63056 Federal Register / Vol. 71, No. 208 / Friday, October 27, 2006 / Notices 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 27753 

(March 1, 1990), 55 FR 8626 (March 8, 1990) (SR–

Amex–89–29). 

4 17 CFR 240.19b–4(e). 

5See Securities Exchange Act Release No. 51258 

(February 25, 2005), 70 FR 10700 (March 4, 2005) 

(SR–Amex–2005–001). 

6The Exchange may submit a rule filing pursuant 

to section 19(b)(2) of the Act to permit the listing 

and trading of index linked securities that do not 

otherwise meet the generic listing criteria set forth 

in Section 107D. 

Applicant acknowledges that any such 

order will not extend to New Jefferies 

Group, or any person of which New 

Jefferies Group is or becomes an 

affiliated person. Applicant states that 

Mr. Jefferies died in 2001. 

3. Applicant states that the 

prohibitions of section 9(a) as applied to 

it would be unduly and 

disproportionately severe. Applicant 

states that none of the persons involved 

in the conduct underlying the 1987 

Injunction was or is a director, officer, 

or employee of ITG. Applicant also 

states that it has not been the subject of 

any other injunction or any disciplinary 

proceeding brought by the Commission, 

any state securities regulator, or any 

self-regulatory organization. Applicant 

further states that New Jefferies Group 

has no ownership interest in ITG, ITG 

has no ownership interest in New 

Jefferies Group, and the two entities are 

independent enterprises. 

By the Commission. 

Nancy M. Morris, 

Secretary. 

[FR Doc. E6–17997 Filed 10–26–06; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Public Law 94–409, that 

the Securities and Exchange 

Commission will hold the following 

meeting during the week of October 30, 

2006: 

A Closed Meeting will be held on 

Thursday, November 2, 2006 at 2 p.m. 

Commissioners, Counsels 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. 

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. 

Commissioner Casey, as duty officer, 

voted to consider the items listed for the 

closed meeting in closed session. 

The subject matters of the Closed 

Meeting scheduled for Thursday, 

November 2, 2006 will be: 

formal orders of investigation; 

institution and settlement of injunctive 

actions; 

institution and settlement of 

administrative proceedings of an 

enforcement nature; 

adjudicatory matters; and 

other matters relating to enforcement 

proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. 

For further information and to 

ascertain what, if any, matters have been 

added, deleted or postponed, please 

contact: 

The Office of the Secretary at (202) 

551–5400. 

Dated: October 25, 2006. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 06–8963 Filed 10–25–06; 3:44 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–54629; File No. SR–Amex–

2006–88] 

Self-Regulatory Organizations; 

American Stock Exchange LLC; Notice 

of Filing of Proposed Rule Change 

Relating to Amendments to the 

Exchange’s Generic Listing Standards 

for Index-Linked Securities 

October 19, 2006. 

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 

September 20, 2006, 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, II, and III below, which Items 

have been prepared by the Exchange. 

The Commission is publishing this 

notice to solicit comments on the 

proposed rule change from interested 

persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend to 

Section 107D(b) of the Amex Company 

Guide to extend the maximum duration 

of index-linked securities (‘‘IndexLinked Securities’’) from ten (10) years 

to thirty (30) years. The text of the 

proposed rule change is available on the 

Amex’s Web site at http:// 

www.amex.com, the Office of the 

Secretary of the Amex and at the 

Commission’s Public Reference Room. 

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 

Amex included statements concerning 

the purpose of and 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 Amex 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 

Pursuant to Section 107A of the Amex 

Company Guide, the Exchange may 

approve for listing and trading securities 

that cannot be readily categorized under 

the listing criteria for common and 

preferred securities, bonds, debentures, 

or warrants.3 In February 2005, the 

Commission approved the Exchange’s 

proposal to add Section 107D to the 

Amex Company Guide for the purpose 

of adopting generic listing standards 

pursuant to Rule 19b–4(e) 4 in 

connection with Index-Linked 

Securities.5

The Exchange states that Section 

107D of the Amex Company Guide 

currently sets forth eleven (11) criteria 

that the issue and the issuer must meet 

in order to list and trade Index-Linked 

Securities at the Exchange.6 One of the 

criteria the Exchange considers for the 

listing and trading of Index-Linked 

Securities pursuant to 107D is that the 

term of the issue must be a minimum 

term of one (1) year but not greater than 

(10) years. The Exchange currently 

proposes to amend Section 107D(b) to 

extend the duration of the term of the 

issue from ten (10) years to thirty (30) 

years. The Exchange believes this 

amendment to Section 107D is 

appropriate due to increased demand 

from issuers to list and trade IndexLinked Securities that are greater than 

ten (10) years in duration. In addition, 

the Exchange notes that corporate bonds 


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