Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating To the Amendment to the Payment for Order Flow Plan To Include Supplemental Registered Options Traders, 57009-57010 [E6-15925]
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Federal Register / Vol. 71, No. 188 / Thursday, September 28, 2006 / Notices
transaction which is the subject of the
exemption.
Ivan Strasfeld,
Director of Exemption Determinations,
Employee Benefits Security Administration,
U.S. Department of Labor.
[FR Doc. E6–15922 Filed 9–27–06; 8:45 am]
BILLING CODE 4510–29–P
NUCLEAR REGULATORY
COMMISSION
[Docket No. 70–7004–ML; ASLBP No. 05–
838–01–ML]
USEC, Inc. (American Centrifuge
Plant); Notice of Reconstitution
Pursuant to 10 CFR 2.321, the Atomic
Safety and Licensing Board in the above
captioned USEC, Inc. proceeding, is
hereby reconstituted by appointing
Administrative Judge Peter S. Lam in
place of Administrative Judge Paul B.
Abramson.
In accordance with 10 CFR 2.302,
henceforth all correspondence,
documents, and other material relating
to any matter in this proceeding over
which this Licensing Board has
jurisdiction should be served on
Administrative Judge Lam as follows:
Administrative Judge Peter S. Lam,
Atomic Safety and Licensing Board
Panel, U.S. Nuclear Regulatory
Commission, Washington, DC 20555–
0001.
Issued at Rockville, Maryland this 22nd
day of September 2006.
E. Roy Hawkens,
Chief Administrative Judge, Atomic Safety
and Licensing Board Panel.
[FR Doc. E6–15921 Filed 9–27–06; 8:45 am]
BILLING CODE 7590–01–P
press releases and public filings with
the Commission concerning, among
other things: (i) The company’s
purported ownership and control of its
sole asset, Shenzhen Dicken Industrial
Development, a manufacturer of energy
saving devices located and doing
business in the People’s Republic of
China; and (ii) the existence and/or
identity of the company’s purported
former Chairman and Chief Executive
Officer, Mr. Sun Li.
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
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the abovelisted company is suspended for the
period from 9:30 a.m. edt, September
26, 2006, through 11:59 p.m. edt, on
October 10, 2006.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 06–8365 Filed 9–26–06; 11:44 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54486; File No. SR–Amex–
2006–79]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Immediate Effectiveness
of a Proposed Rule Change Relating
To the Amendment to the Payment for
Order Flow Plan To Include
Supplemental Registered Options
Traders
September 22, 2006.
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of China Energy Savings
Technology, Inc.; Order of Suspension
of Trading
sroberts on PROD1PC70 with NOTICES
September 26, 2006.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of China
Energy Savings Technology, Inc.
(‘‘China Energy’’), a Nevada corporation
headquartered in Hong Kong, which
trades in the over-the-counter market
under the symbol ‘‘CESV’’.
Questions have arisen regarding the
accuracy and completeness of
information contained in China Energy’s
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20:16 Sep 27, 2006
Jkt 208001
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 August
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, II, and III below, which Items
have been prepared by the Exchange.
The Amex has designated this proposal
as one establishing or changing a due,
fee, or other charge imposed by the
Amex under section 19(b)(3)(A)(ii) of
the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the proposal
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
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Fmt 4703
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57009
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 Amex proposes to amend the its
current options fee schedule and
Payment for Order Flow Plan to allow
Supplemental Registered Options
Traders (‘‘SROTs’’) to negotiate a
payment for order flow arrangement
with any affiliated order flow provider
(‘‘OFP’’) from which they receive the
guaranteed SROT allocation.5
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.
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
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 Amex proposes to amend the its
current options fee schedule and
Payment for Order Flow Plan to allow
SROTs to negotiate a payment for order
flow arrangement with any affiliated
OFP from which they receive the
guaranteed SROT allocation.6
The Exchange states that it adopted its
current Payment for Order Flow Plan in
February of 2006.7 The Amex states that
under the current plan, the Exchange
charges an equity options marketing fee
of $0.75 per contract solely with respect
to customer orders that are from
5 Telephone conference between Michou H.M.
Nguyen, Special Counsel, Division of Market
Regulation, Commission, and Nyieri Nazarian,
Assistant General Counsel, Exchange, on September
18, 2006. See also Amex Rule 935–ANTE(a)(7).
6 Id.
7 See Securities Exchange Act Release No. 53341
(February 21, 2006), 71 FR 10085 (February 28,
2006) (SR–Amex–2006–15).
E:\FR\FM\28SEN1.SGM
28SEN1
57010
Federal Register / Vol. 71, No. 188 / Thursday, September 28, 2006 / Notices
payment accepting firms with whom a
specialist has negotiated a payment for
order flow arrangement. SPDR Options
are currently subject to a $1.00 per
contract fee. The Amex states that this
fee solely applies to those orders that
are executed electronically through the
Exchange’s ANTE system.
The Exchange now proposes to allow
SROTs to negotiate such an arrangement
from any affiliated OFPs from which
they receive the guaranteed SROT
allocation. Payment collected on SROT
trades would be set aside for that
particular SROT. In addition, fees
would be collected from any SROT,
specialist, or ROT who participates in
the trade.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
section 6(b) of the Act,8 in general, and
furthers the objectives of section 6(b)(4)
of the Act,9 in particular, in that it is
designed to provide for the equitable
allocation of reasonable dues, fees, and
other charges among Amex members
and other persons using Amex facilities.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange 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
The Exchange neither solicited nor
received comments with respect to the
proposed rule change.
sroberts on PROD1PC70 with NOTICES
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing proposed rule change
has been designated as a fee change
pursuant to section 19(b)(3)(A)(ii) of the
Act 10 and Rule 19b–4(f)(2) 11
thereunder, because it establishes or
changes a due, fee, or other charge
imposed by the Exchange. Accordingly,
the proposal will take effect upon filing
with the Commission. At any time
within 60 days of the filing of such
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
8 15
U.S.C. 78f(b).
U.S.C. 78f(b)(4).
10 15 U.S.C. 78s(b)(3)(A)(ii).
11 17 CFR 240.19b–4(f)(2).
9 15
VerDate Aug<31>2005
20:16 Sep 27, 2006
Jkt 208001
the protection of investors, or otherwise
in furtherance of the purposes of the
Act.
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 rulecomments@sec.gov. Please include File
Number SR–Amex–2006–79 on the
subject line.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.12
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6–15925 Filed 9–27–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54478; File No. SR–
NASDAQ–2006–016]
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Order
Granting Approval of Proposed Rule
Change To Eliminate Registration of
Foreign Associates Under Nasdaq
Membership Rules
September 21, 2006.
On July 21, 2006, The NASDAQ Stock
Market LLC (‘‘Nasdaq’’) submitted to the
Paper Comments
Securities and Exchange Commission
(‘‘Commission’’), pursuant to Section
• Send paper comments in triplicate
19(b)(1) of the Securities Exchange Act
to Nancy M. Morris, Secretary,
of 1934 (‘‘Act’’) 1 and Rule 19b–4
Securities and Exchange Commission,
thereunder,2 a proposed rule change to
100 F Street, NE., Washington, DC
eliminate the requirement for foreign
20549–1090.
associates to register with Nasdaq. The
All submissions should refer to File
proposed rule change was published for
Number SR–Amex–2006–79. This file
comment in the Federal Register on
number should be included on the
August 15, 2006.3 The Commission
subject line if e-mail is used. To help the received no comments on the proposed
Commission process and review your
rule change.
The Commission finds that the
comments more efficiently, please use
only one method. The Commission will proposed rule change is consistent with
post all comments on the Commission’s the requirements of the Act and the
rules and regulations thereunder that
Internet Web site (https://www.sec.gov/
are applicable to a national securities
rules/sro.shtml). Copies of the
exchange.4 In particular, the
submission, all subsequent
Commission finds that the proposed
amendments, all written statements
rule change is consistent with Section
with respect to the proposed rule
6(b)(5) of the Act,5 which requires,
change that are filed with the
among other things, that the rules of the
Commission, and all written
Exchange are designed to prevent
communications relating to the
fraudulent and manipulative acts and
proposed rule change between the
practices, to promote just and equitable
Commission and any person, other than principles of trade, to foster cooperation
those that may be withheld from the
and coordination with persons engaged
public in accordance with the
in regulating, clearing, settling,
provisions of 5 U.S.C. 552, will be
processing information with respect to,
available for inspection and copying in
and facilitating transactions in
the Commission’s Public Reference
securities, to remove impediments to
Room. Copies of such filing also will be and perfect the mechanism of a free and
available for inspection and copying at
open market and a national market
the principal office of the Amex. All
system, and, in general, to protect
comments received will be posted
investors and the public interest.
without change; the Commission does
12 17 CFR 200.30–3(a)(12).
not edit personal identifying
1 15 U.S.C. 78s(b)(1).
information from submissions. You
2 17 CFR 240.19b–4.
should submit only information that
3 Securities Exchange Act Release No. 54284
you wish to make available publicly. All (August 8, 2006), 71 FR 46954.
submissions should refer to File
4 In approving this proposed rule change, the
Number SR–Amex–2006–79 and should Commission notes that it has considered the
proposed rule’s impact on efficiency, competition,
be submitted on or before October 19,
and capital formation. See 15 U.S.C. 78c(f).
2006.
5 15 U.S.C. 78f(b)(5).
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]]>Agencies
[Federal Register Volume 71, Number 188 (Thursday, September 28, 2006)]
[Notices]
[Pages 57009-57010]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15925]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-54486; File No. SR-Amex-2006-79]
Self-Regulatory Organizations; American Stock Exchange LLC;
Notice of Filing and Immediate Effectiveness of a Proposed Rule Change
Relating To the Amendment to the Payment for Order Flow Plan To Include
Supplemental Registered Options Traders
September 22, 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 August 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, II,
and III below, which Items have been prepared by the Exchange. The Amex
has designated this proposal as one establishing or changing a due,
fee, or other charge imposed by the Amex under section 19(b)(3)(A)(ii)
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.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A)(ii).
\4\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Amex proposes to amend the its current options fee schedule and
Payment for Order Flow Plan to allow Supplemental Registered Options
Traders (``SROTs'') to negotiate a payment for order flow arrangement
with any affiliated order flow provider (``OFP'') from which they
receive the guaranteed SROT allocation.\5\
---------------------------------------------------------------------------
\5\ Telephone conference between Michou H.M. Nguyen, Special
Counsel, Division of Market Regulation, Commission, and Nyieri
Nazarian, Assistant General Counsel, Exchange, on September 18,
2006. See also Amex Rule 935-ANTE(a)(7).
---------------------------------------------------------------------------
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.
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 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 Amex proposes to amend the its current options fee schedule and
Payment for Order Flow Plan to allow SROTs to negotiate a payment for
order flow arrangement with any affiliated OFP from which they receive
the guaranteed SROT allocation.\6\
---------------------------------------------------------------------------
\6\ Id.
---------------------------------------------------------------------------
The Exchange states that it adopted its current Payment for Order
Flow Plan in February of 2006.\7\ The Amex states that under the
current plan, the Exchange charges an equity options marketing fee of
$0.75 per contract solely with respect to customer orders that are from
[[Page 57010]]
payment accepting firms with whom a specialist has negotiated a payment
for order flow arrangement. SPDR Options are currently subject to a
$1.00 per contract fee. The Amex states that this fee solely applies to
those orders that are executed electronically through the Exchange's
ANTE system.
---------------------------------------------------------------------------
\7\ See Securities Exchange Act Release No. 53341 (February 21,
2006), 71 FR 10085 (February 28, 2006) (SR-Amex-2006-15).
---------------------------------------------------------------------------
The Exchange now proposes to allow SROTs to negotiate such an
arrangement from any affiliated OFPs from which they receive the
guaranteed SROT allocation. Payment collected on SROT trades would be
set aside for that particular SROT. In addition, fees would be
collected from any SROT, specialist, or ROT who participates in the
trade.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with section 6(b) of the Act,\8\ in general, and furthers the
objectives of section 6(b)(4) of the Act,\9\ in particular, in that it
is designed to provide for the equitable allocation of reasonable dues,
fees, and other charges among Amex members and other persons using Amex
facilities.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78f(b).
\9\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange 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
The Exchange neither solicited nor received comments with respect
to the proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing proposed rule change has been designated as a fee
change pursuant to section 19(b)(3)(A)(ii) of the Act \10\ and Rule
19b-4(f)(2) \11\ thereunder, because it establishes or changes a due,
fee, or other charge imposed by the Exchange. Accordingly, the proposal
will take effect upon filing with the Commission. At any time within 60
days of the filing of such 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.
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(3)(A)(ii).
\11\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
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-2006-79 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-2006-79. 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 Amex. 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-2006-79 and should be submitted on or before
October 19, 2006.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\12\
---------------------------------------------------------------------------
\12\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6-15925 Filed 9-27-06; 8:45 am]
BILLING CODE 8010-01-P
