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]

Download as PDF 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 (http://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 (http://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 http:// 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 (http://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 (http://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 (http://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]


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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.
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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 
http://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).
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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 (http://
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 (http://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\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-20362 Filed 10-15-07; 8:45 am]
BILLING CODE 8011-01-P