[Federal Register Volume 59, Number 31 (Tuesday, February 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-3484]


[[Page Unknown]]

[Federal Register: February 15, 1994]


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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-33604; File No. 600-25]

 

Self-Regulatory Organizations; Participants Trust Company; Notice 
of Filing of a Request for Temporary Registration as a Clearing Agency

February 8, 1994.
    Pursuant to Section 19(a) of the Securities Exchange Act of 1934 
(``Act''),\1\ notice is hereby given that on January 26, 1994, the 
Participants Trust Company (``PTC'') filed with the Securities and 
Exchange Commission (``Commission'') an amendment to its Form CA-1, 
requesting the Commission to extend PTC's registration as a clearing 
agency until March 31, 1995.\2\ The Commission is publishing this 
notice to solicit comments from interested persons.
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    \1\15 U.S.C. 78s(a)
    \2\See letter from John J. Sceppa, President and Chief Executive 
Officer PTC to Judith Poppalardo, Assistant Director, Division of 
Market Regulation, Commission (January 25, 1994).
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    The Commission granted PTC temporary registration as a clearing 
agency on March 28, 1989, pursuant to Sections 17A and 19(a)(1) of the 
Act, for a period of twelve months.\3\ Subsequently, the Commission 
issued orders that extended PTC's temporary registration as a clearing 
agency, the last of which extended PTC's registration until March 31, 
1994.\4\
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    \3\See Securities Exchange Act Release No. 26671 (March 28, 
1989), 54 FR 13266.
    \4\Securities Exchange Act Release Nos. 27858 (March 28, 1990), 
55 FR 12614; 29024 (March 28, 1991), 56 FR 13848; 30537 (April 9, 
1992), 57 FR 12351; and 32040 (March 23, 1993) 58 FR 16902.
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    PTC provides depository facilities for mortgaged-backed securities, 
primarily securities guaranteed by the Government National Mortgage 
Association (``GNMA''). PTC services include certificate safekeeping, 
book entry deliveries, an automated facility for the pledge or 
segregation of securities and other services related to the 
immobilization of securities certificates.
    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing application within twenty-one days 
of the date of publication of this notice in the Federal Register. Such 
written data, views, and arguments will be considered by the Commission 
in granting registration or instituting proceedings to determine 
whether registration should be denied in accordance with Section 
19(a)(1) of the Act. Persons making written submissions should file six 
copies thereof with the Secretary, Securities and Exchange Commission, 
450 Fifth Street NW., Washington, DC 20549. Copies of the application 
and all written comments will be available for inspection at the 
Securities and Exchange Commission's Public Reference Room, 450 Fifth 
Street NW., Washington, DC 20549. all submissions should refer to File 
No. 600-25 and should be submitted by March 8, 1994.

    For the Commission, by the Division of Market Regulation 
pursuant to delegated authority.\5\
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    \5\17 CFR 200.30-3(a)(50) (1993).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 94-3484 Filed 2-14-94; 8:45 am]
BILLING CODE 8010-01-M