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72372 Federal Register / Vol. 70, No.

232 / Monday, December 5, 2005 / Rules and Regulations

would provide additional controlled PART 71—DESIGNATION OF CLASS A, Final rule; technical
ACTION:
airspace to accommodate the new ILS CLASS B, CLASS C, CLASS D, AND amendments.
SIAP at Wenatchee/Pangborn Memorial CLASS E AIRSPACE AREAS; ROUTES;
Airport, Wenatchee, WA. Interested AND REPORTING POINTS SUMMARY: This document contains
parties were invited to participate in ■ 1. The authority citation for 14 CFR corrections to final rules which were
this rulemaking proceeding by part 71 continues to read as follows: published in the Federal Register on
submitting written comments on the Friday, January 7, 2005 (70 FR 1506).
Authority: 49 U.S.C. 106(g), 40103, 40113,
proposal to the FAA. No comments 40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959–
The rules relate to the registration,
were received. Class E airspace 1963 Comp., p. 389. disclosure and reporting requirements
designations are published in paragraph for asset-backed securities under the
6005 of FAA Order 7400.9M dated § 71.1 [Amended] Securities Act of 1933 and the Securities
August 30, 2004, and effective ■ 2. The incorporation by reference in Exchange Act of 1934.
September 16, 2004, which is 14 CFR part 71.1 of the Federal Aviation
DATES: Effective Date: December 5, 2005.
incorporated by reference in 14 CFR Administration Order 7400.9N,
Airspace Designations and Reporting The Compliance Dates are the same as
part 71.1. The Class E airspace in Release No. 33–8518.
designations listed in this document Points, dated September 1, 2005, and
will be published subsequently in that effective September 16, 2005, is FOR FURTHER INFORMATION CONTACT:
order. amended as follows: Katherine W. Hsu, Special Counsel,
Office of Rulemaking, at (202) 551–
The Rule Paragraph 6005 Class E airspace areas
extending upward from 700 feet or more
3430, Division of Corporation Finance,
This amendment to 14 CFR part 71 above the surface of the earth. U.S. Securities and Exchange
revises Class E airspace at Wenatchee, * * * * * Commission, 100 F Street, NE.,
WA, by providing additional controlled Washington, DC 20549.
ANM WA E5 Wenatchee, WA [Revised]
airspace for aircraft executing the new SUPPLEMENTARY INFORMATION: On
Wenatchee/Pangborn Municipal Airport, WA
ILS SIAP at the Wenatchee/Pangborn (Lat. 47°23′56″ N., long. 120°12′24″ W.) December 22, 2004, the Commission
Memorial Airport. This additional Wenatchee VOR/DME adopted changes to address
controlled airspace extending upward (Lat. 47°23′59″ N., long. 120°12′39″ W.) comprehensively the registration,
from 700 feet or more above the surface That airspace extending upward from 700 disclosure, and reporting requirements
is necessary for the containment and feet above the surface within 4.3 miles south for asset-backed securities under the
safety of IFR aircraft executing this SIAP and 9.5 miles north of the 299° radial from Securities Act of 1933 (‘‘Securities Act’’)
the Wenatchee VOR/DME to 17 miles
and transitioning to/from the en route northwest of the VOR/DME, and within 4.3 and the Securities Exchange Act of
environment. miles southwest and 8 miles northeast of the 1934.1 Items 1100 and 1105 2 of
The FAA has determined that this 124° radial from the VOR/DME to 21 miles Regulation AB 3 and General Instruction
regulation only involves an established southeast of the VOR/DME, excluding that I.B. to Form S–3 4 under the Securities
portion within the Moses Lake, Grant Act in the final regulations, as
body of technical regulations for which County, and Quincy Airport, WA, Class E
frequent and routine amendments are airspace areas; that airspace extending published, contain errors that need
ncessary to keep the regulations current. upward from 1,200 feet above the surface correction. We are also correcting
Therefore, this regulation: (1) Is not a bounded by a line beginning at: Lat. language in paragraph 4 of the
‘‘significant regulatory action’’ under 47°36′00″ N., long. 120°43′00″ W.; to lat. certification for asset-backed issuers
47°36′00″ N., long. 119°39′30″ W.; to lat. required by paragraph (b)(31)(ii) of Item
Executive Order 12866; (2) is not a 47°07′00″ N., long. 119°39′30″ W.; to lat.
‘‘significant rule’’ under DOT 47°07′00″ N., long. 120°43′00″ W.; to the 601 5 of Regulation S–K 6 to conform to
Regulatory Policies and Procedures (44 point of beginning. Excluding that portion the corresponding provisions in Item
FR 11034; February 26, 1979); and (3) within the Moses Lake, Grant County 1123 7 of Regulation AB.
does not warrant preparation of a Airport, WA, Class E airspace area.
Text of Amendments
regulatory evaluation as the anticipated * * * * *
impact is so minimal. Since this is a Issued in Seattle, Washington, on List of Subjects in 17 CFR Parts 229 and
routine matter that will only affect air November 10, 2005. 239
traffic procedures and air navigation, it Raul C. Treviño,
Reporting and recordkeeping
is certified that this rule, when Area Director, Western En Route and Oceanic
Operations. requirements, Securities.
promulgated, will not have a significant
economic impact on a substantial [FR Doc. 05–23634 Filed 12–2–05; 8:45am] ■ In accordance with the foregoing,
number of small entities under the BILLING CODE 4910–13–M Title 17, Chapter II of the Code of
criteria of the Regulatory Flexibility Act. Federal Regulations is amended as
follows:
List of Subjects in 14 CFR Part 71 SECURITIES AND EXCHANGE
Airspace, Incorporation by reference, COMMISSION
Navigation (air). 17 CFR Parts 229 and 239 1 See Release No. 33–8518 (Dec. 22, 2004) [70 FR

Adoption of the Amendment [Release Nos. 33–8518A; 34–50905A; File 1506].


2 17 CFR 229.1100 and 17 CFR 229.1105.
No. S7–21–04]
3 17 CFR 229.1100 et seq.
■ In consideration of the foregoing, the 4 17 CFR 239.13.
Federal Aviation Administration Asset-Backed Securities
5 17 CFR 229.601.
amends 14 CFR part 71 as follows: AGENCY:Securities and Exchange 6 17 CFR 229.10 et seq.

Commission. 7 17 CFR 229.1123.

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Federal Register / Vol. 70, No. 232 / Monday, December 5, 2005 / Rules and Regulations 72373

PART 229—STANDARD B. Transaction Requirements * * * Monitoring and Analysis system) was


INSTRUCTIONS FOR FILING FORMS 5. Offerings of Investment Grade Asset- originally outlined in the President’s
UNDER SECURITIES ACT OF 1933, Backed Securities March 5, 2002, Proclamation about Steel
SECURITIES EXCHANGE ACT OF 1934 Safeguards, which also placed tariffs
AND ENERGY POLICY AND (a) * * * temporarily on many steel imports and
CONSERVATION ACT OF 1975— (b) Securities relating to an offering of provided the steel industry time to
REGULATION S–K asset-backed securities registered in restructure. The monitoring system
accordance with paragraph (a) of this outlined in the President’s Proclamation
■ 1. The authority citation for part 229 General Instruction I.B.5 where those required all importers of steel products
continues to read in part as follows: securities represent an interest in or the to obtain a license from the Department
Authority: 15 U.S.C. 77e, 77f, 77g, 77h, 77j, right to the payments of cash flows of of Commerce prior to completing their
77k, 77s, 77z–2, 77z–3, 77aa(25), 77aa(26), another asset pool and meet the Customs import summary
77ddd, 77eee, 77ggg, 77hhh, 77iii, 77jjj, requirements of Securities Act Rule documentation. The original intent was
77nnn, 77sss, 78c, 78i, 78j, 78l, 78m, 78n, 190(c)(1) through (4) (17 CFR to provide a monitoring tool to ensure
78o, 78u–5, 78w, 78ll, 78mm, 79e, 79j, 79n, 230.190(c)(1) through (4)). that the effectiveness of the safeguard
79t, 80a–8, 80a–9, 80a–20, 80a–29, 80a–30,
80a–31(c), 80a–37, 80a–38(a), 80a–39, 80b– * * * * * was not undermined by large quantities
11, and 7201 et seq.; and 18 U.S.C. 1350, Dated: November 29, 2005.
of imports originating from countries
unless otherwise noted. that were excluded from the tariffs. On
Jonathan G. Katz,
December 4, 2003, the President issued
§ 229.601 [Amended] Secretary. a proclamation that terminated the steel
■ 2. Section 229.601 is amended by [FR Doc. 05–23614 Filed 12–2–05; 8:45 am] safeguard measures, but directed the
adding the phrase ‘‘in all material BILLING CODE 8010–01–P Secretary of Commerce to continue the
respects’’ after the words ‘‘servicing monitoring system until the earlier of
agreement(s)’’ in both places that those March 21, 2005, or such time as the
words appear in paragraph (4) of the DEPARTMENT OF COMMERCE Secretary of Commerce establishes a
Certifications section that follows the replacement program. On December 9,
introductory language in paragraph International Trade Administration 2003, the Department of Commerce
(b)(31)(ii). published a notice stating that the
19 CFR Part 360 system would continue in effect as
§ 229.1100 [Amended] described in the Proclamation until
[Docket No.: 040305083–5249–03]
■ 3. Section 229.1100 is amended by March 21, 2005 (68 FR 68594).
revising the heading to the instruction RIN 0625–AA64 On August 25, 2004, the Department
to paragraph (c)(2) that reads published an advanced notice of
‘‘Instruction to Item 1101(c)(2)’’ to read Steel Import Monitoring and Analysis proposed rulemaking soliciting
‘‘Instruction to Item 1100(c)(2)’’. System comments from the public on whether
AGENCY: Import Administration, to continue the monitoring system
§ 229.1105 [Amended] beyond March 21, 2005 (69 FR 52211)
International Trade Administration,
■ 4. Section 229.1105 is amended by Department of Commerce. and, if extended, whether the system
revising the phrase ‘‘weighted average ACTION: Final rule.
should be modified in any way. The
initial pool balance’’ in the second Department received a number of
sentence of paragraph (a)(3)(iii) to read SUMMARY: The Department of Commerce submissions from a wide range of
‘‘weighted average initial loan balance’’. publishes this action to make final an interested parties, including steel
interim final rule that extended and producers, steel consumers, steel
PART 239—FORMS PRESCRIBED expanded the Steel Import Monitoring suppliers, and importers as well as
UNDER THE SECURITIES ACT OF 1933 and Analysis (SIMA) system until Congressional and foreign interests. On
March 21, 2009. This action also March 11, 2005, the Department
■ 5. The authority citation for part 239 published an interim final rule
continues to read in part as follows: expands the list of covered items to
include all basic steel mill products, but responding to these comments from the
Authority: 15 U.S.C. 77f, 77g, 77h, 77j, 77s, it also removes certain downstream steel public and implementing a slightly
77z–2, 77sss, 78c, 78l, 78m, 78n, 78o(d), expanded version of SIMA until March
products, which were formerly covered
78u–5, 78w(a), 78ll(d), 79e, 79f, 79g, 79j, 79l, 21, 2009. The Department received
79m, 79n, 79q, 79t, 80a–8, 80a–24, 80a–26, products (certain fittings and flanges,
certain cold formed shapes, and certain forty-two submissions from a wide
80a–29, 80a–30, and 80a–37, unless
otherwise noted. bars). The purpose of the SIMA system range of interested parties. Please refer
is to provide statistical data on steel to the SIMA system’s Web site to read
■ 6. Form S–3 is amended by revising imports entering the United States seven the comments on the Interim Rule and
paragraph (b) of General Instruction weeks earlier than is otherwise publicly for further information about the SIMA
I.B.5. to read as follows: available. The data collected on the system: http://ia.ita.doc.gov/steel/
Note: The text of Form S–3 does not, and licenses are made available to the public license/.
this amendment will not, appear in the Code in an aggregated form weekly after Final Rule
of Federal Regulations. Commerce review.
The purpose of the SIMA system is to
DATES: This final rule is effective collect timely detailed statistics on steel
Form S–3 December 5, 2005. imports and to provide stakeholders
* * * * * FOR FURTHER INFORMATION CONTACT: For with information about import trends in
General Instructions information on the SIMA system, please this sector. The SIMA system aggregates
contact Kelly Parkhill (202) 482–3791; detailed import statistics it collects from
I. Eligibility Requirements for Use of Julie Al-Saadawi (202) 482–1930. internet-generated licenses and makes
Form S–3 SUPPLEMENTARY INFORMATION: The SIMA the data available for public analysis on
* * * * * system (formerly referred to as Steel a weekly basis. The data gathering

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