Self-Regulatory Organizations; Pacific Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating To Exchange Fees and Charges, 28347-28348 [E5-2443]
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Federal Register / Vol. 70, No. 94 / Tuesday, May 17, 2005 / Notices
number should be included on the
subject line if e-mail is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change 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 Commission’s Public Reference
Room. Copies of such filing also will be
available for inspection and copying at
the principal office of Nasdaq. All
comments 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 refer to File
Number SR–NASD–2005–039 and
should be submitted on or before
June 7, 2005.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.12
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5–2462 Filed 5–16–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–51672; File No. SR–PCX–
2005–62]
Self-Regulatory Organizations; Pacific
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating To Exchange
Fees and Charges
May 9, 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 April 27,
2005, the Pacific Exchange, Inc. (‘‘PCX’’
or ‘‘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 PCX. The Exchange filed this
proposal pursuant to Section 19(b)(3)(A)
of the Act,3 and Rule 19b–4(f)(2)
thereunder,4 which renders the proposal
effective upon filing with the
Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
PCX proposes to amend the TradeRelated Charges portion of its Schedule
of Fees and Charges (‘‘Schedule’’). The
text of the proposed rule change is
available on PCX’s Web site (https://
www.pacificex.com), at 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,
PCX included statements concerning the
purpose of and basis for the proposed
rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. PCX has prepared
summaries, set forth in Sections A, B,
and C below, of the most significant
aspects of such statements.
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
VerDate jul<14>2003
15:22 May 16, 2005
Jkt 205001
Market Makers. The $0.21 per contract
transaction fee for Market Makers is the
same fee that was in place prior to the
adoption of the incentive program.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act,6 in general, and
furthers the objectives of Section 6(b)(4)
of the Act,7 in particular, in that it
provides for the equitable allocation of
dues, fees, and other charges among its
members.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments on the proposed
rule change were neither solicited nor
received.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of this proposed rule
change is to amend the Trade-Related
Charges portion of the Schedule in order
to eliminate an incentive program for
Market Makers with respect to
transaction charges. In December 2003,
the Exchange implemented an incentive
program for Market Makers with respect
to transaction charges.5 The purpose of
the incentive program was to secure
existing volumes and attract higher
levels of liquidity. The incentive
program has been in place for
approximately sixteen months. The
Exchange has reviewed the incentive
program and determined that it has not
had its desired effects. As such, the
Exchange is proposing to eliminate the
incentive program and reinstate the
$0.21 per contract transaction fee for
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act 8 and
subparagraph (f)(2) of Rule 19b–4
thereunder,9 because it is concerned
solely with the administration of the
Exchange. At any time within 60 days
of the filing of such proposed rule
change, the Commission may summarily
abrogate such rule change if it appears
to the Commission that such action is
necessary or appropriate in the public
interest, for the protection of investors,
or otherwise in furtherance of the
purposes of the Act.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change, as amended, is consistent with
the Act. Comments may be submitted by
any of the following methods:
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
5 See Securities Exchange Act Release No. 48976
(December 23, 2003), 68 FR 75701 (December 31,
2003).
PO 00000
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an E-mail to rulecomments@sec.gov. Please include File
3 15
4 17
12 17
28347
Frm 00079
Fmt 4703
Sfmt 4703
6 15
U.S.C. 78f(b).
U.S.C. 78f(b)(4).
8 15 U.S.C. 78s(b)(3)(A)(ii).
9 17 CFR 240.19b–4(f)(2).
7 15
E:\FR\FM\17MYN1.SGM
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28348
Federal Register / Vol. 70, No. 94 / Tuesday, May 17, 2005 / Notices
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), Executive Order 12047 of March
Paper Comments
27, 1978, the Foreign Affairs Reform and
• Send paper comments in triplicate
Restructuring Act of 1998 (112 Stat.
to Jonathan G. Katz, Secretary,
2681, et seq.; 22 U.S.C. 6501 note, et
Securities and Exchange Commission,
seq.), Delegation of Authority No. 234 of
450 Fifth Street, NW., Washington, DC
October 1, 1999 (64 FR 56014),
20549–0609.
Delegation of Authority No. 236 of
All submissions should refer to File
October 19, 1999 (64 FR 57920), as
Number SR–PCX–2005–62. This file
amended, and Delegation of Authority
number should be included on the
No. 257 of April 15, 2003 (68 FR 19875),
subject line if e-mail is used. To help the I hereby determine that the objects to be
Commission process and review your
included in the exhibition, ‘‘The
comments more efficiently, please use
Mysterious Bog People,’’ imported from
only one method. The Commission will abroad for temporary exhibition within
post all comments on the Commission’s the United States, are of cultural
Internet Web site (https://www.sec.gov/
significance. The objects are imported
rules/sro.shtml). Copies of the
pursuant to loan agreements with the
submission, all subsequent
foreign lenders. I also determine that the
amendments, all written statements
exhibition or display of the exhibit
with respect to the proposed rule
objects at the Carnegie Museum of
change that are filed with the
Natural History, Pittsburgh,
Commission, and all written
Pennsylvania, from on or about July 9,
communications relating to the
2005, to on or about January 22, 2006,
proposed rule change between the
the Natural History Museum of Los
Commission and any person, other than
Angeles County, Los Angeles,
those that may be withheld from the
California, from on or about March 16,
public in accordance with the
2006, to on or about September 10,
provisions of 5 U.S.C. 552, will be
2006, the Milwaukee Public Museum,
available for inspection and copying in
Milwaukee, Wisconsin, from on or
the Commission’s Public Reference
about October 22, 2006, to on or about
Section, 450 Fifth Street, NW.,
January 21, 2007, and at possible
Washington, DC 20549. Copies of such
additional venues yet to be determined,
filing also will be available for
is in the national interest. Public notice
inspection and copying at the principal
of these determinations is ordered to be
office of the Exchange. All comments
received will be posted without change; published in the Federal Register.
FOR FURTHER INFORMATION CONTACT: For
the Commission does not edit personal
further information, contact Paul W.
identifying information from
Manning, Attorney-Adviser, Office of
submissions. You should submit only
the Legal Adviser, (202) 453–8052, and
information that you wish to make
the address is United States Department
available publicly. All submissions
of State, SA–44, Room 700, 301 4th
should refer to File Number SR–PCX–
2005–62 and should be submitted on or Street, SW., Washington, DC 20547–
0001.
before June 7, 2005.
Number SR–PCX–2005–62 on the
subject line.
Advisory Commission will discuss
information that, upon premature
disclosure, would likely frustrate
implementation of proposed
Department of State action and that
relates solely to internal personnel rules
and practices of the Department of State.
The Commissioners will review efforts
that expand interagency coordination of
public diplomacy programs to increase
their effectiveness in communicating
with foreign audiences.
The Commission was reauthorized
pursuant to Public Law 106–113 (H.R.
3194, Consolidated Appropriations Act,
2000). Its Charter was renewed February
18, 2005. The U.S. Advisory
Commission on Public Diplomacy is a
bipartisan Presidentially appointed
panel created by Congress in 1948 to
provide oversight of U.S. Government
activities intended to understand,
inform and influence foreign publics.
The Commission reports its findings
and recommendations to the President,
the Congress and the Secretary of State
and the American people. Current
Commission members include
Chairman, Barbara M. Barrett of
Arizona; Harold Pachios of Maine; Jay
T. Snyder of New York; Maria Sophia
Aguirre of Washington, DC; Charles
‘‘Tre’’ Evers III of Florida; Ambassador
Elizabeth Bagley of Washington, DC and
Ambassador Penne Korth Peacock of
Washington, DC.
For more information, please contact
Barbara Barrett at 202–203–7880.
Dated: May 11, 2005.
Katherine Yemelyanov,
Deputy Executive Director, U.S. Advisory
Commission on Public Diplomacy,
Department of State.
[FR Doc. 05–9789 Filed 5–16–05; 8:45 am]
BILLING CODE 4710–11–P
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.10
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5–2443 Filed 5–16–05; 8:45 am]
Dated: May 9, 2005.
C. Miller Crouch,
Principal Deputy Assistant Secretary for
Educational and Cultural Affairs, Department
of State.
[FR Doc. 05–9791 Filed 5–16–05; 8:45 am]
DEPARTMENT OF TRANSPORTATION
BILLING CODE 8010–01–P
BILLING CODE 4710–08–P
[Docket No. FMCSA–2005–20560]
DEPARTMENT OF STATE
DEPARTMENT OF STATE
Qualification of Drivers; Exemption
Applications; Vision
[Public Notice 5082]
[Public Notice 5064]
AGENCY:
Culturally Significant Objects Imported
for Exhibition Determinations: ‘‘The
Mysterious Bog People’’
U.S. Advisory Commission on Public
Diplomacy; Closed Meeting
Department of State.
ACTION: Notice.
AGENCY:
SUMMARY: Notice is hereby given of the
following determinations: Pursuant to
10 17
CFR 200.30–3(a)(12).
VerDate jul<14>2003
15:22 May 16, 2005
Jkt 205001
The U.S. Advisory Commission on
Public Diplomacy will hold a meeting
on Wednesday, May 25, 2005 at 9 a.m.
in Room 840 of the U.S. Department of
State at 301 4th Street, SW.,
Washington, DC. Pursuant to 5 U.S.C.
552b [c], the meeting will be closed to
the public. During its discussion, the
PO 00000
Frm 00080
Fmt 4703
Sfmt 4703
Federal Motor Carrier Safety
Administration
Federal Motor Carrier Safety
Administration (FMCSA), DOT.
ACTION: Notice of applications for
exemption from the vision standard;
request for comments.
SUMMARY: This notice publishes the
FMCSA’s receipt of applications from
30 individuals for an exemption from
the vision requirement in the Federal
Motor Carrier Safety Regulations. If
granted, the exemptions will enable
E:\FR\FM\17MYN1.SGM
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]]>Agencies
[Federal Register Volume 70, Number 94 (Tuesday, May 17, 2005)]
[Notices]
[Pages 28347-28348]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-2443]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-51672; File No. SR-PCX-2005-62]
Self-Regulatory Organizations; Pacific Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change Relating To
Exchange Fees and Charges
May 9, 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 April 27, 2005, the Pacific Exchange, Inc. (``PCX'' or ``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 PCX. The Exchange filed this proposal
pursuant to Section 19(b)(3)(A) of the Act,\3\ and Rule 19b-4(f)(2)
thereunder,\4\ which renders the proposal effective upon filing with
the Commission. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
PCX proposes to amend the Trade-Related Charges portion of its
Schedule of Fees and Charges (``Schedule''). The text of the proposed
rule change is available on PCX's Web site (https://www.pacificex.com),
at 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, PCX included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. PCX 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
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of this proposed rule change is to amend the Trade-
Related Charges portion of the Schedule in order to eliminate an
incentive program for Market Makers with respect to transaction
charges. In December 2003, the Exchange implemented an incentive
program for Market Makers with respect to transaction charges.\5\ The
purpose of the incentive program was to secure existing volumes and
attract higher levels of liquidity. The incentive program has been in
place for approximately sixteen months. The Exchange has reviewed the
incentive program and determined that it has not had its desired
effects. As such, the Exchange is proposing to eliminate the incentive
program and reinstate the $0.21 per contract transaction fee for Market
Makers. The $0.21 per contract transaction fee for Market Makers is the
same fee that was in place prior to the adoption of the incentive
program.
---------------------------------------------------------------------------
\5\ See Securities Exchange Act Release No. 48976 (December 23,
2003), 68 FR 75701 (December 31, 2003).
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act,\6\ in general, and furthers the
objectives of Section 6(b)(4) of the Act,\7\ in particular, in that it
provides for the equitable allocation of dues, fees, and other charges
among its members.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b).
\7\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
Written comments on the proposed rule change were neither solicited
nor received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A)(ii) of the Act \8\ and subparagraph (f)(2) of Rule 19b-4
thereunder,\9\ because it is concerned solely with the administration
of the Exchange. At any time within 60 days of the filing of such
proposed rule change, the Commission may summarily abrogate such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(3)(A)(ii).
\9\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
IV. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change, as amended, is consistent with the Act. Comments may be
submitted by any of the following methods:
Electronic Comments
Use the Commission's Internet comment form (https://
www.sec.gov/rules/sro.shtml); or
Send an E-mail to rule-comments@sec.gov. Please include
File
[[Page 28348]]
Number SR-PCX-2005-62 on the subject line.
Paper Comments
Send paper comments in triplicate to Jonathan G. Katz,
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW.,
Washington, DC 20549-0609.
All submissions should refer to File Number SR-PCX-2005-62. This
file number should be included on the subject line if e-mail is used.
To help the Commission process and review your comments more
efficiently, please use only one method. The Commission will post all
comments on the Commission's Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the submission, all subsequent amendments,
all written statements with respect to the proposed rule change that
are filed with the Commission, and all written communications relating
to the proposed rule change 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 Commission's Public Reference Section, 450 Fifth
Street, NW., Washington, DC 20549. Copies of such filing also will be
available for inspection and copying at the principal office of the
Exchange. All comments 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 refer to File Number SR-PCX-
2005-62 and should be submitted on or before June 7, 2005.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------
\10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5-2443 Filed 5-16-05; 8:45 am]
BILLING CODE 8010-01-P
