13316 Federal Register / Vol. 72, No. 54 / Wednesday, March 21, 2007 / Notices 

1 15 U.S.C. 78k–1. 

2 17 CFR 242.608. 

3The OPRA Plan is a national market system plan 

approved by the Commission pursuant to Section 

11A of the Act and Rule 608 thereunder (formerly 

Rule 11Aa3–2). See Securities Exchange Act 

Release No. 17638 (March 18, 1981), 22 SEC Docket 

484 (March 31, 1981). The full text of the OPRA 

Plan is available at http://www.opradata.com. 

The OPRA Plan provides for the collection and 

dissemination of last sale and quotation information 

on options that are traded on the participant 

exchanges. The six participants to the OPRA Plan 

are the American Stock Exchange LLC, the Boston 

Stock Exchange, Inc., the Chicago Board Options 

Exchange, Incorporated, the International Securities 

Exchange, Inc., the NYSE Arca, Inc., and the 

Philadelphia Stock Exchange, Inc. 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon written request, copies available from: 

Securities and Exchange Commission, 

Office of Filing and Information Services, 

Washington, DC 20549. 

Extension: Rule 17Ad–16; SEC File No. 270–

363; OMB Control No. 3235–0413. 

Notice is hereby given that pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 

and Exchange Commission 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget a 

request for extension of the previously 

approved collection of information 

discussed below. 

• Rule 17Ad–16: Notice of Assumption 

or Termination of Transfer Agent 

Services 

Rule 17Ad–16 (17 CFR 240.17Ad–16) 

under the Securities Exchange Act of 

1934 (15 U.S.C. 78a et seq.), requires a 

registered transfer agent to provide 

written notice to the appropriate 

qualified registered securities 

depository when assuming or 

terminating transfer agent services on 

behalf of an issuer or when changing its 

name or address. In addition, transfer 

agents that provide such notice shall 

maintain such notice for a period of at 

least two years in an easily accessible 

place. This rule addresses the problem 

of certificate transfer delays caused by 

transfer requests that are directed to the 

wrong transfer agent or the wrong 

address. 

We estimate that the transfer agent 

industry submits 600 Rule 17Ad–16 

notices to appropriate qualified 

registered securities depositories. The 

staff estimates that the average amount 

of time necessary to create and submit 

each notice is approximately 15 minutes 

per notice. Accordingly, the estimated 

total industry burden is 150 hours per 

year (15 minutes multiplied by 600 

notices filed annually). 

Because the information needed by 

transfer agents to properly notify the 

appropriate registered securities 

depository is readily available to them 

and the report is simple and 

straightforward, the cost is minimal. 

The average cost to prepare and send a 

notice is approximately $7.50 (15 

minutes at $30 per hour). This yields an 

industry-wide cost estimate of $4,500 

(600 notices multiplied by $7.50 per 

notice). 

The retention period for the 

recordkeeping requirements under Rule 

17Ad-16 is two years for both the 

clearing agencies and transfer agents. 

The recordkeeping requirement under 

Rule 17Ad-16 is mandatory to ensure 

accurate securityholder records, prompt 

and efficient clearance and settlement of 

securities transactions, and to assist the 

Commission and other regulatory 

agencies with monitoring transfer agents 

and ensuring compliance with the rule. 

This rule does not involve the collection 

of confidential information. Please note 

that an agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

Comments should be directed to (i) 

Desk Officer for the Securities and 

Exchange Commission, Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, 

Room 10102, New Executive Office 

Building, Washington, DC 20503 or by 

sending an e-mail to: 

David_Rostker@omb.eop.gov; and (ii) R. 

Corey Booth, Director/Chief Information 

Officer, Securities and Exchange 

Commission, c/o Shirley Martinson, 

6432 General Green Way, Alexandria, 

VA 22312 or send an e-mail to: 

PRA_Mailbox@sec.gov. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: March 15, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–5136 Filed 3–20–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: [To be Published]. 

STATUS: Closed Meeting. 

PLACE: 100 F Street, NE., Washington, 

DC. 

DATE AND TIME OF PREVIOUSLY ANNOUNCED

MEETING: Wednesday, March 21, 2007 at 

2 p.m. 

CHANGE IN THE MEETING: Time Change. 

The Closed Meeting scheduled for 

Wednesday, March 21, 2007 at 2 p.m. 

has been changed to Wednesday, March 

21, 2007 at 1 p.m. 

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: March 16, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–5131 Filed 3–20–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55454; File No. SR–OPRA–

2007–01] 

Options Price Reporting Authority; 

Notice of Filing and Immediate 

Effectiveness of Proposed Amendment 

To Adopt a Revised Form ‘‘Third Party 

Billing Agreement’’

March 13, 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 February 

23, 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 OPRA Plan amendment 

would adopt a revised form ‘‘Third 

Party Billing Agreement.’’

I. Description and Purpose of the 

Amendment 

OPRA states that the purpose of the 

proposed amendment is to adopt a 

revised form ‘‘Third Party Billing 

Agreement’’ for use by a Professional 

Subscriber that has entered into a 

Professional Subscriber Agreement 

(‘‘PSA’’) with OPRA and that wishes to 

agree with a third party (‘‘Third Party 

Payor’’) that the Third Party Payor will 

be responsible for payment of OPRA’s 

charges with respect to receipt by the 

Professional Subscriber of OPRA 

Information. 

The revised form includes language 

that is intended to make it easier for a 

Professional Subscriber and Third Party 

Payor to conclude, in an appropriate 


jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 72, No. 54 / Wednesday, March 21, 2007 / Notices 13317 

4 15 U.S.C. 78bb. 

5 17 CFR 242.608(b)(3). 

6 17 CFR 242.608(b)(2). 7 17 CFR 200.30–3(a)(29). 

1 15 U.S.C. 78k–1. 

2 17 CFR 242.608. 

3The OPRA Plan is a national market system plan 

approved by the Commission pursuant to Section 

11A of the Act and Rule 608 thereunder (formerly 

Rule 11Aa3–2). See Securities Exchange Act 

Release No. 17638 (March 18, 1981), 22 S.E.C. 

Docket 484 (March 31, 1981). The full text of the 

OPRA Plan is available at http:// 

www.opradata.com. 

The OPRA Plan provides for the collection and 

dissemination of last sale and quotation information 

on options that are traded on the participant 

exchanges. The six participants to the OPRA Plan 

are the American Stock Exchange LLC, the Boston 

Stock Exchange, Inc., the Chicago Board Options 

Exchange, Incorporated, the International Securities 

Exchange, Inc., the NYSE Arca, Inc., and the 

Philadelphia Stock Exchange, Inc. 

4The device-based fees that became effective on 

January 1, 2007 were first proposed in File No. SR–

OPRA–2004–01, which became effective upon filing 

Continued 

situation, that payment of OPRA’s fees 

by the Third Party Payor is eligible for 

the safe harbor under Section 28(e) of 

the Act.4 In particular, the revised form 

states expressly that OPRA will waive a 

Professional Subscriber’s obligation 

under its PSA to pay OPRA’s fees in 

consideration for the agreement of the 

Third Party Payor to pay fees directly to 

OPRA for the Professional Subscriber’s 

receipt of OPRA Information. 

II. Implementation of the OPRA Plan 

Amendment 

Pursuant to paragraphs (b)(3) of Rule 

608 under the Act,5 OPRA designates 

this amendment as concerned solely 

with the administration of the OPRA 

Plan and/or as involving solely 

technical or ministerial matters, thereby 

qualifying for effectiveness upon filing. 

OPRA states that it will begin to use 

the proposed revised form ‘‘Third Party 

Billing Agreement’’ upon filing with the 

Commission. However, OPRA states that 

these revised documents would be used 

only on a prospective basis. Existing 

Professional Subscribers and Third 

Party Payors that are parties to existing 

payment arrangements would not be 

required to execute the revised form. 

However, upon the request from a 

Professional Subscriber and Third Party 

Payor, OPRA will execute the revised 

form with respect to their existing 

payment arrangement if the Third Party 

Payor is current in its payments. 

The Commission may summarily 

abrogate the amendment within sixty 

days of its filing and require refiling and 

approval of the amendment by 

Commission order pursuant to Rule 

608(b)(2) under the Act 6 if it appears to 

the Commission that such action is 

necessary or appropriate in the public 

interest, for the protection of investors 

and the maintenance of fair and orderly 

markets, to remove impediments to, and 

perfect the mechanisms of, a national 

market system, or otherwise in 

furtherance of the purposes of the Act. 

III. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed OPRA 

Plan amendment 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 

No. SR–OPRA–2007–01 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–OPRA–2007–01. 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 plan 

amendment that are filed with the 

Commission, and all written 

communications relating to the 

proposed plan amendment 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 such filing also will be 

available for inspection and copying at 

the principal office of OPRA. 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–OPRA–2007–01 and should 

be submitted on or before April 11, 

2007. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.7

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–5086 Filed 3–20–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55455; File No. SR–OPRA–

2007–02] 

Options Price Reporting Authority; 

Notice of Filing and Immediate 

Effectiveness of Proposed Amendment 

To Revise OPRA’s Fee Schedule and 

its ‘‘Policies With Respect to DeviceBased Fees’’

March 13, 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 February 

23, 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 

its Fee Schedule and its ‘‘Policies with 

Respect to Device-Based Fees.’’

I. Description and Purpose of the 

Amendment 

A. Changes in the Fee Schedule 

OPRA states that the purpose of the 

proposed amendment to its Fee 

Schedule is to eliminate language that 

became obsolete on January 1, 2007, and 

to provide a simplified and unified 

presentation of its Fee Schedule. None 

of the proposed revisions would change 

the amount of any of OPRA’s fees. 

Since January 1, 2007, OPRA has had 

in place a single $20.00 ‘‘per device’’ fee 

for its Basic Service (consisting of all 

OPRA Information except Information 

with respect to foreign currency 

options) and a single $5.00 per device 

fee for its FCO Service (consisting of 

OPRA Information with respect to 

foreign currency options).4 As a result, 


jlentini on PROD1PC65 with NOTICES