[Federal Register Volume 66, Number 24 (Monday, February 5, 2001)]
[Notices]
[Page 8988]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-2956]


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SECURITIES AND EXCHANGE COMMISSION

[Release 34-43900; File No. 600-23]


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

January 29, 2001.
    Notice is hereby given that on January 10, 2001, the Government 
Securities Clearing Corporation (``GSCC'') filed with the Securities 
and Exchange Commission (``Commission'') a request asking that the 
Commission grant GSCC full registration as a clearing agency or in the 
alternative extend GSCC's temporary registration as a clearing agency 
until such time as the Commission is able to grant GSCC permanent 
registration.\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 July 31, 2001.
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    \1\ Letter from Jeffrey F. Ingber, General Counsel and Managing 
Director, GSCC (January 10, 2001).
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    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 January 31, 2001.\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. 25740 (May 24, 1988), 
53 FR 19639; 29236 (May 24, 1991), 56 FR 24852; 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; 42335 (January 12, 2000), 65 FR 3509; and 
43089 (July 28, 2000), 65 FR 48032.
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    The Commission today is extending GSCC's temporary registration as 
a clearing agency in order that GSCC may continue to act as a clearing 
agency while the Commission seeks comment on granting GSCC permanent 
registration as a clearing agency. The Commission expects to publish 
notice requesting comments on permanent registration as a clearing 
agency during the first quarter of this year.
    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. Copies of the application for 
registration and all written comments will be available for inspection 
at the Commission's Public Reference Room, 450 Fifth Street, NW., 
Washington, DC 20549.
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    \6\ 15 U.S.C. 768s(a)(1).
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    All submissions should refer to File No. 600-23 and should be 
submitted by February 26, 2001.
    It is Therefore Ordered that GSCC's temporary registration as a 
clearing agency (File No. 600-23) be and hereby is extended through 
July 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. 01-2956 Filed 2-2-01; 8:45am]
BILLING CODE 8010-01-M