Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing of Proposed Rule Change To Increase the Annual Listing Fees for Certain Stock Issues of Listed Companies, 58691-58693 [E7-20362]
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Federal Register / Vol. 72, No. 199 / Tuesday, October 16, 2007 / Notices
a national securities exchange 14 and, in
particular, the requirements of Section 6
of the Act.15 Specifically, the
Commission finds that the proposed
rule change is consistent with Section
Electronic Comments
6(b)(5) of the Act,16 which requires,
among other things, that the rules of a
• Use the Commission’s Internet
national securities exchange be
comment form (https://www.sec.gov/
designed to promote just and equitable
rules/sro.shtml ); or
principles of trade, to foster cooperation
• Send e-mail to ruleand coordination with persons engaged
comments@sec.gov. Please include File
in regulating, clearing, settling,
Number SR–Amex–2007–87 on the
processing information with respect to,
subject line.
and facilitating transactions in
Paper Comments
securities, to remove impediments to
and perfect the mechanism of a free and
• Send paper comments in triplicate
open market and a national market
to Nancy M. Morris, Secretary,
system, and, in general, to protect
Securities and Exchange Commission,
investors and the public interest.
100 F Street, NE., Washington, DC,
20549–1090.
The Commission believes that this
proposal should benefit investors by
All submissions should refer to File
providing an exception to the minimum
Number SR–Amex–2007–87. This file
public distribution requirements for
number should be included on the
subject line if e-mail is used. To help the Section 107 Securities with a weekly
redemption right. The Commission
Commission process and review your
believes that the market price of Section
comments more efficiently, please use
only one method. The Commission will 107 Securities with a weekly
post all comments on the Commission’s redemption right should exhibit a strong
correlation to the performance of the
Internet Web site (https://www.sec.gov/
relevant underlying index or asset, since
rules/sro.shtml ). Copies of the
holders of such securities will be
submission, all subsequent
unlikely to sell them for less than their
amendments, all written statements
redemption value if they have a weekly
with respect to the proposed rule
right to be redeemed for their full value.
change that are filed with the
The Commission believes that this
Commission, and all written
exception is reasonable and should
communications relating to the
allow for the listing and trading of
proposed rule change between the
Commission and any person, other than certain Section 107 Securities that
would otherwise not be able to be listed
those that may be withheld from the
and traded on the Exchange.
public in accordance with the
provisions of 5 U.S.C. 552, will be
The Commission finds good cause for
available for inspection and copying in
approving the proposed rule change
the Commission’s Public Reference
prior to the 30th day after the date of
Room, 100 F Street, NE., Washington,
publication of the notice of filing thereof
DC 20549, on official business days
in the Federal Register. The
between the hours of 10 a.m. and 3 p.m. Commission does not believe that the
Copies of such filing also will be
Exchange’s proposal raises any novel
available for inspection and copying at
regulatory issues.17 In addition, the
the principal office of the Exchange. All Commission believes that accelerating
comments received will be posted
approval of this proposal should benefit
without change; the Commission does
investors by creating, without undue
not edit personal identifying
delay, additional competition in the
information from submissions. You
market for Section 107 securities.
should submit only information that
Therefore the Commission finds good
you wish to make available publicly. All
cause, consistent with Section 19(b)(2)
submissions should refer to File number
of the Act,18 to approve the proposed
SR–Amex–2007–87 and should be
rule change on an accelerated basis.
submitted by November 6, 2007.
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
mmaher on PROD1PC70 with NOTICES
IV. Commission’s Findings and Order
Granting Accelerated Approval of the
Proposed Rule Change
After careful consideration, the
Commission finds that the proposed
rule change is consistent with the
requirements of the Act and the rules
and regulations thereunder applicable to
VerDate Aug<31>2005
04:12 Oct 16, 2007
Jkt 214001
14 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. 15 U.S.C. 78c(f).
15 15 U.S.C. 78f.
16 15 U.S.C. 78f(b)(5).
17 See Securities Exchange Act Release No. 56271
(August 16, 2007), 72 FR 47107 (August 22, 2007)
(SR–NYSE–2007–74).
18 15 U.S.C. 78s(b)(2).
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
58691
V. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,19 that the
proposed rule change, as amended (SR–
Amex–2007–87), be, and it hereby is,
approved on an accelerated basis.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.20
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–20359 Filed 10–15–07; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56636; File No. SR–Amex–
2007–108]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing of Proposed Rule Change To
Increase the Annual Listing Fees for
Certain Stock Issues of Listed
Companies
October 10, 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 October
3, 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, II, and III below, which Items
have been substantially prepared by
Amex. 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 Exchange proposes to amend
Section 141 of the Amex Company
Guide to increase the annual listing fees
for certain stock issues of listed
companies. The text of the proposed
rule change is available at https://
www.amex.com, the Exchange’s
principal office, and the Commission’s
Public Reference Room.
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,
19 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
20 17
E:\FR\FM\16OCN1.SGM
16OCN1
58692
Federal Register / Vol. 72, No. 199 / Tuesday, October 16, 2007 / Notices
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
mmaher on PROD1PC70 with NOTICES
1. Purpose
Amex proposes to amend Section 141
of the Company Guide to increase the
annual listing fees for certain stock
issues of listed companies. The
Exchange believes it is appropriate to
increase these fees to cover the costs for
maintaining its current programs and
also to better align the Exchange’s
annual listing fees with those of the
Nasdaq Capital Market.
The Amex marketplace most closely
resembles the Nasdaq Capital Market in
terms of listing standards and
demographics of listed companies, i.e.
similar market capitalizations, trading
volumes, and stage of development. On
April 18, 2007, the Commission adopted
an amendment to Rule 146(b) of the
Securities Act of 1933 (‘‘1933 Act’’), to
designate securities listed or authorized
for listing on the Nasdaq Capital Market
as ‘‘covered securities’’ under Section
18 of the 1933 Act.3 Covered securities
under Section 18 of the 1933 Act are
exempt from state law registration
requirements (‘‘Blue Sky Laws’’). Such
an exemption from Blue Sky Laws,
which companies listed on Amex have
long enjoyed, further renders the
Nasdaq Capital Market even more
similar to the Amex marketplace. While
the Nasdaq Capital Market is
substantially similar to the Amex equity
marketplace, the Exchange believes that
certain services—such as associated
service offerings, the AMEX IR Alliance,
and the AMEX online targeting tool—
are provided free of charge to listed
companies at Amex, while similar
services provided by the Nasdaq Capital
Market are subject to fees.
Annual Listing Fee
The annual fees set forth in Section
141 of the Amex Company Guide, as
depicted in the chart below, currently
range from $16,500 to $34,000
depending on the number of shares
outstanding. In contrast, the Nasdaq
Capital Market charges a flat fee of
04:12 Oct 16, 2007
Jkt 214001
Number of shares
5,000,000 shares or less ..........
5,000,001 to 10,000,000 shares
10,000,001 to 25,000,000
shares ...................................
25,000,001 to 50,000,000
shares ...................................
50,000,001 to 75,000,000
shares ...................................
In excess of 75,000,000 shares
Written comments on the proposed
rule change were neither solicited nor
$16,500.00 received.
19,000.00 III. Date of Effectiveness of the
Proposed Rule Change and Timing for
21,500.00
Commission Action
24,500.00
32,500.00
34,000.00
This proposal seeks to amend the
annual listing fees set forth in Section
141 of the Amex Company Guide as
follows:
Number of shares
Fee
50,000,000 shares or less ........
50,000,001 to 75,000,000
shares ...................................
In excess of 75,000,000 shares
$27,500.00
32,500.00
34,000.00
In effect, the Exchange through this
proposal would raise annual listing fees
only for those outstanding stock issues
of 50 million shares or less.
The Exchange believes that the
proposed rule change is an equitable
allocation of annual listings fees for
equity issues consistent with Section
6(b)(4) of the Act.4 The Exchange further
submits that the proposed increases in
the annual listing fees for stock issues
of 50 million shares or less are
appropriate for the purpose of
generating revenue to fund Exchange
operations and to better align its fees
with those of the Nasdaq Capital
Market.
2. Statutory Basis
The proposed rule change is
consistent with Section 6(b) of the Act 5
in general, and furthers the objectives of
Sections 6(b)(4) of the Act 6 in
particular, in that the proposed rule
change provides for the equitable
allocation of reasonable dues, fees, and
other charges among members and
issuers and other persons using the
Exchange’s facilities.
The Exchange 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.
4 15
U.S.C. 78f(b).
U.S.C. 78f(b).
6 15 U.S.C. 78f(b)(4).
5 15
PO 00000
Frm 00062
Fmt 4703
Sfmt 4703
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Fee
B. Self-Regulatory Organization’s
Statement on Burden on Competition
3 See Securities Exchange Act Release No. 33–
8791 (April 18, 2007), 72 FR 20410 (April 24, 2007)
(S7–18–06).
VerDate Aug<31>2005
$27,500 across all levels of shares
outstanding. The Exchange’s current
annual listing fees for stock issues are
set forth below:
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 Exchange 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–Amex–2007–108 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–Amex–2007–108. 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
E:\FR\FM\16OCN1.SGM
16OCN1
Federal Register / Vol. 72, No. 199 / Tuesday, October 16, 2007 / Notices
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
should submit only information that
you wish to make available publicly. All
submissions should refer to File
Number SR–Amex–2007–108 and
should be submitted on or before
November 6, 2007.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.7
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–20362 Filed 10–15–07; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56635; File No. SR–Amex–
2007–56]
Self-Regulatory Organizations;
American Stock Exchange LLC; Notice
of Filing of Proposed Rule Change
Relating to Resolving Uncompared
Transactions
October 10, 2007.
mmaher on PROD1PC70 with NOTICES
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 notice is hereby given that on
June 4, 2007, the American Stock
Exchange LLC (‘‘Amex’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) and on September 18,
2007, amended the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared primarily by Amex. 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
Amex proposes to amend Rule 724
(‘‘Agents to Resolve DKs’’) and the
corresponding Commentary to require
each member to designate a
representative away from the Amex’s
trading floor that is authorized to
7 17
1 15
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
VerDate Aug<31>2005
04:12 Oct 16, 2007
resolve uncompared transactions
(‘‘DKs’’) on the members’ behalf.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
Amex 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. 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 the
Statutory Basis for, the Proposed Rule
Change
Currently, Amex Rule 724 requires
each member that executes transactions
on Amex’s trading floor (‘‘Floor’’) to
designate another member on the Floor
to act for it in its absence to resolve
questions and to receive or sign DK
notices relating to transactions it
executes. Amex wishes to amend this
requirement in order to accommodate
members with limited resources and
members that can handle their own
DKs. Amex believes this proposal will
benefit associate members that access
Amex electronically and do not have the
requisite personnel on the Floor. Amex
states that it is not appropriate to
require such firms to rely on an
individual affiliated with another firm
for this purpose.
Specifically, this proposal would
make it optional for a Floor member to
designate another Floor member to act
on its behalf regarding DK notices but
would require each member to designate
a member firm, allied member,
registered representative, or any other
person required to be registered as a
broker-dealer under the Act that is
physically located away from the Floor
to act in this DK resolution capacity by
means of telephone, e-mail, or fax
submission.
Amex states that it believes that the
proposed rule change is consistent with
Section 6 of the Act 2 in general and
furthers the objectives of Section
6(b)(5) 3 in particular because the rule
change is designed to prevent
fraudulent and manipulative acts and
practices, promote just and equitable
principles of trade, foster cooperation
and coordination with persons engaged
in facilitating transactions in securities,
2 15
3 15
Jkt 214001
PO 00000
U.S.C. 78f.
U.S.C. 78f(b)(5).
Frm 00063
Fmt 4703
Sfmt 4703
58693
and remove impediments to and perfect
the mechanism of a free and open
market and a national market system.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Amex believes that the 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
Amex has not solicited or received
written comments with respect to the
proposed rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within thirty-five 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
ninety 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–Amex–2007–56 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–Amex–2007–56. 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
E:\FR\FM\16OCN1.SGM
16OCN1
]]>Agencies
[Federal Register Volume 72, Number 199 (Tuesday, October 16, 2007)]
[Notices]
[Pages 58691-58693]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-20362]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-56636; File No. SR-Amex-2007-108]
Self-Regulatory Organizations; American Stock Exchange LLC;
Notice of Filing of Proposed Rule Change To Increase the Annual Listing
Fees for Certain Stock Issues of Listed Companies
October 10, 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 October 3, 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, II,
and III below, which Items have been substantially prepared by Amex.
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.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to amend Section 141 of the Amex Company
Guide to increase the annual listing fees for certain stock issues of
listed companies. The text of the proposed rule change is available at
https://www.amex.com, the Exchange's principal office, and the
Commission's Public Reference Room.
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,
[[Page 58692]]
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
Amex proposes to amend Section 141 of the Company Guide to increase
the annual listing fees for certain stock issues of listed companies.
The Exchange believes it is appropriate to increase these fees to cover
the costs for maintaining its current programs and also to better align
the Exchange's annual listing fees with those of the Nasdaq Capital
Market.
The Amex marketplace most closely resembles the Nasdaq Capital
Market in terms of listing standards and demographics of listed
companies, i.e. similar market capitalizations, trading volumes, and
stage of development. On April 18, 2007, the Commission adopted an
amendment to Rule 146(b) of the Securities Act of 1933 (``1933 Act''),
to designate securities listed or authorized for listing on the Nasdaq
Capital Market as ``covered securities'' under Section 18 of the 1933
Act.\3\ Covered securities under Section 18 of the 1933 Act are exempt
from state law registration requirements (``Blue Sky Laws''). Such an
exemption from Blue Sky Laws, which companies listed on Amex have long
enjoyed, further renders the Nasdaq Capital Market even more similar to
the Amex marketplace. While the Nasdaq Capital Market is substantially
similar to the Amex equity marketplace, the Exchange believes that
certain services--such as associated service offerings, the AMEX IR
Alliance, and the AMEX online targeting tool--are provided free of
charge to listed companies at Amex, while similar services provided by
the Nasdaq Capital Market are subject to fees.
---------------------------------------------------------------------------
\3\ See Securities Exchange Act Release No. 33-8791 (April 18,
2007), 72 FR 20410 (April 24, 2007) (S7-18-06).
---------------------------------------------------------------------------
Annual Listing Fee
The annual fees set forth in Section 141 of the Amex Company Guide,
as depicted in the chart below, currently range from $16,500 to $34,000
depending on the number of shares outstanding. In contrast, the Nasdaq
Capital Market charges a flat fee of $27,500 across all levels of
shares outstanding. The Exchange's current annual listing fees for
stock issues are set forth below:
------------------------------------------------------------------------
Number of shares Fee
------------------------------------------------------------------------
5,000,000 shares or less................................... $16,500.00
5,000,001 to 10,000,000 shares............................. 19,000.00
10,000,001 to 25,000,000 shares............................ 21,500.00
25,000,001 to 50,000,000 shares............................ 24,500.00
50,000,001 to 75,000,000 shares............................ 32,500.00
In excess of 75,000,000 shares............................. 34,000.00
------------------------------------------------------------------------
This proposal seeks to amend the annual listing fees set forth in
Section 141 of the Amex Company Guide as follows:
------------------------------------------------------------------------
Number of shares Fee
------------------------------------------------------------------------
50,000,000 shares or less.................................. $27,500.00
50,000,001 to 75,000,000 shares............................ 32,500.00
In excess of 75,000,000 shares............................. 34,000.00
------------------------------------------------------------------------
In effect, the Exchange through this proposal would raise annual
listing fees only for those outstanding stock issues of 50 million
shares or less.
The Exchange believes that the proposed rule change is an equitable
allocation of annual listings fees for equity issues consistent with
Section 6(b)(4) of the Act.\4\ The Exchange further submits that the
proposed increases in the annual listing fees for stock issues of 50
million shares or less are appropriate for the purpose of generating
revenue to fund Exchange operations and to better align its fees with
those of the Nasdaq Capital Market.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
---------------------------------------------------------------------------
2. Statutory Basis
The proposed rule change is consistent with Section 6(b) of the Act
\5\ in general, and furthers the objectives of Sections 6(b)(4) of the
Act \6\ in particular, in that the proposed rule change provides for
the equitable allocation of reasonable dues, fees, and other charges
among members and issuers and other persons using the Exchange's
facilities.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78f(b).
\6\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange 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
Written comments on the proposed rule change were neither solicited
nor received.
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 Exchange 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-Amex-2007-108 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-Amex-2007-108. 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
[[Page 58693]]
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 should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-Amex-2007-108 and should be
submitted on or before November 6, 2007.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-20362 Filed 10-15-07; 8:45 am]
BILLING CODE 8011-01-P
