In the Matter of: Amalgamated Explorations, Inc., Areawide Cellular, Inc., Genomed, Inc., Global Maintech Corp., Military Resale Group, Inc., Verado Holdings, Inc., and World Transport Authority, Inc.; Order of Suspension of Trading, 10331-10332 [2010-4801]

Download as PDF erowe on DSK5CLS3C1PROD with NOTICES Federal Register / Vol. 75, No. 43 / Friday, March 5, 2010 / Notices data is collected, market centers could either program their systems to generate the statistics and reports, or transfer the data to a service provider (such as an independent company in the business of preparing such reports or a selfregulatory organization (‘‘SRO’’) that would generate the statistics and reports. The collection of information obligations of Rule 605 apply to all market centers that receive covered orders in national market system securities. The Commission estimates that approximately 408 market centers are subject to the collection of information obligations of Rule 605. Each of these respondents is required to respond to the collection of information on a monthly basis. The Commission staff estimates that, on average, Rule 605 causes respondents to spend 6 hours per month in additional time to collect the data necessary to generate the reports, or 72 hours per year. With an estimated 408 market centers subject to Rule 605, the total data collection cost to comply with the monthly reporting requirement is estimated to be 29,376 hours per year. Rule 606 of Regulation NMS (‘‘Rule 606’’) (17 CFR 242.606), formerly known as Rule 11Ac1–6, requires brokerdealers to prepare and disseminate quarterly order routing reports. Much of the information needed to generate these reports already should be collected by broker-dealers in connection with their periodic evaluations of their order routing practices. Broker-dealers must conduct such evaluations to fulfill the duty of best execution that they owe their customers. The collection of information obligations of Rule 606 apply to brokerdealers that route non-directed customer orders in covered securities. The Commission estimates that out of the currently 5178 broker-dealers that are subject to the collection of information obligations of Rule 606, clearing brokers bear a substantial portion of the burden of complying with the reporting and recordkeeping requirements of Rule 606 on behalf of small to mid-sized introducing firms. There currently are approximately 527 clearing brokers. In addition, there are approximately 2426 introducing brokers that receive funds or securities from their customers. Because at least some of these firms also may have greater involvement in determining where customer orders are routed for execution, they have been included, along with clearing brokers, in estimating the total burden of Rule 606. The Commission staff estimates that each firm significantly involved in order VerDate Nov<24>2008 14:45 Mar 04, 2010 Jkt 220001 routing practices incurs an average burden of 40 hours to prepare and disseminate a quarterly report required by Rule 606, or a burden of 160 hours per year. With an estimated 2953 2 broker-dealers significantly involved in order routing practices, the total burden per year to comply with the quarterly reporting requirement in Rule 606 is estimated to be 472,480 hours. Rule 606 also requires broker-dealers to respond to individual customer requests for information on orders handled by the broker-dealer for that customer. Clearing brokers generally bear the burden of responding to these requests. The Commission staff estimates that an average clearing broker incurs an annual burden of 400 hours (2000 responses × 0.2 hours/response) to prepare, disseminate, and retain responses to customers required by Rule 606. With an estimated 527 clearing brokers subject to Rule 606, the total burden per year to comply with the customer response requirement in Rule 606 is estimated to be 210,800 hours. 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 will have 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. Comments should be directed to Charles Boucher, Director/Chief Information Officer, Securities and Exchange Commission, c/c Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov. Dated: March 1, 2010. Florence E. Harmon, Deputy Secretary. [FR Doc. 2010–4660 Filed 3–4–10; 8:45 am] BILLING CODE 8011–01–P 2 527 clearing brokers + 2426 introducing brokers = 2953. PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 10331 SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of: Amalgamated Explorations, Inc., Areawide Cellular, Inc., Genomed, Inc., Global Maintech Corp., Military Resale Group, Inc., Verado Holdings, Inc., and World Transport Authority, Inc.; Order of Suspension of Trading It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Amalgamated Explorations, Inc. because it has not filed any periodic reports since the period ended March 31, 2000. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Areawide Cellular, Inc. because it has not filed any periodic reports since the period ended September 30, 2002. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Genomed, Inc. because it has not filed any periodic reports since the period ended March 31, 2005. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Global Maintech Corp. because it has not filed any periodic reports since the period ended December 31, 2002. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Military Resale Group, Inc. because it has not filed any periodic reports since the period ended 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 Verado Holdings, Inc. because it has not filed any periodic reports since the period ended September 30, 2001. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of World Transport Authority, Inc. because it has not filed any periodic reports since the period ended March 31, 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 securities of the above- E:\FR\FM\05MRN1.SGM 05MRN1 10332 Federal Register / Vol. 75, No. 43 / Friday, March 5, 2010 / Notices listed companies is suspended for the period from 9:30 a.m. EST on March 3, 2010, through 11:59 p.m. EDT on March 16, 2010. By the Commission. Elizabeth M. Murphy, Secretary. [FR Doc. 2010–4801 Filed 3–3–10; 4:15 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of: Corridor Communications Corp., International Cosmetics Marketing Co., PNV, Inc., Questron Technology, Inc. (n/k/a Quti Corp.), Tapistron International, Inc., Telscape International, Inc. (n/k/a Scapetel Debtor, Inc.), and Universal Beverages Holdings Corp.; Order of Suspension of Trading erowe on DSK5CLS3C1PROD with NOTICES March 3, 2010. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Corridor Communications Corp. because it has not filed any periodic reports since the period ended 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 International Cosmetics Marketing Co. because it has not filed any periodic reports since the period ended March 31, 2003. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of PNV, 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 Questron Technology, Inc. (n/k/a Quti Corp.) because it has not filed any periodic reports since the period ended September 30, 2001. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Tapistron International, Inc. because it has not filed any periodic reports since the period ended April 30, 2001. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Telscape International, Inc. (n/k/a Scapetel VerDate Nov<24>2008 14:45 Mar 04, 2010 Jkt 220001 Debtor, Inc.) because it has not filed any periodic reports since the period ended December 31, 2000. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Universal Beverages Holdings Corp. because it has not filed any periodic reports since the period ended September 30, 2003. 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 securities of the abovelisted companies is suspended for the period from 9:30 a.m. EST on March 3, 2010, through 11:59 p.m. EDT on March 16, 2010. By the Commission. Elizabeth M. Murphy, Secretary. [FR Doc. 2010–4802 Filed 3–3–10; 4:15 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Xtreme Motorsports International, Inc.; Order of Suspension of Trading March 3, 2010. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Xtreme Motorsports International, Inc. (‘‘Xtreme Motorsports’’) because questions have arisen regarding trading in the company’s stock. Xtreme Motorsports is quoted on the Pink Sheets under the symbol ‘‘XTMM.’’ 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 company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EST, on March 3, 2010 through 11:59 p.m. EDT, on March 16, 2010. By the Commission. Florence E. Harmon, Deputy Secretary. BILLING CODE 8011–01–P Frm 00129 Fmt 4703 [Release No. 34–61592; File No. SR–BATS– 2010–002] Self-Regulatory Organizations; Notice of Filing of Proposed Rule Change by BATS Exchange, Inc. to Offer Certain BATS Exchange Data Products February 25, 2010. 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 February 2, 2010, BATS Exchange, Inc. (‘‘BATS’’ or the ‘‘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. On February 22, 2010, BATS filed Amendment No. 1 to the proposed rule change. The Commission is publishing this notice to solicit comments on the proposed rule change, as amended, from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange has filed a proposed rule change to offer certain new Exchange data products to Exchange Members 3 and other market data recipients. In connection with such data products, the Exchange is proposing to amend the fee schedule applicable to Members and non-members of the Exchange pursuant to BATS Rules 15.1(a) and (c). The Exchange will implement the proposed rule change on the first day of the month immediately following Commission approval (or on the date of approval, if on the first business day of a month). The text of the proposed rule change is available on the Exchange’s Web site at https://www.batstrading.com, 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 1 15 [FR Doc. 2010–4803 Filed 3–3–10; 4:15 pm] PO 00000 SECURITIES AND EXCHANGE COMMISSION Sfmt 4703 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 A Member is any registered broker or dealer that has been admitted to membership in the Exchange. 2 17 E:\FR\FM\05MRN1.SGM 05MRN1

Agencies

[Federal Register Volume 75, Number 43 (Friday, March 5, 2010)]
[Notices]
[Pages 10331-10332]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-4801]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of: Amalgamated Explorations, Inc., Areawide 
Cellular, Inc., Genomed, Inc., Global Maintech Corp., Military Resale 
Group, Inc., Verado Holdings, Inc., and World Transport Authority, 
Inc.; Order of Suspension of Trading

    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Amalgamated Explorations, Inc. because it has not filed any periodic 
reports since the period ended March 31, 2000.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Areawide Cellular, Inc. because it has not filed any periodic reports 
since the period ended September 30, 2002.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Genomed, Inc. because it has not filed any periodic reports since the 
period ended March 31, 2005.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Global Maintech Corp. because it has not filed any periodic reports 
since the period ended December 31, 2002.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Military Resale Group, Inc. because it has not filed any periodic 
reports since the period ended 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 
Verado Holdings, Inc. because it has not filed any periodic reports 
since the period ended September 30, 2001.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
World Transport Authority, Inc. because it has not filed any periodic 
reports since the period ended March 31, 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 securities of the above-

[[Page 10332]]

listed companies is suspended for the period from 9:30 a.m. EST on 
March 3, 2010, through 11:59 p.m. EDT on March 16, 2010.

    By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010-4801 Filed 3-3-10; 4:15 pm]
BILLING CODE 8011-01-P
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