75572 Federal Register / Vol. 69, No. 242 / Friday, December 17, 2004 / Notices 

1 15 U.S.C. 78s(b)(1).

2 17 CFR 240.19b–4.

3Amendment No. 1 superseded and replaced the 

proposed rule change in its entirety.

4 15 U.S.C. 78s(b)(3)(A)(iii).

5 17 CFR 240.19b–4(f)(6).

6See Rule 7.1, commentary .02 of the rules of the 

Pacific Exchange.

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

Aimsi Technologies, Inc.; Order of 

Suspension of Trading 

December 15, 2004. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Aimsi 

Technologies, Inc. (‘‘AIMT’’) because of 

questions regarding the accuracy of 

statements made by AIMT to the public 

in press releases and in fax tout sheets 

concerning, among other things, Aimsi’s 

contract with China Global Distribution 

Corp. for the distribution of Aimsi’s 

Automatic Large Area Remote Mapper. 

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 above-listed 

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 the 

period from 9:30 a.m. EST, on December 

15, 2004 through 11:59 p.m. EST, on 

December 29, 2004.

By the Commission. 

Margaret H. McFarland, 

Deputy Secretary.

[FR Doc. 04–27767 Filed 12–15–04; 1:39 pm] 

BILLING CODE 8010–01–P

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–50834; File No. SR–BSE–

2004–55] 

Self-Regulatory Organizations; Notice 

of Filing and Immediate Effectiveness 

of Proposed Rule Change and 

Amendment No. 1 Thereto by the 

Boston Stock Exchange, Inc. Relating 

to Trading Hours for Options Contracts 

Overlying the Nasdaq 100 Index 

Trading Stock on the Boston Options 

Exchange 

December 10, 2004. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on December 

1, 2004, the Boston Stock Exchange, Inc. 

(‘‘BSE’’ 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 Exchange. On December 3, 2004, 

the Exchange filed Amendment No. 1 to 

the proposed rule change.3 The 

Exchange filed the proposal, as 

amended, as a ‘‘non-controversial’’

proposed rule change pursuant to 

Section 19(b)(3)(A)(iii) of the Act 4 and 

Rule 19b–4(f)(6) thereunder.5 The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change, as amended, from interested 

persons.

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend a 

section of the Boston Options Exchange 

(‘‘BOX’’) rules regarding the hours 

during which options transactions may 

be made on BOX. The text of the 

proposed rule change, as amended, is 

set forth below. 

Proposed new language is in italics.

* * * * *

CHAPTER V. DOING BUSINESS ON 

BOX 

Sec. 1–2 No Change 

Sec. 3 Days and Hours of Business 

(a) No change. 

(b) Except for unusual conditions as 

may be determined by the Board, hours 

during which transactions in options on 

individual stocks may be made on BOX 

shall correspond to the normal business 

days and hours for business set forth in 

the rules of the primary market trading 

the securities underlying BOX options; 

provided, however, that transactions 

may be effected in an options class on 

BOX until two (2) minutes after the 

primary market on which the 

underlying security trades closes for 

trading. (See BSE Rules Chapter I–B, 

‘‘Business Hours’’, Section 1, ‘‘Primary 

Session’’). Notwithstanding the 

foregoing, transactions may be effected 

in options contracts overlying the 

Nasdaq 100 Index Trading Stock on 

BOX until 4:15 p.m.

(c) No change.

* * * * *

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of, and statutory 

basis for, the proposed rule change and 

discussed any comments it received on 

the proposed rule change. The text of 

these statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in Sections A, B, and C below, 

of the most significant aspects of such 

statements.

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to permit the 

hours during which options contracts 

overlying the Nasdaq 100 Index Trading 

Stock (the ‘‘Index Trading Stock’’) may 

be made on BOX to remain unchanged 

after the Index Trading Stock lists on 

the Nasdaq Stock Market (‘‘Nasdaq’’) 

beginning December 1, 2004. Prior to 

December 1, 2004, the Index Trading 

Stock was listed on the American Stock 

Exchange and trading in the options 

contracts overlying the Index Trading 

Stock traded on BOX until 4:15 p.m. 

Eastern Time. 

Currently, Chapter V, Section 3(b) of 

BOX’s rules provides that hours during 

which transactions in options on 

individual stocks may be made on BOX 

shall correspond to the normal business 

days and hours for business set forth in 

the rules of the primary market trading 

the securities underlying BOX options; 

provided, however, that transactions 

may be effected in an options class on 

BOX until two (2) minutes after the 

primary market on which the 

underlying security trades closes for 

trading. Because Nasdaq will trade the 

Index Trading Stock until 4 p.m. Eastern 

Time, under its current rules, BOX can 

only trade in the options contracts 

overlying the Index Trading Stock until 

4:02 p.m. Eastern Time. 

BOX Market Makers have requested 

that BOX consider maintaining the 

status quo, and allow trading in options 

contracts overlying the Index Trading 

Stock to continue until 4:15 p.m. 

Eastern Time. The rules of other options 

exchanges currently provide for trading 

in these options contracts to continue 

until this time.6 BOX believes the 

investment community would benefit 

from maintaining continuity and 

consistency in the marketplace. As a 

result, the Exchange proposes to amend 

Chapter V, Section 3(b) of BOX’s rules 

to allow trading in options contracts 

overlying the Index Trading Stock to 

continue until 4:15 p.m. Eastern Time.