Federal Register / Vol. 63, No. 21 / Monday, February 2, 1998 / Proposed Rules 5315

NUCLEAR REGULATORY

COMMISSION

10 CFR Part 2

RIN 3150–AF88

Procedures Applicable to Proceedings

for the Issuance of Licenses for the

Receipt of High-Level Radioactive

Waste at a Geologic Repository

AGENCY: Nuclear Regulatory

Commission.

ACTION: Proposed rule; extension of

public comment period.

SUMMARY: On November 13, 1997 (62 FR

60789), the NRC published for public

comment a proposed rule to amend the

Rules of Practice for the licensing

proceeding on the disposal of high-level

radioactive waste at a geologic

repository (HLW proceeding). The

comment period for this proposed rule

was scheduled to expire on January 27,

1997. In a letter dated December 31,

1997, and received by NRC on January

12, 1998, a representative of Clark

County, Nevada, requested a 30 to 60-

day extension of the comment period.

This extension is requested to allow

Clark County, Nevada, and other

affected units of local government,

whose funding for participation in the

HLW proceeding has only recently been

restored, sufficient time to review the

proposed rule and submit comments. In

response to this request, the NRC has

decided to extend the comment period

for 60 days.

DATES: The comment period has been

extended 60 days and will now expire

on March 30, 1998. Comments

submitted after this date will be

considered if it is practical to do so, but

assurance of consideration cannot be

given except for comments received on

or before this date.

ADDRESSES: Send comments by mail

addressed to the Secretary, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555–0001. Attention: Rulemakings

and Adjudications Staff.

Hand-deliver comments to: 11555

Rockville Pike, Rockville, Maryland,

between 7:30 am and 4:15 pm on

Federal workdays.

You may also provide comments via

the NRC’s interactive rulemaking web

site through the NRC home page (http:/

/www.nrc.gov). This site provides the

availability to upload comments as files

(any format), if your web browser

supports that function. For information

about the interactive rulemaking site,

contact Ms. Carol Gallagher, (301) 415–

5905; e-mail CAG@nrc.gov.

Documents related to this rulemaking,

including comments received, may be

examined at the NRC Public Document

Room, 2120 L Street NW. (Lower Level),

Washington, DC. These same documents

also may be viewed and downloaded

electronically via the interactive

rulemaking website established by NRC

for this rulemaking.

FOR FURTHER INFORMATION CONTACT:

Kathryn L. Winsberg, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555, telephone (301) 415–1641, email KLW@nrc.gov.

Dated at Rockville, Maryland, this 27th day

of January, 1998.

For the Nuclear Regulatory Commission.

Annette Vietti-Cook,

Acting Secretary of the Commission.

[FR Doc. 98–2445 Filed 1–30–98; 8:45 am]

BILLING CODE 7590–01–P

FEDERAL HOUSING FINANCE BOARD

12 CFR Part 937

[No. 98–02]

Financial Disclosure by Federal Home

Loan Banks

AGENCY: Federal Housing Finance

Board.

ACTION: Proposed rule.

SUMMARY: The Federal Housing Finance

Board (Finance Board) is proposing to

amend its regulations to add a

requirement that the Federal Home Loan

Banks (Banks) provide annual audited

financial statements, and quarterly

unaudited financial statements, to their

members, both in conformance with the

requirements promulgated by the

Securities and Exchange Commission

(SEC). This amendment is intended to

codify current prevailing practice at the

Banks, and to establish uniform

financial disclosure requirements and

standards for the Banks.

DATES: Written comments must be

received in writing on or before March

19, 1998.

ADDRESSES: Comments should be

mailed to: Elaine L. Baker, Secretary to

the Finance Board, Federal Housing

Finance Board, 1777 F Street, NW.,

Washington DC 20006. Comments will

be available for public inspection at this

address.

FOR FURTHER INFORMATION CONTACT:

Joseph A. McKenzie, Director, Financial

Analysis and Reporting Division, Office

of Policy, 202/408–2845, or Deborah F.

Silberman, Acting General Counsel,

Office of General Counsel, 202/408–

2570, Federal Housing Finance Board,

1777 F Street, NW., Washington DC

20006.

SUPPLEMENTARY INFORMATION:

I. Background

The Federal Home Loan Bank Act

(Bank Act), 12 U.S.C. 1421 et seq.,

authorizes the Finance Board to issue

consolidated Bank obligations that are

the joint and several obligations of the

Banks in order to provide funds for the

Banks, 12 U.S.C. 1431(b), (c). The Bank

Act further authorizes the individual

Banks to issue debt securities subject to

rules and regulations adopted by the

Finance Board, 12 U.S.C. 1431(a). The

Finance Board has never adopted

regulations concerning the issuance of

debt securities by the individual Banks,

and the Banks have never issued debt

securities pursuant to this authority.

However, the Banks are corporate

entities with both mandatory and

voluntary stockholders. Federal savings

associations automatically become

members of the FHLBank in the district

in which the Federal savings

association’s principal office are

located. See 12 U.S.C. 1464(f). Other

eligible financial institutions may apply

for and be granted membership in a

Bank if they meet the statutory and

regulatory membership eligibility

criteria set forth in the Bank Act, see 12

U.S.C. 1424 and other regulatory

requirements, see 12 CFR part 933. As

a condition of membership, all members

are required to maintain a minimum

stockholding in their respective Banks.

See 12 U.S.C. 1426. The aggregate

stockholder investments in the Banks

range from $700 million in the Bank of

Topeka, to more than $3 billion in the

Bank of San Francisco.

Pursuant to section 3(a)(2) of the

Securities Act of 1933, 15 U.S.C.

77c(a)(2)), (Securities Act), securities

issued by both the Finance Board and

the Banks are exempt from the

registration requirements of the

Securities Act. Section 3(a)(2) exempts

from registration and other requirements

of the Securities Act, inter alia,

securities issued or guaranteed by ‘‘any

person controlled or supervised by and

acting as an instrumentality of the

Government of the United States

pursuant to authority granted by the

Congress of the United States.’’ 15

U.S.C. 77c(a)(2).

Classes of securities issued by the

Finance Board and the Banks similarly

are exempt from the registration and

reporting requirements of the Securities

Exchange Act of 1934 (15 U.S.C. 78a et

seq.) (Exchange Act) pursuant to section

3(a)(42) of the Exchange Act (15 U.S.C.

78c(a)(42)). Section 3(a)(42)(B)

designates as securities exempt from

registration and reporting under the

Exchange Act, ‘‘government securities,’’
5316 Federal Register / Vol. 63, No. 21 / Monday, February 2, 1998 / Proposed Rules

including ‘‘securities which are issued

or guaranteed by corporations in which

the United States has a direct or indirect

interest and which are designated by the

Secretary of the Treasury for exemption

as necessary or appropriate in the public

interest or for the protection of

investors.’’ Id., section 78c(a)(42)(B).

The applicable exemptions under

both the Securities Act and the

Exchange Act are principally grounded

in a presumption that the securities

activities of institutions acting as

government entities, as designated

under the federal securities laws, will be

conducted in the public interest and for

the protection of investors.

While securities issued by both the

Finance Board and the Banks are

exempt from the registration and

reporting requirements of both the

Securities Act and the Exchange Act, it

is unclear whether the offer and sale of

such securities may be subject to certain

of the antifraud provisions of those

Acts. The SEC’s disclosure requirements

prescribe that an issuer of securities into

the capital markets make full and fair

disclosure of all information material to

an investment decision in connection

with the offer, sale, and other market

transactions in those securities.

Generally, a securities issuer’s

compliance with SEC disclosure

regulations will reduce risk of and

liability for potential fraud. For a Bank,

a material violation of the antifraud

provisions of the federal securities laws

would constitute an unsafe and

unsound practice. In addition, the safety

and soundness of the Bank system is

dependent upon maintaining the

system’s capital base and upon the

system’s access to the capital markets.

Indeed, one of the duties of the Finance

Board specified in the Bank Act is that

it ensure that the Banks remain

adequately capitalized and able to raise

funds in the capital markets. See 12

U.S.C. 1422a(a)(3)(B)(iii).

All of the Banks provide annual

reports, which include audited financial

statements prepared in accordance with

generally accepted accounting

principles (GAAP), to their members.

Some, but not all of the Banks issue

quarterly financial reports, and the form

and content of these quarterly reports

varies widely. However, the Finance

Board has never addressed the scope

and content of the financial reports

issued by individual Banks to their

members. Because the Finance Board

has supervisory and examination

authority over the Banks, it is the

Finance Board’s responsibility to

regulate the securities activities of those

institutions when it finds such

regulation to be necessary or

appropriate for the protection of

investors and the Bank system.

The Finance Board also wishes to

address recent congressional actions in

connection with the issuance of Bank

System debt. Several months ago, the

Subcommittee on Finance and

Hazardous Materials of the House

Commerce Committee approved an

amendment to H.R.10, the Financial

Services Act of 1997 that would have

subjected both the Finance Board and

Banks to the registration and reporting

requirements of the 1933 and 1934 Acts.

All FHLBank provisions were ultimately

deleted from the version of H.R.10 that

the Commerce Committee reported.

Because the disclosure provided by

the Bank System already generally

complies with the applicable

disclosures that the SEC requires, the

Finance Board believes that SEC

registration would add an unnecessary

additional layer of regulatory scrutiny

that would raise the System’s cost of

funds. As discussed above, the proposed

rule largely would codify existing

practice. The comment period will

allow the Congress and other interested

parties to comment on the scope of the

existing and proposed new disclosures

and to indicate to the Finance Board any

other disclosures that would be

appropriate.

In order to fulfill its duties and

achieve the above goals, the Finance

Board has adopted, simultaneously with

this proposal, a policy statement

embodying the current practice of

preparing the consolidated reports

issued for the Bank system by the

Finance Board in connection with the

issuance of consolidated debt securities

pursuant to section 11(c) of the Bank

Act, 12 U.S.C. 1431(c), in accordance

with the disclosure requirements

promulgated by the SEC. See Proposed

Policy Statement, Finance Board Res.

No. 98–01, January 21, 1998. The

Finance Board also is proposing this

regulation to ensure that Bank

stockholders receive timely, accurate

and uniform financial information about

their respective Banks. The regulation

would codify prevailing practice at the

Banks, which voluntarily prepare their

reports generally in accordance with

SEC standards, by requiring each Bank

to file with the Finance Board and

distribute to its members an annual

report containing financial statements

prepared in accordance with the

requirements of the SEC’s financial

statement Regulation S–X, 17 CFR part

210, as referenced in the financial

statement requirement (Item 8) of the

annual report Form 10–K promulgated

by the SEC, 17 CFR 249.310.

The proposed rule also would require

each Bank to file with the Finance

Board and distribute to its members a

quarterly report containing unaudited

financial statements prepared in

accordance with the financial statement

requirement (Item 1) of the quarterly

report Form 10–Q promulgated by the

SEC, 17 CFR 249.310, and the

requirements of rule 10–01 of the SEC’s

financial statement Regulation S–X, 17

CFR 210.10–01.

Nothing in the proposed rule is

intended to subject the FHLBanks to the

jurisdiction of any other agency, nor to

confer any private right of action on any

member or on any investor in FHLBank

system securities.

II. Analysis of the Proposed Rule

A. Definitions

Proposed section 937.1 sets forth

definitions to be used in the part. The

definitions of ‘‘Bank,’’ ‘‘Finance Board,’’

and ‘‘Member’’ are consistent with the

definitions of those terms as used

throughout the Finance Board’s

regulations. Definitions of ‘‘SEC,’’

‘‘Form 10–K,’’ ‘‘Form 10–Q,’’ and

‘‘Regulation S–X’’ refer to and are

consistent with regulations promulgated

by the SEC under the Securities Act and

the Exchange Act.

Issuers having a class of securities

registered with the SEC under the

Exchange Act (Registrant) are required

to file with the SEC and provide to their

shareholders an annual report on Form

10–K, 17 CFR 249.310. The Form 10–K

generally requires detailed disclosure of

15 items, including information about

the business, structure and operations of

the Registrant, about ownership in and

issuance of the Registrant’s securities,

about the officers and directors of the

Registrant, and presentation of audited

financial statements prepared in

accordance with GAAP.

Registrants also are required to file

with the SEC and distribute to

shareholders a quarterly report on Form

10–Q, 17 CFR 249.308a. The 9 item

requirements of the Form 10–Q focus

primarily on abbreviated, unaudited

interim financial information.

The SEC employs a regulatory scheme

of uniform disclosure called ‘‘integrated

disclosure.’’ Under this scheme, all of

the SEC’s accounting and financial

disclosure requirements for forms

required to be filed under both the

Securities Act and the Exchange Act are

centralized in Regulation S–X, 17 CFR

part 210. Regulation S–X outlines

comprehensive financial statement

disclosure requirements, both of general

applicability and of specific

requirements tailored to the myriad
Federal Register / Vol. 63, No. 21 / Monday, February 2, 1998 / Proposed Rules 5317

variety of SEC registrants. The

regulation also prescribes standards for

the qualifications and independence of

accountants and for the content of

accountant’s reports. The regulation

addresses such topics as preparation of

financial statements in accordance with

GAAP; principles of consolidation of

financial statements, the form and line

item content of consolidated balance

sheets, consolidated statements of

income and cash flows, age of financial

statements, footnotes to the financial

statements, and specific requirements

for financial statements for financial

institution holding companies, among

other industries.

B. Financial Statement Requirement

Section 937.2 of the proposed rule

imposes a requirement that the Banks

file with the Finance Board for review,

and distribute to their shareholders,

annual and quarterly financial

statements as provided further in the

regulation. As discussed above, all of

the Banks currently provide annual

financial statements to their

shareholders. However, not all of the

Banks currently issue quarterly financial

statements. Section 937.2 also states that

the fact that annual or quarterly

financial statements have been filed

with the Finance Board shall not be

deemed a finding by the Finance Board

about the accuracy or adequacy of those

financial statements.

The proposed rule would require

filing and distribution only of financial

statements. Comments are solicited on

whether the Banks should be required to

disclose other information in their

annual and quarterly reports similar to

that required by SEC Registrants, such

as information regarding stockholdings

by members, composition of the board,

compensation, related transactions, etc.

The Finance Board also solicits

specific comment on whether this

requirement would provide information

of utility to the Banks’ shareholders and

on whether the provision of this

information would impose an undue

burden on the Banks.

C. Annual Financial Statements

Section 937.3 of the proposed rule

requires that a Bank’s annual financial

statements shall conform as to form and

content to the requirements of

Regulation S–X as referenced in Item 8

of Form 10–K. Item 8 of Form 10–K

requires that financial statements

meeting the requirements of Regulation

S–X be furnished. For purposes of the

Form 10–K, Regulation S–X requires

presentation of consolidated, audited

balance sheets as of the end of each of

the two most recent fiscal years and

audited statements of income and cash

flows for each of the three fiscal years

preceding the date of the most recent

audited balance sheet being filed, along

with all related required footnote

disclosure.

Item 8 of Form 10–K also requires that

the disclosure required by Item 302 of

the SEC’s Regulation S–K, 17 CFR

229.302. Item 302 of Regulation S–K

requires disclosure of specific

information by Registrants engaged in

oil and gas producing activities, and of

selected quarterly financial information

by Registrants meeting a number of

criteria related to publicly held shares

quoted on the National Association of

Securities Dealers’ Automated

Quotation system. Because item 302 is

entirely inapplicable to the Banks,

disclosure of this information is not

being required in the proposed rule.

Proposed § 937.3 also requires that the

Banks’ annual financial statements shall

be filed with the Finance Board and

distributed to each member of the Bank

within 90 days after the end of the fiscal

year covered by the financial

statements. This timing requirement is

identical to the requirements of the SEC

in the Form 10–K. The Finance Board

solicits comments as to the utility of

imposing a time period for the filing and

issuance of the annual financial

statements, and on whether the time

period prescribed would impose an

undue burden on the Banks.

Finally, proposed § 937.3 provides

that a Bank shall indicate in a

transmittal letter accompanying the

annual financial statements whether the

financial statements reflect a change

from the preceding year in any

accounting principles or practices, or in

the method of applying any such

principles or practices, and that, except

where information is required by the

requirements of Regulation S–X to be

given for the fiscal year or as of

specified date, it shall be given as of the

latest practicable date. These

requirements are drawn from the

instructions to the Form 10–K and are

consistent with SEC practice.

D. Quarterly Financial Statements

Proposed § 937.4 requires a Bank’s

quarterly financial statements to

conform as to form and content to the

requirements of Item 1 of Form 10–Q

and to the requirements of rule 10–01 of

Regulation S–X. Rule 10–01 requires

disclosure of interim unaudited

financial statements for the quarter

covered, including interim balance

sheets (i.e., an interim balance sheet as

of the end of the most recent fiscal

quarter and a balance sheet as of the end

of the preceding fiscal year; an interim

balance sheet as of the end of the

corresponding fiscal quarter of the

preceding fiscal year may, but need not,

be provided); interim statements of

income (i.e., for the period between the

end of the preceding fiscal year and the

end of the most recent fiscal quarter,

and for the corresponding periods of the

preceding fiscal year); abbreviated

interim statement of changes in

financial position (i.e., for the period

between the end of the preceding fiscal

year and the end of the most recent

fiscal quarter, and for the corresponding

period of the preceding fiscal year); and

any footnotes desired. This interim

financial information need not be

reviewed by an independent public

accountant prior to filing.

Again, given that not all of the Banks

currently provide quarterly financial

statements to their members, and that

even those that do provide such

information may not do so in the form

required by the proposed rule, the

Finance Board solicits comment on

whether this requirement would

provide information of utility to the

Banks’ shareholders and on whether the

provision of this information would

impose an undue burden on the Banks.

Proposed § 937.4 also provides that

the Bank’s quarterly financial

statements shall be filed with the

Finance Board and distributed to each

member of a Bank within 45 days after

the end of the fiscal quarter covered by

the financial statements, and that no

financial statements need be filed or

distributed for the fourth quarter of any

fiscal year. These provisions are drawn

from the instructions to the Form 10–Q

and are consistent with SEC practice.

The Finance Board solicits comments as

to the utility of imposing a time period

for the filing and issuance of the

quarterly financial statements, and on

whether the time period prescribed

would impose an undue burden on the

Banks.

III. Regulatory Flexibility Act

The proposed rule would apply only

to the Banks, which do not come within

the meaning of ‘‘small entities,’’ as

defined in the Regulatory Flexibility Act

(RFA). See 5 U.S.C. 601(6). Therefore, in

accordance with section 605(b) of the

RFA, see id. section 605(b), the Finance

Board hereby certifies that the proposed

rule would not have a significant

economic impact on a substantial

number of small entities.

IV. Paperwork Reduction Act

This proposed rule does not contain

any collections of information pursuant

to the Paperwork Reduction Act of 1995.

See 44 U.S.C. 3501 et seq. Consequently,
5318 Federal Register / Vol. 63, No. 21 / Monday, February 2, 1998 / Proposed Rules

the Finance Board has not submitted

any information to the Office of

Management and Budget for review.

List of Subjects in 12 CFR Part 937

Federal home loan banks, Reporting

and recordkeeping requirements.

Accordingly, the Federal Housing

Finance Board hereby proposes to

amend title 12, chapter IX, of the Code

of Federal Regulations, by adding a new

part 937, to read as follows:

PART 937—FINANCIAL STATEMENTS

OF THE BANKS

Sec.

937.1 Definitions.

937.2 Financial statement requirement.

937.3 Annual financial statements.

937.4 Quarterly financial statements.

Authority: 12 U.S.C.1422a, 1422b, 1426,

1431, and 1440.

§ 937.1 Definitions.

As used in this part:

Bank means a Federal Home Loan

Bank established under the authority of

the Federal Home Loan Bank Act, as

amended (12 U.S.C. 1421 et seq.).

Finance Board means the agency

established as the Federal Housing

Finance Board.

Form 10–K means the Annual Report

on Form 10–K (17 CFR 249.310)

promulgated by the SEC pursuant to the

provisions of the Securities Exchange

Act of 1934 (15 U.S.C. 78a et seq.).

Form 10–Q means the Quarterly

Report on Form 10–Q (17 CFR 249.308a)

promulgated by the SEC pursuant to the

provisions of the Securities Exchange

Act of 1934 (15 U.S.C. 78a et seq.).

Member means an institution that has

been approved for membership in a

Bank and has purchased capital stock in

the Bank in accordance with §§ 933.20

and 933.24 of this chapter.

Regulation S–X means the accounting

rules promulgated by the SEC (17 CFR

part 210).

SEC means the agency established as

the Securities and Exchange

Commission.

§ 937.2 Financial statement requirement.

(a) Each Bank shall prepare, file with

the Finance Board for review and

distribute to its members annual and

quarterly financial statements as

provided in this part.

(b) The fact that annual or quarterly

financial statements have been filed

with the Finance Board shall not be

deemed a finding that the Finance

Board has passed upon the accuracy or

adequacy of those financial statements.

§ 937.3 Annual financial statements.

(a) A Bank’s annual financial

statements shall conform as to form and

content to the requirements of

Regulation S–X as referenced in Item 8

of Form 10–K.

(b) Annual financial statements shall

be distributed to each member of a Bank

within 90 days after the end of the fiscal

year covered by the financial

statements.

(c) At the time the Bank’s annual

financial statements are distributed to

the Bank’s members, but no later than

90 days after the end of the fiscal year

covered by the financial statements, five

copies of the annual financial

statements shall be filed with Elaine L.

Baker, Secretary to the Finance Board,

Federal Housing Finance Board, 1777 F

Street, NW., Washington DC 20006. The

annual financial statements will be

available for public inspection at this

address.

(d) The Bank shall indicate in a

transmittal letter accompanying the

annual financial statements whether the

financial statements reflect a change

from the preceding year in any

accounting principles or practices, or in

the method of applying any such

principles or practices.

(e) Except where information is

required by the requirements of Item 8

of Form 10–K or of Regulation S–X to

be given for the fiscal year or as of

specified date, it shall be given as of the

latest practicable date.

§ 937.4 Quarterly financial statements.

(a) A Bank’s quarterly financial

statements shall conform as to form and

content to the requirements of Item 1 of

Form 10–Q and to the requirements of

rule 10–01 of Regulation S–X (17 CFR

210.10–01).

(b) Quarterly financial statements

shall be distributed to each member of

a Bank within 45 days after the end of

the fiscal quarter covered by the

financial statements.

(c) At the time the Bank’s quarterly

financial statements are distributed to

the Bank’s members, but no later than

45 days after the end of the fiscal

quarter covered by the financial

statements, five copies of the quarterly

financial statements shall be filed with

Elaine L. Baker, Secretary to the Finance

Board, Federal Housing Finance Board,

1777 F Street, NW., Washington DC

20006. The quarterly financial

statements will be available for public

inspection at this address.

(d) No financial statements need be

filed or distributed for the fourth quarter

of any fiscal year.

By the Board of Directors of the Federal

Housing Finance Board.

Bruce A. Morrison,

Chairperson.

[FR Doc. 98–1969 Filed 1–30–98; 8:45 am]

BILLING CODE 6725–01–U ]

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. 97–CE–144–AD]

RIN 2120–AA64

Airworthiness Directives; AERMACCI

S.p.A. S.205 Series and Models S.208

and S.208A Airplanes

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice of proposed rulemaking

(NPRM).

SUMMARY: This document proposes to

adopt a new airworthiness directive

(AD) that would apply to AERMACCI

S.p.A. S.205 series and Models S.208

and S.208A airplanes. The proposed AD

would require inspecting all flight

control cables (elevator control, aileron

control, rudder, flaps, nose gear

steering, parking brake, safety belts, and

autopilot systems) for cracks in the eye

end, and replacing any control cable

with any crack in the eye end. The

proposed AD is the result of mandatory

continuing airworthiness information

(MCAI) issued by the airworthiness

authority for Italy. The actions specified

by the proposed AD are intended to

prevent loss of critical airplane

functions because of cracked flight

control cables, which could result in

loss of control of the airplane if

occurring during flight.

DATES: Comments must be received on

or before March 9, 1998.

ADDRESSES: Submit comments in

triplicate to the Federal Aviation

Administration (FAA), Central Region,

Office of the Regional Counsel,

Attention: Rules Docket No. 97–CE–

144–AD, Room 1558, 601 E. 12th Street,

Kansas City, Missouri 64106. Comments

may be inspected at this location

between 8 a.m. and 4 p.m., Monday

through Friday, holidays excepted.

Service information that applies to the

proposed AD may be obtained from SIAI

Marchetti S.p.A., Product Support

Department, Via Indipendenza 2, 21018

Sesto Calende (VA), Italy; telephone:

+39–331–929117; facsimile: +39–331–

922525. This information also may be

examined at the Rules Docket at the

address above.