[Federal Register: June 26, 2009 (Volume 74, Number 122)]
[Notices]               
[Page 30643]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26jn09-149]                         

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DEPARTMENT OF LABOR

Employee Benefits Security Administration

[Application Number D-11552]

 
Withdrawal of the Notice of Proposed Exemption Involving Barclays 
Bank PLC and Barclays Capital Inc. (Applicants) Located, Respectively, 
in London, England and New York, NY

    In the March 26, 2009 issue of the Federal Register, at 74 FR 
13250, the Department of Labor (the Department) published a notice of 
proposed exemption from the prohibited transaction restrictions of the 
Employee Retirement Income Security Act of 1974, as amended and from 
certain taxes imposed by the Internal Revenue Code of 1986. The notice 
of proposed exemption, if granted, would have replaced and modified 
exemptive relief, previously provided pursuant to Prohibited 
Transaction Exemption 96-62, for the Applicants' securitization 
activities, which generally permits employee benefit plans to purchase, 
hold, sell or exchange certain securities representing interests in 
asset-backed or mortgage-backed investment pools.
    By e-mail dated June 1, 2009, the Applicants requested that the 
application for exemption be withdrawn.
    Accordingly, the notice of proposed exemption is hereby withdrawn.

    Signed at Washington, DC, this 22nd day of June, 2009.
Ivan L. Strasfeld,
Director, Office of Exemption Determinations, Employee Benefits 
Security Administration.
[FR Doc. E9-15156 Filed 6-25-09; 8:45 am]

BILLING CODE 4510-29-P