Federal Register / Vol. 73, No. 9 / Monday, January 14, 2008 / Notices 2291 

8 17 CFR 200.30–3(a)(27). 

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

2 17 CFR 240.19b–4. 

3Rule 15c3–1 under the Act (17 CFR 240.15c3–

1). 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–CTA/CQ–2007–03. 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 Plan Amendments 

that are filed with the Commission, and 

all written communications relating to 

the Plan amendments 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 

Room, on official business days between 

the hours of 10 a.m. and 3 p.m. Copies 

of the Amendments also will be 

available for inspection and copying at 

the principal office of the CTA. 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 available publicly. All 

submissions should refer to File 

Number SR–CTA/CQ–2007–03 and 

should be submitted on or before 

February 4, 2008. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E8–348 Filed 1–11–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Aampro Group, Inc.; 

Order of Suspension of Trading 

January 10, 2008. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Aampro 

Group, Inc. (‘‘Aampro’’) because of 

questions regarding the adequacy and 

accuracy of information in Aampro’s 

public filings concerning, among other 

things: (1) The company’s business 

operations, (2) the company’s business 

combinations, and (3) the company’s 

current financial condition. 

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 abovelisted company is suspended for the 

period from 9:30 a.m. EST January 10, 

2008, through 11:59 p.m. EST on 

January 24, 2008. 

By the Commission. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 08–104 Filed 1–11–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–57106; File No. SR–Amex–

2007–36] 

Self-Regulatory Organizations; 

American Stock Exchange LLC; Notice 

of Filing of Proposed Rule Change and 

Amendment No. 1 To Eliminate a 

Volume Add-on to Amex Options 

Specialist Financial Requirements 

January 4, 2008. 

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 April 10, 

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 Amex. On 

December 12, 2007, the Exchange filed 

Amendment No. 1 to the proposed rule 

change. The Commission is publishing 

this notice to solicit comments on the 

proposed rule change, as amended, from 

interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend the 

Amex options specialist financial 

requirements to eliminate the add-on of 

$25,000 for each option class in excess 

of the initial twenty-five issues in which 

the specialist is registered. The text of 

the proposed rule change is available on 

the Amex’s Web site at http:// 

www.amex.com 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, the 

Exchange 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. The 

Exchange 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 Amex is proposing to amend Rule 

950–ANTE(h). Rule 950–ANTE(h) 

currently requires an option specialist to 

maintain minimum tentative net capital 

in the amount of $1,000,000 plus 

$25,000 for each option issue (option 

class) in excess of the initial twenty-five 

issues in which the specialist is 

registered. The amendment would 

eliminate the $25,000 add-on for each 

option class in excess of the initial 

twenty-five option classes. 

Amex member firms are subject to 

both the Amex and the Commission’s 

net capital rule.3 The multiple listing of 

options across markets, as well as 

quoting obligations of registered options 

traders, remote registered options 

traders, and supplemental registered 

options traders now provides multiple 

sources of liquidity in each options 

class, which diminishes the role and 

need to highly capitalize any one 

liquidity provider. Therefore, the 

benefits of requiring Amex options 

specialists to maintain net capital 

beyond the Commission’s net capital 

rule have been greatly reduced. 

Reducing the amount of capital required 

to be held under the Amex net capital 

rule also would allow options 

specialists to use funds previously 

maintained to meet Amex net capital 

requirements for other purposes, 

lowering their cost of business and 

helping to ensure that they can continue 

to function as options specialists on the 

Exchange. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 


rmajette on PROD1PC64 with NOTICES