Notice of Meeting; Sunshine Act, 10085 [06-1906]
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Federal Register / Vol. 71, No. 39 / Tuesday, February 28, 2006 / Notices
countries do not seem to have much
effect in developing countries. This
briefing will begin at 10 a.m. in the
Commission’s hearing room.
The second briefing will be presented
by Postal Service Headquarters
personnel. It will explain the impact of
extensive changes in the design of the
Service’s In-Office Cost System data
collection effort on the most recent
(fiscal year 2005) Cost and Revenue
Analysis. This briefing will begin at 2
p.m. in the Commission’s hearing room.
DATES: March 1, 2006.
ADDRESSES: Postal Rate Commission,
901 New York Ave., NW., Suite 200,
Washington, DC 20288–0001.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
202–789–6820.
Steven W. Williams,
Secretary.
[FR Doc. 06–1857 Filed 2–27–06; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
wwhite on PROD1PC65 with NOTICES
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Pub. L. 94–409, that the
Securities and Exchange Commission
will hold the following meeting during
the week of February 27, 2006:
A closed meeting will be held on
Thursday, March 2, 2006 at 2 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters may also be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (6), (7), (9)(B), and
(10) and 17 CFR 200.402(a)(3), (5), (6),
(7), 9(ii) and (10) permit consideration
of the scheduled matters at the closed
meeting.
Commissioner Atkins, as duty officer,
voted to consider the items listed for the
closed meeting in closed session.
The subject matter of the closed
meeting scheduled for Thursday, March
2, 2006 will be:
Formal orders of investigations;
Institution and settlement of injunctive
actions; and
Institution and settlement of
administrative proceedings of an
enforcement nature.
Jkt 208001
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53341; File No. SR–Amex–
2006–15]
February 21, 2006.
Notice of Meeting; Sunshine Act
17:06 Feb 27, 2006
Dated: February 23, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. 06–1906 Filed 2–24–06; 11:12 am]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change to Increase
the Options Marketing Fee Applicable
to Certain Types of Equity Options
BILLING CODE 7710–FW–M
VerDate Aug<31>2005
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact:
The Office of the Secretary at (202)
551–5400.
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 February
15, 2006, the American Stock Exchange
LLC (‘‘Amex’’ 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 Amex. The
Amex has designated this proposal as
one establishing or changing a due, fee,
or other charge imposed by a selfregulatory organization pursuant to
Section 19(b)(3)(A)(ii) of the Act 3 and
Rule 19–4(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 Exchange proposes to increase
the options marketing fee applicable to
certain equity options. The text of the
proposed rule change is available on the
Amex’s Web site at https://
www.amex.com, at the principal office
of the Exchange, and at the
Commission’s Public Reference Room.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
2 17
PO 00000
Frm 00086
Fmt 4703
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10085
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
Amex included statements concerning
the purpose of, and basis for, the
proposed rule change and discussed any
comments it received on the proposal.
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
In June 2003, the Exchange re-instated
its options marketing fee of $0.40 per
contract on the transactions of
specialists and registered options
traders (‘‘ROTs’’) in equity options.5
Currently, the options marketing fee is
eligible to be assessed on all equity
options transactions (including options
on exchange-traded funds and trust
issued receipts). The Exchange now
proposes to amend the equity options
marketing fee to increase the fee from
the current level of $0.40 to $0.75 per
contract (except for SPDR options,
which will continue to remain subject to
the current fee level of $1.00 per
contract).6 The Exchange also proposes
to revise the equity options marketing
fee by limiting its assessment to
customer orders that are from payment
accepting firms with whom a specialist
has negotiated a payment for order flow
arrangement and that are executed
electronically (i.e., through the
Exchange’s ANTE system).7 The current
equity options marketing fee is assessed
on all executed customer orders
(whether electronically or manually
executed) of payment accepting firms.
This revision further limits the
assessment of the marketing fee to
electronic executions.
The Exchange represents that it has
no role with respect to the negotiations
between specialists and payment
accepting firms. The Exchange states
that it collects and administers the
payment of the fee collected on those
transactions for which the specialist has
5 See Securities Exchange Act Release No. 48053
(June 17, 2003), 68 FR 37880 (June 25, 2003).
6 See Securities Exchange Act Release No. 51685
(May 11, 2005), 70 FR 28587 (May 18, 2005).
7 Telephone conversation between Caroline
McCaffery, Assistant General Counsel, Amex, and
Hong Anh Tran, Special Counsel, Division of
Market Regulation, on February 17, 2006.
E:\FR\FM\28FEN1.SGM
28FEN1
Agencies
[Federal Register Volume 71, Number 39 (Tuesday, February 28, 2006)]
[Notices]
[Page 10085]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-1906]
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SECURITIES AND EXCHANGE COMMISSION
Notice of Meeting; Sunshine Act
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and
Exchange Commission will hold the following meeting during the week of
February 27, 2006:
A closed meeting will be held on Thursday, March 2, 2006 at 2 p.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the closed meeting.
Certain staff members who have an interest in the matters may also be
present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (9)(B), and (10) and 17 CFR
200.402(a)(3), (5), (6), (7), 9(ii) and (10) permit consideration of
the scheduled matters at the closed meeting.
Commissioner Atkins, as duty officer, voted to consider the items
listed for the closed meeting in closed session.
The subject matter of the closed meeting scheduled for Thursday,
March 2, 2006 will be:
Formal orders of investigations;
Institution and settlement of injunctive actions; and
Institution and settlement of administrative proceedings of an
enforcement nature.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
For further information and to ascertain what, if any, matters have
been added, deleted or postponed, please contact:
The Office of the Secretary at (202) 551-5400.
Dated: February 23, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. 06-1906 Filed 2-24-06; 11:12 am]
BILLING CODE 8010-01-P