Federal Register/Vol. 64, No. 131/Friday, July 9, 1999/Proposed Rules 37051should be applied to financial services carriers and related activities (including requested public comments on June 8,transactions with unaffiliated foreign agents, brokers, and services providers); 1999, 64 FR 30448, on proposedpersons by all parts of the consolidated investment advisors and managers and revisions to the Guides for Jewelry,U.S. enterprise combined that are funds, trusts, and other financial Precious Metals and Pewter Industriesfinancial services providers or vehicles (including mutual funds, (‘‘the Guides’’), 16 CFR part 23. Theintermediaries. Because the $3,000,000 pension funds, real estate investment Commission solicited comments untilthreshold applies separately to sales and trusts, investors, stock quotation July 8, 1999. In response to a requestpurchases, the mandatory reporting services, etc.). from an industry group, the Commissionrequirement may apply only to sales, (c) Covered types of services. The BE– grants an extension of the commentonly to purchases, or to both. 80 survey covers the following types of period.(i) The determination of whether a financial services transactions DATES: Written comments will beU.S. financial services provider or (purchases and/or sales) between U.S. accepted until August 31, 1999.intermediary is subject to this financial services providers andADDRESSES: Comments should bemandatory reporting requirement may unaffiliated ...
should be applied to financial services carriers and related activities (includingrequested public comments on June 8, transactionswithunaffiliatedforeignagents,brokers,andservicesproviders)1;999,64FR30448,onproposed persons by all parts of the consolidatedinvestment advisors and managers andrevisions to the Guides for Jewelry, U.S. enterprise combined that are funds, trusts, and other financial Precious Metals and Pewter Industries financial services providers or vehicles (including mutual funds, (``the Guides''), 16 CFR part 23. The intermediaries. Because the $3,000,000pension funds, real estate investment Commission solicited comments until threshold applies separately to sales antdrusts, investors, stock quotation July 8, 1999. In response to a request purchases, the mandatory reporting services, etc.). from an industry group, the Commission requirementmayapplyonlytosales,(c)Coveredtypesofservices.TheBEg±rantsanextensionofthecomment only to purchases, or to both. 80 survey covers the following types ofperiod. (i) The determination of whether a financial services transactions U.S. financial services provider or (purchases and/or sales) between U.S. DATES : teWrittencommentswillbe intermediary is subject to this fina rvices mandatoryreportingrequirementmayunafnficliiaaltesedforeignprpoevirdsoernss:aBnrdokerage,a A c D c D e RE p SSE d S : u nCtoilmAmugeuntssts3h1,ou1l9d9b9e. be based on the judgement of ra e knowledgeablepersonsinacompanyisnecrlvuicdiens;gufonrdeiegrnwreitxicnhgaanngdepbrriovkateegPCdieornemnctsmeyilsdvstiaoon:ni,aSReAcovroee.mt,aNrHyW±,.1F,5eW9d,aers6ah0li0nTgrtaodne, who can identify reportable transactionpslacement services; financial DC 20580. Comments should be on a recall basis, with a reasonable mana degreeofcertainty,withoutconductingservicgees,meexnctespetrcvriecdeist;ccarreddist-errevliacteesd;iPdreencitiofiuesdMaesta`l`sGauniddePsefwortetrhIenJdeuwsetrlirey,sÐ a detailed manual records search. fi (ii)Reporterswhofilepursuanttothiscarneddictucsatrdserviciecse;snsaencialadvisory mandatoryreportingrequirementmustservices;oedlyecsterrovnicfu;ndscutrriatinessfelrending F R1 O o6 R bCi F nF U R R R T oP H sa E er R tnI N 2S F 3p O Ðe R Cc M to A o T mr I , O mA N ett C no O tr. N 'n' T e A y C , T : Federal provide data on total sales and/or services; and other financial services, Trade Commission, Washington, DC purchasesofeachofthecoveredtypes(d)Whattofile.(1)TheBE±80survey20580,(202)326±3740, of financial services transactions and consists of Forms BE±80(A) and BE± <jewelry@ftc. . must disaggregate the totals by country. (2)Voluntaryreporting.Ifduringthe8800((BB)).,BaecfoonresocliodmatpeledtiUn.gS.aefnotremrpBriEse± SUPPLEMENTARY g IN o F v O > RMATION : By letter fiscal year covered, sales of purchases of financialservicesbyafirmthatisai(tisncsluubdsiindgiatrhieestoapndU.pSa.rtpsarceonmtbainndeda)llofIdnaftoerdmJautinoen2S3e,r1vi9c9e9s,'tGheemApapnrdaiJseawlelry financial services provider or intermediary,orbyafirm'ssubsidiariesdm,eutsetrmcoinmepiltestreeFpoorrtminBgEs±ta8t0u(sA.)IftothepReerfieordenbceeerxetqeunedsetdedfotrhfaotrtthy-eficvoemdamyesn,t or parts, combined that are financial enterprise is subject to the mandatory until August 23, 1999 1 .The services providers or intermediaries, are $3,000,000orless,theU.S.personisfrreopmorttihnegmreaqnudirateomryenrte,poorritfinitgisexemptCexotmenmsiisosnioonfhthaescdoetmermmeinntepdetrhioadtaans requested to provide an estimate of the totalforeachtypeofservice.Provisionrveolquunirtearmiley,ntitbsuhtocuhldooesitehsetroreportdataraellqouweasltleidntiseraepstperodpprieartseo.nTshtehreefore,to of this information is voluntary. Because (i) File a separate Form BE±80(B) for opportunity to supply the Commission the $3,000,000 threshold applies separately to sales and purchases, this each separately organized financial with written data, views and arguments voluntaryreportingoptionmayapplycsoernvsiocleidsastuebdsiUd.iSa.ryenotrerpparritseo;foartchoencGeurindiensg,tthheeCCoommmmiissssiioonn'sgrreavniteswanof only to sales, only to purchases, or to (ii) File a single BE±80(B) extension of the comment period to both. representing the sum of all covered August 31, 1999. (b) BE±80 definition of financial services provider. Except for Monetary transactions by all financial services Authorities(i.e.,CentralBanks),thescuobmsibdiinaeridesorpartsoftheenterprise Lis A t d o v f e S rt u is b i j n e g c , t s L i a n b e 1 li 6 n C g, F R T r P a a d r e t 23 definition of financial services provider . usedforthissurveyisidenticalinsu(r2v)eRyefrpoormteBrsEAwbhuotraerceeinvoettshuebjBeEct±t8o0pr A a u c t t h ic or e it s y , : 1 W 5 a t U c . h S. e C s . 4 a 1 n ± d 5 j 8 e . welry. coverage to Sector 52ÐFinance and InsuranceÐoftheNorthAmericantahnedmchaonodsaetonroytrteoproerptionrgtrdeaqtauirements By direction of the Commission. Industry Classification System, United States, 1997. For example, companies voluntarily must complete and return to Benjamin I. Berman, and/or subsidiaries and other separableBEA the Exemption Claim. [ A F c R t in D g o c S . e 9 c 9 re ± t 1 ar 7 y 4 . 32 Filed 7±8±99; 8:45 am] parts of companies in the following [FR Doc. 99±17391 Filed 7±8±99; 8:45 am] BILLING CODE 6750±01±M industries are defined as financial BILLING CODE 3510±06±M services providers: Depository credit intermediation and related activities (including commercial banking, holding FEDERALTRADECOMMISSIONCCOOMNSMIUSMSEIORNPRODUCTSAFETY companies, savings institutions, check cashing, and debit card issuing); 16 CFR Part 23 16 CFR Parts 1213, 1500, and 1513 nondepository credit intermediation Extension of Time; Guides for the Bunk Beds; Request for Additional (including credit card issuing, sales financing, and consumer lending); Jewelry, Precious Metals and Pewter Comment securities, commodity contracts, and Industries AGENCY : Consumer Product Safety other financial investments and related AGENCY : Federal Trade Commission. Commission. activities (including security and commodity futures brokers, dealers, ACTION : Extension of time for filing exchanges, traders, underwriters, public comments. ACTION : Notice of proposed rulemaking. investment bankers, and providers of SUMMARY : The Federal Trade 1 A copy of the letter has been placed on the securities custody services); insurance Commission (the ``Commission'') public record of this proceeding.
SUMMARY : The Consumer Product SafetyRockelle Hammond, Docket Control and The entrapment requirements in these Commission(``CPSC''or``Commission'C')ommunicationsSpecialist,Consumerproposedrulesareidenticaltothosein previously proposed a rule that would Product Safety Commission, the ASTM standard, with the following mandate bunk bed performance Washington, DC 20207; telephone: (301e)xceptions. requirements to reduce the hazard of 504±0800 ext. 1232. Information about 1. Definition of a bunk bed: A bed in childrenbeingentrappedinthebeds'thisrulemakingproceedingmayalsobeiwshoicvherth3e0iunncdheerssifdreomoftahneyflfooourndatihoen structures or becoming wedged betweefnound on the Commission's web site: . In t a bed and a wall. 64 FR 10245 (March www.cpsc.gov. ASTM standard, a bunk bed is defined 3, 1999). SUPPLEMENTARY INFORMATION : as a bed in which the underside of the After the original proposal, A. Background ffloouonr.dationisover35inchesfromthe discussions at meetings of a voluntary standardsgroup(ASTM)indicatedthatWithoutproperguardrailsandsafepro2.poGsueadrdtrhaaitlso:nTeheguCaormdrmaiilsssihoanllbe requirements in addition to those dimensions for openings in the bed's proposedareneededtoadequatelystructure,abunkbedmayallowachildceonndtisntruuocutsurbeest.wTeheenoetahcehrgofutahrderbieldm'sa address fatalities due to entrapment ofto be entrapped, and thus strangle or a y children's necks in the end structures osf uffocate. This can occur when the childterminate before reaching the bed's end bunk beds. Such requirements are becomes wedged between the wall andstructures, providing there is no more proposedinthisnotice,andwouldbethebedh,rowuhgehnatnheopcehinlidnsglitphsathiissotroohertghuaanrd1r5aiilnacnhdesthbeetnweeareensteitbheedreennddofthe inadditiontotherequirementstsomrsaolltforitsheadtopasshrough,orstructure.ThecurrentASTMstandard previouslyproposed.TheCommissionwhenhchildplacesitshteadinanpermitsbothguardrailstoend15inches solicits written and oral comments from t e interestedpersons.Commentsmustbeofptehneinogp,etnhienngmwohveersettoheahneaarrdocwaenrnaortefaCroo3m.mLmtoihsweseinroenbauprenrosktpeobnsededdsettrnhudacttsuttrrhueescr:teuTrshehe.all limitedtoissuesraisedbytheopullout,andthenfallsorloseshis/herbenoopeningsinhendstr additional requirements in this notice. footi t e uctures DATES : Written comments in response to ng. thisproposalmustbereceivedbytheThereisavoluntarystandardforbunbketweentheundersideofthefoundation CommissionbySeptember22,1999.Ifpbreodvsi,siAoSnTsMtoFp1r4o2t7ec±t9c6h,iltdhraetncfornotmainstohfethfeouunpdpaetriobnuonfktahnedlothweerubpupnerkstihdaetof requests for oral presentations of comments are received, the entrapment. The ASTM standard will permit the free passage of the presentations will begin at 10 a.m., Julyrequires: wedge block shown in Fig. 1 of the NPR 29, 1999, in Room 420 in the sid · esThoafttthheeureppbeergbuuanrkd,reaixlsceopntfboorthup(orpeepnriensgesntairnegaalscohliladr'gsetoernsoou)guhnlteospsetrhmeit Commission's offices at 4330 East-Wes Highway, Bethesda, MD 20814. t o 15 inches at each end of the bed; the free passage of a 9-inch diameter Requests to present oral comments · That openings in the structure sphere (to ensure the head can also pass mustbereceivedbyJuly15,1999.esunroruoguhndtionpgrtehveenutpppaerssbaugnekobfeastampalelretdpharsosuagghe).rIenqtuhireemASeTntMssatpapnldyaordn,lythtoestehat Persons requesting an oral presentation mustfileawrittentextoftheiribnlcohcekshbayvi6n.g2ainbcahsees(mreeaprseusrienngti3n.g5apboerttwioenenofththeeleevnedlosftrtuhcetulorewtehrabtuisnk presentations no later than July 22, child's torso) (See Fig 1); and foundation support system and 9.0 1999. · Thatopeningsint.heendstructuresinches(230mm)abovethesleeping ADDRESSES : Written comments, and in 9 inches abov requeststomakeoralpresentationsofswuitrfhaceofthelowerebutnhkesmleaettpriensgsbesmuartftarceessofatnhdefomuanxdiamtiuomntchoicmkbniensesdas comments, should be mailed, preferably o r infivecopies,totheOfficeoftheeoiftthheers3.m5alblye6n.o2uignhchtblpocekveonrtlapragsesagereIcnotmhemfeantdaleidncbiydtehnetsmoafneunftarcatpurmeer.ntin Secretary, Consumer Product Safety assa e o ch Commission,Washington,D.C.20207±deinaomuegthertosppherermeit(tphespgacefnaee9d-iendtotshufefiecinedntstirnufcotrumreatsioofnbwuanskabveadilsabwleh,ere 0001, or delivered to the Office of the withdraw a child's head). three occurred on beds that met the Secretary, Consumer Product Safety Because of continued reports of entrapment requirements in the ASTM Commission, Room 502, 4330 East-Wesdteaths and other incidents associated standard. Of these, two involved Highway, Bethesda, Maryland; with bunk beds, and because of entrapment in the upper bunk. In those telephone (301) 504±0800. Commentsindications there may not be adequate two incidents, an 18-month-old infant also may be filed by telefacsimile to compliance with the voluntary ASTM and a child who was almost 5 years old (301) 504±0127 or by email to cpsc- standard, the CPSC published an slipped through the space between the os@cpsc.gov. Written comments shouldadvance notice of proposed rulemakingend of the guardrail and the bed end be captioned ``NPR for Bunk Beds.'' (``ANPR'') to begin a rulemaking structure and became wedged between Requests to make oral presentations anpdroceeding that could result in the bed and a wall. These deaths are texts of presentations should be performance or other standards to addressed in the original proposal by captioned ``Oral Comment; NPR for address the risk of entrapment the requirement that one guardrail Bunk Beds.'' associated with bunk beds. 63 FR 3280extend continuously between the bed's FOR FURTHER INFORMATION CONTACT : (January 22, 1998). After considering th e nd structures. In the third incident, a Concerning the substance of the commentsreceived in response to the 22-month-old child became entrapped proposed rule: John Preston, Project ANPR, the Commission voted 2±1 to by the head in an opening between the Manager, Directorate for Engineering publish a notice of proposed rulemakingunderside of the upper bunk foundation Sciences, Consumer Product Safety (``NPR'') to propose a new 16 CFR part support and a curved structural member Commission, Washington, D.C. 20207±1213 under the Consumer Product in the bunk-bed end structure. The 0001; telephone (301) 504±0494, ext. Safety Act (``CPSA'') and a new 16 CFRCommission intended to address this 1315; email jpreston@cpsc.gov. part 1513 under the Federal Hazardousdeath in the previous proposal by Concerning requests and procedures Substances Act (``FHSA''). 64 FR 10245requiring that the torso probe in Fig. 1 for oral presentations of comments: (March 3, 1999). beapplied to all areas of the end