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Federal Register / Vol. 71, No. 51 / Thursday, March 16, 2006 / Notices

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All qualified candidates will receive careful consideration. Applications will be accepted on an ongoing basis.

Dated: March 10, 2006. Andrew L. Bates, Advisory Committee Management Officer. [FR Doc. E63815 Filed 31506; 8:45 am]

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Submission for OMB Review; Comment Request

Upon written request, copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC

20549.

Regulation AC; SEC File No. 270517;

OMB Control No. 32350575. Notice is hereby given that, pursuant

to the Paperwork Reduction Act of 1995

(44 U.S.C. 3501 et seq.), the Securities and Exchange Commission

(‘‘Commission’’) has submitted to the Office of Management and Budget a request for approval of the previously approved collection of information discussed below.

Regulation Analyst Certification

(Regulation AC) Regulation Analyst Certification under the Securities Exchange Act of 1934 requires that any research report disseminated by broker, dealer, or person associated with a broker or dealer, include certifications by the research analyst that the views expressed in the research report

accurately reflect the analysts personal views, and whether the analyst received compensation in connection with his or her specific recommendations or views.

A research analyst would also be

required to provide certifications and disclosures in connection with public appearances. Although research analysts are often viewed by investors as experts and as important sources of information about the securities and companies they cover, many factors can create pressure on their independence and objectivity. By requiring these certifications and disclosures, Regulation AC should promote the integrity of research reports and investor confidence in the recommendations contained in those reports. Commission estimates that Regulation AC would result in a total annual time burden of approximately 11,296 hours (10,950 hours to comply with research report requirements + 346 hours to comply with public appearance requirements). The collections of information under Regulation AC are necessary for covered

persons to obtain certain benefits or to comply with certain requirements. The collections of information are necessary to provide investors with information with which to determine the value of the research available to them. The Commission may review this information during periodic examinations or with respect to investigations. Covered persons must also promptly provide copies of statements that the analyst is unable to provide the certifications in connection with public appearances to its examining authority, designated pursuant to Section 17(d) of the Securities Exchange Act of 1934 and Rule 17d2 thereunder. Further, broker- dealers must keep and maintain these records pursuant to Rule 17a4(b)(4). An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the agency displays a valid OMB control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or by sending an e-mail to David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Office of Information Technology, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549. Comments must be submitted to OMB within 30 days of this notice.

March 8, 2006. Nancy M. Morris, Secretary. [FR Doc. E63805 Filed 31506; 8:45 am]

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[Release No. 3453467; File No. 81935]

Notice of an Application of Peoples Financial Corporation Under Section

12(h) of the Securities Exchange Act of

1934

March 10, 2006.

The Securities and Exchange Commission gives notice that Peoples Financial Corporation has filed an application under Section 12(h) of the Securities Exchange Act of 1934, as amended, for certain relief. Peoples states that its principal executive offices are located in Biloxi, Mississippi, which is within one of the Presidentially

Declared Disaster Areas where Individual Assistance has been authorized by the Federal Emergency Management Agency as a result of Hurricane Katrina, and that its sixteen branch facilities are also located in the Disaster Areas. In its application, Peoples asserts that the relief is necessary due to, among other things, the extraordinary impact of Hurricane Katrina on Peopless facilities, personnel, customers, and independent public accountant. For example, the application indicates that: (1) Peoples, which is a bank holding company, lost six of the sixteen branch locations of its bank subsidiary, The Peoples Bank; (2) more than twenty percent of its employees lost their homes, another twenty-five percent had serious damage to their homes and several of Peopless branches served as temporary housing for employees; and (3) company personnel have had to focus on on-going post-Katrina recovery issues such as evaluation of the loan portfolio and recovery and decontamination of items from vaults and safe deposit boxes. Further, the application states that: (1) The Biloxi, Mississippi office of Peopless independent public accountants, which housed all of their hard copy records and computer files, was destroyed and more than twenty- five percent of their professional and support staff have relocated out of the area; and (2) Peoples was the only client of its independent public accountants that is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act. Accordingly, Peoples asks the Commission to order that Peoples be required to first include the disclosures specified in paragraphs (a) and (b) of Item 308 of Regulation SK and first comply with Exchange Act Rule 13a15(c) for the fiscal year ended December 31, 2006. For a detailed statement of the information presented, all persons are referred to Peopless application, which is on file in the Commissions Public Reference Room, Station Place, 100 F Street, NE., Washington, DC 20549. The Commission also gives notice that any interested person may, not later than March 30, 2006, submit to the Commission in writing its views on any substantial facts bearing on the application or the desirability of a hearing thereon. Any such communication or a request that the Commission hold a hearing on this matter may be submitted by any of the following methods:

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Federal Register / Vol. 71, No. 51 / Thursday, March 16, 2006 / Notices

wwhite on PROD1PC61 with NOTICES

Electronic Communications

Use the Commissions Internet

comment form (http://www.sec.gov/ rules/other.shtml); or

Send an e-mail to rule-

comments@sec.gov. Please include File

Number 81935 on the subject line.

Paper Communications

Send paper comments in triplicate

to Nancy M. Morris, Secretary, Securities and Exchange Commission, Station Place, 100 F Street, NE., Washington, DC 205491090. All submissions should refer to File Number 81935. This file number should be included on the subject line if e-mail is used. To help the Commission process and review your communications more efficiently, please use only one method. The Commission will post all communications on the Commissions Internet Web site (http:// www.sec.gov/rules/other.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the application filed with the Commission, and all written communications relating to the application between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for inspection and copying in the Commissions Public Reference Room. All communications received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should be submitted on or before March 30, 2006. Persons who request a hearing or advice as to whether a hearing is ordered will receive any notices and orders issued in this matter, including the date of the hearing (if ordered) and any postponements thereof. At any time after said date, the Commission may issue an order granting the application upon request or upon the Commissions own motion.

For the Commission, by the Division of Corporation Finance, pursuant to delegated authority. Nancy M. Morris, Secretary. [FR Doc. E63778 Filed 31506; 8:45 am]

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Roundtable Series on Giving Investors and Analysts Better Financial Data Via Internet

Washington, DC, March 9, 2006The Securities and Exchange Commission announced today a series of roundtables to be held throughout 2006 at its headquarters in Washington, DC, focused on speeding the implementation of new Internet tools that will help provide investors and analysts with better financial information about companies and funds. The roundtables will review the experiences from the first year of a pilot program to use so-called interactive data for company filings with the SEC. Interactive data permits Internet users to search for and use individual items of information from financial reports, such as net income, executive compensation, or mutual fund expenses. Today, even computer-based financial information is generally presented in the form of entire pages of data that cant easily be separated. Approximately a dozen companies participated in the voluntary program in its initial year. The roundtables will also use the lessons learned from the pilot program in order to develop new ways to get analysts and investors significantly better information. Topics will include what investors and analysts are looking for in the new world of interactive data; how to accelerate the use of new software that permits the dissemination of interactive financial data; and how to best design the SECs requirements for company disclosures to take maximum advantage of the potential of interactive data. Representatives from investors, issuers, auditors, analysts, technology professionals, regulators, and others will be invited to the roundtable discussions. The first roundtable in the series will be held on Monday, June 12, from 10 a.m.noon, and will focus on how best to serve the needs of analysts and investors with interactive data. Subsequent roundtable discussions will be held later in the summer and fall. ‘‘It is now within our reach to get dramatically more useful information in the hands of investors,’’ said SEC Chairman Christopher Cox. ‘‘We look forward to these discussions on implementing interactive data initiatives that can benefit investors as quickly as possible, and we welcome the opportunity to learn from investors and other users of financial information how the SEC can improve our own disclosure program.’’

The Commission also announced that it is seeking written feedback from investors, registrants, auditors and others on their experiences with interactive data and XBRL The Commission welcomes feedback on any aspect of the use of interactive data. The information that is submitted will become part of the public record of the interactive data roundtables. Members of the public are encouraged to provide feedback throughout the year as the roundtable topics and dates are announced. Submissions to the Commission may be provided by any of the following methods:

Electronic Submissions

Use the Commissions Internet

submission form at http://www.sec.gov/ news/press.shtml; or

Send an e-mail to rule-

comments@sec.gov. Please include File

Number 4515 on the subject line.

Paper Submissions

Send paper submissions in

triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC

205491090.

All submissions should refer to File Number 4515. This file number should be included on the subject line if e-mail is used. To help process and review your submissions more efficiently, please use only one method. The Commission will post all submissions on the Commissions Internet Web site at (http://www.sec.gov/news/press/4515.shtml). Please note that all submissions received will be posted without change; the SEC does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly.

Nancy M. Morris, Secretary. [FR Doc. E63779 Filed 31506; 8:45 am]

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