[Federal Register Volume 64, Number 172 (Tuesday, September 7, 1999)]
[Notices]
[Page 48682]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-23105]
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SECURITIES AND EXCHANGE COMMISSION
[Release 34-41805; File No. 600-23]
Self-Regulatory Organizations; Government Securities Clearing
Corporation; Notice and Order Extending Temporary Registration as a
Clearing Agency
August 27, 1999.
Notice is hereby given that the securities and Exchange Commission
(``Commission'') pursuant to Section 19(a) of the Securities Exchange
Act of 1934 (``Act'') \1\ is extending the Government Securities
Clearing Corporation's (``GSCC'') temporary registration as a clearing
agency through January 14, 2000.
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\1\ 15 U.S.C. 78s(a).
FOR FURTHER INFORMATION CONTACT: Jerry W. Carpenter, Assistant
Director, or Jeffrey S. Mooney, Special Counsel, at 202/942-4187,
Division of Market Regulation, Securities and Exchange Commission, 450
Fifth Street, NW, Washington, DC 20549-1001.
Background
On May 24, 1988, pursuant to Sections 17A(b) and 19(a) of the Act
\2\ and Rule 17Ab2-1 promulgated thereunder,\3\ the Commission granted
GSCC registration as a clearing agency on a temporary basis for a
period of three years.\4\ The Commission subsequently has extended
GSCC's registration through August 31, 1999.\5\
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\2\ 15 U.S.C. 78q-1(b) and 78s(a).
\3\ 17 CFR 240.17Ab2-1.
\4\ Securities Exchange Act Release No. 25740 (May 24, 1988), 53
FR 19639.
\5\ Securities Exchange Act Release Nos. 29067 (April 11, 1991),
56 FR 15652; 32385 (June 3, 1993), 58 FR 32405; 35787 (May 31,
1995), 60 FR 30324; 36508 (November 27, 1995), 60 FR 61719; 37983
(November 25, 1996), 61 FR 64183; 38698 (May 30, 1997), 62 FR 30911;
39696 (February 24, 1998), 63 FR 10253; and 41104 (February 24,
1999), 64 FR 10510.
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In the most recent extension of GSCC's temporary registration, the
Commission stated that it planned in the near future to seek comment on
granting GSCC permanent registration as a clearing agency. The
extension of GSCC's temporary registration will enable the Commission
to do so within the next few months.
It is therefore ordered that GSCC's temporary registration as a
clearing agency (File No. 600-23) be and hereby is extended through
January 14, 2000, subject to the terms set forth above.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(16).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-23105 Filed 9-3-99; 8:45 am]
BILLING CODE 8010-01-M
