The Federal Register

Exemption of Certain Foreign Brokers or Dealers

Tue, Jul 8 2008 11:00:00 GMT

The Securities and Exchange Commission (``Commission'' or ``SEC'') is proposing to amend a rule under the Securities Exchange Act of 1934 (``Exchange Act''), which provides conditional exemptions from brokerdealer registration for foreign entities engaged in certain activities involving certain U.S. investors. To reflect increasing internationalization in securities markets and advancements in technology and communication services, the proposed amendments would update and expand the scope of certain exemptions for foreign entities, consistent with the Commission's mission to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation.

Proposed Collection; Comment Request

Tue, Jul 8 2008 11:00:00 GMT

Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 205490213.

Extension:

Rule 19b1, SEC File No. 270312, OMB Control No. 32350354.

Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 35013520), the Securities and Exchange Commission (``Commission'') is soliciting comments on the collection of information summarized below. The Commission plans to submit the existing collection of information to the Office of Management and Budget (``OMB'') for extension and approval.

Section 19(b) of the Investment Company Act of 1940 (the ``Act'') (15 U.S.C. 80a19(b)) authorizes the Commission to regulate registered investment company (``fund'') distributions of longterm capital gains made more frequently than once every twelve months. Rule 19b1 under the Act \1\ prohibits funds from distributing longterm capital gains more than once every twelve months unless certain conditions

Submission for OMB Review; Comment Request

Tue, Jul 8 2008 11:00:00 GMT

Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 205490213.
Extension: Rule 236, OMB Control No. 32350095, SEC File No. 270 118.

Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (``Commission'') has submitted to the Office of Management and Budget the request for extension of the previously approved collection of information discussed below.

Rule 236 (17 CFR 230.236) under the Securities Act of 1933 (``Securities Act'') (15 U.S.C. 77a et seq.) requires issuers choosing to rely on an exemption from Securities Act registration for the issuance of fractional shares, scrip certificates or order forms, in connection with a stock dividend, stock split, reverse stock split, conversion, merger or similar transaction, to furnish specified information to the Commission in writing at least 10 days prior to the offering

Submission for OMB Review; Comment Request

Tue, Jul 8 2008 11:00:00 GMT

Upon written request, copies available from: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 205490213.
Extension: Regulation ST; OMB Control No. 32350424; SEC File No. 270375

Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (``Commission'') has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below.

Regulation ST (17 CFR 232.10232.313 and 232.401232.402 and 232.501) sets forth the general rules and regulations for electronic filings. Registrants who have to file electronically are the likely respondents. Regulation ST is only assigned one burden hour for administrative convenience because it does not directly impose any information collection requirements. The electronic filing requirement is mandatory for all companies required to file electronically. All informa

Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a Proposed Rule Change

Tue, Jul 8 2008 11:00:00 GMT

June 27, 2008.

I. Introduction

On September 12, 2007, The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') proposed rule change SRDTC200712 pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'').\1\ Notice of the proposal was published in the Federal Register on November 1, 2007.\2\ One comment letter was received. For the reasons discussed below, the Commission is granting approval of the proposed rule change. \1\ 15 U.S.C. 78s(b)(1).
\2\ Securities Exchange Act Release No. 56706 (October 26, 2007). 72 FR 61923.

II. Description

The proposed rule change allows DTC to open an omnibus account at Euroclear Bank NA/SV (``ECB'') in order to facilitate the repositioning of inventory between European markets and U.S. markets. This would enable more efficient inventory positioning by participants of DTC and ECB as needed in order to settle securities at ECB and at DTC.

The rule change is designed to accommodate

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 2 to Proposed Rule Change Relating

Tue, Jul 8 2008 11:00:00 GMT

June 30, 2008.

I. Introduction

On March 18, 2008, NYSE Arca, Inc. (``NYSE Arca'' or the ``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 NYSE Arca Equities, Inc. (``NYSE Arca Equities'') Rule 10.12 (Minor Rule Plan) (``MRP'') and related rules that underlie the MRP. On April 17, 2008, the Exchange submitted Amendment No. 1 to the proposed rule change. The proposed rule change, as amended, was published for comment in the Federal Register on April 29, 2008.\3\ The Commission received no comments on the proposal. On June 11, 2008, the Exchange filed Amendment No. 2 to the proposed rule change.\4\ This notice and order solicits comments from interested persons on Amendment No. 2 and approves the proposal, as modified by Amendment No. 2, on an accelerated basis.
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b4.
\3\

Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed

Tue, Jul 8 2008 11:00:00 GMT

June 26, 2008.

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ notice is hereby given that on June 5, 2008, the Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change described in Items I, II, and III below, which items have been prepared primarily by DTC. DTC filed the proposal pursuant to Section 19(b)(3)(A)(iii) of the Act \2\ and Rule 19b4(f)(4) \3\ thereunder so that the proposal was effective upon filing with the Commission. The Commission is publishing this notice to solicit comments on the rule change from interested parties.
\1\ 15 U.S.C. 78s(b)(1).
\2\ 15 U.S.C. 78s(b)(3)(A)(iii).
\3\ 17 CFR 240.19b4(f)(4).
I. SelfRegulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change

The purpose of the rule change is to establish an alternate choice in DTC Surety Providers.
II. SelfRegulatory Organization's Statement of the Purpose of, and Stat