Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule Change To Amend the Applicant Disqualification Criteria Contained in Its Rules, 40888-40890 [E8-16227]
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40888
Federal Register / Vol. 73, No. 137 / Wednesday, July 16, 2008 / Notices
may be obtained would be required in
sales literature that does not contain a
recommendation or past or projected
performance figures. Because CBOE is
proposing to merge educational material
into the sales literature category,16 this
amendment would continue to allow
communications that are educational in
nature to be disseminated without being
preceded or accompanied by a copy of
the ODD.
The Exchange proposes to redesignate
Section D of Interpretation and Policy
.04 as proposed Interpretation and
Policy .04. The Exchange proposes to
delete Sections E and F of Interpretation
and Policy .04. The Exchange believes
Section E is unnecessary because
worksheets are included in the
definition of ‘‘Sales Literature.’’ The
Exchange believes Section F is no longer
necessary because the Exchange is
proposing to clarify the record-keeping
requirements applicable to options
communications in proposed Rule
9.21(b)(iv).
2. Statutory Basis
The proposed amendments to
Exchange Rule 9.21 would reflect the
exemption from the provisions of the
Securities Act (other than the anti-fraud
provisions) for standardized options
that are traded on a registered national
securities exchange or on a registered
national securities association and
would update and reorganize the rule.
The proposed amendments to Exchange
Rule 9.21 are consistent with Section
6(b) of the Exchange Act 17 in general
and would further the objectives of
Section 6(b)(5) 18 in particular in that
they are designed to prevent fraudulent
and manipulative acts and practices, to
promote just and equitable principles of
trade, and, in general, to protect
investors and the public interest by
providing the investing public with
options communications rules that are
designed to provide appropriate
safeguards and greater clarity by
promoting harmonization between
CBOE’s and other SROs’ options
communications rules.
mstockstill on PROD1PC66 with NOTICES
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CBOE does not believe that the
proposed rule change will impose any
burden on competition that is not
necessary or appropriate in furtherance
of purposes of the Exchange Act.
16 See
Proposed Rule 9.21(a)(ii).
U.S.C. 78f(b).
18 15 U.S.C. 78f(b)(5).
17 15
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17:00 Jul 15, 2008
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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
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 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
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–CBOE–2007–30 and should
be submitted on or before August 6,
2008.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.19
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–16226 Filed 7–15–08; 8:45 am]
BILLING CODE 8010–01–P
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Exchange
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
Number SR–CBOE–2007–30 on the
subject line.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–58122; File No. SR–DTC–
2007–07]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing of Proposed Rule Change To
Amend the Applicant Disqualification
Criteria Contained in Its Rules
July 9, 2008.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder 2
Paper Comments
notice is hereby given that on April 30,
2007, The Depository Trust Company
• Send paper comments in triplicate
(‘‘DTC’’) filed with the Securities and
to Secretary, Securities and Exchange
Exchange Commission (‘‘Commission’’),
Commission, 100 F Street, NE.,
and on February 7, 2008, and March 18,
Washington, DC 20549–1090.
2008, amended, the proposed rule
All submissions should refer to File
change described in Items I, II, and III
Number SR–CBOE–2007–30. This file
below, which items have been prepared
number should be included on the
primarily by DTC. The Commission is
subject line if e-mail is used. To help the
publishing this notice to solicit
Commission process and review your
comments on the proposed rule change
comments more efficiently, please use
from interested parties.
only one method. The Commission will
post all comments on the Commission’s I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
Internet Web site (https://www.sec.gov/
the Proposed Rule Change
rules/sro.shtml). Copies of the
submission, all subsequent
The proposed rule change seeks to
amendments, all written statements
amend the applicant disqualification
with respect to the proposed rule
criteria contained in DTC’s rules in an
change that are filed with the
effort to harmonize them with similar
Commission, and all written
rules of DTC’s affiliates, National
communications relating to the
Securities Clearing Corporation
proposed rule change between the
Commission and any person, other than
19 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
those that may be withheld from the
2 17 CFR 240.19b–4.
public in accordance with the
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Federal Register / Vol. 73, No. 137 / Wednesday, July 16, 2008 / Notices
(‘‘NSCC’’) and Fixed Income Clearing
Corporation (‘‘FICC’’).
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
DTC 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. DTC has prepared
summaries, set forth in sections (A), (B),
and (C) below, of the most significant
aspects of these statements.3
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
(1) Statutory Disqualification
DTC Rule 2 sets forth the basic
standards for the admission of DTC
Participants and defines certain criteria
that may disqualify an applicant from
participation. While the factors that may
disqualify an applicant are generally
consistent among DTC, FICC, and NSCC
rules, DTC’s rules do not specifically
reference an order of statutory
disqualification as defined in Section
3(a)(39) of the Act 4 among its
disqualification criteria.5 To promote
uniformity among the rules of DTC and
its affiliates, DTC is proposing to add
such a provision to its rules.
mstockstill on PROD1PC66 with NOTICES
(2) Associated Persons
DTC rules include applicant
disqualification criteria for persons and/
or entities ‘‘associated’’ with the
applicant firm. Because it is not easily
ascertainable as to what entities or
individuals are ‘‘associated’’ with a
particular entity, DTC is proposing to
amend these provisions in its rules so
that they are consistent with internal
surveillance procedures. DTC proposes
to change references to persons
‘‘associated’’ with the applicant to
references to ‘‘controlling management,’’
which shall be defined to mean the
Chief Executive Officer, Chief Financial
Officer, and Chief Operating Officer, or
their equivalents. These are the officers
that are currently screened by DTC’s
risk management pursuant to internal
procedures. Finally, DTC proposes to
add language to its rules that would
3 The Commission has modified the text of the
summaries prepared by DTC.
4 15 U.S.C. 78c(a)(39).
5 As a clearing agency registered under the Act,
DTC must evaluate those members subject to an
order of statutory disqualification as defined in the
Act.
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17:00 Jul 15, 2008
Jkt 214001
require applicants to inform DTC as to
any member of its controlling
management that is or becomes subject
to statutory disqualification.
(3) Amendment to Willful Violation
DTC rules currently include as a
disqualification criterion the applicant’s
or an associated person’s ‘‘willful’’
violation of the Securities Act of 1933,6
the Act, the Investment Company Act of
1940,7 the Investment Advisors Act of
1940,8 or any rule or regulation
promulgated thereunder. DTC proposes
to remove the word ‘‘willful’’ from this
provision because DTC believes that any
violation of these provisions should be
a disqualification criterion.
Changes similar to those outlined in
sections (1), (2), and (3) above will be
made to DTC Rule 10, ‘‘Discretionary
Termination.’’
DTC believes that the proposed rule
change is consistent with the
requirements of Section 17A of the Act 9
and the rules and regulations
thereunder because the proposed
changes provide transparency with
respect to the applicant and member
disqualification criteria in DTC rules
and uniformity with NSCC and FICC
rules and thereby promote the prompt
and accurate clearance and settlement of
securities transactions.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
DTC does not believe that the
proposed rule change will have any
impact or impose any burden on
competition.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments relating to the
proposed rule change have not been
solicited or received. DTC will notify
the Commission of any written
comments received by DTC.
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:
PO 00000
6 15
U.S.C. 77a et seq.
U.S.C. 80a–1 et seq.
8 15 U.S.C. 80b–1 et seq.
9 15 U.S.C. 78q–1.
7 15
Frm 00060
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40889
(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 (https://www.sec.gov/
rules/sro.shtml) or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number SR–DTC–2007–07 on the
subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street, NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–DTC–2007–07. 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 (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
Section, 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 filings also will be
available for inspection and copying at
the principal office of DTC and on
DTC’s Web site at https://www.dtcc.com/
downloads/legal/rule_filings/2007/dtc/
2007–07.pdf, https://www.dtcc.com/
downloads/legal/rule_filings/2007/dtc/
2007–07-amendment.pdf, and https://
www.dtcc.com/downloads/legal/
rule_filings/2007/dtc/2007–07amendment2.pdf. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
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40890
Federal Register / Vol. 73, No. 137 / Wednesday, July 16, 2008 / Notices
BILLING CODE 8010–01–P
agreement; and (4) use plain English to
make the agreement easier to read.
The text of the proposed rule change
is available at FINRA, the Commission’s
Public Reference Room, and https://
www.finra.org/web/groups/rules_regs/
documents/rule_filing/p038800.pdf. The
text of the proposed Submission
Agreement is available at FINRA, the
Commission’s Public Reference Room,
and https://www.finra.org/web/groups/
rules_regs/documents/rule_filing/
p038817.pdf.
SECURITIES AND EXCHANGE
COMMISSION
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–DTC–
2007–07 and should be submitted on or
before August 6, 2008.
For the Commission by the Division of
Trading and Markets, pursuant to delegated
authority.10
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–16227 Filed 7–15–08; 8:45 am]
[Release No. 34–58124; File No. SR–FINRA–
2008–031]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing of
Proposed Rule Change to Amend the
Arbitration Uniform Submission
Agreement and Related Rules
July 9, 2008.
mstockstill on PROD1PC66 with NOTICES
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 Financial
Industry Regulatory Authority, Inc.
(‘‘FINRA’’) (f/k/a National Association
of Securities Dealers, Inc. (‘‘NASD’’))
filed with the Securities and Exchange
Commission (‘‘Commission’’) on June
19, 2008, the proposed rule change as
described in Items I, II, and III below,
which Items have been substantially
prepared by FINRA Dispute Resolution.
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
FINRA Dispute Resolution is
proposing to amend the Uniform
Submission Agreement (‘‘USA’’), which
parties must sign prior to entering into
arbitration, and certain rules of the Code
of Arbitration Procedure for Customer
Disputes (‘‘Customer Code’’) and the
Code of Arbitration Procedure for
Industry Disputes (‘‘Industry Code’’)
that contain references to the agreement.
The proposed revisions to the USA
would: (1) Clarify what the parties are
attesting to when they execute the USA;
(2) require parties to indicate in what
capacity they are signing the agreement;
(3) convert the USA to a FINRA-specific
10 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b-4.
1 15
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17:00 Jul 15, 2008
Jkt 214001
In its filing with the Commission,
FINRA 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. FINRA 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
(a) Purpose
The USA is an agreement that
claimants and respondents (hereinafter,
collectively referred to as ‘‘parties’’)
must sign prior to entering into
arbitration. Rule 12302(a) of the
Customer Code and Rule 13302(a) of the
Industry Code require a claimant to file
a signed and dated USA and a statement
of claim to initiate an arbitration.
Similarly, Rule 12303(a) of the
Customer Code and Rule 13303(a) of the
Industry Code require a respondent to
directly serve each other party with a
signed and dated USA and an answer
within 45 days of receipt of the
statement of claim. By signing the USA,
the parties agree to submit to the
arbitration process, and to be bound by
the determination that may be rendered
by the arbitrator(s).
FINRA proposes to amend the USA
to: (1) Clarify what the parties are
attesting to when they execute the
agreement; (2) require parties to indicate
in what capacity they are signing the
agreement; (3) convert it to a FINRAspecific agreement; and (4) use plain
English to make the agreement easier to
read. FINRA also proposes to amend the
rules of the Customer Code and the
Industry Code that refer to the USA.
First, FINRA proposes to amend
paragraph 2 of the USA to clarify what
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
the parties are attesting to when they
execute the agreement. Currently, this
section states that the parties have read
the procedures and rules relating to
arbitration. FINRA understands that few
investors who are represented by
counsel actually read the relevant selfregulatory organization (SRO) rules
(such as the Customer Code). Rather, in
most cases, these investors are relying
on their attorneys or other
representatives to know the rules. Thus,
some investors have been reluctant to
sign a statement that they have read all
the relevant rules. In light of these
concerns, FINRA is proposing to amend
paragraph 2 to permit parties to certify
that they or their representatives read
the relevant procedures and rules and
that the parties agree to be bound by
them. FINRA believes that the provision
as proposed to be amended would
reflect more accurately what the parties
are attesting to when they execute the
USA. The new language would make
clear that the parties themselves are
bound by the procedures and rules,
whether or not they read them
personally.
Second, FINRA proposes to require
that parties indicate in what capacity
they are signing the agreement. Because
the USA is a contract between the
parties and FINRA’s dispute resolution
forum, FINRA must ensure that the
parties entering the agreement have the
authority or standing to sign the
agreement. In those cases in which the
signatory is not an individually named
party, the signatory must state the
capacity in which he or she is acting if
other than an individual and sign in that
capacity, so that FINRA can determine
from the statement of claim and other
supporting information whether he or
she is authorized to enter the agreement.
For example, a person signing as the
trustee of a family trust would sign his
or her name exactly as shown on the
trust documents and then write
‘‘Trustee’’ on the line below the
instruction ‘‘State Capacity if other than
individual (example: Executor, Trustee,
Corporate Officer).’’ This change would
simply formalize an existing practice.
Currently, if a party fails to sign the
USA in the capacity in which he or she
is submitting the claim, FINRA
classifies the claim as deficient, which
can delay the arbitration and increase
the party’s costs. FINRA believes that
the proposed change would clarify how
the agreement must be signed, and
should help expedite the processing of
claims, thereby minimizing unnecessary
delays and expenses that parties could
incur.
Third, FINRA proposes to convert the
USA into a FINRA-specific agreement.
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]]>Agencies
[Federal Register Volume 73, Number 137 (Wednesday, July 16, 2008)]
[Notices]
[Pages 40888-40890]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-16227]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-58122; File No. SR-DTC-2007-07]
Self-Regulatory Organizations; The Depository Trust Company;
Notice of Filing of Proposed Rule Change To Amend the Applicant
Disqualification Criteria Contained in Its Rules
July 9, 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 April 30, 2007, The Depository Trust Company (``DTC'') filed with
the Securities and Exchange Commission (``Commission''), and on
February 7, 2008, and March 18, 2008, amended, the proposed rule change
described in Items I, II, and III below, which items have been prepared
primarily by DTC. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested parties.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The proposed rule change seeks to amend the applicant
disqualification criteria contained in DTC's rules in an effort to
harmonize them with similar rules of DTC's affiliates, National
Securities Clearing Corporation
[[Page 40889]]
(``NSCC'') and Fixed Income Clearing Corporation (``FICC'').
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, DTC 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. DTC has prepared summaries, set forth in sections (A),
(B), and (C) below, of the most significant aspects of these
statements.\3\
---------------------------------------------------------------------------
\3\ The Commission has modified the text of the summaries
prepared by DTC.
---------------------------------------------------------------------------
(A) Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
(1) Statutory Disqualification
DTC Rule 2 sets forth the basic standards for the admission of DTC
Participants and defines certain criteria that may disqualify an
applicant from participation. While the factors that may disqualify an
applicant are generally consistent among DTC, FICC, and NSCC rules,
DTC's rules do not specifically reference an order of statutory
disqualification as defined in Section 3(a)(39) of the Act \4\ among
its disqualification criteria.\5\ To promote uniformity among the rules
of DTC and its affiliates, DTC is proposing to add such a provision to
its rules.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78c(a)(39).
\5\ As a clearing agency registered under the Act, DTC must
evaluate those members subject to an order of statutory
disqualification as defined in the Act.
---------------------------------------------------------------------------
(2) Associated Persons
DTC rules include applicant disqualification criteria for persons
and/or entities ``associated'' with the applicant firm. Because it is
not easily ascertainable as to what entities or individuals are
``associated'' with a particular entity, DTC is proposing to amend
these provisions in its rules so that they are consistent with internal
surveillance procedures. DTC proposes to change references to persons
``associated'' with the applicant to references to ``controlling
management,'' which shall be defined to mean the Chief Executive
Officer, Chief Financial Officer, and Chief Operating Officer, or their
equivalents. These are the officers that are currently screened by
DTC's risk management pursuant to internal procedures. Finally, DTC
proposes to add language to its rules that would require applicants to
inform DTC as to any member of its controlling management that is or
becomes subject to statutory disqualification.
(3) Amendment to Willful Violation
DTC rules currently include as a disqualification criterion the
applicant's or an associated person's ``willful'' violation of the
Securities Act of 1933,\6\ the Act, the Investment Company Act of
1940,\7\ the Investment Advisors Act of 1940,\8\ or any rule or
regulation promulgated thereunder. DTC proposes to remove the word
``willful'' from this provision because DTC believes that any violation
of these provisions should be a disqualification criterion.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 77a et seq.
\7\ 15 U.S.C. 80a-1 et seq.
\8\ 15 U.S.C. 80b-1 et seq.
---------------------------------------------------------------------------
Changes similar to those outlined in sections (1), (2), and (3)
above will be made to DTC Rule 10, ``Discretionary Termination.''
DTC believes that the proposed rule change is consistent with the
requirements of Section 17A of the Act \9\ and the rules and
regulations thereunder because the proposed changes provide
transparency with respect to the applicant and member disqualification
criteria in DTC rules and uniformity with NSCC and FICC rules and
thereby promote the prompt and accurate clearance and settlement of
securities transactions.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------
(B) Self-Regulatory Organization's Statement on Burden on Competition
DTC does not believe that the proposed rule change will have any
impact or impose any burden on competition.
(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants, or Others
Written comments relating to the proposed rule change have not been
solicited or received. DTC will notify the Commission of any written
comments received by DTC.
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 (https://
www.sec.gov/rules/sro.shtml) or
Send an e-mail to rule-comments@sec.gov. Please include
File Number SR-DTC-2007-07 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street, NE., Washington, DC 20549-1090.
All submissions should refer to File Number SR-DTC-2007-07. 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 (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 Section, 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 filings also will be available for
inspection and copying at the principal office of DTC and on DTC's Web
site at https://www.dtcc.com/downloads/legal/rule_filings/2007/dtc/
2007-07.pdf, https://www.dtcc.com/downloads/legal/rule_filings/2007/
dtc/2007-07-amendment.pdf, and https://www.dtcc.com/downloads/legal/
rule_filings/2007/dtc/2007-07-amendment2.pdf. All comments received
will be posted without change; the Commission does not edit personal
identifying information from
[[Page 40890]]
submissions. You should submit only information that you wish to make
available publicly. All submissions should refer to File Number SR-DTC-
2007-07 and should be submitted on or before August 6, 2008.
For the Commission by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Acting Secretary. 6
[FR Doc. E8-16227 Filed 7-15-08; 8:45 am]
BILLING CODE 8010-01-P
