Self-Regulatory Organizations; Notice of Application of Campbell Soup Company To Withdraw Its Common Stock, $.0375 Par Value, From Listing and Registration on the Philadelphia Stock Exchange, Inc., File No. 1-03822, 31550-31551 [E5-2749]
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Federal Register / Vol. 70, No. 104 / Wednesday, June 1, 2005 / Notices
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Chief Information
Officer, Office of Information
Technology, Securities and Exchange
Commission, 450 5th Street, NW.,
Washington, DC 20549.
Dated: May 13, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–2755 Filed 5–31–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
• Rule 17Ad–17 Transfer Agents’
Obligation to Search for Lost
Securityholders
Rule 17Ad–17 requires approximately
825 registered transfer agents to conduct
searches using third party database
vendors to attempt to locate lost
securityholders. These recordkeeping
requirements assist the Commission and
other regulatory agencies with
monitoring transfer agents and ensuring
compliance with the rule.
The staff estimates that the average
number of hours necessary for each
transfer agent to comply with Rule
17Ad–17 is five hours annually. The
total burden is 4,125 hours annually for
all transfer agents. The cost of
compliance for each individual transfer
agent depends on the number of lost
accounts at each transfer agent. Based
on information received from transfer
agents, we estimate that the annual cost
industry wide is $3.3 million.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
16:22 May 30, 2005
Jkt 205001
Dated: May 13, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–2756 Filed 5–31–05; 8:45 am]
BILLING CODE 8010–01–P
Extension:
Rule 17Ad–17; SEC File No. 270–412;
OMB Control No. 3235–0469.
VerDate jul<14>2003
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Chief Information
Officer, Securities and Exchange
Commission, 450 5th Street, NW.,
Washington, DC 20549.
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension:
Form BDW, SEC File No. 270–17; OMB
Control No. 3235–0018.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Fully registered broker-dealers and
notice-registered broker-dealers use
Form BDW (17 CFR 249.501a) to
withdraw from registration with the
Commission, the self-regulatory
organizations, and the states. It is
estimated that approximately 900 fully
registered broker-dealers annually will
incur an average burden of 15 minutes,
or 0.25 hours, to file for withdrawal on
Form BDW via the internet with Web
CRD, a computer system operated by the
National Association of Securities
Dealers, Inc. that maintains information
PO 00000
Frm 00140
Fmt 4703
Sfmt 4703
regarding fully registered broker-dealers
and their registered personnel. It is
further estimated that 140 futures
commission merchants that are noticeregistered broker-dealers annually will
incur an average burden of 15 minutes,
or 0.25 hours, to file for withdrawal on
Form BDW by sending the completed
Form BDW to the National Futures
Association, which maintains
information regarding notice-registered
broker-dealers on behalf of the
Commission. The annualized
compliance burden per year is 260
hours [1,040 (900 fully registered
broker-dealers + 140 notice-registered
broker-dealers) × .25 = 260 hours]. The
annualized cost to respondents,
utilizing staff at an estimated cost of
$101 per hour, would be $26,260 (260
× $101 = $26,260).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Chief Information
Officer, Office of Information
Technology, Securities and Exchange
Commission, 450 Fifth Street, NW.,
Washington, DC 20549.
Dated: May 13, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–2766 Filed 5–31–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Self-Regulatory Organizations; Notice
of Application of Campbell Soup
Company To Withdraw Its Common
Stock, $.0375 Par Value, From Listing
and Registration on the Philadelphia
Stock Exchange, Inc., File No. 1–03822
May 24, 2005.
On May 3, 2005, Campbell Soup
Company, a New Jersey corporation
(‘‘Issuer’’), filed an application with the
Securities and Exchange Commission
(‘‘Commission’’), pursuant to Section
E:\FR\FM\01JNN1.SGM
01JNN1
Federal Register / Vol. 70, No. 104 / Wednesday, June 1, 2005 / Notices
12(d) of the Securities Exchange Act of
1934 (‘‘Act’’),1 and Rule 12d2–2(d)
thereunder,2 to withdraw its common
stock, $.0375 par value (‘‘Security’’),
from listing and registration on the
Philadelphia Stock Exchange, Inc.
(‘‘Phlx’’ or ‘‘Exchange’’).
The Board of Directors (‘‘Board’’) of
the Issuer approved resolutions on
March 24, 2005 to voluntarily withdraw
the Security from listing on the
Exchange. The Board stated that among
the reasons for its decision to withdraw
the Security from Phlx were: (i) The
Issuer maintains the principal listing for
the Security on the New York Stock
Exchange (‘‘NYSE’’); (ii) the
maintenance of multiple listings
requires significant time and expense in
ensuring compliance with the rules and
disclosure requirements of both the
NYSE and the Phlx; and (iii) in the
judgment of the Board, the benefits of
continued listing on the Phlx are
outweighed by the incremental cost and
administrative burden of such listing.
The Issuer states in its application
that it has met the requirements of Phlx
Rule 809 governing an issuer’s
voluntary withdrawal of a security from
listing and registration by providing the
required documents for withdrawal
from Phlx. The Issuer’s application
relates solely to the withdrawal of the
Security from listing on the Phlx, and
shall not affect its continued listing on
the NYSE or its obligation to be
registered under Section 12(b) of the
Act.3
Any interested person may, on or
before June 15, 2005, comment on the
facts bearing upon whether the
application has been made in
accordance with the rules of Phlx, and
what terms, if any, should be imposed
by the Commission for the protection of
investors. All comment letters may be
submitted by either of the following
methods:
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/delist.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include the
File Number 1–03822 or;
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 1–03822. This file
1 15
U.S.C. 78l(d).
CFR 240.12d2–2(d).
3 15 U.S.C. 78l(b).
2 17
VerDate jul<14>2003
16:22 May 30, 2005
Jkt 205001
number should be included on the
subject line if e-mail is used. To help us
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/
delist.shtml). Comments are also
available for public inspection and
copying in the Commission’s Public
Reference Room. All comments received
will be posted without change; we do
not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly.
The Commission, based on the
information submitted to it, will issue
an order granting the application after
the date mentioned above, unless the
Commission determines to order a
hearing on the matter.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.4
Jonathan G. Katz,
Secretary.
[FR Doc. E5–2749 Filed 5–31–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–51736, File No. SR–MSRB–
2004–09]
Self-Regulatory Organizations;
Municipal Securities Rulemaking
Board; Order Approving Proposed
Rule Change Relating to
Advertisements of Municipal Fund
Securities Under MSRB Rule G–21
May 24, 2005.
On December 16, 2004, the Municipal
Securities Rulemaking Board (‘‘MSRB’’
or ‘‘Board’’), filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’),1 and Rule 19b–4
thereunder,2 a proposed rule change
amending MSRB Rule G–21, on
advertising, to establish specific
requirements with respect to
advertisements by brokers, dealers and
municipal securities dealers (‘‘dealers’’)
relating to municipal fund securities.
The proposed rule change was
published for comment in the Federal
Register on December 30, 2004.3 The
Commission received three comment
CFR 200.30–3(a)(1).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 50919
(December 22, 2004), 69 FR 78499 (December 30,
2004).
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4 17
1 15
Frm 00141
Fmt 4703
Sfmt 4703
31551
letters regarding the proposal.4 On
March 8, 2005, the MSRB filed a
response to the first two comment
letters and requested that the SEC make
the proposed rule change effective 180
days after the proposed rule change is
approved.5 On May 10, 2005, the MSRB
filed a response to the third comment
letter from Fund Distributors and
modified the MSRB’s request in the
First Response Letter regarding the
effective date of the proposed rule
change.6 This order approves the
proposed rule change.
The proposed rule change amends
MSRB Rule G–21 to establish specific
standards applicable to advertisements
of municipal fund securities by dealers.
In its filing, the MSRB proposed an
effective date for the proposed rule
change of the first calendar day of the
month beginning 90 or more calendar
days after SEC approval.
CSF’s Letter and ICI’s Letter generally
supported the proposed amendments,
which would bring advertising rules for
municipal fund securities more in line
with the requirements of Rule 482
adopted by the SEC under the Securities
Act of 1933, as amended.7 CSF’s Letter
requested additional time to implement
systems changes needed to comply with
the proposal, and requested that there
be a 180-day transition period from the
effective date of the proposal until the
date of required compliance. ICI’s Letter
recommended that the proposed 90-day
compliance period be extended to a
period of at least 210 days to
accommodate the changes necessitated
by the revised rule.
In addition, ICI’s Letter noted that the
MSRB has published for comment
related amendments to Rule G–21 that
would supplement the proposed rule
change (the ‘‘additional draft
4 See e-mail letter from David Pearlman,
Chairman, College Savings Foundation (‘‘CSF’’), to
rule-comments@sec.gov, dated January 14, 2005
(‘‘CSF’s Letter’’); letter to Jonathan G. Katz,
Secretary, Commission, from Tamara K. Salmon,
Senior Associate Counsel, Investment Company
Institute (‘‘ICI’’), dated January 19, 2005 (‘‘ICI’s
Letter’’); and letter from Joseph J. Connolly, Eckert
Seamans Cherin & Mellott, LLC, on behalf of its
client PFM Fund Distributors, Inc. (‘‘Fund
Distributors’’), dated February 18, 2005 (‘‘Fund
Distributors’’ Letter’’).
5 See letter from Ernesto A. Lanza, Senior
Associate General Counsel, MSRB, to Martha M.
Haines, Chief, Office of Municipal Securities,
Commission, dated March 8, 2005 (‘‘MSRB’s First
Response Letter’’). The MSRB’s First Response
Letter does not respond to Fund Distributors’ Letter
because Fund Distributors’ Letter was received by
the Commission after the end of the comment
period.
6 See letter from Ernesto A. Lanza, Senior
Associate General Counsel, MSRB, to Martha M.
Haines, Chief, Office of Municipal Securities,
Commission, dated May 4, 2005 (‘‘MSRB’s Second
Response Letter’’).
7 15 U.S.C. 77a et seq.
E:\FR\FM\01JNN1.SGM
01JNN1
Agencies
[Federal Register Volume 70, Number 104 (Wednesday, June 1, 2005)]
[Notices]
[Pages 31550-31551]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-2749]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Self-Regulatory Organizations; Notice of Application of Campbell
Soup Company To Withdraw Its Common Stock, $.0375 Par Value, From
Listing and Registration on the Philadelphia Stock Exchange, Inc., File
No. 1-03822
May 24, 2005.
On May 3, 2005, Campbell Soup Company, a New Jersey corporation
(``Issuer''), filed an application with the Securities and Exchange
Commission (``Commission''), pursuant to Section
[[Page 31551]]
12(d) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule
12d2-2(d) thereunder,\2\ to withdraw its common stock, $.0375 par value
(``Security''), from listing and registration on the Philadelphia Stock
Exchange, Inc. (``Phlx'' or ``Exchange'').
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78l(d).
\2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------
The Board of Directors (``Board'') of the Issuer approved
resolutions on March 24, 2005 to voluntarily withdraw the Security from
listing on the Exchange. The Board stated that among the reasons for
its decision to withdraw the Security from Phlx were: (i) The Issuer
maintains the principal listing for the Security on the New York Stock
Exchange (``NYSE''); (ii) the maintenance of multiple listings requires
significant time and expense in ensuring compliance with the rules and
disclosure requirements of both the NYSE and the Phlx; and (iii) in the
judgment of the Board, the benefits of continued listing on the Phlx
are outweighed by the incremental cost and administrative burden of
such listing.
The Issuer states in its application that it has met the
requirements of Phlx Rule 809 governing an issuer's voluntary
withdrawal of a security from listing and registration by providing the
required documents for withdrawal from Phlx. The Issuer's application
relates solely to the withdrawal of the Security from listing on the
Phlx, and shall not affect its continued listing on the NYSE or its
obligation to be registered under Section 12(b) of the Act.\3\
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78l(b).
---------------------------------------------------------------------------
Any interested person may, on or before June 15, 2005, comment on
the facts bearing upon whether the application has been made in
accordance with the rules of Phlx, and what terms, if any, should be
imposed by the Commission for the protection of investors. All comment
letters may be submitted by either of the following methods:
Electronic Comments
Use the Commission's Internet comment form (https://
www.sec.gov/rules/delist.shtml); or
Send an e-mail to rule-comments@sec.gov. Please include
the File Number 1-03822 or;
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
1-03822. This file number should be included on the subject line if e-
mail is used. To help us 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/delist.shtml). Comments are also available for public inspection
and copying in the Commission's Public Reference Room. All comments
received will be posted without change; we do not edit personal
identifying information from submissions. You should submit only
information that you wish to make available publicly.
The Commission, based on the information submitted to it, will
issue an order granting the application after the date mentioned above,
unless the Commission determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\4\
---------------------------------------------------------------------------
\4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------
Jonathan G. Katz,
Secretary.
[FR Doc. E5-2749 Filed 5-31-05; 8:45 am]
BILLING CODE 8010-01-P