Federal Register / Vol. 70, No. 198 / Friday, October 14, 2005 / Notices 60127 

7 In approving this proposal, the Commission has 

considered its impact on efficiency, competition, 

and capital formation. 15 U.S.C. 78c(f). 

8 15 U.S.C. 78f(b)(5). 

9See e.g., Chicago Board Options Exchange Rule 

24.2(b); International Securities Exchange Rule 

2002(b); Pacific Exchange Rule 5.13; and 

Philadelphia Stock Exchange Rule 1009A(b) (listing 

standards for narrow-based index options requiring 

that, among other things, the current underlying 

index value be reported at least once every 15 

seconds during the time the index option trades on 

the exchange). 

10The Commission notes, however, that if a selfregulatory organization designates a data vendor, on 

an exclusive basis, to disseminate an index value 

on behalf of the self-regulatory organization, such 

vendor would be an ‘‘exclusive processor’’ under 

Section 3(a)(22)(B) of the Act and, absent an 

exemption, required to register as a securities 

information processor under Section 11A(b)(1) of 

the Act. 

11See Securities Exchange Act Release Nos. 

51748 (May 26, 2005), 70 FR 32684 (June 3, 2005) 

(SR–NASD–2005–024); 51868 (June 17, 2005), 70 

FR 36672 (June 24, 2005) (SR–Amex–2005–044); 

and 52081 (July 20, 2005), 70 FR 43488 (July 27, 

2005) (SR–NYSE–2005–44). 

12 15 U.S.C. 78s(b)(2). 

13 15 U.S.C. 78s(b)(2). 

14 17 CFR 200.30–3(a)(12). 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–9303. 

All submissions should refer to File 

Number SR–Phlx–2005–57. 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 rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change 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 

Section, 100 F Street, NE., Washington, 

DC 20549. Copies of such filing also will 

be available for inspection and copying 

at the principal office of the Phlx. 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 publicly available. All 

submissions should refer to File 

Number SR–Phlx–2005–57 and should 

be submitted on or before November 4, 

2005. 

IV. Commission’s Findings and Order 

Granting Accelerated Approval of 

Proposed Rule Change 

After careful consideration, the 

Commission finds that the proposed 

rule change is consistent with the 

requirements of the Act and the rules 

and regulations thereunder, applicable 

to a national securities exchange.7 In 

particular, the Commission believes that 

the proposed rule change is consistent 

with Section 6(b)(5) of the Act.8 The 

Commission notes that the proposed 

index dissemination requirement is 

similar to the index dissemination 

requirement used in the listing 

standards for narrow-based index 

options.9 The Phlx defines ‘‘one or more 

major market data vendor’’ to include 

the Consolidated Tape Association or 

private vendors, such as Reuters or 

Bloomberg.10 The Commission believes, 

however, that it is critical that such 

service widely disseminate such index 

value to market participants. 

The Phlx has requested that the 

Commission find good cause for 

approving the proposed rule change 

prior to the thirtieth day after 

publication of notice thereof in the 

Federal Register. The Commission notes 

that it has recently approved similar 

proposals regarding the dissemination 

of the underlying index value for 

exchange traded funds traded on 

Nasdaq, the American Stock Exchange 

LLC (‘‘Amex’’), and the New York Stock 

Exchange, Inc. (‘‘NYSE’’).11 The 

Commission believes that granting 

accelerated approval of the proposal 

will allow the Phlx to immediately 

implement these listing standards for 

dissemination of the underlying index 

value that are in place on Nasdaq, the 

Amex, and the NYSE. Accordingly, the 

Commission finds good cause, pursuant 

to Section 19(b)(2) of the Act,12 for 

approving the proposed rule change 

prior to the thirtieth day after the date 

of publication of notice thereof in the 

Federal Register. 

V. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,13 that the 

proposed rule change (SR–Phlx–2005–

57) be, and hereby is, approved on an 

accelerated basis. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.14

J. Lynn Taylor, 

Assistant Secretary. 

[FR Doc. E5–5653 Filed 10–13–05; 8:45 am] 

BILLING CODE 8010–01–P 

DEPARTMENT OF STATE 

[Public Notice 5206] 

Determination Under Section 564 of 

the Foreign Relations Authorization 

Act, Fiscal Years 1994 and 1995, Public 

Law 103–236, as Amended; 

Suspending Prohibitions on Certain 

Sales and Leases Under the AntiEconomic Discrimination Act of 1994 

Pursuant to the authority vested in the 

President by Section 564 of the Foreign 

Relations Authorization Act (‘‘the Act’’), 

Fiscal Years 1994 and 1995, Public Law 

103–236, as amended, which was 

delegated to the Secretary of State on 

April 24, 1997, I hearby determine that 

instituting the suspension of the 

application of Section 564(a) of the Act 

to Iraq and extending the suspension of 

the application of Section 564(a) of the 

Act to the following eight countries 

until May 1, 2006 will promote the 

objectives of section 564: Bahrain, 

Kuwait, Lebanon, Oman, Qatar, Saudi 

Arabia, United Arab Emirates, Yemen. 

This determination will be reported to 

the appropriate committees of the 

Congress and published in the Federal 

Register. 

Dated: May 13, 2005. 

Condoleezza Rice, 

Secretary of State, Department of State. 

Editorial Note: This document was 

received in the Office of the Federal Register 

on October 11, 2005. 

[FR Doc. 05–20609 Filed 10–13–05; 8:45 am] 

BILLING CODE 4710–31–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

[Docket No. FAA–2005–22679; Notice No. 

05–09] 

Guidance on Aircraft Noise 

Certification Documents for 

International Flights 

AGENCY: Federal Aviation 

Administration, DOT. 

ACTION: Notice of availability; request 

for comments. 

SUMMARY: The FAA is notifying 

operators of a proposed advisory 

circular entitled ‘‘Guidance on Aircraft 

Noise Certification Documents for 

International Flights.’’ This advisory 

circular (AC) is in response to the 

International Civil Aviation 

Organization (ICAO) adoption of three 

acceptable options for managing noise 

certification documents. This AC offers 

guidance to affected operators on