The Federal Register

Concept Release on Possible Revisions to the Disclosure Requirements Relating to Oil and Gas Reserves

Tue, Dec 18 2007 11:00:00 GMT

The Commission is publishing this Concept Release to obtain information about the extent and nature of the public's interest in revising oil and gas reserves disclosure requirements which exist in their current form in Regulation SK and Regulation SX under the Securities Act of 1933 and the Securities Exchange Act of 1934. The Commission adopted the current oil and gas reserves disclosure requirements between 1978 and 1982. In the decades that have passed since the adoption of these rules, there have been significant changes in the oil and gas industry. Some commentators have expressed concern that the Commission's rules have not adapted to current practices and may not provide investors with the most useful picture of oil and gas reserves public companies hold.

Options Price Reporting Authority; Notice of Filing and Order Approving on a Temporary Basis Not To Exceed 120 Days a

Tue, Dec 18 2007 11:00:00 GMT

December 12, 2007.

I. Introduction

Pursuant to section 11A of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given that on October 9, 2007, the Options Price Reporting Authority (``OPRA'') submitted to the Securities and Exchange Commission (``Commission'') an amendment to the Plan for Reporting of Consolidated Options Last Sale Reports and Quotation Information (``OPRA Plan'').\3\ The proposed amendment would amend various provisions of the OPRA Plan in order to reflect the elimination of the separate fees for access to market data concerning Foreign Currency Options (``FCOs'') that currently apply to certain FCOs traded on the Phlx. The OPRA Fee Schedule would similarly be revised to reflect the elimination of the separate FCO service access fees. On November 14, 2007, OPRA submitted Amendment No. 1 to the proposal.\4\ On December 11, 2007, OPRA submitted a revised version of Exhibit II to Amendment No. 1 to the proposal, which it requested b

Options Price Reporting Authority; Notice of Filing and Immediate Effectiveness of Proposed Amendment To Revise OPRA's

Tue, Dec 18 2007 11:00:00 GMT

December 12, 2007.

Pursuant to Section 11A of the Securities Exchange Act of 1934 (``Act'')\1\ and Rule 608 thereunder,\2\ notice is hereby given that on October 16, 2007 the Options Price Reporting Authority (``OPRA'') submitted to the Securities and Exchange Commission (``Commission'') an amendment to the Plan for Reporting of Consolidated Options Last Sale Reports and Quotation Information (``OPRA Plan'').\3\ Specifically, OPRA proposes to revise the devicebased professional subscriber fees charged by OPRA in respect of its Basic Service. Similarly, the proposal would make a conforming change to OPRA's Enterprise Rate Professional Subscriber Fee (``Enterprise Rate''). On November 14, 2007, OPRA submitted a revised Exhibit I, which it requested be substituted for the Exhibit I attached to the original filing.\4\ On December 11, 2007, OPRA submitted a further revised Exhibit I, which it asked be substituted for the Exhibit I submitted on November 14, 2007.\5\ The Commission is publishing t

Program for Allocation of Regulatory Responsibilities Pursuant to Rule 17d-2; Order Approving and Declaring Effective

Tue, Dec 18 2007 11:00:00 GMT

December 11, 2007

On October 30, 2007, the American Stock Exchange LLC (``Amex''), the Boston Stock Exchange, Inc. (``BSE''), the Chicago Board Options Exchange, Incorporated (``CBOE''), the International Securities Exchange, LLC (``ISE''), Financial Industry Regulatory Authority, Inc. (``FINRA''), NYSE Arca, Inc. (``NYSE Arca''), and the Philadelphia Stock Exchange, Inc. (``Phlx'') (collectively, ``Participants'') filed with the Securities and Exchange Commission (``Commission''), pursuant to Section 17(d) of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 17d2 thereunder,\2\ a proposed plan for the allocation of regulatory responsibilities (``Plan'').\3\ The Plan was published for comment on November 9, 2007.\4\ The Commission received no comments on the Plan. This order approves and declares effective the Plan. \1\ 15 U.S.C. 78q(d).
\2\ 17 CFR 240.17d2.
\3\ See infra Section II (describing the proposed Plan). \4\ See Securities Exchange Act Release No. 56731 (Nove

In the Matter of: Avitech Life Sciences, Inc.; Order of Suspension of Trading

Tue, Dec 18 2007 11:00:00 GMT

December 14, 2007.

It appears to the Securities and Exchange Commission that the market for the securities of Avitech LifeSciences, Inc. (``Avitech,'' trading symbol AVLF), may be reacting to manipulative forces or deceptive practices and that there is insufficient current public information about the issuer upon which an informed investment decision may be made, particularly concerning (1) the identity of and prior securities fraud judgments against persons who appear to be involved in the offer and sale of Avitech shares; (2) the financial performance and business prospects of Avitech; and (3) offerings to foreign investors and any restrictions on the resale of shares.

The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the abovelisted company.

Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted company is suspended for t

In the Matter of: Green Machine Development Corp.; Order of Suspension of Trading

Tue, Dec 18 2007 11:00:00 GMT

December 14, 2007.

It appears to the Securities and Exchange Commission that the market for the securities of Green Machine Development Corp. (``Green Machine,'' trading symbol GMVP), may be reacting to manipulative forces or deceptive practices and that there is insufficient current public information about the issuer upon which an informed investment decision may be made, particularly concerning (1) the identity of and prior securities fraud judgments against persons who appear to be involved in the offer and sale of Green Machine shares; (2) the financial performance and business prospects of Green Machine; and (3) offerings to foreign investors and any restrictions on the resale of shares.

The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the abovelisted company.

Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted com

In the Matter of: Xiiva Holdings Inc.; Order of Suspension of Trading

Tue, Dec 18 2007 11:00:00 GMT

December 14, 2007.

It appears to the Securities and Exchange Commission that the market for the securities of Xiiva Holdings, Inc. (``Xiiva,'' trading symbol XIVAF), may be reacting to manipulative forces or deceptive practices and that there is insufficient current public information about the issuer upon which an informed investment decision may be made, particularly concerning (1) the identity of and prior securities fraud judgments against persons who appear to be involved in the offer and sale of
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Xiiva shares; (2) the financial performance and business prospects of Xiiva; and (3) offerings to foreign investors and any restrictions on the resale of shares.

The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the abovelisted company.

Therefore, it is ordered, pursuant to section 12(k) of the Securities Exchange Act of 1934, that trading in the abovelisted company is suspended f

Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate

Tue, Dec 18 2007 11:00:00 GMT

December 12, 2007.

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 November 29, 2007, the Chicago Board Options Exchange, Incorporated (``Exchange'' or ``CBOE'') 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 the Exchange. The Exchange filed the proposal as a ``non controversial'' proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \3\ and Rule 19b4(f)(6) thereunder.\4\ 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.
\3\ 15 U.S.C. 78s(b)(3)(A)(iii).
\4\ 17 CFR 240.19b4(f)(6).
I. SelfRegulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change

The CBOE proposes to amend CBOE Rule 8.3A pertainin

Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed

Tue, Dec 18 2007 11:00:00 GMT

December 11, 2007.

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 November 30, 2007, The NASDAQ Stock Market LLC (``Nasdaq'') 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 Nasdaq. Pursuant to Section 19(b)(3)(A)(ii) of the Act \3\ and Rule 19b4(f)(2)\4\ thereunder, Nasdaq has designated this proposal as establishing or changing a member due, fee, or other charge, which renders the proposed rule change effective immediately upon filing.
\1\ 15 U.S.C. 78s(b)(1).
\2\ 7 CFR 240.19b4.
\3\ 5 U.S.C. 78s(b)(3)(A)(ii).

\4\ 7 CFR 240.19b4(f)(2).

The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.
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I. SelfRegulatory Organization's Statement of the Terms of Substance of the Propose

Self-Regulatory Organizations; Philadelphia Stock Exchange, Inc.; Order Granting Approval of a Proposed Rule Change

Tue, Dec 18 2007 11:00:00 GMT

December 10, 2007.

I. Introduction

On August 16, 2007, the Philadelphia Stock Exchange, Inc. (``Phlx'') filed with the Securities and Exchange Commission (``Commission'') proposed rule change SRPhlx200763 pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'').\1\ On September 20, 2007, Phlx amended the proposed rule change.\2\ Notice of the proposal was published in the Federal Register on October 3, 2007.\3\ No comment letters were 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\ Amendment No. 1, which replaced the original proposed rule change in its entirety, made clarifying changes to the original proposed rule change.
\3\ Securities Exchange Act Release No. 56541 (September 26, 2007), 72 FR 56427 (October 3, 2007) (Phlx200763).

II. Description

The proposed rule change conforms Phlx Rule 786 to rule changes made by other selfregulatory organizations (``SROs'') to i