Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94409, that the Securities and Exchange Commission will hold a Closed Meeting on July 17, 2008 at 10 a.m.

Commissioners, Counsel to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the Closed Meeting. Certain staff members who have an interest in the matters 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 matters at the Closed Meeting.

Commissioner Casey, as duty officer, voted to consider the items listed for the Closed Meeting in closed session.

The subject matter of the Closed Meeting scheduled for July 17, 2008 will be:

Formal orders of investigation; institution and settlement of injunctive actio ]]> http://thefederalregister.com/d.p/2008-07-15-E8-16085 Tue, Jul 15 2008 11:00:00 GMT http://thefederalregister.com/d.p/2008-07-15-E8-16059

I. Introduction

On May 14, 2008, the American Stock Exchange LLC (``Amex''), The NASDAQ Stock Market LLC (``Nasdaq''), the New York Stock Exchange LLC (``NYSE''), and NYSE Arca, Inc. (``NYSE Arca'' and together with Amex, Nasdaq, and NYSE, collectively, the ``Exchanges''), through its wholly owned subsidiary, NYSE Arca Equities, Inc. (``NYSE Arca Equities''), each filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b4
[[Page 40644]]
thereunder,\2\ proposed rule changes to amend their respective rules to require a trading halt (``New Trading Halt Rule'') in certain derivative securities products when the respective Exchange becomes aware that the net asset value (``NAV'') and/or disclosed portfolio (``Disclosed Portfolio''),\3\ as applicable, for such derivative securities product is not being disseminated to all market participants at the same time. The proposed rule cha ]]> http://thefederalregister.com/d.p/2008-07-15-E8-16059 Tue, Jul 15 2008 11:00:00 GMT http://thefederalregister.com/d.p/2008-07-15-E8-16060

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b4 thereunder,\2\ notice is hereby given that on June 30, 2008, Chicago Board Options Exchange, Incorporated (``CBOE'' 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 substantially by CBOE. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. \1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b4.
I. SelfRegulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change

CBOE proposes to amend its Fees Schedule to extend through July 31, 2009 the Options Intermarket Linkage (``Linkage'') fees pilot program. The text of the proposed rule change is available at ]]> http://thefederalregister.com/d.p/2008-07-15-E8-16060 Tue, Jul 15 2008 11:00:00 GMT http://thefederalregister.com/d.p/2008-07-15-E8-16061

On May 19, 2008, the Chicago Board Options Exchange, Incorporated (``CBOE'' or ``Exchange'') filed with the Securities and Exchange Commission (``Commission''), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b4 thereunder,\2\ a proposed rule change to amend CBOE Rule 17.50 (Imposition of Fines for Minor Rule Violations) and to revise the provisions of CBOE 17.50(g)(1) (Violations of Position Limits Rules). The proposed rule change was published for comment in the Federal Register on June 5, 2008.\3\ The Commission received no comments regarding the proposal. This order approves the proposed rule change. \1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b4.
\3\ See Securities Exchange Act Release No. 57883 (May 29, 2008), 73 FR 32065.

The proposal would, in connection with any member or customer who exceeds the Exchange's position limit in accordance with CBOE Rule 4.11, increase the fine levels specified in the Minor Rule Vio ]]> http://thefederalregister.com/d.p/2008-07-15-E8-16061 Tue, Jul 15 2008 11:00:00 GMT http://thefederalregister.com/d.p/2008-07-15-E8-15989

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b4 thereunder,\2\ notice is hereby given that on June 18, 2008, Financial Industry Regulatory Authority, Inc. (``FINRA'') (f/k/a National Association of Securities Dealers, Inc. (``NASD'')) 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 substantially prepared by FINRA. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b4.
I. SelfRegulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change

FINRA is proposing to adopt NASD Rule 3013 (Annual Certification of Compliance and Supervisory Processes) and IM3013 (Annual Compliance and Supervision Certification) as a FINRA rule in the consolidated FINRA rulebook without material change and to d ]]> http://thefederalregister.com/d.p/2008-07-15-E8-15989 Tue, Jul 15 2008 11:00:00 GMT