In the Matter of FuelNation, Inc. and Sytron, Inc.; Order of Suspension of Trading, 66211 [06-9189]

Download as PDF Federal Register / Vol. 71, No. 218 / Monday, November 13, 2006 / Notices Replaced Portfolios, their advisers or underwriters (or their affiliates), including without limitation 12b–l, shareholder service, administration or other service fees, revenue sharing or other arrangements in connection with such assets. Annuity Investors represents that the Substitutions and the selection of the Replacement Portfolios were not motivated by any financial consideration paid or to be paid by the Replacement Portfolios, their advisers or underwriters, or their respective affiliates. Conclusion For the reasons and upon the facts set forth above, Applicants submit that the requested order meets the standards set forth in Section 26(c). Applicants request an order of the Commission, pursuant to Section 26(c) of the Act, approving the Substitutions. For the Commission, by the Division of Investment Management, pursuant to delegated authority. Nancy M. Morris, Secretary. [FR Doc. E6–19075 Filed 11–9–06; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of FuelNation, Inc. and Sytron, Inc.; Order of Suspension of Trading cprice-sewell on PROD1PC66 with NOTICES November 8, 2006. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of FuelNation, Inc. because it has not filed any periodic reports since it filed a Form 10–QSB for the period ended March 31, 2004. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Sytron, Inc. because it has not filed any periodic reports since it filed a Form 10–SB on February 1, 2000. 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, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted companies is suspended for the period from 9:30 a.m. EST on November 8, 2006, through 11:59 p.m. EST on November 21, 2006. VerDate Aug<31>2005 15:22 Nov 09, 2006 Jkt 211001 By the Commission. Nancy M. Morris, Secretary. [FR Doc. 06–9189 Filed 11–8–06; 11:55 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–54690; File No. SR– NYSEArca–2006–79] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Extending the Time Period by Which the Exchange Will Amend the NASD–NYSE Arca Options Agreement Pursuant to Rule 17d–2 November 2, 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 25, 2006, NYSE Arca, Inc. (‘‘NYSE Arca’’ 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 the Exchange. The Exchange filed the proposal as a ‘‘non-controversial’’ rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(6) thereunder,4 which renders the proposal effective upon filing with the Commission.5 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 Exchange is proposing to amend its undertaking 6 to extend for 90 days from the date of this filing the time period by which the Exchange will enter into an agreement with the National Association of Securities Dealers, Inc. (‘‘NASD’’) pursuant to Rule 17d–2 under the Act 7 (the ‘‘NASD / NYSE Arca Options Agreement’’ or ‘‘Agreement’’). The Agreement would expand the allocation to NASD of 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 has asked the Commission to waive the 5-day pre-filing notice requirement and the 30-day operative delay. See 15 U.S.C. 78s(b)(3)(A), 17 CFR 240.19b–4(f)(6)(iii). 6 See Securities Exchange Act Release No. 54238 (July 28, 2006), 71 FR 44758 (August 7, 2006) (SR– NYSEArca–2006–13) (OX Approval Order). 7 17 CFR 240.17d–2. 2 17 PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 66211 regulatory responsibility to encompass all the regulatory oversight and enforcement responsibilities with respect to the options activities of Archipelago Securities, L.L.C. (‘‘Archipelago Securities’’),8 except for ‘‘real-time market surveillance.’’ 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 Exchange 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 In connection with the Commission’s approval of the Exchange’s new electronic options trading platform, OX, Archipelago Securities became a routing broker for OX options orders on the Exchange.9 In Amendment No. 3 to its filing seeking approval of the OX platform,10 the Exchange proposed to clarify that NASD, a self-regulatory organization unaffiliated with the Exchange or any of its affiliates, would continue to carry out oversight and enforcement responsibilities as the Designated Examining Authority designated by the Commission pursuant to Rule 17d–1 under the Act 11 with the 8 Archipelago Securities, a wholly-owned subsidiary of Archipelago Holdings, Inc. and a registered broker-dealer, acts as the outbound order router for the NYSE Arca Marketplace (formerly known as the Archipelago Exchange) and, as such, is regulated as an exchange ‘‘facility’’ of NYSE Arca and NYSE Arca Equities, Inc. See 15 U.S.C. 78c(a)(2). As such, any proposed rule change relating to Archipelago Securities’ order-routing function must be filed with the Commission, and must operate in a manner that is consistent with the provisions of the Act applicable to exchanges and with NYSE Arca rules. 9 See OX Approval Order, supra note 6. Pursuant to NYSE Arca Rule 6.1A(a)(15), which was adopted in connection with the establishment of the new OX trading platform, the term ‘‘OX Routing Broker’’ refers to the broker-dealer affiliate of the Exchange that acts as agent for routing orders entered into OX of OTP Holders, OTP Firms and OTP Firms’ Sponsored Participants to other Market Centers for execution whenever such routing is permitted by Exchange Rules. Archipelago Securities is the Exchange’s only OX Routing Broker. 10 See OX Approval Order, supra note 6. 11 17 CFR 240.17d–1. E:\FR\FM\13NON1.SGM 13NON1

Agencies

[Federal Register Volume 71, Number 218 (Monday, November 13, 2006)]
[Notices]
[Page 66211]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-9189]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of FuelNation, Inc. and Sytron, Inc.; Order of 
Suspension of Trading

November 8, 2006.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
FuelNation, Inc. because it has not filed any periodic reports since it 
filed a Form 10-QSB for the period ended March 31, 2004.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Sytron, Inc. because it has not filed any periodic reports since it 
filed a Form 10-SB on February 1, 2000.
    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, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
companies is suspended for the period from 9:30 a.m. EST on November 8, 
2006, through 11:59 p.m. EST on November 21, 2006.

    By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. 06-9189 Filed 11-8-06; 11:55 am]
BILLING CODE 8011-01-P