Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing of a Proposed Rule Change and Amendment No. 1 Thereto Relating to Specific Performance Commitments for Primary Market Makers, 53612-53614 [E7-18389]
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53612
Federal Register / Vol. 72, No. 181 / Wednesday, September 19, 2007 / Notices
rwilkins on PROD1PC63 with NOTICES
or approximately 9.78% of HTGC’s
outstanding voting securities. As of July
31, 2007, the amount of voting securities
issued as Restricted Stock under the
Amended and Restated 2006 Plan and
that would result from the exercise of all
outstanding warrants and options issued
to directors, officers, and employees of
HTGC under the Original 2004 Plan and
the First Amended and Restated 2004
Plan would be 2,799,874 shares of
Common Stock, or approximately 8.66%
of HTGC’s outstanding voting securities.
Applicant’s Legal Analysis
1. Section 63(3) of the Act permits a
BDC to sell its common stock at a price
below current net asset value upon the
exercise of any option issued in
accordance with section 61(a)(3) of the
Act. Section 61(a)(3)(B) of the Act
provides, in pertinent part, that a BDC
may issue to its non-employee directors
options to purchase its voting securities
pursuant to an executive compensation
plan, provided that: (a) The options
expire by their terms within ten years;
(b) the exercise price of the options is
not less than the current market value
of the underlying securities at the date
of the issuance of the options, or if no
market exists, the current net asset value
of the voting securities; (c) the proposal
to issue the options is authorized by the
BDC’s shareholders, and is approved by
order of the Commission upon
application; (d) the options are not
transferable except for disposition by
gift, will or intestacy; (e) no investment
adviser of the BDC receives any
compensation described in section
205(a)(1) of the Investment Advisers Act
of 1940, except to the extent permitted
by clause (b)(1) or (b)(2) of that section;
and (f) the BDC does not have a profitsharing plan as described in section
57(n) of the Act.
2. In addition, section 61(a)(3) of the
Act provides that the amount of the
BDC’s voting securities that would
result from the exercise of all
outstanding warrants, options, and
rights at the time of issuance may not
exceed 25% of the BDC’s outstanding
voting securities, except that if the
amount of voting securities that would
result from the exercise of all
outstanding warrants, options, and
rights issued to the BDC’s directors,
officers, and employees pursuant to an
executive compensation plan would
exceed 15% of the BDC’s outstanding
voting securities, then the total amount
of voting securities that would result
from the exercise of all outstanding
warrants, options, and rights at the time
of issuance will not exceed 20% of the
outstanding voting securities of the
BDC.
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3. HTGC represents that the proposal
to issue options to Non-employee
Directors under the Amended and
Restated 2006 Plan meets all of the
requirements of section 61(a)(3) of the
Act. HTGC states that the Board,
including the Non-employee Directors,
actively oversees HTGC’s affairs and
HTGC relies on the judgment and
experience of the Board. HTGC states
that the Non-employee Directors
provide advice on financial and
operational issues, credit and
underwriting policies, asset valuation,
strategic direction, as well as serve on
various committees. HTGC states that
the professional experiences and
expertise of the Non-employee Directors
make them valuable resources for
management. HTGC states that the
options that will be granted to the Nonemployee Directors under the Amended
and Restated 2006 Plan will provide
significant incentives to the Nonemployee Directors to remain on the
Board and to devote their best efforts to
the success of HTGC’s business and the
enhancement of stockholder value.
HTGC states that the options granted
under the Amended and Restated 2006
Plan will provide a means for the Nonemployee Directors to increase their
ownership interests in HTGC, thereby
ensuring close identification of their
interests with those of HTGC and its
stockholders. HTGC asserts that by
providing incentives in the form of
options under the Amended and
Restated 2006 Plan, HTGC would be
better able to retain and attract qualified
persons to serve as Non-employee
Directors.
4. HTGC submits that the proposal to
issue options to Non-employee Directors
to purchase Common Stock under the
Amended and Restated 2006 Plan is fair
and reasonable and does not involve
overreaching of HTGC or its
stockholders. HTGC states that the
amount of voting securities issued as
Restricted Stock under the Amended
and Restated 2006 Plan and that would
result from the exercise of all
outstanding options and warrants issued
to directors, officers and employees of
HTGC under the Original 2004 Plan and
the First Amended and Restated 2004
Plan would be 2,799,874 shares of
Common Stock, or approximately 8.66%
of HTGC’s outstanding voting securities
as of July 31, 2007, which is below the
percentage limitations in the Act. In
light of the above, HTGC asserts that the
granting of options pursuant to the
Amended and Restated 2006 Plan will
not have a substantial dilutive effect on
the net asset value of Common Stock.
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For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–18388 Filed 9–18–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56375A; File No. SR–
NASD–2004–183]
Self-Regulatory Organizations;
National Association of Securities
Dealers, Inc. (n/k/a Financial Industry
Regulatory Authority, Inc.); Notice of
Filing of Amendment Nos. 3 and 4 and
Order Granting Accelerated Approval
of the Proposed Rule, as Amended,
Related to Sales Practice Standards
and Supervisory Requirements for
Transactions in Variable Annuities
September 14, 2007.
Correction
In FR Document No. E7–18022,
beginning on page 52403 for Thursday,
September 13, 2007, at the third column
of page 52410, first full paragraph,
beginning on line 24, revise ‘‘120 days’’
to read ‘‘180 days’’.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–18415 Filed 9–18–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56383; File No. SR–ISE–
2007–61]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing of a Proposed
Rule Change and Amendment No. 1
Thereto Relating to Specific
Performance Commitments for Primary
Market Makers
September 11, 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 July 17,
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. On September 10, 2007, ISE
1 15
2 17
E:\FR\FM\19SEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
19SEN1
Federal Register / Vol. 72, No. 181 / Wednesday, September 19, 2007 / Notices
filed Amendment No. 1 to the proposed
rule change. 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
ISE is proposing to amend its rule
regarding specific performance
commitments for the Exchange’s
Primary Market Makers (‘‘PMM’’). The
text of the proposed rule change is
available at the Commission’s Public
Reference Room, at the Exchange, and at
https://www.ise.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. 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
rwilkins on PROD1PC63 with NOTICES
1. Purpose
The Exchange is proposing to amend
its rule regarding performance
commitments for the Exchange’s PMMs.
Specifically, the Exchange is proposing
to amend its Rule 802(b)(2), which
currently requires PMMs to submit
specific performance commitments
when requesting an allocation of
options on indices, foreign currency
options and Fund Shares (collectively,
‘‘Index-Based Products’’). The initial
rationale behind adopting commitments
was to require a stronger commitment
for certain competitive products like
exchange-traded funds and indices and
to assist the Exchange’s Allocation
Committee when choosing between
PMMs seeking the same product. With
the recent proliferation of ETFs and
indices in the marketplace, and as ISE’s
practice under this rule has developed,
the Exchange believes that the rule is
overly broad and a deterrent to these
products being allocated effectively. For
example, if a certain Index-Based
Product is of interest to a single PMM,
a performance commitment has no
effect because the PMM is not in
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16:58 Sep 18, 2007
Jkt 211001
competition with another PMM. As a
consequence of the rule, PMMs are
sometimes submitting the broadest
commitments allowed, contrary to the
intent of the rule. Further, this
requirement could discourage some
PMMs from seeking allocations
altogether if they are expected to
maintain additional performance
commitments. The Exchange notes that
none of the other options exchanges
have a similar requirement. ISE
therefore proposes to amend the rule so
that specific performance commitments
need only be submitted upon a request
by the Exchange, thereby eliminating
their submission as a uniform
requirement.3
2. Statutory Basis
The basis under the Act for this
proposed rule change is the requirement
under Section 6(b)(5) 4 that an exchange
have rules that are designed to prevent
fraudulent and manipulative acts and
practices, to promote just and equitable
principles of trade, to remove
impediments to and perfect the
mechanism for a free and open market
and a national market system, and, in
general, to protect investors and the
public interest. The Exchange believes
the proposed rule change will
strengthen the effectiveness of an
existing rule and allow PMMs to seek
allocations of more products on the
Exchange, thus fostering competition for
the benefit of investors.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
This proposed rule change does not
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
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposed rule change. The
Exchange has not received any
unsolicited written comments from
members or other interested parties.
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
3 ISE notes that relaxing the requirement
proposed in this filing does not affect a PMM’s
other obligations as a market maker on the
Exchange under Chapter 8 of the Exchange Rules.
4 15 U.S.C. 78f(b)(5).
PO 00000
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Fmt 4703
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53613
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:
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–ISE–2007–61 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–ISE–2007–61. 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 a.m. and 3 p.m.
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
E:\FR\FM\19SEN1.SGM
19SEN1
53614
Federal Register / Vol. 72, No. 181 / Wednesday, September 19, 2007 / Notices
should submit only information that
you wish to make available publicly. All
submissions should refer to File
Number SR–ISE–2007–61 and should be
submitted on or before October 10,
2007.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.5
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–18389 Filed 9–18–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Self-Regulatory Organizations; the
NASDAQ Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Regarding
Fees for the VTE Terminal
September 12, 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
30, 2007, The NASDAQ Stock Market
LLC (‘‘Nasdaq’’) 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 Nasdaq.
Nasdaq has filed the proposal pursuant
to Section 19(b)(3)(A) 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
rwilkins on PROD1PC63 with NOTICES
Nasdaq proposes to modify the
pricing for its members using the VTE
terminal to connect to the Nasdaq
Market Center and to make other
clarifying changes to the relevant rule
text. Nasdaq proposes to implement the
proposed rule change on October 1,
2007. The text of the proposed rule
change is available at Nasdaq, the
Commission’s Public Reference Room,
and www.nasdaq.com.
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)(2).
1 15
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16:58 Sep 18, 2007
Jkt 211001
In its filing with the Commission,
Nasdaq 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. Nasdaq 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
[Release No. 34–56390; File No. SR–
NASDAQ–2007–075]
5 17
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of this filing is to modify
fees for Nasdaq members using the VTE
terminal (formerly the INET terminal),
to move the rule text under existing
Rule 7034 to Rule 7015, and to make
other clarifying changes to the relevant
rule text.
The VTE terminal is a former INET
protocol that is used by Nasdaq
members to connect to, and enter orders
in, The Nasdaq Market Center. Since
Nasdaq acquired INET, VTE users have
paid a $50 monthly fee for access to the
terminal via an Internet connection
(which is optional) and a $50 monthly
minimum commission fee for users
executing orders totaling less than
100,000 shares per month. In addition,
VTE users pay the exchanges directly
for data feeds and services provided by
Nasdaq and other exchanges or market
centers through VTE at the Commissionapproved rate that they would pay to
receive the data feeds through other
means. The data feeds provide
information that is necessary for users to
enter orders through VTE.
Nasdaq is increasing the monthly fee
for accessing the VTE terminal through
the Internet from $50 to $100 per month
per user. In addition, Nasdaq is
increasing the monthly minimum
commission fee for users executing
orders totaling less that 100,000 shares
per month from $50 to $100 per month
per user. Users will continue to be
charged directly for Nasdaq and nonNasdaq data feeds and services at
Commission-approved rates by the
exchange or market center providing the
service.
Based on Nasdaq’s operation of the
VTE since it was acquired from INET,
Nasdaq believes that the pricing changes
are warranted in order to appropriately
balance the demand for the product
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Sfmt 4703
with increasing platform, overhead, and
technology infrastructure costs.
The proposed rule change also moves
the text of Rule 7034 to Rule 7015
‘‘Access Services’’ to further consolidate
access services fees in one rule, removes
references to access alternatives no
longer in use (dedicated FIX server and
Brut Workstation), and updates the rule
language by replacing references to
‘‘INET Terminal’’ with the term ‘‘VTE
Terminal’’ to reflect the new name of
this protocol after Nasdaq system
integration.
In addition, the proposed rule change
also eliminates from the rule text
references to INET and the locations of
data centers (because the relevant fees
do not vary based on data center
location) and INET, and eliminates the
reference to and pricing for Instinet
Portal (a product now available from
INET’s former owner, Instinet, which
INET was supporting on a transitional
basis).
2. Statutory Basis
Nasdaq believes that the proposed
rule change is consistent with the
provisions of Section 6 of the Act,5 in
general, and with Section 6(b)(4) of the
Act,6 in particular, in that the proposal
provides for the equitable allocation of
reasonable dues, fees, and other charges
among its members and issuers and
other persons using any facility or
system which Nasdaq operates or
controls. Nasdaq believes that the fees
are reasonably allocated among
members based on their usage of the
trading systems operated by Nasdaq,
and are generally consistent with fees
charged by other market centers for
comparable services.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Nasdaq does not believe that the
proposed rule change will result in 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 were neither
solicited nor received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act 7 and
5 15
U.S.C. 78f.
U.S.C. 78f(b)(4).
7 15 U.S.C. 78s(b)(3)(A)(ii).
6 15
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]]>Agencies
[Federal Register Volume 72, Number 181 (Wednesday, September 19, 2007)]
[Notices]
[Pages 53612-53614]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18389]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-56383; File No. SR-ISE-2007-61]
Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing of a Proposed Rule Change and Amendment No. 1
Thereto Relating to Specific Performance Commitments for Primary Market
Makers
September 11, 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 July 17, 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. On September 10, 2007, ISE
[[Page 53613]]
filed Amendment No. 1 to the proposed rule change. The Commission is
publishing this notice to solicit comments on the proposed rule change,
as amended, from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
ISE is proposing to amend its rule regarding specific performance
commitments for the Exchange's Primary Market Makers (``PMM''). The
text of the proposed rule change is available at the Commission's
Public Reference Room, at the Exchange, and at https://www.ise.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. 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 is proposing to amend its rule regarding performance
commitments for the Exchange's PMMs. Specifically, the Exchange is
proposing to amend its Rule 802(b)(2), which currently requires PMMs to
submit specific performance commitments when requesting an allocation
of options on indices, foreign currency options and Fund Shares
(collectively, ``Index-Based Products''). The initial rationale behind
adopting commitments was to require a stronger commitment for certain
competitive products like exchange-traded funds and indices and to
assist the Exchange's Allocation Committee when choosing between PMMs
seeking the same product. With the recent proliferation of ETFs and
indices in the marketplace, and as ISE's practice under this rule has
developed, the Exchange believes that the rule is overly broad and a
deterrent to these products being allocated effectively. For example,
if a certain Index-Based Product is of interest to a single PMM, a
performance commitment has no effect because the PMM is not in
competition with another PMM. As a consequence of the rule, PMMs are
sometimes submitting the broadest commitments allowed, contrary to the
intent of the rule. Further, this requirement could discourage some
PMMs from seeking allocations altogether if they are expected to
maintain additional performance commitments. The Exchange notes that
none of the other options exchanges have a similar requirement. ISE
therefore proposes to amend the rule so that specific performance
commitments need only be submitted upon a request by the Exchange,
thereby eliminating their submission as a uniform requirement.\3\
---------------------------------------------------------------------------
\3\ ISE notes that relaxing the requirement proposed in this
filing does not affect a PMM's other obligations as a market maker
on the Exchange under Chapter 8 of the Exchange Rules.
---------------------------------------------------------------------------
2. Statutory Basis
The basis under the Act for this proposed rule change is the
requirement under Section 6(b)(5) \4\ that an exchange have rules that
are designed to prevent fraudulent and manipulative acts and practices,
to promote just and equitable principles of trade, to remove
impediments to and perfect the mechanism for a free and open market and
a national market system, and, in general, to protect investors and the
public interest. The Exchange believes the proposed rule change will
strengthen the effectiveness of an existing rule and allow PMMs to seek
allocations of more products on the Exchange, thus fostering
competition for the benefit of investors.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
This proposed rule change does not 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
The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any unsolicited written comments from members or other interested
parties.
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:
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-ISE-2007-61 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-ISE-2007-61. 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
a.m. and 3 p.m. 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
[[Page 53614]]
should submit only information that you wish to make available
publicly. All submissions should refer to File Number SR-ISE-2007-61
and should be submitted on or before October 10, 2007.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\5\
---------------------------------------------------------------------------
\5\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-18389 Filed 9-18-07; 8:45 am]
BILLING CODE 8010-01-P
