[Federal Register Volume 67, Number 86 (Friday, May 3, 2002)]
[Notices]
[Page 22471]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-11093]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

    Federal Register Citation of Previous Announcement: [67 FR 20846, 
April 26, 2002].
    Status: Open Meeting/Closed Meeting.
    Place: 450 Fifth Street, NW., Washington, DC.
    Date and Time of Previously Announced Meeting: April 30, 2002, at 
10:00 a.m. and Wednesday, May 1, 2002, at 10:00 a.m.
    Change in the Meeting: Deletion of Item/Additional Items.
    The following item will not be considered at the open meeting 
scheduled for Tuesday, April 30, 2002:
    Consideration of whether to issue an exemptive order under section 
36 of the Exchange Act, which would permit broker-dealers to pledge a 
wider range of collateral when entering into borrowing transactions 
governed by paragraph (b)(3) of Rule 15c3-3. The provisions in this 
paragraph apply when broker-dealers borrow fully paid and excess margin 
securities from customers. The conditions for such borrowings include 
the requirement that broker-dealers provide customers with full 
collateral consisting of certain specified financial instruments or 
cash. The order would expand the types of collateral that could be 
provided, subject to certain conditions in addition to those required 
in the Rule. The Commission also will not consider whether to delegate 
its authority to issue such orders regarding permissible collateral to 
the Director of the Division of Market Regulation.
    The following items have been added to the closed meeting scheduled 
for Wednesday, May 1, 2002:
    Formal orders of investigations.
    Commissioner Glassman, as duty officer, determined that Commission 
business required the above change and that no earlier notice thereof 
was possible.
    For further information please contact the Office of the Secretary 
at (202) 942-7070.

    Dated: April 30, 2002.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 02-11093 Filed 4-30-02; 4:43 pm]
BILLING CODE 8010-01-P