Federal Register / Vol. 72, No. 41 / Friday, March 2, 2007 / Notices 9599 

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

2 17 CFR 240.19b–4. 

registration statement or by any other 

means, unless applicants have requested 

and received with respect to such new 

series, either exemptive relief from the 

Commission or a no-action position 

from the Division of Investment 

Management of the Commission. 

2. The Trust’s prospectus and the 

Product Description clearly disclose 

that, for purposes of the Act, Nasdaq100 Shares are issued by the Trust and 

that the acquisition of Nasdaq-100 

Shares by investment companies is 

subject to the restrictions of section 

12(d)(1) of the Act, except as permitted 

by an exemptive order that permits 

registered investment companies to 

invest in the Trust beyond the limits of 

Section 12(d)(1)(A), subject to certain 

terms and conditions, including that the 

investment company enter into an 

agreement with the Trust regarding the 

terms of the investment. 

3. As long as the Trust operates in 

reliance on the requested order, the 

Nasdaq-100 Shares will be listed on an 

Exchange. 

4. The website for the Trust, which 

will be publicly accessible at no charge, 

will contain the following information, 

on a per Nasdaq-100 Share basis, for the 

Trust: (a) The prior Business Day’s NAV 

and the reported closing price, and a 

calculation of the premium or discount 

of such price against such NAV; and (b) 

data in chart format displaying the 

frequency distribution of discounts and 

premiums of the daily closing price 

against the NAV, within appropriate 

ranges, for each of the four previous 

calendar quarters. In addition, the 

Product Description for the Trust will 

state that the website for the Trust has 

information about premiums and 

discounts at which the Nasdaq-100 

Shares have traded. 

5. The prospectus and annual report 

for the Trust will also include: (a) The 

information listed in condition 4(b), (i) 

in the case of the prospectus, for the 

most recently completed year (and the 

most recently completed quarter or 

quarters, as applicable) and (ii) in the 

case of the annual report, for the 

immediately preceding five years, as 

applicable; and (b) the following data, 

calculated on a per Nasdaq-100 Share 

basis for one-, five- and ten-year periods 

(or life of the Trust), (i) the cumulative 

total return and the average annual total 

return based on NAV and closing price, 

and (ii) the cumulative total return of 

the Index. 

6. Before the Trust may rely on the 

order, the Commission will have 

approved pursuant to rule 19b–4 under 

the Exchange Act, an Exchange rule 

requiring Exchange members and 

member organizations effecting 

transactions in Nasdaq-100 Shares to 

deliver a Product Description to 

purchasers of Nasdaq-100 Shares. 

For the Commission, by the Division of 

Investment Management, pursuant to 

delegated authority. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–3677 Filed 3–1–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release Nos. 33–8782, 34–55350; File No. 

4–532] 

Roundtable on International Financial 

Reporting Standards ‘‘Roadmap’’

AGENCY: Securities and Exchange 

Commission. 

ACTION: Notice of roundtable meeting. 

SUMMARY: On Tuesday, March 6, 2007 

the Securities and Exchange 

Commission will hold a roundtable 

discussion on the ‘‘roadmap’’ regarding 

International Financial Reporting 

Standards (IFRS). The roadmap 

describes the path toward eliminating 

the need for non-U.S. companies to 

reconcile to U.S. GAAP financial 

statements they prepare pursuant to 

IFRS issued by the International 

Accounting Standards Board in filings 

with the Commission. The subject 

matter of the roundtable will be the 

effect on the capital raising process in 

the U.S. capital markets with respect to 

the roadmap, the effect on investors in 

the U.S. capital markets with respect to 

the roadmap, and the effect on issuers 

in the U.S capital markets with respect 

to the roadmap. Representative(s) of the 

following have been invited to 

participate: Issuers, investors, securities 

counsel, underwriters, credit rating 

agencies, stock exchanges, academia, 

and audit firms. 

The roundtable will take place at the 

Commission’s headquarters at 100 F 

Street, NE., Auditorium, Room L–002, 

Washington, DC at 10 a.m. The public 

is invited to observe the roundtable 

discussions. Seating is available on a 

first-come, first-serve basis. 

FOR FURTHER INFORMATION CONTACT: 

Katrina Kimpel at (202) 551–5313. 

Dated: February 26, 2007. 

By the Commission. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–3645 Filed 3–1–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55352; File No. SR–NYSE–

2006–71] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing of Proposed Rule Change To 

List and Trade Nine Series of 

Exchange-Traded Notes of Barclays 

Bank PLC Linked to the Performance 

of Sub-Indices of the Dow Jones—AIG 

Commodity IndexSM

February 26, 2007. 

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

Securities Exchange Act of 1934 (the 

‘‘Exchange Act’’),1 and Rule 19b–4 

thereunder,2 notice is hereby given that 

on February 20, 2007, the New York 

Stock Exchange LLC (‘‘Exchange’’ or 

‘‘NYSE’’) filed with the Securities and 

Exchange Commission (‘‘Commission’’) 

the proposed rule changes as described 

in Items I, II, and III below, which items 

have been substantially prepared by the 

Exchange. The Commission is 

publishing this notice to solicit 

comments on the proposed rule changes 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The NYSE proposes to list and trade 

nine series of Exchange-Traded Notes of 

Barclays Bank PLC (‘‘Barclays’’) linked 

to the performance of sub-indices of the 

Dow Jones—AIG Commodity Index SM. 

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 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 

NYSE has prepared summaries, set forth 

in Sections A, B and C below, of the 

most significant aspects of such 

statements. 

The text of the proposed rule change 

is available at the NYSE, the 

Commission’s Public Reference Room, 

and http://www.nyse.com. 


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