Self-Regulatory Organizations; International Securities Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend Rule 700 With Respect to the Hours of Trading in Equity Options and Narrow-Based Index Options, 2279-2281 [E6-255]
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Federal Register / Vol. 71, No. 9 / Friday, January 13, 2006 / Notices
application has been made in
accordance with the rules of PCX, 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 1–11535 or;
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–9303.
All submissions should refer to File
Number 1–11535. 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
Nancy M. Morris,
Secretary.
[FR Doc. E6–253 Filed 1–12–06; 8:45 am]
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 1–31528 or;
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 1–31528]
Issuer Delisting; Notice of Application
of IAMGOLD Corporation To Withdraw
Its Common Shares, No Par Value,
From Listing and Registration on the
American Stock Exchange LLC
hsrobinson on PROD1PC70 with NOTICES
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
shares, no par value (‘‘Security’’), from
listing and registration on the American
Stock Exchange LLC (‘‘Amex’’).
On October 31, 2005, the Board of
Directors (‘‘Board’’) of the Issuer
unanimously approved resolutions to
withdraw the Security from listing on
Amex and to list the Security on the
New York Stock Exchange, Inc.
(‘‘NYSE’’). The Issuer stated that the
Board determined to withdraw the
Security from Amex and list the
Security on NYSE for the following
reasons: (i) The Board believes it is in
the best interest of the Issuer to list the
Security on NYSE to enhance the profile
of the Issuer; and (ii) in order to avoid
the direct and indirect costs and the
division of the market resulting from
dual listing on Amex and NYSE.
The Issuer stated in its application
that it has met the requirements of
Amex Rule 18 by complying with all
applicable laws in effect in Canada, in
which it is incorporated, and providing
written notice of withdrawal to Amex.
The Issuer’s application relates solely
to the withdrawal of the Security from
listing on Amex, and shall not affect its
continued listing on NYSE or its
obligation to be registered under Section
12(b) of the Act.3
Any interested person may, on or
before February 1, 2006, comment on
the facts bearing upon whether the
application has been made in
accordance with the rules of Amex, 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:
January 6, 2006.
On December 13, 2005, IAMGOLD
Corporation, a Canadian corporation
(‘‘Issuer’’), filed an application with the
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–9303.
All submissions should refer to File
Number 1–31528. 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
Nancy M. Morris,
Secretary.
[FR Doc. E6–254 Filed 1–12–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53055; File No. SR–ISE–
2005–58]
Self-Regulatory Organizations;
International Securities Exchange, Inc.;
Notice of Filing of a Proposed Rule
Change To Amend Rule 700 With
Respect to the Hours of Trading in
Equity Options and Narrow-Based
Index Options
January 5, 2006
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 December
27, 2005, the International Securities
Exchange, Inc. (‘‘ISE’’ or ‘‘Exchange’’)
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 ISE. 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 ISE proposes to amend its rules
governing the hours of trading in equity
options and narrow-based index
CFR 200.30–3(a)(1).
VerDate Aug<31>2005
15:41 Jan 12, 2006
Jkt 208001
1 15
4 17
2 17
4 17
U.S.C. 78l(d).
CFR 240.12d2–2(d).
3 15 U.S.C. 78l(b).
1 15
PO 00000
Frm 00102
Fmt 4703
CFR 200.30–3(a)(1).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
Sfmt 4703
2279
E:\FR\FM\13JAN1.SGM
13JAN1
2280
Federal Register / Vol. 71, No. 9 / Friday, January 13, 2006 / Notices
options. The Exchange proposes that
these changes be implemented on
February 1, 2006. The text of the
proposed rule change is available on the
ISE’s Web site (https://
www.iseoptions.com), at the ISE’s Office
of the Secretary, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
hsrobinson on PROD1PC70 with NOTICES
1. Purpose
The purpose of this rule change is to
amend ISE Rule 700 governing the
hours of trading in equity options and
narrow-based index options.
Specifically, the ISE proposes to amend
its rule to change the close of the normal
trading hours in options on individual
stocks and narrow-based indexes from
4:02 p.m. to 4 p.m. (New York time).
After the change, the time of the close
of trading in these ISE options will
correspond to the normal time set for
the close of trading on the primary
exchanges listing the stocks underlying
the ISE options. The primary exchanges
generally close at 4 p.m. (New York
time).
The Exchange notes that in 1997 the
closing time for options on individual
stocks and narrow-based index was
changed from 4:10 p.m. to 4:02 p.m.
(New York time). The rationale to
continue trading options for some
limited period of time after the close of
trading on the primary markets for the
underlying securities was that the
extended period allowed options traders
to respond to late reports of closing
prices over the consolidated tape. If the
price of a late reported trade on an
underlying security was substantially
different from the previous reported
price, the extended trading session
would give options traders the
opportunity to bring options quotes in
line with the closing price of the
underlying security.
VerDate Aug<31>2005
15:41 Jan 12, 2006
Jkt 208001
However, because of improvements in
the processing and reporting of
transactions, the ISE believes that there
often are no longer significant delays in
the reporting of closing prices, and,
therefore, a two minute session is no
longer needed to trade options after the
underlying securities close trading.
Additionally, the Exchange believes that
pricing aberrations can occur if an
option is traded when the underlying
stock is no longer trading, since there is
a close relationship in the price of the
underlying stock and the overlying
option. As a result, the ISE believes that
it is difficult for the market to price
options accurately when the underlying
security is not trading.
As noted above, the Exchange also
proposes to change the closing time for
options on narrow-based indexes, as
defined in ISE Rule 2001, because these
indexes are subject to the same pricing
problems as options on individual
stocks. According to the ISE, a
significant news announcement on one
component of a narrow-based index
could have a significant effect on that
index. However, the Exchange is not at
this time proposing to change the
closing time of 4:15 p.m. for options on
a broad-based index, as defined in ISE
Rule 2001, because the ISE believes that
it is unlikely that a significant news
announcement by the issuer on one
component stock of a broad-based index
is likely to have a significant effect on
the price of that broad-based index.
Accordingly, the Exchange is also
proposing to codify a 4:15 p.m. closing
time for options on a broad-based index.
The Exchange notes that if it were to
unilaterally modify its closing time, the
existence of dissimilar closing times
applicable to the different options
exchanges would likely lead to
confusion for options investors and
broker-dealers. It is the ISE’s
understanding that all of the options
exchanges have determined to change
their respective rules to adjust the
closing time in options on individual
stocks and narrow-based indexes from
4:02 p.m. to 4 p.m. (New York time).
The ISE further understands that the
options exchanges collectively have
determined that they would implement
this new closing time on February 1,
2006.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act 3 in general, and
furthers the objectives of Section 6(b)(5)
of the Act 4 in particular, because it is
3 15
4 15
PO 00000
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
Frm 00103
Fmt 4703
Sfmt 4703
designed to prevent fraudulent and
manipulative acts and practices, to
promote just and equitable principles of
trade, to remove and perfect the
mechanisms of a free and open market
and a national market system and, in
general, to protect investors and the
public interest.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The ISE does not believe that the
proposed rule change will impose any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 35 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the Exchange consents,
the Commission will:
(A) By order approve such proposed
rule change, or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
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 at (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number SR–ISE–2005–58 on the subject
line.
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–9303.
All submissions should refer to File
Number SR–ISE–2005–58. This file
E:\FR\FM\13JAN1.SGM
13JAN1
Federal Register / Vol. 71, No. 9 / Friday, January 13, 2006 / Notices
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. Copies of such filing also will
be available for inspection and copying
at the principal office of the ISE. 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 File
Number SR–ISE–2005–58 and should be
submitted on or before January 30, 2006.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.5
Nancy M. Morris,
Secretary.
[FR Doc. E6–255 Filed 1–12–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53071; File No. SR–NYSE–
2005–91]
Self-Regulatory Organizations; New
York Stock Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Revise
Certain of the Exchange’s Facility and
Equipment Fees and System
Processing Fees Charged to Members
hsrobinson on PROD1PC70 with NOTICES
January 6, 2006.
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 December
29, 2005, the New York Stock Exchange,
Inc. (‘‘Exchange’’ or ‘‘NYSE’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240. 19b–4.
Items I, II, and III below, which Items
have been prepared by the NYSE. The
NYSE has designated this proposal as
establishing or changing a due, fee, or
other charge imposed by a selfregulatory organization pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(2) thereunder,4 which renders
the proposal effective upon filing with
the Commission. 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 NYSE proposes to revise certain
of its Facility and Equipment Fees and
System Processing Fees charged to
members. The text of the proposed rule
change is available on the NYSE Web
site, (https://www.nyse.com), at the
NYSE’s principal office, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
NYSE included statements concerning
the purpose of and basis for the
proposed rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. The NYSE has
prepared summaries, set forth in
Sections A, B, and C below, of the most
significant aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange has undertaken a
thorough analysis of its various fees
charged to Exchange members for floor
and equipment and system processing
services. This analysis has taken into
account the changing business models
of the Exchange’s members. In most
cases, the Exchange’s fees have not been
meaningfully revised for a period of five
to 15 years.
In response to this analysis, the
Exchange proposes to revise its fee
schedules for certain floor and
equipment and system processing
services. These revisions to the
Exchange’s fee schedules would take
effect January 1, 2006 and form part of
the Exchange’s 2006 Price List. The
5 17
1 15
VerDate Aug<31>2005
15:41 Jan 12, 2006
3 15
4 17
Jkt 208001
PO 00000
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
Frm 00104
Fmt 4703
Sfmt 4703
2281
proposed changes are defined by certain
core objectives:
• Establish a fee structure that more
accurately and equitably reflects
member firms’ utilization of floor and
equipment and system processing
services;
• Simplify the Exchange’s fee
schedules and make them easier to
understand;
• Recognize the overall costs
members incur in order to trade at the
Exchange; and
• Encourage participation in the
NYSE’s marketplace.
The Exchange proposes to revise the
pricing of trading floor services in four
primary areas: Specialist Fees, Booth
Fees, Clerk Badge Fees, and UsageBased Fees.
Specialist Fees. The Exchange will
charge specialist firms a new ‘‘Trading
Privilege Fee’’ that will replace several
existing Exchange fees including the
Specialist Floor Fee, the Specialist Post
Fee, Specialist Odd Lot Charges, and
Specialist System Charges. This Trading
Privilege Fee will be assessed monthly
on the Exchange’s specialist firms for
each security, including any investment
company unit (‘‘ICU’’) traded,5 and will
be determined based on each security’s
consolidated average daily dollar
volume.
The Exchange anticipates that this
Trading Privilege Fee will:
• Further increase transparency and
simplify Exchange fees for specialists by
replacing four separate fees with one
new fee;
• Position the Exchange’s floor
revenues to grow with potential future
growth in the NYSE’s new listings
business;
• More closely align the Exchange’s
floor-related fees from specialists with
the fundamental driver of their business
activity; and
• Help offset the costs incurred to
provide technology and other
infrastructure to support specialist firms
operating on the floor of the Exchange.
Booth Fees. Currently, the Exchange
charges an annual fee per booth,6 billed
monthly on a pro-rated basis,7 that is
5 Includes securities and ICUs admitted to
dealings on an unlisted trading privileges (UTP)
basis.
6 Booths are workspaces located around the
perimeter of the trading floor where member firms
and independent brokers receive orders.
7 In its filing, the Exchange described this fee as
a monthly fee. The Exchange confirmed in a
telephone conference between John Carey, Assistant
General Counsel, NYSE, and David L. Orlic,
Attorney, Division of Market Regulation,
Commission, on January 6, 2006 that the fee is in
fact an annual fee billed monthly on a pro-rated
basis.
E:\FR\FM\13JAN1.SGM
13JAN1
Agencies
[Federal Register Volume 71, Number 9 (Friday, January 13, 2006)]
[Notices]
[Pages 2279-2281]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-255]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-53055; File No. SR-ISE-2005-58]
Self-Regulatory Organizations; International Securities Exchange,
Inc.; Notice of Filing of a Proposed Rule Change To Amend Rule 700 With
Respect to the Hours of Trading in Equity Options and Narrow-Based
Index Options
January 5, 2006
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 December 27, 2005, the International Securities Exchange, Inc.
(``ISE'' or ``Exchange'') 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 ISE.
The Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The ISE proposes to amend its rules governing the hours of trading
in equity options and narrow-based index
[[Page 2280]]
options. The Exchange proposes that these changes be implemented on
February 1, 2006. The text of the proposed rule change is available on
the ISE's Web site (https://www.iseoptions.com), at the ISE's Office of
the Secretary, and at the Commission's Public Reference Room.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, the Exchange included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
sections A, B, and C below, of the most significant aspects of such
statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of this rule change is to amend ISE Rule 700 governing
the hours of trading in equity options and narrow-based index options.
Specifically, the ISE proposes to amend its rule to change the close of
the normal trading hours in options on individual stocks and narrow-
based indexes from 4:02 p.m. to 4 p.m. (New York time). After the
change, the time of the close of trading in these ISE options will
correspond to the normal time set for the close of trading on the
primary exchanges listing the stocks underlying the ISE options. The
primary exchanges generally close at 4 p.m. (New York time).
The Exchange notes that in 1997 the closing time for options on
individual stocks and narrow-based index was changed from 4:10 p.m. to
4:02 p.m. (New York time). The rationale to continue trading options
for some limited period of time after the close of trading on the
primary markets for the underlying securities was that the extended
period allowed options traders to respond to late reports of closing
prices over the consolidated tape. If the price of a late reported
trade on an underlying security was substantially different from the
previous reported price, the extended trading session would give
options traders the opportunity to bring options quotes in line with
the closing price of the underlying security.
However, because of improvements in the processing and reporting of
transactions, the ISE believes that there often are no longer
significant delays in the reporting of closing prices, and, therefore,
a two minute session is no longer needed to trade options after the
underlying securities close trading. Additionally, the Exchange
believes that pricing aberrations can occur if an option is traded when
the underlying stock is no longer trading, since there is a close
relationship in the price of the underlying stock and the overlying
option. As a result, the ISE believes that it is difficult for the
market to price options accurately when the underlying security is not
trading.
As noted above, the Exchange also proposes to change the closing
time for options on narrow-based indexes, as defined in ISE Rule 2001,
because these indexes are subject to the same pricing problems as
options on individual stocks. According to the ISE, a significant news
announcement on one component of a narrow-based index could have a
significant effect on that index. However, the Exchange is not at this
time proposing to change the closing time of 4:15 p.m. for options on a
broad-based index, as defined in ISE Rule 2001, because the ISE
believes that it is unlikely that a significant news announcement by
the issuer on one component stock of a broad-based index is likely to
have a significant effect on the price of that broad-based index.
Accordingly, the Exchange is also proposing to codify a 4:15 p.m.
closing time for options on a broad-based index.
The Exchange notes that if it were to unilaterally modify its
closing time, the existence of dissimilar closing times applicable to
the different options exchanges would likely lead to confusion for
options investors and broker-dealers. It is the ISE's understanding
that all of the options exchanges have determined to change their
respective rules to adjust the closing time in options on individual
stocks and narrow-based indexes from 4:02 p.m. to 4 p.m. (New York
time). The ISE further understands that the options exchanges
collectively have determined that they would implement this new closing
time on February 1, 2006.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act \3\ in general, and furthers the
objectives of Section 6(b)(5) of the Act \4\ in particular, because it
is designed to prevent fraudulent and manipulative acts and practices,
to promote just and equitable principles of trade, to remove and
perfect the mechanisms of a free and open market and a national market
system and, in general, to protect investors and the public interest.
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f(b).
\4\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The ISE does not believe that the proposed rule change will impose
any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others
No written comments were solicited or received with respect to the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Within 35 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the Exchange consents, the Commission will:
(A) By order approve such proposed rule change, or
(B) Institute proceedings to determine whether the proposed rule
change should be disapproved.
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 at (https://
www.sec.gov/rules/sro.shtml); or
Send an e-mail to rule-comments@sec.gov. Please include
File Number SR-ISE-2005-58 on the subject line.
Paper Comments
Send paper comments in triplicate to Nancy M. Morris,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-9303.
All submissions should refer to File Number SR-ISE-2005-58. This file
[[Page 2281]]
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. Copies of such
filing also will be available for inspection and copying at the
principal office of the ISE. 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
File Number SR-ISE-2005-58 and should be submitted on or before January
30, 2006.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\5\
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\5\ 17 CFR 200.30-3(a)(12).
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Nancy M. Morris,
Secretary.
[FR Doc. E6-255 Filed 1-12-06; 8:45 am]
BILLING CODE 8010-01-P