Sunshine Act Meeting, 1567-1568 [07-113]

Download as PDF rmajette on PROD1PC67 with NOTICES Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices Rule 12g3–2 (17 CFR 240.12g3–2) provides an exemption from Section 12(g) of the Act (15 U.S.C. 78l(g)) for foreign private issuers. Rule 12g3–2 is designed to provide investors in foreign securities with information about such securities and the foreign issuer. The information filed under Rule 12g3–2 must be filed with the Commission and is publicly available. We estimate that it takes approximately one hour to provide the information required under Rule 12g3–2 and that the information is filed by 1,800 foreign issuers for a total annual reporting burden of 1,800 hours. Rule 13e–1 (17 CFR 240.13e–1) makes it unlawful for an issuer who has received notice that it is the subject of a tender offer made under Section 14(d)(1) of the Act (15 U.S.C. 78n(d)(1)) and which has commenced under Rule 14d–2 (17 CFR 240.14d–2) to purchase any of its equity securities during the tender offer unless it first files a statement with the Commission containing information required by the Rule. This rule is in keeping with the Commission’s statutory responsibility to prescribe rules and regulations that are necessary for the protection of investors. Public companies are the respondents. We estimate that it takes approximately 10 burden hours per response to provide the information required under Rule 13e–1 and that the information is filed by 20 respondents. We estimate that 25% of the 10 hours per response (2.5 hours) is prepared by the company for a total annual reporting burden of 50 hours (2.5 hours per response × 20 responses). An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or send an email to David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Securities and Exchange Commission, C/O Shirley Martinson 6432 General Green Way, Alexandria, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. VerDate Aug<31>2005 15:41 Jan 11, 2007 Jkt 211001 Dated: January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–303 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Submissions for OMB Review; Comment Request Upon written request; copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extensions: Industry Guides: OMB Control No. 3235– 0069 and SEC File No. 270–069. Notice of Exempt Roll-Up Preliminary Communication: OMB Control No. 3235– 0452 and SEC File No. 270–396. Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.) the Securities and Exchange Commission (‘‘Commission’’) has submitted to the Office of Management and Budget these requests for extension of the previously approved collections of information discussed below. Industries Guides are used by registrants in certain specified industries as disclosure guidelines to be followed in disclosing information to investors in Securities Act (15 U.S.C. 77a et seq.) and Exchange Act (15 U.S.C. 78a et seq.) registration statements and certain other Exchange Act filings. The information filed with the Commission using the Industry Guides permits verification of compliance with securities law requirements and assures the public availability and dissemination of such information. The information required by the Industry Guides is filed on occasion and is mandatory. All information is provided to the public. The Commission estimates for administrative purposes only that the total annual burden with respect to the Industry Guides is one hour. The Industry Guides do not directly impose any disclosure burden. A Notice of Exempt Preliminary RollUp Communication (‘‘Notice’’) (240.14a–104) provides information regarding ownership interests and any potential conflicts of interest to be included in statements submitted by or on behalf of a person pursuant to Section 240.14a–2(b)(4) and Section 240.14a–6(n). The Notice is filed on occasion and the information required is mandatory. All information is provided to the public upon request. The Notice takes approximately .25 hours per PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 1567 response and is filed by 4 respondents for a total of one annual burden hour. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or send an email to David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Securities and Exchange Commission, C/O Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312; or send an email to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days of this notice. Dated: January 3, 2007. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–304 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [To be Published]. Closed Meeting. 100 F Street, NE., Washington, STATUS: PLACE: DC ANNOUNCEMENT OF ADDITIONAL MEETING: Additional Meeting (Week of January 8, 2007). A Closed Meeting has been scheduled for Thursday, January 11, 2007 at 10 a.m. Commissioners and certain staff members who have an interest in the matter will attend the Closed Meeting. 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)(5), (7), (9)(B) and (10) and 17 CFR 200.402(a)(5), (7), (9)(ii) and (10) permit consideration of the scheduled matter at the Closed Meeting. Commissioner Campos as duty officer, voted to consider the item listed for the closed meeting in closed session, and determined that no earlier notice thereof was possible. The subject matter of the Closed Meeting scheduled for Thursday, January 11, 2007 will be: Institution and settlement of injunctive action. E:\FR\FM\12JAN1.SGM 12JAN1 1568 Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices 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: January 9, 2007. Nancy M. Morris, Secretary. [FR Doc. 07–113 Filed 1–9–07; 4:03 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–55049; File No. SR–OPRA– 2006–02] Options Price Reporting Authority; Order Approving an Amendment to the Plan for Reporting of Consolidated Options Last Sale Reports and Quotation Information To Provide That Classes of Foreign Currency Options Newly Introduced for Trading by Any of the Parties to the Plan Be Treated Under the Provision ‘‘Special Temporary Provision for Newly Traded FCO Securities’’ During a Temporary Period Ending on December 31, 2007 January 5, 2007. On November 17, 2006, the Options Price Reporting Authority (‘‘OPRA’’) submitted to the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 11A of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 608 thereunder,2 an amendment to the Plan for Reporting of Consolidated Options Last Sale Reports and Quotation Information (‘‘OPRA Plan’’).3 The proposed OPRA Plan amendment would provide that classes of Foreign Currency Options (‘‘FCO Securities’’ or ‘‘FCOs’’), newly introduced for trading in the securities markets maintained by any of the parties to the OPRA Plan, will be treated by OPRA under the provision ‘‘Special 1 15 U.S.C. 78k–1. CFR 242.608. 3 The OPRA Plan is a national market system plan approved by the Commission pursuant to Section 11A of the Act and Rule 608 thereunder (formerly Rule 11Aa3–2). See Securities Exchange Act Release No. 17638 (March 18, 1981), 22 S.E.C. Docket 484 (March 31, 1981). The full text of the OPRA Plan is available at http:// www.opradata.com. The OPRA Plan provides for the collection and dissemination of last sale and quotation information on options that are traded on the participant exchanges. The six participants to the OPRA Plan are the American Stock Exchange LLC, the Boston Stock Exchange, Inc., the Chicago Board Options Exchange, Incorporated, the International Securities Exchange, LLC (‘‘ISE’’), the NYSE Arca, Inc., and the Philadelphia Stock Exchange, Inc. (‘‘Phlx’’). rmajette on PROD1PC67 with NOTICES 2 17 VerDate Aug<31>2005 15:41 Jan 11, 2007 Jkt 211001 Temporary Provision for Newly Traded FCO Securities’’ during a temporary period ending no later than December 31, 2007. Notice of the proposal was published in the Federal Register on December 11, 2006.4 The Commission received no comment letters on the proposed OPRA Plan amendment. This order approves the proposal. Under the terms of the OPRA Plan, subject to the exception described in Section VIII(c)(iii), FCOs traded on any of the exchanges that are parties to the Plan are ordinarily assigned to a separate ‘‘FCO service’’ rather than OPRA’s ‘‘basic service’’ to which equity and index options are assigned. As a result, subject to the exception described below, separate fees and charges are imposed for access to the FCO service, and all revenues and expenses pertaining to the FCO service are allocated to a separate ‘‘FCO Accounting Center’’ established under Section VIII(c) of the OPRA Plan. To date, FCOs have been traded only on the Phlx. In late 2005, at the request of the Phlx and with the Commission’s approval, OPRA amended Section VIII(c) of the ORPA Plan by adding a new subparagraph (iii) thereto, which provides that during a temporary period ending on December 31, 2007, new classes of FCO Securities introduced for trading on the Phlx (such classes are defined as ‘‘New FCO Securities’’) will be included in OPRA’s basic service and not in its FCO service.5 The effect of the amendment is to treat New FCO Securities as if they were equity options and not FCO Securities, with the result that during the period when subparagraph (c)(iii) of Section VIII is in effect, access to market information pertaining to New FCO Securities is not subject to the separate fees and charges that apply to OPRA’s FCO service, and revenues and expenses pertaining to market information pertaining to New FCO Securities are not allocated to OPRA’s FCO accounting center but instead are allocated to its basic accounting center. The ISE recently advised OPRA that it intends to commence trading in certain classes of FCOs and that none of the FCOs it intends to trade will be fungible with classes of FCOs traded on the Phlx. Since by its terms Section VIII(c)(iii) of the OPRA Plan currently applies to new classes of FCOs that are listed on the Phlx, in response to the ISE’s request, OPRA proposes to amend 4 See Securities Exchange Act Release No. 54870 (December 5, 2006), 71 FR 71597. 5 See Securities Exchange Act Release No. 52901 (December 6, 2005), 70 FR 74061 (December 14, 2005) (SR–OPRA–2005–03). PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 that section to make it apply to all classes of FCOs newly listed by any exchange that is a party to the OPRA Plan while that section remains in effect. This will assure that all classes of newly listed FCOs will be treated the same by being included in OPRA’s basic service, rather than in its FCO service regardless of the exchange on which those classes are traded. After careful review, the Commission finds that the proposed OPRA Plan amendment is consistent with the requirements of the Act and the rules and regulations thereunder.6 The Commission finds that the proposed OPRA Plan amendment is consistent with Section 11A of the Act 7 and Rule 608 thereunder 8 in that it is appropriate in the public interest, for the protection of investors and the maintenance of fair and orderly markets, to remove impediments to, and perfect the mechanisms of, a national market system. Specifically, the Commission finds that it is appropriate generally and consistent with OPRA’s prior filing 9 to amend the language of the OPRA Plan to temporarily accommodate any of the parties to the OPRA Plan that are maintaining classes of FCO Securities newly introduced for trading in the securities markets and to treat such new FCO Securities under the provision ‘‘Special Temporary Provision for Newly Traded FCO Securities’’ during a temporary period ending no later than December 31, 2007. It is therefore ordered, pursuant to Section 11A of the Act,10 and Rule 608 thereunder,11 that the proposed OPRA Plan amendment (SR–OPRA–2006–02) be, and it hereby is, approved on a temporary basis, until December 31, 2007. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.12 Florence E. Harmon, Deputy Secretary. [FR Doc. E7–313 Filed 1–11–07; 8:45 am] BILLING CODE 8011–01–P 6 In approving this proposed OPRA Plan Amendment, the Commission has considered its impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). 7 15 U.S.C. 78k–1. 8 17 CFR 242.608. 9 See supra note 5. 10 15 U.S.C. 78k–1. 11 17 CFR 242.608. 12 17 CFR 200.30–3(a)(29). E:\FR\FM\12JAN1.SGM 12JAN1

Agencies

[Federal Register Volume 72, Number 8 (Friday, January 12, 2007)]
[Notices]
[Pages 1567-1568]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-113]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

Federal Register Citation of Previous Announcement: [To be Published].

Status: Closed Meeting.

Place: 100 F Street, NE., Washington, DC

Announcement of Additional Meeting: Additional Meeting (Week of January 
8, 2007).
    A Closed Meeting has been scheduled for Thursday, January 11, 2007 
at 10 a.m.
    Commissioners and certain staff members who have an interest in the 
matter will attend the Closed Meeting.
    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)(5), (7), (9)(B) and (10) and 17 CFR 200.402(a)(5), 
(7), (9)(ii) and (10) permit consideration of the scheduled matter at 
the Closed Meeting.
    Commissioner Campos as duty officer, voted to consider the item 
listed for the closed meeting in closed session, and determined that no 
earlier notice thereof was possible.
    The subject matter of the Closed Meeting scheduled for Thursday, 
January 11, 2007 will be: Institution and settlement of injunctive 
action.

[[Page 1568]]

    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: January 9, 2007.
Nancy M. Morris,
Secretary.
[FR Doc. 07-113 Filed 1-9-07; 4:03 pm]
BILLING CODE 8011-01-P