[Federal Register Volume 63, Number 201 (Monday, October 19, 1998)]
[Notices]
[Page 55907]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28056]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and
Exchange Commission will hold the following meetings during the week of
October 19, 1998.
An open meeting will be held on Wednesday, October 21, 1998, at
10:00 a.m. A closed meeting will be held on Thursday, October 22, 1998,
at 11:00 a.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the closed meeting.
Certain staff members who have an interest in the matters may also be
present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(4), (8), (9)(A) and (10) and 17 CFR 200.402(a)(4),
(8), (9)(i) and (10), permit consideration of the scheduled matters at
the closed meeting.
Commissioner Johnson, as duty officer, voted to consider the items
listed for the closed meeting in a closed session.
The subject matter of the open meeting scheduled for Wednesday,
October 21, 1998, at 10:00 a.m., will be: The Commission will consider
whether to adopt rules 3b-12, 3b-13, 3b-14, 3b-15, 11a1-6, 15a-1, 15b9-
2, 15c3-4, 17a-12, 36a1-1, and 36a1-2 under the Securities Exchange Act
of 1934 (``Exchange Act'') and amendments to Rule 30-3 and Exchange Act
rules 8c-1, 15b1-1, 15c2-1, 15c2-5, 15c3-1, 15c3-3, 17a-3, 17a-4, 17a-
5, 17a-11, and Form X-17A-5 (FOCUS report). The rules and rule
amendments tailor capital, margin, and other broker-dealer regulatory
requirements to a class of registered dealers, called OTC derivatives
dealers, that are active in over-the-counter derivatives markets.
Registration as an OTC derivatives dealer is an alternative to
registration as a fully regulated broker-dealer, and is available to
entities that engage in dealer activities in eligible OTC derivative
instruments and that meet certain financial responsibility and other
requirements. For further information, please contact Catherine
McGuire, Chief Counsel, Division of Market Regulation at (202) 942-
1161, or Michael Macchiaroli, Associate Director, Division of Market
Regulation at (202) 942-0132.
The subject matter of the closed meeting scheduled for Thursday,
October 22, 1998, at 11:00 a.m., will be:
Institution and settlement of injunctive actions.
Institution and settlement of administrative proceedings of an
enforcement nature.
Opinion.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items. For further information and to
ascertain what, if any, matters have been added, deleted or postponed,
please contact: The Office of the Secretary at (202) 942-7070.
Dated: October 14, 1998.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-28056 Filed 10-15-98; 8:45 am]
BILLING CODE 8010-01-M
