60158 Federal Register / Vol. 75, No. 188 / Wednesday, September 29, 2010 / Notices 

9 15 U.S.C. 78s(b)(3)(A). 

10 17 CFR 240.19b–4(f)(6). 

11 17 CFR 200.30–3(a)(12). 

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

2The Commission has modified the text of the 

summaries prepared by DTC. 

become effective pursuant to Section 

19(b)(3)(A) of the Act 9 and Rule 19b– 

4(f)(6) thereunder.10

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend 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, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–FINRA–2010–047 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–FINRA–2010–047. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). 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 

communications 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 Web site viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street, NE. 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of such filing 

also will be available for inspection and 

copying at the principal office of 

FINRA. All comments received will be 

posted without change; the Commission 

does not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make publicly available. All 

submissions should refer to File 

Number SR–FINRA–2010–047 and 

should be submitted on or before 

October 20, 2010. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–24445 Filed 9–28–10; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–62990; File No. SR–DTC– 

2010–12] 

Self-Regulatory Organizations; The 

Depository Trust Company; Notice of 

Filing of a Proposed Rule Change To 

Automate the Approval Process in 

Providing Trustee Access to the 

Security Position Report Service 

September 24, 2010. 

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

Securities Exchange Act of 1934 

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

September 14, 2010, The Depository 

Trust Company (‘‘DTC’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which items have been prepared 

primarily by DTC. The Commission is 

publishing this notice to solicit 

comments 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 replace the manual 

approval process whereby trustees of an 

issue receive access to DTC’s Security 

Position Report (‘‘SPR’’) service with an 

automated approval process. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, 

DTC 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. DTC 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 

DTC’s SPR service provides valuable 

information on the record date holdings 

of an issuer’s security in DTC 

Participant accounts. An SPR provides 

information needed to contact 

shareholders on corporate-related events 

such as annual meetings. DTC currently 

provides SPRs to Issuers, Trustees, and 

authorized third parties. 

DTC’s Proxy area receives requests for 

SPR services access and reviews such 

requests to ensure that only appropriate 

parties receive access. The review 

process to approve a Trustee’s access to 

the SPR service for a security is done 

manually, and the process is therefore 

subject to error. Currently, the SPR 

system sends an e-mail to the DTC 

Proxy mailbox notifying the Proxy staff 

that a Trustee has added a CUSIP to its 

eligible issues list. Any Trustee can add 

a CUSIP to its eligible issues list. The 

CUSIP will show ‘‘unauthorized’’ until 

reviewed and approved by the DTC 

Proxy staff. DTC Proxy staff requires 

that the Trustee provide to it one of the 

following: Trust agreement, Annual 

Report, 10K, 10Q, SEC filing, and/or any 

other document deemed necessary and 

appropriate. Generally, it takes two or 

more days for a response on access 

requests because of the manual process 

associated with the review of trustee 

information. 

To increase the efficiency by which 

DTC provides Trustees with access to 

the SPR service, DTC is seeking to 

collect Trustee data at the point of 

eligibility of the issue. This will allow 

DTC to store and maintain Trustee data 

on the Entity Master File and the 

Security Master File (‘‘Master Files’’). 

DTC will then have the ability to 

automate the validation done by the 

SPR system against the information 

stored on the Master Files in response 

to a Trustee request for SPR access. 

Initially, DTC will populate and 

update the Trustee field on the Master 

Files through DTC’s Participant 

Terminal System. Ultimately, and as set 

forth below, this information will be 

updated through DTC’s UW 

(underwriting) Source System by 

underwriters at the time of issue 

eligibility. This change requires DTC to 

update the UW Source System to 


erowe on DSK5CLS3C1PROD with NOTICES
Federal Register / Vol. 75, No. 188 / Wednesday, September 29, 2010 / Notices 60159 

3 15 U.S.C. 78q–1. 4 17 CFR 200.30–3(a)(12). 

designate trustee data as a mandatory 

field at the time of eligibility. In order 

to provide the time it may take for 

underwriters to update their systems to 

populate the information required by 

this new mandatory field, DTC plans to 

implement the change to the UW Source 

System in the fourth quarter of 2011. In 

the event of a change in trustee, DTC 

will require that the new and the prior 

trustees both update the trustee 

information using the 17Ad–16 form 

used today to update transfer agent 

changes. By making the trustee 

authorization process more efficient, 

DTC will increase information flow to 

industry participants and will reduce 

the risk associated with the manual 

processing of trustee data. 

DTC believes that the proposed rule 

change is consistent with the 

requirements of Section 17A of the Act,3

as amended, and the rules and 

regulations thereunder applicable to 

DTC because the proposed rule change 

is designed to remove impediments to 

and perfect the mechanism of a national 

system for the prompt and accurate 

clearance and settlement of securities 

transactions by replacing the manual 

approval process whereby trustees of an 

issue receive access to DTC’s SPR 

service with an automated approval 

process. 

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

DTC does not believe that the 

proposed rule change will have an 

impact on or impose a burden on 

competition. 

(C) Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments relating to the 

proposed rule change have been 

solicited or received. DTC will notify 

the Commission of any written 

comments received by DTC. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period (i) 

as the Commission may designate up to 

ninety days of such date if it finds such 

longer period to be appropriate and 

publishes its reasons for so finding or 

(ii) as to which the self-regulatory 

organization consents, the Commission 

will: 

(A) By order approve or disapprove 

the proposed rule change or 

(B) Institute proceedings to determine 

whether the proposed rule change 

should be disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change, as amended, is consistent with 

the Act. Comments may be submitted by 

any of the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–DTC–2010–12 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–DTC–2010–12. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). 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 

communications 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 copying in 

the Commission’s Public Reference 

Section, 100 F Street, NE., Washington, 

DC 20549, on official business days 

between the hours of 10 a.m. and 3 p.m. 

Copies of such filing also will be 

available for inspection and copying at 

the principal office of DTC and on 

DTC’s Web site at http://www.dtcc.com/ 

legal/rule_filings/dtc/2010.php. All 

comments received will be posted 

without change; the Commission does 

not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. All 

submissions should refer to File 

Number SR–DTC–2010–12 and should 

be submitted on or before October 20, 

2010. 

For the Commission by the Division of 

Trading and Markets, pursuant to delegated 

authority.4

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–24452 Filed 9–28–10; 8:45 am] 

BILLING CODE 8010–01–P 

DEPARTMENT OF STATE 

[Public Notice 7189] 

Determination Concerning the Bolivian 

Military and Police Under the 

Department of State, Foreign 

Operations, and Related Programs 

Appropriations Act, 2010 

Pursuant to the authority vested in the 

Secretary of State, including under the 

heading ‘‘International Narcotics Control 

and Law Enforcement’’ of the 

Department of State, Foreign 

Operations, and Related Programs 

Appropriations Act, 2010 (Div. F, Pub. 

L. 111–117), I hereby determine that the 

Government of Bolivia is investigating, 

prosecuting, and punishing military and 

police personnel who have been 

credibly alleged to have violated 

internationally recognized human 

rights. 

This Determination shall be 

transmitted to the Congress and 

published in the Federal Register. 

Dated: September 17, 2010. 

Hillary Rodham Clinton, 

Secretary of State. 

[FR Doc. 2010–24418 Filed 9–28–10; 8:45 am] 

BILLING CODE 4710–29–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

[Docket No. USTR–2010–0026] 

WTO Dispute Settlement Proceeding 

Regarding China—Certain Measures 

Affecting Electronic Payment Services 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Notice; request for comments. 

SUMMARY: The Office of the United 

States Trade Representative (‘‘USTR’’) is 

providing notice that on September 15, 

2010, the United States requested 

consultations with the People’s 

Republic of China (‘‘China’’) under the 

Marrakesh Agreement Establishing the 

World Trade Organization (‘‘WTO 

Agreement’’) concerning issues relating 


erowe on DSK5CLS3C1PROD with NOTICES