Federal Register / Vol. 74, No. 61 / Wednesday, April 1, 2009 / Notices 14829 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(6). 

[FR Doc. E9–7317 Filed 3–31–09; 8:45 am] 

BILLING CODE 3110–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Public Law 94–409, that 

the Securities and Exchange 

Commission will hold a Closed Meeting 

on Thursday, April 2, 2009 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 also may 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), (5), (7), 9(B) and (10) 

and 17 CFR 200.402(a)(3), (5), (7), 9(ii) 

and (10), permit consideration of the 

scheduled matters at the Closed 

Meeting. 

Commissioner Casey, as duty officer, 

voted to consider the items listed for the 

Closed Meeting in closed session. 

The subject matter of the Closed 

Meeting scheduled for Thursday, April 

2, 2009 will be: 

Institution of an injunctive action; 

institution and settlement of 

administrative proceedings of an 

enforcement nature; adjudicatory 

matters; and other matters relating to 

enforcement proceedings. 

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 26, 2009. 

Elizabeth M. Murphy, 

Secretary. 

[FR Doc. E9–7228 Filed 3–31–09; 8:45 am] 

BILLING CODE 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Order of Suspension of 

Trading Global Matrechs, Inc. 

March 30, 2009. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Global 

Matrechs, Inc. (‘‘Global’’) because it is 

nearly two years delinquent in its 

required periodic reports. Global is 

quoted on the Pink Sheets OTC Markets, 

Inc. under the ticker symbol GBMR. 

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 

company. 

Therefore, it is ordered, pursuant to 

Section 12(k) of the Securities Exchange 

Act of 1934, that trading in the 

securities of the above-listed company is 

suspended for the period from 9:30 a.m. 

EDT on March 30, 2009, through 11:59 

p.m. EDT on April 13, 2009. 

By the Commission. 

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. E9–7397 Filed 3–30–09; 4:15 pm] 

BILLING CODE 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–59632; File No. SR– 

NASDAQ–2009–030] 

Self-Regulatory Organizations; The 

NASDAQ Stock Market LLC; Notice of 

Filing and Immediate Effectiveness of 

a Proposal To Extend the Options 

Penny Pilot for The NASDAQ Options 

Market 

March 26, 2009. 

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 March 25, 

2009, The NASDAQ Stock Market LLC 

(‘‘Nasdaq’’) filed with the Securities and 

Exchange Commission (‘‘Commission’’) 

the proposed rule change as described 

in Items I and II below, which Items 

have been prepared by Nasdaq. The 

Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change 

pursuant to Section 19(b)(3)(A)(iii) of 

the Act 3 and Rule 19b–4(f)(6) 

thereunder.4 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 the Substance 

of the Proposed Rule Change 

Nasdaq is proposing to extend a pilot 

(the ‘‘pilot’’) that permits certain options 

series to be quoted and traded in 

increments of $0.01. The Exchange 

proposes to extend the pilot through 

July 3, 2009. There is no new text 

contained in this proposed rule change. 

The text of the filing is available at 

http://www.cchwallstreet.com/nasdaq, 

at NASDAQ’s principal office, and at 

the Commission’s Public Reference 

Room. 

Nasdaq has designated this proposal 

as non-controversial and provided the 

Commission with the notice required by 

Exchange Act Rule 19b–4(f)(6)(iii). 

Nasdaq requests that the Commission 

waive the 30-day pre-operative waiting 

period contained in that rule. If such 

waiver is granted by the Commission, 

this rule proposal, which is effective 

upon filing with the Commission, shall 

become immediately operative pursuant 

to SEC Rule 19b–4(f)(6). 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, 

Nasdaq 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. Nasdaq 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 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of the proposed rule 

change is to continue to permit 

specified options series to be quoted 

and traded in increments of $0.01 by 

extending the pilot through July 3, 2009. 

Prior to the Penny Pilot Program, 

options were quoted options in nickel 

and dime increments. The minimum 

price variation for quotations in options 

series that are quoted at less than $3 per 

contract is $0.05 and the minimum 

price variation for quotations in options 

series that are quoted at $3 per contract 

or greater is $0.10. 

Under the Penny Pilot Program, 

beginning on January 26, 2007, market 

participants were able to begin quoting 

in penny increments in certain series of 

option classes. The Penny Pilot Program 

originally included the following 

thirteen options: Ishares Russell 2000 

(IWM); NASDAQ–100 Index Tracking 

Stock (QQQQ); SemiConductor Holders 

Trust (SMH); General Electric Company 

(GE); Advanced Micro Devices, Inc.