Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Notices 24417

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

2 17 CFR 240.19b–4.

3See Securities Exchange Act Release No. 44101

(March 26, 2001), 66 FR 18126 (April 5, 2001).

4 In approving this proposal, the Commission has

considered the proposed rule’s impact on

efficiency, competition, and capital formation. 15

U.S.C. 78(c)(f).

5 15 U.S.C. 78f(b)(5).

6 15 U.S.C. 78s(b)(2).

7 17 CFR 200.30–3(a)(12).

the type of insurance coverage and

benefits provided by the Contract, will

remain the same.

Conclusion

Applicants assert that, for the reasons

summarized above, the terms of the

proposed substitution meet the

standards set forth in section 26(b) of

the 1940 Act.

For the Commission, by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 01–12024 Filed 5–11–01; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–44269; File No. SR–BSE–

00–22]

Self-Regulatory Organizations; Order

Granting Approval of Proposed Rule

Change by the Boston Stock

Exchange, Inc. Relating to Minimum

Equity Requirements for DerivativeBased Products

May 7, 2001.

On January 3, 2001, the Boston Stock

Exchange, Inc. (‘‘Exchange’’) filed with

the Securities and Exchange

Commission (‘‘Commission’’), pursuant

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

Exchange Act of 1934 (‘‘Act’’) 1 and Rule

19b-4 thereunder,2 a proposed rule

change relating to minimum equity

requirements for derivative-based

products.

The proposal amends the Rules of the

Board of Governors of the Exchange to

reduce from $1,000,000 to $200,000 the

minimum equity requirement for firms

trading Portfolio Depositary Receipts

(‘‘PDRs’’), if the firm arranges to clear its

trades through another forum and

obtains Exchange approval to do so.

Notice of the proposed rule change

was published for comment in the

Federal Register on April 5, 2001.3 No

comments were received on the

proposed rule change.

The Commission finds that the

proposed rule change is consistent with

the requirements of the Act and the

rules and regulations thereunder

applicable to a national securities

exchange.4 In particular, the

Commission believes that the proposal

is consistent with Section 6(b)(5) of the

Act,5 which requires, among other

things, that the rules of an exchange be

designed to promote just and equitable

principles of trade, to remove

impediments to and perfect the

mechanism of a free and open market,

and to protect investors and the public

interest. The proposed rule change

would reduce capital requirements for

firms trading PDRs pursuant to clearing

arrangements approved by the

Exchange, while ensuring maintenance

of adequate capital.

It is therefore ordered, pursuant to

Section 19(b)(2) of the Act,6 that the

proposed rule change (File No. SR–

BSE–00–12) be, and it hereby is,

approved.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.7

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 01–11988 Filed 5–11–01; 8:45 am]

BILLING CODE 8010–01–M

SOCIAL SECURITY ADMINISTRATION

Statement of Organization, Functions

and Delegations of Authority;

Correction

AGENCY: Social Security Administration.

ACTION: Notice; correction.

SUMMARY: The Social Security

Administration published a document

in the Federal Register of April 24,

2001, regarding the Statement of

Organization, Functions and

Delegations of Authority. The document

contained an incorrect title for the

Division of Information Technology

Integration in the Office of Management

in the Office of Hearings and Appeals

(OHA).

Corrections

In the Federal Register of April 24,

2001, in FR Doc. 01–10081, on page

20703, in the first column, H. 5. Correct

the title to read:

5. The ‘‘Office Automation Support

Staff’’ as ‘‘Division of Information

Technology Integration’’ (TAHE7).

In the Federal Register of April 24,

2001, in FR Doc. 01–10081, on page

20703, in the second column, under

‘‘Functions’’ item H.5. Correct the title

to read:

5. The ‘‘Office of Automation Support

Staff’’ as ‘‘Division of Information

Technology Integration’’ (TAHE7).

In the Federal Register of April 24,

2001, in FR Doc. 01–10081, on page

20703, in the third column, line 12:

Remove the period between the word

‘‘needs’’ and the word ‘‘and’’.

Dated: May 4, 2001.

Lewis H. Kaiser,

Director, Center for Classification and

Organization Management.

[FR Doc. 01–11962 Filed 5–11–01; 8:45 am]

BILLING CODE 4191–02–U

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Intent to Rule on Application

(01–06–U–00–YKM) to Use the

Revenue From a Passenger Facility

Charge (PFC) at Yakima Air TerminalMcAllister Field, Submitted by the

Yakima Air Terminal Board, Yakima Air

Terminal-McAllister Field, Yakima,

Washington

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of intent to rule on

application.

SUMMARY: The FAA proposes to rule and

invites public comment on the

application to impose and use, PFC

revenue at Yakima Air TerminalMcAllister Field under the provisions of

49 U.S.C. 40117 and part 158 of the

Federal Aviation Regulations (14 CFR

part 158).

DATES: Comments must be received on

or before June 13, 2001.

ADDRESSES: Comments on this

application may be mailed or delivered

in triplicate to the FAA at the following

address: J. Wade Bryant, Manager;

Seattle Airports District Office, SEA–

ADO; Federal Aviation Administration;

1601 Lind Avenue SW., Suite 250,

Renton, Washington, 98055. In addition,

one copy of any comments submitted to

the FAA must be mailed or delivered to

Mr. Bob Clem, Airport Manager, at the

following address: 2400 West

Washington Avenue, Yakima,

Washington 98903.

Air Carriers and foreign air carriers

may submit copies of written comments

previously provided to Yakima Air

Terminal-McAllister Field, under

§ 158.23 of part 158.

FOR FURTHER INFORMATION CONTACT: Ms.

Suzanne Lee-Pang; Seattle Airports

District Office, SEA–ADO; Federal

Aviation Administration; 1601 Lind

Avenue SW., Suite 250, Renton,

24418 Federal Register / Vol. 66, No. 93 / Monday, May 14, 2001 / Notices

1FMID’s operation of the Lake Wales and Winter

Haven Lines was exempted in Florida Midland

Railroad Company-Acquisition and Operation

Exemption-Rail Lines of CSX Transportation, Inc.,

Finance Docket No. 31151 (ICC served Nov. 27,

1987).

1 GTW states in its February 21, 2001 Reply to

CSX’s Petition for Waiver that it owns Track 239

and contends that CNR is not a proper party to this

proceeding. That contention would properly be the

subject of a motion to dismiss accompanied by

supporting evidence.

Washington, 98055. The application

may be reviewed in person at this same

location.

SUPPLEMENTARY INFORMATION: The FAA

proposes to rule and invites public

comment on the application 01–06–U–

00–YKM to impose and use PFC

revenue at Yakima Air TerminalMcAllister Field, under the provisions

of 49 U.S.C. 40117 and part 158 of the

Federal Aviation Regulations (14 CFR

part 158).

On April 30, 2001, the FAA

determined that the application to

impose and use, the revenue from a PFC

submitted by Yakima Air Terminal

Board, Yakima, Washington, was

substantially complete within the

requirements of § 158.25 of part 158.

The FAA will approve or disapprove the

application, in whole or in part, no later

than August 3, 2001.

The following is a brief overview of

the application.

Level of the proposed PFC: $3.00.

Proposed charge effective date: June

1, 2000.

Proposed charge expiration date:

February 1, 2002.

Total requested for use approval:

$182,313.

Brief description of proposed project:

Construct West Perimeter Road.

Class or classes of air carriers, which

the public agency has requested not be

required to collect PFC’s: Air taxi/

commercial operators filing FAA Form

1800–31.

Any person may inspect the

application in person at the FAA office

listed above under FOR FURTHER

INFORMATION CONTACT and at the FAA

Regional Airports Office located at:

Federal Aviation Administration,

Northwest Mountain Region, Airports

Division, ANM–600, 1601 Lind Avenue

SW., Suite 540, Renton, WA 98055–

4056.

In addition, any person may, upon

request, inspect the application, notice

and other documents germane to the

application in person at the Yakima Air

Terminal-McAllister Field.

Issued in Renton, Washington on April 30,

2001.

David A. Field,

Manager, Planning, Programming and

Capacity Branch, Northwest Mountain

Region.

[FR Doc. 01–11471 Filed 5–11–01; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34031]

Florida Midland Railroad Company—

Acquisition and Operation

Exemption—CSX Transportation, Inc.

Florida Midland Railroad Company

(FMID), a Class III rail carrier, has filed

a verified notice of exemption under 49

CFR 1150.41 to acquire from CSX

Transportation, Inc. (CSXT) two rail

lines described as follows: (1) The Lake

Wales Line, extending (a) from milepost

SV–863.28, in West Lake Wales, FL, to

milepost SV–867.47, in Lake Wales, FL,

and (b) from milepost AVC–843.30, in

Lake Wales, to milepost AVC–857.50, in

Frostproof, FL, a distance of

approximately 18.39 miles; and (2) the

Winter Haven Line, extending from

milepost AW–842.0, in Winter Haven,

FL, to milepost AW–848.0, in

Gordonville, FL, a distance of

approximately 6 miles. The total

distance of the Lake Wales and Winter

Haven Lines is approximately 24.39

miles. FMID will acquire only the track

and track materials. CSXT will retain

ownership of the real property

underlying the right-of-way of the Lake

Wales and Winter Haven Lines, and

FMID will lease that underlying

property from CSXT.1

The transaction is scheduled to be

consummated shortly after May 7, 2001.

If the verified notice contains false or

misleading information, the exemption

is void ab initio. Petitions to reopen the

proceeding to revoke the exemption

under 49 U.S.C. 10502(d) may be filed

at any time. The filing of a petition to

revoke will not automatically stay the

transaction.

An original and 10 copies of all

pleadings, referring to STB Finance

Docket No. 34031, must be filed with

the Surface Transportation Board, Office

of the Secretary, Case Control Unit, 1925

K Street, NW., Washington, DC 20423–

0001. In addition, a copy of each

pleading must be served on Thomas J.

Litwiler, Esq., Fletcher & Sippel LLC,

Two Prudential Plaza, Suite 3125, 180

North Stetson Avenue, Chicago, IL

60601–6721.

Board decisions and notices are

available on our website at

www.stb.dot.gov.

Decided: May 7, 2001.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 01–12050 Filed 5–11–01; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Docket No. AB–31 (Sub No. 38)]

CSX Corporation and CSX

Transportation, Inc.—Adverse

Abandonment—Canadian National

Railway Company and Grand Trunk

Western Railroad Inc.

On April 24, 2001, CSX Corporation

and CSX Transportation, Inc.

(collectively, CSX) filed an adverse

application under 49 U.S.C. 10903

requesting that the Surface

Transportation Board (Board) authorize

the abandonment by Canadian National

Railway Company (CNR) 1 and its

wholly owned affiliate Grand Trunk

Western Railroad Incorporated (GTW),

of a portion of a rail line known as

Track No. 239 extending from milepost

26.4 to milepost 27.0 near 43rd Street

and Damen Avenue, in Chicago, Cook

County, IL, a distance of 2,952 feet. The

track is situated on property leased from

New York Central Lines, L.L.C. (NYC).

The line traverses United States Postal

Service ZIP Code 60609 and includes no

stations. In the alternative, CSX seeks an

order of adverse discontinuance against

GTW’s operations on the line.

CSX indicates that it filed the adverse

abandonment application so that it

could proceed with plans to utilize the

track to service its new 59th Street

intermodal facility. CSX asserts that

serious congestion problems near its

facility have magnified its need to

access and control the right-of-way. CSX

maintains that GTW ceased using the

line in 1996. Under its Operating

Agreement with NYC, CSX

Transportation, Inc. is the operator of

the leased property and the entity with

rights to enforce the lease, acquired as

part of CSX’s acquisition of certain

assets of Consolidated Rail Corporation

(Conrail). CSX asserts that, although it

has trackage rights over the line, GTW

has not allowed it to make necessary

changes to utilize the track, has refused

in recent years to make rent payments

due under the lease agreement, and has