In the Matter of WarpRadio.com, Inc., Wireless Frontier Internet, Inc., and World Associates, Inc.; Order of Suspension of Trading, 38474 [08-1415]
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38474
Federal Register / Vol. 73, No. 130 / Monday, July 7, 2008 / Notices
mstockstill on PROD1PC66 with NOTICES
estimates that each response would take
approximately 262 hours, requiring
approximately 1048 total hours
annually per custodian. The total
annual burden associated with these
requirements of the rule would be
approximately 15,720 hours (15 global
custodians × 1048 hours per custodian).
Therefore, the total annual burden of all
collection of information requirements
of rule 17f–5 is estimated to be up to
16,038 hours (318 + 15,720). The total
annual cost of burden hours is estimated
to be $3,214,080 (318 hours × $2000/
hour for board of director’s time, plus
15,720 hours × $164/hour for a trust
administrator’s time).5 Compliance with
the collection of information
requirements of the rule is necessary to
obtain the benefit of relying on the
rule’s permission for funds to maintain
their assets in foreign custodians.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act. The estimate
is not derived from a comprehensive or
even a representative survey or study of
the costs of Commission rules and
forms. Compliance with the collection
of information requirements of the rule
is necessary to obtain the benefit of
relying on the rule’s permission for
funds to maintain their assets in foreign
custodians.
Written comments are invited on: (a)
Whether the collection of information is
necessary for the proper performance of
the functions of the Commission,
including whether the information has
practical utility; (b) the accuracy of the
Commission’s estimate of the burden of
the collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Shirley
Martinson, 6432 General Green Way,
Alexandria, VA 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
5 The
$164/hour figure for a trust administrator is
from SIFMA’s Management & Professional Earnings
in the Securities Industry 2007, modified to account
for an 1800-hour work-year and multiplied by 5.35
to account for bonuses, firm size, employee benefits
and overhead. The $2000/hr board of director time
is from industry sources.
VerDate Aug<31>2005
17:39 Jul 03, 2008
Jkt 214001
Dated: June 26, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–15200 Filed 7–3–08; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Wireless
Frontier Internet, Inc. because it has not
filed any periodic reports since
September 30, 2004.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of World
Associates, Inc. because it has not filed
any periodic reports since the period
ended September 30, 2004.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on July 2,
2008, through 11:59 p.m. EDT on July
16, 2008.
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Pub. L. 94–409, that the
Securities and Exchange Commission
will hold a Roundtable on Fair Value
Accounting Standards on Wednesday,
July 9, 2008 beginning at 9 a.m.
The Roundtable will take place in the
Auditorium of the Commission’s
headquarters at 100 F Street, NE.,
Washington, DC. The Roundtable will
be open to the public with seating on a
first-come, first-served basis. Doors will
open at 8:30 a.m. Visitors will be subject
to security checks.
The roundtable will consist of an
open discussion of the benefits and
potential challenges associated with
existing fair value accounting and
auditing standards and will be
organized as two panels: The first panel
will discuss fair value accounting issues
from the perspective of larger financial
institutions and the needs of their
investors; and the second panel will
discuss the issues from the perspective
of all public companies, including small
public companies and the needs of their
investors.
For further information, please
contact the Office of the Secretary at
(202) 551–5400.
By the Commission.
Florence E. Harmon,
Acting Secretary.
[FR Doc. 08–1415 Filed 7–2–08; 11:14 am]
Dated: July 1, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–15285 Filed 7–3–08; 8:45 am]
June 30, 2008.
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of WarpRadio.com, Inc.,
Wireless Frontier Internet, Inc., and
World Associates, Inc.; Order of
Suspension of Trading
July 2, 2008.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of
WarpRadio.com, Inc. because it has not
filed any periodic reports since the
period ended September 30, 2000.
PO 00000
Frm 00086
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BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–58057; File No. SR–Amex–
2008–36]
Self-Regulatory Organizations;
American Stock Exchange LLC; Order
Granting Accelerated Approval of
Proposed Rule Change to List and
Trade Shares of the MacroShares $100
Oil Up Trust and the MacroShares $100
Oil Down Trust
I. Introduction
On May 20, 2008, the American Stock
Exchange LLC (‘‘Amex’’ or ‘‘Exchange’’),
filed with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to: (1) Amend Amex Rules 1400,
1401, 1402 and 1405 relating to the
trading of Paired Trust Shares; and (2)
list and trade shares (‘‘Shares’’) of the
MacroShares $100 Oil Up Trust (‘‘Up
Trust’’) and the MacroShares $100 Oil
Down Trust (‘‘Down Trust’’)
(collectively, the ‘‘Trusts’’). The
proposed rule change was published for
comment in the Federal Register on
1 15
2 17
E:\FR\FM\07JYN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
07JYN1
Agencies
[Federal Register Volume 73, Number 130 (Monday, July 7, 2008)]
[Notices]
[Page 38474]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 08-1415]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of WarpRadio.com, Inc., Wireless Frontier Internet,
Inc., and World Associates, Inc.; Order of Suspension of Trading
July 2, 2008.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
WarpRadio.com, Inc. because it has not filed any periodic reports since
the period ended September 30, 2000.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Wireless Frontier Internet, Inc. because it has not filed any periodic
reports since September 30, 2004.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
World Associates, Inc. because it has not filed any periodic reports
since the period ended September 30, 2004.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed companies.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the above-listed
companies is suspended for the period from 9:30 a.m. EDT on July 2,
2008, through 11:59 p.m. EDT on July 16, 2008.
By the Commission.
Florence E. Harmon,
Acting Secretary.
[FR Doc. 08-1415 Filed 7-2-08; 11:14 am]
BILLING CODE 8010-01-P