[Federal Register Volume 65, Number 151 (Friday, August 4, 2000)]
[Notices]
[Page 48032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-19734]


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SECURITIES AND EXCHANGE COMMISSION

[Release 34-43089; File No. 600-23]


Self-Regulatory Organizations; Government Securities Clearing 
Corporation; Notice of Filing and Order Approving a Request for 
Extension of Temporary Registration as a Clearing Agency

July 28, 2000.
    Notice is hereby given that on June 2, 2000, the government 
Securities Clearing Corporation (``GSCC'') filed with the Securities 
and Exchange Commission (``Commission'') a request that the Commission 
grant GSCC registration as a clearing agency on a permanent basis.\1\ 
The commission is publishing this notice and order to solicit comments 
from interested persons and to extend GSCC's temporary registration as 
a clearing agency through January 31, 2001.
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    \1\ Letter from Sal Ricca, President and Chief Operating 
Officer, GSCC (May 30, 2000).
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    On May 24, 1988, pursuant to Sections 17A(b) and 19(a) of the 
Securities Exchange Act of 1934 (``Act'') \2\ and Rule 17Ab2-1 
promulgated thereunder,\3\ the Commission granted GSCC's application 
for 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 July 31, 2000.\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; 41104 (February 24, 1999), 
64 FR 10510; 41805 (August 27, 1999), 64 FR 48682; and 42335 
(January 12, 2000), 65 FR 3509.
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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. This 
extension of GSCC's temporary registration will enable the Commission 
to do so.
    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing application. 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.\6\ Persons making written submissions should file six copies 
thereof with the Secretary, Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549-0609. Copies of the amended 
application for registration and all written comments will be available 
for inspection at the Commission's Pubic Reference Room, 450 Fifth 
Street, NW, Washington, DC 20549. All submissions should refer to File 
No. 600-23 and should be submitted by August 25, 2000.
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    \6\ 15 U.S.C. 78s(a)(1).
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    It Is Therefore Ordered that GSCC's registration as a clearing 
agency (File No. 600-23) be and hereby is temporarily approved through 
January 31, 2001.

    For the Commission by the Division of Market Regulation, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(16).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-19734 Filed 8-3-00; 8:45 am]
BILLING CODE 8010-01-M