Issuer Delisting; Notice of Application of American Express Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and Registration on the Chicago Stock Exchange, Inc., 56748-56749 [E5-5305]

Download as PDF 56748 Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices NE., Washington, DC 20549. Comments must be submitted to OMB within 30 days of this notice. Dated: September 20, 2005. Jonathan G. Katz, Secretary. [FR Doc. E5–5251 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extension: Rule 17f–2(d); SEC File No. 270–36; OMB Control No. 3235–0028. 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’’) has submitted to the Office of Management and Budget requests for approval of extension on the following rule and form: Rule 17f– 2(d). Rule 17f–2(d) was adopted on March 16, 1976, and was last amended on November 18, 1982. Paragraph (d) of the rule (i) requires that records produced pursuant to the fingerprinting requirements of Section 17(f)(2) of the Securities Exchange Act of 1934 (‘‘Exchange Act’’) be maintained, (ii) permits the designated examining authorities of broker-dealers or members of exchanges, under certain circumstances, to store and maintain records required to be kept by this rule, and (iii) permits the required records to be maintained on microfilm. The general purpose of Rule 17f–2 is: (i) To identify security risk personnel; (ii) to provide criminal record information so that employers can make fully informed employment decisions; and (iii) to deter persons with criminal records from seeking employment or association with covered entities. Retention of fingerprint records, as required under paragraph (d) of the Rule enables the Commission or other examining authority to ascertain whether all required persons are being fingerprinted and whether proper procedures regarding fingerprinting are being followed. Retention of these records for the term of employment of all personnel plus three years ensures that law enforcement officials will have easy access to fingerprint cards on a VerDate Aug<31>2005 16:02 Sep 27, 2005 Jkt 205001 timely basis. This in turn acts as an effective deterrent to employee misconduct. Approximately 9,468 respondents are subject to the recordkeeping requirements of the rule. Each respondent keeps approximately 32 new records per year, which takes approximately 2 minutes per record for the respondent to maintain, for an annual burden of 64 minutes per respondent. All records subject to the rule must be retained for the term of employment plus 3 years. The Commission estimates that the total annual cost to submitting entities is approximately $196,850. This figure reflects estimated costs of labor and storage of records. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or by sending an e-mail to: David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Office of Information Technology, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549. Comments must be submitted to OMB within 30 days of this notice. Dated: September 20, 2005. Jonathan G. Katz, Secretary. [FR Doc. E5–5252 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 1–07657] Issuer Delisting; Notice of Application of American Express Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and Registration on the Chicago Stock Exchange, Inc. September 21, 2005. On August 24, 2005, American Express Company, a New York corporation (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 12d2–2(d) 1 15 PO 00000 U.S.C. 781(d). Frm 00127 Fmt 4703 Sfmt 4703 thereunder,2 to withdraw its common stock, $.20 par value (‘‘Security’’), from listing and registration on the Chicago Stock Exchange, Inc. (‘‘CHX’’). The Board of Directors (‘‘the Board’’) of the Issuer approved a resolution on July 25, 2005 to withdraw the Security from listing on CHX. The Issuer stated that the following reason factored into the Board’s decision to withdraw the Security from CHX: the staff time and costs associated with maintaining a listing on regional exchanges has outweighed the benefits. The Issuer stated in its application that the Security is listed on the New York Stock Exchange, Inc. (‘‘NYSE’’). The Issuer stated in its application that it has complied with applicable rules of CHX by complying with all applicable laws in the State of New York, the state in which the Issuer is incorporated, and by providing CHX with the required documents governing the withdrawal of securities from listing and registration on CHX. The Issuer’s application relates solely to the withdrawal of the Security from listing on CHX and shall not affect its continued listing on NYSE or the Boston Stock Exchange, Inc. (‘‘BSE’’),3 or its obligation to be registered under Section 12(b) of the Act.4 Any interested person may, on or before October 11, 2005 comment on the facts bearing upon whether the application has been made in accordance with the rules of CHX, 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 • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–07657 or; Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–07657. 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 2 17 CFR 240.12d2–2(d). August 24, 2005, the Issuer filed an application with the Commission to withdraw the Security from listing and registration on BSE. Notice of such application will be published separately. 4 15 U.S.C. 781(b). 3 On E:\FR\FM\28SEN1.SGM 28SEN1 Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices 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.5 Jonathan G. Katz, Secretary. [FR Doc. E5–5305 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P applicable laws in the State of New York, the state in which the Issuer is incorporated, and by providing BSE with the required documents governing the withdrawal of securities from listing and registration on BSE. The Issuer’s application relates solely to the withdrawal of the Security from listing on BSE and shall not affect its continued listing on NYSE or the Chicago Stock Exchange, Inc. (‘‘CHX’’),3 or its obligation to be registered under Section 12(b) of the Act.4 Any interested person may, on or before October 11, 2005 comment on the facts bearing upon whether the application has been made in accordance with the rules of BSE, 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 SECURITIES AND EXCHANGE COMMISSION • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–07657 or; [File No. 1–07657] Issuer Delisting; Notice of Application of American Express Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and Registration on the Boston Stock Exchange, Inc. September 21, 2005. On August 24, 2005, American Express Company, a New York corporation (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’)1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $.20 par value (‘‘Security’’), from listing and registration on the Boston Stock Exchange, Inc. (‘‘BSE’’). The Board of Directors (‘‘the Board’’) of the Issuer approved a resolution on July 25, 2005 to withdraw the Security from listing on BSE. The Issuer stated that the following reason factored into the Board’s decision to withdraw the Security from BSE: The staff time and costs associated with maintaining a listing on regional exchanges has outweighed the benefits. The Issuer stated in its application that the Security is listed on the New York Stock Exchange, Inc. (‘‘NYSE’’). The Issuer stated in its application that it has complied with applicable rules of BSE by complying with all 5 17 CFR 200.30–3(a)(1). U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). 1 15 VerDate Aug<31>2005 16:02 Sep 27, 2005 Jkt 205001 Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–07657. 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. 3 On August 24, 2005, the Issuer filed an application with the Commission to withdraw the Security from listing and registration on CHX. Notice of such application will be published separately. 4 15 U.S.C. 78l(b). PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 56749 For the Commission, by the Division of Market Regulation, pursuant to delegated authority.5 Jonathan G. Katz, Secretary. [FR Doc. E5–5307 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 1–01553] Issuer Delisting; Notice of Application of The Black & Decker Corporation To Withdraw Its Common Stock, $.50 Par Value, From Listing and Registration on the Pacific Exchange, Inc. September 21, 2005. On August 26, 2005, The Black & Decker Corporation, a Maryland corporation, (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $.50 par value (‘‘Security’’), from listing and registration on the Pacific Exchange, Inc. (‘‘PCX’’). On July 21, 2005, the Board of Directors (‘‘Board’’) of the Issuer approved a resolution to withdraw the Security from listing and registration on PCX. The Issuer stated that the following reasons factored into the Board’s decision to withdraw the Security from PCX: (i) The Issuer has maintained a dual listing of the Security on the New York Stock Exchange (‘‘NYSE’’) and PCX since February 15, 1985; (ii) the primary exchange for trading the Security is NYSE; (iii) a de minimus amount of the Security is traded on PCX; (iv) at the time of the Issuer’s initial listing on PCX, a regional exchange listing was thought to provide added liquidity to a nationally-traded stock because some investors traded only on regional exchanges; (v) since that time, however, advances in electronic trading platforms have essentially created a single domestic trading platform and eliminated the benefit of dual listings on regional exchanges; and (vi) listing on a regional exchange no longer provides any additional value, and delisting from PCX will save costs by eliminating fees associated with the listing and reduce reporting activities. The Issuer stated in its application that it has complied with applicable 5 17 CFR 200.30–3(a)(1). U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). 1 15 E:\FR\FM\28SEN1.SGM 28SEN1

Agencies

[Federal Register Volume 70, Number 187 (Wednesday, September 28, 2005)]
[Notices]
[Pages 56748-56749]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5305]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-07657]


Issuer Delisting; Notice of Application of American Express 
Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and 
Registration on the Chicago Stock Exchange, Inc.

September 21, 2005.
    On August 24, 2005, American Express Company, a New York 
corporation (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.20 par value 
(``Security''), from listing and registration on the Chicago Stock 
Exchange, Inc. (``CHX'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 781(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    The Board of Directors (``the Board'') of the Issuer approved a 
resolution on July 25, 2005 to withdraw the Security from listing on 
CHX. The Issuer stated that the following reason factored into the 
Board's decision to withdraw the Security from CHX: the staff time and 
costs associated with maintaining a listing on regional exchanges has 
outweighed the benefits. The Issuer stated in its application that the 
Security is listed on the New York Stock Exchange, Inc. (``NYSE'').
    The Issuer stated in its application that it has complied with 
applicable rules of CHX by complying with all applicable laws in the 
State of New York, the state in which the Issuer is incorporated, and 
by providing CHX with the required documents governing the withdrawal 
of securities from listing and registration on CHX. The Issuer's 
application relates solely to the withdrawal of the Security from 
listing on CHX and shall not affect its continued listing on NYSE or 
the Boston Stock Exchange, Inc. (``BSE''),\3\ or its obligation to be 
registered under Section 12(b) of the Act.\4\
---------------------------------------------------------------------------

    \3\ On August 24, 2005, the Issuer filed an application with the 
Commission to withdraw the Security from listing and registration on 
BSE. Notice of such application will be published separately.
    \4\ 15 U.S.C. 781(b).
---------------------------------------------------------------------------

    Any interested person may, on or before October 11, 2005 comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of CHX, 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

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-07657 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-07657. 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

[[Page 56749]]

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.\5\
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
 [FR Doc. E5-5305 Filed 9-27-05; 8:45 am]
BILLING CODE 8010-01-P
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