Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices 10313 

options, and rights, together with any 

Restricted Stock issued pursuant to the 

Amended and Restated Plan, at the time 

of issuance shall not exceed 25% of the 

outstanding voting securities of 

Triangle, except that if the amount of 

voting securities that would result from 

the exercise of all of Triangle’s 

outstanding warrants, options, and 

rights issued to Triangle’s directors, 

officers, and employees, together with 

any Restricted Stock issued pursuant to 

the Amended and Restated Plan, would 

exceed 15% of the outstanding voting 

securities of Triangle, then the total 

amount of voting securities that would 

result from the exercise of all 

outstanding warrants, options, and 

rights, together with any Restricted 

Stock issued pursuant to the Amended 

and Restated Plan, at the time of 

issuance shall not exceed 20% of the 

outstanding voting securities of 

Triangle. 

4. The maximum amount of Restricted 

Stock that may be issued under the 

Amended and Restated Plan will be 

10% of the outstanding shares of 

common stock of Triangle on the 

effective date of the Amended and 

Restated Plan plus 10% of the number 

of shares of Triangle’s common stock 

issued or delivered by Triangle (other 

than pursuant to compensation plans) 

during the term of the Amended and 

Restated Plan. 

5. The Board will review periodically 

the potential impact that the issuance of 

Restricted Stock under the Amended 

and Restated Plan could have on 

Triangle’s earnings and NAV per share, 

such review to take place prior to any 

decisions to grant Restricted Stock 

under the Amended and Restated Plan, 

but in no event less frequently than 

annually. Adequate procedures and 

records will be maintained to permit 

such review. The Board will be 

authorized to take appropriate steps to 

ensure that the grant of Restricted Stock 

under the Amended and Restated Plan 

would not have an effect contrary to the 

interests of Triangle’s shareholders. This 

authority will include the authority to 

prevent or limit the granting of 

additional Restricted Stock under the 

Amended and Restated Plan. All records 

maintained pursuant to this condition 

will be subject to examination by the 

Commission and its staff. 

For the Commission, by the Division of 

Investment Management, pursuant to 

delegated authority. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E8–3555 Filed 2–25–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release Nos. 33–8897; 34–57364; File No. 

265–24] 

Advisory Committee on Improvements 

to Financial Reporting 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Notice of Meeting of SEC 

Advisory Committee on Improvements 

to Financial Reporting. 

SUMMARY: The Securities and Exchange 

Commission Advisory Committee on 

Improvements to Financial Reporting is 

providing notice that it will hold a 

public meeting on Thursday, March 13, 

and Friday, March 14, 2008, at 

University of California—San Francisco, 

Laurel Heights Conference Center, 

Sublevel 1 Auditorium, 3333 California 

Street, San Francisco, California 94118. 

The meeting will begin at 3 p.m. on 

Thursday, March 13, and at 8 a.m. on 

Friday, March 14. The meeting will be 

open to the public. The meeting will be 

webcast on the Commission’s Web site 

at http://www.sec.gov. Persons needing 

special accommodations to take part 

because of a disability should notify a 

contact person listed below. The public 

is invited to submit written statements 

for the meeting. 

The agenda for the Thursday, March 

13 meeting includes hearing oral 

testimony from panel participants 

regarding the Advisory Committee’s 

developed proposals related to 

materiality, restatements, and 

professional judgment. The agenda for 

the Friday, March 14 meeting includes 

(1) hearing oral testimony from panel 

participants regarding the Advisory 

Committee’s developed proposal related 

to the implementation of XBRL, and (2) 

consideration of comment letters 

received by the Advisory Committee, 

consideration of updates from 

subcommittees of the Advisory 

Committee, and discussion of next steps 

and planning for the next meeting. 

DATES: Written statements should be 

received on or before March 6, 2008. 

ADDRESSES: Written statements may be 

submitted by any of the following 

methods: 

Electronic Comments 

• Use the Commission’s Internet 

submission form (http://www.sec.gov/ 

rules/other.shtml); or 

• Send an e-mail message to rulecomments@sec.gov. Please include File 

Number 265–24 on the subject line. 

Paper Comments 

• Send paper statements in triplicate 

to Nancy M. Morris, Federal Advisory 

Committee Management Officer, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File No. 

265–24. This file number should be 

included on the subject line if e-mail is 

used. To help us process and review 

your statements more efficiently, please 

use only one method. The Commission 

staff will post all statements on the 

Advisory Committee’s Web site (http:// 

www.sec.gov/about/offices/oca/ 

acifr.shtml). Statements also will be 

available for public inspection and 

copying in the Commission’s Public 

Reference Room, 100 F Street, NE., 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. All statements received 

will be posted without change; we do 

not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. 

FOR FURTHER INFORMATION CONTACT: 

James L. Kroeker, Deputy Chief 

Accountant, or Shelly C. Luisi, Senior 

Associate Chief Accountant, at (202) 

551–5300, Office of the Chief 

Accountant, Securities and Exchange 

Commission, 100 F Street, NE., 

Washington, DC 20549–6561. 

SUPPLEMENTARY INFORMATION: In 

accordance with Section 10(a) of the 

Federal Advisory Committee Act, 5 

U.S.C. App. 1, § 10(a), James L. Kroeker, 

Designated Federal Officer of the 

Committee, has approved publication of 

this notice. 

Dated: February 21, 2008. 

Nancy M. Morris, 

Committee Management Officer. 

[FR Doc. E8–3568 Filed 2–25–08; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of: TelcoBlue, Inc.; Order 

of Suspension of Trading 

February 22, 2008. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of TelcoBlue, 

Inc. (‘‘TelcoBlue’’) because TelcoBlue 

has failed to file its last six required 

periodic reports. 

The Commission is of the opinion that 

the public interest and the protection of 

mstockstill on PROD1PC66 with NOTICES

10314 Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices 

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

2 17 CFR 240.19b–4. 

3The Fund is a series of the SPDR Series Trust 

(formerly streetTRACKS Series Trust, the ‘‘Trust’’), 

an investment company registered under the 

Investment Company Act of 1940 (‘‘1940 Act’’). 

4An Index Fund Share is a security that is issued 

by an open-end management investment company 

based on a portfolio of stocks or fixed-income 

securities or a combination thereof that seeks to 

provide investment results that correspond 

generally to the price and yield performance or total 

return performance of a specified foreign or 

domestic stock index, fixed-income securities 

index, or combination thereof. See Amex Rule 

1000A–AEMI(b)(1). 

5Barclays Capital, which created and manages 

the Index, is the investment banking division of 

Barclays Bank PLC, which is regulated by the 

Financial Services Authority of the United 

Kingdom. 

6A linker is an inflation-linked bond. 

7The generic listing requirements under 

Commentary .03 to Amex Rule 1000A–AEMI permit 

the listing and trading of Index Fund Shares 

pursuant to Rule 19b–4(e) under the Act (17 CFR 

240.19b–4(e)). Rule 19b–4(e) provides that the 

listing and trading of a new derivative securities 

product by a self-regulatory organization (‘‘SRO’’) 

shall not be deemed a proposed rule change, 

pursuant to Rule 19b–4(c)(1), if the Commission has 

approved, pursuant to Section 19(b) of the Act, the 

SRO’s trading rules, procedures, and listing 

standards for the product class that would include 

the new derivatives securities product, and the SRO 

has a surveillance program for the product class. 

8Fixed Income Securities are debt securities that 

are notes, bonds, debentures, or evidence of 

indebtedness that include, but are not limited to, 

U.S. Department of Treasury securities, 

government-sponsored entity securities, municipal 

securities, trust preferred securities, supranational 

debt, and debt of a foreign country or a subdivision 

thereof. See Commentary .03 to Amex Rule 1000A–

AEMI. 

9Pursuant to Amex Rule 1002A(a)(i), the 

Exchange has established a minimum of 200,000 

Shares to be outstanding at the start of trading. The 

Exchange believes that the proposed minimum 

number of Shares outstanding at the start of trading 

is sufficient to provide market liquidity and is 

comparable to requirements that have been applied 

to previously listed series of Index Fund Shares. 

10 17 CFR 240.10A–3. 

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 on February 

22, 2008 through 11:59 p.m. EST on 

March 6, 2008. 

By the Commission. 

J. Lynn Taylor, 

Assistant Secretary. 

[FR Doc. 08–861 Filed 2–22–08; 10:44 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–57356; File No. SR–Amex–

2007–115] 

Self-Regulatory Organizations; 

American Stock Exchange, LLC; 

Notice of Filing and Order Granting 

Accelerated Approval of a Proposed 

Rule Change, as Modified by 

Amendment Nos. 1 and 2 Thereto, To 

List and Trade Shares of the SPDR

Barclays Capital Global Inflation 

Linked Exchange-Traded Fund 

February 20, 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 October 

29, 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 and II below, which Items have 

been substantially prepared by the 

Exchange. On January 4, 2008, the 

Exchange filed Amendment No. 1 to the 

proposed rule change. On January 30, 

2008, the Exchange filed Amendment 

No. 2 to the proposed rule change. This 

order provides notice of the proposed 

rule change, as amended, and approves 

the proposed rule change, as modified 

by Amendment Nos. 1 and 2 thereto, on 

an accelerated basis. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to list and 

trade shares (‘‘Shares’’) of the SPDR

Barclays Capital Global Inflation Linked 

Exchange-Traded Fund (‘‘Fund’’).3 The 

text of the proposed rule change is 

available at the Exchange’s principal 

office, the Commission’s Public 

Reference Room, and http:// 

www.amex.com. 

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 III 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 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to list and 

trade Shares of the Fund pursuant to 

Amex Rule 1000A–AEMI and Amex 

Rules 1001A through 1005A, which 

provide listing standards for Index Fund 

Shares.4 The Shares represent an 

interest in the investment portfolio of 

the Fund and are registered under the 

Act. The Fund’s investment objective is 

to provide investment results that, 

before fees and expenses, correspond 

generally to the price and yield 

performance of the World Government 

TIPS Index, an index that tracks the 

inflation-protected sector of the global 

bond market. The Fund employs an 

indexing approach seeking to 

substantially replicate, before fees and 

expenses, the price and yield 

performance of the Barclays World 

Government Inflation-Linked Bond 

Index (‘‘Index’’).5 The Index measures 

the performance of the major 

government inflation-linked bond 

markets and is constructed from a 

selection of country/currency indices 

based on rating and size. The Index is 

designed to include only those markets 

in which a global government linker 6

fund is likely to invest and includes the 

following ten countries: United 

Kingdom, Australia, Canada, Sweden, 

United States, France, Italy, Japan, 

Germany, and Greece. 

The Exchange represents that the 

Fund does not satisfy the generic listing 

standards in Commentary .03(a)(5) to 

Amex Rule 1000A–AEMI, which 

requires that the underlying index or 

portfolio (excluding one consisting 

entirely of exempted securities) must 

include a minimum of 13 non-affiliated 

issuers.7 Currently, the Index only 

includes ten non-affiliated issuers. 

Except for Commentary .03(a)(5) to 

Amex Rule 1000A–AEMI, Amex states 

that the Shares currently satisfy all 

applicable generic listing standards for 

Index Fund Shares based on Fixed 

Income Securities.8 The Exchange 

further represents that the continued 

listing standards for Index Fund Shares 

under Amex Rule 1002A(b) are 

applicable to the Shares.9 The issuer of 

the Shares, the Trust, is required to 

comply with Rule 10A–3 under the 

Act 10 for the initial and continued 

listing of the Shares. 

The Exchange states that detailed 

descriptions of the Fund, the Index 

(including the methodology used to 

determine the composition of the 

Index), investment objective, 

management, and structure of the Fund, 

procedures and payment requirements 

for creating and redeeming Shares, 

transaction fees and expenses, 

dividends, distributions, taxes, reports 

mstockstill on PROD1PC66 with NOTICES