Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend CBOE Rules in Connection With CBOE's Determination To Trade Certain Option Classes on Hybrid, 355-357 [E6-22544]
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Federal Register / Vol. 72, No. 2 / Thursday, January 4, 2007 / Notices
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Dated: December 20, 2006.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6–22543 Filed 1–3–07; 8:45 am]
Rule 17Ad–13 Annual Study and
Evaluation of Internal Accounting
Control
SECURITIES AND EXCHANGE
COMMISSION
BILLING CODE 8011–01–P
mstockstill on PROD1PC61 with NOTICES
[File No. 500–1]
Rule 17Ad–13 (17 CFR 240.17 Ad–13)
requires approximately 200 registered
transfer agents to obtain an annual
report on the adequacy of internal
accounting controls. In addition,
transfer agents must maintain copies of
any reports prepared pursuant to Rule
17Ad–13 plus any documents prepared
to notify the Commission and
appropriate regulatory agencies in the
event that the transfer agent is required
to take any corrective action. These
recordkeeping requirements assist the
Commission and other regulatory
agencies with monitoring transfer agents
and ensuring compliance with the rule.
Small transfer agents are exempt from
Rule 17Ad–13.
The staff estimates that the average
number of hours necessary for each
transfer agent to comply with Rule
17Ad–13 is one-hundred seventy-five
hours annually. The total burden is
35,000 hours annually for transfer
agents, based upon past submissions.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s
estimates of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to: R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312 or by
sending an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted within 60 days of this
notice.
VerDate Aug<31>2005
15:51 Jan 03, 2007
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In the Matter of Digital Concepts
International, Inc., Integrated Homes,
Inc., Lighthouse Fast Ferry, Inc. and
Wannigan Capital Corp.; Order of
Suspension of Trading
December 28, 2006.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Digital
Concepts International, Inc., because it
is delinquent in its periodic filing
obligations under Section 13(a) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’), and Rules 13a–1 and
13a–13 thereunder, having never filed a
periodic report after its Form 10–SB
filed on March 8, 2002, and amended on
July 2, 2002, went effective registering
its securities.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Integrated
Homes, Inc., because it is delinquent in
its periodic filing obligations under
Section 13(a) of the Exchange Act, and
Rules 13a–1 and 13a–13 thereunder,
having not filed a periodic report after
its Form 10–SB filed on October 13,
2000, went effective registering its
securities.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Lighthouse
Fast Ferry, Inc., because it is delinquent
in its periodic filing obligations under
Section 13(a) of the Exchange Act, and
Rules 13a–1 and 13a–13 thereunder,
having not filed a periodic report since
the period ending June 30, 2002.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Wannigan
Capital Corp. (f/k/a ThermoElastic
Technologies, Inc.), because it is
delinquent in its periodic filing
obligations under Section 13(a) of the
Exchange Act, and Rules 13a–1 and
13a–13 thereunder, having not filed a
periodic report since the period ending
September 30, 2002.
The Commission is of the opinion that
the public interest and the protection of
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355
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 Exchange Act, that
trading in the above-listed companies is
suspended for the period from 9:30 a.m.
EST on December 28, 2006, through
11:59 p.m. EST on January 11, 2007.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 06–9967 Filed 12–28–06; 11:06 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–54990; File No. SR–CBOE–
2006–108]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend CBOE Rules in
Connection With CBOE’s
Determination To Trade Certain Option
Classes on Hybrid
December 21, 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 December
15, 2006, the Chicago Board Options
Exchange, Incorporated (‘‘Exchange’’ or
‘‘CBOE’’) 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’’ proposed rule
change pursuant to Section
19(b)(3)(A)(iii) of the Act 3 and Rule
19b–4(f)(6) thereunder.4 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
CBOE proposes amend its rules
relating to CBOE’s determination to
trade certain option classes on Hybrid.
The text of the proposed rule change is
available on CBOE’s Web site (https://
www.cboe.com), at the CBOE’s Office of
the Secretary, and at the Commission’s
public reference room.
1 15
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
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Federal Register / Vol. 72, No. 2 / Thursday, January 4, 2007 / Notices
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
mstockstill on PROD1PC61 with NOTICES
1. Purpose
The purpose of this rule change is to
amend CBOE Rules 8.3 and 8.4 in
connection with CBOE’s determination
to trade options on the Russell 2000
Index (RUT) on the Hybrid 2.0 Platform.
Additionally, CBOE proposes to amend
Rule 8.3 in connection with CBOE’s
determination to trade options on the
iShares Russell 2000 Index Fund (IWM)
on the Hybrid Trading System, and
options on the NASDAQ 100 Index
(NDX) on the Hybrid Trading System.5
RUT options currently has an
appointment cost of .25, and CBOE
intends to maintain that appointment
cost when RUT options trade on the
Hybrid 2.0 Platform. As a result, RUT
options would be classified as an A+
Tier option class. CBOE intends to trade
RUT options on the Hybrid 2.0 Platform
beginning on December 19, 2006.
CBOE proposes to amend Rule
8.3(c)(ii) to specifically reference IWM
options and NDX options as option
classes trading on the Hybrid Trading
System. IWM options would have an
appointment cost of .50, and NDX
options would have an appointment
cost of 1.0.6 CBOE proposes to amend
CBOE Rule 8.3(c)(iv) to delete reference
to IWM options and NDX options in the
table listing the non-Hybrid option
classes and their related appointment
costs. CBOE notes that the new
appointment cost for IWM is lower than
its current non-Hybrid appointment cost
of .85. CBOE intends to trade IWM
5 CBOE Rule 1.1(aaa) defines Hybrid Trading
System and Hybrid 2.0 Platform.
6 Because not all option classes traded on the
Hybrid Trading System have an appointment cost
of .01, CBOE proposes to modify Rule 8.85(e)(ii) to
state that the appointment cost for option classes
traded on the Hybrid Trading System is as set forth
in Rule 8.3(c)(ii). Currently, Rule 8.85(e)(ii) states
that the appointment cost of Hybrid option classes
is .01.
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15:51 Jan 03, 2007
Jkt 211001
options on the Hybrid Trading System
beginning on December 19, 2006, and
NDX options on the Hybrid Trading
System beginning on January 9, 2007.
Finally, CBOE proposes to amend
Rule 8.3A to expressly include a
reference to the ‘‘AA’’ tier in
Interpretation and Policy .01. Currently,
Interpretation .01 references the ‘‘A+’’
tier, but not the ‘‘AA’’ tier. Products
designated as ‘‘A+’’ tier products have a
class quoting limit (‘‘CQL’’) of 40 as
provided in Interpretation .01 of Rule
8.3A. By including reference to the
‘‘AA’’ tier option in Interpretation.01,
products designated as ‘‘AA’’ tier
products (presently options on the
CBOE Volatility Index (VIX)), would
have a CQL of 40, which is consistent
with the current CQL for VIX options.
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the Act
and the rules and regulations under the
Act applicable to a national securities
exchange and, in particular, the
requirements of Section 6(b) of the Act.7
Specifically, the Exchange believes the
proposed rule change is consistent with
the Section 6(b)(5) of the Act,8 which
requires that the rules of an exchange be
designed to promote just and equitable
principles of trade, to prevent
fraudulent and manipulative acts and,
in general, to protect investors and the
public interest.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CBOE 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
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(iii) of the Act 9 and
subparagraph (f)(6) of Rule 19b–4 10
thereunder because it does not: (i)
Significantly affect the protection of
investors or the public interest; (ii)
7 15
U.S.C. 78f(b).
8 15 U.S.C. 78f(b)(5).
9 15 U.S.C. 78s(b)(3)(A)(iii).
10 17 CFR 240.19b–4(f)(6).
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impose any significant burden on
competition; (iii) become operative for
30 days from the date on which it was
filed, or such shorter time as the
Commission may designate; and the
Exchange has given the Commission
written notice of its intention to file the
proposed rule change at least five
business days prior to filing. 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.
Under Rule 19b–4(f)(6) of the Act,11
the proposal does not become operative
for 30 days after the date of its filing, or
such shorter time as the Commission
may designate if consistent with the
protection of investors and the public
interest. The Exchange has requested
that the Commission waive the 30-day
operative date, so that the proposal may
take effect on December 19, 2006 with
respect to IWM options and RUT
options, and January 9, 2007, with
respect to NDX options. The Exchange
believes that the proposed rule change
does not raise any new regulatory
issues. The Commission agrees and,
consistent with the protection of
investors and the public interest, has
determined to waive the 30-day
operative date, which renders the
proposal effective on December 19, 2006
with respect to IWM options and RUT
options, and January 9, 2007, with
respect to NDX options.12
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–CBOE–2006–108 on the
subject line.
11 Id.
12 For purposes only of accelerating the operative
date of this proposal, the Commission has
considered the proposed rule’s impact on
efficiency, competition and capital formation. 15
U.S.C. 78c(f).
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Federal Register / Vol. 72, No. 2 / Thursday, January 4, 2007 / Notices
Paper Comments
SOCIAL SECURITY ADMINISTRATION
• 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–CBOE–2006–108. 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 the CBOE. 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–CBOE–2006–108 and
should be submitted on or before
January 25, 2007.
Agency Information Collection
Activities: Proposed Request and
Comment Request.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.13
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6–22544 Filed 1–3–07; 8:45 am]
BILLING CODE 8011–01–P
The Social Security Administration
(SSA) publishes a list of information
collection packages that will require
clearance by the Office of Management
and Budget (OMB) in compliance with
Pub. L. 104–13, the Paperwork
Reduction Act of 1995, effective October
1, 1995. The information collection
packages that may be included in this
notice are for new information
collections, approval of existing
information collections, revisions to
OMB-approved information collections,
and extensions (no change) of OMBapproved information collections.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and on ways
to minimize burden on respondents,
including the use of automated
collection techniques or other forms of
information technology. Written
comments and recommendations
regarding the information collection(s)
should be submitted to the OMB Desk
Officer and the SSA Reports Clearance
Officer. The information can be mailed
and/or faxed to the individuals at the
addresses and fax numbers listed below:
(OMB) Office of Management and
Budget, Attn: Desk Officer for SSA, Fax:
202–395–6974.
(SSA) Social Security Administration,
DCFAM, Attn: Reports Clearance
Officer, 1333 Annex Building, 6401
Security Blvd., Baltimore, MD 21235,
Fax: 410–965–6400.
I. The information collections listed
below are pending at SSA and will be
submitted to OMB within 60 days from
the date of this notice. Therefore, your
comments should be submitted to SSA
within 60 days from the date of this
publication. You can obtain copies of
Number of
respondents
Frequency of
response
1,215,000
285,000
Totals ........................................................................................................
mstockstill on PROD1PC61 with NOTICES
Paper Submissions ..........................................................................................
ERE Submissions ............................................................................................
the collection instruments by calling the
SSA Reports Clearance Officer at 410–
965–0454 or by writing to the address
listed above.
1. Information Collections Conducted
by State Disability Determination
Services (DDSs) on Behalf of SSA—20
CFR 404.1503a, 404.1512,
404.1513404.1512, 404.1513, 404.1514
404.1517, 404.1519; 20 CFR subpart Q,
404.1613, 404.1614, 404.1624; 20 CFR
subpart I, 416.903a, 416.912, 416.913,
416.914, 416.917, 416.919 and 20 CFR
subpart J, 416.1013, 416.1024,
416.1014—0960–0555. The State
Disability Determination Services
(DDSs) collect certain information that
SSA needs to correctly administer its
disability program. This information is
divided into the Consultative
Examination (CE) and Medical Evidence
of Record (MER) categories. There are
three types of CE evidence: (a) medical
evidence from CE providers, in which
DDSs use CE medical evidence to make
disability determinations when the
claimant’s own medical sources cannot
or will not provide the required
information, (b) CE claimant completion
of a response form where claimants
indicate if they intend to keep their CE
appointment, and (c) CE claimant
completion of a form indicating whether
they want the CE report to be sent to
their doctor. In the MER category, the
DDSs use MER information to determine
a person’s physical and/or mental status
prior to making a disability
determination. Please note that for the
first time, some of the information
included in this collection can be
submitted electronically through the
new Electronic Records Express (ERE)
systems. The respondents are medical
providers, other sources of MER, and
disability claimants.
Type of Collection: Revision to an
existing OMB-approved collection. CE:
a. Medical Evidence from CE
Providers
1,500,000
b. Claimants re Appointment Letter:
Number of Respondents: 750,000.
Frequency of Response: 1.
13 17
Average Burden Per Response: 5
minutes.
1
1
15:51 Jan 03, 2007
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Estimated annual burden
(hours)
30
15
607,500
71,250
678,750
Estimated Annual Burden: 62,500
hours.
CFR 200.30–3(a)(12).
VerDate Aug<31>2005
Average
burden per response
(minutes)
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]]>Agencies
[Federal Register Volume 72, Number 2 (Thursday, January 4, 2007)]
[Notices]
[Pages 355-357]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-22544]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-54990; File No. SR-CBOE-2006-108]
Self-Regulatory Organizations; Chicago Board Options Exchange,
Incorporated; Notice of Filing and Immediate Effectiveness of Proposed
Rule Change To Amend CBOE Rules in Connection With CBOE's Determination
To Trade Certain Option Classes on Hybrid
December 21, 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 December 15, 2006, the Chicago Board Options Exchange, Incorporated
(``Exchange'' or ``CBOE'') 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'' proposed
rule change pursuant to Section 19(b)(3)(A)(iii) of the Act \3\ and
Rule 19b-4(f)(6) thereunder.\4\ The Commission is publishing this
notice to solicit comments on the proposed rule change from interested
persons.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A)(iii).
\4\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
CBOE proposes amend its rules relating to CBOE's determination to
trade certain option classes on Hybrid. The text of the proposed rule
change is available on CBOE's Web site (https://www.cboe.com), at the
CBOE's Office of the Secretary, and at the Commission's public
reference room.
[[Page 356]]
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
The purpose of this rule change is to amend CBOE Rules 8.3 and 8.4
in connection with CBOE's determination to trade options on the Russell
2000 Index (RUT) on the Hybrid 2.0 Platform. Additionally, CBOE
proposes to amend Rule 8.3 in connection with CBOE's determination to
trade options on the iShares Russell 2000 Index Fund (IWM) on the
Hybrid Trading System, and options on the NASDAQ 100 Index (NDX) on the
Hybrid Trading System.\5\
---------------------------------------------------------------------------
\5\ CBOE Rule 1.1(aaa) defines Hybrid Trading System and Hybrid
2.0 Platform.
---------------------------------------------------------------------------
RUT options currently has an appointment cost of .25, and CBOE
intends to maintain that appointment cost when RUT options trade on the
Hybrid 2.0 Platform. As a result, RUT options would be classified as an
A+ Tier option class. CBOE intends to trade RUT options on the Hybrid
2.0 Platform beginning on December 19, 2006.
CBOE proposes to amend Rule 8.3(c)(ii) to specifically reference
IWM options and NDX options as option classes trading on the Hybrid
Trading System. IWM options would have an appointment cost of .50, and
NDX options would have an appointment cost of 1.0.\6\ CBOE proposes to
amend CBOE Rule 8.3(c)(iv) to delete reference to IWM options and NDX
options in the table listing the non-Hybrid option classes and their
related appointment costs. CBOE notes that the new appointment cost for
IWM is lower than its current non-Hybrid appointment cost of .85. CBOE
intends to trade IWM options on the Hybrid Trading System beginning on
December 19, 2006, and NDX options on the Hybrid Trading System
beginning on January 9, 2007.
---------------------------------------------------------------------------
\6\ Because not all option classes traded on the Hybrid Trading
System have an appointment cost of .01, CBOE proposes to modify Rule
8.85(e)(ii) to state that the appointment cost for option classes
traded on the Hybrid Trading System is as set forth in Rule
8.3(c)(ii). Currently, Rule 8.85(e)(ii) states that the appointment
cost of Hybrid option classes is .01.
---------------------------------------------------------------------------
Finally, CBOE proposes to amend Rule 8.3A to expressly include a
reference to the ``AA'' tier in Interpretation and Policy .01.
Currently, Interpretation .01 references the ``A+'' tier, but not the
``AA'' tier. Products designated as ``A+'' tier products have a class
quoting limit (``CQL'') of 40 as provided in Interpretation .01 of Rule
8.3A. By including reference to the ``AA'' tier option in
Interpretation.01, products designated as ``AA'' tier products
(presently options on the CBOE Volatility Index (VIX)), would have a
CQL of 40, which is consistent with the current CQL for VIX options.
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Act and the rules and regulations under the Act applicable to a
national securities exchange and, in particular, the requirements of
Section 6(b) of the Act.\7\ Specifically, the Exchange believes the
proposed rule change is consistent with the Section 6(b)(5) of the
Act,\8\ which requires that the rules of an exchange be designed to
promote just and equitable principles of trade, to prevent fraudulent
and manipulative acts and, in general, to protect investors and the
public interest.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78f(b).
\8\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
CBOE 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
No written comments were solicited or received with respect to the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A)(iii) of the Act \9\ and subparagraph (f)(6) of Rule 19b-4
\10\ thereunder because it does not: (i) Significantly affect the
protection of investors or the public interest; (ii) impose any
significant burden on competition; (iii) become operative for 30 days
from the date on which it was filed, or such shorter time as the
Commission may designate; and the Exchange has given the Commission
written notice of its intention to file the proposed rule change at
least five business days prior to filing. 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.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(3)(A)(iii).
\10\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
Under Rule 19b-4(f)(6) of the Act,\11\ the proposal does not become
operative for 30 days after the date of its filing, or such shorter
time as the Commission may designate if consistent with the protection
of investors and the public interest. The Exchange has requested that
the Commission waive the 30-day operative date, so that the proposal
may take effect on December 19, 2006 with respect to IWM options and
RUT options, and January 9, 2007, with respect to NDX options. The
Exchange believes that the proposed rule change does not raise any new
regulatory issues. The Commission agrees and, consistent with the
protection of investors and the public interest, has determined to
waive the 30-day operative date, which renders the proposal effective
on December 19, 2006 with respect to IWM options and RUT options, and
January 9, 2007, with respect to NDX options.\12\
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\11\ Id.
\12\ For purposes only of accelerating the operative date of
this proposal, the Commission has considered the proposed rule's
impact on efficiency, competition and capital formation. 15 U.S.C.
78c(f).
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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-CBOE-2006-108 on the subject line.
[[Page 357]]
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-CBOE-2006-108. 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 the CBOE. 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-CBOE-2006-108 and should be
submitted on or before January 25, 2007.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\13\
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\13\ 17 CFR 200.30-3(a)(12).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6-22544 Filed 1-3-07; 8:45 am]
BILLING CODE 8011-01-P
