60720 Federal Register / Vol. 73, No. 199 / Tuesday, October 14, 2008 / Notices 

Written comments should be directed 

to: Gerard F. Ramker, Bureau of Justice 

Statistics, 810 Seventh St., NW., 

Washington, DC 20531. Comments are 

solicited to: 

—Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the Bureau of Justice 

Statistics pursuant to the NICS 

Improvement Amendments Act of 

2007, including whether the 

information will have practical utility; 

—Evaluate the accuracy of the agencies’ 

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. 

Overview of This Information 

Collection 

(1) Type of Information Collection: 

New information collection. 

(2) Title of the Form/Collection: NICS 

Act State Record Estimates Data 

Collection. 

(3) Agency form number, if any, and 

the applicable component of the 

Department of Justice sponsoring the 

collection: Not applicable. 

(4) Affected public who will be asked 

or required to respond, as well as a brief 

abstract: Primary: State and Local 

Government. This information 

collection seeks of available state and 

local records, and other information 

pursuant to the NICS Improvement 

Amendments Act of 2007 (Pub. L. 110– 

180), enacted on January 8, 2008. 

Submission of this information is a 

prerequisite for states to be eligible to 

apply for federal grant funds under 

programs authorized in the Act, should 

Congress appropriate funds for this 

purpose. 

(5) An estimate of the total number of 

respondents and the amount of time 

estimated for an average respondent to 

respond: Respondents may include the 

fifty (50) states, the District of Columbia, 

and the territories of Guam, American 

Samoa, U.S. Virgin Islands, Puerto Rico, 

and the Commonwealth of the Northern 

Mariana Islands. The time required to 

complete the information collection 

form is estimated at two (2) hours. It is 

estimated that the collaboration, 

research and analysis required to 

develop the estimates and formulate the 

responses required by the initial 

information collection could range 

between 8 and 160 hours depending on 

the availability of data on which 

required estimates can be based. 

(6) An estimate of the total public 

burden (in hours) associated with the 

collection: The range of total burden 

hours associated with this collection is 

estimated at between 896 and 17,920 

hours. 

If additional information is required 

contact: Lynn Bryant, Department 

Clearance Officer, United States 

Department of Justice, Justice 

Management Division, Policy and 

Planning Staff, Patrick Henry Building, 

Suite 1600, 601 D Street, NW., 

Washington, DC 20530. 

Dated: October 7, 2008. 

Lynn Bryant, 

Department Clearance Officer, PRA, U.S. 

Department of Justice. 

[FR Doc. E8–24328 Filed 10–10–08; 8:45 am] 

BILLING CODE 4410–18–P 

DEPARTMENT OF LABOR 

Employee Benefits Security 

Administration 

Hearing on Proposed Class Exemption 

for Investment Advice 

AGENCY: Employee Benefits Security 

Administration, U.S. Department of 

Labor. 

ACTION: Notice of hearing. 

SUMMARY: Notice is hereby given that 

the Department of Labor will hold a 

hearing on the Department’s proposed 

class exemption from certain prohibited 

transaction restrictions of the Employee 

Retirement Income Security Act of 1974, 

as amended (ERISA, or the Act), and 

from certain taxes imposed by the 

Internal Revenue Code of 1986, as 

amended (Code), for the provision of 

investment advice to participants and 

beneficiaries of self-directed individual 

account plans and individual retirement 

accounts (IRAs). 

DATES: The hearing will be held on 

October 21, 2008, beginning at 8 a.m., 

EST. Persons interested in presenting 

testimony and answering questions at 

the public hearing must submit requests 

and certain other information (as 

discussed below), by 3:30 p.m., EST, 

October 16, 2008. 

ADDRESSES: The hearing will be held at 

the U.S. Department of Labor, Room S– 

3215 A&B, 200 Constitution Avenue, 

NW., Washington, DC 20210. 

FOR FURTHER INFORMATION CONTACT: Fil 

Williams, Office of Regulations and 

Interpretations, Employee Benefits 

Security Administration, (202) 693– 

8510. This is not a toll-free number. 

SUPPLEMENTARY INFORMATION: On August 

22, 2008, notice was published in the 

Federal Register (73 FR 49924) that the 

Department of Labor (the Department) 

has under consideration a proposed 

class exemption to permit the provision 

of investment advice to participants and 

beneficiaries of self-directed individual 

account plans, such as 401(k) plans, and 

IRAs. The Department proposed the 

class exemption on its own motion 

pursuant to section 408(a) of ERISA, and 

in accordance with the procedures set 

forth in 29 CFR Part 2570, subpart B (55 

FR 32836, August 10, 1990). 

Specifically, upon adoption, the 

proposed exemption would provide 

relief from the restrictions of section 

406(a) and 406(b) of the Act, and from 

the taxes imposed by section 4975(a) 

and (b) of the Code, by reason of section 

4975(c)(1) of the Code, for the provision 

of investment advice described in 

section 3(21)(A)(ii) of ERISA by a 

fiduciary adviser to a participant or 

beneficiary in an individual account 

plan or IRA (and certain similar plans), 

the acquisition, holding or sale of a 

security or other property pursuant to 

the investment advice, and the direct or 

indirect receipt of fees or other 

compensation by the fiduciary adviser 

(or any employee, agent, registered 

representative or affiliate thereof) in 

connection with such transactions. 

Upon adoption, the class exemption 

would affect sponsors, fiduciaries, 

participants and beneficiaries of 

participant-directed individual account 

plans and IRAs, as well as providers of 

investment and investment advicerelated services to such plans. 

In the notice of proposed exemption, 

the Department invited interested 

persons to submit written comments on 

or before October 6, 2008. To date, the 

Department has received approximately 

39 written comments concerning the 

proposed class exemption, many of 

which were from major industry groups. 

All written comments are available to 

the public, without charge, online at 

http://www.dol.gov/ebsa and at the 

Public Disclosure Room N–1513, 

Employee Benefits Security 

Administration, U.S. Department of 

Labor, 200 Constitution Avenue, NW., 

Washington, DC 20210. 

In their written comments, four 

parties requested that the Department 

hold a public hearing to more fully 

examine issues raised under the 

proposed class exemption, and 


jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 73, No. 199 / Tuesday, October 14, 2008 / Notices 60721 

expressed an interest in testifying. In 

view of the importance of this initiatives 

and its potential for significantly 

affecting the provision of investment 

advice to participants and beneficiaries 

in affected plans, and taking into 

account the concerns of these 

commenters, the Department has 

decided to hold a public hearing. The 

primary purpose of this hearing is to 

further develop the public record 

regarding the class exemption and to 

assist the Department in understanding 

the issues and other concerns raised by 

the written comments. Because 

information contained in previouslysubmitted written comments is already 

part of the public record, the 

Department expects that persons 

testifying at the hearing will present 

information not previously addressed in 

their written comments. 

The hearing will be held on October 

21, 2008, beginning at 8 a.m. and ending 

at 5 p.m., EST, in Room S–3215 A&B of 

the Department of Labor, Francis 

Perkins Building, at 200 Constitution 

Avenue, NW., Washington, DC 20210. 

Persons interested in presenting 

testimony and answering questions at 

this public hearing must submit, by 3:30 

p.m., EST, October 16, 2008, the 

following information: (1) A written 

request to be heard; and (2) An outline 

of the topics to be discussed, indicating 

the time allocated to each topic. To 

facilitate the receipt and processing of 

responses, EBSA encourages interested 

persons to submit their requests and 

outlines electronically by e-mail to 

e-ORI@dol.gov. Persons submitting 

requests and outlines electronically are 

encouraged not to submit paper copies. 

Persons submitting requests and 

outlines on paper should send or deliver 

their requests and outlines (preferably at 

least three copies) to the Office of 

Regulations and Interpretations, 

Employee Benefits Security 

Administration, Attn: Investment 

Advice Class Exemption Hearing, Room 

N–5655, U.S. Department of Labor, 200 

Constitution Avenue, NW., Washington, 

DC 20210. All requests and outlines 

submitted to the Department will be 

available to the public, without charge, 

online at http://www.dol.gov/ebsa and 

at the Public Disclosure Room N–1513, 

Employee Benefits Security 

Administration, U.S. Department of 

Labor, 200 Constitution Avenue, NW., 

Washington, DC 20210. 

The Department will prepare an 

agenda indicating the order of 

presentation of oral comments and 

testimony. In the absence of special 

circumstances, each presenter will be 

allotted ten (10) minutes in which to 

complete his or her presentation. 

Any individuals with disabilities who 

may need special accommodations 

should notify Fil Williams on or before 

October 16, 2008. 

Information about the agenda will be 

posted on http://www.dol.gov/ebsa on 

or after October 16, 2008, or may be 

obtained by contacting Fil Williams, 

Office of Regulations and 

Interpretations, Employee Benefits 

Security Administration, U.S. 

Department of Labor, telephone (202) 

693–8510 (this is not a toll-free 

number). 

Those individuals who make oral 

comments and testimonies at the 

hearing should be prepared to answer 

questions regarding their information 

and/or comments. The hearing will be 

transcribed. 

Notice of Public Hearing 

Notice is hereby given that a public 

hearing will be held on October 21, 

2008, concerning the Department’s 

proposed class exemption for the 

provision of investment advice to 

participants and beneficiaries of selfdirected individual account plans and 

IRAs. The hearing will be held 

beginning at 8 a.m. in Room S–3215 

A&B of the U.S. Department of Labor, 

Francis Perkins Building, 200 

Constitution Avenue, NW., Washington 

DC, 20210. 

Signed at Washington, DC, this 8th day of 

October, 2008. 

Bradford P. Campbell, 

Assistant Secretary, Employee Benefits 

Security Administration, U.S. Department of 

Labor. 

[FR Doc. E8–24338 Filed 10–10–08; 8:45 am] 

BILLING CODE 4510–29–P 

NATIONAL ARCHIVES AND RECORDS 

ADMINISTRATION 

Advisory Committee on the Electronic 

Records Archives 

AGENCY: National Archives and Records 

Administration. 

ACTION: Notice of meeting. 

SUMMARY: In accordance with the 

Federal Advisory Committee Act, as 

amended (5 U.S.C. Appendix 2), the 

National Archives and Records 

Administration (NARA) announces a 

meeting of the Advisory Committee on 

the Electronic Records Archives 

(ACERA). The committee serves as a 

deliberative body to advise the Archivist 

of the United States, on technical, 

mission, and service issues related to 

the Electronic Records Archives (ERA). 

This includes, but is not limited to, 

advising and making recommendations 

to the Archivist on issues related to the 

development, implementation and use 

of the ERA system. 

Date of Meeting: November 5–6, 2008. 

Time of Meeting: 9 a.m.–4 p.m. 

Place of Meeting: 700 Pennsylvania 

Avenue, NW., Washington, DC 20408– 

0001. 

This meeting will be open to the 

public. However, due to space 

limitations and access procedures, the 

name and telephone number of 

individuals planning to attend must be 

submitted to the Electronic Records 

Archives Program at 

era.program@nara.gov. 

SUPPLEMENTARY INFORMATION: 

Agenda 

• Opening Remarks. 

• Approval of Minutes. 

• Committee Updates. 

• Activities Reports. 

• Adjournment. 

FOR FURTHER INFORMATION CONTACT: 

Adrienne Thomas, Deputy Archivist; 

(301) 837–1600. 

Dated: October 8, 2008. 

Patrice Little Murray, 

Alternate Committee Management Officer. 

[FR Doc. E8–24341 Filed 10–10–08; 8:45 am] 

BILLING CODE 7515–01–P 

NATIONAL ARCHIVES AND RECORDS 

ADMINISTRATION 

Records Schedules; Availability and 

Request for Comments 

AGENCY: National Archives and Records 

Administration (NARA). 

ACTION: Notice of availability of 

proposed records schedules; request for 

comments. 

SUMMARY: The National Archives and 

Records Administration (NARA) 

publishes notice at least once monthly 

of certain Federal agency requests for 

records disposition authority (records 

schedules). Once approved by NARA, 

records schedules provide mandatory 

instructions on what happens to records 

when no longer needed for current 

Government business. They authorize 

the preservation of records of 

continuing value in the National 

Archives of the United States and the 

destruction, after a specified period, of 

records lacking administrative, legal, 

research, or other value. Notice is 

published for records schedules in 

which agencies propose to destroy 

records not previously authorized for 

disposal or reduce the retention period 

of records already authorized for 

disposal. NARA invites public 


jlentini on PROD1PC65 with NOTICES