In the Matter of China Expert Technology, Inc.; Order of Suspension of Trading, 56396 [07-4915]

Download as PDF 56396 Federal Register / Vol. 72, No. 191 / Wednesday, October 3, 2007 / Notices For the Commission, by the Division of Investment Management, pursuant to delegated authority. Florence E. Harmon, Deputy Secretary. [FR Doc. E7–19538 Filed 10–2–07; 8:45 am] Future Relief 1. Applicants seek to amend the Prior Order to modify the terms under which the Trust may offer Future Funds. The Prior Order is currently subject to a condition that does not permit relief for Future Funds unless applicants request and receive with respect to such Future Fund, either exemptive relief from the Commission or a no-action letter from the Division of Investment Management of the Commission. 2. The order would amend the Prior Order to delete this condition. Any Future Fund will: (a) Be advised by the Adviser, or an entity controlled by or under common control with the Adviser; (b) use an Underlying Index where the Underlying Index Provider is not an affiliated person, as defined in section 2(a)(3) of the Act, or an affiliated person of an affiliated person, of the Trust, a promoter, the Adviser, any SubAdviser, or the Distributor; and (c) comply with the terms and conditions of the Prior Order, as amended by the present application. 3. Applicants believe that the modification of the future relief available under the Prior Order would be consistent with sections 6(c) and 17(b) of the Act. Applicants believe that granting the requested relief will facilitate the timely creation of Future Funds and the commencement of secondary market trading of such Future Funds by removing the need to seek additional exemptive relief. Applicants submit that the terms and conditions of the Prior Order were appropriate for the Initial Funds and would remain appropriate for Future Funds. rwilkins on PROD1PC63 with NOTICES 4. Applicants state that the New Funds will operate in a manner identical to the Initial Funds that were the subject of the Prior Order, and be offered pursuant to the same terms and conditions of the Prior Order, except as modified by this application. No entity that creates, compiles, sponsors, or maintains an Underlying Index (the ‘‘Underlying Index Provider’’) is or will be an affiliated person, as defined in section 2(a)(3) of the Act, or an affiliated person of an affiliated person, of the Trust, a promoter, the Adviser, any SubAdviser, or the Distributor. Applicants believe that the requested relief continues to meet the necessary exemptive standards. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of China Expert Technology, Inc. (‘‘China Expert’’) because of questions regarding the adequacy and accuracy of publiclydisseminated information concerning, among other things, China Expert’s: (1) Financial performance and business prospects and (2) current financial condition. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted company is suspended for the period from 9:30 a.m. EDT, October 1, 2007 through 11:59 p.m. EDT, on October 12, 2007. Applicants’ Condition Applicants agree that any amended order granting the requested relief will be subject to the same conditions as those imposed by the Prior Order, except for condition 1 to the Prior Order, which will be deleted. VerDate Aug<31>2005 18:31 Oct 02, 2007 Jkt 211001 BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of China Expert Technology, Inc.; Order of Suspension of Trading October 1, 2007. By the Commission. Nancy M. Morris, Secretary. [FR Doc. 07–4915 Filed 10–1–07; 11:45 am] BILLING CODE 8011–01–P [File No. 500–1] In the Matter of ConnectAJet.com, Inc.; Order of Suspension of Trading October 1, 2007. It appears to the Securities and Exchange Commission that the market for the securities of ConnectAJet.com, Inc. (‘‘ConnectAJet’’) may be reacting to manipulative forces or deceptive practices and that there is a lack of current and accurate information about ConnectAJet upon which an informed investment decision can be made. It also appears that there may be inaccurate assertions by ConnectAJet in publicly- Frm 00066 Fmt 4703 By the Commission. J. Lynn Taylor, Assistant Secretary. [FR Doc. 07–4916 Filed 10–1–07; 11:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–56567; File No. SR–Amex– 2007–96] Self-Regulatory Organizations; American Stock Exchange LLC; Order Granting Accelerated Approval to a Proposed Rule Change, as Modified by Amendment No. 1, Relating to an Extension and Expansion of the Options Quoting Pilot Program September 27, 2007. I. Introduction SECURITIES AND EXCHANGE COMMISSION PO 00000 disseminated press releases and on ConnectAJet’s Web site about, among other things, the existence of the company’s partnerships and affiliations with aviation companies. ConnectAJet was quoted on the Pink Sheet under the ticker symbol CAJT. Recently, there have been advertisements in newspapers and on television, information mailers, spam emails and a blast fax touting the company’s shares. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted company is suspended for the period from 9:30 a.m. EDT, October 1, 2007 through 11:59 p.m. EDT, on October 12, 2007. Sfmt 4703 On August 21, 2007, the American Stock Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 a proposed rule change to extend and expand a pilot program to quote certain options in smaller increments (‘‘Pilot Program’’ or ‘‘Pilot’’). The proposed rule change was published for comment in the Federal Register on August 29, 2007.3 The Commission received one comment 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 56307 (August 22, 2007), 72 FR 49750 (‘‘Amex Notice’’). 2 17 E:\FR\FM\03OCN1.SGM 03OCN1

Agencies

[Federal Register Volume 72, Number 191 (Wednesday, October 3, 2007)]
[NO]
[Page 56396]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-4915]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of China Expert Technology, Inc.; Order of 
Suspension of Trading

October 1, 2007.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
China Expert Technology, Inc. (``China Expert'') because of questions 
regarding the adequacy and accuracy of publicly-disseminated 
information concerning, among other things, China Expert's: (1) 
Financial performance and business prospects and (2) current financial 
condition.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
company is suspended for the period from 9:30 a.m. EDT, October 1, 2007 
through 11:59 p.m. EDT, on October 12, 2007.

    By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. 07-4915 Filed 10-1-07; 11:45 am]
BILLING CODE 8011-01-P
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