[Federal Register Volume 67, Number 59 (Wednesday, March 27, 2002)]
[Notices]
[Page 14755]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-7292]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release 34-45607; File No. 600-22]


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

March 20, 2002.
    Pursuant to section 19(a) of the Securities Exchange Act of 1934 
(``Act''),\1\ notice is hereby given that on February 8, 2002, MBS 
Clearing Corporation (``MBSCC'') filed with the Securities and Exchange 
Commission (``Commission'') a request that the Commission grant MBSCC 
full registration as a clearing agency or in the alternative extend 
MBSCC's temporary registration as a clearing agency until such time as 
the Commission is able to grant MBSCC permanent registration.\2\ The 
Commission is publishing this notice and order to solicit comments from 
interested persons and to extend MBSCC's temporary registration as a 
clearing agency through June 30, 2002.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(a).
    \2\ Letter from Jeffrey F. Ingber, Managing Director, General 
Counsel and Secretary, MBSCC (February 8, 2002).
---------------------------------------------------------------------------

    On February 2, 1987, pursuant to sections 17A(b) and 19(a) of the 
Act \3\ and Rule 17Ab2-1 promulgated thereunder,\4\ the Commission 
granted MBSCC registration as a clearing agency on a temporary basis 
for a period of eighteen months.\5\ The Commission subsequently has 
extended MBSCC's registration through March 31, 2002.\6\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 78q-1(b) and 78s(a).
    \4\ 17 CFR 240.17Ab2-1.
    \5\ Securities Exchange Act Release No. 24046 (February 2, 
1987), 52 FR 4218.
    \6\ Securities Exchange Act Release Nos. 25957 (August 2, 1988), 
53 FR 29537; 27079 (July 31, 1989), 54 FR 34212; 28492 (September 
28, 1990), 55 FR 41148; 29751 (September 27, 1991), 56 FR 50602; 
31750 (January 21, 1993), 58 FR 6424; 33348 (December 15, 1993), 58 
FR 68183; 35132 (December 21, 1994), 59 FR 67743; 37372 (June 26, 
1996), 61 FR 35281; 38784 (June 27, 1997), 62 FR 36587; 39776 (March 
20, 1998), 63 FR 14740; 41211 (March 24, 1999), 64 FR 15854; 42568 
(March 23, 2000), 65 FR 16980; 44089 (March 21, 2001), 66 FR 16961; 
and 44831 (September 21, 2001) 66 FR 49728.
---------------------------------------------------------------------------

    The Commission today is extending MBSCC's temporary registration as 
a clearing agency so that MBSCC may continue to act as a clearing 
agency while the Commission seeks comment on granting MBSCC permanent 
registration as a clearing agency. The Commission expects to publish 
notice requesting comments on permanent registration as a clearing 
agency during the calendar year 2002.
    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 institution proceedings to determine whether 
registration should be denied in accordance with section 19(a)(1) of 
the Act.\7\ 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 amended 
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. All submissions should refer to File 
No. 600-22 and should be submitted by April 17, 2002.
---------------------------------------------------------------------------

    \7\ 15 U.S.C. 78s(a)(1).
---------------------------------------------------------------------------

    It is therefore ordered that MBSCC's temporary registration as a 
clearing agency (File No. 600-22) be and hereby is extended through 
June 30, 2002.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 02-7292 Filed 3-26-02; 8:45 am]
BILLING CODE 8010-01-P