Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Closing Auctions for Securities Similar to Exchange-Traded Funds, 29027-29028 [E7-9856]

Download as PDF Federal Register / Vol. 72, No. 99 / Wednesday, May 23, 2007 / Notices the value of the underlying index is no longer calculated or available. The Exchange will implement written surveillance procedures for ETFs based on Fixed Income Indexes or Combination Indexes.34 In approving this proposal, the Commission relied on NYSE’s representation that its surveillance procedures are adequate to properly monitor the trading of ICUs listed pursuant to this proposal. This approval is conditioned on the continuing accuracy of that representation. Acceleration The Commission finds good cause for approving the proposed rule change, as amended, prior to the 30th day after the date of publication of the notice of filing thereof in the Federal Register. The Commission notes that NYSE’s proposal is substantially similar to an Amex proposal that has been approved by the Commission.35 The Commission does not believe that NYSE’s proposal raises any novel regulatory issues and, therefore, believes that good cause exists for approving the filing before the conclusion of a notice-and-comment period. Accelerated approval of the proposal will expedite the listing and trading of additional ETFs by the Exchange, subject to consistent and reasonable standards. Therefore, the Commission finds good cause, consistent with Section 19(b)(2) of the Exchange Act,36 to approve the proposed rule change, as amended, on an accelerated basis. V. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Exchange Act,37 that the proposed rule change (SR– NYSE–2007–37), as amended, be, and it hereby is, approved on an accelerated basis. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.38 J. Lynn Taylor, Assistant Secretary. [FR Doc. E7–9874 Filed 5–22–07; 8:45 am] pwalker on PROD1PC71 with NOTICES BILLING CODE 8010–01–P 34 See proposed Section 703.16(F)(2). supra note 32. 36 15 U.S.C. 78s(b)(2). 37 Id. 38 17 CFR 200.30–3(a)(12). 35 See VerDate Aug<31>2005 18:32 May 22, 2007 Jkt 211001 29027 SECURITIES AND EXCHANGE COMMISSION the most significant aspects of such statements. [Release No. 34–55775; File No. SR– NYSEArca–2007–40] A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Closing Auctions for Securities Similar to Exchange-Traded Funds May 16, 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, NYSE Arca, Inc. (‘‘NYSE Arca’’ or ‘‘Exchange’’), through its wholly owned subsidiary NYSE Arca Equities, Inc. (‘‘NYSE Arca Equities’’), filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been substantially prepared by the Exchange. The Exchange filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(6) thereunder,4 which renders the proposal 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, through NYSE Arca Equities, proposes to amend NYSE Arca Equities Rule 7.35(e)(3)(E) relating to closing auctions for exchange-traded funds (‘‘ETFs’’). The text of the proposed rule change is available on the Exchange’s Web site (https:// www.nysearca.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, 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 III below. The Exchange has prepared summaries, set forth in Sections A, B, and C below, of 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)(6). 2 17 PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 1. Purpose The Exchange proposes to amend NYSE Arca Equities Rule 7.35(e)(3)(E) relating to closing auctions for ETFs. Currently, NYSE Arca Equities Rule 7.35(e)(3)(E) provides special closing auction rules for certain listed ETFs as defined in NYSE Arca Equities Rules 5.1(b)(13) (Unit Investment Trusts), 5.2(j)(3) (Investment Company Units), and 8.100 (Portfolio Depositary Receipts).5 Since receiving Commission approval to include ETFs in its closing auction process in 2004, the Exchange has obtained approval from the Commission to list and trade the securities of additional derivative securities products that operate in a manner similar to ETFs. These derivative securities products are not currently included in NYSE Arca Equities Rule 7.35(e)(3)(E). The Exchange proposes to amend NYSE Arca Equities Rule 7.35(e)(3)(E) to include references to the rules governing these additional derivative securities products, rendering these types of products subject to the same closing auction rules as ETFs. Specifically, the Exchange proposes to amend NYSE Arca Equities Rule 7.35(e)(3)(E) to include references to NYSE Arca Equities Rules 5.2(j)(5) (Equity Gold Shares),6 8.200 (Trust Issued Receipts),7 8.201 (Commodity Based Trust Shares),8 8.202 (Currency 5 See Securities Exchange Act Release No. 50643 (November 5, 2004), 69 FR 65668 (November 15, 2004) (SR–PCX–2004–98) (approving amendments to NYSE Arca Equities Rule 7.35 to include certain ETFs in the closing auction process). NYSE Arca Equities Rule 7.35(e)(3)(E) applies only to securities that are listed on the Exchange and not to securities that are traded pursuant to unlisted trading privileges (‘‘UTP’’). 6 See Securities Exchange Act Release No. 51245 (February 23, 2005), 70 FR 10731 (March 4, 2005) (SR–PCX–2004–117) (approving generic listing standards for Equity Gold Shares and trading, on a UTP basis, of the streetTRACKS Gold Shares pursuant to NYSE Arca Equities Rule 5.2(j)(5)). 7 See Securities Exchange Act Release No. 44182 (April 16, 2001), 66 FR 21798 (May 1, 2001) (SR– PCX–2001–01) (approving generic listing standards for Trust Issued Receipts pursuant to NYSE Arca Equities Rule 8.200). 8 See Securities Exchange Act Release No. 51067 (January 21, 2005), 70 FR 3952 (January 27, 2005) (SR–PCX–2004–132) (approving generic listing standards for Commodity-Based Trust Shares and trading, on a UTP basis, of the iShares COMEX Gold Trust pursuant to NYSE Arca Equities Rule 8.201). E:\FR\FM\23MYN1.SGM 23MYN1 29028 Federal Register / Vol. 72, No. 99 / Wednesday, May 23, 2007 / Notices Trust Shares),9 8.203 (Commodity Index Trust Shares),10 8.300 (Partnership Units),11 and 8.400 (Paired Trust Shares).12 In addition, the Exchange proposes to amend NYSE Arca Equities Rule 7.35(e)(3)(E) to include references to NYSE Arca Equities Rule 5.1(b)(18) which defines the term ‘‘ExchangeTraded Funds.’’ 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with Section 6(b) of the Act 13 in general and furthers the objectives of Section 6(b)(5) of the Act 14 in particular in that it is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in facilitating transactions in securities, and to remove impediments to and perfect the mechanism of a free and open market and a national market system. B. Self-Regulatory Organization’s Statement on Burden on Competition C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send e-mail to rulecomments@sec.gov. Please include File Number SR–NYSEArca–2007–40 on the subject line. pwalker on PROD1PC71 with NOTICES 9 See Securities Exchange Act Release No. 53253 (February 8, 2006), 71 FR 8029 (February 15, 2006) (SR–PCX–2005–123) (approving generic listing standards for Currency Trust Shares and trading, on a UTP basis, of the Euro Currency Trust pursuant to NYSE Arca Equities Rule 8.202). 10 See Securities Exchange Act Release No. 54025 (June 21, 2006), 71 FR 36856 (June 28, 2006) (SR– NYSEArca–2006–12) (approving generic listing standards for Commodity Index Trust Shares and trading, on a UTP basis, of the iShares GSCI Commodity Indexed Trust pursuant to NYSE Arca Equities Rule 8.203). 11 See Securities Exchange Act Release No. 53875 (May 25, 2006), 71 FR 32164 (June 2, 2006) (SR– NYSEArca–2006–11) (approving generic listing standards for Partnership Units and trading, on a UTP basis, of the United States Oil Fund, LP pursuant to NYSE Arca Equities Rule 8.300). 12 See Securities Exchange Act Release No. 34– 55033 (December 29, 2006), 72 FR 1253 (January 10, 2007) (SR–NYSEArca–2006–75) (approving generic listing standards for Paired Trust Shares and trading, on a UTP basis, of the Claymore MACRO Tradeable Shares pursuant to NYSE Arca Equities Rule 8.400). 13 15 U.S.C. 78f(b). 14 15 U.S.C. 78f(b)(5). Jkt 211001 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 Written comments on the proposed rule change were neither solicited nor received. 18:32 May 22, 2007 Because the foregoing proposed rule change does not: (i) Significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate if consistent with the protection of investors and the public interest, it has become effective pursuant to Section 19(b)(3)(A) of the Act,15 and Rule 19b–4(f)(6) thereunder.16 At any time within 60 days of the filing of the 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. IV. Solicitation of Comments 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. VerDate Aug<31>2005 III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action 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 Room. Copies of such filing will also 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–NYSEArca–2007–40 and should be submitted by or before June 13, 2007. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.17 J. Lynn Taylor, Assistant Secretary. [FR Doc. E7–9856 Filed 5–22–07; 8:45 am] BILLING CODE 8010–01–P SMALL BUSINESS ADMINISTRATION Data Collection Available for Public Comments and Recommendations Notice and request for comments. ACTION: SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this notice announces the Small Business Administration’s intentions to request approval on a new and/or currently approved information collection. Paper Comments DATES: Submit comments on or before • Send paper comments in triplicate July 23, 2007. to Nancy M. Morris, Secretary, ADDRESSES: Send all comments Securities and Exchange Commission, regarding whether this information 100 F Street, NE., Washington, DC collection is necessary for the proper 20549–1090. performance of the function of the All submissions should refer to File agency, whether the burden estimates Number SR–NYSEArca–2007–40. This are accurate, and if there are ways to file number should be included on the minimize the estimated burden and subject line if e-mail is used. To help the enhance the quality of the collection, to Commission process and review your Teresa Lewis, Assistant Administrator, comments more efficiently, please use Office of Management and Technical only one method. The Commission will Assistance Small Business post all comments on the Commission’s Administration, 409 3rd Street, SW., 8th Internet Web site (https://www.sec.gov/ Floor, Wash., DC 20416. rules/sro/shtml). Copies of the FOR FURTHER INFORMATION CONTACT: submission, all subsequent Teresa Lewis, Assistant Administrator, amendments, all written statements Office of Management and Technical Assistance 202–619–1624 15 15 U.S.C. 78s(b)(3)(A). teresa.lewis@sba.gov. Curtis B. Rich, 16 17 CFR 240.19b–4(f)(6). The Commission notes that the Exchange satisfied the five-day pre-filing notice requirement. PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 17 17 E:\FR\FM\23MYN1.SGM CFR 200.30–3(a)(12). 23MYN1

Agencies

[Federal Register Volume 72, Number 99 (Wednesday, May 23, 2007)]
[Notices]
[Pages 29027-29028]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-9856]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-55775; File No. SR-NYSEArca-2007-40]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change Relating to Closing 
Auctions for Securities Similar to Exchange-Traded Funds

May 16, 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, NYSE Arca, Inc. (``NYSE Arca'' or ``Exchange''), 
through its wholly owned subsidiary NYSE Arca Equities, Inc. (``NYSE 
Arca Equities''), filed with the Securities and Exchange Commission 
(``Commission'') the proposed rule change as described in Items I and 
II below, which Items have been substantially prepared by the Exchange. 
The Exchange filed the proposed rule change pursuant to Section 
19(b)(3)(A) of the Act \3\ and Rule 19b-4(f)(6) thereunder,\4\ which 
renders the proposal effective upon filing with the Commission. 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).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------

I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange, through NYSE Arca Equities, proposes to amend NYSE 
Arca Equities Rule 7.35(e)(3)(E) relating to closing auctions for 
exchange-traded funds (``ETFs''). The text of the proposed rule change 
is available on the Exchange's Web site (https://www.nysearca.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, 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 III 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 Exchange proposes to amend NYSE Arca Equities Rule 
7.35(e)(3)(E) relating to closing auctions for ETFs. Currently, NYSE 
Arca Equities Rule 7.35(e)(3)(E) provides special closing auction rules 
for certain listed ETFs as defined in NYSE Arca Equities Rules 
5.1(b)(13) (Unit Investment Trusts), 5.2(j)(3) (Investment Company 
Units), and 8.100 (Portfolio Depositary Receipts).\5\ Since receiving 
Commission approval to include ETFs in its closing auction process in 
2004, the Exchange has obtained approval from the Commission to list 
and trade the securities of additional derivative securities products 
that operate in a manner similar to ETFs. These derivative securities 
products are not currently included in NYSE Arca Equities Rule 
7.35(e)(3)(E). The Exchange proposes to amend NYSE Arca Equities Rule 
7.35(e)(3)(E) to include references to the rules governing these 
additional derivative securities products, rendering these types of 
products subject to the same closing auction rules as ETFs. 
Specifically, the Exchange proposes to amend NYSE Arca Equities Rule 
7.35(e)(3)(E) to include references to NYSE Arca Equities Rules 
5.2(j)(5) (Equity Gold Shares),\6\ 8.200 (Trust Issued Receipts),\7\ 
8.201 (Commodity Based Trust Shares),\8\ 8.202 (Currency

[[Page 29028]]

Trust Shares),\9\ 8.203 (Commodity Index Trust Shares),\10\ 8.300 
(Partnership Units),\11\ and 8.400 (Paired Trust Shares).\12\ In 
addition, the Exchange proposes to amend NYSE Arca Equities Rule 
7.35(e)(3)(E) to include references to NYSE Arca Equities Rule 
5.1(b)(18) which defines the term ``Exchange-Traded Funds.''
---------------------------------------------------------------------------

    \5\ See Securities Exchange Act Release No. 50643 (November 5, 
2004), 69 FR 65668 (November 15, 2004) (SR-PCX-2004-98) (approving 
amendments to NYSE Arca Equities Rule 7.35 to include certain ETFs 
in the closing auction process). NYSE Arca Equities Rule 
7.35(e)(3)(E) applies only to securities that are listed on the 
Exchange and not to securities that are traded pursuant to unlisted 
trading privileges (``UTP'').
    \6\ See Securities Exchange Act Release No. 51245 (February 23, 
2005), 70 FR 10731 (March 4, 2005) (SR-PCX-2004-117) (approving 
generic listing standards for Equity Gold Shares and trading, on a 
UTP basis, of the streetTRACKS[supreg] Gold Shares pursuant to NYSE 
Arca Equities Rule 5.2(j)(5)).
    \7\ See Securities Exchange Act Release No. 44182 (April 16, 
2001), 66 FR 21798 (May 1, 2001) (SR-PCX-2001-01) (approving generic 
listing standards for Trust Issued Receipts pursuant to NYSE Arca 
Equities Rule 8.200).
    \8\ See Securities Exchange Act Release No. 51067 (January 21, 
2005), 70 FR 3952 (January 27, 2005) (SR-PCX-2004-132) (approving 
generic listing standards for Commodity-Based Trust Shares and 
trading, on a UTP basis, of the iShares[supreg] COMEX Gold Trust 
pursuant to NYSE Arca Equities Rule 8.201).
    \9\ See Securities Exchange Act Release No. 53253 (February 8, 
2006), 71 FR 8029 (February 15, 2006) (SR-PCX-2005-123) (approving 
generic listing standards for Currency Trust Shares and trading, on 
a UTP basis, of the Euro Currency Trust pursuant to NYSE Arca 
Equities Rule 8.202).
    \10\ See Securities Exchange Act Release No. 54025 (June 21, 
2006), 71 FR 36856 (June 28, 2006) (SR-NYSEArca-2006-12) (approving 
generic listing standards for Commodity Index Trust Shares and 
trading, on a UTP basis, of the iShares[supreg] GSCI Commodity 
Indexed Trust pursuant to NYSE Arca Equities Rule 8.203).
    \11\ See Securities Exchange Act Release No. 53875 (May 25, 
2006), 71 FR 32164 (June 2, 2006) (SR-NYSEArca-2006-11) (approving 
generic listing standards for Partnership Units and trading, on a 
UTP basis, of the United States Oil Fund, LP pursuant to NYSE Arca 
Equities Rule 8.300).
    \12\ See Securities Exchange Act Release No. 34-55033 (December 
29, 2006), 72 FR 1253 (January 10, 2007) (SR-NYSEArca-2006-75) 
(approving generic listing standards for Paired Trust Shares and 
trading, on a UTP basis, of the Claymore MACRO Tradeable Shares 
pursuant to NYSE Arca Equities Rule 8.400).
---------------------------------------------------------------------------

2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with Section 6(b) of the Act \13\ in general and furthers the 
objectives of Section 6(b)(5) of the Act \14\ in particular in that it 
is designed to prevent fraudulent and manipulative acts and practices, 
to promote just and equitable principles of trade, to foster 
cooperation and coordination with persons engaged in facilitating 
transactions in securities, and to remove impediments to and perfect 
the mechanism of a free and open market and a national market system.
---------------------------------------------------------------------------

    \13\ 15 U.S.C. 78f(b).
    \14\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

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.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    Written comments on the proposed rule change were neither solicited 
nor received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    Because the foregoing proposed rule change does not:
    (i) Significantly affect the protection of investors or the public 
interest;
    (ii) impose any significant burden on competition; and
    (iii) become operative for 30 days from the date on which it was 
filed, or such shorter time as the Commission may designate if 
consistent with the protection of investors and the public interest, it 
has become effective pursuant to Section 19(b)(3)(A) of the Act,\15\ 
and Rule 19b-4(f)(6) thereunder.\16\
---------------------------------------------------------------------------

    \15\ 15 U.S.C. 78s(b)(3)(A).
    \16\ 17 CFR 240.19b-4(f)(6). The Commission notes that the 
Exchange satisfied the five-day pre-filing notice requirement.
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the 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.

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 e-mail to rule-comments@sec.gov. Please include File 
Number SR-NYSEArca-2007-40 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 Number SR-NYSEArca-2007-40. 
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 Room. Copies of such 
filing will also 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-NYSEArca-2007-40 and should be submitted by or before 
June 13, 2007.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\17\
---------------------------------------------------------------------------

    \17\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

J. Lynn Taylor,
Assistant Secretary.
 [FR Doc. E7-9856 Filed 5-22-07; 8:45 am]
BILLING CODE 8010-01-P
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