Sunshine Act Meeting, 6914 [05-2662]
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6914
Federal Register / Vol. 70, No. 26 / Wednesday, February 9, 2005 / Notices
REAL INTEREST RATES ON TREASURY NOTES AND BONDS OF SPECIFIED MATURITIES
[In percent]
3-Year
5-Year
7-Year
10-Year
30-Year
1.7
2.0
2.3
2.5
3.1
Analyses of programs with terms different
from those presented above may use a linear
interpolation. For example, a four-year
project can be evaluated with a rate equal to
the average of the three-year and five-year
rates. Programs with durations longer than 30
years may use the 30-year interest rate.
Dated: February 7, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05–2662 Filed 2–7–05; 3:59 pm]
[FR Doc. 05–2474 Filed 2–8–05; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
BILLING CODE 3110–01–P
BILLING CODE 8010–01–P
(Release No. 34–51125; File No. SR–PCX–
2005–15)
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold the following
meeting during the week of February 14,
2005:
A Closed Meeting will be held on
Tuesday, February 15, 2005 at 2 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters may also be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), (9)(B), and
(10) and 17 CFR 200.402(a)(3), (5), (7),
9(ii) and (10), permit consideration of
the scheduled matters at the Closed
Meeting.
Commissioner Goldschmid, as duty
officer, voted to consider the items
listed for the closed meeting in closed
session.
The subject matter of the Closed Meeting
scheduled for Tuesday, February 15, 2005,
will be:
Formal orders of investigations;
Institution and settlement of injunctive
actions; and
Institution and settlement of administrative
proceedings of an enforcement nature;
and
Litigation matter.
At times, changes in Commission priorities
require alterations in the scheduling of
meeting items. For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please contact:
The Office of the Secretary at (202) 942–
7070.
VerDate jul<14>2003
16:49 Feb 08, 2005
Jkt 205001
Self-Regulatory Organizations; Notice
of Filing of Proposed Rule Change by
the Pacific Exchange, Inc. Relating To
Primary Only Orders
February 2, 2005.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’).1 and Rule 19b–4 thereunder,2
notice is hereby given that on February
1, 2005, the Pacific Exchange, Inc.
(‘‘PCS’’ and ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the PCX. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
1. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change.
The PCX, through its wholly-owned
subsidiary PCX Equities, Inc. (‘‘PCXE’’),
proposed to amend its PCXE Rule
7.31(x) to provide that the Primary Only
Order (‘‘PO Order’’) may apply to
Nasdaq securities traded on the
Archipelago Exchange (‘‘ArcaEx’’)
facility, and may be either market or
limit orders. The test of the proposed
rule change is available on the PCX’s
Web site (https://www.pacificex.com), at
the PCX’s Office of the Secretary and at
the Commission’s Public Reference
Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change.
In its filing with the Commission, the
PCX included statements concerning the
purpose of and basis for the proposed
PO 00000
1 15
2 17
U.S.C. 78s(b)(1)
CFR 240.19b–4.
Frm 00086
Fmt 4703
Sfmt 4703
rule change. The text of these statements
may be examined at the places specified
in Item IV below. The PCX has prepared
summaries, set forth in Section A, B and
C below, of the most significant aspects
of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change.
1. Purpose
As part of its continuing efforts to
enhance participation on the ArcaEx
facility, the PCX is proposing to amend
PCXE Rule 7.31(x) to clarify that PO
Orders may also apply to Nasdaq
securities, and may be either market or
limit orders.
Currently, PCXE Rule 7.31(x) defines
PO Orders as market orders that are
routed to the primary market, and
applies only to exchange-listed
securities.3 ArcaEx proposes to expand
the PO Order functionality to include
Nasdaq securities and modify Rule
7.31(x) accordingly. As such, the
Exchange proposes to delete the
language in PCXE Rule 7.31(x), which
limits the PO Order functionality to
exchange-listed securities only and
proposes minor changes to indicate that
PO Orders may be either market or limit
orders. Further, PO market orders in
Nasdaq securities received prior to 6:28
a.m. PT will be marked ‘‘OO’’ (OnOpen 4) and will be routed to Nasdaq for
possible participation in Nasdaq’s
Opening Cross. The unexecuted shares
that are sent back to ArcaEx after the
Market Order Auction 5 will be
processed as regular market orders in
the Core Session as described in PCXE
Rule 7.37. Any PO Market orders
marked OO that are sent back to ArcaEx
before ArcaEx conducts the Market
Order Auction will be cancelled back to
the customer.
The Exchange believes that
implementing these changes will
3 The Exchange currently interprets and will
continue to interpret under this proposal the term
‘‘primary market’’ as the market which has the
authority to declare a regulatory halt.
4 ‘‘On Open’’ or ‘‘OO’’ is a marking recognized by
the Nasdaq stock market as an order type executable
only during Nasdaq’s Opening Cross. Further,
market orders sent with an ‘‘OO’’ designator are
treated as market on-open orders by Nasdaq.
5 See PCXE Rule 7.35.
E:\FR\FM\09FEN1.SGM
09FEN1
Agencies
[Federal Register Volume 70, Number 26 (Wednesday, February 9, 2005)]
[Notices]
[Page 6914]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-2662]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Public Law 94-409, that the Securities
and Exchange Commission will hold the following meeting during the week
of February 14, 2005:
A Closed Meeting will be held on Tuesday, February 15, 2005 at 2
p.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the Closed Meeting.
Certain staff members who have an interest in the matters may also be
present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (7), (9)(B), and (10) and 17 CFR
200.402(a)(3), (5), (7), 9(ii) and (10), permit consideration of the
scheduled matters at the Closed Meeting.
Commissioner Goldschmid, as duty officer, voted to consider the
items listed for the closed meeting in closed session.
The subject matter of the Closed Meeting scheduled for Tuesday,
February 15, 2005, will be:
Formal orders of investigations;
Institution and settlement of injunctive actions; and
Institution and settlement of administrative proceedings of an
enforcement nature; and
Litigation matter.
At times, changes in Commission priorities require alterations
in the scheduling of meeting items. For further information and to
ascertain what, if any, matters have been added, deleted or
postponed, please contact:
The Office of the Secretary at (202) 942-7070.
Dated: February 7, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05-2662 Filed 2-7-05; 3:59 pm]
BILLING CODE 8010-01-P