Document ID: SEC-2007-1351-0001
Agency: sec
Document Type: Notice
Title: Applications, hearings, determinations, etc.: Gerdine&amp; Associates
Posted Date: 2007-10-01T04:00Z

[Federal Register: October 1, 2007 (Volume 72, Number 189)]
[Notices]               
[Page 55835-55836]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01oc07-99]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-56521]

 
Order Cancelling the Registration of a Transfer Agent

September 25, 2007.
    On October 26, 2006, notice was published in the Federal Register 
that the Securities and Exchange Commission (``Commission'') intended 
to issue an order, pursuant to Section 17A(c)(4)(B) of the Securities 
Exchange Act of 1934 (``Act''),\1\ cancelling the transfer agent 
registration of certain transfer agents.\2\ For the reasons discussed 
below, the Commission is cancelling the registration of one of the 
transfer agents listed in the notice.
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    \1\ 15 U.S.C. 78q-1(c)(4)(B).
    \2\ Securities Exchange Act Release No. 54633 (October 20, 
2006), 71 FR 62631 (October 26, 2006).

FOR FURTHER INFORMATION CONTACT: Jerry W. Carpenter, Assistant 
Director, or Catherine Moore, Special Counsel, at (202) 551-5710, 
Division of Market Regulation, Securities and Exchange Commission, 100 
F Street, NE., Washington, DC 20549-6628.

Background

    Section 17A(c)(4)(B) of the Act provides that if the Commission 
finds that any transfer agent registered with the Commission is no 
longer in existence or has ceased to do business as a transfer agent, 
the Commission shall by order cancel that transfer agent's 
registration. On October 26, 2006, the Commission published notice of 
its intention to cancel the registration of 45 transfer agents that the 
Commission believed were no longer in existence or had ceased doing 
business as transfer agents. The notice stated that at any time after 
November 27, 2006, which was 30 days after the notice was published in 
the Federal Register, the Commission intended to issue an order 
canceling the registrations of any or all of the identified transfer 
agents.
    Gerdine & Associates (File No. 84-5820) was one of the transfer 
agents identified in the notice. Gerdine & Associates objected to the 
cancellation of its registration because it stated that it has not 
ceased to do business as a transfer agent. On February 1, 2007, the

[[Page 55836]]

Commission by order cancelled the registration of the 44 other transfer 
agents identified in the notice, but it postponed taking action with 
respect to Gerdine & Associates' registration pending further 
inquiry.\3\
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    \3\ Securities Exchange Act Release No. 55220 (February 1, 
2007), 72 FR 6623 (February 12, 2007).
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    After conducting an inquiry, including a telephone interview with 
the representative from Gerdine & Associates, the Commission has 
determined that Gerdine & Associates is not in business as a transfer 
agent. Accordingly, the Commission is cancelling the registration of 
Gerdine & Associates.

Order

    It is therefore ordered pursuant to Section 17A(c)(4)(B) of the Act 
that the registration as a transfer agent of Gerdine & Associates be 
and hereby is cancelled.

    For the Commission by the Division of Market Regulation, 
pursuant to delegated authority.\4\
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    \4\ 17 CFR 200.30-3(a)(22).
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Nancy M. Morris,
Secretary.
[FR Doc. E7-19291 Filed 9-28-07; 8:45 am]

BILLING CODE 8011-01-P