[Federal Register Volume 63, Number 144 (Tuesday, July 28, 1998)]
[Notices]
[Page 40327]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20053]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Sel-Leb Marketing, Inc., Common Stock, $.01 Par 
Value; Redeemable Common Stock Purchase Warrants) File No. 1-13856

July 21, 1998.
    Sel-Leb Marketing, Inc. (``Company'') has filed an application with 
the Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
securities (``Securities'') from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Securities have been listed for trading on the Nasdaq SmallCap 
Market and the BSE. Using a Registration Statement on Form 8-A, as 
amended, which became effective on July 13, 1995, the Company 
registered the Securities pursuant to Sections 12(b) and 12(g) of the 
Act.
    On June 18, 1998, the Board of Directors of the Company authorized 
the withdrawal of the Securities from listing and trading on the BSE. 
In making such decision, the Board of Directors considered the costs 
and expenses involved in maintaining the dual listing of its 
Securities, especially in light of the fact that the Board of Directors 
believes that, given the low volume of trading in the Securities, the 
Company and its shareholders no longer obtain any particular benefits 
from being listed on the BSE.
    By letter dated June 19, 1998, the Company advised the BSE of the 
Company's decision to withdraw the Securities from listing on the BSE. 
Subsequently, the Company provided the Exchange with additional 
documentation requested by the BSE in order for the Exchange to review 
the Company's request to withdraw its Securities from listing on the 
BSE.
    By letter dated June 30, 1998, the BSE advised the Company that the 
Exchange had no objection to the withdrawal of the Securities from 
listing on the BSE.
    By reason of Section 12(g) of the Act and the rules and regulations 
thereunder, the Company shall continue to be obligated to file reports 
under Section 13 of the Act.
    Any interested person may, on or before August 11, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the Exchange 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-20053 Filed 7-27-98; 8:45 am]
BILLING CODE 8010-01-M