Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of a Proposed Rule Change Relating to the Definition of Fund Share, 68872-68874 [E6-20053]
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ycherry on PROD1PC61 with NOTICES
68872
Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices
value of the portfolio closely tracks the
value of the Index over time.
Unlike the DBC Fund, the Oil Fund
does not invest through a master fund
but rather trades directly in futures on
crude and heating oil, natural gas,
gasoline, and other petroleum-based
fuels; in options on such futures
contracts; in forward contracts for oil;
and in other over-the-counter
derivatives based on the price of oil,
other petroleum-based fuels, the futures
contracts described above, and indexes
based on any of the foregoing. The Oil
Fund’s portfolio is managed by Victoria
Bay Asset Management LLC with the
aim of tracking the Benchmark.
The Interests and the Units are freely
transferable and may be bought and sold
like any other ETF interest or other
exchange-listed security. In addition to
options on the Interests and the Units,
there may be other similar options on
ETFs regulated as commodity pools
(‘‘Pool ETFs’’) that OCC may be asked to
issue, clear, and settle in the future.
The proposed rule change is needed
to permit OCC to issue, clear, and settle
options on Pool ETFs. The definition of
‘‘fund share’’ in Article I of OCC’s ByLaws is currently limited to shares in
entities ‘‘holding portfolios or baskets of
securities.’’ However, the Oil Fund
invests directly in commodity futures
contracts. Additionally, although as a
technical matter the DBC Fund invests
exclusively in securities (the units
issued by the Master Fund), entities
such as the DBC Fund that invest in the
securities issued by a commodity pool
are themselves deemed to be commodity
pools because they represent an indirect
investment in commodity futures
contracts. OCC is therefore proposing to
amend the definition of ‘‘fund share’’ in
Article I of its By-Laws to specifically
refer to interests in an entity that is a
commodity pool. The definition would
also be revised to make it clear that (i)
it includes entities with actively
managed portfolios, (ii) it includes
feeder funds, and (iii) it applies only to
entities principally engaged in holding
portfolios or baskets of securities or
currencies and not entities that do so as
an incident to some other business.
The proposed rule change will not be
implemented until definitive copies of
an appropriate supplement to the
options disclosure document,
Characteristics and Risks of
Standardized Options, are available for
distribution.
OCC believes that the proposed rule
change is consistent with the purposes
and requirements of Section 17A of the
Act, because it is designed to promote
the prompt and accurate clearance and
settlement of securities transactions, to
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15:42 Nov 27, 2006
Jkt 211001
foster cooperation and coordination
with persons engaged in the clearance
and settlement of such transactions, to
remove impediments to and perfect the
mechanism of a national system for the
prompt and accurate clearance and
settlement of such transactions, and, in
general, to protect investors and the
public interest. The proposed rule
change is not inconsistent with the
existing rules of OCC, including any
other rules proposed to be amended.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
OCC does not believe that the
proposed rule change would impose any
burden on competition.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were not and are
not intended to be solicited with respect
to the proposed rule change, and none
have been received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 35 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the self-regulatory
organization consents, the Commission
will:
(A) By order approve the proposed
rule change, or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
IV. Solicitation of Comments
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File
Number SR–OCC–2006–17. 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
Section, 100 F Street, NE., Washington,
DC 20549. Copies of such filing also will
be available for inspection and copying
at the principal office of OCC and on
OCC’s Web site at https://
www.optionsclearing.com.
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–OCC–2006–17 and should
be submitted on or before December 19,
2006.
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.5
Nancy M. Morris,
Secretary.
[FR Doc. E6–20049 Filed 11–27–06; 8:45 am]
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:
BILLING CODE 8011–01–P
Electronic Comments
Self-Regulatory Organizations; The
Options Clearing Corporation; Notice
of Filing of a Proposed Rule Change
Relating to the Definition of Fund
Share
• 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–OCC–2006–17 on the
subject line.
Paper Comments
• Send paper comments in triplicate
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54786; File No. SR–OCC–
2006–16]
November 20, 2006.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 notice is hereby given that on
September 21, 2006, The Options
5 17
1 15
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
E:\FR\FM\28NON1.SGM
28NON1
Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices
Clearing Corporation (‘‘OCC’’) 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 primarily by OCC.
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 proposed rule change would
amend the definition of ‘‘fund share’’ in
OCC’s By-Laws.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
OCC 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. OCC has prepared
summaries, set forth in sections (A), (B),
and (C) below, of the most significant
aspects of such statements.2
ycherry on PROD1PC61 with NOTICES
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
OCC issues and clears options on
‘‘fund shares’’ which are defined in
Article I of OCC’s By-Laws as a publicly
traded interest in a trust, investment
company, or other entity holding
portfolios or baskets of securities.3 The
proposed rule change would amend the
definition of ‘‘fund shares’’ in order to
accommodate requests from OCC
participant exchanges that OCC clear
and settle options on exchange traded
fund (‘‘ETF’’) shares that represent
interests in an entity holding euros and
investing the euros in time deposits.4
Specifically, the proposed rule change
would amend the definition to include
interests in entities holding portfolios or
2 The Commission has modified parts of these
statements.
3 Securities Exchange Act Release No. 46914
(November 26, 2002), 67 FR 72261 (December 4,
2002) [File No. SR–OCC–2002–22].
4 Securities and Exchange Act Release Nos. 54087
(June 30, 2006), 71 FR 38918 (July 10, 2006) [File
No. SR–ISE–2005–60] (Order approving a proposed
rule change of the International Stock Exchange to
allow listing and trading of fund shares that hold
specified non-U.S. currency options, futures or
options on futures on such currency, or any other
derivatives based on such currency.) The American
Stock Exchange has filed a similar proposal [File
No. SR–AMEX–2006–87], which has not yet been
published for notice and comment.
VerDate Aug<31>2005
15:42 Nov 27, 2006
Jkt 211001
baskets of currencies, including single
currencies. The definition would also be
revised to make it clear that (i) it
includes entities with actively managed
portfolios and (ii) it applies only to
entities principally engaged in holding
portfolios or baskets of securities or
currencies and not entities that do so as
an incident to some other business.
If approved by the Commission, the
proposed rule change would not be
implemented until definitive copies of
an appropriate supplement to the
options disclosure document,
Characteristics and Risks of
Standardized Options, are available for
distribution.
OCC believes that the proposed rule
change is consistent with the purposes
and requirements of Section 17A of the
Act because it promotes the prompt and
accurate clearance and settlement of
securities transactions, fosters
cooperation and coordination with
persons engaged in the clearance and
settlement of securities transactions,
removes impediments to and perfects
the mechanism of a national system for
the prompt and accurate clearance and
settlement of securities transactions,
and, in general, protects investors and
the public interest. The proposed rule
change is not inconsistent with the
existing rule of OCC, including any
other rules proposed to be amended.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
OCC does not believe that the
proposed rule change would impose any
burden on competition.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were not and are
not intended to be solicited with respect
to the proposed rule change, and none
have been received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 35 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the self-regulatory
organization consents, the Commission
will:
(A) By order approve the proposed
rule change or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
PO 00000
Frm 00080
Fmt 4703
Sfmt 4703
68873
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–OCC–2006–16 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–OCC–2006–16. 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
Section, 100 F Street, NE., Washington,
DC 20549. Copies of such filing also will
be available for inspection and copying
at the principal office of OCC and on
OCC’s Web site at https://
www.optionsclearing.com.
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–OCC–2006–16 and should
be submitted on or before December 19,
2006.
E:\FR\FM\28NON1.SGM
28NON1
68874
Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.5
Nancy M. Morris,
Secretary.
[FR Doc. E6–20053 Filed 11–27–06; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54785; File No. SR–OCC–
2006–18]
Self-Regulatory Organizations; The
Options Clearing Corporation; Notice
of Filing and Immediate Effectiveness
of a Proposed Rule Change Relating to
Cash-Settled Interest Rate Futures
November 20, 2006.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 notice is hereby given that on
October 3, 2006, The Options Clearing
Corporation (‘‘OCC’’) 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 primarily by OCC. OCC filed
the proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 2 whereby
the proposal was 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 proposed rule change allows OCC
to clear and settle cash-settled interest
rate futures.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
ycherry on PROD1PC61 with NOTICES
In its filing with the Commission,
OCC 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. OCC has prepared
summaries, set forth in sections (A), (B),
and (C) below, of the most significant
aspects of such statements.3
5 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 15 U.S.C. 78s(b)(3)(A)(ii).
3 The Commission has modified parts of these
statements.
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
The Philadelphia Board of Trade
(‘‘PBOT’’) has proposed to trade futures
contracts on the three-month London
Interbank Offered Rate for U.S. dollars
as announced by the British Bankers
Association (‘‘BBA’’) (‘‘LIBOR
Futures’’). PBOT intends to list LIBOR
Futures with eleven and one-half
consecutive years of daily maturities. A
separate series of LIBOR Futures will
mature on each day on which PBOT and
OCC are both open for business. A new
series will be opened each business day
to replace the maturing series so that on
any given date approximately 2,900
series will be outstanding.
The daily settlement price for each
LIBOR Future will be the average of the
closing PBOT best bid/best offer, and
the final settlement price will be based
on the three-month LIBOR rate as
reported by the BBA in its daily fixing
at 6 a.m. Greenwich Mean Time on the
maturity date. PBOT has set the
multiplier at $2,500 in order to size the
contract to reflect the three-month
return on a deposit of $1,000,000
earning interest at LIBOR. Prices for
LIBOR Futures will be quoted as 100
minus a percentage rate expressed in
increments of .0025. For example, if the
three-month LIBOR rate is 5.0050%, the
100-RATE futures contract would be
priced at 94.9950.
The final variation payment will be
made on the business day following the
last day of trading and will equal the
difference between the final settlement
price and the most recent settlement
price (or the contract price if the
contract was entered into since the most
recent daily settlement price was
established) times the multiplier.
Interest rate futures fall within the
definition of ‘‘commodity futures’’ in
Section 1a(4) of the Commodity
Exchange Act (‘‘CEA’’), which includes
‘‘all * * * rights, and interests in which
contracts for future delivery are
presently or in the future dealt in.’’ OCC
therefore proposes to clear this product
in its capacity as a ‘‘derivatives clearing
organization’’ registered under Section
5b of the CEA. The Commission
previously approved amendments to
Article XII of OCC’s By-Laws and
Chapter XIII of OCC’s Rules, both of
which are titled Futures and Futures
Options, to allow OCC to provide
clearance and settlement services for
commodity futures.4
1 15
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15:42 Nov 27, 2006
Jkt 211001
4 Securities Exchange Act Release No. 45946 (May
16, 2002), 67 FR 36056 (May 22, 2002) [File No. SR–
OCC–2001–16].
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Fmt 4703
Sfmt 4703
OCC’s rules currently provide for the
trading of cash-settled futures contracts,
and only very minor changes are needed
to accommodate LIBOR Futures. From
OCC’s perspective, LIBOR Futures will
look like any other cash-settled future.
The proposed rule change amends
OCC’s By-Laws to add the defined term
‘‘interest rate future’’ and to revise the
definition of ‘‘multiplier’’ to make it
more generic and more accurate as
applied to cash-settled futures contracts.
The proposed rule change also amends
the definition of ‘‘unit of trading’’ to
make it more generic in its application
to futures contracts even though for
purposes of the present rule change
there is no need to use the term with
respect to interest rate futures. OCC
further proposes to add a reference to
interest rate futures in Rule 1301, which
describes the manner in which variation
payments are calculated.
OCC is also making several changes to
the Clearing Agreement with PBOT. The
most significant of these changes is to
expand the types of PBOT commodity
contracts that are cleared and settled by
OCC. The Clearing Agreement currently
provides for the clearance and
settlement of foreign currency futures
only. OCC is proposing to amend
Section 3 of the Clearing Agreement to
provide for the clearance and settlement
of futures with underlyings other than
foreign currencies as well as to
accommodate the trading of futures
options and commodity options, and to
permit the parties to agree on
underlyings for futures, futures options,
and commodity options by completion
and execution of a schedule in the form
attached to the Clearing Agreement as
Schedule C. The parties have also
agreed upon and included with the
Clearing Agreement a Schedule C–1 for
interest rate futures. The provisions of
Section 3 of the Amended and Restated
Clearing Agreement with respect to the
selection of underlying interests are
similar to those in the Agreement for
Clearing and Settlement Services
between OCC and CBOE Futures
Exchange, LLC (‘‘CFE Agreement’’) filed
for immediate effectiveness in Filing
No. SR–OCC–2003–06.5
In addition, OCC is proposing to
amend the Clearing Agreement to:
provide that OCC will attempt where
possible to consult with PBOT with
respect to margin requirements for
products governed by the Clearing
Agreement; allow PBOT to consult with
OCC to the extent it believes margin
requirements are too high or otherwise
inappropriate; provide for
5 Securities Exchange Act Release No. 49124
(January 26, 2004), 69 FR 4554 (January 30, 2004).
E:\FR\FM\28NON1.SGM
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]]>Agencies
[Federal Register Volume 71, Number 228 (Tuesday, November 28, 2006)]
[Notices]
[Pages 68872-68874]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-20053]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-54786; File No. SR-OCC-2006-16]
Self-Regulatory Organizations; The Options Clearing Corporation;
Notice of Filing of a Proposed Rule Change Relating to the Definition
of Fund Share
November 20, 2006.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ notice is hereby given that on September 21, 2006, The
Options
[[Page 68873]]
Clearing Corporation (``OCC'') 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 primarily by
OCC. 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).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The proposed rule change would amend the definition of ``fund
share'' in OCC's By-Laws.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, OCC 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. OCC has prepared summaries, set forth in sections (A),
(B), and (C) below, of the most significant aspects of such
statements.\2\
---------------------------------------------------------------------------
\2\ The Commission has modified parts of these statements.
---------------------------------------------------------------------------
(A) Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
OCC issues and clears options on ``fund shares'' which are defined
in Article I of OCC's By-Laws as a publicly traded interest in a trust,
investment company, or other entity holding portfolios or baskets of
securities.\3\ The proposed rule change would amend the definition of
``fund shares'' in order to accommodate requests from OCC participant
exchanges that OCC clear and settle options on exchange traded fund
(``ETF'') shares that represent interests in an entity holding euros
and investing the euros in time deposits.\4\ Specifically, the proposed
rule change would amend the definition to include interests in entities
holding portfolios or baskets of currencies, including single
currencies. The definition would also be revised to make it clear that
(i) it includes entities with actively managed portfolios and (ii) it
applies only to entities principally engaged in holding portfolios or
baskets of securities or currencies and not entities that do so as an
incident to some other business.
---------------------------------------------------------------------------
\3\ Securities Exchange Act Release No. 46914 (November 26,
2002), 67 FR 72261 (December 4, 2002) [File No. SR-OCC-2002-22].
\4\ Securities and Exchange Act Release Nos. 54087 (June 30,
2006), 71 FR 38918 (July 10, 2006) [File No. SR-ISE-2005-60] (Order
approving a proposed rule change of the International Stock Exchange
to allow listing and trading of fund shares that hold specified non-
U.S. currency options, futures or options on futures on such
currency, or any other derivatives based on such currency.) The
American Stock Exchange has filed a similar proposal [File No. SR-
AMEX-2006-87], which has not yet been published for notice and
comment.
---------------------------------------------------------------------------
If approved by the Commission, the proposed rule change would not
be implemented until definitive copies of an appropriate supplement to
the options disclosure document, Characteristics and Risks of
Standardized Options, are available for distribution.
OCC believes that the proposed rule change is consistent with the
purposes and requirements of Section 17A of the Act because it promotes
the prompt and accurate clearance and settlement of securities
transactions, fosters cooperation and coordination with persons engaged
in the clearance and settlement of securities transactions, removes
impediments to and perfects the mechanism of a national system for the
prompt and accurate clearance and settlement of securities
transactions, and, in general, protects investors and the public
interest. The proposed rule change is not inconsistent with the
existing rule of OCC, including any other rules proposed to be amended.
(B) Self-Regulatory Organization's Statement on Burden on Competition
OCC does not believe that the proposed rule change would impose any
burden on competition.
(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants, or Others
Written comments were not and are not intended to be solicited with
respect to the proposed rule change, and none have been received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Within 35 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
(A) By order approve the proposed rule change or
(B) Institute proceedings to determine whether the proposed rule
change should be disapproved.
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-OCC-2006-16 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-OCC-2006-16. 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 Section, 100 F Street,
NE., Washington, DC 20549. Copies of such filing also will be available
for inspection and copying at the principal office of OCC and on OCC's
Web site at https://www.optionsclearing.com.
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-OCC-2006-16
and should be submitted on or before December 19, 2006.
[[Page 68874]]
For the Commission by the Division of Market Regulation,
pursuant to delegated authority.\5\
---------------------------------------------------------------------------
\5\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Nancy M. Morris,
Secretary.
[FR Doc. E6-20053 Filed 11-27-06; 8:45 am]
BILLING CODE 8011-01-P
