Federal Register / Vol. 75, No. 4 / Thursday, January 7, 2010 / Notices 1001 

investigations as well as data 

concerning agency law enforcement and 

security personnel. 

10. Department of Justice, Civil 

Division (N1–131–08–1, 7 items, 3 

temporary items). Claims, allowances, 

and individual trusts relating to the 

World War I alien property program. 

Proposed for permanent retention are 

substantive records relating to the 

program, such as subject files, 

procedures, and executive orders and 

proclamations. 

11. Department of Justice, Executive 

Office for U.S. Attorneys (N1–60–09–40, 

5 items, 5 temporary items). Master 

files, inputs, and outputs associated 

with an electronic information system 

used for litigation support. This system 

provides workflow management for 

responding to litigation and discovery 

requests. 

12. Department of the Navy, Agencywide (N1–NU–10–1, 1 item, 1 temporary 

item). Case files relating to the 

confinement of court-martial prisoners. 

13. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–6, 6 items, 6 temporary items). 

Master files and inputs associated with 

an electronic information system used 

to gather data and prepare reports 

concerning various aspects of contracts 

involving disadvantaged business 

enterprises. 

14. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–12, 1 item, 1 temporary item). 

Master files of an electronic information 

system used for monitoring contracting 

activities. 

15. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–13, 1 item, 1 temporary item). 

Master files of an electronic information 

system used for monitoring the handling 

of customer service requests. 

16. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–14, 1 item, 1 temporary item). 

Records of an electronic information 

system that serves as a temporary 

repository for information relating to the 

certification of airmen. 

17. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–15, 1 item, 1 temporary item). 

Records of an electronic information 

system used to provide front end 

presentation logic on the agency web 

site relating to aviation safety 

inspections. 

18. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–16, 5 items, 5 temporary items). 

Master files and reports relating to the 

printing and distribution of navigation 

products. 

19. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–17, 2 items, 2 temporary items). 

Master files and other records associated 

with an electronic information system 

used for data concerning material costs 

entailed in printing nautical and 

aeronautical charts. 

20. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–18, 1 item, 1 temporary item). 

Electronic records relating to flight 

standards training that is used by 

employees to access their records and 

obtain information concerning courses. 

21. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–19, 1 item, 1 temporary item). 

Electronic records associated with a 

web-based tool used to provide access to 

reference copies of flight safety and 

flight standards information. 

22. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–20, 1 item, 1 temporary item). 

Electronic data related to managing and 

monitoring the certification of airlines. 

23. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–21, 4 items, 4 temporary items). 

Electronic data relating to surveillance 

and other activities of aviation safety 

inspectors. 

24. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–22, 1 item, 1 temporary item). 

Electronic data relating to incidents 

involving violations of flight safety 

rules. 

25. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–24, 3 items, 3 temporary items). 

Inputs, outputs, and master files 

associated with an obsolete electronic 

information system used for data 

concerning flying air tours over National 

Parks in the West. 

26. Department of Transportation, 

Federal Aviation Administration (N1– 

237–09–25, 1 item, 1 temporary item). 

Records of an obsolete database used to 

track personal property and equipment. 

Dated: December 30, 2009. 

James J. Hastings, 

Director, Access Programs. 

[FR Doc. 2010–33 Filed 1–6–10; 8:45 am] 

BILLING CODE 7515–01–P 

NATIONAL SCIENCE FOUNDATION 

U.S. Chief Financial Officer Council; 

Grants Policy Committee (GPC) 

ACTION: Notice of outreach for feedback 

regarding GPC’s proposed response to 

the recommendations of the U.S. 

Government Accountability Office 

(GAO) about the timeliness of 

Grants.gov application submissions. 

SUMMARY: This notice announces an 

outreach effort for feedback on topical 

items that impact individuals/ 

organizations’ ability to submit grant 

applications in a timely fashion. This 

outreach effort is sponsored by the GPC. 

DATES: The GPC welcomes feedback on 

this topic from the date of this 

publication until January 31, 2010. 

Feedback received after this date will be 

accepted, but may not have the 

opportunity to inform the development 

of the Work Group product. 

ADDRESSES: Submit electronic 

comments or lists of topical issues 

through http://www.GPC.gov by clicking 

on ‘‘share your feedback’’ on the second 

item in the LATEST NEWS box on the 

home page. 

Overview: The GPC is in the early 

stages of developing a proposed 

response recommendation regarding the 

timeliness of Grants.gov applications 

and would like to gather early feedback 

from applicants on topical items or 

major issues that impact their ability to 

submit grant applications in a timely 

fashion. The purpose of this outreach 

effort is to provide a mechanism for the 

applicant community to submit issues 

that impact individuals/organizations’ 

ability to submit grant applications in a 

timely fashion. This outreach effort is 

sponsored by the GPC. 

Feedback Submission Information: 

Feedback will be accepted by clicking 

on ‘‘share your feedback’’ on the second 

item in the LATEST NEWS box on the 

home page. Information that pertains to 

this outreach effort is posted on 

http://www.GPC.gov where you may 

also submit topics or lists of topical 

issues and major challenges regarding 

the timely submission of grants 

applications on Grants.gov. 

Questions: Questions should be 

directed to Charisse Carney-Nunes, 

National Science Foundation, 4201 

Wilson Boulevard, Arlington, VA 22230; 

e-mail, ccarney@nsf.gov, but feedback 

will not be accepted via this address. 

SUPPLEMENTARY INFORMATION: This 

outreach effort has been made possible 

by the cooperation of the National 

Science Foundation and the GPC. A 

team of the Pre-Award Work Group of 

the GPC has been working to propose an 

OMB response to one of the 

recommendations in the U.S. 

Government Accountability Office 

(GAO) Report, ‘‘Grants.gov Has 

Systemic Weaknesses That Require 

Attention’’ (GAO–09–589, July, 2009). 

The proposed recommendation relates 

to electronic submission of grant 

applications through Grants.gov. 

WReier-Aviles on DSKGBLS3C1PROD with NOTICES

1002 Federal Register / Vol. 75, No. 4 / Thursday, January 7, 2010 / Notices 

1 ((One new OTC derivatives dealer × 2,000 hours 

to establish and document its internal risk 

management control system) + (One new OTC 

derivatives dealer × 200 hours to maintain an 

internal risk management control system × (3 years/ 

2)) + (Four registered OTC derivatives dealers × 200 

hours to maintain an internal risk management 

control system × 3 years))/3 years = 1,567 hours. 

2The $258 per hour salary figure for a 

Compliance Manager is from SIFMA’s Management 

& Professional Earnings in the Securities Industry 

2008, modified by Commission staff to account for 

an 1,800-hour work-year and multiplied by 5.35 to 

account for bonuses, firm size, employee benefits 

and overhead. 

3 1,567 hours × $258 = $404,200. 

Specifically, the team is working on a 

proposed response to the GAO 

recommendation regarding timeliness of 

applications, including: 

a. Bases for what constitutes a timely 

application; 

b. Notification to applicants regarding 

the timeliness of applications; and 

c. Handling of late applications. 

At this early stage of the policy 

development process the GPC is 

gathering applicant feedback on topical 

items and major issues related to the 

timely submission of grants applications 

on Grants.gov. Feedback will be 

accepted by clicking on ‘‘share your 

feedback’’ on the second item in the 

LATEST NEWS box on the home page. 

Please note that this opportunity to 

provide feedback is not a formal request 

for comment and that the government 

will not conduct a formal review and 

resolution of any comments received. 

Rather, the GPC seeks to publicly 

announce the undertaking and invites 

informal feedback regarding a response 

to the GAO report. 

Background: The GPC is a committee 

of the U.S. Chief Financial Officers 

(CFO) Council. The Office of 

Management and Budget (OMB) 

sponsors the GPC; its membership 

consists of grants policy subject matter 

experts from across the Federal 

Government. The GPC is charged with 

improving the management of federal 

financial assistance government-wide. 

To carry out that role, the committee 

recommends financial assistance 

policies and practices to OMB and 

coordinates related interagency 

activities. The GPC serves the public 

interest in collaboration with other 

Federal Government-wide grants 

initiatives. 

Dated: January 4, 2010. 

Charisse A. Carney-Nunes, 

Senior Staff Associate of the National Science 

Foundation and Executive Officer of the 

Grants Policy Committee of the U.S. CFO 

Council. 

Suzanne H. Plimpton, 

Reports Clearance Officer, National Science 

Foundation. 

[FR Doc. 2010–24 Filed 1–6–10; 8:45 am] 

BILLING CODE 7555–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: Rule 15c3–4; SEC File No. 270– 

441; OMB Control No. 3235–0497. 

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 a 

request for extension of the previously 

approved collection of information 

discussed below. 

Rule 15c3–4 (17 CFR 240.15c3–4) (the 

‘‘Rule’’) under the Securities Exchange 

Act of 1934 (17 U.S.C. 78a et seq.) (the 

‘‘Exchange Act’’) requires certain 

broker-dealers that are registered with 

the Commission as OTC derivatives 

dealers to establish, document, and 

maintain a system of internal risk 

management controls. The Rule sets 

forth the basic elements for an OTC 

derivatives dealer to consider and 

include when establishing, 

documenting, and reviewing its internal 

risk management control system, which 

are designed to, among other things, 

ensure the integrity of an OTC 

derivatives dealer’s risk measurement, 

monitoring, and management process, to 

clarify accountability at the appropriate 

organizational level, and to define the 

permitted scope of the dealer’s activities 

and level of risk. The Rule also requires 

that management of an OTC derivatives 

dealer must periodically review, in 

accordance with written procedures, the 

OTC derivatives dealer’s business 

activities for consistency with its risk 

management guidelines. 

The staff estimates that that the 

average amount of time a new OTC 

derivatives dealer will spend 

establishing and documenting its risk 

management control system is 2,000 

hours and that, on average, an registered 

OTC derivatives dealer will spend 

approximately 200 hours each year to 

maintain (e.g., reviewing and updating) 

its risk management control system. 

Currently, four firms are registered with 

the Commission as OTC derivatives 

dealers. The staff estimates that 

approximately one additional OTC 

derivatives dealer may become 

registered within the next three years. 

Accordingly, the staff estimates the total 

annualized burden associated with Rule 

15c3–4 for five OTC derivatives dealers 

will be approximately 1,567 hours 

annually.1

The staff believes that the cost of 

complying with Rule 15c3–4 will be 

approximately $258 per hour.2 This per 

hour cost is based upon an annual 

average hourly salary for a compliance 

manager who would be responsible for 

ensuring compliance with the 

requirements of Rule 15c3–4. 

Accordingly, the total annualized cost 

for all affected OTC derivatives dealers 

is estimated to be $404,200.3

The records required to be made by 

OTC derivatives dealers pursuant to the 

Rule and the results of the periodic 

reviews conducted under paragraph (d) 

of Rule 15c3–4 must be preserved under 

Rule 17a–4 of the Exchange Act (17 CFR 

240.17a–4) for a period of not less than 

three years, the first two years in an 

accessible place. The Commission will 

not generally publish or make available 

to any person notice or reports received 

pursuant to the Rule. The statutory basis 

for the Commission’s refusal to disclose 

such information to the public is the 

exemption contained in Section (b)(4) of 

the Freedom of Information Act, 5 

U.S.C. 552, which essentially provides 

that the requirement of public 

dissemination does not apply to 

commercial or financial information 

which is privileged or confidential. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

Comments should be directed to: (i) 

Desk Officer for the Securities and 

Exchange Commission Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

sending an email to: (i) 

Shagufta_Ahmed@comb.eop.gov; and 

(ii) Charles Boucher, Director/Chief 

Information Officer, Securities and 

Exchange Commission, c/o Shirley 

Martinson, 6432 General Green Way, 

Alexandria, Virginia 22312 or send an email to PRA_Mailbox@sec.gov. 

Comments must be submitted to OMB 

within 30 days of this notice. 

Dated: December 30, 2009. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–2 Filed 1–6–10; 8:45 am] 

BILLING CODE 8011–01–P 

WReier-Aviles on DSKGBLS3C1PROD with NOTICES