Sunshine Act Meeting, 71709 [E8-28046]
Download as PDF
Federal Register / Vol. 73, No. 228 / Tuesday, November 25, 2008 / Notices
Alexandria, VA 22312 or send an e-mail
to: PRA_Mailbox@sec.gov.
Dated: November 19, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–27987 Filed 11–24–08; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
jlentini on PROD1PC65 with NOTICES
Extension:
Rule 15c1–7; OMB Control No. 3235–0134;
SEC File No. 270–146.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget a
request for approval of extension of the
existing collection of information
provided for in the following rule: Rule
15c1–7 (17 CFR 240.15c1–7) under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Rule 15c1–7 states that any act of a
broker-dealer designed to effect
securities transactions with or for a
customer account over which the
broker-dealer (directly or through an
agent or employee) has discretion will
be considered a fraudulent,
manipulative, or deceptive practice
under the federal securities laws, unless
a record is made of the transaction
immediately by the broker-dealer. The
record must include (a) the name of the
customer, (b) the name, amount, and
price of the security, and (c) the date
and time when such transaction took
place. The Commission estimates that
556 respondents collect information
related to approximately 400,000
transactions annually under Rule 15c1–
7 and that each respondent would
spend approximately 5 minutes on the
collection of information for each
transaction, for approximately 33,333
aggregate hours per year (approximately
60 hours per respondent).
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimates of the burden of the proposed
VerDate Aug<31>2005
17:01 Nov 24, 2008
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collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be 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.
Comments should be directed to
Lewis W. Walker, Acting 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.
Dated: November 19, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–27988 Filed 11–24–08; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Federal Register Citation of Previous
Announcement [73 FR 68464,
November 18, 2008].
STATUS:
PLACE:
Closed Meeting.
100 F Street, NW., Washington,
DC.
DATE AND TIME OF PREVIOUSLY ANNOUNCED
MEETING: November 20, 2008 at 2 p.m.
Deletion of an
Item.
The following item will not be
considered during the Closed Meeting
on Thursday, November 20, 2008:
CHANGE IN THE MEETING:
Consideration of amicus participation.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items. For further
information and to ascertain what, if
any, matters have been added, deleted
or postponed, please contact the Office
of the Secretary at (202) 551–5400.
Dated: November 20, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28046 Filed 11–24–08; 8:45 am]
BILLING CODE 8011–01–P
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71709
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–58949; File No. SR–Phlx–
2008–79]
Self-Regulatory Organizations; Notice
of Filing of Proposed Rule Change by
NASDAQ OMX PHLX, Inc. Relating to
Reducing the Exposure Time for
Option Limit Orders to One Second
November 14, 2008.
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 November
10, 2008, NASDAQ OMX PHLX, Inc.
(‘‘Phlx’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I, II,
and III, below, which Items have been
prepared by the Exchange. 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 Exchange, pursuant to Section
19(b)(1) of the Act 3 and Rule 19b–4
thereunder,4 proposes to amend
Exchange Rule 1080(c) to provide that:
(i) Order Entry Firms 5 may not execute
as principal against orders on the limit
order book they represent as agent
unless such agency orders are first
exposed on the limit order book for at
least one (1) second, or the Order Entry
Firm has been bidding or offering on the
Exchange for at least one (1) second
prior to receiving an agency order that
is executable against such order, and (ii)
Order Entry Firms must expose orders
they represent as agent for at least one
(1) second before such orders may be
automatically executed, in whole or in
part, against orders solicited from
members and non-member brokerdealers to transact with such orders.
The text of the proposed rule change
is available on the Exchange’s Website
at https://www.phlx.com/regulatory/
reg_rulefilings.aspx.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(1).
4 17 CFR 240.19b–4.
5 The term ‘‘Order Entry Firm’’ means a member
organization of the Exchange that is able to route
orders to the Exchange’s AUTOM system. See
Exchange Rule 1080(c)(ii)(A)(1).
2 17
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Agencies
[Federal Register Volume 73, Number 228 (Tuesday, November 25, 2008)]
[Notices]
[Page 71709]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-28046]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Federal Register Citation of Previous Announcement [73 FR 68464,
November 18, 2008].
STATUS: Closed Meeting.
PLACE: 100 F Street, NW., Washington, DC.
DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: November 20, 2008 at 2
p.m.
CHANGE IN THE MEETING: Deletion of an Item.
The following item will not be considered during the Closed Meeting
on Thursday, November 20, 2008:
Consideration of amicus participation.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items. For further information and to
ascertain what, if any, matters have been added, deleted or postponed,
please contact the Office of the Secretary at (202) 551-5400.
Dated: November 20, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-28046 Filed 11-24-08; 8:45 am]
BILLING CODE 8011-01-P