Sunshine Act Meetings, 28528-28529 [E7-9743]

Download as PDF pwalker on PROD1PC71 with NOTICES 28528 Federal Register / Vol. 72, No. 97 / Monday, May 21, 2007 / Notices format is available from the GSP Subcommittee and is included in the GSP Guidebook. Petitioners are requested to use this model petition format so as to ensure that all information requirements are met. Furthermore, interested parties submitting petitions that request action with respect to specific products should list on the first page of the petition the following information after typing ‘‘2007 Annual GSP Review’’: (1) The requested action; (2) the HTSUS subheading in which the product is classified; and (3) if applicable, the beneficiary developing country. Petitions and requests must be submitted, in English, to the Chairman of the GSP Subcommittee, Trade Policy Staff Committee. Submissions in response to this notice will be available for public inspection by appointment with the staff of the USTR Public Reading Room, except for information granted ‘‘business confidential’’ status pursuant to 15 CFR 2003.6. If the submission contains business confidential information, a nonconfidential version of the submission must also be submitted that indicates where confidential information was redacted by inserting asterisks where material was deleted. In addition, the confidential submission must be clearly marked ‘‘BUSINESS CONFIDENTIAL’’ in large, bold letters at the top and bottom of each and every page of the document. The public version that does not contain business confidential information must also be clearly marked in large, bold letters at the top and bottom of each and every page (either ‘‘PUBLIC VERSION’’ or ‘‘NONCONFIDENTIAL’’). Documents that are submitted without any marking might not be accepted or will be considered public documents. In order to facilitate prompt consideration of submissions, USTR requires electronic mail (e-mail) submissions in response to this notice. Hand-delivered submissions will not be accepted. E-mail submissions should be single copy transmissions in English with the total submission including attachments not to exceed 30 pages in 12-point type and 3 megabytes as a digital file attached to an e-mail transmission. Submissions should use the following e-mail subject line: ‘‘2007 Annual GSP Review-Petition.’’ Documents must be submitted as either WordPerfect (‘‘.WPD’’), MSWord (‘‘.DOC’’), text (‘‘.TXT’’), or Adobe (‘‘PDF’’) file. Documents cannot be submitted as electronic image files or contain embedded images (for example, ‘‘.JPG’’, ‘‘.TIF’’, ‘‘.BMP’’, or ‘‘.GIF’’). VerDate Aug<31>2005 15:57 May 18, 2007 Jkt 211001 Supporting documentation submitted as spreadsheets are acceptable as Quattro Pro or Excel, pre-formatted for printing on 81⁄2 × 11 inch paper. To the extent possible, any data attachments to the submission should be included in the same file as the submission itself, and not as separate files. E-mail submissions should not include separate cover letters or messages in the message area of the e-mail; information that might appear in any cover letter should be included directly in the attached file containing the submission itself, including identifying information on the sender, organization name, address, telephone number, and e-mail address. The electronic mail address for these submissions is FR0711@USTR.EOP.GOV. For any document containing business confidential information submitted as an electronic attached file to an e-mail transmission, in addition to the proper marking at the top and bottom of each page as previously specified, the file name of the business confidential version should begin with the characters ‘‘BC-’’, and the file name of the public version should begin with the characters ‘‘P-’’. The ‘‘P-’’ or ‘‘BC-’’ should be followed by the name of the person or party (government, company, union, association, etc.) submitting the petition. Documents not submitted in accordance with these instructions may not be considered in this review. Marideth Sandler, Executive Director, GSP Program, Chairman, GSP Subcommittee of the Trade Policy Staff Committee. [FR Doc. E7–9756 Filed 5–18–07; 8:45 am] BILLING CODE 3190–W7–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meetings Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Pub. L. 94–409, that the Securities and Exchange Commission will hold the following meetings during the week of May 21, 2007: Open Meetings will be held on Wednesday, May 23, 2007 at 9 a.m., Thursday, May 24, 2007 at 9 a.m. and Friday, May 25, 2007 at 9 a.m., in the Auditorium, Room L–002. A Closed Meeting will be held on Thursday, May 24, 2007 at 2 p.m. Commissioners, Counsel to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the Closed Meeting. Certain PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 staff members who have an interest in the matters may also be present. 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)(3), (4), (5), (7), (8), (9)(B), and (10) and 17 CFR 200.402(a)(3), (4), (5), (7), (8), 9(ii) and (10), permit consideration of the scheduled matters at the Closed Meeting. Commissioner Atkins, as duty officer, voted to consider the items listed for the closed meeting in closed session. The subject matter of the Open Meeting scheduled for Wednesday, May 23, 2007 at 9 a.m. will be: 1. The Commission will consider whether to adopt interpretive guidance for management regarding its evaluation and assessment of internal control over financial reporting. The Commission will also consider whether to adopt amendments to Exchange Act Rules 13a–15(c) and 15d–15(c) that would make it clear that an evaluation that complies with the Commission’s interpretive guidance would satisfy the annual management evaluation required by those rules. In addition, the Commission will consider whether to adopt amendments to Rules 1–02(a)(2) and 2–02(f) of Regulation S–X to require the expression of a single opinion directly on the effectiveness of internal control over financial reporting by the auditor in its attestation report. Finally, the Commission will consider whether to adopt amendments to Exchange Act Rule 12b–2 and Rule 1–02 of Regulation S–X to define certain terms. 2. The Commission will consider a number of rule proposals addressing the registration and disclosure requirements for smaller companies, as well as private offerings of securities, including whether: • To propose amendments to increase the number of companies eligible for the scaled disclosure and reporting requirements for smaller reporting companies; • To propose amendments to expand the eligibility requirements of Form S– 3 and Form F–3 to permit registration of primary offerings by companies with a public float of less than $75 million, subject to restrictions on the amount of securities sold in any one-year period; • To propose exemptions from the registration requirements of the Securities Exchange Act of 1934 for grants of compensatory employee stock options by non-reporting companies; • To propose a new Regulation D exemption for offers and sales of securities to a newly defined subset of ‘‘accredited investors,’’ as well as to propose revisions to the Regulation D E:\FR\FM\21MYN1.SGM 21MYN1 Federal Register / Vol. 72, No. 97 / Monday, May 21, 2007 / Notices pwalker on PROD1PC71 with NOTICES definition of ‘‘accredited investor,’’ disqualification provisions, and integration safe harbor and to provide interpretive guidance regarding integration; • To propose revisions to Form D and mandate electronic filing of Form D; and • To propose amendments to Rule 144 to revise the holding period for the resale of restricted securities, simplify compliance for non-affiliates, revise the Form 144 filing thresholds, and codify certain staff interpretations, as well as to propose amendments to Rule 145. 3. The Commission will consider whether to adopt rules to implement provisions of the Credit Rating Agency Reform Act of 2006. The subject matter of the Open Meeting scheduled for Thursday, May 24, 2007 at 9 a.m. will be: The Commission will hold a roundtable discussion regarding proxy voting mechanics. The subject matter of the Closed Meeting scheduled for Thursday, May 24, 2007 at 2 p.m. will be. Formal orders of investigations; Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings of an enforcement nature; Resolution of litigation claims; Regulatory matter regarding a financial institution; and Other matters related to enforcement proceedings. The subject matter of the Open Meeting scheduled for Friday, May 25, 2007 at 9 a.m. will be: The Commission will hold a roundtable discussion regarding proposals of shareholders. 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: May 16, 2007. Nancy M. Morris, Secretary. [FR Doc. E7–9743 Filed 5–18–07; 8:45 am] 15:57 May 18, 2007 [Release No. 34–55762; File No. SR–Amex– 2007–47] Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Change the Method By Which Specialists on the Exchange Execute Odd-Lot Market Orders Under Rule 205—AEMI May 15, 2007. 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 May 11, 2007, the American Stock Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’) 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 substantially prepared by the Exchange. Amex has filed this proposal pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(5) thereunder,4 which renders it 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 Exchange proposes to adopt changes to Rule 205—AEMI in order to change the method by which specialists on the Exchange execute odd-lot market orders. The text of the proposed rule change is available on Amex’s Web site at http://www.amex.com, at the Exchange’s principal office, and at the Commission’s Public Reference Room. II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, Amex 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. Amex has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f)(5). BILLING CODE 8010–01–P VerDate Aug<31>2005 SECURITIES AND EXCHANGE COMMISSION 2 17 Jkt 211001 PO 00000 Frm 00068 Fmt 4703 28529 A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange is currently operating, and has adopted rules in connection with the operation of, its new hybrid market trading platform for equity products and exchange-traded funds, designated as AEMISM (the Auction and Electronic Market Integration platform). Rule 205—AEMI (‘‘Manner of Executing Odd-Lot Orders’’) requires the specialist for a relevant security to be the contraparty for executions of any odd-lot orders in that security received by AEMI and specifies, in relevant part, the pricing at which such executions must occur. In the case of odd-lot market orders that are not executed within 30 seconds of receipt by AEMI, the specialist is currently required to execute such orders at the price of the qualifying national best bid or offer (‘‘NBBO’’). In order to ensure a fair and orderly market, the Exchange proposes to amend Rule 205—AEMI to provide for such odd-lot market orders to now be executed at the specialist’s quote, rather than the NBBO. (i) How Rule 205—AEMI Works Today Rule 205—AEMI(b)(i)–(iii) currently requires the specialist to execute a market odd-lot order at the price of a subsequent round-lot execution that occurs in the subject security on the Exchange for 30 seconds after the oddlot order is entered. However, a market odd-lot order is executed at this roundlot price only to the extent that there are a sufficient number of shares subsequently transacted in round-lots on the Exchange within that 30 second window to match any imbalance between the pending odd-lot market buy and sell orders. If there are an insufficient number of shares in roundlot executions within that 30 seconds from which to benchmark the market odd-lot execution price of the imbalance, Rule 205—AEMI(b)(iv) dictates that the NBBO be used as the default price at which the specialist is required to execute.5 5 Applying the rule, assume AEMI receives market odd-lot buy orders aggregating 1,500 shares and market odd-lot sell orders aggregating 3,500 shares in a security. The next and only round-lot execution on the Amex within the next 30 seconds is 500 shares at $10, and, at the expiration of the 30 seconds, the NBB is 100 shares at $10.50 on NYSE. The specialist is required in time priority of receipt of the odd-lot orders into AEMI to: • Sell/buy an equal number of shares on each side of the odd-lot market at $10, which clears the 1,500 shares of odd-lot market buy orders and Continued Sfmt 4703 E:\FR\FM\21MYN1.SGM 21MYN1

Agencies

[Federal Register Volume 72, Number 97 (Monday, May 21, 2007)]
[Notices]
[Pages 28528-28529]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-9743]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and 
Exchange Commission will hold the following meetings during the week of 
May 21, 2007:
    Open Meetings will be held on Wednesday, May 23, 2007 at 9 a.m., 
Thursday, May 24, 2007 at 9 a.m. and Friday, May 25, 2007 at 9 a.m., in 
the Auditorium, Room L-002. A Closed Meeting will be held on Thursday, 
May 24, 2007 at 2 p.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the Closed Meeting. 
Certain staff members who have an interest in the matters may also be 
present.
    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)(3), (4), (5), (7), (8), (9)(B), and (10) and 17 CFR 
200.402(a)(3), (4), (5), (7), (8), 9(ii) and (10), permit consideration 
of the scheduled matters at the Closed Meeting.
    Commissioner Atkins, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matter of the Open Meeting scheduled for Wednesday, May 
23, 2007 at 9 a.m. will be:
    1. The Commission will consider whether to adopt interpretive 
guidance for management regarding its evaluation and assessment of 
internal control over financial reporting. The Commission will also 
consider whether to adopt amendments to Exchange Act Rules 13a-15(c) 
and 15d-15(c) that would make it clear that an evaluation that complies 
with the Commission's interpretive guidance would satisfy the annual 
management evaluation required by those rules. In addition, the 
Commission will consider whether to adopt amendments to Rules 1-
02(a)(2) and 2-02(f) of Regulation S-X to require the expression of a 
single opinion directly on the effectiveness of internal control over 
financial reporting by the auditor in its attestation report. Finally, 
the Commission will consider whether to adopt amendments to Exchange 
Act Rule 12b-2 and Rule 1-02 of Regulation S-X to define certain terms.
    2. The Commission will consider a number of rule proposals 
addressing the registration and disclosure requirements for smaller 
companies, as well as private offerings of securities, including 
whether:
     To propose amendments to increase the number of companies 
eligible for the scaled disclosure and reporting requirements for 
smaller reporting companies;
     To propose amendments to expand the eligibility 
requirements of Form S-3 and Form F-3 to permit registration of primary 
offerings by companies with a public float of less than $75 million, 
subject to restrictions on the amount of securities sold in any one-
year period;
     To propose exemptions from the registration requirements 
of the Securities Exchange Act of 1934 for grants of compensatory 
employee stock options by non-reporting companies;
     To propose a new Regulation D exemption for offers and 
sales of securities to a newly defined subset of ``accredited 
investors,'' as well as to propose revisions to the Regulation D

[[Page 28529]]

definition of ``accredited investor,'' disqualification provisions, and 
integration safe harbor and to provide interpretive guidance regarding 
integration;
     To propose revisions to Form D and mandate electronic 
filing of Form D; and
     To propose amendments to Rule 144 to revise the holding 
period for the resale of restricted securities, simplify compliance for 
non-affiliates, revise the Form 144 filing thresholds, and codify 
certain staff interpretations, as well as to propose amendments to Rule 
145.
    3. The Commission will consider whether to adopt rules to implement 
provisions of the Credit Rating Agency Reform Act of 2006.
    The subject matter of the Open Meeting scheduled for Thursday, May 
24, 2007 at 9 a.m. will be:
    The Commission will hold a roundtable discussion regarding proxy 
voting mechanics.
    The subject matter of the Closed Meeting scheduled for Thursday, 
May 24, 2007 at 2 p.m. will be.
    Formal orders of investigations;
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings of an 
enforcement nature;
    Resolution of litigation claims;
    Regulatory matter regarding a financial institution; and
    Other matters related to enforcement proceedings.
    The subject matter of the Open Meeting scheduled for Friday, May 
25, 2007 at 9 a.m. will be:
    The Commission will hold a roundtable discussion regarding 
proposals of shareholders.
    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: May 16, 2007.
Nancy M. Morris,
Secretary.
 [FR Doc. E7-9743 Filed 5-18-07; 8:45 am]
BILLING CODE 8010-01-P