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42140 Federal Register / Vol. 71, No.

142 / Tuesday, July 25, 2006 / Notices

and Exchange Commission Alexandria, Virginia 22312, or send an of backtesting exceptions identified
(‘‘Commission’’) is soliciting comments e-mail to: pursuant to Appendix F of Rule 15c3–
on the collections of information July 14, 2006. 1 (17 CFR 240.15c3–1f).
summarized below. The Commission Nancy M. Morris, Compliance with the Rule is
plans to submit these existing mandatory. The Commission will
collections of information to the Office generally not publish or make available
[FR Doc. E6–11790 Filed 7–24–06; 8:45 am]
of Management Budget for extension to any person notice or reports received
and approval. pursuant to Rule 17a–11. The
Form T–6 (17 CFR 269.9) is a Commission believes that information
statement of eligibility and qualification obtained under Rule 17a–11 relates to a
for a foreign corporate trustee under the condition report prepared for the use of
Trust Indenture Act of 1939 (15 U.S.C. the Commission, other federal
77aaa et seq.). Form T–6 provides the Proposed Collection; Comment governmental authorities, and securities
basis for determining if a trustee is Request industry self-regulatory organizations
qualified. Form T–6 takes responsible for the regulation or
approximately 17 burden hours per Upon written request, copies available
from: Securities and Exchange supervision of financial institutions.
response and is filed by 1 respondent.
We estimate that 25% of the 17 total Commission, Office of Filings and Only broker-dealers whose capital
burden hours (4 hours) is prepared by Information Services, Washington, DC declines below certain specified levels
the filer. The remaining 75% of burden 20549. or who are otherwise experiencing
hours is prepared by outside counsel. Extension: Rule 17a–11; SEC File No. 270– financial or operational problems have a
Form 11–K (17 CFR 249.311) is the 94; OMB Control No. 3235–0085. reporting burden under Rule 17a–11. In
annual report designed for use by 2005, the Commission received
Notice is hereby given that pursuant
employee stock purchase, savings and approximately 600 notices under this
to the Paperwork Reduction Act of 1995
similar plans. Form 11–K provides Rule. The Commission did not receive
(44 U.S.C. 3501 et seq.), the Securities
employees with financial information so any Rule 17a–11 notices from OTC
and Exchange Commission
that they can assess the performance of derivatives dealers or broker-dealers
(‘‘Commission’’) is soliciting comments
the investment vehicle in which their that are permitted to compute net
on the collection of information
money is invested. Form 11–K takes capital pursuant to Appendix E to
summarized below. The Commission
approximately 30 burden hours per Exchange Act Rule 15c3–1.
plans to submit this existing collection
response and is filed by 2,000 of information to the Office of Each broker-dealer reporting pursuant
respondents for total of 60,000 burden Management and Budget for extension to Rule 17a–11 will spend
hours. and approval. approximately one hour preparing and
Form 144 (17 CFR 239.144) is used to In response to an operational crisis in transmitting the notice required by the
report the sale of securities during any the securities industry between 1967 rule. Accordingly, the total estimated
three-month period that exceeds 500 and 1970, the Securities and Exchange annualized burden under Rule 17a–11 is
shares or other units or has an aggregate Commission (‘‘Commission’’) adopted 600 hours.
sales price in excess of $10,000. Form Rule 17a–11 (17 CFR 240.17a–11) under Written comments are invited on: (a)
144 operates in conjunction with Rule the Securities Exchange Act of 1934 (15 Whether the proposed collection of
144. Form 144 takes approximately 2 U.S.C. 78a et seq.) (‘‘Exchange Act’’) on information is necessary for the proper
burden hours per response and is filed July 11, 1971. The Rule requires broker- performance of the functions of the
by 60,500 respondents for a total of dealers that are experiencing financial agency, including whether the
121,000 total burden hours. or operational difficulties to provide information has practical utility; (b) the
Written comments are invited on: (a) notice to the Commission, the broker- accuracy of the agency’s estimate of the
Whether these proposed collections of dealer’s designated examining authority burden of the proposed collection of
information are necessary for the proper (‘‘DEA’’), and the Commodity Futures information; (c) ways to enhance the
performance of the functions of the Trading Commission (‘‘CFTC’’) if the quality, utility, and clarity of the
agency, including whether the broker-dealer is registered with the information to be collected; and (d)
information will have practical utility; CFTC as a futures commission ways to minimize the burden of the
(b) the accuracy of the agency’s estimate merchant. Rule 17a–11 is an integral
of the burden imposed by the collection of information on
part of the Commission’s financial respondents, including through the use
collections of information; (c) ways to responsibility program which enables
enhance the quality, utility, and clarity of automated collection techniques or
the Commission, a broker-dealer’s DEA,
of the information collected; and (d) other forms of information technology.
and the CFTC to increase surveillance of
ways to minimize the burden of the Consideration will be given to
a broker-dealer experiencing difficulties
collections of information on comments and suggestions submitted in
and to obtain any additional
respondents, including through the use writing within 60 days of this
information necessary to gauge the
of automated collection techniques or publication.
broker-dealer’s financial or operational
other forms of information technology. condition. Comments should be directed to: R.
Consideration will be given to Rule 17a–11 also requires over-the- Corey Booth, Director/Chief Information
comments and suggestions submitted in counter (‘‘OTC’’) derivatives dealers and Officer, Securities and Exchange
writing within 60 days of this broker-dealers that are permitted to Commission, c/o Shirley Martinson,
publication. compute net capital pursuant to 6432 General Green Way, Alexandria,
sroberts on PROD1PC70 with NOTICES

Please direct your written comments Appendix E to Exchange Act Rule 15c3– VA 22312, or by e-mail to
to R. Corey Booth, Director/Chief 1 to notify the Commission when their Comments must
Information Officer, Securities and tentative net capital drops below certain be submitted to the Office of
Exchange Commission, C/O Shirley levels. OTC derivatives dealers must Management and Budget within 60 days
Martinson, 6432 General Green Way, also provide notice to the Commission of this notice.

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Federal Register / Vol. 71, No. 142 / Tuesday, July 25, 2006 / Notices 42141

Dated: July 17, 2006. Sections A, B, and C below, of the most members and other persons using
Nancy M. Morris, significant aspects of such statements. exchange facilities.
A. Self-Regulatory Organization’s B. Self-Regulatory Organization’s
[FR Doc. E6–11791 Filed 7–24–06; 8:45 am] Statement of the Purpose of, and Statement on Burden on Competition
BILLING CODE 8010–01–P Statutory Basis for, the Proposed Rule The Exchange believes that the
Change proposed rule change does not impose
SECURITIES AND EXCHANGE 1. Purpose any burden on competition that is not
COMMISSION necessary or appropriate in furtherance
The Amex is proposing to extend for of the purposes of the Act.
[Release No. 34–54161; File No. SR–Amex– one (1) year until July 31, 2007, the
2006–62] current pilot program establishing C. Self-Regulatory Organization’s
Exchange fees for Principal Orders (‘‘P Statement on Comments on the
Self-Regulatory Organizations; Orders’’) and Principal Acting as Agent Proposed Rule Change Received From
American Stock Exchange LLC; Notice Orders (‘‘P/A Orders’’) submitted Members, Participants or Others
of Filing and Order Granting through the Linkage and executed on No written comments were solicited
Accelerated Approval of Proposed the Exchange. The fees in connection or received with respect to the proposed
Rule Change To Extend the Linkage with the pilot program are scheduled to rule change.
Fee Pilot Program expire on July 31, 2006.3
III. Solicitation of Comments
July 17, 2006. The current fees applicable to P
Pursuant to Section 19(b)(1) of the Orders and P/A Orders executed on the Interested persons are invited to
Securities Exchange Act of 1934 (the Exchange are as follows: (i) $0.10 per submit written data, views and
‘‘Act’’),1 and Rule 19b–4 thereunder,2 contract side options transaction fee for arguments concerning the foregoing,
notice is hereby given that on June 28, equity options (exchange traded fund including whether the proposed rule
2006, the American Stock Exchange LLC share (‘‘ETF’’) options, QQQQ options change is consistent with the Act.
(‘‘Amex’’ or ‘‘Exchange’’) filed with the and trust issued receipt options); (ii) Comments may be submitted by any of
Securities and Exchange Commission $0.21 per contract side options the following methods:
(‘‘Commission’’) the proposed rule transaction fee for index options Electronic Comments
change as described in Items I and II (including MNX and NDX options); (iii)
below, which Items have been $0.05 per contract side options • Use the Commission’s Internet
substantially prepared by the Exchange. comparison fee; (iv) $0.05 per contract comment form (
The Commission is publishing this side options floor brokerage fee; and (v) rules/sro.shtml); or
• Send an e-mail to rule-
notice to solicit comments on the an options licensing fee for certain ETF Please include File
proposed rule change from interested and index option products ranging from
Number SR–Amex–2006–62 on the
persons and is approving the proposal $0.20 per contract side to $0.05 per
subject line.
on an accelerated basis for a pilot period contract side depending on the
through July 31, 2007. particular ETF or index option.4 These Paper Comments
are the same fees charged to specialists • Send paper comments in triplicate
I. Self-Regulatory Organization’s
and registered option traders (‘‘ROTs’’) to Nancy M. Morris, Secretary,
Statement of the Terms of Substance of
for transactions executed on the Securities and Exchange Commission,
the Proposed Rule Change
Exchange. The Exchange does not 100 F Street, NE., Washington, DC
The Exchange proposes to extend for charge for the execution of Satisfaction 20549–1090.
one (1) year until July 31, 2007, the Orders sent through the Linkage.
current pilot program regarding All submissions should refer to File
As was the case in the original pilot Number SR–Amex–2006–62. This file
transaction fees for trades executed program and subsequent extensions, the
through the intermarket options linkage number should be included on the
Exchange believes that the existing fees subject line if e-mail is used. To help the
(the ‘‘Linkage’’) on the Exchange. The currently charged to Exchange
text of the proposed rule change is Commission process and review your
specialists and ROTs should also apply comments more efficiently, please use
available on the Amex’s Web site at to executions resulting from Linkage
(, at the Amex’s only one method. The Commission will
Orders. post all comments on the Commission’s
Office of the Secretary, and at the
Based on the experience to date, the Internet Web site (
Commission’s Public Reference Room.
Exchange believes that an extension of rules/sro.shtml). Copies of the
II. Self-Regulatory Organization’s the pilot program for one (1) year until submission, all subsequent
Statement of the Purpose of, and July 31, 2007 is appropriate. amendments, all written statements
Statutory Basis for, the Proposed Rule with respect to the proposed rule
2. Statutory Basis
Change change that are filed with the
In its filing with the Commission, The Exchange believes that the Commission, and all written
Amex included statements concerning proposed rule change is consistent with communications relating to the
the purpose of, and basis for, the Section 6(b)(4) of the Act 5 regarding the proposed rule change between the
proposed rule change and discussed any equitable allocation of reasonable dues, Commission and any person, other than
comments it received on the proposed fees and other charges among exchange those that may be withheld from the
rule change. The text of these statements public in accordance with the
may be examined at the places specified 3 See Securities Exchange Act Release No. 52150 provisions of 5 U.S.C. 552, will be
sroberts on PROD1PC70 with NOTICES

(July 28, 2005), 70 FR 44703 (August 3, 2005) available for inspection and copying in
in Item III below. The Exchange has (Amex File No. 2005–079).
prepared summaries, set forth in 4 See the Options Licensing Fee section of the
the Commission’s Public Reference
Amex Options Fee Schedule available at http:// Room. Copies of the filing also will be
1 15 U.S.C. 78s(b)(1). available for inspection and copying at
2 17 CFR 240.19b–4. 5 15 U.S.C. 78f(b)(4). the principal office of the Exchange. All

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