Sunshine Act; Public Hearing, 12584 [2010-5663]
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12584
Federal Register / Vol. 75, No. 50 / Tuesday, March 16, 2010 / Notices
Dated: March 11, 2010.
Rochelle C. Bavol,
Office of the Secretary.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–61677; File No. SR–FINRA–
2009–054]
[FR Doc. 2010–5792 Filed 3–12–10; 11:15 am]
BILLING CODE 7590–01–P
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing of
Proposed Rule Change, as Modified by
Amendment No. 1, To Extend Certain
Regulation NMS Protections to
Quoting and Trading in the Market for
OTC Equity Securities
OVERSEAS PRIVATE INVESTMENT
CORPORATION
Sunshine Act; Public Hearing
March 17, 2010.
OPIC’s Sunshine Act notice of its
Public Hearing in Conjunction with
each Board meeting was published in
the Federal Register (Volume 75,
Number 38, Page 9004) on February 26,
2010. No requests were received to
provide testimony or submit written
statements for the record; therefore,
OPIC’s public hearing scheduled for 3
p.m., March 17, 2010 in conjunction
with OPIC’s March 31, 2010 Board of
Directors meeting has been cancelled.
Contact Person for Information:
Information on the hearing cancellation
may be obtained from Connie M. Downs
at (202) 336–8438, via facsimile at (202)
218–0136, or via e-mail at
Connie.Downs@opic.gov.
Dated: March 10, 2010.
Connie M. Downs,
OPIC Corporate Secretary.
[FR Doc. 2010–5663 Filed 3–12–10; 11:15 am]
BILLING CODE 3210–01–P
OVERSEAS PRIVATE INVESTMENT
CORPORATION
Sunshine Act; Public Hearing
sroberts on DSKD5P82C1PROD with NOTICES
March 17, 2010.
OPIC’s Sunshine Act notice of its
Annual Public Hearing meeting was
published in the Federal Register
(Volume 75, Number 38, Pages 9004 and
9005) on February 26, 2010. No requests
were received to provide testimony or
submit written statements for the
record; therefore, OPIC’s annual public
hearing scheduled for 2 p.m. on March
17, 2010 has been cancelled.
Contact Person for Information:
Information on the hearing cancellation
may be obtained from Connie M. Downs
at (202) 336–8438, via facsimile at (202)
218–0136, or via e-mail at
Connie.Downs@opic.gov.
Dated: March 10, 2010.
Connie M. Downs,
OPIC Corporate Secretary.
March 9, 2010.
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 August 7,
2009, the Financial Industry Regulatory
Authority, Inc. (‘‘FINRA’’) 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 FINRA. The proposed rule
change was subsequently amended by
FINRA on March 1, 2010. 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
FINRA is proposing Amendment No.
1 to SR–FINRA–2009–054, a proposed
rule change to adopt new FINRA Rules
6434 (Minimum Pricing Increment for
OTC Equity Securities), 6437
(Prohibition from Locking or Crossing
Quotations in OTC Equity Securities),
6450 (Restrictions on Access Fees) and
6460 (Display of Customer Limit
Orders). The text of the proposed rule
change is available on FINRA’s Web site
at https://www.finra.org, at the principal
office of FINRA 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,
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.
[FR Doc. 2010–5665 Filed 3–12–10; 11:15 am]
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A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Rule Filing History
On August 7, 2009, FINRA filed with
the SEC SR–FINRA–2009–054, a
proposed rule change to adopt new
FINRA rules to extend certain
Regulation NMS protections to quoting
and trading in over-the-counter equity
securities.3 On August 26, 2009, the
Commission published for comment the
proposed rule change in the Federal
Register and received twelve comment
letters.4 Based on comments received,
FINRA is filing this Amendment No. 1
to respond to the comments received
and to propose amendments, where
appropriate.
Proposal
As described in the Proposing
Release, FINRA proposes to adopt rules
to: (1) Restrict sub-penny quoting; (2)
restrict locked and crossed markets; (3)
implement a cap on access fees; and (4)
require the display of customer limit
orders. FINRA believes that these
Regulation NMS principles, if applied to
over-the-counter equity securities (‘‘OTC
3 See Securities Exchange Act Release No. 60515
(August 17, 2009), 74 FR 43207 (August 26, 2009)
(Notice of Filing File No. SR–FINRA–2009–054)
(‘‘Proposing Release’’).
4 Letter from Ann L. Vlcek, Managing Director
and Associate General Counsel, Securities Industry
and Financial Markets Association, to Elizabeth M.
Murphy, Secretary, SEC, dated October 13, 2009
(‘‘SIFMA’’); Letter from Christopher Nagy, Managing
Director Order Strategy, TD Ameritrade, Inc., to
Elizabeth M. Murphy, Secretary, SEC, dated
October 6, 2009 (‘‘TD Ameritrade’’); Letters from R.
Cromwell Coulson, Chief Executive Officer, Pink
OTC Markets Inc., to Elizabeth M. Murphy,
Secretary, SEC, dated September 23, 2009 (‘‘Pink1’’)
and January 6, 2010 (‘‘Pink2’’); Letter from Janet M.
Kissane, Senior Vice President, Legal & Corporate
Secretary, NYSE Euronext, to Nancy M. Morris,
Secretary, SEC, dated September 23, 2009
(‘‘ArcaEdge’’); Letter from William Assatly, Sr. Vice
President, Trading, Mercator Associates, to
Elizabeth M. Murphy, Secretary, SEC, dated
September 16, 2009 (‘‘Mercator’’); Letter from
Leonard J. Amoruso, General Counsel, and Michael
T. Carrao, Chief Compliance Officer, Knight Capital
Group, Inc., to Elizabeth M. Murphy, Secretary,
SEC, dated September 16, 2009 (‘‘Knight’’); Letter
from Elaine M. Kaven, Chief Compliance Officer,
StockCross Financial Services, Inc., to Florence H.
Harmon, Deputy Secretary, SEC, dated September
16, 2009 (‘‘StockCross’’); Letters from Kimberly
Unger, Executive Director, Security Traders
Association of New York, Inc., to Elizabeth M.
Murphy, Secretary, SEC, dated September 14, 2009
(‘‘STANY1) and September 16, 2009 (‘‘STANY2’’);
Letter from Daniel Kanter, President, and Craig
Carlino, Chief Compliance Officer, Monroe
Securities, Inc., to Elizabeth M. Murphy, Secretary,
SEC, dated September 16, 2009 (‘‘Monroe’’); and
Letter from Anonymous dated September 1, 2009.
(available at https://www.sec.gov/comments/sr-finra2009–054/finra2009054.shtml).
E:\FR\FM\16MRN1.SGM
16MRN1
Agencies
[Federal Register Volume 75, Number 50 (Tuesday, March 16, 2010)]
[Notices]
[Page 12584]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-5663]
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OVERSEAS PRIVATE INVESTMENT CORPORATION
Sunshine Act; Public Hearing
March 17, 2010.
OPIC's Sunshine Act notice of its Public Hearing in Conjunction
with each Board meeting was published in the Federal Register (Volume
75, Number 38, Page 9004) on February 26, 2010. No requests were
received to provide testimony or submit written statements for the
record; therefore, OPIC's public hearing scheduled for 3 p.m., March
17, 2010 in conjunction with OPIC's March 31, 2010 Board of Directors
meeting has been cancelled.
Contact Person for Information: Information on the hearing
cancellation may be obtained from Connie M. Downs at (202) 336-8438,
via facsimile at (202) 218-0136, or via e-mail at
Connie.Downs@opic.gov.
Dated: March 10, 2010.
Connie M. Downs,
OPIC Corporate Secretary.
[FR Doc. 2010-5663 Filed 3-12-10; 11:15 am]
BILLING CODE 3210-01-P