Wisconsin District Advisory Council; Public Meeting, 67527 [05-22086]
Download as PDF
Federal Register / Vol. 70, No. 214 / Monday, November 7, 2005 / Notices
approved. These cross references
pertain to disclosures mediators are
required to make in connection with
interests, relationships, or
circumstances which might influence
their objectivity and impartiality.
C. Comment Summary
The Commission received one
comment letter on the proposed
Mediation Code, in which the Pace
Investor Rights Project endorsed the
proposed rule change because it
preserves the existing NASD mediation
system, while allowing individual
investors to better understand the
mediation rules through plain English.10
Pace generally supports the mediation
of securities disputes and cites Professor
Jill Gross for her conclusion in a
forthcoming article that mediation is fair
to the individual investor because it
maximizes party control over the
process and offers procedural justice at
relatively low cost, among other
things.11
III. Discussion and Findings
After careful consideration, the
Commission finds that the proposed
rule change, as amended, is consistent
with the requirements of the Act and the
rules and regulations thereunder
applicable to a national securities
association 12 and, in particular, the
requirements of Section 15A of the
Act 13 and the rules and regulations
thereunder. The Commission finds that
the proposed rule change, as amended,
is consistent with Section 15A(b)(6) of
the Act,14 which requires, among other
things, that the rules of an association
be designed to prevent fraudulent and
manipulative acts and practices, to
promote just and equitable principles of
trade, and, in general, to protect
investors and the public interest.15 The
Commission believes that proposed rule
change, as amended, accomplishes these
goals by improving the readability,
accessibility, and therefore usability of
procedures that establish an alternative,
voluntary, and potentially low-cost
forum for dispute resolution in the
securities industry.
The Commission believes that there is
good cause for approving Amendment
No. 3 prior to the 30th day after
publication in the Federal Register. The
proposed rule change and Amendments
10 Pace
Letter.
11 Id.
12 In approving this proposed rule change, the
Commission notes that it has considered the
proposed rule’s impact on efficiency, competition,
and capital formation. 15 U.S.C. 78c(f).
13 15 U.S.C. 78o–3.
14 15 U.S.C. 78o–3(b)(6).
15 Id.
VerDate Aug<31>2005
16:38 Nov 04, 2005
Jkt 208001
Nos. 1 and 2 thereto previously have
been published for comment and have
been available on NASD’s Web site
since their filing with the Commission.
Amendment No. 3 proposes nonsubstantive, technical changes to the
proposed rule change, consistent with
the current Code, in order to facilitate
approval of the proposed Mediation
Code. Accelerated approval of
Amendment No. 3 will allow parties to
more quickly utilize the reorganized and
revised Mediation Code. Based on the
above, the Commission finds good
cause, consistent with Section 15A(b)(6)
and Section 19(b)(2) of the Act, for
approving Amendment No. 3 prior to
the 30th day after the date of
publication of notice of filing thereof in
the Federal Register.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning Amendment No.
3, including whether it 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–NASD–2004–013 on the
subject line.
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 SR–NASD–2004–013. The 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, 100 F Street, NE., Washington,
PO 00000
Frm 00118
Fmt 4703
Sfmt 4703
67527
DC 20549. Copies of such filing will also
be available for inspection and copying
at the principal office of NASD. 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 SR–2004–
013 and should be submitted on or
before November 28, 2005.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority, 17 CFR 200.30–3(a)(12).
Jonathan G. Katz,
Secretary.
[FR Doc. E5–6140 Filed 11–4–05; 8:45 am]
BILLING CODE 8010–01–P
SMALL BUSINESS ADMINISTRATION
Wisconsin District Advisory Council;
Public Meeting
The U.S. Small Business
Administration Wisconsin District
Advisory Council will be hosting a
meeting on Tuesday, November 15,
2005, to discuss such matters that may
be presented by members, and staff of
the U.S. Small Business Administration,
or others present. The meeting will be
held at the U.S. Small Business
Administration, Wisconsin District—
Milwaukee, 310 West Wisconsin
Avenue, Suite 400, Milwaukee,
Wisconsin.
Anyone wishing to attend must
contact Cindy Merrigan in writing or by
fax. Cindy Merrigan, U.S. Small
Business Administration, 740 Regent
Street, Suite 100, Madison, Wisconsin
53715, phone (608) 441–5560, fax (202)
481–0815, e-mail:
cindy.merrigan@sba.gov.
Matthew K. Becker,
Committee Management Officer.
[FR Doc. 05–22086 Filed 11–4–05; 8:45 am]
BILLING CODE 8025–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Agency Information Collection Activity
Under OMB Review, Request for
Comments; Renewal of an Approved
Information Collection Activity,
Exemptions for Air Taxi and Commuter
Air Carrier Operations
Federal Aviation
Administration (FAA), DOT.
ACTION: Notice and request for
comments.
AGENCY:
E:\FR\FM\07NON1.SGM
07NON1
Agencies
[Federal Register Volume 70, Number 214 (Monday, November 7, 2005)]
[Notices]
[Page 67527]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-22086]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Wisconsin District Advisory Council; Public Meeting
The U.S. Small Business Administration Wisconsin District Advisory
Council will be hosting a meeting on Tuesday, November 15, 2005, to
discuss such matters that may be presented by members, and staff of the
U.S. Small Business Administration, or others present. The meeting will
be held at the U.S. Small Business Administration, Wisconsin District--
Milwaukee, 310 West Wisconsin Avenue, Suite 400, Milwaukee, Wisconsin.
Anyone wishing to attend must contact Cindy Merrigan in writing or
by fax. Cindy Merrigan, U.S. Small Business Administration, 740 Regent
Street, Suite 100, Madison, Wisconsin 53715, phone (608) 441-5560, fax
(202) 481-0815, e-mail: cindy.merrigan@sba.gov.
Matthew K. Becker,
Committee Management Officer.
[FR Doc. 05-22086 Filed 11-4-05; 8:45 am]
BILLING CODE 8025-01-P