Securities Exchange Act of 1934; Order Granting Registration of Rating and Investment Information, Inc., as a Nationally Recognized Statistical Rating Organization, 55259-55260 [E7-19173]
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Federal Register / Vol. 72, No. 188 / Friday, September 28, 2007 / Notices
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19169 Filed 9–27–07; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 56510]
Securities Exchange Act of 1934;
Order Granting Registration of Japan
Credit Rating Agency, LTD., as a
Nationally Recognized Statistical
Rating Organization
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
September 24, 2007.
[Release No. 34–56508]
Securities Exchange Act Of 1934;
Order Granting Registration Of DBRS
Limited As A Nationally Recognized
Statistical Rating Organization
September 24, 2007.
DBRS Limited, a credit rating agency,
furnished to the Securities and
Exchange Commission (‘‘Commission’’)
an application for registration as a
nationally recognized statistical rating
organization (‘‘NRSRO’’) under Section
15E of the Securities Exchange Act of
1934 (‘‘Exchange Act’’) for the classes of
credit ratings described in clauses (i)
through (v) of Section 3(a)(62)(B) of the
Exchange Act. The Commission finds
that the application furnished by DBRS
Limited is in the form required by
Exchange Act Section 15E, Exchange
Act Rule 17g-1 (17 CFR 240.17g-1), and
Form NRSRO (17 CFR 249b.300) and
contains the information described in
subparagraph (B) of Section 15E(a)(1) of
the Exchange Act.
Based on the application, the
Commission finds that the requirements
of Section 15E of the Exchange Act are
satisfied.
Accordingly, It is ordered, under
paragraph (a)(2)(A) of Section 15E of the
Exchange Act, that the registration of
DBRS Limited with the Commission as
an NRSRO under Section 15E of the
Exchange Act for the classes of credit
ratings described in clauses (i) through
(v) of Section 3(a)(62)(B) of the
Exchange Act is granted.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19170 Filed 9–27–07; 8:45 am]
jlentini on PROD1PC65 with NOTICES
BILLING CODE 8010–01–P
Japan Credit Rating Agency, Ltd., a
credit rating agency, furnished to the
Securities and Exchange Commission
(‘‘Commission’’) an application for
registration as a nationally recognized
statistical rating organization
(‘‘NRSRO’’) under Section 15E of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) for the classes of
credit ratings described in clauses (i)
through (v) of Section 3(a)(62)(B) of the
Exchange Act. The Commission finds
that the application furnished by Japan
Credit Rating Agency, Ltd. is in the form
required by Exchange Act Section 15E,
Exchange Act Rule 17g–1 (17 CFR
240.17g–1), and Form NRSRO (17 CFR
249b.300) and contains the information
described in subparagraph (B) of Section
15E(a)(1) of the Exchange Act.
Based on the application, the
Commission finds that the requirements
of Section 15E of the Exchange Act are
satisfied.
Accordingly, It is ordered, under
paragraph (a)(2)(A) of Section 15E of the
Exchange Act, that the registration of
Japan Credit Rating Agency, Ltd., with
the Commission as an NRSRO under
Section 15E of the Exchange Act for the
classes of credit ratings described in
clauses (i) through (v) of Section
3(a)(62)(B) of the Exchange Act is
granted.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19174 Filed 9–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 56511/September 24, 2007]
Securities Exchange Act of 1934;
Order Granting Registration of
Moody’s Investors Service, Inc. as a
Nationally Recognized Statistical
Rating Organization
Moody’s Investors Service, Inc., a
credit rating agency, furnished to the
Securities and Exchange Commission
(‘‘Commission’’) an application for
registration as a nationally recognized
statistical rating organization
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55259
(‘‘NRSRO’’) under Section 15E of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) for the classes of
credit ratings described in clauses (i)
through (v) of Section 3(a)(62)(B) of the
Exchange Act. The Commission finds
that the application furnished by
Moody’s Investors Service, Inc. is in the
form required by Exchange Act Section
15E, Exchange Act Rule 17g–1 (17 CFR
240.17g–1), and Form NRSRO (17 CFR
249b.300) and contains the information
described in subparagraph (B) of Section
15E(a)(1) of the Exchange Act.
Based on the application, the
Commission finds that the requirements
of Section 15E of the Exchange Act are
satisfied.
Accordingly,
It is ordered, under paragraph
(a)(2)(A) of Section 15E of the Exchange
Act, that the registration of Moody’s
Investors Service, Inc. with the
Commission as an NRSRO under
Section 15E of the Exchange Act for the
classes of credit ratings described in
clauses (i) through (v) of Section
3(a)(62)(B) of the Exchange Act is
granted.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19172 Filed 9–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 56512]
Securities Exchange Act of 1934;
Order Granting Registration of Rating
and Investment Information, Inc., as a
Nationally Recognized Statistical
Rating Organization
September 24, 2007.
Rating and Investment Information,
Inc., a credit rating agency, furnished to
the Securities and Exchange
Commission (‘‘Commission’’) an
application for registration as a
nationally recognized statistical rating
organization (‘‘NRSRO’’) under Section
15E of the Securities Exchange Act of
1934 (‘‘Exchange Act’’) for the classes of
credit ratings described in clauses (i)
through (v) of Section 3(a)(62)(B) of the
Exchange Act. The Commission finds
that the application furnished by Rating
and Investment Information, Inc. is in
the form required by Exchange Act
Section 15E, Exchange Act Rule 17g–1
(17 CFR 240.17g–1), and Form NRSRO
(17 CFR 249b.300) and contains the
information described in subparagraph
(B) of Section 15E(a)(1) of the Exchange
Act.
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28SEN1
55260
Federal Register / Vol. 72, No. 188 / Friday, September 28, 2007 / Notices
Based on the application, the
Commission finds that the requirements
of Section 15E of the Exchange Act are
satisfied.
Accordingly, It is ordered, under
paragraph (a)(2)(A) of Section 15E of the
Exchange Act, that the registration of
Rating and Investment Information, Inc.,
with the Commission as an NRSRO
under Section 15E of the Exchange Act
for the classes of credit ratings described
in clauses (i) through (v) of Section
3(a)(62)(B) of the Exchange Act is
granted.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19175 Filed 9–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56498; File No. SR–Amex–
2007–103]
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7–19173 Filed 9–27–07; 8:45 am]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change Relating To
Quoting Obligations in Long Term
Options
BILLING CODE 8010–01–P
September 21, 2007.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56513/September 24, 2007]
jlentini on PROD1PC65 with NOTICES
Securities Exchange Act of 1934;
Order Granting Registration of
Standard & Poor’s Ratings Services as
a Nationally Recognized Statistical
Rating Organization
Standard & Poor’s Ratings Services, a
credit rating agency, furnished to the
Securities and Exchange Commission
(‘‘Commission’’) an application for
registration as a nationally recognized
statistical rating organization
(‘‘NRSRO’’) under Section 15E of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) for the classes of
credit ratings described in clauses (i)
through (v) of Section 3(a)(62)(B) of the
Exchange Act. The Commission finds
that the application furnished by
Standard & Poor’s Ratings Services is in
the form required by Exchange Act
Section 15E, Exchange Act Rule 17g–1
(17 CFR 240.17g–1), and Form NRSRO
(17 CFR 249b.300) and contains the
information described in subparagraph
(B) of Section 15E(a)(1) of the Exchange
Act.
Based on the application, the
Commission finds that the requirements
of Section 15E of the Exchange Act are
satisfied.
Accordingly,
It is ordered, under paragraph
(a)(2)(A) of Section 15E of the Exchange
Act, that the registration of Standard &
Poor’s Ratings Services with the
Commission as an NRSRO under
Section 15E of the Exchange Act for the
classes of credit ratings described in
clauses (i) through (v) of Section
3(a)(62)(B) of the Exchange Act is
granted.
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17:12 Sep 27, 2007
Jkt 211001
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
September 17, 2007, the American Stock
Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been substantially prepared by the
Amex. The Exchange filed 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.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Amex proposes to limit the
expirations that are included in a
Registered Options Trader’s (‘‘ROTs’’),
Supplemental Registered Options
Trader’s (‘‘SROTs’’), and Remote
Registered Options Trader’s (‘‘RROTs’’)
minimum quoting requirements.
The text of the proposed rule change
is available at the Amex, the
Commission’s Public Reference Room,
and https://www.amex.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
Amex included statements concerning
the purpose of, and basis for, the
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
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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 Amex 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
Amex Rule 958–ANTE sets forth an
ROT’s list of obligations, including the
maintenance of minimum quoting
requirements. As part of its quote
mitigation procedures, the Exchange is
proposing to exclude options with a
series of more than nine months until
expiration from an ROT’s, SROT’s, and
RROT’s minimum quoting
requirements. The Exchange believes
that this amendment will reduce market
data traffic because ROTs, SROTs and
RROTs will no longer be required to
comply with the minimum quoting
requirements in the less actively traded
series (far out months, etc.).
Amex Rule 958–ANTE (h)(iii)
provides that any ROT who transacts
more than 20% of their contract volume
in an assigned option class
electronically and not through open
outcry, measured over a calendar
quarter, shall, commencing the next
calendar quarter, be obligated to
maintain continuous two-sided
quotations for at least ten contracts in a
certain percentage of series in that
option class. The percentage of series an
ROT is obligated to quote varies
depending on the amount of contract
volume executed electronically on the
Exchange in that option class. The
Exchange has established for each
option class the percentage of series that
must be continuously quoted by those
ROTs based upon the Exchange’s
percentage of electronic contract
volume.5
Amex Rules 993–ANTE and 994–
ANTE provide that SROTs and RROTs
must provide continuous electronic
two-sided quotations in accordance
with the parameters set forth in Amex
Rule 958–ANTE (c) in at least 60% of
the series of their assigned classes.
To reduce the number of quotations
submitted by ROTs, SROTs and RROTs,
the Exchange is proposing to exclude
options with a series of more than nine
months until expiration, which are
known as LEAPS (Long-term Equity
Anticipation Securities), from an ROT’s,
5 See
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Amex Rule 958–ANTE (h)(iii).
28SEN1
]]>Agencies
[Federal Register Volume 72, Number 188 (Friday, September 28, 2007)]
[Notices]
[Pages 55259-55260]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-19173]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 56512]
Securities Exchange Act of 1934; Order Granting Registration of
Rating and Investment Information, Inc., as a Nationally Recognized
Statistical Rating Organization
September 24, 2007.
Rating and Investment Information, Inc., a credit rating agency,
furnished to the Securities and Exchange Commission (``Commission'') an
application for registration as a nationally recognized statistical
rating organization (``NRSRO'') under Section 15E of the Securities
Exchange Act of 1934 (``Exchange Act'') for the classes of credit
ratings described in clauses (i) through (v) of Section 3(a)(62)(B) of
the Exchange Act. The Commission finds that the application furnished
by Rating and Investment Information, Inc. is in the form required by
Exchange Act Section 15E, Exchange Act Rule 17g-1 (17 CFR 240.17g-1),
and Form NRSRO (17 CFR 249b.300) and contains the information described
in subparagraph (B) of Section 15E(a)(1) of the Exchange Act.
[[Page 55260]]
Based on the application, the Commission finds that the
requirements of Section 15E of the Exchange Act are satisfied.
Accordingly, It is ordered, under paragraph (a)(2)(A) of Section
15E of the Exchange Act, that the registration of Rating and Investment
Information, Inc., with the Commission as an NRSRO under Section 15E of
the Exchange Act for the classes of credit ratings described in clauses
(i) through (v) of Section 3(a)(62)(B) of the Exchange Act is granted.
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. E7-19173 Filed 9-27-07; 8:45 am]
BILLING CODE 8010-01-P
