Federal Register / Vol. 66, No. 124 / Wednesday, June 27, 2001 / Rules and Regulations 34109

Flexibility Act. A final evaluation has

been prepared for this action and it is

contained in the Rules Docket. A copy

of it may be obtained from the Rules

Docket at the location provided under

the caption ADDRESSES.

List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation

safety, Incorporation by reference,

Safety.

Adoption of the Amendment

Accordingly, pursuant to the

authority delegated to me by the

Administrator, the Federal Aviation

Administration amends part 39 of the

Federal Aviation Regulations (14 CFR

part 39) as follows:

PART 39—AIRWORTHINESS

DIRECTIVES

1. The authority citation for part 39

continues to read as follows:

Authority: 49 U.S.C. 106(g), 40113, 44701.

§ 39.13 [Amended]

2. Section 39.13 is amended by

adding a new airworthiness directive to

read as follows:

2001–13–02 Bell Helicopter Textron

Canada: Amendment 39–12282. Docket

No. 99–SW–06–AD.

Applicability: Model 407 helicopters, serial

numbers 53000 through 53194, certificated in

any category.

Note 1: This AD applies to each helicopter

identified in the preceding applicability

provision, regardless of whether it has been

otherwise modified, altered, or repaired in

the area subject to the requirements of this

AD. For helicopters that have been modified,

altered, or repaired so that the performance

of the requirements of this AD is affected, the

owner/operator must request approval for an

alternative method of compliance in

accordance with paragraph (b) of this AD.

The request should include an assessment of

the effect of the modification, alteration, or

repair on the unsafe condition addressed by

this AD; and if the unsafe condition has not

been eliminated, the request should include

specific proposed actions to address it.

Compliance: Required within 90 calendar

days, unless accomplished previously.

To assist the pilot in properly identifying

a specific warning horn (horn) and prevent

an inappropriate pilot response to a horn,

which could cause an engine overspeed and

subsequent uncommanded reduction to

flight-idle engine power, accomplish the

following:

(a) Remove and replace the following horns

and install the specified terminal junctions in

accordance with the Accomplishment

Instructions in Bell Helicopter Textron Alert

Service Bulletin No. 407–97–12, dated

October 7, 1997:

Part Name Current Part Number Replacement Part No.

(1) FADEC Fail Horn .......................................................... SC648S .............................................................................. VSB628CP

(2) Low Rotor RPM Horn ................................................... SC628 ................................................................................ SC628N

(3) Engine Out Horn ........................................................... SC628P .............................................................................. SC628NP

(4) Terminal Junction (2) .................................................... ............................................................................................ M81714/65–22–11

(b) An alternative method of compliance or

adjustment of the compliance time that

provides an acceptable level of safety may be

used if approved by the Manager, Rotorcraft

Regulations Group, Rotorcraft Directorate,

FAA. Operators shall submit their requests

through an FAA Principal Maintenance

Inspector, who may concur or comment and

then send it to the Manager, Rotorcraft

Regulations Group.

Note 2: Information concerning the

existence of approved alternative methods of

compliance with this AD, if any, may be

obtained from the Rotorcraft Regulations

Group.

(c) Special flight permits may be issued in

accordance with §§ 21.197 and 21.199 of the

Federal Aviation Regulations (14 CFR 21.197

and 21.199) to operate the helicopter to a

location where the requirements of this AD

can be accomplished.

(d) The modification shall be done in

accordance with the Accomplishment

Instructions in Bell Helicopter Textron Alert

Service Bulletin No. 407–97–12, dated

October 7, 1997. This incorporation by

reference was approved by the Director of the

Federal Register in accordance with 5 U.S.C.

552(a) and 1 CFR part 51. Copies may be

obtained from Bell Helicopter Textron

Canada, 12,800 Rue de l’Avenir, Mirabel,

Quebec JON1LO, telephone (800) 363–8023,

fax (450) 433–0272. Copies may be inspected

at the FAA, Office of the Regional Counsel,

Southwest Region, 2601 Meacham Blvd.,

Room 663, Fort Worth, Texas; or at the Office

of the Federal Register, 800 North Capitol

Street, NW., suite 700, Washington, DC.

(e) This amendment becomes effective on

August 1, 2001.

Note 3: The subject of this AD is addressed

in Transport Canada (Canada) AD No. CF–

98–13, effective August 7, 1998.

Issued in Fort Worth, Texas, on June 13,

2001.

Eric Bries,

Acting Manager, Rotorcraft Directorate,

Aircraft Certification Service.

[FR Doc. 01–15793 Filed 6–26–01; 8:45 am]

BILLING CODE 4910–13–U

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Airspace Docket No. 00–ANM–5]

RIN 2120–AA66

Establishment of Jet Route J–713

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Final Rule.

SUMMARY: This action establishes Jet

Route 713 (J–713) through Utah,

Montana, and Wyoming. The FAA is

taking this action to improve the

management of air traffic operations at

the Salt Lake City International Airport

and to enhance safety.

EFFECTIVE DATE: 0901 UTC, September 6,

2001.

FOR FURTHER INFORMATION CONTACT: Ken

McElroy, Airspace and Rules Division,

ATA–400, Office of Air Traffic Airspace

Management, Federal Aviation

Administration, 800 Independence

Avenue, SW., Washington,DC 20591;

telephone: (202) 267–8783.

SUPPLEMENTARY INFORMATION:

History

On June 2, 2000, the FAA published

in the Federal Register a notice to

amend Title 14 Code of Federal

Regulations (14 CFR) part 71 to establish

J–713 (65 FR 35303). Interested parties

were invited to participate in this

rulemaking effort by submitting written

comments on the proposal. No

comments were received. Except for

editorial changes this amendment is the

same as that proposed in the notice.

The Rule

This action amends 14 CFR part 71 to

establish J–713 through Utah, Montana,

and Wyoming. The FAA is establishing

J–713 for the following reasons: (1) The

need for high altitude arrival and

departure routing to and from the north

of Salt Lake City; (2) to assist in the

34110 Federal Register / Vol. 66, No. 124 / Wednesday, June 27, 2001 / Rules and Regulations

1Receipt of a no-action position from

Commission staff is a necessary prerequisite to the

offer and sale of foreign futures and option

contracts on non-narrow foreign stock indices in the

U.S. On June 13, 2001, the Commission’s Office of

General Counsel issued a no-action letter to MEFF

permitting the offer and sale in the U.S. of futures

and options contracts on the S&P Euro and S&P

Europe 350 stock indices. MEFF has not sought

similar relief with respect to any of the Europe 350

sector indices.

2Rule 30.10 permits a person affected by the

requirements contained in Part 30 of the

Commission’s rules to petition the Commission for

an exemption from such requirements. Appendix A

to the Part 30 rules provides an interpretative

statement that clarifies that a foreign regulator or

self-regulatory organization (‘‘SRO’’) can petition

the Commission under Rule 30.10 for an order to

permit firms that are members of the SRO and

subject to regulation by the foreign regulator to

conduct business from locations outside of the

United States for United States persons on nonUnited States boards of trade without registering

under the Commodity Exchange Act, based upon

the person’s substituted compliance with a foreign

regulatory structure found comparable to that

administered by the Commission under the Act.

Among the issues considered by the Commission

in determining whether to grant Rule 30.10 relief

to a foreign regulatory or self-regulatory authority

are the authority’s: (i) requirements relating to the

registration, authorization, or other form of

licensing, fitness review, or qualification of persons

through whom customer orders are solicited and

accepted; (ii) minimum financial requirements for

those persons that accept customer funds; (iii)

minimum sales practice standards, including risk

disclosures, and the risk of transactions undertaken

outside of the United States; (iv) procedures for

auditing compliance with the requirements of the

regulatory program, including recordkeeping and

reporting requirements; (v) standards for the

protection of customer funds from misapplication;

and (vi) arrangements for the sharing of information

with the United States. Interpretative Statement

with Respect to the Commission’s Exemptive

Authority Under § 30.10 of its Rules, 17 CFR Part

30, Appendix A (2001).

balancing of traffic flow between

Brigham City One arrivals into Salt Lake

City International Airport; and (3) the

addition of this route will improve the

overall management of air traffic

operations and thereby enhance safety.

The FAA has determined that this

regulation only involves an established

body of technical regulations for which

frequent and routine amendments are

necessary to keep them operationally

current. Therefore, this regulation: (1) Is

not a ‘‘significant regulatory action’’

under Executive Order 12866; (2) is not

a ‘‘significant rule’’ under DOT

Regulatory Policies and Procedures (44

FR 11034; February 26, 1979); and (3)

does not warrant preparation of a

regulatory evaluation as the anticipated

impact is so minimal. Since this is a

routine matter that will only affect air

traffic procedures and air navigation, it

is certified that this rule, when

promulgated, will not have a significant

economic impact on a substantial

number of small entities under the

criteria of the Regulatory Flexibility Act.

Jet routes are published in paragraph

2004 of FAA Order 7400.9H dated

September 1, 2000, and effective

September 16, 2000, which is

incorporated by reference in 14 CFR

71.1. The jet route listed in this

document will be published

subsequently in the order.

List of Subjects in 14 CFR Part 71

Airspace, Incorporation by reference,

Navigation (air).

The Amendment

In consideration of the foregoing, the

Federal Aviation Administration

amends 14 CFR part 71 as follows:

PART 71—DESIGNATION OF CLASS A,

CLASS B, CLASS C, CLASS D, AND

CLASS E AIRSPACE AREAS;

AIRWAYS; ROUTES; AND REPORTING

POINTS

1. The authority citation for part 71

continues to read as follows:

Authority: 49 U.S.C. 106(g), 40103, 40113,

40120; E.O. 10854,24 FR 9565, 3 CFR, 1959–

1963 Comp., p.389.

§ 71.1 [Amended]

2. The incorporation by reference in

14 CFR 71.1 of the Federal Aviation

Administration Order 7400.9H,

Airspace Designations and Reporting

Points, dated September 1, 2000, and

effective September 16, 2000, is

amended as follows:

Paragraph 2004 Jet Routes

* * * * *

J–713 [New]

From Billings, MT, via Boysen Reservoir,

WY; Big Piney, WY; to Salt Lake City,

UT.

* * * * *

Issued in Washington, DC, on June 20,

2001.

Reginald C. Matthews,

Manager, Airspace and Rules Division.

[FR Doc. 01–16181 Filed 6–26–01; 8:45 am]

BILLING CODE 4910–13–P

COMMODITY FUTURES TRADING

COMMISSION

17 CFR Parts 1 and 30

Treatment of Customer Funds

AGENCY: Commodity Futures Trading

Commission.

ACTION: Order.

SUMMARY: The Commodity Futures

Trading Commission (‘‘Commission’’) is

issuing an Order regarding the treatment

of customer funds carried by a futures

commission merchant (‘‘FCM’’) for the

purpose of margining, guaranteeing or

securing customers’ trades executed on

or through a board of trade located

outside the U.S. but cleared by a

derivatives clearing organization located

in the U.S. Subject to the terms and

conditions set forth herein, certain

designated members of the Chicago

Mercantile Exchange (‘‘CME’’) may

commingle in a single account the funds

received from customers trading on or

through designated contract markets or

derivatives trading execution facilities

with those funds received in connection

with the CME’s clearing of certain

products traded on or though the MEFF

Sociedad Recotra de Productos

Financieros Derivados de Renta Variable

(‘‘MEFF’’), a board of trade located in

Spain. This Order is issued pursuant to

Sections 4(b) and 4d of the Commodity

Exchange Act and Commission Rule

30.10.

EFFECTIVE DATE: June 20, 2001.

FOR FURTHER INFORMATION CONTACT:

Andrew V. Chapin, Staff Attorney,

Division of Trading and Markets,

Commodity Futures Trading

Commission, 1155 21st Street, NW.,

Washington, DC 20581. Telephone:

(202) 418–5430.

SUPPLEMENTARY INFORMATION: The

Commission has issued the following

Order: Order Regarding the Treatment of

Customer Funds Carried in Connection

with Transactions Entered into on or

through MEFF Sociedad Rectora de

Productos Financieros Derivados de

Renta Variable and Cleared through the

Chicago Mercantile Exchange.

A. The CME–MEFF Arrangement

The CME has entered into a clearing

arrangement with MEFF involving the

trading and clearing of certain stock

index futures products based on the

Standard and Poor’s (‘‘S&P’’) Euro

Index, the S&P Europe 350 Index, and

certain sector indices from the S&P

Europe 350 Index (collectively,

‘‘Designated Future Contracts’’ or

‘‘DFC’’).1 Pursuant to the arrangement,

referred to as the Master Agreement,

MEFF will list these products for

trading on its electronic trading

platform, MEFF S/MART, execute these

trades subject to MEFF rules, and

submit these transactions for clearing to

the CME. In accordance with part 30 of

the Commission’s rules, any DFC

transaction involving a customer located

in the U.S. will be intermediated by an

FCM or a firm exempt from such

registration pursuant to Rule 30.10.2

MEFF has received previously from the

Commission an order issued pursuant to