Federal Register / Vol. 66, No. 99 / Tuesday, May 22, 2001 / Notices 28201

Electronics, Seoul, Republic of Korea;

Intracom, S.A., Peania, Attika, Greece;

Starnet Technologies, San Jose, CA;

Tektronix, Chelmsford, MA; Toshiba

Corporation, Tokyo, Japan; Transcend

Access Systems, Fremont, CA; Tycho

Networks, Santa Cruz, CA; VTT

Electronics, Oulu, Finland; WCI Cable,

Dover, DE; xDSL Networks, Inc.,

Towson, MD; ASC, Atlanta, GA; and

Cabletron Systems, Piscataway, NJ have

been dropped as parties to this venture.

In addition, Pulsecom, San Diego, CA

has been acquired by ECI Telecom,

Altamonte Springs, FL.

No other changes have been made in

either the membership or planned

activity of the group research project.

Membership in this group research

project remains open, and ASDL intends

to file additional written notifications

disclosing all changes in membership.

On May 15, 1995, ADSL filed its

original notification pursuant to section

6(a) of the Act. The Department of

Justice published a notice in the Federal

Register pursuant to section 6(b) of the

Act on July 25, 1995 (60 FR 38058).

The last notification was filed with

the Department on December 8, 1999. A

notice was published in the Federal

Register pursuant to section 6(b) of the

Act on November 28, 2000 (65 FR

70936).

Constance K. Robinson,

Director of Operations, Antitrust Division.

[FR Doc. 01–12857 Filed 5–21–01; 8:45 am]

BILLING CODE 4410–11–M

DEPARTMENT OF JUSTICE

Antitrust Division

Notice Pursuant to the National

Cooperative Research and Production

Act of 1993—Financial Services

Technology Consortium, Inc.

Notice is hereby given that, on March

30, 2001, pursuant to section 6(a) of the

National Cooperative Research and

Production Act of 1993, 15 U.S.C. 4301

et seq. (‘‘the Act’’), Financial Services

Technology Consortium, Inc.

(‘‘Consortium’’) has filed written

notifications simultaneously with the

Attorney General and the Federal Trade

Commission disclosing changes in its

membership status. The notifications

were filed for the purpose of extending

the Act’s provisions limiting the

recovery of antitrust plaintiffs to actual

damages under specified circumstances.

Specifically, University Bank, Ann

Arbor, MI has joined the Consortium as

a principal member. Authentor Systems,

Inc., Englewood, CA joined the

Consortium as an associate member.

National Institute of Standards &

Technology (NIST), Gaithersburg, MD

joined the Consortium as an advisory

member. Also, Department of Treasury,

Washington, DC; FundServ, Inc.,

Toronto, Ontario, Canada; IntraNet,

Newton, MA; National Center for

Manufacturing Sciences (NCMS), Ann

Arbor, MI; and NEC Corporation, Tokyo,

Japan have been dropped as parties to

this venture.

No other changes have been made in

either the membership or planned

activity of the group research project.

Membership in this group research

project remains open, and Financial

Services Technology Consortium, Inc.

intends to file additional written

notification disclosing all changes in

membership.

On October 21, 1993, Financial

Services Technology Consortium, Inc.

filed its original notification pursuant to

section 6(a) of the Act. The Department

of Justice published a notice in the

Federal Register pursuant to Section

6(b) of the Act on December 14, 1993

(58 FR 65399).

The last notification was files with the

Department on December 27, 2000. A

notice was published in the Federal

Register pursuant to Section 6(b) of the

Act on March 20, 2001 (66 FR 15758).

Constance K. Robinson,

Director of Operations, Antitrust Division.

[FR Doc. 01–12858 Filed 5–21–01; 8:45 am]

BILLING CODE 4410–11–M

DEPARTMENT OF LABOR

Office of the Secretary

Submission for OMB Review;

Comment Request

May 11, 2001.

The Department of Labor (DOL) has

submitted the following public

information collection requests (ICRs) to

the Office of Management and Budget

(OMB) for review and approval in

accordance with the Paperwork

Reduction Act of 1995 (Pub. L. 104–13,

44 U.S.C. Chapter 35). A copy of each

individual ICR, with applicable

supporting documentation, may be

obtained by calling the Department of

Labor. To obtain documentation contact

Darrin King at (202) 693–4129 or E-Mail

King-Darrin@dol.gov.

Comments should be sent to Office of

Information and Regulatory Affairs,

Attn: OMB Desk Officer for PWBA,

Office of Management and Budget,

Room 10235, Washington, DC 20503

((202) 395–7316), within 30 days from

the date of this publication in the

Federal Register.

The OMB is particularly interested in

comments which:

• Evaluate whether the proposed

collection of information is necessary

for the proper performance of the

functions of the agency, including

whether the information will have

practical utility;

• Evaluate the accuracy of the

agency’s estimate of the burden of the

proposed collection of information,

including the validity of the

methodology and assumptions used;

• Enhance the quality, utility, and

clarity of the information to be

collected; and minimize the burden of

the collection of information on those

who are to respond, including through

the use of appropriate automated,

electronic, mechanical, or other

technological collection techniques or

other forms of information technology,

e.g., permitting electronic submission of

responses.

Type of Review: Extension of a

currently approved collection.

Agency: Pension and Welfare Benefits

Administration (PWBA).

Title: Prohibited Transaction Class

Exemption 81–6.

OMB Number: 1210–0065.

Affected Public: Business or other forprofit; Not-for-profit institutions; and

Individuals or households.

Frequency: On occasion.

Number of Respondents: 42,000.

Number of Annual Responses:

126,000.

Estimated Time Per Response: 5

minutes.

Total Burden Hours: 10,500.

Total Annualized Capital/Startup

Costs: $0.

Total Annual Costs (operating/

maintaining systems or purchasing

services): $48,000.

Description: Prohibited Transaction

Class Exemption 81–6 exempts from the

prohibited transaction restrictions of

ERISA the lending of securities by plans

to banks, registered broker-dealers, and

dealers in Government Securities who

are parties in interest, except if the

borrower or an affiliate has

discretionary authority or renders

investment advice with respect to the

involved plan assets.

The class exemption contains two

information collection requirements.

First, the borrower must furnish the

lending plan fiduciary with the most

recent available audited statement of the

borrower’s financial condition and make

a representation at the time of the loan

is negotiated that there has been no

material adverse change in its financial

condition since the audited statement.

Second, the loan of the securities is

made pursuant to a written agreement,

28202 Federal Register / Vol. 66, No. 99 / Tuesday, May 22, 2001 / Notices

is intended to ensure that the terms of

the transaction are made public and are

at least as favorable to the plan as an

arms-length transaction with an

unrelated party. Individual agreements

are not required for each transaction; the

agreement may be made in the form of

a master agreement covering a series of

transactions.

Without the audited statement of the

borrower’s financial condition and a

written agreement, the Department,

which may only grant an exemption if

it can find that participants and

beneficiaries are protected, would be

unable to effectively enforce the terms

of the class exemption and ensure user

compliance.

Type of Review: Extension of a

currently approved collection.

Agency: Pension and Welfare Benefits

Administration (PWBA).

Title: Regulation relating to Loans to

Plan Participants and Beneficiaries who

are Parties in Interest with Respect to

the Plan.

OMB Number: 1210–0076.

Affected Public: Business or other forprofit; Not-for-profit institutions; and

Individuals or households.

Frequency: On occasion.

Number of Respondents: 1,310.

Number of Annual Responses: 1,310.

Estimated Time Per Response: 0.

Total Burden Hours: 0.

Total Annualized Capital/Startup

Costs: 0.

Total Annual Costs (operating/

maintaining systems or purchasing

services): $283,000.

Description: In this regulation (29 CFR

2550.408b–1) the Department sets out

the terms of ERISA section 408(b)(1)

under which loans from a plan to

participants and beneficiaries who are

parties in interest are permitted. ERISA

section 408(b)(1)(C) requires that loans

from a plan to participants and

beneficiaries be made in accordance

with ‘‘specific provisions’’ set forth in

the plan. This regulation proscribes

eight specific provisions that must be

included in the plan documents.

Because 402(a)(1) of ERISA requires that

every employee benefit be in writing,

these eight specific provisions must also

be in writing. The plan document is the

legal statement of the plan provisions

and governs all plan operations.

The disclosure requirement

incorporated within this regulation is

intended to ensure that loan programs

are operated impartially.

Type of Review: Extension of a

currently approved collection.

Agency: Pension and Welfare Benefits

Administration (PWBA).

Title: Prohibited Transaction Class

Exemption 85–68 to Permit Employee

Benefit Plans to Invest in Customer

Notes of Employers.

OMB Number: 1210–0094.

Affected Public: Business or other forprofit; Not-for-profit institutions; and

Individuals or households.

Frequency: On occasion.

Number of Respondents: 120.

Number of Annual Responses: 960.

Estimated Time Per Response: 1 hour.

Total Burden Hours: 960.

Total Annualized Capital/Startup

Costs: $0.

Total Annual Costs (operating/

maintaining systems or purchasing

services): $0.

Description: Prohibited Transaction

Class Exemption 85–68 exempts from

the prohibited transaction restrictions of

ERISA the investment by employee

benefits plan in customer notes

accepted by an employer of employees

covered by the plan in the ordinary

course of the employer’s primary

business activity.

The class exemption contains a

recordkeeping requirement. Plans are

required to maintain for six years from

the date of the transaction the records

necessary to enable interested parties,

including the Department, to determine

whether the conditions of the

exemption are being met.

Without the records, the Department,

which may only grant an exemption if

it can find that participants and

beneficiaries are protected, would be

unable to effectively enforce the terms

of the class exemption and ensure user

compliance.

Ira L. Mills,

Departmental Clearance Officer.

[FR Doc. 01–12843 Filed 5–21–01; 8:45 am]

BILLING CODE 4510–29–M

DEPARTMENT OF LABOR

Office of the Secretary

Submission for OMB Review;

Comment Request

April 26, 2001.

The Department of Labor (DOL) has

submitted the following public

information collection requests (ICRs) to

the Office of Management and Budget

(OMB) for review and approval in

accordance with the Paperwork

Reduction Act of 1995 (Pub. L. 104–13,

44 U.S.C. Chapter 35). A copy of each

individual ICR, with applicable

supporting documentation, may be

obtained by calling the Department of

Labor. To obtain documentation for

BLS, ESA, and PWBA contact Marlene

Howze ((202) 219–8904 or by email to

Howze-Marlene@dol.gov). To obtain

documentation for ETA, MSHA, OSHA,

and VETS contact Darrin King ((202)

693–4129 or by E-Mail to KingDarrin@dol.gov).

Comments should be sent to Office of

Information and Regulatory Affairs,

Attn: OMB Desk Officer for FLS, DM,

ESA, ETA, MSHA, OSHA, PWBA, or

VETS, Office of Management and

Budget, Room 10235, Washington, DC

20503 ((202) 395–7316), within 30 days

from the date of this publication in the

Federal Register.

The OBM is particularly interested in

comments which:

∑ Evaluate whether the proposed

collection of information is necessary

for the proper performance of the

functions of the agency, including

whether the information will have

practical utility;

∑ Evaluate the accuracy of the

agency’s estimate of the burden of the

proposed collection of information,

including the validity of the

methodology and assumptions used;

∑ Enhance the quality, utility, and

clarity of the information to be

collected; and minimize the burden of

the collection of information on those

who are to respond, including through

the use of appropriate automated,

electronic, mechanical, or other

technological collection techniques or

other forms of information technology,

e.g., permitting electronic submission of

responses.

Agency: Pension and Welfare Benefits

Administration.

Title: Prohibited Transaction Class

Exemption 82–63, Compensation to

fiduciaries for securities lending

services to an employee benefit plan.

Type of Review: Extension of a

currently approved collection.

OMB Number: 1210–0062.

Affected Public: Individuals or

households; Business or other for-profit;

Not-for-profit institutions.

Frequency of Response: On occasion.

Total Respondents: 42,000.

Total Responses: 126,000.

Total Estimated Burden Hours: 3,500

hours.

Total Annualized Capital/Startup

Costs: $0.

Total Annual Cost (Operating and

Maintenance): $0.

Description: PTE 82–63 allows certain

compensation arrangements to be made

for the provision by a fiduciary of

securities lending services to an

employee benefit plan, if the conditions

specified in the exemption are met. In

the absence of this exemption, certain

aspects of these transactions might be

prohibited by section 406 of the

Employee Retirement Income Security

Act. The class exemption has two basic