Sunshine Act Meeting, 8411 [05-3291]
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Federal Register / Vol. 70, No. 33 / Friday, February 18, 2005 / Notices
investments so as to attract private
investment to areas where it is needed;
Reg CC 203.1(b)(1)(iii), and (3) to assist
in identifying possible discriminatory
lending patterns and enforcing antidiscrimination statues. Reg C
203.1(b)(2).
Respondents: Credit unions.
Estimated No. of Respondents/Record
keepers: 1,996.
Estimated Burden Hours Per
Response: 41.46 hours.
Frequency of Response: Recordkeeping, third party disclosure and
reporting annually.
Estimated Total Annual Burden
Hours: 82,765 hours.
Estimated Total Annual Cost: 0.
By the National Credit Union
Administration Board on February 11, 2005.
Mary Rupp,
Secretary of the Board.
[FR Doc. 05–3138 Filed 2–17–05; 8:45 am]
BILLING CODE 7535–01–P
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 21,
2005:
A Closed Meeting will be held on
Thursday, February 24, 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 Glassman, 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 Thursday,
February 24, 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 a
VerDate jul<14>2003
15:41 Feb 17, 2005
Jkt 205001
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 15, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05–3291 Filed 2–16–05; 11:13 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–51201; File No. SR–Amex–
2005–18]
Self-Regulatory Organizations; Notice
of Filing and Order Granting
Accelerated Approval of a Proposed
Rule Change by the American Stock
Exchange LLC Relating to the
Retroactive Suspension of Transaction
Fees in Connection With the iShares
COMEX Gold Trust
February 14, 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
7, 2005, the American Stock Exchange
LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I and II below, which Items
have been prepared by the Amex. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons and is
approving the proposal on an
accelerated basis.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to apply
retroactively a suspension of Amex
transaction charges for specialist,
registered trader, broker-dealer and
customer orders for the iShares COMEX
Gold Trust (the ‘‘Gold Trust’’) from
January 28, 2005 through January 31,
2005. The text of the proposed rule
change is available on Amex’s Web site:
https://www.amex.com, at the Amex’s
Office of the Secretary, and the
Commission’s Public Reference Room.
PO 00000
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00075
Fmt 4703
Sfmt 4703
8411
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
Amex included statements concerning
the purpose of and basis for the
proposal and discussed any comments it
received regarding the proposal. The
text of these statements may be
examined at the places specified in Item
III below. The Amex has prepared
summaries, set forth in Sections A, B,
and C below, of the most significant
aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Amex proposed, in a companion
filing (SR–Amex–2005–14), to suspend
transaction charges in the Gold Trust
through February 28, 2005 for specialist,
registered trader, broker-dealer and
customer orders.3 The Gold Trust
commenced trading on the Exchange on
January 28, 2005; however, the filing to
suspend transaction charges for
specialists, registered traders, brokerdealers and customers was not filed
with the Commission until February 1,
2005. As such, market participants were
charged according to the existing fee
schedule for trust issued receipts
(‘‘TIRs’’) from January 28, 2005 through
January 31, 2005.
Under the current fee schedule, offfloor orders (i.e., customer and brokerdealer) are charged $.0060 per share
($0.60 per 100 shares), capped at $100
per trade (16,667 shares). Orders entered
electronically into the Amex Order File
(‘‘System Orders’’) from off the Floor for
up to 5,099 shares are not assessed a
transaction charge. This provision,
however, does not apply to System
Orders of a member or member
organization trading as an agent for the
account of a non-member competing
market maker. System Orders over 5,099
shares currently are subject to a $.0060
per share transaction charge, capped at
$100 per trade. Specialists are charged
$0.0033 ($0.33 per 100 shares), capped
at $300 per trade (90,909 shares).
Registered traders are charged $0.0036
($0.36 per 100 shares), capped at $300
per trade (83,333 shares).
Under the proposed rule change, the
Exchange is suspending all transaction
charges in the Gold Trust for specialist,
registered trader, broker-dealer and
3 See Securities Exchange Act Release No. 51185
(February 10, 2005) (File No. SR–Amex–2005–14).
This proposal was filed pursuant to Section
19(b)(3)(A) of the Act and was effective upon filing.
E:\FR\FM\18FEN1.SGM
18FEN1
Agencies
[Federal Register Volume 70, Number 33 (Friday, February 18, 2005)]
[Notices]
[Page 8411]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3291]
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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 21, 2005:
A Closed Meeting will be held on Thursday, February 24, 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 Glassman, 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 Thursday,
February 24, 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 a
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 15, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. 05-3291 Filed 2-16-05; 11:13 am]
BILLING CODE 8010-01-P