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    <title>The Federal Register</title>
    <link>http://thefederalregister.com/b.p/agency/Securities_and_Exchange_Commission/2005-11-23/</link>
    <description>Daily Publications of Meetings and Rules Changes for the Federal Government</description>
    <pubDate>Sun, Nov 23 2008 11:00:00 GMT</pubDate>
    <lastBuildDate>Sun, Nov 23 2008 11:00:00 GMT</lastBuildDate>
    <webMaster>info@thefederalregister.com</webMaster>
    <item>
  <title><![CDATA[
Sunshine Act Meeting ]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-05-23250</link>
  <description><![CDATA[
</p><p>    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Pub. L. 94409, that the Securities and 
Exchange Commission will hold the following meetings during the week of  November 28, 2005:</p><p>    An Open Meeting will be held on Tuesday, November 29, 2005 at 10 
a.m. in Room L002, the Auditorium, and a Closed Meeting will be  held on Wednesday, November 30, 2005 at 10 a.m.</p><p>    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 may also be  present.</p><p>    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),(3), (5), (7), (9)(B), and (10) and 17 CFR 
200.402(a), (3), (5), (7), 9(ii) and (10) permit consideration of the  scheduled matters at the Closed Meeting.</p><p>    Commissioner Atkins, as duty officer, voted to consider the items 
listed<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-05-23250</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; American Stock Exchange LLC;  Notice of Filing and Order Granting Accelerated Approval]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6447</link>
  <description><![CDATA[ November 16, 2005.</p><p>    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 24, 2005, the American Stock Exchange LLC (``Amex'' or 
``Exchange'') filed with the Securities and Exchange Commission 
(``Commission'') the proposed rule change as described in Items I and 
II below, which Items have been prepared by the Amex. On August 17, 
2005, the Amex filed Amendment No. 1 to the proposed rule change.\3\ On 
September 13, 2005, the Amex filed Amendment No. 2 to the proposed rule 
change.\4\ On September 28, 2005, the Amex filed Amendment No. 3 to the 
proposed rule change.\5\ On September 30, 2005, the Amex filed 
Amendment No. 4 to the proposed rule change.\6\ The Commission is 
publishing this notice to solicit comments on the proposed rule change, 
as amended, from interested persons and is approving the proposal on an  accelerated basis.<br/>     \1\ 15 U.S.C. 78s(b)(1).<br/>     \2\ 17 CFR 240.19b4.<br/>
    \3\ Amendment No.<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6447</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; American Stock Exchange LLC; Order  Approving Proposed Rule Change and Amendment No. 1]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6448</link>
  <description><![CDATA[ November 16, 2005.</p><p>    On August 27, 2004, the American Stock Exchange LLC (``Amex'') 
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 
eliminate Commentary .01(5) to Amex Rule 916 (``Commentary .01(5)''). 
The proposal would permit the opening of new option series on an 
underlying security previously approved for Amex option transactions 
when the issuer of the underlying security has failed to timely file 
reports required by the Act and has not corrected such failure within 
30 days after the due date of the report. On September 26, 2005, Amex 
amended the proposal to replace the term ``national market system 
security'' with the term ``NMS stock'' in its rules for consistency  with Regulation NMS.\3\<br/>     \1\ 15 U.S.C. 78s(b)(1).<br/>     \2\ 17 CFR 240.19b4.<br/>
    \3\ In Amendment No. 1, Amex proposed to amend Amex Rule 915(a) 
and Commentary .01(6) to A<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6448</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; Chicago Board Options Exchange,  Incorporated; Order Approving Proposed Rule Change and]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6449</link>
  <description><![CDATA[ November 16, 2005.</p><p>    On July 1, 2004, the Chicago Board Options Exchange, Incorporated 
(``Exchange'' or ``CBOE'') 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 delete Interpretation and 
Policy .01(e) to CBOE Rule 5.4 (``Interpretation .01(e)''). The 
proposal would permit the opening of new option series on an underlying 
security previously approved for CBOE option transactions when the 
issuer of the underlying security has failed to timely file reports 
required by the Act and has not corrected such failure within 30 days 
after the due date of the report. On September 21, 2005, CBOE amended 
the proposal to replace the term ``national market system security'' 
with the term ``NMS stock'' in its rules for consistency with 
Regulation NMS.\3\ The proposed rule change, as amended, was published 
for comment in the Federal Register on October 12<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6449</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; The Depository Trust Company;  Order Granting Approval of a Proposed Rule Change]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6458</link>
  <description><![CDATA[ November 16, 2005.</p>
<h3>I. Introduction</h3>
<p>    On July 27, 2005, The Depository Trust Company (``DTC'') filed with 
the Securities and Exchange Commission (``Commission'') proposed rule 
change SRDTC200508 pursuant to section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'').\1\ On August 30, 2005, DTC amended the 
proposed rule change. Notice of the proposal was published in the 
Federal Register on September 26, 2005.\2\ No comment letters were 
received. For the reasons discussed below, the Commission is granting  approval of the proposed rule change.<br/>     \1\ 15 U.S.C. 78s(b)(1).<br/>
    \2\ Securities Exchange Act Release No. 52471, (September 19,  2005), 70 FR 56196.</p>
<h3>II. Description</h3>
<p>    The proposed rule change will allow participants of DTC and 
participants of The Canadian Depository for Securities Limited 
(``CDS'') (i) to clear and settle securities transactions in Canadian 
dollars and (ii) to transfer or receive Canadian dollars without any [[Page 70903]]<br/>
corresponding delivery or receipt of securiti<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6458</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; National Association of Securities  Dealers, Inc.; Order Approving Proposed Rule Change]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6455</link>
  <description><![CDATA[ November 16, 2005.</p>
<h3>I. Introduction</h3>
<p>    On January 28, 2005, the National Association of Securities 
Dealers, Inc. (``NASD''), through its subsidiary, The Nasdaq Stock 
Market, Inc. (``Nasdaq''), 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 limit the eligibility for 
quotation on the OvertheCounter Bulletin Board (``OTCBB'') of the 
securities of an issuer that is repeatedly late or otherwise delinquent 
in filing required periodic reports.\3\ Nasdaq submitted Amendment No. 
1 to this filing on May 10, 2005.\4\ Nasdaq submitted Amendment No. 2 
to this filing on June 24, 2005.\5\ Nasdaq submitted Amendment No. 3 to 
this filing on August 15, 2005.\6\ The proposed rule change, as 
amended, was published for comment in the Federal Register on August 
24, 2005.\7\ The Commission received one comment letter on the 
proposal.\8\ Nasdaq \9\ and the NASD \<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6455</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; National Association of Securities  Dealers, Inc.; Notice of Filing of Proposed Rule]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6457</link>
  <description><![CDATA[ November 17, 2005.</p>
<h3>Correction</h3>
<p>    In FR Document No. E56306, beginning on page 69614 for Wednesday, 
November 16, 2005, in the first sentence of the first paragraph of the  Notice the date should read March 10, 2004.</p><p>    For the Commission, by the Division of Market Regulation,  pursuant to delegated authority.\1\<br/>     \1\ 17 CFR 200.303(a)(12).<br/> Jonathan G. Katz,<br/> Secretary.<br/>  [FR Doc. E56457 Filed 112205; 8:45 am]<br/>
BILLING CODE 801001P
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6457</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
</item>
<item>
  <title><![CDATA[
Self-Regulatory Organizations; The Options Clearing Corporation;  Notice of Filing of Proposed Rule Change To Establish]]></title>
  <link>http://thefederalregister.com/d.p/2005-11-23-E5-6456</link>
  <description><![CDATA[ November 16, 2005.</p><p>    Pursuant to section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act''),\1\ notice is hereby given that on November 5, 2003, The 
Options Clearing Corporation (``OCC'') filed with the Securities and 
Exchange Commission (``Commission'') and on August 18, 2004, amended 
\2\ the proposed rule change as described in Items I, II, and III 
below, which items have been prepared by OCC. The Commission is 
publishing this notice to solicit comments on the proposed rule change  from interested parties.<br/>     \1\ 15 U.S.C. 78s(b)(1).<br/>
    \2\ Letter from William H. Navin, Executive Vice President,  General Counsel, and Secretary, OCC (August 17, 2005).<br/>
I. SelfRegulatory Organization's Statement of the Terms of Substance  of the Proposed Rule Change</p><p>    OCC is seeking to establish gross negligence as its comprehensive 
standard of care and limitation of liability with respect to its  clearing members.\3\<br/>
    \3\ OCC's proposed rule change would not affect the regulatory 
standards (e.g., sect<script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2005-11-23-E5-6456</guid>
  <pubDate>Wed, Nov 23 2005 11:00:00 GMT</pubDate>
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