Sunshine Act Meeting Notice, 69158 [E9-31076]

Download as PDF 69158 Federal Register / Vol. 74, No. 249 / Wednesday, December 30, 2009 / Notices certifications issued under E.O. 13490 of January 21, 2009, Ethics Commitments by Executive Branch Personnel. Category of Records ‘‘o’’ records maintained in accordance with E.O. 13490, section 4(e), January 21, 2009. These records include the ethics pledge and all pledge waiver certifications with respect thereto. U.S. Office of Personnel Management. John Berry, Director. [FR Doc. E9–31026 Filed 12–29–09; 8:45 am] BILLING CODE 6325–39–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting Notice 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 29, 2009 at 10 a.m. Commissioners, Counsel to the Commissioners, the Deputy Secretary to the Commission, and recording secretaries will attend the Closed Meeting. Certain staff members who have an interest in the matter 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)(5), (7), 9(B) and (10) and 17 CFR 200.402(a)(5), (7), 9(ii) and (10), permit consideration of the scheduled matter at the Closed Meeting. Commissioner Paredes, as duty officer, voted to consider the item listed for the Closed Meeting in a closed session, and determined that no earlier notice thereof was possible. The subject matter of the Closed Meeting scheduled for Tuesday, December 29, 2009 will be: mstockstill on DSKH9S0YB1PROD with NOTICES [A] matter related to an enforcement proceeding. 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. December 28, 2009. Florence E. Harmon, Deputy Secretary. [FR Doc. E9–31076 Filed 12–28–09; 4:15 pm] 19:01 Dec 29, 2009 [Release No. 34–61221; File No. SR–NSX– 2009–08] Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend NSX Rule 11 Governing Round Lots, Odd Lots and Mixed Lots. December 22, 2009. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’) 1 and Rule 19b–4 thereunder,2 notice is hereby given that on December 17, 2009, National Stock Exchange, Inc. (‘‘NSX’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘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 comment on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of the Substance of the Proposed Rule Change The Exchange is proposing to amend NSX Rules 11.2 and 11.11 governing round, odd and mixed lots. The text of the proposed rule change is available on the Exchange’s Web site at https://www.nsx.com, on the Commission’s Web site at https:// www.sec.gov, at the principal office of the Exchange, and at the Commission’s Public Reference Room. II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange 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. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend NSX Rules 11.2 and 11.11(c)(4) in order 1 15 2 17 BILLING CODE 8011–01–P VerDate Nov<24>2008 SECURITIES AND EXCHANGE COMMISSION Jkt 220001 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00098 Fmt 4703 Sfmt 4703 to clarify the Exchange’s rules regarding round lots, odd lots and fixed lots. The proposed changes are part of an effort to provide clarity with respect to such definitions in the context of an overriding interest in maintaining a fair and orderly market, protecting investors and protecting the public interest. The proposed changes are more fully discussed below. The definitions of ‘‘round lot’’, ‘‘odd lot’’ and ‘‘mixed lot’’ in Rule 11.2 are proposed to be modified in order to clarify their meanings and to conform with common usage and treatment within the financial industry.3 The definition of ‘‘round lot’’ is being modified to mean a normal unit of trading, which is most frequently (but not always) 100 shares. Similarly, the definitions of ‘‘odd lot’’ and ‘‘mixed lot’’ are rephrased for purposes of clarity and transparency. In addition, in proposed Rule 11.11(c)(4), the definition of ‘‘Mixed Lot Order’’ is modified in order to clarify the Exchange’s treatment of the odd lot portion of Mixed Lot Orders. The newly added language in proposed Rule 11.11(c)(4) confirms that Mixed Lot Orders may be entered, and clarifies that the Exchange will treat the odd lot component of a Mixed Lot Order for purposes of order interaction as an Odd Lot Order. This language is intended to clarify for purposes of certainty and transparency how the Exchange treats the odd lot portions of Mixed Lot Orders. Consistent with the new language, the revised rule retains the existing statement that the odd lot components of Mixed Lot Orders are only eligible to be protected quotations if aggregated to form a round lot.4 Providing this clarity with respect to the treatment of the odd lot component of a mixed lot order is consistent with the rules of other markets which specifically provide for the treatment of the odd lot components of mixed lot orders.5 Further, such treatment is consistent with Reg NMS, including Rules 610 and 611, which permit market centers to establish rules for the 3 See FINRA Rule 6320A (‘‘ ‘Normal unit of trading’ means 100 shares of a security unless, with respect to a particular security, FINRA determines that a normal unit of trading shall constitute other than 100 shares’’). 4 The round lot component of a Mixed Lot Order is treated as a round lot order. 5 See NYSE Rule 124 on Odd Lot Orders and Supplementary Material .40 thereto; see also ISE Rule 2105(c)(3) (providing that the odd lot component of a mixed lot order will be treated the same as an odd lot order, i.e., rejected unless it meets certain requirements). E:\FR\FM\30DEN1.SGM 30DEN1

Agencies

[Federal Register Volume 74, Number 249 (Wednesday, December 30, 2009)]
[Notices]
[Page 69158]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-31076]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting Notice

    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 
29, 2009 at 10 a.m.
    Commissioners, Counsel to the Commissioners, the Deputy Secretary 
to the Commission, and recording secretaries will attend the Closed 
Meeting. Certain staff members who have an interest in the matter 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)(5), (7), 9(B) and (10) and 17 CFR 200.402(a)(5), 
(7), 9(ii) and (10), permit consideration of the scheduled matter at 
the Closed Meeting.
    Commissioner Paredes, as duty officer, voted to consider the item 
listed for the Closed Meeting in a closed session, and determined that 
no earlier notice thereof was possible.
    The subject matter of the Closed Meeting scheduled for Tuesday, 
December 29, 2009 will be:

    [A] matter related to an enforcement proceeding.

    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.

    December 28, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-31076 Filed 12-28-09; 4:15 pm]
BILLING CODE 8011-01-P
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