49028 Federal Register / Vol. 72, No.
165 / Monday, August 27, 2007 / Notices
PLACE: Commissioners’ Conference
Room, 11555 Rockville Pike, Rockville,
Maryland.
STATUS: Public and Closed.
ADDITIONAL MATTERS TO BE CONSIDERED:
Week of August 27, 2007—Tentative
Thursday, August 30, 2007
9 a.m.
Affirmation Session (Public Meeting)
(Tentative)
a. Final Rule: 10 CFR Parts 30, 31, 32,
and 150—Exemptions from
Licensing, General Licenses, and
Distribution of Byproduct Material:
Licensing and Reporting
Requirements (RIN 3150–AH41)
(Tentative)
b. Pacific Gas and Electric Co. (Diablo
Canyon ISFSI), Docket No. 72–26–
ISFSI, San Luis Obispo Mothers for
Peace’s Contentions and Request for
Hearing Regarding Diablo Canyon
Environmental Assessment
Supplement (Tentative)
c. Southern Nuclear Operating Co.
(Early Site Permit for Vogtle ESP
Site)—Certified Question Regarding
Conduct of Mandatory Hearing
(Tentative)
Week of September 3, 2007—Tentative
Tuesday, September 4, 2007
2:30 p.m.
Briefing on Radioactive Materials
Security and Licensing (Public
Meeting) (Contact: Robert Lewis,
301–415–8722)
Additional Information
The Affirmation Session previously
scheduled at 12:55 p.m. on August 30,
2007, has been rescheduled at 9 a.m. on
August 30, 2007. Also, a third item for
affirmation has been added, tentatively:
Final Rule: 10 CFR parts 30, 31, 32, and
150—Exemptions from Licensing,
General Licenses, and Distribution of
Byproduct Material: Licensing and
Reporting Requirements (RIN 3150–
AH41).
Briefing on Radioactive Materials
Security and Licensing (Public Meeting)
tentatively scheduled on September 28,
2007 at 9:30 a.m. has been rescheduled
on September 4, 2007, at 2:30 p.m.
* * * * * (‘‘OMB’’) a request for extension of the
*The schedule for Commission
meetings is subject to change on short
notice. To verify the status of meetings
call (recording)—(301) 415–1292.
rmajette on PROD1PC64 with NOTICES
Contact person for more information:
Michelle Schroll, (301) 415–1662.
* * * * * be made by broker-dealers that operate
The NRC Commission Meeting
Schedule can be found on the Internet
VerDate Aug<31>2005 15:56 Aug 24, 2007 Jkt 211001
at: http://www.nrc.gov/what-we-do/
policy-making/schedule.html.
* * * * * antifraud and antimanipulative rules, as
The NRC provides reasonable
accommodation to individuals with
disabilities where appropriate. If you
need a reasonable accommodation to
participate in these public meetings, or
need this meeting notice or the
transcript or other information from the
public meetings in another format (e.g.
braille, large print), please notify the
NRC’s Disability Program Coordinator,
Rohn Brown, at 301–415–2279, TDD:
301–415–2100, or by e-mail at
REB3@nrc.gov. Determinations on
requests for reasonable accommodation
will be made on a case-by-case basis.
* * * * *
This notice is distributed by mail to
several hundred subscribers; if you no
longer wish to receive it, or would like
to be added to the distribution, please
contact the Office of the Secretary,
Washington, DC 20555 (301–415–1969).
In addition, distribution of this meeting
notice over the Internet system is
available. If you are interested in
receiving this Commission meeting
schedule electronically, please send an
electronic message to dkw@nrc.gov.
Dated: August 21, 2007.
R. Michelle Schroll,
Office of the Secretary.
[FR Doc. 07–4201 Filed 8–23–07; 10:28 am]
BILLING CODE 7590–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension: Rule 17a–3(a)(16), SEC File No.
270–452, OMB Control No. 3235–0508.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. Sec. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
previously approved collection of
information discussed below.
Rule 17a–3(a)(16) (17 CFR 240.17a–
3(a)(16)) under the Securities Exchange
Act of 1934 (the ‘‘Act’’) (15 U.S.C. 78q
et seq.) identifies the records required to
internal broker-dealer systems. Those
records are to be used in monitoring
PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 E:\FR\FM\27AUN1.SGM
compliance with the Commission’s
financial responsibility program and
well as other rules and regulations of
the Commission and the self-regulatory
organizations. It is estimated that
approximately 105 active broker-dealer
respondents registered with the
Commission incur an average burden of
2,835 hours per year (105 respondents
multiplied by 27 burden hours per
respondent equals 2,385 total burden
hours) to comply with this rule. The
average cost per hour is $197. Therefore
the total cost of compliance for the
respondents is $558,495.
Rule 17a–3(a)(16) does not contain
record retention requirements.
Compliance with the rule is mandatory.
The required records are available only
to the examination staff of the
Commission and the self-regulatory
organization of which the broker-dealer
is a member. An agency may not
conduct or sponsor and a person is not
required to respond to a collection of
information unless it displays a
currently valid control number.
Comments should be directed to (i)
Desk Officer for the Securities and
Exchange Commission, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Room 10102, New Executive Office
Building, Washington, DC 20503 or by
sending an e-mail to:
David_Rostker@omb.eop.gov; and (ii) R.
Corey Booth, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Shirley Martinson,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted within 30 days of this
notice.
Dated: August 20, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–16880 Filed 8–24–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of Environmental
Safeguards, Inc., Garden Botanika,
Inc., Northwestern Steel & Wire Co.,
Paul Harris Stores, Inc., Ultra
Motorcycle Co., UStel, Inc., and Yarc
Systems Corp.; Order of Suspension
of Trading
August 23, 2007.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
27AUN1
 Federal Register / Vol. 72, No. 165 / Monday, August 27, 2007 / Notices
concerning the securities of
Environmental Safeguards, Inc. because
it has not filed any periodic reports
since it filed a Form 10–QSB for the
period ended June 30, 2004.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Garden
Botanika, Inc. because it has not filed
any periodic reports since it filed a
Form 10–Q for the period ended
October 28, 2000.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of
Northwestern Steel & Wire Co. because
it has not filed any periodic reports
since it filed a Form 10–Q for the period
ended January 31, 2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Paul Harris
Stores, Inc. because it has not filed any
periodic reports since it filed a Form
10–Q for the period ended October 28,
2000.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Ultra
Motorcycle Co. because it has not filed
any periodic reports since it filed a
Form 10–QSB for the period ended
March 31, 2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of UStel, Inc.
because it has not filed any periodic
reports since it filed a Form 10–QSB for
the period ended September 30, 1998.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Yarc
Systems Corp. because it has not filed
any periodic reports since it filed a
Form 10–KSB for the period ended
January 31, 2000.
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
companies.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
rmajette on PROD1PC64 with NOTICES
Act of 1934, that trading in the above-
listed companies is suspended for the
period from 9:30 a.m. EDT on August
23, 2007, through 11:59 p.m. EDT on
September 6, 2007.
VerDate Aug<31>2005 15:56 Aug 24, 2007 Jkt 211001
By the Commission.
Nancy M. Morris,
Secretary.
[FR Doc. 07–4200 Filed 8–23–07; 9:51 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–56287; File No. SR–CBOE–
2007–41]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Order Approving
Proposed Rule Change as Modified by
Amendment No. 1 Thereto To Codify
Pre-Existing Practices and To Amend
and Supplement Rule 24.9
August 20, 2007.
On May 1, 2007, the Chicago Board
Options Exchange, Incorporated
(‘‘CBOE’’) filed with the Securities and
Exchange Commission (‘‘SEC’’ or
‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposal to amend Rule
24.9, Terms of Index Options, to codify
the pre-existing methodology used for
determining the day on which the
exercise settlement value of CBOE
Volatility Index options and CBOE
Increased-Value Volatility Index options
(collectively,’’Volatility Index options’’)
is calculated and to supplement the
manner for determining the day on
which the exercise settlement value of
Volatility Index options is calculated in
the event of an Exchange holiday.
The Exchange submitted Amendment
No. 1 to the proposed rule change on
June 7, 2007. The proposed rule change
was published for comment in the
Federal Register on July 16, 2007.3 The
Commission received no comments on
the proposal. This order approves the
proposed rule change as modified by
Amendment No. 1.
In this proposal, CBOE proposed to
amend Rule 24.9, Terms of Index
Options, to codify the pre-existing
methodology used for determining the
day on which the exercise settlement
value of Volatility Index options is
calculated.4 This day is also the
expiration date for Volatility Index
options and the business day
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 Securities Exchange Act Release No. 56036 (July
10, 2007), 72 FR 38850 (July 16, 2007).
4 See Securities Exchange Act Release No. 53342
(February 21, 2006), 71 FR 10086 (February 28,
2006) (SR–CBOE–2006–008); See also CBOE
Regulatory Circular 2006–23 (describing
methodology for determining date of calculation of
exercise settlement value and expiration date).
PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 E:\FR\FM\27AUN1.SGM
49029
immediately before the expiration date
is the last trading day for Volatility
Index options. The Exchange also
proposed to supplement the manner for
determining the day on which the
exercise settlement value of Volatility
Index options is calculated in the event
of an Exchange holiday.
In general, each Volatility Index is
calculated using the quotes of certain
index option series (e.g., S&P 500 Index
(‘‘SPX’’) options) to derive a measure of
volatility of the U.S. equity market.
Under CBOE’s current methodology, the
day on which the exercise settlement
value of a Volatility Index option is
calculated and the expiration date of a
Volatility Index option is the
Wednesday that is thirty days prior to
the third Friday of the calendar month
immediately following the expiring
month of the Volatility Index option.5
Additionally, the Tuesday immediately
before that Wednesday is the last
trading day for Volatility Index options.
According to the CBOE, this
methodology was chosen because it
provides consistency by ensuring that
Volatility Index options expire exactly
thirty days before the expiration date of
the options that are used to calculate the
Volatility Indexes and reflects CBOE’s
belief that the settlement process works
best if underlying option series with a
single expiration month are used to
calculate a Volatility Index. According
to CBOE, if underlying options series in
two expiration months are used, the
number of options series used in the
settlement process is markedly
increased and the settlement process
becomes more complex and
cumbersome. Consequently, in this
filing the Exchange proposed to amend
the existing text of Rule 24.9, relating to
the current methodology, to codify its
pre-existing practice.
The Exchange further proposed to
supplement the current methodology by
providing a framework for determining
the day on which the exercise
settlement value for Volatility Index
options will be calculated and the
expiration date for Volatility Index
options when the Exchange is closed on
the third Friday of any given calendar
month. Specifically, the Exchange
proposed to amend Rule 24.9 to provide
that if the third Friday of the month
subsequent to the expiration of a
Volatility Index option is an Exchange
holiday, the exercise settlement value of
the Volatility Index option will be
calculated on the business day that is
thirty days prior to the Exchange
5 The options used to calculate the Volatility
Indexes are traded on CBOE and generally expire
on the third Friday of any given calendar month.
27AUN1