Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Commentary .10 to Amex Rule 584 To Delete the Reference to the Weekly Bulletin, 72419-72421 [E7-24693]

Download as PDF Federal Register / Vol. 72, No. 244 / Thursday, December 20, 2007 / Notices Increasing the quality of the mail and mailers’ electronic mailing information by providing timely feedback to mailers through actionable mail quality reports; Allowing mailers additional flexibility in selecting the timeframe and location of mail entry; Improving the accuracy of the verification process through analysis of a larger percentage of mail pieces of a mailing; Introducing more accountability for all participants by basing verification results on mail processing data instead of clerk performed tests; Enhancing automation compatibility based on results from Postal Service mail processing equipment; Identifying and eliminating systemic problems in Postal Service mail handling and mailer preparation; Providing near real-time visibility for both mailers and the Postal Service; Decreasing cycle time and reduce costs across the mail supply chain; Increasing amount of time Postal Service clerks are available for customer service; and Reducing/removing sampling procedures during verification. 11.2.5 Mail Processing Equipment As mail processing equipment sorts a mail piece, information is gathered from machine scans to determine the piece’s location within the postal network. All major mail processing equipment has the ability to scan the Intelligent Mail barcode on mail pieces during processing. The machines with mail piece barcode scanning capability include: Letters: Delivery Barcode Sorters (DBCS), Mail Processing Barcode Sorters (MPBCS), and Carrier Sequence Barcode Sorters (CSBCS); Flats: AFSM 100 and UFSM 1000; 24 Packages: Automated Package Processing System (APPS) and Small Package Bundle Sorter (SPBS). sroberts on PROD1PC70 with NOTICES and make that data available to other USPS systems. (Authority: 39 U.S.C. 3691(b)(1)(D) and (b)(2)). 11.2.7 Intelligent Mail Data Acquisition System (IMDAS) Steven W. Williams, Secretary. [FR Doc. E7–24528 Filed 12–19–07; 8:45 am] IMDAS has replaced the handheld scanners that carriers, mail handlers, and drivers formerly used to scan IMBs on handling units and Delivery Confirmation forms. The Intelligent Mail Data Acquisition System (IMDAS) program is implementing a standardized hardware and software platform for mobile data collection and data transfer through scanning technology. The IMDAS program promotes a family of handheld data acquisition devices to support the current scanning needs of Postal Service products and services, as well as support the future scanning needs of Intelligent Mail products and services. The IMDAS supports tracking mail pieces, unit loads, transportation, inventory and performance operations using a standardized family of mobile devices. This program includes replacing the current Mobile Data Collection Device (MDCD) scanners, which postal personnel use for delivery operations, dock operations, and customer service operations. The Intelligent Mail Data Acquisition System was developed using integrated architecture and infrastructure that are consistent with industry best practices. The IMDAS yields an accurate, reliable, and stable flow of data, and is required to interface successfully with the existing postal infrastructure. III. Ordering Paragraphs The Intelligent Mail Device (IMD) is an ergonomically designed, handheld computer capable of running mail processing applications and scanning barcodes. The Postal Service has rolled out new Intelligent Mail Devices to carriers, mail handlers, and drivers. The Intelligent Mail Devices currently in the field can read IMBs, but will need a software upgrade in order to collect data using new start- and ‘‘stop-the-clock’’ event codes, parse the data in the codes, It is ordered: 1. Docket No. PI2008–1 is established for the purpose of receiving comments regarding the Postal Service’s proposed service performance measurement systems. 2. Interested persons may submit written comments on any or all aspects of the Postal Service’s proposed service performance measurement systems and reporting systems by no later than January 18, 2008.25 3. Reply comments may be filed by no later than February 1, 2008.26 4. Kenneth E. Richardson, acting director of the Office of the Consumer Advocate, is designated to represent the interests of the general public in this docket. 5. The Secretary shall arrange for publication of this Notice in the Federal Register. 24 UFSM 1000 can read barcodes printed at original specifications and will be updated in early 2008 to read barcodes printed according to the revised specifications. 25 Changed from January 7, 2008 (per Order No. 48) by Order No. 49. 26 Changed from January 18, 2008 (per Order No. 48) by Order No. 49. 11.2.6 Intelligent Mail Device (IMD) VerDate Aug<31>2005 20:08 Dec 19, 2007 Jkt 214001 72419 PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–56947; File No. SR–Amex– 2007–134] Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Commentary .10 to Amex Rule 584 To Delete the Reference to the Weekly Bulletin December 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 December 6, 2007, the American Stock Exchange LLC (‘‘Amex’’ or the ‘‘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 prepared substantially by the Amex. The Amex filed the proposed rule change under Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(6) 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 The Amex proposes to adopt changes to Commentary .10 to Amex Rule 584 to delete the reference to the Weekly Bulletin therein. The text of the proposed rule change is available at http://www.amex.com, the principal offices of the Amex, 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 Amex included statements concerning the purpose of and basis for the proposed rule change and discussed any 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 E:\FR\FM\20DEN1.SGM 20DEN1 72420 Federal Register / Vol. 72, No. 244 / Thursday, December 20, 2007 / Notices 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 sroberts on PROD1PC70 with NOTICES The Exchange proposes to amend Commentary .10 to Amex Rule 584 5 to delete the reference to the Weekly Bulletin therein. Commentary .10 to Amex Rule 584 requires that all information filed with the Exchange pursuant to Rule 584 be made public in the lists of the meetings of stockholders in the Weekly Bulletin. The Weekly Bulletin, published by the Exchange, currently contains information on the seat market, admission of members, listings and stockholder meetings. In deleting the reference to the Weekly Bulletin in Commentary .10 to Amex Rule 584, the Exchange seeks the flexibility of posting the Weekly Bulletin and/or the information contained therein on the AmexTrader Web site (http:// www.amextrader.com) for a wider circulation.6 The Commission previously approved an Exchange proposal to delete references in Amex’s Constitution and Rules to the requirement that membership, corporate governance, stockholder meetings and disciplinary information be published in the Weekly Bulletin.7 However, Commentary .10 to Amex Rule 584 still contains a reference to the Weekly Bulletin. Therefore, the Exchange proposes to delete the reference to the Weekly Bulletin in Commentary .10 of Amex Rule 584 in order to harmonize this rule with the remainder of Amex’s Constitution and Rules. The Exchange does not believe that this proposal will engender any controversy as the information contained in the Weekly Bulletin will continue to be available to its existing constituency and will be made available to the general public through the AmexTrader Web site. 5 Amex Rule 584 specifies requirements for members and member organizations regarding proxy contests involving unregistered companies. 6 In the instance that a person does not have access to the Internet, the list of meetings of stockholders will be made available upon request. 7 See Securities Exchange Act Release No. 41840 (Sept. 7, 1999), 64 FR 50128 (Sept. 15, 1999) (SR– Amex–99–31). VerDate Aug<31>2005 20:08 Dec 19, 2007 Jkt 214001 2. Statutory Basis The proposed rule change is consistent with Section 6(b) of the Act 8 in general, and furthers the objectives of Section 6(b)(5) of the Act,9 in particular, in that it is designed to prevent fraudulent and manipulative acts and practices, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest. B. Self-Regulatory Organization’s Statement on Burden on Competition 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 No written comments were solicited or received with respect to the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The Amex has designated the proposed rule change as one that: (1) Does not significantly affect the protection of investors or the public interest; (2) does not impose any significant burden on competition; and (3) does not become operative for 30 days after the date of filing, or such shorter time as the Commission may designate if consistent with the protection of investors and the public interest. In addition, as required under Rule 19b–4(f)(6)(iii),10 the Amex provided the Commission with written notice of its intention to file the proposed rule change, along with a brief description of the text of the proposed rule change, at least five business days prior to filing the proposal with the Commission. Therefore, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act 11 and Rule 19b–4(f)(6) thereunder.12 The Amex has requested the Commission to waive the 30-day operative delay so that the proposal may become operative immediately upon filing. The Commission hereby grants the Amex’s request 13 and believes that 8 15 U.S.C. 78f(b). U.S.C. 78f(b)(5). 10 17 CFR 240.19b–4(f)(6)(iii). 11 15 U.S.C. 78s(b)(3)(A). 12 17 CFR 240.19b–4(f)(6). 13 For purposes only of waiving the 30-day operative delay, the Commission has considered the 9 15 PO 00000 Frm 00080 Fmt 4703 Sfmt 4703 waiving the 30-day operative delay is consistent with the protection of investors and the public interest. The Commission notes that it previously approved an Exchange proposal to delete references in the Amex’s Constitution and Rules to the requirement that membership, corporate governance, stockholder meetings and disciplinary information be published in the Weekly Bulletin 14 and that the proposed amendment conforms the language in Commentary .10 of Amex Rule 584 with the remainder of the Exchange’s Constitution and Rules by deleting the reference to the Weekly Bulletin. In addition, the Commission believes that waiver of the 30-day operative period would enable the Exchange to implement the proposal as quickly as possible, and thereby provide for greater uniformity among the Amex’s Constitution and Rules. For these reasons, the Commission designates the proposal to be operative upon filing with the Commission. At any time within 60 days of the filing of the proposed rule change, the Commission may summarily abrogate such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. 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–2007–134 on the subject line. Paper Comments • Send paper comments in triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, Station Place, 100 F Street, NE., Washington, DC 20549–1090. All submissions should refer to File Number SR–Amex–2007–134. This file number should be included on the subject line if e-mail is used. To help the Commission process and review your proposal’s impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). 14 See note 7, supra. E:\FR\FM\20DEN1.SGM 20DEN1 Federal Register / Vol. 72, No. 244 / Thursday, December 20, 2007 / Notices 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 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 Amex. 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 publicly available. All submissions should refer to File Number SR–Amex–2007–134 and should be submitted on or before January 10, 2008. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.15 Florence E. Harmon, Deputy Secretary. [FR Doc. E7–24693 Filed 12–19–07; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–56959; File No. SR–Amex– 2007–46] Self-Regulatory Organizations; American Stock Exchange LLC; Notice of Filing and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, To Require Specialists To Yield Orally Agreed Upon Proprietary Trades to LaterArriving Customer System Orders sroberts on PROD1PC70 with NOTICES December 13, 2007. Pursuant to section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 2 thereunder, notice is hereby given that on May 10, 2007, the American Stock Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with the 15 17 CFR 200.30–3(a)(12). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 1 15 VerDate Aug<31>2005 20:08 Dec 19, 2007 Jkt 214001 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 Exchange. On December 4, 2007, Amex 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 and is approving the proposal on an accelerated basis. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend Amex Rule 950–ANTE to require specialists to yield proprietary transactions in options to later arriving off-Floor customer system agency orders that enter and are displayed on the specialist’s Book (‘‘Agency Orders’’) and could take the specialist’s place in the proprietary transaction. The text of the proposed rule change is available at the Amex, the Commission’s Public Reference Room, and http://www.cboe.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 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 The Amex states that ANTE Public Orders Ahead Block (‘‘Block’’) is the functionality designed to assist specialists in complying with their agency obligations, and prevents specialists from trading ahead of a public customer order in violation of the priority rules, unless the trade is marked as meeting one of the proposed specified exceptions in the Exchange’s rules. The Amex is proposing to add new Commentary .04 to Amex Rule 950– ANTE (l) to codify these exceptions to the requirement that options specialists yield proprietary transactions to later arriving Agency Orders that enter and are displayed on the options specialist’s PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 72421 Book and could take the options specialist’s place in the not yet reported proprietary transaction. Exchange rules require specialists to always yield to customer orders on the Book when trading in their specialty securities for their dealer account. When no other interest is present on the specialists’ Book, specialists may trade for their own account with interest represented on the Book or in the trading crowd.3 The Exchange proposes to add Commentary .04 to paragraph (l) of 950– ANTE to specify certain limited exceptions when options specialists are not required to yield to customers orders on the Book when trading for their own account. These exceptions are as follows: (i) If the later arriving order is an offFloor system order for the account of a broker-dealer (including, but not limited to, a foreign broker-dealer, Registered Options Trader, Supplemental Registered Options Trader, Remote Registered Options Trader, or Away Market Maker); 4 (ii) If the specialist’s trade for his or her dealer account is a trade effected pursuant to Rule 950–ANTE (d), Commentary .01 or Commentary .07(b); (iii) If the specialist’s trade for his or her dealer account is a report of principal participation on an order sent to another market center through Options Intermarket Linkage and the system order arrived after the specialist sent the Linkage order; (iv) If the specialist’s trade for his or her dealer account is in connection with a P/A order sent to another market center through the Options Intermarket Linkage; or (v) If the specialist’s trade for his or her dealer account is a correction of a bona fide specialist error. These exceptions are discussed in more detail below: Priority Over Accounts of BrokerDealers Because, pursuant to Amex Rule 950– ANTE, orders for the accounts of brokerdealers do not have priority over specialists acting as principal, the Block allows for the specialist not to yield to such orders. Complex or Combination Trade Priority Specialist participation in a transaction effected pursuant to Rule 3 See Amex Rule 150(b), Rule 155 and Rule 170 generally made applicable to options by Rule 950– ANTE (a) and (l). 4 Pursuant to 900–ANTE (b)(48), an ‘‘Away Market Maker’’ is a market maker, as defined in Section 3(a)(38) of the Act, in options registered as such on such other national securities exchange. E:\FR\FM\20DEN1.SGM 20DEN1

Agencies

[Federal Register Volume 72, Number 244 (Thursday, December 20, 2007)]
[Notices]
[Pages 72419-72421]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-24693]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-56947; File No. SR-Amex-2007-134]


Self-Regulatory Organizations; American Stock Exchange LLC; 
Notice of Filing and Immediate Effectiveness of a Proposed Rule Change 
To Amend Commentary .10 to Amex Rule 584 To Delete the Reference to the 
Weekly Bulletin

December 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 December 6, 2007, the American Stock Exchange LLC (``Amex'' or the 
``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 prepared substantially by the Amex. The 
Amex filed the proposed rule change under Section 19(b)(3)(A) of the 
Act \3\ and Rule 19b-4(f)(6) 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.
---------------------------------------------------------------------------

    \1\ 15 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)(6).
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Amex proposes to adopt changes to Commentary .10 to Amex Rule 
584 to delete the reference to the Weekly Bulletin therein. The text of 
the proposed rule change is available at http://www.amex.com, the 
principal offices of the Amex, 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 Amex included statements 
concerning the purpose of and basis for the proposed rule change and 
discussed any

[[Page 72420]]

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
    The Exchange proposes to amend Commentary .10 to Amex Rule 584 \5\ 
to delete the reference to the Weekly Bulletin therein. Commentary .10 
to Amex Rule 584 requires that all information filed with the Exchange 
pursuant to Rule 584 be made public in the lists of the meetings of 
stockholders in the Weekly Bulletin.
---------------------------------------------------------------------------

    \5\ Amex Rule 584 specifies requirements for members and member 
organizations regarding proxy contests involving unregistered 
companies.
---------------------------------------------------------------------------

    The Weekly Bulletin, published by the Exchange, currently contains 
information on the seat market, admission of members, listings and 
stockholder meetings. In deleting the reference to the Weekly Bulletin 
in Commentary .10 to Amex Rule 584, the Exchange seeks the flexibility 
of posting the Weekly Bulletin and/or the information contained therein 
on the AmexTrader Web site (http://www.amextrader.com) for a wider 
circulation.\6\
---------------------------------------------------------------------------

    \6\ In the instance that a person does not have access to the 
Internet, the list of meetings of stockholders will be made 
available upon request.
---------------------------------------------------------------------------

    The Commission previously approved an Exchange proposal to delete 
references in Amex's Constitution and Rules to the requirement that 
membership, corporate governance, stockholder meetings and disciplinary 
information be published in the Weekly Bulletin.\7\ However, Commentary 
.10 to Amex Rule 584 still contains a reference to the Weekly Bulletin. 
Therefore, the Exchange proposes to delete the reference to the Weekly 
Bulletin in Commentary .10 of Amex Rule 584 in order to harmonize this 
rule with the remainder of Amex's Constitution and Rules.
---------------------------------------------------------------------------

    \7\ See Securities Exchange Act Release No. 41840 (Sept. 7, 
1999), 64 FR 50128 (Sept. 15, 1999) (SR-Amex-99-31).
---------------------------------------------------------------------------

    The Exchange does not believe that this proposal will engender any 
controversy as the information contained in the Weekly Bulletin will 
continue to be available to its existing constituency and will be made 
available to the general public through the AmexTrader Web site.
2. Statutory Basis
    The proposed rule change is consistent with Section 6(b) of the Act 
\8\ in general, and furthers the objectives of Section 6(b)(5) of the 
Act,\9\ in particular, in that it is designed to prevent fraudulent and 
manipulative acts and practices, to remove impediments to and perfect 
the mechanism of a free and open market and a national market system, 
and, in general, to protect investors and the public interest.
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78f(b).
    \9\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    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

    No written comments were solicited or received with respect to the 
proposed rule change.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    The Amex has designated the proposed rule change as one that: (1) 
Does not significantly affect the protection of investors or the public 
interest; (2) does not impose any significant burden on competition; 
and (3) does not become operative for 30 days after the date of filing, 
or such shorter time as the Commission may designate if consistent with 
the protection of investors and the public interest. In addition, as 
required under Rule 19b-4(f)(6)(iii),\10\ the Amex provided the 
Commission with written notice of its intention to file the proposed 
rule change, along with a brief description of the text of the proposed 
rule change, at least five business days prior to filing the proposal 
with the Commission. Therefore, the proposed rule change has become 
effective pursuant to Section 19(b)(3)(A) of the Act \11\ and Rule 19b-
4(f)(6) thereunder.\12\
---------------------------------------------------------------------------

    \10\ 17 CFR 240.19b-4(f)(6)(iii).
    \11\ 15 U.S.C. 78s(b)(3)(A).
    \12\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------

    The Amex has requested the Commission to waive the 30-day operative 
delay so that the proposal may become operative immediately upon 
filing.
    The Commission hereby grants the Amex's request \13\ and believes 
that waiving the 30-day operative delay is consistent with the 
protection of investors and the public interest. The Commission notes 
that it previously approved an Exchange proposal to delete references 
in the Amex's Constitution and Rules to the requirement that 
membership, corporate governance, stockholder meetings and disciplinary 
information be published in the Weekly Bulletin \14\ and that the 
proposed amendment conforms the language in Commentary .10 of Amex Rule 
584 with the remainder of the Exchange's Constitution and Rules by 
deleting the reference to the Weekly Bulletin. In addition, the 
Commission believes that waiver of the 30-day operative period would 
enable the Exchange to implement the proposal as quickly as possible, 
and thereby provide for greater uniformity among the Amex's 
Constitution and Rules. For these reasons, the Commission designates 
the proposal to be operative upon filing with the Commission.
---------------------------------------------------------------------------

    \13\ For purposes only of waiving the 30-day operative delay, 
the Commission has considered the proposal's impact on efficiency, 
competition, and capital formation. 15 U.S.C. 78c(f).
    \14\ See note 7, supra.
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule 
change, the Commission may summarily abrogate such rule change if it 
appears to the Commission that such action is necessary or appropriate 
in the public interest, for the protection of investors, or otherwise 
in furtherance of the purposes of the Act.

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-2007-134 on the subject line.

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, Station Place, 100 F 
Street, NE., Washington, DC 20549-1090.
    All submissions should refer to File Number SR-Amex-2007-134. This 
file number should be included on the subject line if e-mail is used. 
To help the Commission process and review your

[[Page 72421]]

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 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 Amex. 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 publicly available. All submissions should refer to 
File Number SR-Amex-2007-134 and should be submitted on or before 
January 10, 2008.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\15\
---------------------------------------------------------------------------

    \15\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-24693 Filed 12-19-07; 8:45 am]
BILLING CODE 8011-01-P