Self-Regulatory Organizations; Pacific Exchange, Inc.; Order Approving Proposed Rule Change Relating to Exchange Fees and Charges, 43733 [E5-4014]
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Federal Register / Vol. 70, No. 144 / Thursday, July 28, 2005 / Notices
safeguarding of securities or funds in
the custody or control of OCC or for
which it is responsible and does not
significantly affect the respective rights
or obligations of the clearing agency or
persons using the service. At any time
within sixty days of the filing of the
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 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 rulecomments@sec.gov. Please include File
Number SR–OCC–2005–11 on the
subject line.
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–OCC–2005–11 and
should be submitted on or before
August 18, 2005.
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.7
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–4017 Filed 7–27–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–52083; File No. SR–PCX–
2005–67]
Self-Regulatory Organizations; Pacific
Exchange, Inc.; Order Approving
Proposed Rule Change Relating to
Exchange Fees and Charges
July 20, 2005.
On May 6, 2005, the Pacific Exchange,
Inc. (‘‘PCX’’ or ‘‘Exchange’’), through its
wholly-owned subsidiary PCX Equities,
Inc. (‘‘PCXE’’), filed with the Securities
Paper Comments
and Exchange Commission
• Send paper comments in triplicate
(‘‘Commission’’) a proposed rule change
to Jonathan G. Katz, Secretary,
pursuant to section 19(b)(1) of the
Securities and Exchange Commission,
Securities Exchange Act of 1934
100 F Street, NE., Washington, DC
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2 to
20549–9303.
modify the list of eligible strategies that
All submissions should refer to File
apply to Option Strategy Executions
Number SR–OCC–2005–11. This file
retroactive to January 1, 2005. The
number should be included on the
proposed rule change was published for
subject line if e-mail is used. To help the comment in the Federal Register on
Commission process and review your
June 14, 2005.3 The Commission
comments more efficiently, please use
received no comments on the proposal.
only one method. The Commission will This order approves the proposed rule
post all comments on the Commission’s change.
Internet Web site (https://www.sec.gov/
After careful review, the Commission
rules/sro.shtml). Copies of the
finds that the proposal is consistent
submission, all subsequent
with the requirements of the Act and the
amendments, all written statements
rules and regulations thereunder
with respect to the proposed rule
applicable to a national securities
change that are filed with the
exchange.4 In particular, the
Commission, and all written
Commission finds that the proposed
communications relating to the
rule change is consistent with the
proposed rule change between the
requirements of section 6(b)(5) of the
Commission and any person, other than Act 5 and the rules and regulations
those that may be withheld from the
thereunder because it is designed to
public in accordance with the
provisions of 5 U.S.C. 552, will be
7 17 CFR 200.30–3(a)(12).
available for inspection and copying in
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
the Commission’s Public Reference
3 See Securities Exchange Act Release No. 51795
Section, 100 F Street, NE., Washington,
(June 7, 2005), 70 FR 34511.
DC 20549. Copies of such filings also
4 In approving this proposed rule change, the
will be available for inspection and
Commission notes that it has considered the
copying at the principal office of OCC
proposed rule’s impact on efficiency, competition
and on OCC’s Web site at https://
and capital formation. See 15 U.S.C. 78c(f).
5 15 U.S.C. 78f(b)(5).
www.optionsclearing.com. All
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43733
foster cooperation and coordination
with persons engaged in facilitating
transactions in securities, to promote
just and equitable principles of trade
and to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system, and, in general, to protect
investors and the public interest.
Specifically, the Commission believes
that the Exchange’s proposal to
retroactively modify certain transaction
fees associated with its short-term
interest spread transactions should
allow the PCX to continue to attract
liquidity and conform the Exchange’s
fees and rates to those previously
approved under the Option Strategy
Execution rate plan.
It is therefore ordered, pursuant to
section 19(b)(2) of the Act,6 that the
proposed rule change, (SR–PCX–2005–
67) be, and hereby is, approved.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.7
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–4014 Filed 7–27–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–52095; File No. SR–Phlx–
2005–46]
Self-Regulatory Organizations;
Philadelphia Stock Exchange, Inc.;
Notice of Filing and Order Granting
Accelerated Approval to Proposed
Rule Change Relating to the Extension
of a Pilot Program Relating to
Transaction Charges Applicable to
Linkage ‘‘P’’ and ‘‘P/A’’ Orders
July 21, 2005.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 2 thereunder,
notice is hereby given that on July 15,
2005, the Philadelphia Stock Exchange,
Inc. (‘‘Phlx’’ 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 Phlx. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
6 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
7 17
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[Federal Register Volume 70, Number 144 (Thursday, July 28, 2005)]
[Notices]
[Page 43733]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-4014]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-52083; File No. SR-PCX-2005-67]
Self-Regulatory Organizations; Pacific Exchange, Inc.; Order
Approving Proposed Rule Change Relating to Exchange Fees and Charges
July 20, 2005.
On May 6, 2005, the Pacific Exchange, Inc. (``PCX'' or
``Exchange''), through its wholly-owned subsidiary PCX Equities, Inc.
(``PCXE''), filed with the Securities and Exchange Commission
(``Commission'') a proposed rule change pursuant to section 19(b)(1) of
the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4
thereunder,\2\ to modify the list of eligible strategies that apply to
Option Strategy Executions retroactive to January 1, 2005. The proposed
rule change was published for comment in the Federal Register on June
14, 2005.\3\ The Commission received no comments on the proposal. This
order approves the proposed rule change.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 51795 (June 7,
2005), 70 FR 34511.
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After careful review, the Commission finds that the proposal is
consistent with the requirements of the Act and the rules and
regulations thereunder applicable to a national securities exchange.\4\
In particular, the Commission finds that the proposed rule change is
consistent with the requirements of section 6(b)(5) of the Act \5\ and
the rules and regulations thereunder because it is designed to foster
cooperation and coordination with persons engaged in facilitating
transactions in securities, to promote just and equitable principles of
trade and to remove impediments to and perfect the mechanism of a free
and open market and a national market system, and, in general, to
protect investors and the public interest.
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\4\ In approving this proposed rule change, the Commission notes
that it has considered the proposed rule's impact on efficiency,
competition and capital formation. See 15 U.S.C. 78c(f).
\5\ 15 U.S.C. 78f(b)(5).
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Specifically, the Commission believes that the Exchange's proposal
to retroactively modify certain transaction fees associated with its
short-term interest spread transactions should allow the PCX to
continue to attract liquidity and conform the Exchange's fees and rates
to those previously approved under the Option Strategy Execution rate
plan.
It is therefore ordered, pursuant to section 19(b)(2) of the
Act,\6\ that the proposed rule change, (SR-PCX-2005-67) be, and hereby
is, approved.
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\6\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5-4014 Filed 7-27-05; 8:45 am]
BILLING CODE 8010-01-P
