Document ID: SEC-2011-0153-0001
Agency: sec
Document Type: Proposed Rule
Title: Mine Safety Disclosure
Posted Date: 2011-02-03T05:00Z

[Federal Register Volume 76, Number 23 (Thursday, February 3, 2011)]
[Proposed Rules]
[Page 6110]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-2373]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Parts 229, 239 and 249

[Release Nos. 33-9179; 34-63794; File No. S7-41-10]
RIN 3235-AK83

Mine Safety Disclosure

AGENCY: Securities and Exchange Commission.

ACTION: Proposed rule; extension of comment period.

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SUMMARY: The Securities and Exchange Commission is extending the 
comment period for a release proposing amendments to its rules to 
implement Section 1503 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act. [Release No. 33-9164; 75 FR 80374 (December 
22, 2010)]. The original comment period for Release No. 33-9164 is 
scheduled to end on January 31, 2011. The Commission is extending the 
time period in which to provide the Commission with comments on that 
release for 30 days until Wednesday, March 2, 2011. This action will 
allow interested persons additional time to analyze the issues and 
prepare their comments.

DATES: Comments should be received on or before March 2, 2011.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/proposed.shtml);
     Send an e-mail to rule-comments@sec.gov. Please include 
File Number S7-41-10 on the subject line; or
     Use the Federal Rulemaking Portal (http://www.regulations.gov). Follow the instructions for submitting comments.

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 S7-41-10. This file number 
should be included on the subject line if e-mail is used. To help us 
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/proposed.shtml). Comments 
are also 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. All comments received will be posted without change; we do not 
edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Jennifer Zepralka, Senior Special 
Counsel, or Jennifer Riegel, Attorney-Advisor, Division of Corporation 
Finance at (202) 551-3300, at the U.S. Securities and Exchange 
Commission, 100 F Street, NE., Washington, DC 20549.

SUPPLEMENTARY INFORMATION: The Commission has requested comment on a 
release proposing amendments to its rules to implement Section 1503 of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act (the 
``Act''). Section 1503(a) of the Act requires issuers that are 
operators, or that have a subsidiary that is an operator, of a coal or 
other mine to disclose in their periodic reports filed with the 
Commission information regarding specified health and safety 
violations, orders and citations, related assessments and legal 
actions, and mining-related fatalities. Section 1503(b) of the Act 
mandates the filing of a Form 8-K disclosing the receipt of certain 
orders and notices from the Mine Safety and Health Administration. The 
disclosure requirements set forth in the Act are currently in 
effect,\1\ but the Commission is proposing to amend its rules to 
implement and specify the scope and application of the disclosure 
requirements set forth in the Act and to require a limited amount of 
additional disclosure to provide context for certain items required by 
the Act. This release was published in the Federal Register on December 
22, 2010.
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    \1\ See Section 1503(f) of the Act.
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    The Commission originally requested that comments on the release be 
received by January 31, 2011. The nature of the proposed disclosure 
requirements differs from the disclosure traditionally required by the 
Securities Exchange Act of 1934, and the proposal requested comment on 
a variety of significant aspects of the proposed rules. The Commission 
has received requests for an extension of time for public comment on 
the proposal to, among other things, allow for the collection of 
information and improve the quality of responses.\2\ The Commission 
believes that providing the public additional time to consider 
thoroughly the matters addressed by the release and to submit 
comprehensive comments to the release would benefit the Commission in 
its consideration of final rules. Therefore, the Commission is 
extending the comment period for Release No. 33-9164 ``Mine Safety 
Disclosure'' for 30 days, to Wednesday, March 2, 2011.
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    \2\ See, e.g., National Mining Association (January 3, 2011); 
National Stone, Sand & Gravel Association (January 13, 2011); and 
World Gold Council (January 7, 2011). Comments are available on the 
Commission's Internet Web site at http://www.sec.gov/comments/s7-41-10/s74110.shtml.

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    By the Commission.

    Dated: January 28, 2011.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-2373 Filed 2-2-11; 8:45 am]
BILLING CODE 8011-01-P