Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the DB Commodity Index Tracking Fund, 31232-31234 [E6-8438]
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Federal Register / Vol. 71, No. 105 / Thursday, June 1, 2006 / Notices
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These exemptions are contained in 17
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Dated: May 24, 2006.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E6–8472 Filed 5–31–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53858; File No. SR–Amex–
2006–53]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change Relating to
the DB Commodity Index Tracking
Fund
May 24, 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 May 23,
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 and II
below, which Items have been prepared
by the Exchange. The Amex filed the
proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(6) thereunder,4 which renders
the proposal effective upon filing with
the Commission. The Commission is
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6).
2 17
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Federal Register / Vol. 71, No. 105 / Thursday, June 1, 2006 / Notices
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 revise the
manner in which the Deutsche Bank
Liquid Commodity IndexTM—Excess
Return (the ‘‘DBLCI’’ or ‘‘Index’’) is
maintained in connection with the
listing and trading of the DB Commodity
Index Tracking Fund (the ‘‘Trust’’ or
‘‘Fund’’). The Commission previously
approved the listing and trading of the
shares of the Fund on the Exchange.5
The Exchange has designated this
proposal as non-controversial and has
requested that the Commission waive
the 30-day operative delay contained in
Rule 19b–4(f)(6)(iii) under the Act.6 The
text of the proposed rule change is
available on the Amex’s Web site
(https://www.amex.com), at the Amex’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
Amex 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 Amex 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 the proposal is to
clarify the manner in which the DBLCI
is maintained. In particular, the
proposal seeks to provide that the
replacement of expiring futures
contracts will be based on ‘‘Optimal
Yield’’ roll rules for the DBLCI, which
are described in detail below. The effect
of this change will be to maximize the
benefits of rolling in backwardated 7
wwhite on PROD1PC61 with NOTICES
5 See
Securities Exchange Act Release Nos. 53105
(January 11, 2006), 71 FR 3129 (January 19, 2006)
(approving the listing and trading of the DB
Commodity Index Tracking Fund).
6 17 CFR 240.19b–4(f)(6)(iii).
7 ‘‘Backwardation’’ refers to a condition in which
commodity deliveries in the near future have a
higher price than those made later on. This occurs
when demand for the commodity is greater in the
near term.
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markets and minimize the loss from
rolling in markets in contango.8 The
Exchange proposes that the proposed
change be operative June 1, 2006.
The Exchange believes that adoption
of this change to futures replacement
will mitigate losses associated with
contango conditions and maximize
gains associated with backwardated
conditions, thereby benefiting
investors.9 A contango condition erodes
investor returns/yields because the price
of the futures contract being sold, i.e.,
the nearby futures contract, is less than
the price of the futures contract being
purchased, i.e., a futures contract
expiring in a later month than the
nearby futures contract. Conversely, a
backwardated condition benefits
investors by increasing returns/yields
because the price of the futures contract
being sold, i.e., the nearby futures
contract, is greater than the price of the
futures contract being purchased, i.e., a
futures contract expiring in a later
month than the nearby futures contract.
Currently, the expiring futures
contracts are replaced monthly (other
than in November) during the first week
of the month in the case of futures
contracts relating to crude oil and
heating oil and annually in November in
the case of futures contracts relating to
aluminum, gold, corn and wheat. Crude
oil and heating oil futures contracts are
always replaced with the contract
expiring in the next month; aluminum,
gold, corn and wheat contracts are
always replaced with a contract expiring
in one year. The Index Sponsor and the
Exchange believe that instituting
‘‘Optimal Yield’’ roll rules for the Index
futures contracts, which require the
Index Sponsor to replace expiring
contracts in the Index with the highest
yielding or ‘‘optimal’’ futures contract
that will expire in no more than thirteen
(13) months, will provide greater
flexibility for the Index Sponsor to
reduce the effects of contango
conditions and increase the benefits of
backwardation for the benefit of
investors and the marketplace.
Under this proposal, an existing
contract must be replaced with a longerdated contract if the existing contract is
within a predetermined number of
months of its expiration depending on
the particular commodity and based on
the historical liquidity of the particular
commodity as it approached expiration.
The new futures contract will be the
8 ‘‘Contango’’ refers to a condition in which
distant delivery prices for futures exceed spot
prices, often due to the costs of storing and insuring
the underlying commodity.
9 A contango market will tend to cause a drag on
the Index while a backwardated market will tend
to cause a push on the Index.
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31233
contract with the maximum implied roll
yield over the next 13 months. The
maximum implied roll yield is
determined by inputting the prices of
the contracts expiring in future months
and the price of the existing contract
into a formula that compares the prices
and accounts for the time value
associated with those prices based on
the time-to-expiration of each contract.
If two (2) contracts for a particular
commodity have the same maximum
implied roll yield, the contract with the
maximum yield and minimum time to
expiration will be selected. Once the
contract is selected, the monthly index
roll will unwind the old futures contract
and enter a position in the new contract.
This will occur between the 2nd and 6th
business days of the month.
The Exchange in this proposal solely
seeks to permit the listing and trading
of the shares of the Fund based on the
revised Index replacement mechanism.
This revision will be fully disclosed to
the marketplace and investors through a
regulatory filing by the Fund, as well as
information on the Fund’s Web site at
www.dbcfund.db.com.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act,10 in general, and
furthers the objectives of Section 6(b)(5)
of the Act,11 in particular, in that it is
designed to prevent fraudulent and
manipulative acts and practices,
promote just and equitable principles of
trade, remove impediments to and
perfect the mechanism of a free and
open market and a national market
system, and, in general, protect
investors and the public interest.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The proposed rule change does not
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
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
10 15
11 15
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U.S.C. 78f(b).
U.S.C. 78f(b)(5).
01JNN1
31234
Federal Register / Vol. 71, No. 105 / Thursday, June 1, 2006 / Notices
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, it has
become effective pursuant to Section
19(b)(3)(A) of the Act 12 and Rule 19b–
4(f)(6) thereunder.13
A proposed rule change filed under
Rule 19b–4(f)(6) normally may not
become operative prior to 30 days after
the date of filing.14 However, Rule 19b–
4(f)(6)(iii) 15 permits the Commission to
designate a shorter time if such action
is consistent with the protection of
investors and the public interest.
The Amex has requested that the
Commission waive the 30-day operative
delay so that the proposed rule change
is operative on June 1, 2006. The
Commission believes that waiving the
30-day operative delay is consistent
with the protection of investors and the
public interest because the proposal
seeks to change the manner in which
futures contracts comprising the DBLCI
are replaced or ‘‘rolled’’ so that the
effects of contango are reduced while
the benefits of backwardation are
increased to the advantage of investors
and the marketplace. For this reason,
the Commission designates the proposal
to be operative on June 1, 2006, as
requested by the Exchange.16
At any time within 60 days of the
filing of the proposed rule change, the
Commission may summarily abrogate
such rule change if it appears to the
Commission that such action is
necessary or appropriate in the public
interest, for the protection of investors,
or otherwise in furtherance of the
purposes of the Act.17
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:
12 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6).
14 17 CFR 240.19b–4(f)(6)(iii). As required by Rule
19b–4(f)(6)(iii), the Amex provided the Commission
with written notice of its intent to file this proposed
rule change, along with a brief description and text
of the proposed change, at least five business days
prior to the date of filing of the proposed rule
change.
15 Id.
16 For purposes only of waiving the 30-day
operative delay, the Commission has considered the
proposed rule’s impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
17 See Section 19(b)(3)(C) of the Act, 15 U.S.C.
78s(b)(3)(C).
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13 17
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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–Amex–2006–53 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
20549–1090.
All submissions should refer to File
Number SR–Amex–2006–53. This 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
Room. Copies of such filing also will be
available for inspection and copying at
the principal office of the Exchange. 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–Amex–2006–53 and should
be submitted on or before June 22, 2006.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.18
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E6–8438 Filed 5–31–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–53867; File No. SR–Amex–
2006–50]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Order Granting
Accelerated Approval of Proposed
Rule Change Regarding Options Quote
Size Mitigation
May 25, 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 May 18,
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 and II
below, which Items have been
substantially prepared by the Amex.
The Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons and to approve the proposal on
an accelerated basis.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to extend the
operation of the options market data
size mitigation pilot program (‘‘Options
Size Mitigation’’ or ‘‘Pilot Program’’)
from March 5, 2006 through March 5,
2007.
The text of the proposed rule change
is available on the Amex’s Web site
(https://www.amex.com), at the Office of
the Secretary, the Amex, 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
Amex 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 III below. The Exchange has
prepared summaries, set forth in
sections A, B, and C below, of the most
significant aspects of such statements.
1 15
18 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00093
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Sfmt 4703
2 17
E:\FR\FM\01JNN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
01JNN1
]]>Agencies
[Federal Register Volume 71, Number 105 (Thursday, June 1, 2006)]
[Notices]
[Pages 31232-31234]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-8438]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-53858; File No. SR-Amex-2006-53]
Self-Regulatory Organizations; American Stock Exchange LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change
Relating to the DB Commodity Index Tracking Fund
May 24, 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 May 23, 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 and
II below, which Items have been prepared by the Exchange. The Amex
filed the proposed rule change pursuant to Section 19(b)(3)(A) of the
Act \3\ and Rule 19b-4(f)(6) thereunder,\4\ which renders the proposal
effective upon filing with the Commission. The Commission is
[[Page 31233]]
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.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to revise the manner in which the Deutsche
Bank Liquid Commodity IndexTM--Excess Return (the ``DBLCI''
or ``Index'') is maintained in connection with the listing and trading
of the DB Commodity Index Tracking Fund (the ``Trust'' or ``Fund'').
The Commission previously approved the listing and trading of the
shares of the Fund on the Exchange.\5\ The Exchange has designated this
proposal as non-controversial and has requested that the Commission
waive the 30-day operative delay contained in Rule 19b-4(f)(6)(iii)
under the Act.\6\ The text of the proposed rule change is available on
the Amex's Web site (https://www.amex.com), at the Amex's Office of the
Secretary, and at the Commission's Public Reference Room.
---------------------------------------------------------------------------
\5\ See Securities Exchange Act Release Nos. 53105 (January 11,
2006), 71 FR 3129 (January 19, 2006) (approving the listing and
trading of the DB Commodity Index Tracking Fund).
\6\ 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
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 proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Amex 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 the proposal is to clarify the manner in which the
DBLCI is maintained. In particular, the proposal seeks to provide that
the replacement of expiring futures contracts will be based on
``Optimal Yield'' roll rules for the DBLCI, which are described in
detail below. The effect of this change will be to maximize the
benefits of rolling in backwardated \7\ markets and minimize the loss
from rolling in markets in contango.\8\ The Exchange proposes that the
proposed change be operative June 1, 2006.
---------------------------------------------------------------------------
\7\ ``Backwardation'' refers to a condition in which commodity
deliveries in the near future have a higher price than those made
later on. This occurs when demand for the commodity is greater in
the near term.
\8\ ``Contango'' refers to a condition in which distant delivery
prices for futures exceed spot prices, often due to the costs of
storing and insuring the underlying commodity.
---------------------------------------------------------------------------
The Exchange believes that adoption of this change to futures
replacement will mitigate losses associated with contango conditions
and maximize gains associated with backwardated conditions, thereby
benefiting investors.\9\ A contango condition erodes investor returns/
yields because the price of the futures contract being sold, i.e., the
nearby futures contract, is less than the price of the futures contract
being purchased, i.e., a futures contract expiring in a later month
than the nearby futures contract. Conversely, a backwardated condition
benefits investors by increasing returns/yields because the price of
the futures contract being sold, i.e., the nearby futures contract, is
greater than the price of the futures contract being purchased, i.e., a
futures contract expiring in a later month than the nearby futures
contract.
---------------------------------------------------------------------------
\9\ A contango market will tend to cause a drag on the Index
while a backwardated market will tend to cause a push on the Index.
---------------------------------------------------------------------------
Currently, the expiring futures contracts are replaced monthly
(other than in November) during the first week of the month in the case
of futures contracts relating to crude oil and heating oil and annually
in November in the case of futures contracts relating to aluminum,
gold, corn and wheat. Crude oil and heating oil futures contracts are
always replaced with the contract expiring in the next month; aluminum,
gold, corn and wheat contracts are always replaced with a contract
expiring in one year. The Index Sponsor and the Exchange believe that
instituting ``Optimal Yield'' roll rules for the Index futures
contracts, which require the Index Sponsor to replace expiring
contracts in the Index with the highest yielding or ``optimal'' futures
contract that will expire in no more than thirteen (13) months, will
provide greater flexibility for the Index Sponsor to reduce the effects
of contango conditions and increase the benefits of backwardation for
the benefit of investors and the marketplace.
Under this proposal, an existing contract must be replaced with a
longer-dated contract if the existing contract is within a
predetermined number of months of its expiration depending on the
particular commodity and based on the historical liquidity of the
particular commodity as it approached expiration. The new futures
contract will be the contract with the maximum implied roll yield over
the next 13 months. The maximum implied roll yield is determined by
inputting the prices of the contracts expiring in future months and the
price of the existing contract into a formula that compares the prices
and accounts for the time value associated with those prices based on
the time-to-expiration of each contract. If two (2) contracts for a
particular commodity have the same maximum implied roll yield, the
contract with the maximum yield and minimum time to expiration will be
selected. Once the contract is selected, the monthly index roll will
unwind the old futures contract and enter a position in the new
contract. This will occur between the 2nd and 6th business days of the
month.
The Exchange in this proposal solely seeks to permit the listing
and trading of the shares of the Fund based on the revised Index
replacement mechanism. This revision will be fully disclosed to the
marketplace and investors through a regulatory filing by the Fund, as
well as information on the Fund's Web site at www.dbcfund.db.com.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act,\10\ in general, and furthers the
objectives of Section 6(b)(5) of the Act,\11\ in particular, in that it
is designed to prevent fraudulent and manipulative acts and practices,
promote just and equitable principles of trade, remove impediments to
and perfect the mechanism of a free and open market and a national
market system, and, in general, protect investors and the public
interest.
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\10\ 15 U.S.C. 78f(b).
\11\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition
The proposed rule change does not 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
Because the foregoing proposed rule change does not: (i)
Significantly affect the protection of investors or the public
[[Page 31234]]
interest; (ii) impose any significant burden on competition; and (iii)
become operative for 30 days from the date on which it was filed, or
such shorter time as the Commission may designate, it has become
effective pursuant to Section 19(b)(3)(A) of the Act \12\ and Rule 19b-
4(f)(6) thereunder.\13\
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\12\ 15 U.S.C. 78s(b)(3)(A).
\13\ 17 CFR 240.19b-4(f)(6).
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A proposed rule change filed under Rule 19b-4(f)(6) normally may
not become operative prior to 30 days after the date of filing.\14\
However, Rule 19b-4(f)(6)(iii) \15\ permits the Commission to designate
a shorter time if such action is consistent with the protection of
investors and the public interest.
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\14\ 17 CFR 240.19b-4(f)(6)(iii). As required by Rule 19b-
4(f)(6)(iii), the Amex provided the Commission with written notice
of its intent to file this proposed rule change, along with a brief
description and text of the proposed change, at least five business
days prior to the date of filing of the proposed rule change.
\15\ Id.
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The Amex has requested that the Commission waive the 30-day
operative delay so that the proposed rule change is operative on June
1, 2006. The Commission believes that waiving the 30-day operative
delay is consistent with the protection of investors and the public
interest because the proposal seeks to change the manner in which
futures contracts comprising the DBLCI are replaced or ``rolled'' so
that the effects of contango are reduced while the benefits of
backwardation are increased to the advantage of investors and the
marketplace. For this reason, the Commission designates the proposal to
be operative on June 1, 2006, as requested by the Exchange.\16\
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\16\ For purposes only of waiving the 30-day operative delay,
the Commission has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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At any time within 60 days of the filing of the proposed rule
change, the Commission may summarily abrogate such rule change if it
appears to the Commission that such action is necessary or appropriate
in the public interest, for the protection of investors, or otherwise
in furtherance of the purposes of the Act.\17\
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\17\ See Section 19(b)(3)(C) of the Act, 15 U.S.C. 78s(b)(3)(C).
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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 (https://
www.sec.gov/rules/sro.shtml); or
Send an e-mail to rule-comments@sec.gov. Please include
File Number SR-Amex-2006-53 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 20549-1090.
All submissions should refer to File Number SR-Amex-2006-53. This
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 Room. Copies of such
filing also will be available for inspection and copying at the
principal office of the Exchange. 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-Amex-2006-53 and should be submitted on or before June
22, 2006.
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\18\ 17 CFR 200.30-3(a)(12).
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\18\
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E6-8438 Filed 5-31-06; 8:45 am]
BILLING CODE 8010-01-P
