Proposed Collection; Comment Request, 46550-46551 [E5-4309]
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Federal Register / Vol. 70, No. 153 / Wednesday, August 10, 2005 / Notices
members or the management members
may caucus separately with the Chair to
devise strategy and formulate positions.
Premature disclosure of the matters
discussed in these caucuses would
unacceptably impair the ability of the
Committee to reach a consensus on the
matters being considered and would
disrupt substantially the disposition of
its business. Therefore, these caucuses
will be closed to the public because of
a determination made by the Director of
the Office of Personnel Management
under the provisions of section 10(d) of
the Federal Advisory Committee Act
(Pub. L. 92–463) and 5 U.S.C.
552b(c)(9)(B). These caucuses may,
depending on the issues involved,
constitute a substantial portion of a
meeting.
Annually, the Chair compiles a report
of pay issues discussed and concluded
recommendations. These reports are
available to the public, upon written
request to the Committee’s Secretary.
The public is invited to submit
material in writing to the Chair on
Federal Wage System pay matters felt to
be deserving of the Committee’s
attention. Additional information on
these meetings may be obtained by
contacting the Committee’s Secretary,
Office of Personnel Management,
Federal Prevailing Rate Advisory
Committee, Room 5538, 1900 E Street,
NW., Washington, DC 20415 (202) 606–
1500.
Dated: August 2, 2005.
Mary M. Rose,
Chairperson, Federal Prevailing Rate
Advisory Committee.
[FR Doc. 05–15775 Filed 8–9–05; 8:45 am]
BILLING CODE 6325–49–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.
Extension: Regulations 13D and 13G;
Schedules 13D and 13G, OMB Control
No. 3235–0145, SEC File No. 270–137.
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
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Management and Budget for extension
and approval.
Schedules 13D and 13G are filed
pursuant to sections 13(d) and 13(g) of
the Securities Exchange Act and
Regulations 13D and 13G thereunder to
report beneficial ownership of equity
securities registered under section 12 of
the Exchange Act. Regulations 13D and
13G provide investors and subject
issuers with information about
accumulations of securities that may
have the potential to change or
influence control of the issuer.
Schedules 13D and 13G are used by
persons, including small entities, to
report their ownership of more than 5%
of a class of equity securities registered
under section 12. We estimate that it
takes approximately 43,500 total burden
hours to prepare a Schedule 13D and
that it is filed by approximately 3,000
respondents. The respondent prepares
25% of the 43,500 annual burden hours
for a total reporting burden of 10,875
hours. Schedule 13G takes
approximately 98,800 total burden
hours to prepare and is filed by an
estimated 9,500 respondents. The
respondent prepares 25% of the 98,800
annual burden hours for a total
reporting burden of 24,700 hours.
Written comments are invited on: (a)
Whether this 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 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, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549.
Dated: August 1, 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5–4308 Filed 8–9–05; 8:45 am]
BILLING CODE 8010–01–P
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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:
Rule 12d2–1, SEC File No. 270–98, OMB
Control No. 3235–0081,
Rule 12d2–2, SEC File No. 270–86, OMB
Control No. 3235–0080.
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 collections of information
summarized below. The Commission
plans to submit these existing
collections of information to the Office
of Management and Budget for
extension and approval.
Rule 12d2–1 was adopted in 1935
pursuant to sections 12 and 23 of the
Securities Exchange Act of 1934
(‘‘Act’’). Rule 12d2–1 provides the
procedures by which a national
securities exchange may suspend from
trading a security that is listed and
registered on the exchange. Under Rule
12d2–1, an exchange is permitted to
suspend from trading a listed security in
accordance with its rules, and must
promptly notify the Commission of any
such suspension, along with the
effective date and the reasons for the
suspension.
Any such suspension may be
continued until such time as the
Commission may determine that the
suspension is designed to evade the
provisions of section 12(d) of the Act
and Rule 12d2–2 thereunder.1 During
the continuance of such suspension
under Rule 12d2–1, the exchange is
required to notify the Commission
promptly of any change in the reasons
for the suspension. Upon the restoration
to trading of any security suspended
under Rule 12d2–1, the exchange must
notify the Commission promptly of the
effective date of such restoration.
The trading suspension notices serve
a number of purposes. First, they inform
the Commission that an exchange has
suspended from trading a listed security
or reintroduced trading in a previously
suspended security. They also provide
the Commission with information
1 Rule 12d2–2 prescribes the circumstances under
which a security may be delisted from an exchange
and withdrawn from registration under section
12(b) of the Act, and provides the procedures for
taking such action.
E:\FR\FM\10AUN1.SGM
10AUN1
Federal Register / Vol. 70, No. 153 / Wednesday, August 10, 2005 / Notices
necessary for it to determine that the
suspension has been accomplished in
accordance with the rules of the
exchange, and to verify that the
exchange has not evaded the
requirements of section 12(d) of the Act
and Rule 12d2–2 thereunder by
improperly employing a trading
suspension. Without Rule 12d2–1, the
Commission would be unable to fully
implement these statutory
responsibilities.
There are nine national securities
exchanges that are subject to Rule 12d2–
1. The burden of complying with Rule
12d2–1 is not evenly distributed among
the exchanges, however, since there are
many more securities listed on the New
York Stock Exchange, Inc. (‘‘NYSE’’)
and the American Stock Exchange LLC
(‘‘Amex’’) than on the other exchanges.2
However, for purposes of this filing, it
is assumed that the number of responses
is evenly divided among the exchanges.
Since approximately 104 responses
under Rule 12d2–1 are received
annually by the Commission from the
national securities exchanges, the
resultant aggregate annual reporting
hour burden would be, assuming on
average one-half reporting hour per
response, 52 annual burden hours for all
exchanges. The related costs associated
with these burden hours are $2,886.00.
Rule 12d2–2 and Form 25 were
adopted in 1935 and 1952, respectively,
pursuant to sections 12 and 23 of the
Act. Rule 12d2–2 sets forth the
conditions and procedures under which
a security may be delisted from an
exchange and withdrawn from
registration under section 12(b) of the
Act. The Commission has recently
adopted amendments to Rule 12d2–2
and Form 25.3 The amendments will
become effective on August 22, 2005
and the compliance date of the
amendments is April 24, 2006. Under
the amended Rule 12d2–2, all issuers
and national securities exchanges
seeking to delist and deregister a
security in accordance with the rules of
an exchange will file the newly adopted
version of Form 25 with the
Commission. The Commission has also
adopted amendments to Rule 19d–1
under the Act to require exchanges to
file the newly adopted version of Form
25 as notice to the Commission under
section 19(d) of the Act. Finally, the
Commission has adopted amendments
to exempt options and security futures
from section 12(d) of the Act. These
amendments are intended to simplify
the paperwork and procedure associated
with a delisting and to unify general
rules and procedures relating to the
delisting process.
The Form 25 is useful because it
informs the Commission that a security
previously traded on an exchange is no
longer traded. In addition, the Form 25
enables the Commission to verify that
the delisting has occurred in accordance
with the rules of the exchange. Further,
the Form 25 helps to focus the attention
of delisting issuers to make sure that
they abide by the proper procedural and
notice requirements associated with a
delisting. Without Rule 12d2–2 and the
Form 25, as applicable, the Commission
would be unable to fulfill its statutory
responsibilities.
There are seven national securities
exchanges that trade equity securities
that will be respondents subject to Rule
12d2–2 and Form 25.4 The burden of
complying with Rule 12d2–2 and Form
25 is not evenly distributed among the
exchanges, however, since there are
many more securities listed on the
NYSE and the Amex than on the other
exchanges. However, for purposes of
this filing, the staff has assumed that the
number of responses is evenly divided
among the exchanges. Since
approximately 648 responses under
Rule 12d2–2 and Form 25 for the
purpose of delisting equity securities are
received annually by the Commission
from the national securities exchanges,
the resultant aggregate annual reporting
hour burden would be, assuming on
average one hour per response, 648
annual burden hours for all exchanges.
In addition, since approximately 57
responses are received by the
Commission annually from issuers
wishing to remove their securities from
listing and registration on exchanges,
the Commission staff estimates that the
aggregate annual reporting hour burden
on issuers would be, assuming on
average one reporting hour per
response, 57 annual burden hours for all
issuers. Accordingly, the total annual
hour burden for all respondents to
comply with Rule 12d2–2 is 705 hours.
The related costs associated with these
burden hours are $37,830.00.
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
2 In fact, some exchanges do not file any trading
suspension reports in a given year.
3 See Securities Exchange Act Release No. 52029
(July 14, 2005), 70 FR 42456 (July 22, 2005).
4 We note that there are two additional national
securities exchanges that only trade standardized
options which, as noted above, are exempt from
Rule 12d2–2.
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46551
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, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, Station Place,
100 F Street, NE., Washington, DC
20549.
August 2 , 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5–4309 Filed 8–9–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–52205; File No. SR–BSE–
2005–29]
Self-Regulatory Organizations; Boston
Stock Exchange, Inc.; Notice of Filing
of Proposed Rule Change Relating to
Amendments to the Exchange’s TradeThrough and Locked Markets Rules
August 4, 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 August 1,
2005, the Boston Stock Exchange, Inc.
(‘‘BSE’’) 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 BSE. 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
The BSE is proposing to amend its
rules governing the operation of the
intermarket option linkage (‘‘Linkage’’)
on the Boston Options Exchange
(‘‘BOX’’). The BSE is proposing to
amend the trade-through and locked
markets rules to allow a market maker
to ‘‘trade and ship’’ or ‘‘book and ship’’
an order. The text of the proposed rule
change is available on the BSE’s Web
site (https://www.bostonstock.com), at
1 15
2 17
E:\FR\FM\10AUN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
10AUN1
]]>Agencies
[Federal Register Volume 70, Number 153 (Wednesday, August 10, 2005)]
[Notices]
[Pages 46550-46551]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-4309]
-----------------------------------------------------------------------
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:
Rule 12d2-1, SEC File No. 270-98, OMB Control No. 3235-0081,
Rule 12d2-2, SEC File No. 270-86, OMB Control No. 3235-0080.
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 collections
of information summarized below. The Commission plans to submit these
existing collections of information to the Office of Management and
Budget for extension and approval.
Rule 12d2-1 was adopted in 1935 pursuant to sections 12 and 23 of
the Securities Exchange Act of 1934 (``Act''). Rule 12d2-1 provides the
procedures by which a national securities exchange may suspend from
trading a security that is listed and registered on the exchange. Under
Rule 12d2-1, an exchange is permitted to suspend from trading a listed
security in accordance with its rules, and must promptly notify the
Commission of any such suspension, along with the effective date and
the reasons for the suspension.
Any such suspension may be continued until such time as the
Commission may determine that the suspension is designed to evade the
provisions of section 12(d) of the Act and Rule 12d2-2 thereunder.\1\
During the continuance of such suspension under Rule 12d2-1, the
exchange is required to notify the Commission promptly of any change in
the reasons for the suspension. Upon the restoration to trading of any
security suspended under Rule 12d2-1, the exchange must notify the
Commission promptly of the effective date of such restoration.
---------------------------------------------------------------------------
\1\ Rule 12d2-2 prescribes the circumstances under which a
security may be delisted from an exchange and withdrawn from
registration under section 12(b) of the Act, and provides the
procedures for taking such action.
---------------------------------------------------------------------------
The trading suspension notices serve a number of purposes. First,
they inform the Commission that an exchange has suspended from trading
a listed security or reintroduced trading in a previously suspended
security. They also provide the Commission with information
[[Page 46551]]
necessary for it to determine that the suspension has been accomplished
in accordance with the rules of the exchange, and to verify that the
exchange has not evaded the requirements of section 12(d) of the Act
and Rule 12d2-2 thereunder by improperly employing a trading
suspension. Without Rule 12d2-1, the Commission would be unable to
fully implement these statutory responsibilities.
There are nine national securities exchanges that are subject to
Rule 12d2-1. The burden of complying with Rule 12d2-1 is not evenly
distributed among the exchanges, however, since there are many more
securities listed on the New York Stock Exchange, Inc. (``NYSE'') and
the American Stock Exchange LLC (``Amex'') than on the other
exchanges.\2\ However, for purposes of this filing, it is assumed that
the number of responses is evenly divided among the exchanges. Since
approximately 104 responses under Rule 12d2-1 are received annually by
the Commission from the national securities exchanges, the resultant
aggregate annual reporting hour burden would be, assuming on average
one-half reporting hour per response, 52 annual burden hours for all
exchanges. The related costs associated with these burden hours are
$2,886.00.
---------------------------------------------------------------------------
\2\ In fact, some exchanges do not file any trading suspension
reports in a given year.
---------------------------------------------------------------------------
Rule 12d2-2 and Form 25 were adopted in 1935 and 1952,
respectively, pursuant to sections 12 and 23 of the Act. Rule 12d2-2
sets forth the conditions and procedures under which a security may be
delisted from an exchange and withdrawn from registration under section
12(b) of the Act. The Commission has recently adopted amendments to
Rule 12d2-2 and Form 25.\3\ The amendments will become effective on
August 22, 2005 and the compliance date of the amendments is April 24,
2006. Under the amended Rule 12d2-2, all issuers and national
securities exchanges seeking to delist and deregister a security in
accordance with the rules of an exchange will file the newly adopted
version of Form 25 with the Commission. The Commission has also adopted
amendments to Rule 19d-1 under the Act to require exchanges to file the
newly adopted version of Form 25 as notice to the Commission under
section 19(d) of the Act. Finally, the Commission has adopted
amendments to exempt options and security futures from section 12(d) of
the Act. These amendments are intended to simplify the paperwork and
procedure associated with a delisting and to unify general rules and
procedures relating to the delisting process.
---------------------------------------------------------------------------
\3\ See Securities Exchange Act Release No. 52029 (July 14,
2005), 70 FR 42456 (July 22, 2005).
---------------------------------------------------------------------------
The Form 25 is useful because it informs the Commission that a
security previously traded on an exchange is no longer traded. In
addition, the Form 25 enables the Commission to verify that the
delisting has occurred in accordance with the rules of the exchange.
Further, the Form 25 helps to focus the attention of delisting issuers
to make sure that they abide by the proper procedural and notice
requirements associated with a delisting. Without Rule 12d2-2 and the
Form 25, as applicable, the Commission would be unable to fulfill its
statutory responsibilities.
There are seven national securities exchanges that trade equity
securities that will be respondents subject to Rule 12d2-2 and Form
25.\4\ The burden of complying with Rule 12d2-2 and Form 25 is not
evenly distributed among the exchanges, however, since there are many
more securities listed on the NYSE and the Amex than on the other
exchanges. However, for purposes of this filing, the staff has assumed
that the number of responses is evenly divided among the exchanges.
Since approximately 648 responses under Rule 12d2-2 and Form 25 for the
purpose of delisting equity securities are received annually by the
Commission from the national securities exchanges, the resultant
aggregate annual reporting hour burden would be, assuming on average
one hour per response, 648 annual burden hours for all exchanges. In
addition, since approximately 57 responses are received by the
Commission annually from issuers wishing to remove their securities
from listing and registration on exchanges, the Commission staff
estimates that the aggregate annual reporting hour burden on issuers
would be, assuming on average one reporting hour per response, 57
annual burden hours for all issuers. Accordingly, the total annual hour
burden for all respondents to comply with Rule 12d2-2 is 705 hours. The
related costs associated with these burden hours are $37,830.00.
---------------------------------------------------------------------------
\4\ We note that there are two additional national securities
exchanges that only trade standardized options which, as noted
above, are exempt from Rule 12d2-2.
---------------------------------------------------------------------------
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, Director/
Chief Information Officer, Office of Information Technology, Securities
and Exchange Commission, Station Place, 100 F Street, NE., Washington,
DC 20549.
August 2 , 2005.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E5-4309 Filed 8-9-05; 8:45 am]
BILLING CODE 8010-01-P
