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8910 Federal Register / Vol. 73, No.

32 / Friday, February 15, 2008 / Notices

Commission, Printing and Graphics NRC revised its regulations to provide 13, Revision 1, on July 3, 2007 (72 FR
Branch, Washington, DC 20555–0001; a regulatory framework that includes 36526). NUREG–1556, Volume 21 was
facsimile: 301–415–2289; e-mail: these newly added radioactive finalized and published in October
Distribution@nrc.gov. materials. See Federal Register notice 2007. NUREG–1556, Volume 13,
72 FR 55864, dated October 1, 2007. As Revision 1, was finalized and published
FOR FURTHER INFORMATION CONTACT: part of the rulemaking effort to address in November 2007.
Torre Taylor, Division of the mandate of the EPAct, the NRC also
Intergovernmental Liaison and Dated at Rockville, Maryland, this 5th day
evaluated the need to revise certain of February, 2008.
Rulemaking, Office of Federal and State licensing guidance to provide necessary
Materials and Environmental For the Nuclear Regulatory Commission.
guidance to applicants in preparing
Management Programs, U.S. Nuclear Dennis K. Rathbun,
license applications to include the use
Regulatory Commission, Washington, Director, Division of Intergovernmental
of the newly added radioactive
DC 20555–0001, telephone (301) 415– Liaison and Rulemaking, Office of Federal
materials as byproduct material. Two and State Materials and Environmental
7900, e-mail: tmt@nrc.gov; or Donna- NUREG–1556 documents have been Management Programs.
Beth Howe, Ph.D., Division of Materials revised to provide additional guidance
Safety and State Agreements, Office of [FR Doc. E8–2946 Filed 2–14–08; 8:45 am]
to licensees: (1) NUREG–1556, Volume
Federal and State Materials and BILLING CODE 7590–01–P
13, Revision 1, ‘‘Consolidated Guidance
Environmental Management Programs, About Materials Licenses: Program-
U.S. Nuclear Regulatory Commission, Specific Guidance About Commercial
Washington, DC 20555–0001, telephone Radiopharmacy Licenses,’’ and (2) OFFICE OF THE UNITED STATES
(301) 415–7848, e-mail: dbh@nrc.gov. NUREG–1556, Volume 9, Revision 2, TRADE REPRESENTATIVE
SUPPLEMENTARY INFORMATION: On August ‘‘Consolidated Guidance About Anti-Counterfeiting Trade Agreement
8, 2005, the President signed into law Materials Licenses: Program-Specific
(ACTA): Request for Public Comments
the Energy Policy Act of 2005 (EPAct). Guidance About Medical Use Licenses.’’
Among other provisions, Section 651(e) Additionally, a new NUREG–1556 AGENCY: Office of the United States
of the EPAct expanded the definition of volume was developed to address Trade Representative.
byproduct material as defined in production of radioactive material using ACTION: Request for written submissions
Section 11e. of the Atomic Energy Act an accelerator. This NUREG–1556 from the public.
of 1954 (AEA), placing additional volume is entitled: Volume 21,
‘‘Consolidated Guidance About SUMMARY: The Office of the United
byproduct material under the NRC’s
Materials Licenses: Program-Specific States Trade Representative (USTR)
jurisdiction, and required the
Guidance About Possession Licenses for seeks to negotiate an anti-counterfeiting
Commission to provide a regulatory
Production of Radioactive Material trade agreement to strengthen
framework for licensing and regulating
Using an Accelerator. ‘‘ international cooperation, enforcement
these additional byproduct materials.
NUREG–1556, Volume 9, Revision 2, practices, and participants’ legal
Specifically, Section 651(e) of the provides guidance for applicants in frameworks to address counterfeiting
EPAct expanded the definition of preparing their license applications for and piracy. USTR requests written
byproduct material by: (1) Adding any the medical use of byproduct material. comments from the public concerning
discrete source of radium–226 that is Volume 9 has been revised primarily to specific matters that should be the focus
produced, extracted, or converted after provide additional guidance related to of such an agreement.
extraction, before, on, or after the date the NARM rule, including guidance DATES: Submissions must be received on
of enactment of the EPAct for use for a about consortiums and noncommercial or before 5 p.m. on Friday, March 21,
commercial, medical, or research distribution. It is also revised to clarify 2008.
activity; or any material that has been training and experience requirements,
made radioactive by use of a particle ADDRESS: All comments should be sent
and to replace NRC Form 313A with six
accelerator and is produced, extracted, (i) electronically, to the following e-mail
new NRC Form 313A forms specific to
or converted after extraction, before, on, address: ACTA@ustr.eop.gov, with
types of authorizations. References and
or after the date of enactment of the ‘‘Anti-Counterfeiting Trade Agreement
information related to Subpart J of 10
EPAct for use for a commercial, (ACTA): Request for Public Comments’’
CFR Part 35 have been removed since
medical, or research activity (Section in the subject line, or (ii) by fax, to
these regulatory requirements expired
11e.(3) of the AEA); and (2) adding any Rachel Bae, at (202) 395–3891, with a
on October 25, 2005. Additionally, other
discrete source of naturally occurring confirmation copy sent electronically to
minor changes were made that are
radioactive material, other than source administrative in nature, such as the e-mail address above.
material, that the Commission, in updating the Agreement State section FOR FURTHER INFORMATION CONTACT:
consultation with the Administrator of and updating references. Also, Rachel S. Bae, Director for Intellectual
the Environmental Protection Agency, information related to identifying and Property and Innovation, Office of the
the Secretary of the Department of protecting sensitive information was United States Trade Representative, at
Energy, the Secretary of the Department updated. (202) 395–4510.
of Homeland Security, and the head of NUREG–1556, Volume 9, Revision 2, SUPPLEMENTARY INFORMATION: On
any other appropriate Federal agency, ‘‘Consolidated Guidance About October 23, 2008, USTR announced that
determines would pose a threat similar Materials Licenses: Program-Specific the United States, along with a group of
to the threat posed by a discrete source Guidance About Medical Use Licenses,’’ trading partners, would pursue
of radium–226 to the public health and was noticed for public comment on negotiation of a new Anti-Counterfeiting
safety or the common defense and August 2, 2007 (72 FR 42442). Trade Agreement (ACTA) to provide
rwilkins on PROD1PC63 with NOTICES

security; and is extracted or converted The remaining two NUREG–1556 international leadership in the fight
after extraction before, on, or after the volumes were noticed for public against IPR counterfeiting and piracy.
date of enactment of the EPAct for use comment separately: (1) NUREG–1556, The United States and other interested
in a commercial, medical, or research Volume 21, on May 29, 2007 (72 FR parties intend to seek an agreement with
activity (Section 11e.(4) of the AEA). 29555), and (2) NUREG–1556, Volume provisions in three main areas:

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Federal Register / Vol. 73, No. 32 / Friday, February 15, 2008 / Notices 8911

international cooperation, enforcement copy sent electronically to the e-mail or any affiliated person of its own
practices, and the legal framework for address above. investment adviser.
IPR enforcement. Public Inspection of Submissions: A fund may, however, rely on an
A principal goal of the ACTA would Within one business day of receipt, non- exemption in rule 12d3–1 to acquire
be to establish, among governments confidential submissions will be placed securities issued by its subadvisers in
committed to strong IPR protection, a in a public file, open for inspection at circumstances in which the subadviser
common standard for IPR enforcement the USTR reading room, Office of the would have little ability to take
to combat global infringements of IPR United States Trade Representative, advantage of the fund, because it is not
particularly in the context of Annex Building, 1724 F Street, NW., in a position to direct the fund’s
counterfeiting and piracy that addresses Room 1, Washington, DC. An securities purchases. The exemption in
today’s challenges, in terms of appointment to review the file must be rule 12d3–1(c)(3) is available if (i) the
increasing international cooperation, scheduled at least 48 hours in advance subadviser is not, and is not an affiliated
strengthening the framework of and may be made by calling Jacqueline person of, an investment adviser that
practices that contribute to effective Caldwell at (202) 395–6186. The USTR provides advice with respect to the
enforcement of IPRs, and strengthening reading room is open to the public from portion of the fund that is acquiring the
relevant IPR enforcement measures 10 a.m. to 12 noon and from 1 p.m. to securities, and (ii) the advisory contracts
themselves. A fact sheet providing 4 p.m., Monday through Friday. of the subadviser, and any subadviser
further details on the ACTA can be that is advising the purchasing portion
found on the USTR Web site at: Stanford K. McCoy, of the fund, prohibit them from
http://www.ustr.gov/assets/ Acting Assistant USTR for Intellectual consulting with each other concerning
Document_Library/ Property and Innovation. securities transactions of the fund, and
Reports_Publications/2007/ [FR Doc. E8–2944 Filed 2–14–08; 8:45 am] limit their responsibility in providing
asset_upload_file122_13414.pdf. BILLING CODE 3190–W8–P advice with respect to discrete portions
Requirements for Comments: of the fund’s portfolio.
Comments should address specific The Commission staff estimates that
matters that should be covered by the SECURITIES AND EXCHANGE 3583 portfolios of approximately 649
ACTA in the areas of (a) international COMMISSION fund complexes use the services of one
cooperation; (b) enforcement practices; or more subadvisers. Based on
and (c) legal framework. Comments Proposed Collection; Comment discussions with industry
should be as detailed as possible. Request representatives, the staff estimates that
Comments must be in English. No Upon Written Request, Copies Available it requires approximately 6 hours to
submissions will be accepted via postal From: Securities and Exchange draft and execute revised subadvisory
service mail. Documents should be contracts allowing funds and
Commission, Office of Investor
submitted as either WordPerfect, MS subadvisers to rely on the exemptions in
Education and Advocacy,
Word, Adobe, or text (.TXT) files. rule 17a–10.1 The staff assumes that all
Washington, DC 20549–0213.
Supporting documentation submitted as existing funds amended their advisory
spreadsheets is acceptable as Quattro Extension: contracts following the adoption of rule
Pro or Excel files. A submitter Rule 12d3–1; SEC File No. 270–504; OMB
17a–10 in 2002 that conditioned certain
Control No. 3235–0561.
requesting that information contained in exemptions upon these contractual
a comment be treated as confidential Notice is hereby given that pursuant alterations, and therefore there is no
business information must certify that to the Paperwork Reduction Act of 1995 continuing burden for those funds.2
such information is business (44 U.S.C. 3501 et seq.) the Securities Based on an analysis of fund filings,
confidential and would not customarily and Exchange Commission (the the staff estimates that approximately
be released to the public by the ‘‘Commission’’) is soliciting comments 600 fund portfolios enter into
submitter. A non-confidential version of on the collections of information subadvisory agreements each year.3
the comment must also be provided. For summarized below. The Commission Based on discussions with industry
any document containing business plans to submit these existing representatives, the staff estimates that
confidential information, the file name collections of information to the Office it will require approximately 3 attorney
of the business confidential version of Management and Budget for hours 4 to draft and execute additional
should begin with the characters ‘‘BC-’’, extension and approval.
and the file name of the public version Section 12(d)(3) of the Investment 1 Rules 12d3–1, 10f–3, 17a–10, and 17e–1 require

should begin with the character ‘‘P-’’. Company Act of 1940 (15 U.S.C. 80a) virtually identical modifications to fund advisory
generally prohibits registered contracts. The Commission staff assumes that funds
The ‘‘P-’’ or ‘‘BC-’’ should be followed would rely equally on the exemptions in these
by the name of the submitter. investment companies (‘‘funds’’), and rules, and therefore the burden hours associated
Submissions should not include companies controlled by funds, from with the required contract modifications should be
separate cover letters; information that purchasing securities issued by a apportioned equally among the four rules.
2 We assume that funds formed after 2002 that
might appear in a cover letter should be registered investment adviser, broker,
intended to rely on rule 17a–10 would have
included in the submission itself. To the dealer, or underwriter (‘‘securities- included the contract provision in their initial
extent possible, any attachments to the related businesses’’). Rule 12d3–1 subadvisory contracts.
submission should be included in the ‘‘Exemption of acquisitions of securities 3 The use of subadvisers has grown rapidly over

same file as the submission itself, and issued by persons engaged in securities the last several years, with approximately 600
related businesses’’ (17 CFR 270.12d3– portfolios that use subadvisers registering between
not as separate files. December 2005 and December 2006. Based on
All comments should be sent (i) 1) permits a fund to invest up to five information in Commission filings, we estimate that
electronically, to the following e-mail percent of its assets in securities of an 31 percent of funds are advised by subadvisers.
rwilkins on PROD1PC63 with NOTICES

address: ACTA@ustr.eop.gov, with issuer deriving more than fifteen 4 The Commission staff’s estimates concerning the

‘‘Anti-Counterfeiting Trade Agreement percent of its gross revenues from wage rates for attorney time are based on salary
information for the securities industry compiled by
(ACTA): Request for Comments’’ in the securities-related businesses, but a fund the Securities Industry Association. The $292 per
subject line, or (ii) by fax, to Rachel Bae, may not rely on rule 12d3–1 to acquire hour figure for an attorney is from the SIA Report
at (202) 395–9458, with a confirmation securities of its own investment adviser Continued

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