[Federal Register Volume 66, Number 180 (Monday, September 17, 2001)]
[Notices]
[Pages 48067-48068]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-23156]


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DEPARTMENT OF LABOR

Pension and Welfare Benefits Administration

[Exemption Application No. D-10946]


Notice of Proposed Individual Exemption to Amend Prohibited 
Transaction Exemption (PTE) 99-45, Involving Donaldson, Lufkin & 
Jenrette Securities Corporation (DLJ), Located in New York, NY

AGENCY: Pension and Welfare Benefits Administration, Department of 
Labor (the Department).

ACTION: Notice of technical correction.

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    On September 7, 2001, the Department published, in the Federal 
Register (66 FR 46826), a notice of proposed exemption amending PTE 99-
45 (64 FR 61138, November 9, 1999), a securities exemption that had 
been issued to certain broker-dealer foreign affiliates (the Foreign 
Affiliates) of DLJ based in the United Kingdom and Australia. If 
granted, the proposed exemption would expand the scope of PTE 99-45 to 
include current and future Foreign Affiliates of Credit Suisse First 
Boston Corporation (CSFB), also located in the United Kingdom and 
Australia. CSFB is an affiliate of DLJ. The proposed exemption would be 
effective as of November 3, 2000.
    On page 46827 of the proposed exemption, in the section captioned 
``Supplementary Information,'' the Department hereby amends the 
proposal by inserting the following paragraph immediately preceding the 
final paragraph of that section:

    However, to provide certainty as to the scope of the exemption, 
the Applicants request that PTE 99-45 be amended in order that it 
may also apply to CSFB and its current and future Foreign Affiliates 
in the United

[[Page 48068]]

Kingdom and Australia. In this regard, the Applicants state that 
CSFB or a Foreign Affiliate of CSFB will be subject to the same 
terms and conditions set forth in PTE 99-45.

    In addition, on page 46827 of the proposal, in the section 
captioned ``Notice to Interested Persons,'' the Department is amending 
the termination date for the comment period from ``30 days'' from the 
date of publication of the proposed exemption in the Federal Register 
to ``45 days'' from such publication date. The revised time frame will 
then conform with the October 22, 2001 final date for the receipt of 
comments and hearing requests referenced on page 46827 in the Dates 
section of the proposal.

FOR FURTHER INFORMATION CONTACT: Ms. Jan D. Broady of the Department at 
(202) 219-8881. (This is not a toll-free number.)

    Signed at Washington, DC, this 11th day of September, 2001.
Ivan L. Strasfeld,
Director of Exemption Determinations, Pension and Welfare 
BenefitsAdministration, U.S. Department of Labor.
[FR Doc. 01-23156 Filed 9-14-01; 8:45 am]
BILLING CODE 4510-29-P