Self-Regulatory Organizations; Boston Stock Exchange, Inc.; Notice of Filing of Proposed Rule Change Relating to Correction of Erroneous Cross References, 63366-63367 [E6-18080]
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63366
Federal Register / Vol. 71, No. 209 / Monday, October 30, 2006 / Notices
Conclusion
For the reasons set forth in the
application, the Applicants each
respectfully request that the
Commission issue an order of approval
pursuant to Section 26(c) of the 1940
Act and an order of exemption pursuant
to Section 17(b) of the 1940 Act.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Nancy M. Morris,
Secretary.
[FR Doc. E6–18143 Filed 10–27–06; 8:45 am]
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E6–18088 Filed 10–27–06; 8:45 am]
Jean
E. Minarick, Senior Counsel, at (202)
551–6811, or Mary Kay Frech, Branch
Chief, at (202) 551–6821 (Office of
Investment Company Regulation,
Division of Investment Management).
BILLING CODE 8011–01–P
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
The
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
27522; 812–13309]
Self-Regulatory Organizations; Boston
Stock Exchange, Inc.; Notice of Filing
of Proposed Rule Change Relating to
Correction of Erroneous Cross
References
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 October
17, 2006, the Boston Stock Exchange
Inc. (‘‘BSE’’ 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 BSE. The Exchange
filed the proposal pursuant to Section
19(b)(3)(A) of the Act,3 and Rule 19b–
4(f)(6) thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission.5 The
Commission is publishing this notice to
solicit comments on the proposed rule
from interested persons.
SUMMARY OF THE APPLICATION:
Applicants request an order to rescind
a prior order dated April 21, 1987 (the
‘‘Prior Order’’).1
APPLICANTS: Integrated ARROs Fund I,
Integrated ARROs Fund II, and IR Passthrough Corporation (‘‘IRPT’’).
FILING DATE: The application was filed
on June 23, 2006.
HEARING OR NOTIFICATION OF HEARING: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on November 17, 2006, and
should be accompanied by proof of
service on applicants in the form of an
affidavit or, for lawyers, a certificate of
service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
ADDRESSES: Secretary, Securities and
Exchange Commission, 100 F Street,
1 Integrated ARROs Fund I, et al., Investment
Company Act Rel. Nos. 15492 (Dec. 22, 1986)
(notice) and 15693 (Apr. 21, 1987) (order).
2 Investment Company Act Rel. Nos. 27308 (Apr.
28, 2006) (notice) and 27376 and 27377 (May 24,
2006) (orders).
Integrated ARROs Fund I, et al.; Notice
of Application
October 23, 2006.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application for an
order under section 38(a) of the
Investment Company Act of 1940
(‘‘Act’’).
AGENCY:
02:16 Oct 28, 2006
Jkt 211001
[Release No. 34–54641; File No. SR–BSE–
2006–45]
following is a summary of the
application. The complete application
may be obtained for a fee at the
Commission’s Public Reference Branch,
100 F Street, NE., Washington, DC
20549–0102 (telephone (202) 551–5850).
1. The Funds were organized in 1987
as grantor trusts by IRPT, a Delaware
corporation and a wholly-owned
subsidiary of Integrated Resources, Inc.
The Funds were registered with the
Commission as closed-end investment
companies. On October 17, 2005, the
Funds made final payment to all of their
unitholders after the maturity, sale or
other disposition of all their securities
assets. Pursuant to the terms of the
Funds’ trust indentures, the Funds
terminated automatically upon the final
payments. On November 18, 2005, each
Fund filed an application under section
8(f) of the Act for an order of
deregistration. On May 24, 2006, the
Commission issued orders under section
8(f) declaring that each Fund had ceased
to be an investment company.2
2. On April 21, 1987, the Commission
issued the Prior Order under sections
6(c), 17(b) and 17(d) of the Act
exempting the Funds, IRPT and certain
future similarly organized closed-end
investment companies (‘‘Future Funds’’)
from various provisions of the Act. The
Applicants state they have not
organized, and do not intend to
organize, any Future Funds in reliance
on the Prior Order.
3. Applicants request an order under
section 38(a) of the Act rescinding the
Prior Order. Section 38(a) of the Act
states, in relevant part, that the
Commission shall have authority to
rescind such orders as are necessary or
appropriate to the exercise of the
powers conferred upon the Commission
elsewhere in the Act. Applicants submit
that the requested order is appropriate
to the exercise of the Commission’s
powers under the Act.
VerDate Aug<31>2005
SECURITIES AND EXCHANGE
COMMISSION
Applicants’ Representations and Legal
Analysis
BILLING CODE 8011–01–P
sroberts on PROD1PC70 with NOTICES
NE., Washington, DC 20549–1090.
Applicants: c/o Barbara Leary, Winthrop
Management LLC, 7 Bullfinch Place,
Suite 500, Boston, MA 02114.
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
October 23, 2006.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The BSE proposes to amend Section
3 (Designation of an Index) of Chapter
XIV of the Rules of the Boston Options
Exchange, Inc. (‘‘BOX Rules’’) to correct
an erroneous cross reference and
erroneous numbering. The text of the
proposed rule change is available on the
BSE’s Web site (https://
www.bostonstock.com), at the
Exchange’s principal office 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,
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).
5 The Exchange requested the Commission to
waive the five-day pre-filing notice requirement and
the 30-day operative delay, as specified in Rule
19b–4(f)(6)(iii). 17 CFR 240.19b–4(f)(6)(iii).
2 17
E:\FR\FM\30OCN1.SGM
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Federal Register / Vol. 71, No. 209 / Monday, October 30, 2006 / Notices
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
self-regulatory organization 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 Exchange is proposing several
changes in Section 3 (Designation of an
Index) of Chapter XIV of the BOX Rules.
This rule section contains an erroneous
cross reference to a BOX Rule and
erroneous numbering. The Exchange
proposes to correct the cross reference
and numbering to reflect the correct
corresponding BOX Rules so that the
Exchange’s rules are accurate,
comprehendible, and transparent to the
marketplace.
2. Statutory Basis
The Exchange believes that the
proposal is consistent with the
requirements of Section 6(b) of the Act,6
in general, and Section 6(b)(5) of the
Act,7 in particular, in that it is designed
to promote just and equitable principles
of trade, and to protect investors and the
public interest.
may designate if consistent with the
protection of investors and the public
interest, it has become effective
pursuant to Section 19(b)(3)(A) of the
Act,8 and Rule 19b–4(f)(6) thereunder.9
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.10
A proposed rule change filed under
Rule 19b–4(f)(6) 11 does not become
operative prior to 30 days after the date
of filing. However, pursuant to Rule
19b–4(f)(6)(iii), the Commission may
designate a shorter time if such action
is consistent with the protection of
investors and the public interest. The
Exchange has asked the Commission to
waive the five-day pre-filing notice
requirement and the 30-day operative
delay.12 The Commission believes that
such waiver is consistent with the
protection of investors and the public
interest because it would allow the BSE
to correct cross references and
numbering in BOX rules and ensure that
its rule book accurately reflects its rules.
For this reason, the Commission
designates the proposed rule change to
be effective upon filing with the
Commission.13
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:
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange has neither solicited
nor received comments on the proposed
rule change.
sroberts on PROD1PC70 with NOTICES
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.
63367
Street, NE., Washington, DC 20549–
1090.
All submissions should refer to File
Number SR–BSE–2006–45. 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–BSE–2006–45 and should
be submitted on or before November 20,
2006.
Electronic Comments
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 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
6 15
7 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
VerDate Aug<31>2005
02:16 Oct 28, 2006
Jkt 211001
• 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–BSE–2006–45 on the
subject line.
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris,Secretary, Securities
and Exchange Commission, 100 F
8 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6).
10 See 15 U.S.C. 78s(b)(3)(C).
11 17 CFR 240.19b–4(f)(6).
12 17 CFR 240.19b–4(f)(6)(iii).
13 For purposes only of accelerating the operative
date of this proposal, the Commission has
considered the rule’s impact on efficiency,
competition and capital formation. 15 U.S.C. 78c(f).
9 17
PO 00000
Frm 00089
Fmt 4703
Sfmt 4703
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.14
Nancy M. Morris,
Secretary.
[FR Doc. E6–18080 Filed 10–27–06; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54643; File No. SR–CBOE–
2006–73]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing of
Proposed Rule Change and
Amendment No. 1 Thereto To Amend
Certain of its Rules To Provide for the
Listing and Trading of Options on the
CBOE Russell 2000 Volatility Index sm
(‘‘RVX sm’’)
October 23, 2006.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
14 17
E:\FR\FM\30OCN1.SGM
CFR 200.30–3(a)(12).
30OCN1
]]>Agencies
[Federal Register Volume 71, Number 209 (Monday, October 30, 2006)]
[Notices]
[Pages 63366-63367]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-18080]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-54641; File No. SR-BSE-2006-45]
Self-Regulatory Organizations; Boston Stock Exchange, Inc.;
Notice of Filing of Proposed Rule Change Relating to Correction of
Erroneous Cross References
October 23, 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 October 17, 2006, the Boston Stock Exchange Inc. (``BSE'' 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 BSE. The Exchange filed the
proposal pursuant to Section 19(b)(3)(A) of the Act,\3\ and Rule 19b-
4(f)(6) thereunder,\4\ which renders the proposed rule change effective
upon filing with the Commission.\5\ The Commission is publishing this
notice to solicit comments on the proposed rule 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).
\5\ The Exchange requested the Commission to waive the five-day
pre-filing notice requirement and the 30-day operative delay, as
specified in Rule 19b-4(f)(6)(iii). 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The BSE proposes to amend Section 3 (Designation of an Index) of
Chapter XIV of the Rules of the Boston Options Exchange, Inc. (``BOX
Rules'') to correct an erroneous cross reference and erroneous
numbering. The text of the proposed rule change is available on the
BSE's Web site (https://www.bostonstock.com), at the Exchange's
principal office 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,
[[Page 63367]]
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 self-regulatory organization
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 Exchange is proposing several changes in Section 3 (Designation
of an Index) of Chapter XIV of the BOX Rules. This rule section
contains an erroneous cross reference to a BOX Rule and erroneous
numbering. The Exchange proposes to correct the cross reference and
numbering to reflect the correct corresponding BOX Rules so that the
Exchange's rules are accurate, comprehendible, and transparent to the
marketplace.
2. Statutory Basis
The Exchange believes that the proposal is consistent with the
requirements of Section 6(b) of the Act,\6\ in general, and Section
6(b)(5) of the Act,\7\ in particular, in that it is designed to promote
just and equitable principles of trade, and to protect investors and
the public interest.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b).
\7\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
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 has neither solicited nor received comments on 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
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 if
consistent with the protection of investors and the public interest, it
has become effective pursuant to Section 19(b)(3)(A) of the Act,\8\ and
Rule 19b-4(f)(6) thereunder.\9\ 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.\10\
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(3)(A).
\9\ 17 CFR 240.19b-4(f)(6).
\10\ See 15 U.S.C. 78s(b)(3)(C).
---------------------------------------------------------------------------
A proposed rule change filed under Rule 19b-4(f)(6) \11\ does not
become operative prior to 30 days after the date of filing. However,
pursuant to Rule 19b-4(f)(6)(iii), the Commission may designate a
shorter time if such action is consistent with the protection of
investors and the public interest. The Exchange has asked the
Commission to waive the five-day pre-filing notice requirement and the
30-day operative delay.\12\ The Commission believes that such waiver is
consistent with the protection of investors and the public interest
because it would allow the BSE to correct cross references and
numbering in BOX rules and ensure that its rule book accurately
reflects its rules. For this reason, the Commission designates the
proposed rule change to be effective upon filing with the
Commission.\13\
---------------------------------------------------------------------------
\11\ 17 CFR 240.19b-4(f)(6).
\12\ 17 CFR 240.19b-4(f)(6)(iii).
\13\ For purposes only of accelerating the operative date of
this proposal, the Commission has considered the rule's impact on
efficiency, competition and capital formation. 15 U.S.C. 78c(f).
---------------------------------------------------------------------------
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-BSE-2006-45 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-BSE-2006-45. 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-BSE-2006-45 and should be
submitted on or before November 20, 2006.
---------------------------------------------------------------------------
\14\ 17 CFR 200.30-3(a)(12).
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\14\
Nancy M. Morris,
Secretary.
[FR Doc. E6-18080 Filed 10-27-06; 8:45 am]
BILLING CODE 8011-01-P
