Self-Regulatory Organizations; Philadelphia Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Add the SIG Energy MLP IndexTM, 15554-15555 [E8-5797]
Download as PDF
15554
Federal Register / Vol. 73, No. 57 / Monday, March 24, 2008 / Notices
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
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 the 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–NYSEArca–2008–20 and
should be submitted on or before April
14, 2008.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.21
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E8–5793 Filed 3–21–08; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–57515; File No. SR–Phlx–
2008–21]
March 18, 2008.
mstockstill on PROD1PC66 with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to add the
new SIG Energy MLP IndexTM (trading
as SVOSM) to Phlx Rule 1101A (Terms
of Options Contracts), regarding listing
options at strike price intervals of no
less than $2.50 for strike prices less than
$200, and to Phlx Rule 1104A (SIG
Indices, LLLP), which sets forth SIG
Indices’s disclaimer of express or
implied warranties. The text of the
proposed rule change is available on the
Exchange’s Web site (https://
www.phlx.com), at the Exchange’s
principal office, and at 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,
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
Self-Regulatory Organizations;
Philadelphia Stock Exchange, Inc.;
Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change To Add the SIG Energy MLP
IndexTM to Rules 1101A and 1104A
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 March 11,
2008, the Philadelphia Stock Exchange,
Inc. (‘‘Exchange’’ or ‘‘Phlx’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been substantially prepared by the
Exchange. The Exchange has designated
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
this proposal as non-controversial under
Section 19(b)(3)(A)(iii) of the Act 3 and
Rule 19b–4(f)(6) thereunder,4 which
renders the proposed rule change
effective upon filing with the
Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
1. Purpose
The purpose of the proposed rule
change is to amend Phlx Rules 1101A
and 1104A to include the SIG Energy
MLP IndexTM, which was recently
licensed by SIG Indices, LLLP
(‘‘Susquehanna’’) to the Exchange, and
thereby allow (i) the Exchange to list the
index at strike price intervals of no less
than $2.50 for strike prices less than
$200, and (ii) Susquehanna’s disclaimer
of liability for use of the index. The
proposal to permit $2.50 strike price
intervals should encourage the listing of
options on the index at appropriate
strike price intervals, to the benefit of
21 17
1 15
VerDate Aug<31>2005
16:33 Mar 21, 2008
3 15
4 17
Jkt 214001
PO 00000
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6).
Frm 00082
Fmt 4703
Sfmt 4703
investors. The proposed disclaimer
should encourage maintenance of the
SIG Energy MLP IndexTM by
Susquehanna, enabling the Exchange to
continue to list options overlying the
index.5
Phlx Rule 1101A currently indicates
that the Exchange shall determine fixed
point strike price intervals for index
options at no less than $5.00, provided
that for indexes that are listed in Rule
1101A the Exchange may determine to
list strike prices at no less than $2.50
intervals if the strike price is less than
$200.6 The rule provides also that such
options may be traded at $2.50 strike
price intervals in response to customer
interest or specialist request. The
proposed rule change adds the SIG
Energy MLP IndexTM to the list of
indexes in Rule 1101A upon which the
Exchange may list options at $2.50
strike price intervals.
Phlx Rule 1104A currently provides
that Susquehanna makes no warranty,
express or implied, as to results to be
obtained by any person or entity from
the use of Susquehanna proprietary
indexes,7 and that Susquehanna makes
no express or implied warranties of
merchantability or fitness for a
particular purpose for use with respect
to any of the named indexes or any data
included therein.8 The proposed rule
change expands the coverage of Rule
1104A to include the newly-listed SIG
Energy MLP IndexTM, as required by the
License Agreement.
The Exchange believes that the
proposal should benefit investors by
5 The Exchange currently lists and trades options
on the SIG Steel Producers IndexTM, the SIG Coal
Producers IndexTM, the SIG Oil Exploration &
Production IndexTM, and the newly-licensed SIG
Energy MLP IndexTM pursuant to a license
agreement with Susquehanna Indices, LLLP
(‘‘License Agreement’’) and Exchange Rule
1009A(b). All of the SIG Indexes noted herein are
trademarks of SIG Indices, LLLP.
6 See Securities Exchange Act Release No. 54973
(December 20, 2006), 71 FR 78252 (December 28,
2006) (SR–Phlx–2006–82).
7 The indexes noted in Rule 1101A include the
SIG Investment Managers IndexTM, the SIG Cable,
Media & Entertainment IndexTM, the SIG Casino
Gaming IndexTM, the SIG Semiconductor
Equipment IndexTM, the SIG Semiconductor Device
IndexTM, the SIG Specialty Retail IndexTM, the SIG
Steel Producers IndexTM, the SIG Footwear &
Athletic IndexTM, the SIG Education IndexTM, the
SIG Restaurant IndexTM, and the SIG Coal
Producers IndexTM.
8 The Exchange noted in its filing to adopt Rule
1104A that the proposed disclaimer was
appropriate given that it was similar to disclaimer
provisions of American Stock Exchange (‘‘Amex’’)
Rule 902C relating to indexes underlying options
listed on Amex. See Securities Exchange Act
Release No. 47937 (May 28, 2003), 68 FR 33555
(June 4, 2003) (SR–Phlx–2003–21). The Exchange
subsequently amended Rule 1104A to add new
indexes, similar to the current proposal. See, e.g.,
Securities Exchange Act Release No. 51664 (May 6,
2005), 70 FR 25641 (May 13, 2005) (SR–Phlx–2005–
24).
E:\FR\FM\24MRN1.SGM
24MRN1
Federal Register / Vol. 73, No. 57 / Monday, March 24, 2008 / Notices
effectively encouraging the listing and
trading of options on an additional
Susquehanna index at more precise
strike price intervals, thereby expanding
the availability of appropriate
investment choices for investors.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act 9 in general, and furthers the
objectives of Section 6(b)(5) of the Act 10
in particular, in that it is designed to
foster cooperation and coordination
with persons engaged in regulating,
clearing, settling, processing
information with respect to, and
facilitating transactions in securities, 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. The Exchange believes
that the proposed rule change will
encourage Susquehanna to continue to
maintain the SIG Energy MLP IndexTM,
enabling the Exchange to list options on
the index and thereby provide investors
with a wider range of investment
opportunities. The proposed rule
change should also give the Exchange
the capability to price options on the
SIG Energy MLP IndexTM at $2.50 strike
price intervals, thereby encouraging
more efficient pricing.
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.
mstockstill on PROD1PC66 with NOTICES
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The Exchange 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 from the date of filing, or such
shorter time as the Commission may
designate if consistent with the
protection of investors and the public
interest. Therefore, the foregoing rule
9 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
10 15
VerDate Aug<31>2005
16:33 Mar 21, 2008
Jkt 214001
change has become effective pursuant to
Section 19(b)(3)(A) of the Act 11 and
subparagraph (f)(6) of Rule 19b–4
thereunder.12
The Exchange has asked the
Commission to waive the operative
delay to permit the proposed rule
change to become operative prior to the
30th day after filing. The Exchange
currently trades options on the SIG
Energy MLP Index, and would like to
add the index to Rule 1104A without
delay to grant Susquehanna comfort that
its liability has been properly
disclaimed for the index, as it has been
for Susquehanna’s other index products
currently listed in Rule 1104A. This will
encourage Susquehanna to continue to
provide the index, allowing the
Exchange to continue to list options on
the index without interruption.13
The Commission believes that
waiving the 30-day operative delay of
the Exchange’s proposal is consistent
with the protection of investors and the
public interest.14 Therefore, the
Commission designates the proposal to
be operative upon filing.
At any time within 60 days of the
filing of the proposed rule change, the
Commission may summarily abrogate
the 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 (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
11 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires a self-regulatory organization to
provide the Commission with written notice of its
intent to file the proposed rule change, along with
a brief description and text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission. The
Exchange has fulfilled this requirement.
13 Telephone conversation between Jurij
Trypupenko, Director and Counsel, Phlx, and
Nathan Saunders, Special Counsel, Division of
Trading and Markets, Commission, on March 13,
2008.
14 For purposes only of waiving the 30-day
operative delay, the Commission has considered the
proposed rule’s impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
12 17
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
15555
No. SR–Phlx–2008–21 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–Phlx–2008–21. 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 Commissions
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
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–Phlx–2008–21 and should
be submitted on or before April 14,
2008.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E8–5797 Filed 3–21–08; 8:45 am]
BILLING CODE 8011–01–P
15 17
E:\FR\FM\24MRN1.SGM
CFR 200.30–3(a)(12).
24MRN1
Agencies
[Federal Register Volume 73, Number 57 (Monday, March 24, 2008)]
[Notices]
[Pages 15554-15555]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-5797]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-57515; File No. SR-Phlx-2008-21]
Self-Regulatory Organizations; Philadelphia Stock Exchange, Inc.;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Add the SIG Energy MLP Index\TM\ to Rules 1101A and 1104A
March 18, 2008.
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 March 11, 2008, the Philadelphia Stock Exchange, Inc. (``Exchange''
or ``Phlx'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Items I and
II below, which Items have been substantially prepared by the Exchange.
The Exchange has designated this proposal as non-controversial under
Section 19(b)(3)(A)(iii) of the Act \3\ and Rule 19b-4(f)(6)
thereunder,\4\ which renders the proposed rule change 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)(iii).
\4\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to add the new SIG Energy MLP Index\TM\
(trading as SVO\SM\) to Phlx Rule 1101A (Terms of Options Contracts),
regarding listing options at strike price intervals of no less than
$2.50 for strike prices less than $200, and to Phlx Rule 1104A (SIG
Indices, LLLP), which sets forth SIG Indices's disclaimer of express or
implied warranties. The text of the proposed rule change is available
on the Exchange's Web site (https://www.phlx.com), at the Exchange's
principal office, and at 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, 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
The purpose of the proposed rule change is to amend Phlx Rules
1101A and 1104A to include the SIG Energy MLP Index\TM\, which was
recently licensed by SIG Indices, LLLP (``Susquehanna'') to the
Exchange, and thereby allow (i) the Exchange to list the index at
strike price intervals of no less than $2.50 for strike prices less
than $200, and (ii) Susquehanna's disclaimer of liability for use of
the index. The proposal to permit $2.50 strike price intervals should
encourage the listing of options on the index at appropriate strike
price intervals, to the benefit of investors. The proposed disclaimer
should encourage maintenance of the SIG Energy MLP Index\TM\ by
Susquehanna, enabling the Exchange to continue to list options
overlying the index.\5\
---------------------------------------------------------------------------
\5\ The Exchange currently lists and trades options on the SIG
Steel Producers Index\TM\, the SIG Coal Producers Index\TM\, the SIG
Oil Exploration & Production Index\TM\, and the newly-licensed SIG
Energy MLP Index\TM\ pursuant to a license agreement with
Susquehanna Indices, LLLP (``License Agreement'') and Exchange Rule
1009A(b). All of the SIG Indexes noted herein are trademarks of SIG
Indices, LLLP.
---------------------------------------------------------------------------
Phlx Rule 1101A currently indicates that the Exchange shall
determine fixed point strike price intervals for index options at no
less than $5.00, provided that for indexes that are listed in Rule
1101A the Exchange may determine to list strike prices at no less than
$2.50 intervals if the strike price is less than $200.\6\ The rule
provides also that such options may be traded at $2.50 strike price
intervals in response to customer interest or specialist request. The
proposed rule change adds the SIG Energy MLP Index\TM\ to the list of
indexes in Rule 1101A upon which the Exchange may list options at $2.50
strike price intervals.
---------------------------------------------------------------------------
\6\ See Securities Exchange Act Release No. 54973 (December 20,
2006), 71 FR 78252 (December 28, 2006) (SR-Phlx-2006-82).
---------------------------------------------------------------------------
Phlx Rule 1104A currently provides that Susquehanna makes no
warranty, express or implied, as to results to be obtained by any
person or entity from the use of Susquehanna proprietary indexes,\7\
and that Susquehanna makes no express or implied warranties of
merchantability or fitness for a particular purpose for use with
respect to any of the named indexes or any data included therein.\8\
The proposed rule change expands the coverage of Rule 1104A to include
the newly-listed SIG Energy MLP Index\TM\, as required by the License
Agreement.
---------------------------------------------------------------------------
\7\ The indexes noted in Rule 1101A include the SIG Investment
Managers Index\TM\, the SIG Cable, Media & Entertainment Index\TM\,
the SIG Casino Gaming Index\TM\, the SIG Semiconductor Equipment
Index\TM\, the SIG Semiconductor Device Index\TM\, the SIG Specialty
Retail Index\TM\, the SIG Steel Producers Index\TM\, the SIG
Footwear & Athletic Index\TM\, the SIG Education Index\TM\, the SIG
Restaurant Index\TM\, and the SIG Coal Producers Index\TM\.
\8\ The Exchange noted in its filing to adopt Rule 1104A that
the proposed disclaimer was appropriate given that it was similar to
disclaimer provisions of American Stock Exchange (``Amex'') Rule
902C relating to indexes underlying options listed on Amex. See
Securities Exchange Act Release No. 47937 (May 28, 2003), 68 FR
33555 (June 4, 2003) (SR-Phlx-2003-21). The Exchange subsequently
amended Rule 1104A to add new indexes, similar to the current
proposal. See, e.g., Securities Exchange Act Release No. 51664 (May
6, 2005), 70 FR 25641 (May 13, 2005) (SR-Phlx-2005-24).
---------------------------------------------------------------------------
The Exchange believes that the proposal should benefit investors by
[[Page 15555]]
effectively encouraging the listing and trading of options on an
additional Susquehanna index at more precise strike price intervals,
thereby expanding the availability of appropriate investment choices
for investors.
2. Statutory Basis
The Exchange believes that its proposal is consistent with Section
6(b) of the Act \9\ in general, and furthers the objectives of Section
6(b)(5) of the Act \10\ in particular, in that it is designed to foster
cooperation and coordination with persons engaged in regulating,
clearing, settling, processing information with respect to, and
facilitating transactions in securities, 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.
The Exchange believes that the proposed rule change will encourage
Susquehanna to continue to maintain the SIG Energy MLP Index\TM\,
enabling the Exchange to list options on the index and thereby provide
investors with a wider range of investment opportunities. The proposed
rule change should also give the Exchange the capability to price
options on the SIG Energy MLP Index\TM\ at $2.50 strike price
intervals, thereby encouraging more efficient pricing.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78f(b).
\10\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
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
No written comments were either solicited or received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The Exchange 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 from the
date of filing, or such shorter time as the Commission may designate if
consistent with the protection of investors and the public interest.
Therefore, the foregoing rule change has become effective pursuant to
Section 19(b)(3)(A) of the Act \11\ and subparagraph (f)(6) of Rule
19b-4 thereunder.\12\
---------------------------------------------------------------------------
\11\ 15 U.S.C. 78s(b)(3)(A).
\12\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires a self-regulatory organization to provide the Commission
with written notice of its intent to file the proposed rule change,
along with a brief description and text of the proposed rule change,
at least five business days prior to the date of filing of the
proposed rule change, or such shorter time as designated by the
Commission. The Exchange has fulfilled this requirement.
---------------------------------------------------------------------------
The Exchange has asked the Commission to waive the operative delay
to permit the proposed rule change to become operative prior to the
30th day after filing. The Exchange currently trades options on the SIG
Energy MLP Index, and would like to add the index to Rule 1104A without
delay to grant Susquehanna comfort that its liability has been properly
disclaimed for the index, as it has been for Susquehanna's other index
products currently listed in Rule 1104A. This will encourage
Susquehanna to continue to provide the index, allowing the Exchange to
continue to list options on the index without interruption.\13\
---------------------------------------------------------------------------
\13\ Telephone conversation between Jurij Trypupenko, Director
and Counsel, Phlx, and Nathan Saunders, Special Counsel, Division of
Trading and Markets, Commission, on March 13, 2008.
---------------------------------------------------------------------------
The Commission believes that waiving the 30-day operative delay of
the Exchange's proposal is consistent with the protection of investors
and the public interest.\14\ Therefore, the Commission designates the
proposal to be operative upon filing.
---------------------------------------------------------------------------
\14\ For purposes only of waiving the 30-day operative delay,
the Commission has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------
At any time within 60 days of the filing of the proposed rule
change, the Commission may summarily abrogate the 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 (https://
www.sec.gov/rules/sro.shtml); or
Send an e-mail to rule-comments@sec.gov. Please include
File No. SR-Phlx-2008-21 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-Phlx-2008-21. 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 Commissions 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 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-Phlx-2008-21 and should be submitted on
or before April 14, 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. E8-5797 Filed 3-21-08; 8:45 am]
BILLING CODE 8011-01-P