National Small Business Development Center Advisory Board; Public Meeting, 9989 [E7-3812]

Download as PDF Federal Register / Vol. 72, No. 43 / Tuesday, March 6, 2007 / Notices customers based on a transaction that was made outside of the customer’s instructions, as discussed above, must be rescinded, leaving the customer’s order unexecuted. The proposed rule change would allow the erroneous report based on a transaction that was made in error as to security, side or price to stand, provided the price and size of the erroneous report were within the range of prices and sizes in the specified security reported to the NYSE portion of the Consolidated Tape on the day in which the order was executed.32 The Floor broker would be required to report the error to the customer, including explaining to the customer whether the error was favorable or unfavorable to the customer.33 The Floor broker would also be required to document on a tradeby-trade basis, the name of the individual authorized to accept the erroneous report for the customer, the amount of the error and whether the error was favorable to the customer.34 The Floor broker would then treat the erroneous report as though it was an erroneous trade and his or her error account would become the opposite side to the report.35 In addition, the Floor broker would assume any loss incurred and any profit that resulted would be paid to the New York Stock Exchange Foundation 36 as currently required by NYSE Rule 411(a)(ii)(5). Thus, any disadvantage would be borne by the Floor broker who was responsible for committing the error, not the customer. 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with the provisions of Section 6(b)(5) of the Act 37 because it is designed to promote just and equitable principles of trade, to remove impediments to and perfect the mechanism of a free and open market and a national market system and, in general, to protect investors and the public interest. cprice-sewell on PROD1PC67 with NOTICES B. Self-Regulatory Organization’s Statement on Burden on Competition The Exchange 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. 32 See proposed NYSE Rule 411(a)(iv)(1). proposed NYSE Rule 411(a)(iv)(2). 34 See proposed NYSE Rule 411(a)(iv)(3). 35 See proposed NYSE Rule 411(a)(iv)(4). 36 See proposed NYSE Rule 411(a)(iv)(5). 37 15 U.S.C. 78f(b)(5). 33 See VerDate Aug<31>2005 15:35 Mar 05, 2007 Jkt 211001 C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants or Others The Exchange has neither solicited nor received written comments on the proposed rule change. 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 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: 9989 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 Room. Copies of such filing also will be available for inspection and copying at the principal office of the Exchange. 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–NYSE–2006–28 and should be submitted on or before March 27, 2007. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.38 Jill M. Peterson, Assistant Secretary. [FR Doc. E7–3795 Filed 3–5–07; 8:45 am] BILLING CODE 8010–01–P SMALL BUSINESS ADMINISTRATION National Small Business Development Center Advisory Board; Public Meeting The U.S. Small Business Administration, National Small Electronic Comments Business Development Center Advisory Board will be hosting a public meeting • Use the Commission’s Internet via conference call to discuss such comment form (https://www.sec.gov/ matters that may be presented by rules/sro.shtml); or • Send an e-mail to rulemembers, staff of the U.S. Small comments@sec.gov. Please include File Business Administration, or interested Number SR–NYSE–2006–28 on the others. The conference call will be held subject line. on Tuesday, March 20, 2007 at 1 p.m. Eastern Standard Time. Paper Comments The purpose of the meeting is to • Send paper comments in triplicate discuss the internal Board issues; the to Nancy M. Morris, Secretary, March 5th agency meeting with senior Securities and Exchange Commission, program management; the Association Station Place, 100 F Street, NE., of Small Business Development Center Washington, DC 20549–1090. (ASBC) Board March meeting; and All submissions should refer to File congressional visits conducted by board Number SR–NYSE–2006–28. This file members. number should be included on the Anyone wishing to make an oral subject line if e-mail is used. To help the presentation to the Board must contact Commission process and review your Erika Fischer, Senior Program Analyst, comments more efficiently, please use only one method. The Commission will U.S. Small Business Administration, post all comments on the Commission’s Office of Small Business Development Centers, 409 3rd Street, SW., Internet Web site (https://www.sec.gov/ Washington, DC 20416, telephone (202) rules/sro.shtml). Copies of the 205–7045 or fax (202) 481–0681. submission, all subsequent amendments, all written statements Matthew Teague, with respect to the proposed rule Committee Management Officer. change that are filed with the [FR Doc. E7–3812 Filed 3–5–07; 8:45 am] Commission, and all written BILLING CODE 8025–01–P communications relating to the proposed rule change between the 38 17 CFR 200.30–3(a)(12). Commission and any person, other than PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 E:\FR\FM\06MRN1.SGM 06MRN1

Agencies

[Federal Register Volume 72, Number 43 (Tuesday, March 6, 2007)]
[Notices]
[Page 9989]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-3812]


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SMALL BUSINESS ADMINISTRATION


National Small Business Development Center Advisory Board; Public 
Meeting

    The U.S. Small Business Administration, National Small Business 
Development Center Advisory Board will be hosting a public meeting via 
conference call to discuss such matters that may be presented by 
members, staff of the U.S. Small Business Administration, or interested 
others. The conference call will be held on Tuesday, March 20, 2007 at 
1 p.m. Eastern Standard Time.
    The purpose of the meeting is to discuss the internal Board issues; 
the March 5th agency meeting with senior program management; the 
Association of Small Business Development Center (ASBC) Board March 
meeting; and congressional visits conducted by board members.
    Anyone wishing to make an oral presentation to the Board must 
contact Erika Fischer, Senior Program Analyst, U.S. Small Business 
Administration, Office of Small Business Development Centers, 409 3rd 
Street, SW., Washington, DC 20416, telephone (202) 205-7045 or fax 
(202) 481-0681.

Matthew Teague,
Committee Management Officer.
[FR Doc. E7-3812 Filed 3-5-07; 8:45 am]
BILLING CODE 8025-01-P
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