10288 Federal Register / Vol. 72, No. 44 / Wednesday, March 7, 2007 / Notices 

12 15 U.S.C. 78s(b)(3)(A)(ii). 

13 17 CFR 240.19b–4(f)(2). 

14For purposes of calculating the 60-day period 

within which the Commission may summarily 

abrogate the proposed rule change, the Commission 

considers the period to commence on February 28, 

2007, the date on which the Exchange filed 

Amendment No. 1. 

15 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 55121 

(January 18, 2007), 72 FR 3186. 

4Amendment No. 3 made minor clarifying 

changes to Commentary .04 to Phlx Rule 1080. 

5See Securities Exchange Act Release No. 50100 

(July 27, 2004), 69 FR 46612 (August 3, 2004) (SR–

Phlx–2003–59). 

6An immediate-or-cancel order is an order that is 

to be executed in whole or in part as soon as such 

order is submitted. Any portion not so executed is 

to be treated as cancelled. 

7 In approving this proposed rule change, the 

Commission has considered the proposed rule’s 

impact on efficiency, competition, and capital 

formation. See 15 U.S.C. 78c(f). 

8 15 U.S.C. 78f(b)(5). 

19(b)(3)(A)(ii) of the Act 12 and 

subparagraph (f)(2) of Rule 19b–4 

thereunder,13 since it establishes or 

changes a due, fee or other charge 

imposed by the Exchange. 

At any time within 60 days of the 

filing of such proposed rule change, the 

Commission may summarily abrogate 

such rule change if it appears to the 

Commission that such action is 

necessary or appropriate in the public 

interest, for the protection of investors, 

or otherwise in the furtherance of the 

purposes of the Act.14

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–Phlx–2007–06 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Nancy M. Morris, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–Phlx–2007–06. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for inspection and copying in 

the Commission’s Public Reference 

Room. Copies of the filing also will be 

available for inspection and copying at 

the principal office of the Phlx. All 

comments received will be posted 

without change; the Commission does 

not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. All 

submissions should refer to File 

Number SR–Phlx–2007–06 and should 

be submitted on or before March 27, 

2007. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.15

J. Lynn Taylor, 

Assistant Secretary. 

[FR Doc. E7–3916 Filed 3–6–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55375; File No. SR–Phlx–

2006–31] 

Self-Regulatory Organizations; 

Philadelphia Stock Exchange, Inc.; 

Order Approving Proposed Rule 

Change as Modified by Amendment 

Nos. 1, 2, and 3 Thereto Relating to 

Electronically Submitted Limit Orders 

February 28, 2007. 

I. Introduction 

On May 5, 2006, the Philadelphia 

Stock Exchange, Inc. (‘‘Phlx’’ or 

‘‘Exchange’’) 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 19b–4 

thereunder,2 a proposed rule change to 

offer an additional mechanism for 

participants on the Exchange’s 

electronic trading platform for options, 

Phlx XL, to trade against orders and 

electronic quotations. On December 8, 

2006, the Exchange filed Amendment 

No. 1 to the proposed rule change. The 

Exchange filed Amendment No. 2 to the 

proposed rule change on January 11, 

2007. The proposed rule change, as 

modified by Amendment Nos. 1 and 2, 

was published for comment in the 

Federal Register on January 24, 2007.3

The Exchange filed Amendment No. 3 

on February 28, 2007.4 The Commission 

received no comment letters on the 

proposed rule change. This order 

approves the proposed rule change as 

modified by Amendment Nos. 1, 2, and 

3. 

II. Description of the Proposal 

The purpose of the proposed rule 

change is to offer an additional 

mechanism for participants on the 

Exchange’s electronic trading platform 

for options, Phlx XL,5 to trade against 

orders and electronic quotations. 

Specifically, the proposal permits SQTs 

and RSQTs to enter Immediate or 

Cancel (‘‘IOC’’) 6 orders electronically 

and expands the types of orders that 

non-SQT ROTs and specialists may 

enter for their proprietary accounts to 

include electronically entered IOC 

orders. The proposal also changes the 

minimum order size for a ROT Limit 

Order from ten contracts to one contract 

if such contract is designated IOC. 

The Exchange further proposes to 

amend Commentary .02 and .03 of Phlx 

Rule 1082 to reduce the one-second 

‘‘counting period’’ to 1⁄4 of one second 

during which SQTs, RSQTs and/or 

specialists may eliminate the locked or 

crossed markets caused by their 

electronic quotations. Any unresolved 

locked or crossed markets remaining 

after the counting period are 

automatically executed. 

III. Discussion 

After careful review of the proposal, 

the Commission finds that the proposed 

rule change, as modified by Amendment 

Nos. 1, 2, and 3, is consistent with the 

requirements of the Act and the rules 

and regulations thereunder applicable to 

a national securities exchange.7 In 

particular, the Commission finds that 

the proposal is consistent with Section 

6(b)(5) of the Act,8 which requires, 

among other things, that the rules of an 

exchange be designed to promote just 

and equitable principles of trade, to 

remove impediments to and perfect the 

mechanism of a free and open market 

and a national market system, and, in 

general, to protect investors and the 

public interest. 

The Commission believes that the 

Phlx’s proposal to expand the order 

types that SQTs, RSQTs, non-SQT ROTs 


sroberts on PROD1PC70 with NOTICES
Federal Register / Vol. 72, No. 44 / Wednesday, March 7, 2007 / Notices 10289 

9 15 U.S.C. 78s(b)(2). 

10 17 CFR 200.30–3(a)(12). 

and specialists may enter electronically 

is consistent with the Act. In addition, 

the Commission believes that reducing 

the counting period from one-second to 

1⁄4 of one second during which market 

participants may resolve locked and 

crossed markets should improve market 

efficiency by eliminating locked and 

crossed markets in a more timely 

fashion. 

IV. Conclusion 

It Is Therefore Ordered, pursuant to 

Section 19(b)(2) of the Act,9 that the 

proposed rule change (SR–Phlx–2006–

31), as modified by Amendment Nos. 1, 

2, and 3 be, and it is hereby approved. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.10

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–3931 Filed 3–6–07; 8:45 am] 

BILLING CODE 8010–01–P 

SMALL BUSINESS ADMINISTRATION 

Reporting and Recordkeeping 

Requirements Under OMB Review 

AGENCY: Small Business Administration. 

ACTION: Notice of Reporting 

Requirements Submitted for OMB 

Review. 

SUMMARY: Under the provisions of the 

Paperwork Reduction Act (44 U.S.C. 

Chapter 35), agencies are required to 

submit proposed reporting and 

recordkeeping requirements to OMB for 

review and approval, and to publish a 

notice in the Federal Register notifying 

the public that the agency has made 

such a submission. 

DATES: Submit comments on or before 

April 6, 2007. If you intend to comment 

but cannot prepare comments promptly, 

please advise the OMB Reviewer and 

the Agency Clearance Officer before the 

deadline. 

Copies: Request for clearance (OMB 

83–1), supporting statement, and other 

documents submitted to OMB for 

review may be obtained from the 

Agency Clearance Officer. 

ADDRESSES: Address all comments 

concerning this notice to: Agency 

Clearance Officer, Jacqueline White, 

Small Business Administration, 409 3rd 

Street, SW., 5th Floor, Washington, D.C. 

20416; and 

David_Rostker@omb.eop.gov, fax 

number 202–395–7285 Office of 

Information and Regulatory Affairs, 

Office of Management and Budget. 

FOR FURTHER INFORMATION CONTACT: 

Jacqueline White, Agency Clearance 

Officer, jacqueline.white@sba.gov (202) 

205–7044. 

SUPPLEMENTARY INFORMATION: 

Title: Federal Agency Comment Form. 

Form No: 1993. 

Frequency: On Occasion. 

Description of Respondents: Small 

Business Owners and Farmers. 

Annual Responses: 400. 

Annual Burden: 300. 

Jacqueline White, 

Chief, Administrative Information Branch. 

[FR Doc. E7–4077 Filed 3–6–07; 8:45 am] 

BILLING CODE 8025–01–P 

DEPARTMENT OF STATE 

[Public Notice 5714] 

Culturally Significant Objects Imported 

for Exhibition; Determinations: ‘‘The 

World of 1607’’

SUMMARY: Notice is hereby given of the 

following determinations: Pursuant to 

the authority vested in me by the Act of 

October 19, 1965 (79 Stat. 985; 22 U.S.C. 

2459), Executive Order 12047 of March 

27, 1978, the Foreign Affairs Reform and 

Restructuring Act of 1998 (112 Stat. 

2681, et seq.; 22 U.S.C. 6501 note, et 

seq.), Delegation of Authority No. 234 of 

October 1, 1999, Delegation of Authority 

No. 236 of October 19, 1999, as 

amended, and Delegation of Authority 

No. 257 of April 15, 2003 [68 FR 19875], 

I hereby determine that the objects to be 

included in the exhibition ‘‘The World 

of 1607’’, imported from abroad for 

temporary exhibition within the United 

States, are of cultural significance. The 

objects are imported pursuant to loan 

agreements with the foreign owners or 

custodians. I also determine that the 

exhibition or display of the exhibit 

objects at the Jamestown Settlement, 

Williamsburg, Virginia, from on or 

about April 10, 2007, until on or about 

July 20, 2007, and at possible additional 

venues yet to be determined, is in the 

national interest. Public Notice of these 

Determinations is ordered to be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Wolodymyr 

Sulzynsky, Attorney-Adviser, Office of 

the Legal Adviser, U.S. Department of 

State (telephone: (202) 453–8050). The 

address is U.S. Department of State, SA–

44, 301 4th Street, SW., Room 700, 

Washington, DC 20547–0001. 

Dated: February 28, 2007. 

C. Miller Crouch, 

Principal Deputy Assistant Secretary for 

Educational and Cultural Affairs, Department 

of State. 

[FR Doc. E7–4047 Filed 3–6–07; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice 5692] 

Defense Trade Advisory Group; Notice 

of Open Meeting 

SUMMARY: The Defense Trade Advisory 

Group (DTAG) will meet in open 

session from 9 a.m. to 12 noon on 

Wednesday, March 21, 2007, in the 

Dean Acheson Auditorium at the U.S. 

Department of State, Harry S. Truman 

Building, Washington, DC. Entry and 

registration will begin at 8:15 a.m. 

Please use the building entrance located 

at 23rd Street, NW., Washington, DC, 

between C and D Streets. The 

membership of this advisory committee 

consists of private sector defense trade 

specialists, appointed by the Assistant 

Secretary of State for Political-Military 

Affairs, who advise the Department on 

policies, regulations, and technical 

issues affecting defense trade. The 

purpose of the meeting will be to 

discuss current defense trade issues and 

topics for further study. 

Members of the public may attend 

this open session and will be permitted 

to participate in the discussion in 

accordance with the Chairman’s 

instructions. They may also, if they 

wish, submit a brief statement to the 

committee in writing. 

As access to Department of State 

facilities is controlled, persons wishing 

to attend the meeting must notify the 

DTAG Executive Secretariat by COB 

Friday, March 16, 2007. If notified after 

this date, the DTAG Secretariat cannot 

guarantee that the Department’s Bureau 

of Diplomatic Security can complete the 

necessary processing required to attend 

the March 21 plenary. 

Each non-member observer or DTAG 

member that wishes to attend this 

plenary session should provide: His/her 

name; company or organizational 

affiliation; phone number; date of birth; 

and identifying data such as driver’s 

license number, U.S. Government ID, or 

U.S. Military ID, to the DTAG 

Secretariat contact person, Nicholas 

Memos, via e-mail at 

MemosNI@state.gov. A RSVP list will be 

provided to Diplomatic Security and the 

Reception Desk at the 23rd Street 

entrance. One of the following forms of 

valid photo identification will be 

required for admission: U.S. driver’s 


sroberts on PROD1PC70 with NOTICES