Federal Register / Vol. 61, No. 100 / Wednesday, May 22, 1996 / Notices 25721

8:35 a.m. Assessing reproductive

health in special populations

9:55 a.m. Diagnosis, defining

syndromes, determining

prevalence, and surveillance

10:45 a.m. Break

11:00 a.m. Genetic services, referral,

and outreach: Department of

Veterans Affairs

11:40 a.m. Genetic services, referral,

and outreach: Department of

Defense

12:15 p.m. Committee and staff

discussion

12:30 p.m. Adjourn

A final agenda will be available at the

meeting.

Public Participation

The meeting is open to the public.

Members of the public who wish to

make oral statements should contact the

Advisory Committee at the address or

telephone number listed below at least

five business days prior to the meeting.

Reasonable provisions will be made to

include on the agenda presentations

from individuals who have not yet had

an opportunity to address the Advisory

Committee. Priority will be given to

Gulf War veterans and their families.

The panel chair is empowered to

conduct the meeting in a fashion that

will facilitate the orderly conduct of

business. People who wish to file

written statements with the Advisory

Committee may do so at any time.

FOR FURTHER INFORMATION CONTACT: John

D. Longbrake, Presidential Advisory

Committee on Gulf War Veterans’

Illnesses, 1411 K Street, N.W., suite

1000, Washington, DC 20005–3404,

Telephone: (202) 761–0066, Fax. (202)

761–0310.

Dated: May 17, 1996.

Carol A. Bock,

Federal Register Liaison Officer, Presidential

Advisory Committee on Gulf War Veterans’

Illnesses.

[FR Doc. 96–12853 Filed 5–21–96; 8:45 am]

BILLING CODE 3610–76–M

SECURITIES AND EXCHANGE

COMMISSION

Submission for OMB Review;

Comment Request

Upon Written Request, Copies

Available From: Securities and

Exchange Commission, Office of Filings

and Information Services, Washington,

DC 20549.

Proposed New Collections

Rule 101 ...... SEC File No.

270–408.

OMB Control

No. 3235–

new.

Rule 102 ...... SEC File No.

270–409.

OMB Control

No. 3235–

new.

Rule 103 ...... SEC File No.

270–410.

OMB Control

No. 3235–

new.

Rule 104 ...... SEC File No.

270–411.

OMB Control

No. 3235–

new.

Proposed Revisions

Rule 17a–2 SEC File No.

270–189.

OMB Control

No. 3235–

0201.

Regulation

S–K.

SEC File No.

270–2.

OMB Control

No. 3235–

0071.

Regulation

S–B.

SEC File No.

270–370.

OMB Control

No. 3235–

0417.

Form S–1 ..... SEC File No.

270–58.

OMB Control

No. 3235–

0065.

Form S–2 ..... SEC File No.

270–60.

OMB Control

No. 3235–

0072.

Form S–3 ..... SEC File No.

270–61.

OMB Control

No. 3235–

0073.

Form S–11 ... SEC File No.

270–64.

OMB Control

No. 3235–

0067.

Form SB–1 SEC File No.

270–374.

OMB Control

No. 3235–

0423.

Form SB–2 SEC File No.

270–366.

OMB Control

No. 3235–

0418.

Form F–1 ..... SEC File No.

270–249.

OMB Control

No. 3235–

0258.

Form F–2 ..... SEC File No.

270–250.

OMB Control

No. 3235–

0257.

Form F–3 ..... SEC File No.

270–251.

OMB Control

No. 3235–

0256.

Notice is hereby given that pursuant

to the Paperwork Reduction Act of 1995

(44 U.S.C. 3501 et seq.), the Securities

and Exchange Commission

(‘‘Commission’’) has submitted to the

Office of Management and Budget

requests for approval of proposed new

collections and proposed revisions on

the following rules and forms:

Rules 101 and 102 would prohibit

distribution participants form

purchasing activities during a

distribution of securities. These covered

persons may seek to use an exception to

this rule that would require such

persons to calculate the average daily

trading volume of the securities in

distribution, maintain and audit a

policy regarding information barriers

between their affiliates, and maintain a

written policy regarding general

compliance with Regulation M. The

Commission estimates that 1,597

respondents would collect information

under Rule 101 and that approximately

43,522 hours would be required

annually for these collections. In

addition, the Commission estimates that

577 respondents would collect

information under Rule 102 and that

approximately 577 hours would be

required for these collections.

Rule 103 provides an exception to

Rule 101 for passive market making in

Nasdaq securities. A distribution

participant that seeks use of this

exception would be required to disclose

to third parties its intention to engage in

passive market making. The

Commission estimates that 375

respondents would collect information

under Rule 103 and that approximately

375 hours would be required annually

for these collections.

Rule 104 would permit stabilizing by

a distribution participant during a

distribution so long as the distribution

participant discloses information to the

market and investors. This rule requires

disclosure in offering materials of the

potential stabilizing transactions and to

inform the market when a stabilizing

bid is made. It also requires the

distribution participants (i.e., the

syndicate manager) to maintain

information regarding syndicate

covering transactions and penalty bids.

The Commission estimates that 522

respondents would collect information

under Rule 104 and that approximately

522 hours would be required annually

for these collections.

Rule 17a–2 requires underwriters to

maintain information regarding

stabilizing activities. This rule would be

amended to reflect the new records

required under proposed Rule 104. The

Commission estimates that 522

respondents would collect information

under Rule 17a–2 and that

approximately 2,610 hours would be

required annually for these collections.

Item 502(d) of Regulation S–K and

Regulation S–B requires disclosure in

offering materials of stabilization and

passive market making. These

provisions would be amended to require

new wording of the legends already

required. Item 508 of Regulation S–K

and Regulation S–B requires disclosure

in offering materials regarding

underwriting activities. These

provisions would be amended to require

that potential stabilizing activities be

described more fully. These

amendments would affect the

information required in Forms S–1, S–

2, S–3, S–11, SB–1, SB–2, F–1, F–2, and

F–3, which incorporate Items 502(d)

and 508. The Commission estimates that

each form would incur an additional .5

burden hour to comply with these

revisions.
25722 Federal Register / Vol. 61, No. 100 / Wednesday, May 22, 1996 / Notices

1 15 U.S.C. 78s(b)(1) (1988).

2The Commission has modified parts of these

statements.

3For a complete description of DCC’s repo

clearance system, see Securities Exchange Act

Release No. 36367 (October 13, 1995), 60 FR 54095.

4 15 U.S.C. 78q–1 (1988).

5 15 U.S.C. 78s(b)(3)(A)(iii) (1988).

6 17 CFR 240.19b–4(e)(4) (1995).

7 17 CFR 200.30–3(a)(12) (1995).

General comments regarding the

estimated burden hours should be

directed to the Desk Officer for the

Securities and Exchange Commission at

the address below. Any comments

concerning the accuracy of the

estimated average burden hours for

compliance with Commission rules and

forms should be directed to Michael E.

Bartell, Associate Executive Director,

Office of Information Technology,

Securities and Exchange Commission,

450 Fifth Street, NW., Washington, DC

20549 and Desk Officer for the

Securities and Exchange Commission,

Office of Information and Regulatory

Affairs, Office of Management and

Budget, Room 3208, New Executive

Office Building, Washington, DC 20503.

Dated: May 6, 1996.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 96–12778 Filed 5–21–96; 8:45 am]

BILLING CODE 8010–01–M

[Release No. 34–37212; File No. SR–DCC–

96–07]

Self Regulatory Organizations; Delta

Clearing Corp.; Notice of Filing and

Immediate Effectiveness of a Proposed

Rule Change Relating to the Addition

of Tullet and Tokyo Securities Inc. as

an Interdealer Broker for Delta Clearing

Corp.’s Repurchase Agreement

Clearance System

May 14, 1996.

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

Securities Exchange Act of 1934

(‘‘Act’’),1 notice is hereby given that on

April 29, 1996, Delta Clearing Corp.

(‘‘DCC’’) filed with the Securities and

Exchange Commission (‘‘Commission’’)

the proposed rule change as described

in Items I, II, and III below, which items

have been prepared primarily by DCC.

The Commission is publishing this

notice to solicit comments on the

proposed rule change from interested

persons.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

The purpose of the proposed rule

change is to notify the Commission that

Tullet and Tokyo Securities Inc.

(‘‘Tullet’’) has been authorized as an

interdealer broker in DCC’s over-thecounter clearance and settlement system

for U.S. Treasury repurchase (‘‘repo’’)

transactions.

II. Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

In its filing with the Commission,

DCC included statements concerning

the purpose of and basis for the

proposed rule change and discussed any

comments it received on the proposed

rule change. The text of these statements

may be examined at the places specified

in Item IV below. DCC has prepared

summaries, set forth in sections (A), (B),

and (C) below, of the most significant

aspects of such statements.2

(A) Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

DCC’s system clears repro agreements

that have been agreed to through the

facilities of interdealer brokers that have

been authorized by DCC (‘‘Authorized

Brokers’’) to offer their services to DCC

participants,3 Currently, Liberty

Brockerage, Inc., RMJ Special Brokerage

Inc., Euro Brokers Maxcor Inc., Prebon

Securities (USA) Inc., and Tradition

(Government Securities) Inc. are

Authorized Brokers. The purpose of the

proposed rule change is to notify the

Commission that Tullet has been

authorized to act as an Authorized

Broker in DCC’s clearance and

settlement system for repo trades.

The proposed rule change will

facilitate the prompt and accurate

clearance and settlement of securities

transactions, and therefore, the

proposed rule change is consistent with

the requirements of the Act, specifically

Section 17A of the Act, and the rules

and regulations thereunder.4

(B) Self-Regulatory Organization’s

Statement on Burden on Competition

DCC does not believe that the

proposed rule change will impose any

burden on competition that is not

necessary or appropriate in furtherance

of the purposes of the Act.

(C) Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received from

Members, Participants or Others

Comments were neither solicited nor

received.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

The foregoing rule change has become

effective pursuant to Section

19(b)(3)(A)(iii) of the Act 5 and Rule

19v–4(e)(4) thereunder,6 in that the

proposal effects a change in an existing

service of a registered clearing agency

that does not adversely affect the

safeguarding of securities or funds in

the custody or control of the clearing

agency or for which it is responsible and

does not significantly affect the

respective rights or obligations of the

clearing agency or persons using the

service. At any time within sixty days

of the filing of the proposed rule change,

the Commission may summarily

abrogate such rule change if it appears

to the Commission that such action is

necessary or appropriate in the public

interest, for the protection of investors,

or otherwise in furtherance of the

purposes of the Act.

IV. Solicitation of Comments

Interested persons are invited to

submit written data, views, and

arguments concerning the foregoing.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of the

submission, all subsequent

amendments, all written statements

with respect to the proposed rule

change that are filed with the

Commission, and all written

communication relating to the proposed

rule change between the Commission

and any person, other than those that

may be withheld from the public in

accordance with the provisions of 5

U.S.C. 552, will be available for

inspection and coping in the

Commission’s Public Reference Section,

450 Fifth Street, N.W., Washington, D.C.

20549. Copies of such filing also will be

available for inspection and copying at

DCC. All submissions should refer to

File No. SR–DCC–96–07 and should be

submitted by June 12, 1996.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.7

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 96–12812 Filed 5–21–96; 8:45 am]

BILLING CODE 8010–01–M