any comments received,

and a copy of any final disposition are

filed in the assigned regulatory docket

and are available for examination in the

Rules Docket (AGC–200), Room 915G,

FAA Headquarters Building (FOB 10A),

800 Independence Avenue, SW.,

Washington, D.C. 20591; telephone

(202) 267–3132.

FOR FURTHER INFORMATION CONTACT:

Tawana Matthews (202) 267–9783 or

Angela Anderson (202) 267–9681 Office

of Rulemaking (ARM–1), Federal

Aviation Administration, 800

Independence Avenue, SW.,

Washington, DC 20591.

This notice is published pursuant to

paragraphs (c), (e), and (g) of § 11.27 of

Part 11 of the Federal Aviation

Regulations (14 CFR Part 11).

Issued in Washington, D.C. on April 3,

1998.

Donald P. Byrne,

Assistant Chief Counsel for Regulations.

Petitions for Exemption

Docket No.: 29146.

Petitioner: B F Goodrich Aerospace.

Sections of the FAR Affected: 14 CFR

145.45(f).

Description of Relief Sought:

To permit B F Goodrich to maintain

its repair station Inspection Procedures

manual (IPM) on a compact disc read

only memory system available for

viewing by all supervisory and

inspection personnel, rather than

provide a paper copy of the IPM to each

of these individuals.

Docket No.: 144CE.

Petitioner: Sino Swearingen Aircraft

Company.

Sections of the FAR Affected: 14 CFR

23.35, 23.29, 23.235, 23.471, 23.473,

23.477, 23.479, 23.481, 43.483, 23.485,

23.493, 23.499, 23.723, 23.725, 23.726,

23.727, 23.959, 23.1583(c)(1), (2),

Appendix C23, and Appendix D23.1.

Description of Relief Sought: To

permit Sino Swearingen Aircraft

Company to modify the SJ30–2 airplane

landing gear loads and associated

airframe loads.

Dispositions of Petitions

Docket No.: 25506.

Petitioner: Department of the Navy.

Sections of the FAR Affected: 14 CFR

91.215(c).

Description of Relief Sought/

Disposition: To permit the Navy to

provide realistic air combat training in

airspace defined in the exemption as the

‘‘Transponder-Off Area. GRANT, March

20, 1998, Exemption No. 6741.

Docket No.: 29009.

Petitioner: United Airlines, Inc.

Sections of the FAR Affected: 14 CFR

93.217(a) (5) and (6) and 93.223.

Description of Relief Sought/

Disposition: To prevent the withdrawal

of takeoff and landing slots from United

at Chicago’s O’Hare International

Airport to accommodate requests from

carriers engaged in international

operations at O’Hare. DENIAL, March

25, 1998, Exemption No. 6743.

Docket No.: 29099.

Petitioner: Embry-Riddle Aeronautical

University.

Sections of the FAR Affected: 14 CFR

61.55(b)(2); 61.56(c)(1); 61.57 (a), (b), (c),

and (d); 61.58(a) (1) and (2); and

61.195(e).

Description of Relief Sought/

Disposition: To permit ERAU, which is

developing a 14 CFR part 142

certificated training center, to use Level

D flight simulators to meet certain flight

experience and recency of experience

requirements of part 61 for its instructor

pilots before certification of the training

center. GRANT, March 25, 1998,

Exemption No. 6746.

Docket No.: 28148.

Petitioner: Capital City Air Carrier,

Inc.

Sections of the FAR Affected: 14 CFR

135.143(c).

Description of Relief Sought/

Disposition: To permit CCAC to operate

certain aircraft without a TSO–C112

(Mode S) transponder installed.

GRANT, March 30, 1998, Exemption No.

6747.

Docket No.: 17681.

Petitioner: Kenmore Air Harbor, Inc.

Sections of the FAR Affected: 14 CFR

135.203(a)(1).

Description of Relief Sought/

Disposition: To permit Kenmore to

conduct seaplane operations under

visual flight rules, outside controlled

airspace, overwater, at an altitude below

500 feet. GRANT, March 30, 1998,

Exemption No. 2528J.

Docket No.: 26103.

Petitioner: Northwest Seaplanes, Inc.

Sections of the FAR Affected: 14 CFR

135.203(a)(1).

Description of Relief Sought/

Disposition: To permit Northwest

Seaplanes to conduct part 135

operations outside of controlled

airspace, over water, at an altitude

below 500 feet above the surface.

GRANT, March 30, 1998, Exemption No.

6461A.

Docket No.: 27712.

Petitioner: American Airlines.

Sections of the FAR Affected: 14 CFR

121.401(c), 121.433(c)(1)(iii), 121.440(a),

and 121.441 (a)(1) and (b)(1); appendix

F to part 121; and Special Federal

Aviation Regulations No. 58.

Description of Relief Sought/

Disposition: To permit American to (1)

combine recurrent flight and ground

training and proficiency checks for

American’s pilots in command, seconds

in command, and flight engineers in a

single annual training and proficiency

evaluation program (i.e., a single-visit

training program), and (2) meet the linecheck requirements of § 121.440(a) and

SFAR No. 58 through an alternative

line-check program. GRANT, March 30,

1998, Exemption No. 5950B.

Docket No.: 28137.

Petitioner: Kansas Highway Patrol.

Sections of the FAR Affected: 14 CFR

91.159(a) and 91.209 (a) and (d).

Description of Relief Sought/

Disposition: To permit Kansas Highway

Patrol to conduct air operations in

support of drug law enforcement and

drug traffic interdiction. GRANT, March

27, 1998, Exemption No. 6137A.

Docket No.: 5010.

Petitioner: Federal Aviation

Administration, Office of System

Standards.

Sections of the FAR Affected: 14 CFR

91.119 (b) and (c), 91.159, 91.175 (a) and

(b), and 91.179(b).

Description of Relief Sought/

Disposition: To permit the FAA AVN

and the USAF FIC to deviate from

certain flight rules required by subpart

B of 14 CFR part 91 while conducting

flight inspections of air navigation

facilities and instrument approach

procedures. GRANT, March 31, 1998,

Exemption No. 5118C.

Docket No.: 28176.

Petitioner: Raytheon Aircraft Services.

Sections of the FAR Affected: 14 CFR

135.143(c)(2).

Description of Relief Sought/

Disposition: To permit Raytheon

Aircraft Services to operate without a

TSO–C112 transponder installed in its

aircraft operating under the provisions

of part 135. GRANT, March 30, 1998,

Exemption No. 6120A.

Docket No.: 142CE.
Federal Register / Vol. 63, No. 74 / Friday, April 17, 1998 / Notices 19285

1A copy of this list may be obtained by

contacting Ms. Lorie Nierenberg, Assistant General

Counsel, at 202/619–6084, and the address is Room

700, U.S. Information Agency, 301 Fourth Street,

S.W., Washington, D.C. 20547–0001.

Petitioner: Sino Swearingen Aircraft

Company.

Sections of the FAR Affected: 14 CFR

23.3(d).

Description of Relief Sought/

Disposition: To permit type certification

of the Sino Swearingen SJ30–2 airplane

in the commuter category. GRANT,

March 23, 1998, Exemption No. 6742.

Docket No.: 28400.

Petitioner: Skydive, Inc.

Sections of the FAR Affected:

105.43(a)(1).

Description of Relief Sought/

Disposition: To allow Skydive to permit

individuals who have completed a

course of instruction in main parachute

packing administered by an FAAcertificated parachute rigger to pack

main parachutes for others to make

parachute jumps. DENIAL, March 27,

1998, Exemption No. 6748.

[FR Doc. 98–10171 Filed 4–16–98; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF THE TREASURY

Customs Service

[T.D. 98–33]

Revocation of Customs Broker License

AGENCY: U.S. Customs Service,

Department of the Treasury.

ACTION: Broker license revocation.

Notice is hereby given that the

Commissioner of Customs, pursuant to

Section 641, Tariff Act of 1930, as

amended, (19 U.S.C. 1641), and Parts

111.52 and 111.74 of the Customs

Regulations, as amended (19 CFR 111.52

and 111.74), is canceling the following

Customs broker licenses without

prejudice.

Port Individual License

No.

New York .. Agapito Caminade 13051

New York .. Robert J. Core ...... 05879

Miami ........ SWI Customs Brokers Inc.14403

Seattle ...... Douglas Byron

Bostrum.

05304

Seattle ...... Dennis C. Garrett 06450

New Orleans.Associated Int’l

Consultant.

13436

Dated: April 10, 1998.

Philip Metzger,

Director, Trade Compliance.

[FR Doc. 98–10186 Filed 4–16–98; 8:45 am]

BILLING CODE 4820–02–P

UNITED STATES INFORMATION

AGENCY

Culturally Significant Objects Imported

for Exhibition

Determinations

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 (43 F.R. 13359, March 29,

1978), and Delegation Order No. 85–5 of

June 27, 1985 (50 F.R. 27393, July 2,

1985), I hereby determine that the

objects to be included in the exhibit

‘‘The Buddha’s Art of Healing, Tibetan

Medical Paintings from Buryatia’’ (see

list 1), imported from abroad for the

temporary exhibition without profit

within the United States, are of cultural

significance. These objects are imported

pursuant to a loan agreement with the

foreign lender. I also determine that the

exhibition or display of the listed

exhibit objects at the Michael C. Carlos

Museum, Emory University, Atlanta,

Georgia, from on or about May 8, 1998

to on or about July 12, 1998, the Arthur

M. Sackler Gallery, Smithsonian

Institution, Washington, D.C., from on

or about August 7, 1998 to on or about

December 28, 1998, the Indiana

University Art Museum, Bloomington,

Indiana, from on or about April 1, 1999

to on or about June 30, 1999, The Aspen

Art Museum, Aspen, Colorado, from on

or about July 17, 1999 to on or about

September 19, 1999, and The Newark

Museum, Newark, New Jersey, from on

or about October 1, 1999 to on or about

December 28, 1999, is in the national

interest. Public Notice of these

determinations is ordered to be

published in the Federal Register.

Dated: April 15, 1998.

Les Jin,

General Counsel.

[FR Doc. 98–10426 Filed 4–16–98; 8:45 am]

BILLING CODE 8230–01–M