28528 Federal Register / Vol. 72, No. 97 / Monday, May 21, 2007 / Notices 

format is available from the GSP 

Subcommittee and is included in the 

GSP Guidebook. Petitioners are 

requested to use this model petition 

format so as to ensure that all 

information requirements are met. 

Furthermore, interested parties 

submitting petitions that request action 

with respect to specific products should 

list on the first page of the petition the 

following information after typing 

‘‘2007 Annual GSP Review’’: (1) The 

requested action; (2) the HTSUS 

subheading in which the product is 

classified; and (3) if applicable, the 

beneficiary developing country. 

Petitions and requests must be 

submitted, in English, to the Chairman 

of the GSP Subcommittee, Trade Policy 

Staff Committee. Submissions in 

response to this notice will be available 

for public inspection by appointment 

with the staff of the USTR Public 

Reading Room, except for information 

granted ‘‘business confidential’’ status 

pursuant to 15 CFR 2003.6. If the 

submission contains business 

confidential information, a nonconfidential version of the submission 

must also be submitted that indicates 

where confidential information was 

redacted by inserting asterisks where 

material was deleted. In addition, the 

confidential submission must be clearly 

marked ‘‘BUSINESS CONFIDENTIAL’’

in large, bold letters at the top and 

bottom of each and every page of the 

document. The public version that does 

not contain business confidential 

information must also be clearly marked 

in large, bold letters at the top and 

bottom of each and every page (either 

‘‘PUBLIC VERSION’’ or ‘‘NONCONFIDENTIAL’’). Documents that are 

submitted without any marking might 

not be accepted or will be considered 

public documents. 

In order to facilitate prompt 

consideration of submissions, USTR 

requires electronic mail (e-mail) 

submissions in response to this notice. 

Hand-delivered submissions will not be 

accepted. E-mail submissions should be 

single copy transmissions in English 

with the total submission including 

attachments not to exceed 30 pages in 

12-point type and 3 megabytes as a 

digital file attached to an e-mail 

transmission. Submissions should use 

the following e-mail subject line: ‘‘2007 

Annual GSP Review-Petition.’’

Documents must be submitted as either 

WordPerfect (‘‘.WPD’’), MSWord 

(‘‘.DOC’’), text (‘‘.TXT’’), or Adobe 

(‘‘PDF’’) file. Documents cannot be 

submitted as electronic image files or 

contain embedded images (for example, 

‘‘.JPG’’, ‘‘.TIF’’, ‘‘.BMP’’, or ‘‘.GIF’’). 

Supporting documentation submitted as 

spreadsheets are acceptable as Quattro 

Pro or Excel, pre-formatted for printing 

on 81⁄2 × 11 inch paper. To the extent 

possible, any data attachments to the 

submission should be included in the 

same file as the submission itself, and 

not as separate files. E-mail submissions 

should not include separate cover letters 

or messages in the message area of the 

e-mail; information that might appear in 

any cover letter should be included 

directly in the attached file containing 

the submission itself, including 

identifying information on the sender, 

organization name, address, telephone 

number, and e-mail address. The 

electronic mail address for these 

submissions is 

FR0711@USTR.EOP.GOV. 

For any document containing 

business confidential information 

submitted as an electronic attached file 

to an e-mail transmission, in addition to 

the proper marking at the top and 

bottom of each page as previously 

specified, the file name of the business 

confidential version should begin with 

the characters ‘‘BC-’’, and the file name 

of the public version should begin with 

the characters ‘‘P-’’. The ‘‘P-’’ or ‘‘BC-’’ 

should be followed by the name of the 

person or party (government, company, 

union, association, etc.) submitting the 

petition. 

Documents not submitted in 

accordance with these instructions may 

not be considered in this review. 

Marideth Sandler, 

Executive Director, GSP Program, Chairman, 

GSP Subcommittee of the Trade Policy Staff 

Committee. 

[FR Doc. E7–9756 Filed 5–18–07; 8:45 am] 

BILLING CODE 3190–W7–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Pub. L. 94–409, that the 

Securities and Exchange Commission 

will hold the following meetings during 

the week of May 21, 2007: 

Open Meetings will be held on 

Wednesday, May 23, 2007 at 9 a.m., 

Thursday, May 24, 2007 at 9 a.m. and 

Friday, May 25, 2007 at 9 a.m., in the 

Auditorium, Room L–002. A Closed 

Meeting will be held on Thursday, May 

24, 2007 at 2 p.m. 

Commissioners, Counsel 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), (4), (5), (7), (8), (9)(B), 

and (10) and 17 CFR 200.402(a)(3), (4), 

(5), (7), (8), 9(ii) and (10), permit 

consideration of the scheduled matters 

at the Closed Meeting. 

Commissioner Atkins, as duty officer, 

voted to consider the items listed for the 

closed meeting in closed session. 

The subject matter of the Open 

Meeting scheduled for Wednesday, May 

23, 2007 at 9 a.m. will be: 

1. The Commission will consider 

whether to adopt interpretive guidance 

for management regarding its evaluation 

and assessment of internal control over 

financial reporting. The Commission 

will also consider whether to adopt 

amendments to Exchange Act Rules 

13a–15(c) and 15d–15(c) that would 

make it clear that an evaluation that 

complies with the Commission’s 

interpretive guidance would satisfy the 

annual management evaluation required 

by those rules. In addition, the 

Commission will consider whether to 

adopt amendments to Rules 1–02(a)(2) 

and 2–02(f) of Regulation S–X to require 

the expression of a single opinion 

directly on the effectiveness of internal 

control over financial reporting by the 

auditor in its attestation report. Finally, 

the Commission will consider whether 

to adopt amendments to Exchange Act 

Rule 12b–2 and Rule 1–02 of Regulation 

S–X to define certain terms. 

2. The Commission will consider a 

number of rule proposals addressing the 

registration and disclosure requirements 

for smaller companies, as well as private 

offerings of securities, including 

whether: 

• To propose amendments to increase 

the number of companies eligible for the 

scaled disclosure and reporting 

requirements for smaller reporting 

companies; 

• To propose amendments to expand 

the eligibility requirements of Form S– 

3 and Form F–3 to permit registration of 

primary offerings by companies with a 

public float of less than $75 million, 

subject to restrictions on the amount of 

securities sold in any one-year period; 

• To propose exemptions from the 

registration requirements of the 

Securities Exchange Act of 1934 for 

grants of compensatory employee stock 

options by non-reporting companies; 

• To propose a new Regulation D 

exemption for offers and sales of 

securities to a newly defined subset of 

‘‘accredited investors,’’ as well as to 

propose revisions to the Regulation D 


pwalker on PROD1PC71 with NOTICES
Federal Register / Vol. 72, No. 97 / Monday, May 21, 2007 / Notices 28529 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(5). 

5Applying the rule, assume AEMI receives 

market odd-lot buy orders aggregating 1,500 shares 

and market odd-lot sell orders aggregating 3,500 

shares in a security. The next and only round-lot 

execution on the Amex within the next 30 seconds 

is 500 shares at $10, and, at the expiration of the 

30 seconds, the NBB is 100 shares at $10.50 on 

NYSE. The specialist is required in time priority of 

receipt of the odd-lot orders into AEMI to: 

• Sell/buy an equal number of shares on each 

side of the odd-lot market at $10, which clears the 

1,500 shares of odd-lot market buy orders and 

Continued 

definition of ‘‘accredited investor,’’

disqualification provisions, and 

integration safe harbor and to provide 

interpretive guidance regarding 

integration; 

• To propose revisions to Form D and 

mandate electronic filing of Form D; and 

• To propose amendments to Rule 

144 to revise the holding period for the 

resale of restricted securities, simplify 

compliance for non-affiliates, revise the 

Form 144 filing thresholds, and codify 

certain staff interpretations, as well as to 

propose amendments to Rule 145. 

3. The Commission will consider 

whether to adopt rules to implement 

provisions of the Credit Rating Agency 

Reform Act of 2006. 

The subject matter of the Open 

Meeting scheduled for Thursday, May 

24, 2007 at 9 a.m. will be: 

The Commission will hold a 

roundtable discussion regarding proxy 

voting mechanics. 

The subject matter of the Closed 

Meeting scheduled for Thursday, May 

24, 2007 at 2 p.m. will be. 

Formal orders of investigations; 

Institution and settlement of 

injunctive actions; 

Institution and settlement of 

administrative proceedings of an 

enforcement nature; 

Resolution of litigation claims; 

Regulatory matter regarding a 

financial institution; and 

Other matters related to enforcement 

proceedings. 

The subject matter of the Open 

Meeting scheduled for Friday, May 25, 

2007 at 9 a.m. will be: 

The Commission will hold a 

roundtable discussion regarding 

proposals of shareholders. 

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: May 16, 2007. 

Nancy M. Morris, 

Secretary. 

[FR Doc. E7–9743 Filed 5–18–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55762; File No. SR–Amex–

2007–47] 

Self-Regulatory Organizations; 

American Stock Exchange LLC; Notice 

of Filing and Immediate Effectiveness 

of Proposed Rule Change To Change 

the Method By Which Specialists on 

the Exchange Execute Odd-Lot Market 

Orders Under Rule 205—AEMI 

May 15, 2007. 

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 May 11, 

2007, 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 

substantially prepared by the Exchange. 

Amex has filed this proposal pursuant 

to Section 19(b)(3)(A) of the Act 3 and 

Rule 19b–4(f)(5) thereunder,4 which 

renders it effective upon filing with the 

Commission. 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 adopt 

changes to Rule 205—AEMI in order to 

change the method by which specialists 

on the Exchange execute odd-lot market 

orders. 

The text of the proposed rule change 

is available on Amex’s Web site at 

http://www.amex.com, at the 

Exchange’s principal office, 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, 

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. 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 the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange is currently operating, 

and has adopted rules in connection 

with the operation of, its new hybrid 

market trading platform for equity 

products and exchange-traded funds, 

designated as AEMISM (the Auction and 

Electronic Market Integration platform). 

Rule 205—AEMI (‘‘Manner of Executing 

Odd-Lot Orders’’) requires the specialist 

for a relevant security to be the contraparty for executions of any odd-lot 

orders in that security received by AEMI 

and specifies, in relevant part, the 

pricing at which such executions must 

occur. In the case of odd-lot market 

orders that are not executed within 30 

seconds of receipt by AEMI, the 

specialist is currently required to 

execute such orders at the price of the 

qualifying national best bid or offer 

(‘‘NBBO’’). In order to ensure a fair and 

orderly market, the Exchange proposes 

to amend Rule 205—AEMI to provide 

for such odd-lot market orders to now 

be executed at the specialist’s quote, 

rather than the NBBO. 

(i) How Rule 205—AEMI Works Today 

Rule 205—AEMI(b)(i)–(iii) currently 

requires the specialist to execute a 

market odd-lot order at the price of a 

subsequent round-lot execution that 

occurs in the subject security on the 

Exchange for 30 seconds after the oddlot order is entered. However, a market 

odd-lot order is executed at this roundlot price only to the extent that there are 

a sufficient number of shares 

subsequently transacted in round-lots 

on the Exchange within that 30 second 

window to match any imbalance 

between the pending odd-lot market buy 

and sell orders. If there are an 

insufficient number of shares in roundlot executions within that 30 seconds 

from which to benchmark the market 

odd-lot execution price of the 

imbalance, Rule 205—AEMI(b)(iv) 

dictates that the NBBO be used as the 

default price at which the specialist is 

required to execute.5


pwalker on PROD1PC71 with NOTICES