Submission for OMB Review; Comment Request, 51238 [E6-14299]

Download as PDF 51238 Federal Register / Vol. 71, No. 167 / Tuesday, August 29, 2006 / Notices estimates are not derived from a comprehensive or even a representative survey or study of Commission rules. The collection of information required by Rule 17g–1 is mandatory and will not be kept confidential. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. General comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or e-mail to: David_Roster@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Securities and Exchange Commission, C/O Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312, or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: August 20, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–14298 Filed 8–28–06; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. jlentini on PROD1PC65 with NOTICES Extension: Rule 23c–1; SEC File No. 270–253; OMB Control No. 3235–0260 Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501–3520), the Securities and Exchange Commission (the ‘‘Commission’’) has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. Rule 23c–1 (17 CFR 270.23c–1) under the Investment Company Act of 1940 (15 U.S.C. 80a), among other things, permits a closed-end fund to repurchase its securities for cash if in addition to the other requirements set forth in the rule: (i) Payment of the purchase price is accompanied or preceded by a written confirmation of the purchase; (ii) the asset coverage per unit of the security to VerDate Aug<31>2005 17:07 Aug 28, 2006 Jkt 208001 be purchased is disclosed to the seller or his agent; and (iii) if the security is a stock, the fund has, within the preceding six months, informed stockholders of its intention to purchase stock. Commission staff estimates that approximately 14 closed-end funds rely on Rule 23c–1 annually to undertake approximately 122 repurchases of their securities. Commission staff estimates that, on average, a fund spends 2.5 hours to comply with the paperwork requirements listed above each time it undertakes a security repurchase under the rule. Commission staff thus estimates the total annual burden of the rule’s paperwork requirements is 305 hours. In addition, the fund must file with the Commission a copy of any written solicitation to purchase securities given by or on behalf of the fund to 10 or more persons. The copy must be filed as an exhibit to Form N–CSR (17 CFR 249.331 and 274.128). The burden associated with filing Form N–CSR is addressed in the submission related to that form. The estimate of average burden hours is made solely for the purposes of the Paperwork Reduction Act, and is not derived from a comprehensive or even a representative survey or study of the costs of Commission rules and forms. Complying with the collection of information requirements of the rule is mandatory. The filings that the rule requires to be made with the Commission are available to the public. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. General comments regarding the above information to be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503; and (ii) R. Corey Booth, Director/Chief Information Officer, Securities and Exchange Commission, C/O Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312, or send an e-mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. August 21, 2006. Nancy M. Morris, Secretary. [FR Doc. E6–14299 Filed 8–28–06; 8:45 am] BILLING CODE 8010–01–P PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–54343; File No. 4–429] Joint Industry Plan; Order Approving Joint Amendment No. 19 to the Intermarket Option Linkage Plan To Modify the Manner in Which the Fee Applicable to New Participants Is Calculated August 21, 2006. I. Introduction On February 17, 2006, March 16, 2006, April 12, 2006, April 18, 2006, May 2, 2006, and May 22, 2006, International Securities Exchange, Inc. (‘‘ISE’’), Philadelphia Stock Exchange, Inc. (‘‘Phlx’’), Chicago Board Options Exchange, Incorporated (‘‘CBOE’’), Boston Stock Exchange, Inc. (‘‘BSE’’), American Stock Exchange LLC (‘‘Amex’’), and NYSE Arca, Inc. (collectively, ‘‘Participants’’) 1 respectively submitted to the Securities and Exchange Commission (‘‘Commission’’) Joint Amendment No. 19 to the Plan for the Purpose of Creating and Operating an Intermarket Option Linkage (the ‘‘Linkage Plan’’) pursuant to Section 11A of the Securities Exchange Act of 1934 (the ‘‘Act’’) 2 and Rule 608 of Regulation NMS.3 In the Joint Amendment, the Participants propose to modify the manner in which the fee applicable to new Participants is calculated.4 The proposed Joint Amendment was published in the Federal Register on June 22, 2006.5 No comments were received on the proposal. This order approves Joint Amendment No. 19 to the Linkage Plan. II. Description and Purpose of the Amendment The purpose of Joint Amendment No. 19 is to modify the manner in which the 1 A ‘‘Participant’’ is an Eligible Exchange whose participation in the Linkage Plan has become effective pursuant to Section 4(c) of the Linkage Plan. See Section 2(24) of the Linkage Plan. 2 15 U.S.C. 78k–1. 3 17 CFR 242.608. On July 28, 2000, the Commission approved a national market system plan for the purpose of creating and operating an intermarket options market linkage proposed by the Amex, CBOE, and ISE. See Securities Exchange Act Release No. 43086 (July 28, 2000), 65 FR 48023 (August 4, 2000). Subsequently, upon separate requests by the Phlx, Pacific Exchange, Inc. (n/k/a NYSE Arca, Inc.), and BSE, the Commission issued orders to permit these exchanges to participate in the Linkage Plan. See Securities Exchange Act Release Nos. 43573 (November 16, 2000), 65 FR 70851 (November 28, 2000); 43574 (November 16, 2000), 65 FR 70850 (November 28, 2000); and 49198 (February 5, 2004), 69 FR 7029 (February 12, 2004). 4 See Section 11(b) of the Linkage Plan. 5 See Securities Exchange Act Release No. 54001 (June 15, 2006), 71 FR 35960. E:\FR\FM\29AUN1.SGM 29AUN1

Agencies

[Federal Register Volume 71, Number 167 (Tuesday, August 29, 2006)]
[Notices]
[Page 51238]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-14299]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension:
    Rule 23c-1; SEC File No. 270-253; OMB Control No. 3235-0260

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501-3520), the Securities and Exchange 
Commission (the ``Commission'') has submitted to the Office of 
Management and Budget a request for extension of the previously 
approved collection of information discussed below.
    Rule 23c-1 (17 CFR 270.23c-1) under the Investment Company Act of 
1940 (15 U.S.C. 80a), among other things, permits a closed-end fund to 
repurchase its securities for cash if in addition to the other 
requirements set forth in the rule: (i) Payment of the purchase price 
is accompanied or preceded by a written confirmation of the purchase; 
(ii) the asset coverage per unit of the security to be purchased is 
disclosed to the seller or his agent; and (iii) if the security is a 
stock, the fund has, within the preceding six months, informed 
stockholders of its intention to purchase stock. Commission staff 
estimates that approximately 14 closed-end funds rely on Rule 23c-1 
annually to undertake approximately 122 repurchases of their 
securities. Commission staff estimates that, on average, a fund spends 
2.5 hours to comply with the paperwork requirements listed above each 
time it undertakes a security repurchase under the rule. Commission 
staff thus estimates the total annual burden of the rule's paperwork 
requirements is 305 hours.
    In addition, the fund must file with the Commission a copy of any 
written solicitation to purchase securities given by or on behalf of 
the fund to 10 or more persons. The copy must be filed as an exhibit to 
Form N-CSR (17 CFR 249.331 and 274.128). The burden associated with 
filing Form N-CSR is addressed in the submission related to that form.
    The estimate of average burden hours is made solely for the 
purposes of the Paperwork Reduction Act, and is not derived from a 
comprehensive or even a representative survey or study of the costs of 
Commission rules and forms.
    Complying with the collection of information requirements of the 
rule is mandatory. The filings that the rule requires to be made with 
the Commission are available to the public. An agency may not conduct 
or sponsor, and a person is not required to respond to, a collection of 
information unless it displays a currently valid control number.
    General comments regarding the above information to be directed to 
the following persons: (i) Desk Officer for the Securities and Exchange 
Commission, Office of Information and Regulatory Affairs, Office of 
Management and Budget, Room 10102, New Executive Office Building, 
Washington, DC 20503; and (ii) R. Corey Booth, Director/Chief 
Information Officer, Securities and Exchange Commission, C/O Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312, or send 
an e-mail to: PRA--Mailbox@sec.gov. Comments must be submitted to OMB 
within 30 days of this notice.

    August 21, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6-14299 Filed 8-28-06; 8:45 am]
BILLING CODE 8010-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.