We describe the infinitesimal deformations of the standard embedding of the
Lie superalgebra D(2,1;α) into the Poisson superalgebra of
pseudodifferential symbols on S1∣2. We show that for the standard
embedding of D(2,1;α) into the Poisson superalgebra of differential
operators on S1∣2, the infinitesimal deformations correspond to formal
deformations. For the embedding of D(2,1;α) into the derived contact
superconformal algebra K′(4), the infinitesimal deformations are formal
deformations.Comment: 17 pages, to be published in Journal of Geometry and Physics
60(2010), 1771-178