Proposed Collection; Comment Request, 36530 [E7-12784]
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36530
Federal Register / Vol. 72, No. 127 / Tuesday, July 3, 2007 / Notices
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
[Release No. 34–55961; File No. SR–ISE–
2007–46]
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of a Proposed Rule
Change Relating to Fee Changes
Extension: Regulation S; OMB Control No.
3235–0357; SEC File No. 270–315.
June 26, 2007.
jlentini on PROD1PC65 with NOTICES
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’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Regulation S (17 CFR 230.901 through
230.905) includes rules governing offers
and sales of securities made outside the
United States without registration under
the Securities Act of 1933 (15 U.S.C. 77a
et seq.). The purpose of Regulation S is
to provide clarification of the extent to
which Section 5 of the Securities Act
applies to sales and re-sales of securities
outside of the United States. Regulation
S is assigned one burden hour for
administrative convenience.
Written comments are invited on: (a)
Whether this collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information will have
practical utility; (b) the accuracy of the
agency’s estimate of the burden imposed
by the collection of information; (c)
ways to enhance the quality, utility, and
clarity of the information collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to 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.
Dated: June 25, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–12784 Filed 7–2–07; 8:45 am]
BILLING CODE 8010–01–P
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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 June 12,
2007, the International Securities
Exchange, LLC (‘‘ISE’’ 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. ISE has designated this
proposal as one establishing or changing
a due, fee, or other charge imposed by
ISE under Section 19(b)(3)(A)(ii) of the
Act 3 and Rule 19b–4(f)(2) 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 ISE is proposing to amend its
Schedule of Fees to establish fees for
transactions in options on two Premium
Products.5 The text of the proposed rule
change is available at the Exchange, the
Commission’s Public Reference Room,
and https://www.iseoptions.com.
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 IV below. ISE
has substantially prepared summaries,
set forth in Sections A, B, and C below,
of the most significant aspects of such
statements.
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
5 ‘‘Premium Products’’ is defined in the Schedule
of Fees as the products enumerated therein.
PO 00000
1 15
2 17
Frm 00112
Fmt 4703
Sfmt 4703
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 its
Schedule of Fees to establish fees for
transactions in options on the following
two Premium Products: United States
Natural Gas Fund (‘‘UNG’’) and United
States Oil Fund (‘‘USO’’).6 The
Exchange represents that UNG and USO
are eligible for options trading because
they constitute ‘‘Fund Shares,’’ as
defined by ISE Rule 502(h).
All of the applicable fees covered by
this filing are identical to fees charged
by the Exchange for all other Premium
Products. Specifically, the Exchange is
proposing to adopt an execution fee and
a comparison fee for all transactions in
options on UNG and USO.7 The amount
of the execution fee and comparison fee
for products covered by this filing shall
be $0.15 and $0.03 per contract,
respectively, for all Public Customer
Orders 8 and Firm Proprietary orders.
The amount of the execution fee and
comparison fee for all ISE Market Maker
transactions shall be equal to the
execution fee and comparison fee
currently charged by the Exchange for
ISE Market Maker transactions in equity
options.9 Finally, the amount of the
execution fee and comparison fee for all
non-ISE Market Maker transactions shall
be $0.37 and $0.03 per contract,
respectively. Further, since options on
UNG and USO are multiply-listed, the
6 The United States Oil Fund, LP (‘‘USO’’) and the
United States Natural Gas Fund (‘‘UNG’’) are
distributed by ALPS Distributors, Inc. (‘‘ALPS’’),
administered by Brown Brothers Harriman & Co.
(‘‘BBH’’) and Victoria Bay Asset Management
(‘‘VBAM’’) is the General Partner. ALPS, BBH and
VBAM have not licensed or authorized ISE to (i)
engage in the creation, listing, provision of a market
for trading, marketing, and promotion of options on
USO and UNG or (ii) to use and refer to any of their
trademarks or service marks in connection with the
listing, provision of a market for trading, marketing,
and promotion of options on USO and UNG or with
making disclosures concerning options on USO and
UNG under any applicable federal or state laws,
rules or regulations. ALPS, BBH and VBAM do not
sponsor, endorse, or promote such activity by ISE,
and are not affiliated in any manner with ISE.
7 These fees will be charged to Exchange
members. Under a pilot program that is set to expire
on July 31, 2007, these fees will also be charged to
Linkage Orders (as defined in ISE Rule 1900). See
Securities Exchange Act Release No. 54204 (July 25,
2006), 71 FR 43548 (August 1, 2006) (SR–ISE–2006–
38).
8 ‘‘Public Customer Order’’ is defined in ISE Rule
100(a)(39) as an order for the account of a Public
Customer. ‘‘Public Customer’’ is defined in ISE Rule
100(a)(38) as a person that is not a broker or dealer
in securities.
9 The execution fee is currently between $.21 and
$.12 per contract side, depending on the Exchange
Average Daily Volume, and the comparison fee is
currently $.03 per contract side.
E:\FR\FM\03JYN1.SGM
03JYN1
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[Federal Register Volume 72, Number 127 (Tuesday, July 3, 2007)]
[Notices]
[Page 36530]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-12784]
[[Page 36530]]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549.
Extension: Regulation S; OMB Control No. 3235-0357; SEC File No.
270-315.
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'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Regulation S (17 CFR 230.901 through 230.905) includes rules
governing offers and sales of securities made outside the United States
without registration under the Securities Act of 1933 (15 U.S.C. 77a et
seq.). The purpose of Regulation S is to provide clarification of the
extent to which Section 5 of the Securities Act applies to sales and
re-sales of securities outside of the United States. Regulation S is
assigned one burden hour for administrative convenience.
Written comments are invited on: (a) Whether this collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information will have practical
utility; (b) the accuracy of the agency's estimate of the burden
imposed by the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information collected; and (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication.
Please direct your written comments to 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 e-mail to: PRA--Mailbox@sec.gov.
Dated: June 25, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-12784 Filed 7-2-07; 8:45 am]
BILLING CODE 8010-01-P
