Facility Tour, 16078 [E8-6187]
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16078
Federal Register / Vol. 73, No. 59 / Wednesday, March 26, 2008 / Notices
Issued at Rockville, Maryland this 20th day
of March 2008.
E. Roy Hawkens,
Chief Administrative Judge, Atomic Safety
and Licensing Board Panel.
[FR Doc. E8–6222 Filed 3–25–08; 8:45 am]
BILLING CODE 7590–01–P
POSTAL REGULATORY COMMISSION
Facility Tour
Postal Regulatory Commission.
Notice of Commission tour.
AGENCY:
ACTION:
On Thursday, March 27,
2008, Postal Regulatory Commissioners
and advisory staff members will observe
the Flats Sequencing System at the
Postal Service’s facility at Dulles Airport
in Chantilly, Virginia.
DATES: March 27, 2008.
FOR FURTHER INFORMATION CONTACT: Ann
C. Fisher, Chief of Staff, Postal
Regulatory Commission, at 202–789–
6803 or ann.fisher@prc.gov.
SUMMARY:
Steven W. Williams,
Secretary.
[FR Doc. E8–6187 Filed 3–25–08; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–57530; File No. SR–OPRA–
2008–01]
Options Price Reporting Authority;
Notice of Filing of Proposed
Amendment to the Plan for Reporting
of Consolidated Options Last Sale
Reports and Quotation Information To
Adopt New Form of ‘‘Vendor Affiliate
Agreement’’
March 19, 2008.
Pursuant to Section 11A of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 608 thereunder,2
notice is hereby given that on March 3,
2008, the Options Price Reporting
Authority (‘‘OPRA’’) submitted to the
Securities and Exchange Commission
(‘‘Commission’’) an amendment to the
Plan for Reporting of Consolidated
Options Last Sale Reports and
Quotation Information (‘‘OPRA Plan’’).3
1 15
U.S.C. 78k–1.
CFR 242.608.
3 The OPRA Plan is a national market system plan
approved by the Commission pursuant to Section
11A of the Act and Rule 608 thereunder (formerly
Rule 11Aa3–2). See Securities Exchange Act
Release No. 17638 (March 18, 1981), 22 S.E.C.
Docket 484 (March 31, 1981). The full text of the
OPRA Plan is available at https://
www.opradata.com.
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The proposed OPRA Plan amendment
would adopt a new form of ‘‘Vendor
Affiliate Agreement’’ that may be used
by an affiliate of an OPRA ‘‘Vendor’’
that wants also to become a Vendor.
OPRA’s Fee Schedule would be
modified to state that OPRA will waive
its Redistribution Fee for all affiliates in
a corporate family with which OPRA
agrees to Vendor Affiliate Agreements.
The Commission is publishing this
notice to solicit comments from
interested persons on the proposed
OPRA Plan amendment.
I. Description and Purpose of the
Amendment
The purpose of the proposed
amendment to adopt a new form of
‘‘Vendor Affiliate Agreement’’ that may
be used by an affiliate of an OPRA
‘‘Vendor’’ that wants to also become an
OPRA ‘‘Vendor’’ and to specify in
OPRA’s Fee Schedule that OPRA will
waive its ‘‘Redistribution Fee’’ for
affiliates with which OPRA agrees to
Vendor Affiliate Agreements.
OPRA’s form of Vendor Agreement
authorizes only the Vendor itself, and
not any of its affiliates, to disseminate
OPRA Data. As a matter of policy, OPRA
has permitted Vendors to disseminate
OPRA Data through wholly-owned
subsidiaries. However, OPRA’s policy
has been not to permit Vendors to
disseminate OPRA Data through other
affiliates that have not themselves
signed Vendor Agreements with OPRA.
Many Vendors conduct business
through corporate families, for a variety
of reasons. OPRA requires each OPRA
Vendor to pay a monthly
‘‘Redistribution Fee,’’ 4 and OPRA has
from time to time received requests to
alleviate the financial consequence that
OPRA’s current policy imposes on some
Vendor families.
Accordingly, OPRA is proposing to
amend its Fee Schedule to provide that
OPRA will waive its Redistribution Fee
for Vendor affiliates that themselves
become Vendors pursuant to ‘‘Vendor
Affiliate Agreements,’’ and is proposing
to adopt a new form of ‘‘Vendor Affiliate
Agreement.’’ In effect, the form of
Vendor Affiliate Agreement is a ‘‘short
form’’ Vendor Agreement that can be
The OPRA Plan provides for the collection and
dissemination of last sale and quotation information
on options that are traded on the participant
exchanges. The seven participants to the OPRA
Plan are the American Stock Exchange LLC, the
Boston Stock Exchange, Inc., the Chicago Board
Options Exchange, Incorporated, the International
Securities Exchange, LLC, the NYSE Arca, Inc., the
Philadelphia Stock Exchange, Inc., and the
NASDAQ Stock Market LLC.
4 OPRA’s Redistribution Fee is currently $650/
month for ‘‘Internet service only’’ Vendors, and
$1,500/month for all other Vendors.
PO 00000
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signed by an additional member of a
Vendor’s corporate family. The
proposed form would require the
additional member of a corporate family
to acknowledge that it is subject to and
bound by the terms of the ‘‘lead’’
Vendor’s Vendor Agreement just as if it
had signed the Agreement itself. The
proposed form is designed so that it can
be used by affiliates of a current OPRA
Vendor without any need for the current
Vendor to sign a new Vendor
Agreement.5
The text of the proposed amendment
to the OPRA Plan and the proposed
changes to the OPRA Fee Schedule are
available at OPRA, the Commission’s
Public Reference Room, and https://
opradata.com.
II. Implementation of the OPRA Plan
Amendment
OPRA will begin to use the proposed
form of Vendor Affiliate Agreement
upon its approval by the Commission
pursuant to Section 11A of the Act 6 and
Rule 608(b)(1) thereunder.7
III. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed OPRA
Plan amendment 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
No. SR–;OPRA–2008–01 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–OPRA–2008–01. 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
5 However, the current Vendor (or a new ‘‘lead’’
Vendor) would be required to identify its affiliate(s)
that will sign Vendor Affiliate Agreements in its
‘‘Description of Vendor’s Service’’—Exhibit A to its
Vendor Agreement—as in effect from time to time.
The lead Vendor would also be required to describe
the dissemination of OPRA Data by such affiliate(s)
in its Exhibit A.
6 15 U.S.C. 78k–1.
7 17 CFR 242.608(b)(1).
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Agencies
[Federal Register Volume 73, Number 59 (Wednesday, March 26, 2008)]
[Notices]
[Page 16078]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-6187]
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POSTAL REGULATORY COMMISSION
Facility Tour
AGENCY: Postal Regulatory Commission.
ACTION: Notice of Commission tour.
-----------------------------------------------------------------------
SUMMARY: On Thursday, March 27, 2008, Postal Regulatory Commissioners
and advisory staff members will observe the Flats Sequencing System at
the Postal Service's facility at Dulles Airport in Chantilly, Virginia.
DATES: March 27, 2008.
FOR FURTHER INFORMATION CONTACT: Ann C. Fisher, Chief of Staff, Postal
Regulatory Commission, at 202-789-6803 or ann.fisher@prc.gov.
Steven W. Williams,
Secretary.
[FR Doc. E8-6187 Filed 3-25-08; 8:45 am]
BILLING CODE 7710-FW-P