[Federal Register Volume 76, Number 161 (Friday, August 19, 2011)]
[Proposed Rules]
[Page 51922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-21182]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-109006-11]
RIN 1545-BK13


Modifications of Certain Derivative Contracts; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking by cross-reference 
to temporary regulations.

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SUMMARY: This document contains corrections to a notice of proposed 
rulemaking by cross-reference to temporary regulations (REG-109006-11) 
relating to whether an exchange for purposes of Sec.  1.1001-1(a) 
occurs for the nonassigning counterparty when there is an assignment of 
certain derivative contracts. It was published in the Federal Register 
on Friday, July 22, 2011 (76 FR 43957).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Andrea M. Hoffenson, (202) 622-3920 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The correction notice that is the subject of this document is under 
section 1001 of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking by cross-reference 
to temporary regulations (REG-109006-11) contains errors that may prove 
to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
by cross-reference to temporary regulations (REG-109006-11), which was 
the subject of FR Doc. 2011-18531, is corrected as follows:
    1. On page 43957, column 2, in the preamble, under the caption FOR 
FURTHER INFORMATION CONTACT:, second line, the language ``Andrea 
Hoffenson, (202) 622-3920'' is corrected to read ``Andrea M. Hoffenson, 
(202) 622-3920;''.
    2. On page 43957, column 4, in the preamble, under the paragraph 
heading ``Drafting Information'', third line, the language ``Office of 
Associate Chief Council'' is corrected to read ``Office of Associate 
Chief Counsel''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-21182 Filed 8-18-11; 8:45 am]
BILLING CODE 4830-01-P