11190 Federal Register / Vol. 66, No. 36 / Thursday, February 22, 2001 / Notices

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

2The proposed procedures, attached as Exhibit B

to DTC’s proposed rule change, are available for

inspection and copying in the Commission’s Public

Reference Room and the principal office of DTC.

Department of Housing and Urban

Development

Staff Assistant to the Director, Office

of Executive Scheduling. Effective

December 8, 2000.

Director, Office of Press Relations to

the Assistant Secretary for Public

Affairs. Effective December 13, 2000.

Advance Coordinator to the Director

of Executive Scheduling. Effective

December 18, 2000.

Department of the Interior

Special Assistant to the Assistant

Secretary for Policy, Management and

Budget. Effective December 21, 2000.

Special Assistant to the Director,

Office of Intergovernmental Affairs.

Effective December 21, 2000.

Department of Labor

Special Assistant to the Assistant

Secretary for Congressional and

Intergovernmental Affairs. Effective

December 11, 2000.

Special Assistant to the Assistant

Secretary for Employment and Training.

Effective December 11, 2000.

Director, Intergovernmental Affairs to

the Assistant Secretary for

Congressional and Intergovernmental

Affairs. Effective December 11, 2000.

Special Assistant to the Director of the

Women’s Bureau. Effective December

15, 2000.

Special Assistant to the Solicitor of

Labor. Effective December 15, 2000.

Special Assistant to the Assistant

Secretary for Administration and

Management. Effective December 15,

2000.

Special Assistant to the Director,

Women’s Bureau. Effective December

21, 2000.

Special Assistant to the Assistant

Secretary, Employment Standards

Administration. Effective December 28,

2000.

Department of Transportation

Associate Director for Media Relations

and Special Projects to the Assistant to

the Secretary and Director of Public

Affairs. Effective December 19, 2000.

Department of the Treasury

Senior Advisor to the Assistant

Secretary for Financial Institutions.

Effective December 1, 2000.

Department of Veterans Affairs

Executive Assistant to the Assistant

Secretary for Congressional Affairs.

Effective December 13, 2000.

National Aeronautics and Space

Administration

Senior Policy Advisor to the Deputy

Associate Administrator for Policy and

Planning. Effective December 21, 2000.

Office of Government Ethics

Confidential Assistant to the Director,

Office of Government Ethics. Effective

December 4, 2000.

Office of Personnel Management

Special Assistant to the Director of

Communications. Effective December 7,

2000.

Special Assistant to the Director,

United States Office of Personnel

Management. Effective December 8,

2000.

Small Business Administration

Senior Advisor to the Associate

Deputy Administrator of

Entrepreneurial Development. Effective

December 8, 2000.

Authority: 5 U.S.C. 3301 and 3302; E.O.

10577, 3 CFR 1954–1958 Comp., p. 218.

Office of Personnel Management.

Steven R. Cohen,

Acting Director.

[FR Doc. 01–4366 Filed 2–21–01; 8:45 am]

BILLING CODE 6325–01–P

POSTAL SERVICE BOARD OF

GOVERNORS

Sunshine Act Meeting

TIMES AND DATES: 1 p.m., Monday,

March 5, 2001; 8:30 a.m., Tuesday,

March 6, 2001; 10 a.m., Tuesday, March

6, 2001; and 8:30 a.m. Wednesday,

March 7, 2001.

PLACE: Washington, DC, U.S. Postal

Service Headquarters, 475 L’Enfant

Plaza, SW., in the Benjamin Franklin

Room.

STATUS: March 5 (Closed); March 6—

8:30 a.m. (Open); March 6—10 a.m.

(Closed); March 7 (Closed).

MATTERS TO BE CONSIDERED: 

Monday, March 5—1 p.m. (Closed)

1. Financial Performance.

2. Seattle, Washington, Processing

and Distribution Center Upgrades.

3. Postal Rate Commission Opinion

and Further Recommended Decision in

Docket No. R2000–1.

4. Compensation Issues.

5. Personnel Matters.

Tuesday, March 6—8:30 a.m. (Open)

1. Minutes of the Previous Meeting,

February 5–6, 2001.

2. Remarks of the Postmaster General/

Chief Executive Officer.

3. Fiscal Year 2000 Comprehensive

Statement on Postal Operations.

4. Report on Capital Metro

Operations.

5. Tentative Agenda for the April 2–

3, 2001, meeting in Chicago, Illinois.

Tuesday, March 6—10 a.m. (Closed)

1. Strategic Planning.

Wednesday, March 7—8:30 a.m.

(Closed)

1. Strategic Planning.

CONTACT PERSON FOR MORE INFORMATION:

David G. Hunter, Secretary of the Board,

U.S. Postal Service, 475 L’Enfant Plaza,

SW., Washington, DC 20260–1000.

Telephone (202) 268–4800.

David G. Hunter,

Secretary.

[FR Doc. 01–4531 Filed 2–20–01; 1:58 pm]

BILLING CODE 7710–12–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–43964; File No. SR–DTC–

00–18]

Self-Regulatory Organizations; The

Depository Trust Company; Notice of

Filing and Immediate Effectiveness of

Proposed Rule Change Relating to the

Establishment of ‘‘LENS-on-the-Web’’

Procedures and Fees

February 14, 2001.

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

Securities Exchange Act of 1934

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

November 17, 2000, The Depository

Trust Company (‘‘DTC’’) 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 DTC. The

Commission is publishing this notice to

solicit comments on the proposed rule

change from interested parties.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

The proposed rule change establishes

‘‘LENS-on-the-Web’’ procedures and

fees whereby DTC participants may

order copies of certain notices received

by DTC from a menu on DTC’s Internet

website (www.DTC.org) through DTC’s

Legal Notice System (‘‘LENS’’).2

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

Federal Register / Vol. 66, No. 36 / Thursday, February 22, 2001 / Notices 11191

3The Commission has modified the text of the

summaries prepared by DTC. 4Securities Exchange Act Release No. 29291

(June 12, 1991), 56 FR 28190 (File No. SR–DTC–91–

08) (order approving LENS use by DTC

participants).

5 Initially, DTC intends to make only certain

categories of LENS notices and LENS services

available through LENS-on-the-Web (For example,

asset backed notices and position-check capability

will not be included at the outset.). DTC will

ultimately, however, make most, if not all, LENS

notices and services available over LENS-on-theWeb, provided security issues and processing

capacity permit.

6These include notices relating to bankruptcies,

tax information, corporate status, and transfer

agents which are received by DTC and which DTC

chooses to make available to participants via LENS

and LENS-on-the-Web.

7A participant only pays for those notices that it

orders.

8 15 U.S.C. 78q–1.

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

10 17 CFR 240.19b–4(f)(4).

11 15 U.S.C. 78s(b)(3)(A)(ii).

12 17 CFR 240.19b–4(f)(2).

13 17 CFR 200.30–3(a)(12).

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 these statements.3

(A) Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

In 1991, DTC created LENS to reduce

the amount of paper that its participants

receive.4 LENS has been offered to DTC

Participants since 1991 over DTC’s

proprietary PTS 3270 terminal network.

Through the proposed rule change, DTC

is seeking to offer the same LENS

service to its participants over the

Internet.5

LENS and LENS-on-the-Web allow

participants to prescreen certain

notices 6 so that participants can avoid

receiving and, ultimately, paying for the

duplication and distribution of notices

that are irrelevant to them. LENS has

allowed, where practical, certain

enhancements to the historical notice

distribution system. Enhancements have

included: (1) The identification of

CUSIP numbers; (2) participants’ ability

to search by CUSIP; (3) participants’

access to a computer record of past

notices with automatic order capability;

(4) DTC’s distribution of certain notices

which would otherwise not be

distributed by DTC, given their length or

relative importance; and (5) equitable

billing.7

Pricing for LENS-on-the-Web will be

as follows:

Activity Description Proposed fee

Access a Notice ...................................... Unlimited viewing and/or downloading of a notice during a

single user’s online session.

$5 per notice.

Subscription ............................................ Unlimited viewing and/or downloading of notice(s) by one

or more users.

$999 per month per participant number.

E-Mail ...................................................... E-mail a notice to one or more recipients ............................. $5 per e-mail form.

DTC believes that the proposed rule

change is consistent with the

requirements of section 17A of the Act 8

and the rules and regulations

thereunder applicable to DTC because it

promotes efficiencies in the clearance

and settlement of securities

transactions.

(B) Self-Regulatory Organization’s

Statement on Burden on Competition

DTC 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, in the public

interest, and for the protection of

investors.

(C) Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants or Others

DTC has neither solicited nor received

written comments from participants.

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

The foregoing rule change has become

effective pursuant to section

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

19b–4(f)(4) 10promulgated thereunder

because it effects a change in an existing

service of DTC 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 and pursuant to section

19(b)(3)(A)(ii) 11 of the Act and Rule

19b–4(f)(2) 12 promulgated thereunder

because the proposal establishes or

changes a due, fee, or other charge

imposed by DTC. At any time within

sixty days of the filing of such 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,

including whether the proposed rule

change is consistent with the Act.

Persons making written submission

should file six copies therof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, NW.,

Washington, DC 20549–0609. 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, 450 Fifth Street, NW.,

Washington, DC 20549. Copies of such

filing also will be available for

inspection and copying at the principal

office of DTC.

All submissions should refer to File

No. SR–DTC–00–18 and should be

submitted by March 15, 2001.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.13

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 01–4354 Filed 2–21–01; 8:45 am]

BILLING CODE 8010–01–M