Joint Industry Plan; Notice of Filing and Immediate Effectiveness of an Amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols To Add the International Securities Exchange, LLC as a Party Thereto, 74538-74539 [E8-28958]
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74538
Federal Register / Vol. 73, No. 236 / Monday, December 8, 2008 / Notices
request for extension of the previously
approved collection of information
discussed below.
Rule 498 of the Securities Act of 1933
(17 CFR 230.498) permits open-end
management investment companies (or
a series of an investment company
organized as a series company, which
offers one or more series of shares
representing interests in separate
investment portfolios) (‘‘funds’’) to
provide investors with a ‘‘profile’’ that
contains a summary of key information
about a fund, including the fund’s
investment objectives, strategies, risks
and performance, and fees, in a
standardized format. The profile
provides investors the option of buying
fund shares based on the information in
the profile or reviewing the fund’s
prospectus before making an investment
decision. Investors purchasing shares
based on a profile receive the fund’s
prospectus prior to or with confirmation
of their investment in the fund.
Consistent with the filing requirement
of a fund’s prospectus, a profile must be
filed with the Commission thirty days
before first use. Such a filing allows the
Commission to review the profile for
compliance with Rule 498. Compliance
with the rule’s standardized format
assists investors in evaluating and
comparing funds.
It is estimated that approximately 16
initial profiles and 274 updated profiles
are filed with the Commission annually.
The Commission estimates that each
profile contains on average 1.25
portfolios, resulting in 20 portfolios
filed annually on initial profiles and 343
portfolios filed annually on updated
profiles. The number of burden hours
for preparing and filing an initial profile
per portfolio is 25. The number of
burden hours for preparing and filing an
updated profile per portfolio is 10. The
total burden hours for preparing and
filing initial and updated profiles under
Rule 498 is 3,930, representing an
increase of 749 hours from the prior
estimate of 3,181. The increase in
burden hours is attributable to the
higher number of profiles actually
prepared and filed as compared to the
previous estimates.
The estimates of average burden hours
are made solely for the purposes of the
Act and are not derived from a
comprehensive or even representative
survey or study of the cost of
Commission rules and forms.
The collection of information under
Rule 498 is required to obtain a benefit.
The information provided by Rule 498
is not kept confidential. An agency may
not conduct or sponsor, and a person is
not required to respond to, a collection
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of information unless it displays a
currently valid control number.
Please direct general comments
regarding the above information to the
following persons: (i) Desk Officer for
the Securities and Exchange
Commission, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503
or e-mail to: nfraser@omb.eop.gov; and
(ii) Lewis W. Walker, Acting Director/
CIO, 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. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 1, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28909 Filed 12–5–08; 8:45 am]
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SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
business issuers under the Securities
Exchange Act of 1934 (15 U.S.C. 78l,
78m, 78n, 78o(d)). Regulation S–B is
assigned one burden hour for
administrative convenience. Regulation
S–B will expire on March 15, 2009.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by 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 Lewis W. Walker, Acting Director/
CIO, Securities and Exchange
Commission, C/O Shirley Martinson,
6432 General Green Way, Alexandria,
Virginia 22312; or send an e-mail to:
PRA_Mailbox@sec.gov.
Dated: December 1, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28953 Filed 12–5–08; 8:45 am]
Extension:
Regulation S–B, OMB Control No. 3235–
00417, SEC File No. 270–370.
BILLING CODE 8011–01–P
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’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Regulation S–B (17 CFR 228.10,
228.101–228.103, 228.201–228.202,
228.303–228.308, 228.310, 228.401–
228.407, 228.501–228.512, 228.601,
228.701–228.703) specifies the nonfinancial disclosure requirements
applicable to registration statements
under the Securities Act of 1933 (15
U.S.C. 77a et seq.) and registration
statements under Section 12, annual
and other reports under Section 13 and
15(d), going-private transaction
statements under Section 13, tender
offer statements under Section 13 and
14, annual reports to security holders
and proxy and information statements
under Section 14 and any other
documents required to be filed by small
SECURITIES AND EXCHANGE
COMMISSION
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[Release No. 34–59024; File No. 4–533]
Joint Industry Plan; Notice of Filing
and Immediate Effectiveness of an
Amendment to the National Market
System Plan for the Selection and
Reservation of Securities Symbols To
Add the International Securities
Exchange, LLC as a Party Thereto
November 26, 2008.
Pursuant to Section 11A(a)(3) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 608 thereunder,2
notice is hereby given that on November
18, 2008, the International Securities
Exchange, LLC (‘‘ISE’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) an
amendment to the National Market
System Plan for the Selection and
Reservation of Securities Symbols
(‘‘Symbology Plan’’ or ‘‘Plan’’).3 The
1 15
U.S.C. 78k–1(a)(3).
CFR 242.608.
3 On November 6, 2008, the Commission
approved the Symbology Plan that was originally
2 17
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Federal Register / Vol. 73, No. 236 / Monday, December 8, 2008 / Notices
amendment proposes to add ISE as a
party to the Symbology Plan. The
Commission is publishing this notice to
solicit comments on the proposed
amendment from interested persons.
to, and perfect the mechanisms of, a
national market system or otherwise in
furtherance of the purposes of the Act.
I. Description and Purpose of the
Amendment
The current parties to the Symbology
Plan are CHX, Nasdaq, FINRA, NSX,
and Phlx. The proposed amendment to
the Symbology Plan would add ISE as
a party to the Symbology Plan. A selfregulatory organization (‘‘SRO’’) may
become a party to the Symbology Plan
if it satisfies the requirements of Section
I(c) of the Plan. Specifically, an SRO
may become a party to the Symbology
Plan if: (i) It maintains a market for the
listing or trading of Plan Securities,4 in
accordance with rules approved by the
Commission, which securities are
identified by one, two, three, four, or
five character symbols; (ii) it signs a
current copy of the Plan; and (iii) it pays
to the other parties a proportionate
share of the aggregate development
costs, based upon the number of
symbols reserved by the new party
during the first twelve (12) months of
such party’s membership.
ISE has submitted a signed copy of
the Symbology Plan to the Commission
in accordance with the requirement set
forth in the Symbology Plan regarding
new parties to the plan.
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the amendment is
consistent with the Act. Comments may
be submitted by any of the following
methods:
mstockstill on PROD1PC66 with NOTICES
II. Effectiveness of the Proposed
Symbology Plan Amendment
The foregoing proposed Symbology
Plan amendment has become effective
pursuant to Rule 608(b)(3)(iii) 5 because
it involves solely technical or
ministerial matters. At any time within
sixty days of the filing of this
amendment, the Commission may
summarily abrogate the amendment and
require that it be refiled pursuant to
paragraph (b)(1) of Rule 608,6 if it
appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors or the maintenance of fair and
orderly markets, to remove impediments
proposed by the Chicago Stock Exchange, Inc.
(‘‘CHX’’), The Nasdaq Stock Market, Inc.
(‘‘Nasdaq’’), National Association of Securities
Dealers, Inc. (‘‘NASD’’) (n/k/a Financial Industry
Regulatory Authority, Inc. (‘‘FINRA’’)),4 National
Stock Exchange, Inc. (‘‘NSX’’), and Philadelphia
Stock Exchange, Inc. (‘‘Phlx’’), subject to certain
changes. See Securities Exchange Act Release No.
58904, 73 FR 67218 (November 13, 2008) (File No.
4–533).
4 ‘‘Plan Securities’’ are defined in the Symbology
Plan as securities that: (i) Are NMS securities as
currently defined in Rule 600(a)(46) under the Act;
and (ii) any other equity securities quoted, traded
and/or trade reported through an SRO facility.
5 17 CFR 242.608(b)(3)(iii).
6 17 CFR 242.608(b)(1).
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III. Solicitation of Comments
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 4–533 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 4–533. 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
Room, 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 4–533 and
should be submitted on or before
December 29, 2008.
PO 00000
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28958 Filed 12–5–08; 8:45 am]
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SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Tuesday, December 9, 2008 at 2 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Walter, as duty officer,
voted to consider the items listed for the
Closed Meeting in closed session.
The subject matter of the Closed
Meeting scheduled for Tuesday,
December 9, 2008 will be:
Formal orders of investigation;
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings of an
enforcement nature;
Consideration of amicus participation;
and
Other matters relating to enforcement
proceedings.
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: December 2, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28885 Filed 12–5–08; 8:45 am]
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CFR 200.30–3(a)(12).
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Agencies
[Federal Register Volume 73, Number 236 (Monday, December 8, 2008)]
[Notices]
[Pages 74538-74539]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-28958]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-59024; File No. 4-533]
Joint Industry Plan; Notice of Filing and Immediate Effectiveness
of an Amendment to the National Market System Plan for the Selection
and Reservation of Securities Symbols To Add the International
Securities Exchange, LLC as a Party Thereto
November 26, 2008.
Pursuant to Section 11A(a)(3) of the Securities Exchange Act of
1934 (``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given
that on November 18, 2008, the International Securities Exchange, LLC
(``ISE'' or ``Exchange'') filed with the Securities and Exchange
Commission (``Commission'') an amendment to the National Market System
Plan for the Selection and Reservation of Securities Symbols
(``Symbology Plan'' or ``Plan'').\3\ The
[[Page 74539]]
amendment proposes to add ISE as a party to the Symbology Plan. The
Commission is publishing this notice to solicit comments on the
proposed amendment from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78k-1(a)(3).
\2\ 17 CFR 242.608.
\3\ On November 6, 2008, the Commission approved the Symbology
Plan that was originally proposed by the Chicago Stock Exchange,
Inc. (``CHX''), The Nasdaq Stock Market, Inc. (``Nasdaq''), National
Association of Securities Dealers, Inc. (``NASD'') (n/k/a Financial
Industry Regulatory Authority, Inc. (``FINRA'')),4
National Stock Exchange, Inc. (``NSX''), and Philadelphia Stock
Exchange, Inc. (``Phlx''), subject to certain changes. See
Securities Exchange Act Release No. 58904, 73 FR 67218 (November 13,
2008) (File No. 4-533).
---------------------------------------------------------------------------
I. Description and Purpose of the Amendment
The current parties to the Symbology Plan are CHX, Nasdaq, FINRA,
NSX, and Phlx. The proposed amendment to the Symbology Plan would add
ISE as a party to the Symbology Plan. A self-regulatory organization
(``SRO'') may become a party to the Symbology Plan if it satisfies the
requirements of Section I(c) of the Plan. Specifically, an SRO may
become a party to the Symbology Plan if: (i) It maintains a market for
the listing or trading of Plan Securities,\4\ in accordance with rules
approved by the Commission, which securities are identified by one,
two, three, four, or five character symbols; (ii) it signs a current
copy of the Plan; and (iii) it pays to the other parties a
proportionate share of the aggregate development costs, based upon the
number of symbols reserved by the new party during the first twelve
(12) months of such party's membership.
---------------------------------------------------------------------------
\4\ ``Plan Securities'' are defined in the Symbology Plan as
securities that: (i) Are NMS securities as currently defined in Rule
600(a)(46) under the Act; and (ii) any other equity securities
quoted, traded and/or trade reported through an SRO facility.
---------------------------------------------------------------------------
ISE has submitted a signed copy of the Symbology Plan to the
Commission in accordance with the requirement set forth in the
Symbology Plan regarding new parties to the plan.
II. Effectiveness of the Proposed Symbology Plan Amendment
The foregoing proposed Symbology Plan amendment has become
effective pursuant to Rule 608(b)(3)(iii) \5\ because it involves
solely technical or ministerial matters. At any time within sixty days
of the filing of this amendment, the Commission may summarily abrogate
the amendment and require that it be refiled pursuant to paragraph
(b)(1) of Rule 608,\6\ if it appears to the Commission that such action
is necessary or appropriate in the public interest, for the protection
of investors or the maintenance of fair and orderly markets, to remove
impediments to, and perfect the mechanisms of, a national market system
or otherwise in furtherance of the purposes of the Act.
---------------------------------------------------------------------------
\5\ 17 CFR 242.608(b)(3)(iii).
\6\ 17 CFR 242.608(b)(1).
---------------------------------------------------------------------------
III. Solicitation of Comments
Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the 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 rule-comments@sec.gov. Please include
File Number 4-533 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 4-533. 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 Room, 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 4-533
and should be submitted on or before December 29, 2008.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-28958 Filed 12-5-08; 8:45 am]
BILLING CODE 8011-01-P