Sunshine Act Meetings, 59157 [06-8580]

Download as PDF 59157 Federal Register / Vol. 71, No. 194 / Friday, October 6, 2006 / Notices contain all signatures of all Participants, and as many of such counterparts as shall together contain all such signatures shall constitute one and the same instrument. By lllllllllllllllll AMERICAN STOCK EXCHANGE LLC. By lllllllllllllllll NATIONAL STOCK EXCHANGE. By lllllllllllllllll BOSTON STOCK EXCHANGE, INC. By lllllllllllllllll NEW YORK STOCK EXCHANGE LLC. By lllllllllllllllll CHICAGO BOARD OPTIONS EXCHANGE, INC. By lllllllllllllllll NYSE ARCA, INC. By lllllllllllllllll CHICAGO STOCK EXCHANGE, INC. By lllllllllllllllll PHILADELPHIA STOCK EXCHANGE, INC. By lllllllllllllllll NASDAQ STOCK MARKET LLC. [FR Doc. 06–8543 Filed 10–5–06; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION cprice-sewell on PROD1PC66 with NOTICES Sunshine Act Meetings 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 meetings during the week of October 9, 2006: An Open Meeting will be held on Wednesday, October 11, 2006 at 10 a.m. in the Auditorium, Room LL–002, and Closed Meetings will be held on Wednesday, October 11, 2006 at 11 a.m. and Thursday, October 12, 2006 at 2 p.m. Commissioners, Counsels to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the Closed Meetings. 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), (7), (9)(B) and (10) and 17 CFR 200.402(a)(3), (5), (7), (9)(ii), and (10) permit consideration of the scheduled matters at the Closed Meetings. Commissioner Atkins, as duty officer, voted to consider the items listed for the closed meeting in closed session. The subject matter of the Open Meeting on Wednesday, October 11, 2006 will be: VerDate Aug<31>2005 14:52 Oct 05, 2006 Jkt 211001 The Commission will hear oral argument in an appeal by James T. Patten from the decision of an administrative law judge. The law judge found that, during two separate periods in 2002 and 2003, Patten manipulated, and aided and abetted the manipulation of, the common stock price of Initio, Inc., formerly traded on the Nasdaq Small Cap Market. The law judge found that, through his conduct in placing orders to buy Initio shares for himself and on behalf of a customer, Patten violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b–5 thereunder. The law judge ordered Patten to cease and desist from committing, causing, and aiding and abetting violations of Section 10(b) and Rule 10b–5, ordered him to pay a $60,000 civil penalty, and barred him from association with any broker or dealer. Among the issues likely to be argued are whether Patten violated Section 10(b) of the Exchange Act and Rule 10b–5 thereunder in entering orders to buy Initio shares, and, if so, whether and to what extent sanctions should be imposed on him. The subject matter of the Closed Meeting scheduled for Wednesday, October 11, 2006 will be: Post-argument discussion. The subject matters of the Closed Meeting scheduled for Thursday, October 12, 2006 will be: Formal orders of investigation; institution and settlement of injunctive actions; institution and settlement of administrative proceedings of an enforcement nature; and an adjudicatory matter. 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: October 4, 2006. Nancy M. Morris, Secretary. [FR Doc. 06–8580 Filed 10–4–06; 3:55 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–54543; File No. SR–Amex– 2006–92] Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Exercise Deadline for Quarterly Options Series Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 Frm 00088 Fmt 4703 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend Amex Rule 980(c) to provide that options holders of quarterly options have until the expiration date to make a decision to exercise or not exercise an expiring option. The text of the proposed rule change is set forth below. Proposed new language is italicized. * * * * * American Stock Exchange LLC * * * Sfmt 4703 * * Rule 980. Exercise of Option Contracts (a)–(b) No change. (c) Exercise cut-off time. Option holders have until 5:30 p.m. Eastern time (‘‘ET’’) on the business day immediately prior to the expiration date or, in the case of a Quarterly Options Series, on the expiration date, to make a final decision to exercise or not exercise an expiring option. For customer accounts, members and member organizations may not accept exercise instructions after 5:30 p.m. ET but have until 6:30 p.m. ET to submit a Contrary Exercise Advice. For noncustomer accounts, members and member organizations may not accept exercise instructions after 5:30 p.m. ET but have until 6:30 p.m. ET to submit a Contrary Exercise Advice if such member or member organization employs an electronic submission procedure with time stamp for the submission of exercise instructions by option holders. Consistent with Commentary .04, members and member organizations are required to submit a Contrary Exercise Advice by 5:30 p.m. 1 15 September 29, 2006. PO 00000 (‘‘Act’’),1 and Rule 19(b)(4) thereunder,2 notice is hereby given that on September 25, 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 substantially been prepared by the Exchange. The Commission has designated this proposed rule change as non-controversial under Section 19(b)(3)(A)(iii) of the Act 3 and Rule 19b–4(f)(6) thereunder,4 which renders the proposed rule change effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A)(iii). 4 17 CFR 240.19b–4(f)(6). 2 17 E:\FR\FM\06OCN1.SGM 06OCN1

Agencies

[Federal Register Volume 71, Number 194 (Friday, October 6, 2006)]
[Notices]
[Page 59157]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-8580]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

    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 meetings during the week of 
October 9, 2006: An Open Meeting will be held on Wednesday, October 11, 
2006 at 10 a.m. in the Auditorium, Room LL-002, and Closed Meetings 
will be held on Wednesday, October 11, 2006 at 11 a.m. and Thursday, 
October 12, 2006 at 2 p.m.
    Commissioners, Counsels to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the Closed Meetings. 
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), (7), (9)(B) and (10) and 17 CFR 
200.402(a)(3), (5), (7), (9)(ii), and (10) permit consideration of the 
scheduled matters at the Closed Meetings.
    Commissioner Atkins, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matter of the Open Meeting on Wednesday, October 11, 
2006 will be:

    The Commission will hear oral argument in an appeal by James T. 
Patten from the decision of an administrative law judge. The law 
judge found that, during two separate periods in 2002 and 2003, 
Patten manipulated, and aided and abetted the manipulation of, the 
common stock price of Initio, Inc., formerly traded on the Nasdaq 
Small Cap Market. The law judge found that, through his conduct in 
placing orders to buy Initio shares for himself and on behalf of a 
customer, Patten violated Section 10(b) of the Securities Exchange 
Act of 1934 and Rule 10b-5 thereunder. The law judge ordered Patten 
to cease and desist from committing, causing, and aiding and 
abetting violations of Section 10(b) and Rule 10b-5, ordered him to 
pay a $60,000 civil penalty, and barred him from association with 
any broker or dealer. Among the issues likely to be argued are 
whether Patten violated Section 10(b) of the Exchange Act and Rule 
10b-5 thereunder in entering orders to buy Initio shares, and, if 
so, whether and to what extent sanctions should be imposed on him.

    The subject matter of the Closed Meeting scheduled for Wednesday, 
October 11, 2006 will be: Post-argument discussion.
    The subject matters of the Closed Meeting scheduled for Thursday, 
October 12, 2006 will be: Formal orders of investigation; institution 
and settlement of injunctive actions; institution and settlement of 
administrative proceedings of an enforcement nature; and an 
adjudicatory matter.
    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: October 4, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. 06-8580 Filed 10-4-06; 3:55 pm]
BILLING CODE 8011-01-P
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