Document ID: SEC-2006-0635-0001
Agency: sec
Document Type: Notice
Title: May 11, 2006.
Posted Date: 2006-05-17T04:00Z

[Federal Register: May 17, 2006 (Volume 71, Number 95)]
[Notices]               
[Page 28720]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17my06-92]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-53635A; File No. SR-Amex-2005-075]

 
Self-Regulatory Organizations; American Stock Exchange LLC; Order 
Approving Proposed Rule Change and Amendments No. 2 and 3 Thereto 
Relating to the Establishment of a New Class of Registered Options 
Trader Called a Supplemental Registered Options Trader (``SROT'')

May 11, 2006.

Correction

    FR Doc. E6-5800, beginning on page 20144 in the issue of April 19, 
2006,\1\ incorrectly stated the Exchange's proposal to modify Amex Rule 
935-ANTE, which governs the allocation of unexecuted contracts. On page 
20144, in the 3rd column, the incorrect portion of the order stated as 
follows:
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    \1\See Securities Exchange Act Release No. 53635 (April 12, 
2006), 71 FR 20144.

``However, when more than one market participant is quoting at the 
ABBO, and an SROT is interacting with its own firm's orders, the ANTE 
System will allocate the remaining contracts after non-broker dealer 
customer orders as follows: (i) 20% to an SROT interacting with its own 
firm's orders; (ii) 20% to the specialist; and (iii) the balance to 
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registered options traders.''

    The corrected sentence reads as follows:

``However, when more than one market participant is quoting at the 
ABBO, and an SROT is interacting with its own firm's orders, the ANTE 
System will allocate the remaining contracts after non-broker dealer 
customer orders as follows: (i) 40% to an SROT interacting with its own 
firm's orders and (ii) the balance to registered options traders and to 
the specialist.''
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    \2\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\2\
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E6-7468 Filed 5-16-06; 8:45 am]

BILLING CODE 8010-01-P