48582 Federal Register / Vol. 77, No. 157 / Tuesday, August 14, 2012 / Notices 

30See Notice, supra note 3. 

31 Id. 

32 Id. 

33See Securities Exchange Act Release No. 57429 

(March 4, 2008), 73 FR 13058 (March 11, 2008) 

(order approving SR–CBOE–2006–36). 

34 15 U.S.C. 78s(b)(2). 35 17 CFR 200.30–3(a)(12). 

requirements, such as in CBOE Rules 

9.8 and 9.9.30 The Commission believes 

that these safeguards are reasonably 

designed to help mitigate potential risks 

for retail and other investors of 

investing in FLEX Options. 

CBOE also believes that permanently 

removing the minimum value size 

requirements for FLEX Options will give 

investors a more viable, exchangetraded alternative to customized options 

in the OTC market, which are not 

subject to minimum value size 

requirements.31 Furthermore, CBOE has 

represented that broker-dealers have 

indicated to CBOE that the minimum 

value size requirements have prevented 

them from bringing transactions on the 

Exchange that are already taking place 

in the OTC market.32 Therefore, it 

appears possible that permanent 

approval of the Pilot Program could 

further incent trading interest in 

customized options to move from the 

OTC market to CBOE. To the extent 

investors choose to trade FLEX Options 

on CBOE in lieu of the OTC market as 

a result of the permanent removal of the 

minimum value size requirements, such 

action should benefit investors. As the 

Commission has previously noted, there 

are certain benefits to trading on an 

exchange, such as enhanced efficiency 

in initiating and closing out positions, 

increased market transparency, and 

heightened contra-party 

creditworthiness due to the role of the 

Options Clearing Corporation as issuer 

and guarantor of FLEX Options.33

IV. Conclusion 

In summary, the Commission 

believes, for the reasons noted above, 

that the proposed rule change to 

permanently approve the Pilot Program 

is consistent with the Act and Section 

6(b)(5) thereunder in particular, and 

should be approved. The Commission 

expects CBOE to continue to monitor 

the usage of FLEX Options and review 

whether changes need to be made to its 

rules or the ODD to address any changes 

in retail FLEX Option participation or 

any other issues that may occur as a 

result of the elimination of the 

minimum value sizes on a permanent 

basis. 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,34 that the 

proposed rule change (SR–CBOE–2012– 

040) be, and it hereby is, approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.35

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–19862 Filed 8–13–12; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Ameriwest Energy 

Corp., Clyvia, Inc., and Crown Oil & 

Gas, Inc.; Order of Suspension of 

Trading 

August 10, 2012. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Ameriwest 

Energy Corp. because it has not filed 

any periodic reports since the period 

ended December 31, 2008. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Clyvia, Inc. 

because it has not filed any periodic 

reports since the period ended October 

31, 2008. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Crown Oil 

& Gas, Inc. because it has not filed any 

periodic reports since the period ended 

March 31, 2009. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above-listed 

companies. Therefore, it is ordered, 

pursuant to Section 12(k) of the 

Securities Exchange Act of 1934, that 

trading in the securities of the abovelisted companies is suspended for the 

period from 9:30 a.m. EDT on August 

10, 2012, through 11:59 p.m. EDT on 

August 23, 2012. 

By the Commission. 

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2012–20009 Filed 8–10–12; 11:15 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 7981] 

Culturally Significant Objects Imported 

for Exhibition Determinations: 

Terracotta Bell-Krater Attributed to the 

Altamura Painter 

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, and Delegation of 

Authority No. 236–3 of August 28, 2000 

(and, as appropriate, Delegation of 

Authority No. 257 of April 15, 2003), I 

hereby determine that the object 

Terracotta Bell-Krater attributed to the 

Altamura Painter imported from abroad 

for temporary exhibition within the 

United States, is of cultural significance. 

The object is imported pursuant to a 

loan agreement with the foreign owners 

or custodians. I also determine that the 

exhibition or display of the exhibit 

object at The Metropolitan Museum of 

Art, New York, New York from on or 

about September 15, 2012 to on or about 

September 15, 2016, and at possible 

additional exhibitions or venues yet to 

be determined, is in the national 

interest. I have ordered that Public 

Notice of these Determinations be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Ona M. 

Hahs, Attorney-Adviser, Office of the 

Legal Adviser, U.S. Department of State 

(telephone: 202–632–6473). The mailing 

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

5, L/PD, Fifth Floor (Suite 5H03), 

Washington, DC 20522–0505. 

Dated: August 6, 2012. 

J. Adam Ereli, 

Principal Deputy Assistant Secretary, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2012–19922 Filed 8–13–12; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice 7980] 

Culturally Significant Objects Imported 

for Exhibition Determinations: ‘‘Plants 

of Virtue and Rocks by a Stream’’ by 

Shitao 

AGENCY: Department of State. 

ACTION: Notice. 


tkelley on DSK3SPTVN1PROD with NOTICES