Federal Register / Vol. 73, No. 150 / Monday, August 4, 2008 / Notices 45257 

1See Securities Exchange Act Release No. 58166 

(July 15, 2008). 

2See Securities Exchange Act Release No. 58190 

(July 18, 2008). 

to appropriate agencies, entities, and 

persons. This routine use will serve to 

protect the interests of any individual 

affected by a breach because it will 

enable OSHRC to take the steps 

necessary to facilitate a timely and 

effective response to the breach, thereby 

improving its ability to prevent, 

minimize, or remedy any harm resulting 

from a compromise of data maintained 

in its systems of records. 

OSHRC’s proposed blanket routine 

use is published below. The first ten 

blanket routine uses, which remain in 

effect, were last published in full text on 

April 14, 2006 at 71 FR 19556, 19558–

59. 

Blanket Routine Uses 

(11) A record from an OSHRC system 

of records may be disclosed as a blanket 

routine use to appropriate agencies, 

entities, and persons when: 

(a) OSHRC suspects or has confirmed 

that the security or confidentiality of 

information in the system of records has 

been compromised; and 

(b) OSHRC has determined that as a 

result of the suspected or confirmed 

compromise there is a risk of harm to 

economic or property interests, identity 

theft or fraud, or harm to the security or 

integrity of this system or other systems 

or programs (whether maintained by 

OSHRC or another agency or entity) that 

rely upon the compromised 

information; and 

(c) The disclosure made to such 

agencies, entities, and persons is 

reasonably necessary to assist in 

connection with OSHRC’s efforts to 

respond to the suspected or confirmed 

compromise and prevent, minimize, or 

remedy such harm. 

Dated: July 29, 2008. 

Horace A. Thompson III, 

Chairman. 

[FR Doc. E8–17791 Filed 8–1–08; 8:45 am] 

BILLING CODE 7600–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Securities Exchange Act of 1934; Release 

No. 58248/July 29, 2008] 

Order Extending Emergency Order 

Pursuant to Section 12(k)(2) of the 

Securities Exchange Act of 1934 

Taking Temporary Action To Respond 

to Market Developments 

On July 15, 2008, the Commission 

issued an Emergency Order Pursuant to 

Section 12(k)(2) of the Securities 

Exchange Act of 1934 Taking 

Temporary Action to Respond to Market 

Developments (the ‘‘Order’’).1 That 

Order took effect on July 21, 2008 and 

applies to the publicly traded securities 

of the substantial financial firms 

identified in Appendix A to the Order. 

The Commission updated the Order by 

an amendment dated July 18, 2008.2

The Order, as amended (the ‘‘Emergency 

Order’’), is currently set to terminate on 

July 29, 2008. 

Pursuant to its authority under 

Section 12(k)(2)(C) of the Securities 

Exchange Act of 1934 (‘‘Exchange Act’’), 

the Commission is extending the 

Emergency Order. Section 12(k)(2)(C) 

authorizes the Commission to extend an 

emergency order issued pursuant to 

Section 12(k)(2)(A) of the Exchange Act 

for a total effective period of up to 30 

calendar days, if the Commission finds 

that the emergency still exists and 

determines that an extension is 

necessary in the public interest and for 

the protection of investors to maintain 

fair and orderly securities markets. 

The Commission has carefully 

reevaluated the current state of the 

markets in consultation with officials of 

the Board of Governors of the Federal 

Reserve System, the Department of the 

Treasury and the Federal Reserve Bank 

of New York. We note that the Board of 

Governors of the Federal Reserve 

System, in authorizing the creation of 

the temporary Primary Dealer Credit 

Facility (‘‘PDCF’’), was required to 

determine that ‘‘unusual and exigent 

circumstances’’ exist and that the PDCF 

remains available to the financial firms 

identified in Appendix A. The 

Commission continues to remain 

concerned about the ongoing threat of 

market disruption and effects on 

investor confidence, and has 

determined in this environment that the 

standards under Section 12(k)(2) for 

extending the Emergency Order have 

been met. Accordingly, the Commission 

has determined that extending the 

Emergency Order is in the public 

interest and necessary to maintain fair 

and orderly securities markets and for 

the protection of investors. Following 

expiration of the Emergency Order, the 

Commission will proceed immediately 

to consideration of rulemaking, which 

would become effective after notice and 

comment. 

Therefore, it is ordered, pursuant to 

Section 12(k)(2)(C) of the Exchange Act, 

that the Emergency Order is extended 

such that it will terminate at 11:59 p.m. 

EDT on Tuesday, August 12, 2008. 

By the Commission. 

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–17759 Filed 8–1–08; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

Global Diamond Exchange, Inc.; Order 

of Suspension of Trading 

July 31, 2008. 

It appears to the Securities and 

Exchange Commission that the public 

interest and the protection of investors 

require a suspension of trading in the 

securities of Global Diamond Exchange, 

Inc. (‘‘Global Diamond’’) because there 

is a lack of current and accurate 

information concerning its securities. 

Questions have arisen concerning the 

company’s current business operations, 

control of the company, and the 

company’s reliance on Rule 504 of 

Regulation D of the Securities Act of 

1933 in conducting a distribution of its 

securities. Global Diamond, a company 

that has made no public filings with the 

Commission, is quoted on the Pink 

Sheets under the ticker symbol GBDX. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above-listed 

company. 

Therefore, it is ordered, pursuant to 

Section 12(k) of the Securities Exchange 

Act of 1934, that trading in the abovelisted company is suspended for the 

period from 9:30 a.m. EDT, July 31, 

2008, through 11:59 p.m. EDT, on 

August 13, 2008. 

By the Commission. 

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–17896 Filed 7–31–08; 11:15 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release Nos. 33–8947; 34–58236; File No. 

4–564] 

Roundtable on International Financial 

Reporting Standards 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Notice of roundtable discussion; 

request for comment. 

SUMMARY: On August 4, 2008 from 1 

p.m. to 5 p.m., the Securities and 

Exchange Commission will hold a 


pwalker on PROD1PC71 with NOTICES