In the Matter of America's Sports Voice, Inc. (n/k/a Milagro Holdings, Inc.), Dawcin International Corp., and Trans Continental Entertainment Group, Inc.; Order of Suspension of Trading, 35314 [06-5531]

Download as PDF 35314 Federal Register / Vol. 71, No. 117 / Monday, June 19, 2006 / Notices and revisions, the Directorate ensures that only useful, non-redundant information is collected. These efforts will reduce excessive reporting burdens. Burden on the Public: The Directorate estimates that an average of five minutes is expended for each proposal submitted. An estimated 6,000 responses are expected during the course of one year for a total of 500 public burden hours annually. Expected Respondents: Individuals. Estimated Number of Responses: 6,000. Estimated Number of Respondents: 6,000. Estimated Total Annual Burden on Respondents: 500 hours. Frequency of Responses: On occasion. Dated: June 14, 2006. Catherine J. Hines, Acting Reports Clearance Officer, National Science Foundation. [FR Doc. 06–5524 Filed 6–16–06; 8:45am] SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of America’s Sports Voice, Inc. (n/k/a Milagro Holdings, Inc.), Dawcin International Corp., and Trans Continental Entertainment Group, Inc.; Order of Suspension of Trading jlentini on PROD1PC65 with NOTICES June 15, 2006. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of America’s Sports Voice, Inc. (n/k/a Milagro Holdings, Inc.) because it has not filed a periodic report since the period ended June 30, 2001. It also appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Dawcin International Corp. because it has not filed a periodic report since the period ended March 31, 1997. It also appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Trans Continental Entertainment Group, Inc. because it has not filed a periodic report since the period ended January 31, 2003. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. Therefore, it is ordered that, pursuant to Section 12(k) of the Securities 16:46 Jun 16, 2006 Jkt 208001 By the Commission. Nancy M. Morris, Secretary. [FR Doc. 06–5531 Filed 6–15–06; 11:24 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–53973; File No. SR–Amex– 2006–34] Self-Regulatory Organizations; American Stock Exchange LLC; Order Approving Proposed Rule Change Relating to Minor Rule Violations and the Bunching of Odd-Lot Orders June 12, 2006. BILLING CODE 7555–01–M VerDate Aug<31>2005 Exchange Act of 1934, trading in the above-listed companies is suspended for the period from 9:30 a.m. e.d.t. on June 15, 2006, through 11:59 p.m. e.d.t. on June 28, 2006. On April 12, 2006, the American Stock Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a proposed rule change to include violations of its rule governing the bunching of odd-lot orders (Amex Rule 208) in Amex Rule 590, its Minor Rule Violation Plan (‘‘Plan’’). The proposed rule change was published for comment in the Federal Register on May 10, 2006.3 The Commission received no comments regarding the proposal. The Commission finds that the proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to a national securities exchange.4 In particular, the Commission believes that the proposal is consistent with Section 6(b)(5) of the Act,5 because handling violations of Amex Rule 208 pursuant to the Plan would enable prompt resolution of such violations in the interest of protecting investors and the public interest. The Commission also believes that the proposal is consistent with Sections 6(b)(1) and 6(b)(6) of the Act,6 which require that the rules of an exchange enforce compliance with, and provide 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 53749 (May 2, 2006), 71 FR 27298. 4 In approving this proposed rule change, the Commission notes that it has considered the proposed rule’s impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). 5 15 U.S.C. 78f(b)(5). 6 15 U.S.C. 78f(b)(1) and 78f(b)(6). 2 17 PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 appropriate discipline for, violations of Commission and Exchange rules. In addition, because existing Amex Rule 590 provides procedural rights to a person fined under the Plan to contest the fine and permits a hearing on the matter, the Commission believes the Plan, as amended by this proposal, provides a fair procedure for the disciplining of members and persons associated with members, consistent with Sections 6(b)(7) and 6(d)(1) of the Act.7 Finally, the Commission finds that the proposal is consistent with the public interest, the protection of investors, or otherwise in furtherance of the purposes of the Act, as required by Rule 19d– 1(c)(2) under the Act 8 which governs minor rule violation plans. The Commission believes that the change to the Plan will strengthen the Exchange’s ability to carry out its oversight and enforcement responsibilities as a selfregulatory organization in cases where full disciplinary proceedings are unsuitable in view of the minor nature of the particular violation. In approving this proposed rule change, the Commission in no way minimizes the importance of compliance with Amex rules and all other rules subject to the imposition of fines under the Plan. The Commission believes that the violation of any selfregulatory organization’s rules, as well as Commission rules, is a serious matter. However, the Plan provides a reasonable means of addressing rule violations that do not rise to the level of requiring formal disciplinary proceedings, while providing greater flexibility in handling certain violations. The Commission expects that Amex will continue to conduct surveillance with due diligence and make determinations based on its findings, on a case-by-case basis, as to whether a fine of more or less than the recommended amount is appropriate for a violation of Amex Rule 208 under the Plan or whether such a violation requires formal disciplinary action. It is therefore ordered, pursuant to Section 19(b)(2) of the Act 9 and Rule 19d–1(c)(2) under the Act,10 that the proposed rule change (SR–Amex–2006– 34) be, and hereby is, approved and declared effective. 7 15 U.S.C. 78f(b)(7) and 78f(d)(1). CFR 240.19d–1(c)(2). 9 15 U.S.C. 78s(b)(2). 10 17 CFR 240.19d–1(c)(2). 8 17 E:\FR\FM\19JNN1.SGM 19JNN1

Agencies

[Federal Register Volume 71, Number 117 (Monday, June 19, 2006)]
[Notices]
[Page 35314]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-5531]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of America's Sports Voice, Inc. (n/k/a Milagro 
Holdings, Inc.), Dawcin International Corp., and Trans Continental 
Entertainment Group, Inc.; Order of Suspension of Trading

June 15, 2006.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
America's Sports Voice, Inc. (n/k/a Milagro Holdings, Inc.) because it 
has not filed a periodic report since the period ended June 30, 2001.
    It also appears to the Securities and Exchange Commission that 
there is a lack of current and accurate information concerning the 
securities of Dawcin International Corp. because it has not filed a 
periodic report since the period ended March 31, 1997.
    It also appears to the Securities and Exchange Commission that 
there is a lack of current and accurate information concerning the 
securities of Trans Continental Entertainment Group, Inc. because it 
has not filed a periodic report since the period ended January 31, 
2003.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed companies.
    Therefore, it is ordered that, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, trading in the above-listed companies 
is suspended for the period from 9:30 a.m. e.d.t. on June 15, 2006, 
through 11:59 p.m. e.d.t. on June 28, 2006.

    By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. 06-5531 Filed 6-15-06; 11:24 am]
BILLING CODE 8010-01-P