Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of a Proposed Rule Change Relating to Membership Requirements, 1570-1572 [E7-305]
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1570
Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices
more than $0.003 per share executed, a
firm must have an average daily volume
through Nasdaq facilities in all
securities during the month of (y) more
than 30 million shares of liquidity
provided, and (z) more than 50 million
shares of liquidity access and/or routed.
For the month of November 2006,
Nasdaq is proposing to reduce the 30
million fee qualification volume tiers
described above to 27 million shares,
and the 50 million fee qualification
volume tiers described above to 47
million shares. In addition, Nasdaq is
also reducing for the month of
November 2006, the monthly average
daily volume tier required to obtain the
$0.0025 credit rebate from its current 30
million share level to 27 million shares.
The reduction is designed to respond
to certain processing issues associated
with Nasdaq’s implementation of its
new single-book execution facility that
can result in inhibiting the ability of
users to submit orders to the system and
thus not reach their usual levels of
participation that would historically
entitle them to the most competitive fee
and rebate levels. Nasdaq believes that
a temporary reduction of the
qualification tiers is appropriate while
both Nasdaq and its users gain more
familiarity with the new single-book
trading environment. Nasdaq notes that
a similar reduction in tier levels is
currently in effect for the month of
December 2006,3 and this filing merely
makes the December tier levels
retroactive to November 2006.
2. Statutory Basis
Nasdaq believes that the proposed
rule change is consistent with the
provisions of Section 6 of the Act,4 in
general, and with Section 6(b)(4) of the
Act,5 in particular, in that the proposal
provides for the equitable allocation of
reasonable dues, fees, and other charges
among its members and issuers and
other persons using its facilities.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
rmajette on PROD1PC67 with NOTICES
Nasdaq does not believe that the
proposed rule change will result in any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act.
3 See Securities Exchange Act Release No. 54933
(Dec. 13, 2006), 71 FR 76404 (Dec. 20, 2006) (SR–
NASDAQ–2006–051).
4 15 U.S.C. 78f.
5 15 U.S.C. 78f(b)(4).
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15:41 Jan 11, 2007
Jkt 211001
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
IV. Commission’s Finding and Order
Granting Accelerated Approval of the
Proposed Rule Change
The Commission finds that the
proposed rule change is consistent with
the requirements of the Act and the
rules and regulations thereunder
III. Solicitation of Comments
applicable to a national securities
Interested persons are invited to
exchange.6 Specifically, the
submit written data, views and
Commission finds that approval of the
arguments concerning the foregoing,
proposed rule change is consistent with
including whether the proposed rule
Section 6(b)(4) 7 of the Act because the
change is consistent with the Act.
proposal provides for the equitable
Comments may be submitted by any of
allocation of reasonable dues, fees, and
the following methods:
other charges among members and
Electronic Comments
issuers and other persons using the
facilities of Nasdaq.
• Use the Commission’s Internet
The Commission finds good cause,
comment form (https://www.sec.gov/
pursuant to Section 19(b)(2) of the Act,8
rules/sro.shtml); or
for approving the proposed rule change
• Send an e-mail to ruleprior to the thirtieth day after the date
comments@sec.gov. Please include File
Number SR–NASDAQ–2006–055 on the of publication of the notice in the
Federal Register. Nasdaq stated that the
subject line.
reduction is intended to address
Paper Comments
processing issues related to Nasdaq’s
implementation of its single-book
• Send paper comments in triplicate
trading environment. The Commission
to Nancy M. Morris, Secretary,
Securities and Exchange Commission,
notes that the proposal represents a fee
100 F Street, NE., Washington, DC
reduction for system users and also
20549–1090.
notes that the proposal is limited in
duration. Therefore, the Commission
All submissions should refer to File
Number SR–NASDAQ–2006–055. This
finds that accelerated approval of the
file number should be included on the
proposal is appropriate and should
subject line if e-mail is used. To help the permit Nasdaq to extend the benefits of
Commission process and review your
the reduction to its users for the month
comments more efficiently, please use
of November.
only one method. The Commission will
post all comments on the Commission’s V. Conclusion
Internet Web site (https://www.sec.gov/
It is therefore ordered, pursuant to
rules/sro.shtml). Copies of the
Section 19(b)(2) of the Act, that the
submission, all subsequent
proposed rule change (SR–NASDAQ–
amendments, all written statements
2006–055) is hereby approved on an
with respect to the proposed rule
accelerated basis.
change that are filed with the
For the Commission, by the Division of
Commission, and all written
Market Regulation, pursuant to delegated
communications relating to the
authority.9
proposed rule change between the
Commission and any person, other than Florence E. Harmon,
those that may be withheld from the
Deputy Secretary.
public in accordance with the
[FR Doc. E7–312 Filed 1–11–07; 8:45 am]
provisions of 5 U.S.C. 552, will be
BILLING CODE 8011–01–P
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 Nasdaq. All
comments received will be posted
without change; the Commission does
not edit personal identifying
information from submissions. You
6 In approving this proposal, the Commission has
should submit only information that
considered the proposed rule’s impact on
you wish to make available publicly. All efficiency, competition, and capital formation. 15
submissions should refer to File
U.S.C. 78c(f).
7 15 U.S.C. 78f(b)(4).
Number SR–NASDAQ–2006–055 and
8 15 U.S.C. 78s(b)(2).
should be submitted on or before
9 17 CFR 200.30–3(a)(12).
February 2, 2007.
Written comments were neither
solicited nor received.
PO 00000
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12JAN1
Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–55047; File No. SR–OCC–
2006–21]
Self-Regulatory Organizations; The
Options Clearing Corporation; Notice
of Filing of a Proposed Rule Change
Relating to Membership Requirements
January 5, 2007.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934,1 notice
is hereby given that on November 15,
2006, The Options Clearing Corporation
(‘‘OCC’’) filed with the Securities and
Exchange 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
modify certain OCC By-Laws and Rules
relating to membership requirements.
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
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
The purpose of this rule change is to
modify certain By-Laws and Rules
relating to membership requirements in
order to improve their effectiveness or
otherwise clarify their meaning.
rmajette on PROD1PC67 with NOTICES
1. Interpretation and Policy .03
Interpretation and Policy .03 to
Article V, Section 1, of OCC’s By-Laws
currently requires applicants for
membership to employ two key
operations employees on a full-time
basis. This requirement is intended to
ensure that an applicant maintains
1 15
U.S.C. 78s(b)(1).
Commission has modified the text of the
summaries prepared by OCC.
2 The
VerDate Aug<31>2005
15:41 Jan 11, 2007
Jkt 211001
sufficient staff to fulfill its obligations as
a clearing member. However, several
recent applicants for clearing
membership have had difficulty meeting
this requirement because their entire
staff was employed by an affiliate of the
applicant (i.e., a parent or related
organization) rather than by the
applicant itself. While these applicants
entered into employee leasing
arrangements in order to comply with
OCC’s policy, OCC decided to
reevaluate the policy in light of the fact
that it had proved burdensome to a
number of applicants.
OCC understands that it is not
uncommon for some entities of an
affiliated corporate group to outsource
certain or all functions to another entity
of the corporate group and let the latter
be the sole employer of the people who
perform those functions. In situations of
that nature, OCC has concluded that
there is not the same reason to be
concerned about whether the applicant
will have adequate staffing as in cases
where the applicant relies on an
unaffiliated third party for staffing. OCC
therefore wishes to modify its policy in
order to provide greater flexibility to
recognize this alternative employment
structure. Accordingly, OCC proposes to
amend Interpretation and Policy .03 to
Article V, Section 1, to permit the
Membership/Risk Committee
(‘‘Committee’’) to waive the requirement
that an applicant employ two key
operations employees on a full-time
basis if the daily operations of the
applicant are conducted by staff
employed on a full-time basis by an
entity affiliated with such applicant.
OCC believes that the Committee’s
authority to waive such requirement is
consistent with its existing authority to
waive the requirement that an applicant
employ at least one full-time person
who is registered as a ‘‘Limited
Principal—Financial and Operations’’ or
comparable registration requirement, as
applicable.
2. Rule 309
OCC proposes to amend Rule 309 to
clarify that if an operationally capable
clearing member proposes to become a
managed clearing member (i.e.,
outsource certain of its obligations as a
clearing member to another clearing
member [‘‘managing clearing
member’’]), the applicant must obtain
prior approval from the Committee.
Currently, Interpretation and Policy .04
primarily contemplates the use of
facilities management agreements by
applicants for membership rather than
existing clearing members. Nonetheless,
OCC has always interpreted its By-Laws
and Rules as requiring prior Committee
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
1571
review and approval of all facilities
management agreements, including
those proposed to be entered into by
operationally capable clearing members.
The proposed amendment to Rule 309
makes this interpretation explicit.
3. Rule 901
OCC proposes to amend Rule 901 to
provide that a clearing member’s
appointment of another clearing
member or CDS Clearing and Depository
Services Inc. (‘‘CDS’’) 3, as applicable,
for purposes of effecting settlements of
exercised or matured cleared securities
may not be terminated until after the
30th calendar day following notice to
OCC of such termination.4 Currently,
clearing members are required to
provide three business days notice of
terminating such appointments.
However, three business days might be
insufficient for OCC to determine
whether or not the clearing member has
made appropriate alternative settlement
arrangements. Accordingly, OCC
proposes to change the notice period to
be consistent with the notice period
required to advise OCC of the
termination of a facilities management
agreement.5
OCC believes that the proposed
change is consistent with Section 17A of
the Act 6 because it amends certain rule
provisions relating to membership
requirements in order to improve their
effectiveness or otherwise clarify their
meaning and thereby promotes the
prompt and accurate clearance and
settlement of derivative contracts and
transactions.
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
OCC has not solicited or received
written comments with respect to the
proposed rule change.
3 CDS is the successor organization to Canadian
Depository for Securities Ltd. The By-Law
definition of CDS has been amended to reflect this
organizational change.
4 OCC surveyed appointed clearing members that
effect NSCC settlements for nonaffiliated clearing
members as well as CDS to ascertain their views
regarding the proposed change in the notice period
for terminating such appointments. There were no
objections to the proposed change.
5 Conforming changes have been made to the
related appointment forms, which are attached as
Exhibits 5A and 5B to the proposed rule filing.
6 15 U.S.C. 78q–1.
E:\FR\FM\12JAN1.SGM
12JAN1
1572
Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within thirty-five 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
ninety 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 such 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 rulecomments@sec.gov. Please include File
No. SR–OCC–2006–21 on the subject
line.
rmajette on PROD1PC67 with NOTICES
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 No.
SR–OCC–2006–21. 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
VerDate Aug<31>2005
15:41 Jan 11, 2007
Jkt 211001
be available for inspection and copying
at OCC’s principal office and on OCC’s
Web site at https://www.theocc.com/
publications/rules/proposed_changes/
proposed_changes.jsp. 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 submission
should refer to File No. SR–OCC–2006–
21 and should be submitted on or before
February 2, 2007.
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.7
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–305 Filed 1–11–07; 8:45 am]
BILLING CODE 8011–01–P
Subject:
Mail Vote 525—Resolution 010i,
TC23/123 Europe-Japan Korea,
Special Passenger Amending Resolution
from Korea (Rep. of) to Europe.
Intended effective date: 15 January
2007.
Barbara J. Hairston,
Supervisory Docket Officer, Docket
Operations, Alternate Federal Register
Liaison.
[FR Doc. E7–360 Filed 1–11–07; 8:45 am]
BILLING CODE 4910–9X–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Public Notice of Waiver of Aeronautical
Land-Use Assurance—Hallock
Municipal Airport, Hallock, MN
Federal Aviation
Administration, DOT.
ACTION: Notice of intent of waiver with
respect to land.
AGENCY:
SMALL BUSINESS ADMINISTRATION
Interest Rates
The Small Business Administration
publishes an interest rate called the
optional ‘‘peg’’ rate (13 CFR 120.214) on
a quarterly basis. This rate is a weighted
average cost of money to the
government for maturities similar to the
average SBA direct loan. This rate may
be used as a base rate for guaranteed
fluctuating interest rate SBA loans. This
rate will be 4.875 (47⁄8) percent for the
January-March quarter of FY 2007.
Janet A. Tasker,
Acting Associate Administrator for Financial
Assistance.
[FR Doc. E7–296 Filed 1–11–07; 8:45 am]
BILLING CODE 8025–01–P
DEPARTMENT OF TRANSPORTATION
Office of the Secretary
Aviation Proceedings, Agreements
Filed the Week Ending December 29,
2006
The following Agreements were filed
with the Department of Transportation
under the Sections 412 and 414 of the
Federal Aviation Act, as amended (49
U.S.C. 1382 and 1384) and procedures
governing proceedings to enforce these
provisions. Answers may be filed within
21 days after the filing of the
application.
Docket Number: OST–2006–26768.
Date Filed: December 28, 2006.
Parties: Members of the International
Air Transport Association.
7 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00087
Fmt 4703
Sfmt 4703
SUMMARY: The Federal Aviation
Administration (FAA) is considering a
proposal to change a portion of the
airport from aeronautical use to nonaeronautical use and to authorize the
sale and/or conversion of the airport
property. The proposal consists of two
parcels of land containing a total of 4.18
acres located on the north side of the
airport along County Road 13. There are
no impacts to the airport by allowing
the airport to dispose of the property.
These parcels were originally
acquired under Grant No. FAAP–01 in
1964. The parcels were acquired for a
runway that has since been abandoned
and replaced by a new primary runway
in a different location. The land
comprising these parcels is, therefore,
no longer needed for aeronautical
purposes and the airport owner wishes
to sell at 4.0 acre parcel for an
agricultural implement dealership and
convert 0.18 acres of another parcel for
use as a city wastewater lift station site.
The income from the sale/conversion of
these parcels will be reinvested in the
airport for extending the useful life of
the runway pavement.
Approval does not consistute a
commitment by the FAA to financially
assist in the disposal of the subject
airport property nor a determination of
eligibility for grant-in-aid funding from
the FAA. The disposition of proceeds
from the disposal of the airport property
will be in accordance with FAA’s Policy
and Procedures Concerning the Use of
Airport Revenue, published in the
Federal Register on February 16, 1999.
In accordance with section 47107(h) of
E:\FR\FM\12JAN1.SGM
12JAN1
]]>Agencies
[Federal Register Volume 72, Number 8 (Friday, January 12, 2007)]
[Notices]
[Pages 1570-1572]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-305]
[[Page 1571]]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-55047; File No. SR-OCC-2006-21]
Self-Regulatory Organizations; The Options Clearing Corporation;
Notice of Filing of a Proposed Rule Change Relating to Membership
Requirements
January 5, 2007.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of
1934,\1\ notice is hereby given that on November 15, 2006, The Options
Clearing Corporation (``OCC'') filed with the Securities and Exchange
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 modify certain OCC By-Laws and Rules
relating to membership requirements.
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 the text of the summaries
prepared by OCC.
---------------------------------------------------------------------------
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
The purpose of this rule change is to modify certain By-Laws and
Rules relating to membership requirements in order to improve their
effectiveness or otherwise clarify their meaning.
1. Interpretation and Policy .03
Interpretation and Policy .03 to Article V, Section 1, of OCC's By-
Laws currently requires applicants for membership to employ two key
operations employees on a full-time basis. This requirement is intended
to ensure that an applicant maintains sufficient staff to fulfill its
obligations as a clearing member. However, several recent applicants
for clearing membership have had difficulty meeting this requirement
because their entire staff was employed by an affiliate of the
applicant (i.e., a parent or related organization) rather than by the
applicant itself. While these applicants entered into employee leasing
arrangements in order to comply with OCC's policy, OCC decided to
reevaluate the policy in light of the fact that it had proved
burdensome to a number of applicants.
OCC understands that it is not uncommon for some entities of an
affiliated corporate group to outsource certain or all functions to
another entity of the corporate group and let the latter be the sole
employer of the people who perform those functions. In situations of
that nature, OCC has concluded that there is not the same reason to be
concerned about whether the applicant will have adequate staffing as in
cases where the applicant relies on an unaffiliated third party for
staffing. OCC therefore wishes to modify its policy in order to provide
greater flexibility to recognize this alternative employment structure.
Accordingly, OCC proposes to amend Interpretation and Policy .03 to
Article V, Section 1, to permit the Membership/Risk Committee
(``Committee'') to waive the requirement that an applicant employ two
key operations employees on a full-time basis if the daily operations
of the applicant are conducted by staff employed on a full-time basis
by an entity affiliated with such applicant. OCC believes that the
Committee's authority to waive such requirement is consistent with its
existing authority to waive the requirement that an applicant employ at
least one full-time person who is registered as a ``Limited Principal--
Financial and Operations'' or comparable registration requirement, as
applicable.
2. Rule 309
OCC proposes to amend Rule 309 to clarify that if an operationally
capable clearing member proposes to become a managed clearing member
(i.e., outsource certain of its obligations as a clearing member to
another clearing member [``managing clearing member'']), the applicant
must obtain prior approval from the Committee. Currently,
Interpretation and Policy .04 primarily contemplates the use of
facilities management agreements by applicants for membership rather
than existing clearing members. Nonetheless, OCC has always interpreted
its By-Laws and Rules as requiring prior Committee review and approval
of all facilities management agreements, including those proposed to be
entered into by operationally capable clearing members. The proposed
amendment to Rule 309 makes this interpretation explicit.
3. Rule 901
OCC proposes to amend Rule 901 to provide that a clearing member's
appointment of another clearing member or CDS Clearing and Depository
Services Inc. (``CDS'') \3\, as applicable, for purposes of effecting
settlements of exercised or matured cleared securities may not be
terminated until after the 30th calendar day following notice to OCC of
such termination.\4\ Currently, clearing members are required to
provide three business days notice of terminating such appointments.
However, three business days might be insufficient for OCC to determine
whether or not the clearing member has made appropriate alternative
settlement arrangements. Accordingly, OCC proposes to change the notice
period to be consistent with the notice period required to advise OCC
of the termination of a facilities management agreement.\5\
---------------------------------------------------------------------------
\3\ CDS is the successor organization to Canadian Depository for
Securities Ltd. The By-Law definition of CDS has been amended to
reflect this organizational change.
\4\ OCC surveyed appointed clearing members that effect NSCC
settlements for nonaffiliated clearing members as well as CDS to
ascertain their views regarding the proposed change in the notice
period for terminating such appointments. There were no objections
to the proposed change.
\5\ Conforming changes have been made to the related appointment
forms, which are attached as Exhibits 5A and 5B to the proposed rule
filing.
---------------------------------------------------------------------------
OCC believes that the proposed change is consistent with Section
17A of the Act \6\ because it amends certain rule provisions relating
to membership requirements in order to improve their effectiveness or
otherwise clarify their meaning and thereby promotes the prompt and
accurate clearance and settlement of derivative contracts and
transactions.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------
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
OCC has not solicited or received written comments with respect to
the proposed rule change.
[[Page 1572]]
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Within thirty-five 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 ninety 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 such 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 No. SR-OCC-2006-21 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 No. SR-OCC-2006-21. 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 OCC's principal office and on OCC's Web
site at https://www.theocc.com/publications/rules/proposed_changes/
proposed_changes.jsp. 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 submission should refer to File No. SR-
OCC-2006-21 and should be submitted on or before February 2, 2007.
For the Commission by the Division of Market Regulation,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-305 Filed 1-11-07; 8:45 am]
BILLING CODE 8011-01-P
