SECURITIES AND EXCHANGE COMMISSION(Release No. 34-58877; File No. SR-NYSE-2008-108)October 29, 2008Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and ImmediateEffectiveness of a Proposed Rule Change for a Six-Month Pilot Program to Establish a NewClass of NYSE Market Participants That Will Be Referred to as “Supplemental LiquidityProviders” (“SLPs”) and Will Be Designated as Exchange Rule 107BPursuant to Section 19(b)(1)
of the Securities Exchange Act of 1934 (the “Act”)
and Rule19b-4 thereunder,
notice is hereby given that on October 24, 2008, New York Stock ExchangeLLC (“NYSE” or the “Exchange”) filed with the Securities and Exchange Commission (the“Commission”) the proposed rule change as described in Items I and II below, which Items havebeen prepared by the self-regulatory organization. The Commission is publishing this notice tosolicit comments on the proposed rule change from interested persons.I.
Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed RuleChangeThe Exchange proposes a six-month pilot program (“Pilot” or “program”) to establish anew class of NYSE market participants that will be referred to as “Supplemental LiquidityProviders” (“SLPs”) and will be designated as Exchange Rule 107B.The text of the proposed rule change is available at NYSE,www.nyse.com, and theCommission’s Public Reference Room.II.
Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, theProposed Rule ChangeIn its filing with the Commission, the self-regulatory organization included statementsconcerning the purpose of, and basis for, the proposed rule change and discussed any comments it
15 U.S.C. 78s(b)(1).
15 U.S.C. 78a.
17 CFR 240.19b-4.