Federal Register / Vol. 72, No. 200 / Wednesday, October 17, 2007 / Notices 58939 

Board decisions and notices are 

available on our Web site at http:// 

www.stb.dot.gov. 

Decided: October 10, 2007. 

By the Board, David M. Konschnik, 

Director, Office of Proceedings. 

Vernon A. Williams, 

Secretary. 

[FR Doc. E7–20280 Filed 10–16–07; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Departmental Offices; Debt 

Management Advisory Committee 

Meeting 

Notice is hereby given, pursuant to 5 

U.S.C. App. 2, § 10(a)(2), that a meeting 

will be held at the Hay-Adams Hotel, 

16th Street and Pennsylvania Avenue, 

NW., Washington, DC, on October 30, 

2007 at 11:30 a.m. of the following debt 

management advisory committee: 

Treasury Borrowing Advisory 

Committee of The Securities Industry 

and Financial Markets Association. 

The agenda for the meeting provides 

for a charge by the Secretary of the 

Treasury or his designate that the 

Committee discuss particular issues, 

and a working session. Following the 

working session, the committee will 

present a written report of its 

recommendations. The meeting will be 

closed to the public, pursuant to 5 

U.S.C. App. 2, § 10(d) and Public Law 

103–202, § 202(c)(1)(B) (31 U.S.C. 3121 

note). 

This notice shall constitute my 

determination, pursuant to the authority 

placed in heads of agencies by 5 U.S.C. 

App. 2, § 10(d) and vested in me by 

Treasury Department Order No. 101–05, 

that the meeting will consist of 

discussions and debates of the issues 

presented to the Committee by the 

Secretary of the Treasury and the 

making of recommendations of the 

Committee to the Secretary, pursuant to 

Public Law 103–202, § 202(c)(1)(B). 

Thus, this information is exempt from 

disclosure under that provision and 5 

U.S.C. 552(b)(c)(3)(B). In addition, the 

meeting is concerned with information 

that is exempt from disclosure under 5 

U.S.C. 552b(c)(9)(A). The public interest 

requires that such meetings be closed to 

the public because the Treasury 

Department requires frank and full 

advice from representatives of the 

financial community prior to making its 

final decisions on major financing 

operations. Historically, this advice has 

been offered by debt management 

advisory committees established by the 

several major segments of the financial 

community. When so utilized, such a 

committee is recognized to be an 

advisory committee under 5 U.S.C. App. 

2, § 3. 

Although the Treasury’s final 

announcement of financing plans may 

not reflect the recommendations 

provided in reports of the Committee, 

premature disclosure of the Committee’s 

deliberations and reports would be 

likely to lead to significant financial 

speculation in the securities market. 

Thus, this meeting falls within the 

exemption covered by 5 U.S.C. 

552b(c)(9)(A). 

Treasury staff will provide a technical 

briefing to the press on the day before 

the Committee meeting, following the 

release of a statement of economic 

conditions, financing estimates and 

technical charts. This briefing will give 

the press an opportunity to ask 

questions about financing projections 

and technical charts. The day after the 

Committee meeting, Treasury will 

release the minutes of the meeting, any 

charts that were discussed at the 

meeting, and the Committee’s report to 

the Secretary. 

The Office of Debt Management is 

responsible for maintaining records of 

debt management advisory committee 

meetings and for providing annual 

reports setting forth a summary of 

Committee activities and such other 

matters as may be informative to the 

public consistent with the policy of 5 

U.S.C. 552(b). The Designated Federal 

Officer or other responsible agency 

official who may be contacted for 

additional information is Karthik 

Ramanathan, Director, Office of Debt 

Management, at (202) 622–2042. 

Dated: October 10, 2007. 

Anthony W. Ryan, 

Assistant Secretary, Financial Markets. 

[FR Doc. 07–5106 Filed 10–16–07; 8:45 am] 

BILLING CODE 4810–25–M 

DEPARTMENT OF THE TREASURY 

Review by the Treasury Department of 

the Regulatory Structure Associated 

With Financial Institutions 

AGENCY: Department of the Treasury, 

Departmental Offices. 

ACTION: Notice; request for comments. 

SUMMARY: The Treasury Department is 

undertaking a broad review of the 

regulatory structure associated with 

financial institutions. To assist in this 

review and obtain a broad view of all 

perspectives, the Treasury Department 

is issuing this notice seeking public 

comment. 

DATES: Comments should be submitted 

electronically and received by 

Wednesday, November 21, 2007. 

ADDRESSES: Please submit comments 

electronically through the Federal 

eRulemaking Portal—‘‘Regulations.gov.’’

Go to http://www.regulations.gov, select 

‘‘Department of the Treasury—All’’ from 

the agency drop-down menu, then click 

‘‘Submit.’’ In the ‘‘Docket ID’’ column, 

select ‘‘TREAS–DO–2007–0018’’ to 

submit or view public comments and to 

view supporting and related materials 

for this notice. The ‘‘User Tips’’ link at 

the top of the Regulations.gov home 

page provides information on using 

Regulations.gov, including instructions 

for submitting or viewing public 

comments, viewing other supporting 

and related materials, and viewing the 

docket after the close of the comment 

period. 

Please include your name, affiliation, 

address, e-mail address and telephone 

number(s) in your comment. Where 

appropriate, comments should include a 

short Executive Summary (no more than 

five single-spaced pages). All 

statements, including attachments and 

other supporting materials, received are 

part of the public record and subject to 

public disclosure. You should submit 

only information that you wish to make 

available publicly. 

FOR FURTHER INFORMATION CONTACT: 

Jeffrey Stoltzfoos, Senior Advisor, Office 

of the Assistant Secretary for Financial 

Institutions, (202) 622–2610 or Mario 

Ugoletti, Director, Office of Financial 

Institutions Policy, (202) 622–2730 (not 

toll free numbers). 

SUPPLEMENTARY INFORMATION: The 

Treasury Department is currently 

engaged in a number of initiatives 

associated with maintaining the 

competitiveness of United States capital 

markets. One of those initiatives is 

evaluating the regulatory structure 

associated with financial institutions. 

The regulatory structure for financial 

institutions in the United States has 

served us well over the course of our 

history. Much of the basic regulatory 

structure associated with financial 

institutions was established decades 

ago. While there have been important 

changes over time in the way financial 

institutions have been regulated, the 

Treasury Department believes that it is 

important to continue to evaluate our 

regulatory structure and consider ways 

to improve efficiency, reduce overlap, 

strengthen consumer and investor 

protection, and ensure that financial 

institutions have the ability to adapt to 

evolving market dynamics, including 

the increasingly global nature of 

financial markets. 


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