Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend NASD Rules 4632C, 6130C and 6130, 50425-50426 [E7-17271]
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Federal Register / Vol. 72, No. 169 / Friday, August 31, 2007 / Notices
submissions should refer to File
Number SR–Amex–2007–48 and should
be submitted on or before September 21,
2007.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.8
Nancy M. Morris,
Secretary.
[FR Doc. E7–17354 Filed 8–30–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56321; File No. SR–FINRA–
2007–003]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend NASD Rules
4632C, 6130C and 6130
August 24, 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 August 3,
2007, the Financial Industry Regulatory
Authority, Inc. (‘‘FINRA’’) (f/k/a
National Association of Securities
Dealers, Inc. (‘‘NASD’’)) 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 FINRA.
FINRA has designated the proposal as a
‘‘non-controversial’’ proposed rule
change pursuant to Section 19(b)(3)(A)
of the Act 3 and Rule 19b–4(f)(6)
thereunder,4 which rendered 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.
sroberts on PROD1PC70 with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
FINRA proposes to amend NASD
Rules 4632C and 6130C relating to the
NASD/NSX Trade Reporting Facility
(the ‘‘NASD/NSX TRF’’) to reflect
certain changes in the facility’s
functionality and to conform, to the
extent practicable, to the trade reporting
rules relating to FINRA’s other Trade
8 17
CFR 200.30–3(a)(12).
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).
1 15
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00:43 Aug 31, 2007
Jkt 211001
Reporting Facilities (the ‘‘TRFs’’).5
FINRA also is proposing to amend
NASD Rule 6130(a) to clarify that the
NASD/Nasdaq Trade Reporting Facility
(the ‘‘NASD/Nasdaq TRF’’) and the OTC
Reporting Facility will compare and
submit to the National Securities
Clearing Corporation (‘‘NSCC’’) trades
reported as other than regular way
settlement.
The text of the proposed rule change
is available at the FINRA, the
Commission’s Public Reference Room,
and https://www.finra.org.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
FINRA 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. FINRA 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 TRFs,6 including the NASD/NSX
TRF, provide members mechanisms for
reporting trades in exchange-listed
securities executed otherwise than on
an exchange. Currently, the
functionality offered by the NASD/NSX
TRF differs from the functionality
offered by some of the other TRFs and,
as a result, the rules relating to the
NASD/NSX TRF differ from the rules
relating to the other TRFs. Specifically,
pursuant to NASD Rule 4632C(a)(8), the
NASD/NSX TRF does not accept trade
reports for Stop Stock Transactions (as
such term is defined in Rule 4200C),
transactions occurring at prices based
on average-weighting or other special
pricing formulae or transactions that
reflect a price different from the current
5 Effective July 30, 2007, FINRA was formed
through the consolidation of NASD and the member
regulatory functions of NYSE Regulation.
Accordingly, the NASD/NSX TRF is now doing
business as the FINRA/NSX TRF. The formal name
change of each TRF is pending and once completed,
FINRA will file a separate proposed rule change to
reflect those changes in the Manual.
6 In addition to the NASD/NSX TRF, there are
three other TRFs in operation: the NASD/Nasdaq
TRF, the NASD/BSE Trade Reporting Facility (the
‘‘NASD/BSE TRF’’) and the NASD/NYSE Trade
Reporting Facility (the ‘‘NASD/NYSE TRF’’). As
noted in footnote 5 above, the formal name change
of each TRF is pending.
PO 00000
Frm 00104
Fmt 4703
Sfmt 4703
50425
market when the execution price is
based on a prior reference point in time.
In addition, pursuant to NASD Rule
6130C(a), the NASD/NSX TRF does not
accept trades reported as other than
regular way settlement (i.e., Cash, Next
Day and Seller’s Option). Under the
current rules, members must use an
alternative electronic mechanism to
report these transactions to FINRA.
FINRA is proposing to expand the
NASD/NSX TRF’s functionality such
that members will be able to report the
above-described transactions to the
NASD/NSX TRF. FINRA is proposing to
amend NASD Rules 4632C and 6130C to
reflect this change in functionality and
conform, to the extent practicable, the
NASD/NSX TRF rules to the rules
relating to the other TRFs.
FINRA also is proposing to amend
NASD Rule 6130(a) to clarify that the
‘‘System’’ (defined in Rule 6110 to
include the NASD/Nasdaq TRF and the
OTC Reporting Facility) will compare
and submit to NSCC trades reported as
other than regular way settlement. This
amendment is consistent with current
practice and reflects recent changes in
the way that such trades are processed
by NSCC.7 Additionally, this
amendment conforms the text of NASD
Rule 6130(a) to the text of amended
NASD Rule 6130C(a), to the extent
practicable.8
FINRA has filed the proposed rule
change for immediate effectiveness.
FINRA will announce the operative date
of the proposed rule change on its Web
site, which date will be at least 30 days
after the date of filing.
2. Statutory Basis
FINRA believes that its proposal is
consistent with the provisions of
Section 15A(b)(6) of the Act,9 which
requires, among other things, that
FINRA rules be designed to prevent
fraudulent and manipulative acts and
practices, to promote just and equitable
principles of trade, and, in general, to
protect investors and the public interest.
FINRA believes that the proposed rule
change is in the public interest and
7 See Securities Exchange Release No. 54816
(November 27, 2006), 71 FR 69604 (December 1,
2006) (order approving SR–NSCC–2006–09).
8 The corresponding rules relating to the other
TRFs differ in this regard. NASD Rule 6130D(a)
provides that trades reported as other than regular
way settlement will not be accepted by the NASD/
BSE TRF. NASD Rule 6130E(a) provides that trades
reported as other than regular way settlement will
be accepted by the NASD/NYSE TRF, but will not
be submitted to clearing. The NASD/NYSE TRF will
not submit any trades (including regular way
settlement trades) to clearing; members must have
a Qualified Service Representative (‘‘QSR’’)
agreement or similar arrangement in place to clear
trades submitted to the NASD/NYSE TRF.
9 15 U.S.C. 78o–3(b)(6).
E:\FR\FM\31AUN1.SGM
31AUN1
50426
Federal Register / Vol. 72, No. 169 / Friday, August 31, 2007 / Notices
appropriate for the maintenance of fair
and orderly markets because it will
provide members another mechanism to
report the types of trades described
above with the necessary regulatory
information.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
FINRA 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
No written comments were either
solicited or received.
The proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 10 and Rule 19b–(f)(6)
thereunder,11 because the foregoing
proposed rule 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. FINRA believes that the
proposed rule change is appropriately
designated as a ‘‘non-controversial’’ rule
change because the proposal is
substantially similar to the trade
reporting requirements for the other
TRFs.12
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.13
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). Rule 19b–4(f)(6) also
requires the self-regulatory organization to give the
Commission notice of its intent to file the proposed
rule change, along with a brief description and text
of the proposed rule change, at least five business
days prior to the date of filing of the proposed rule
change, or such shorter time as designated by the
Commission. FINRA has satisfied the five-day prefiling requirement.
12 See, e.g., NASD Rules 4632 and 6130 (relating
to the NASD/Nasdaq TRF), 4632D and 6130D
(relating to the NASD/BSE TRF) and 4632E and
613E (relating to the NASD/NYSE TRF).
13 See 15 U.S.C. 78s(b)(3)(C).
sroberts on PROD1PC70 with NOTICES
11 17
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00:43 Aug 31, 2007
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
• 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
Number SR–FINRA–2007–003 on the
subject line.
Paper Comments
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
10 15
IV. Solicitation of 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–FINRA–2007–003. 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, 100 F Street, NE., Washington,
DC 20549, on official business days
between the hours of 10 am and 3 pm.
Copies of the filing also will be available
for inspection and copying at the
principal office of FINRA. 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–FINRA–
2007–003 and should be submitted on
or before September 21, 2007.
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.14
Nancy M. Morris,
Secretary.
[FR Doc. E7–17271 Filed 8–30–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56324; File No. SR–ISE–
2007–72]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of a Proposed Rule
Change, as Modified by Amendment
No. 1 Thereto, To List and Trade
Options on the iShares Emerging
Markets Index Fund for a Six Month
Pilot Program
August 27, 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 August
24, 2007, the International Securities
Exchange, LLC (the ‘‘Exchange’’ or the
‘‘ISE’’) 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 ISE.
On August 27, 2007, the Exchange filed
Amendment No. 1 to the proposed rule
change (‘‘Amendment No. 1’’). The
Exchange has filed the proposal
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, as amended, from interested
persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to list and
trade options on the iShares MSCI
Emerging Markets Index Fund for a six
month pilot period. ISE is not proposing
any changes to the rules of the
Exchange.
14 17
CFR 200.30–3(a)(12).
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).
1 15
E:\FR\FM\31AUN1.SGM
31AUN1
Agencies
[Federal Register Volume 72, Number 169 (Friday, August 31, 2007)]
[Notices]
[Pages 50425-50426]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-17271]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-56321; File No. SR-FINRA-2007-003]
Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; Notice of Filing and Immediate Effectiveness of
Proposed Rule Change To Amend NASD Rules 4632C, 6130C and 6130
August 24, 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 August 3, 2007, the Financial Industry Regulatory Authority, Inc.
(``FINRA'') (f/k/a National Association of Securities Dealers, Inc.
(``NASD'')) 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 FINRA.
FINRA has designated the proposal as a ``non-controversial'' proposed
rule change pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule
19b-4(f)(6) thereunder,\4\ which rendered 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
FINRA proposes to amend NASD Rules 4632C and 6130C relating to the
NASD/NSX Trade Reporting Facility (the ``NASD/NSX TRF'') to reflect
certain changes in the facility's functionality and to conform, to the
extent practicable, to the trade reporting rules relating to FINRA's
other Trade Reporting Facilities (the ``TRFs'').\5\ FINRA also is
proposing to amend NASD Rule 6130(a) to clarify that the NASD/Nasdaq
Trade Reporting Facility (the ``NASD/Nasdaq TRF'') and the OTC
Reporting Facility will compare and submit to the National Securities
Clearing Corporation (``NSCC'') trades reported as other than regular
way settlement.
---------------------------------------------------------------------------
\5\ Effective July 30, 2007, FINRA was formed through the
consolidation of NASD and the member regulatory functions of NYSE
Regulation. Accordingly, the NASD/NSX TRF is now doing business as
the FINRA/NSX TRF. The formal name change of each TRF is pending and
once completed, FINRA will file a separate proposed rule change to
reflect those changes in the Manual.
---------------------------------------------------------------------------
The text of the proposed rule change is available at the FINRA, the
Commission's Public Reference Room, and https://www.finra.org.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, FINRA 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. FINRA 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 TRFs,\6\ including the NASD/NSX TRF, provide members mechanisms
for reporting trades in exchange-listed securities executed otherwise
than on an exchange. Currently, the functionality offered by the NASD/
NSX TRF differs from the functionality offered by some of the other
TRFs and, as a result, the rules relating to the NASD/NSX TRF differ
from the rules relating to the other TRFs. Specifically, pursuant to
NASD Rule 4632C(a)(8), the NASD/NSX TRF does not accept trade reports
for Stop Stock Transactions (as such term is defined in Rule 4200C),
transactions occurring at prices based on average-weighting or other
special pricing formulae or transactions that reflect a price different
from the current market when the execution price is based on a prior
reference point in time. In addition, pursuant to NASD Rule 6130C(a),
the NASD/NSX TRF does not accept trades reported as other than regular
way settlement (i.e., Cash, Next Day and Seller's Option). Under the
current rules, members must use an alternative electronic mechanism to
report these transactions to FINRA.
---------------------------------------------------------------------------
\6\ In addition to the NASD/NSX TRF, there are three other TRFs
in operation: the NASD/Nasdaq TRF, the NASD/BSE Trade Reporting
Facility (the ``NASD/BSE TRF'') and the NASD/NYSE Trade Reporting
Facility (the ``NASD/NYSE TRF''). As noted in footnote 5 above, the
formal name change of each TRF is pending.
---------------------------------------------------------------------------
FINRA is proposing to expand the NASD/NSX TRF's functionality such
that members will be able to report the above-described transactions to
the NASD/NSX TRF. FINRA is proposing to amend NASD Rules 4632C and
6130C to reflect this change in functionality and conform, to the
extent practicable, the NASD/NSX TRF rules to the rules relating to the
other TRFs.
FINRA also is proposing to amend NASD Rule 6130(a) to clarify that
the ``System'' (defined in Rule 6110 to include the NASD/Nasdaq TRF and
the OTC Reporting Facility) will compare and submit to NSCC trades
reported as other than regular way settlement. This amendment is
consistent with current practice and reflects recent changes in the way
that such trades are processed by NSCC.\7\ Additionally, this amendment
conforms the text of NASD Rule 6130(a) to the text of amended NASD Rule
6130C(a), to the extent practicable.\8 \
---------------------------------------------------------------------------
\7\ See Securities Exchange Release No. 54816 (November 27,
2006), 71 FR 69604 (December 1, 2006) (order approving SR-NSCC-2006-
09).
\8\ The corresponding rules relating to the other TRFs differ in
this regard. NASD Rule 6130D(a) provides that trades reported as
other than regular way settlement will not be accepted by the NASD/
BSE TRF. NASD Rule 6130E(a) provides that trades reported as other
than regular way settlement will be accepted by the NASD/NYSE TRF,
but will not be submitted to clearing. The NASD/NYSE TRF will not
submit any trades (including regular way settlement trades) to
clearing; members must have a Qualified Service Representative
(``QSR'') agreement or similar arrangement in place to clear trades
submitted to the NASD/NYSE TRF.
---------------------------------------------------------------------------
FINRA has filed the proposed rule change for immediate
effectiveness. FINRA will announce the operative date of the proposed
rule change on its Web site, which date will be at least 30 days after
the date of filing.
2. Statutory Basis
FINRA believes that its proposal is consistent with the provisions
of Section 15A(b)(6) of the Act,\9\ which requires, among other things,
that FINRA rules be designed to prevent fraudulent and manipulative
acts and practices, to promote just and equitable principles of trade,
and, in general, to protect investors and the public interest. FINRA
believes that the proposed rule change is in the public interest and
[[Page 50426]]
appropriate for the maintenance of fair and orderly markets because it
will provide members another mechanism to report the types of trades
described above with the necessary regulatory information.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78o-3(b)(6).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
FINRA 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
No written comments were either solicited or received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The proposed rule change has become effective pursuant to Section
19(b)(3)(A) of the Act \10\ and Rule 19b-(f)(6) thereunder,\11 \because
the foregoing proposed rule 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. FINRA believes that the proposed rule change
is appropriately designated as a ``non-controversial'' rule change
because the proposal is substantially similar to the trade reporting
requirements for the other TRFs.\12\
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(3)(A).
\11\ 17 CFR 240.19b-4(f)(6). Rule 19b-4(f)(6) also requires the
self-regulatory organization to give the Commission notice of its
intent to file the proposed rule change, along with a brief
description and text of the proposed rule change, at least five
business days prior to the date of filing of the proposed rule
change, or such shorter time as designated by the Commission. FINRA
has satisfied the five-day pre-filing requirement.
\12\ See, e.g., NASD Rules 4632 and 6130 (relating to the NASD/
Nasdaq TRF), 4632D and 6130D (relating to the NASD/BSE TRF) and
4632E and 613E (relating to the NASD/NYSE TRF).
---------------------------------------------------------------------------
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.\13\
---------------------------------------------------------------------------
\13\ See 15 U.S.C. 78s(b)(3)(C).
---------------------------------------------------------------------------
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 Number SR-FINRA-2007-003 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-FINRA-2007-003. 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, 100 F Street,
NE., Washington, DC 20549, on official business days between the hours
of 10 am and 3 pm. Copies of the filing also will be available for
inspection and copying at the principal office of FINRA. 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-FINRA-2007-003 and should be
submitted on or before September 21, 2007.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\14\
---------------------------------------------------------------------------
\14\ 17 CFR 200.30-3(a)(12).
Nancy M. Morris,
Secretary.
[FR Doc. E7-17271 Filed 8-30-07; 8:45 am]
BILLING CODE 8010-01-P