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Federal Register / Vol. 72, No.

180 / Tuesday, September 18, 2007 / Notices 53273

subject line if e-mail is used. To help the be submitted on or before October 9, solicit comments on the proposed rule
Commission process and review your 2007. change from interested persons.
comments more efficiently, please use For the Commission, by the Division of I. Self-Regulatory Organization’s
only one method. The Commission will Market Regulation, pursuant to delegated Statement of the Terms of Substance of
post all comments on the Commissions authority.9 the Proposed Rule Change
Internet Web site (http://www.sec.gov/ Florence E. Harmon,
rules/sro.shtml). Copies of the Deputy Secretary.
The proposed rule change would
submission, all subsequent reduce certain OCC clearing fees.
[FR Doc. E7–18270 Filed 9–17–07; 8:45 am]
amendments, all written statements BILLING CODE 8010–01–P II. Self-Regulatory Organization’s
with respect to the proposed rule Statement of the Purpose of, and
change that are filed with the Statutory Basis for, the Proposed Rule
Commission, and all written SECURITIES AND EXCHANGE Change
communications relating to the COMMISSION
In its filing with the Commission,
proposed rule change between the
OCC included statements concerning
Commission and any person, other than [Release No. 34–56386; File No. SR–OCC–
2007–09]
the purpose of and basis for the
those that may be withheld from the
proposed rule change and discussed any
public in accordance with the comments it received on the proposed
provisions of 5 U.S.C. 552, will be Self-Regulatory Organizations; The
Options Clearing Corporation; Notice rule change. The text of these statements
available for inspection and copying in may be examined at the places specified
the Commission’s Public Reference of Filing and Immediate Effectiveness
of a Proposed Rule Change Relating to in Item IV below. OCC has prepared
Room, 100 F Street NE., Washington, DC summaries, set forth in sections (A), (B),
Clearing Fee Reduction
20549, on official business days and (C) below, of the most significant
between the hours of 10 a.m. and 3 p.m. September 11, 2007. aspects of such statements.2
Copies of such filing also will be Pursuant to Section 19(b)(1) of the
available for inspection and copying at Securities Exchange Act of 1934 (A) Self-Regulatory Organization’s
the principal office of the Exchange. All (‘‘Act’’),1 notice is hereby given that on Statement of the Purpose of, and
comments received will be posted August 2, 2007, The Options Clearing Statutory Basis for, the Proposed Rule
without change; the Commission does Corporation (‘‘OCC’’) filed with the Change
not edit personal identifying Securities and Exchange Commission The purpose of this rule change is to
information from submissions. You (‘‘Commission’’) the proposed rule make additional fee reductions. First,
should submit only information that change as described in Items I, II, and OCC is further reducing its currently
you wish to make available publicly. All III below, which items have been discounted standard clearing fee
submissions should refer to File prepared primarily by OCC. The schedule, as described in the following
Number SR–NYSE–2007–80 and should Commission is publishing this notice to chart.3

Current permanent standard fee Discounted standard fee Discounted standard fee sched-
Contracts/Trade schedule, effective May 1, 2007 schedule, effective May 1, 2007 ule, effective September 1, 2007

1–500 ............................................. $0.05/contract ............................... $0.035/contract ............................. $0.02/contract.


501–1,000 ...................................... $0.04/contract ............................... $0.028/contract ............................. $0.016/contract.
1,001–2,000 ................................... $0.03/contract ............................... $0.021/contract ............................. $15.00 (capped).
>2,000 ............................................ $55.00 (capped) ........................... $35.00 (capped) ........................... $15.00 (capped).

Second, OCC is halving the standard and other market participants without (C) Self-Regulatory Organization’s
market maker scratch fee to one cent per adversely affecting OCC’s ability to meet Statement on Comments on the
side. The discounted clearing fees and its expenses and maintain an acceptable Proposed Rule Change Received From
market-maker scratch fees will be level of retained earnings. Members, Participants, or Others
effective from September 1 through The proposed rule change is
December 31, 2007. Third, OCC is consistent with Section 17A of the Act Written comments were not and are
converting the CBOE Futures Exchange because it benefits clearing members not intended to be solicited with respect
(‘‘CFE’’) to its standard rebate-eligible and other market participants by to the proposed rule change, and none
fee schedule, effective September 1, reducing and discounting clearing fees have been received.
2007. As a result, clearing fees charged and allocating them in a fair and
equitable manner. The proposed rule III. Date of Effectiveness of the
for CFE transactions will be reduced. Proposed Rule Change and Timing for
The outdated alternative fee schedule change is not inconsistent with the
existing rules of OCC, including any Commission Action
offered to futures markets also will be
eliminated. other rules proposed to be amended.
Because the foregoing rule change
The reductions in OCC’s clearing fees (B) Self-Regulatory Organization’s changes fees charged clearing members
reflect the strong contract volume Statement on Burden on Competition by OCC, it has become effective
experienced by OCC this year to date. OCC does not believe that the pursuant to Section 19(b)(3)(A)(ii) of the
OCC believes that these fee changes will proposed rule change would impose any
pwalker on PROD1PC71 with NOTICES

financially benefit clearing members burden on competition.


9 17 CFR 200.30–3(a)(12). 2 The Commission has modified parts of these least one side of the trade is cleared by an OCC
1 15 U.S.C. 78s(b)(1). statements. Clearing Member, and (iii) commodity futures
3 The standard fee schedule currently applies to
traded on the Philadelphia Board of Trade.
(i) securities options, (ii) security futures where at

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53274 Federal Register / Vol. 72, No. 180 / Tuesday, September 18, 2007 / Notices

Act 4 and Rule 19b–4(f)(2) 5 thereunder. not edit personal identifying Dated: September 11, 2007.
At any time within sixty days of the information from submissions. You Steven C. Preston,
filing of the proposed rule change, the should submit only information that Administrator.
Commission may summarily abrogate you wish to make available publicly. All [FR Doc. E7–18320 Filed 9–17–07; 8:45 am]
such rule change if it appears to the submissions should refer to File BILLING CODE 8025–01–P
Commission that such action is Number SR–OCC–2007–09 and should
necessary or appropriate in the public be submitted on or before October 9,
interest, for the protection of investors, 2007. SMALL BUSINESS ADMINISTRATION
or otherwise in furtherance of the
Florence E. Harmon.
purposes of the Act. [Disaster Declaration #11027]
Deputy Secretary.
IV. Solicitation of Comments [FR Doc. E7–18271 Filed 9–17–07; 8:45 am]
Idaho Disaster #ID–00004 Declaration
Interested persons are invited to BILLING CODE 8010–01–P
of Economic Injury
submit written data, views, and
arguments concerning the foregoing, AGENCY: Small Business Administration.
including whether the proposed rule
SMALL BUSINESS ADMINISTRATION ACTION: Notice.
change is consistent with the Act.
Comments may be submitted by any of SUMMARY: This is a notice of an
the following methods: [Disaster Declaration #11026] Economic Injury Disaster Loan (EIDL)
Electronic Comments declaration for the State of IDAHO,
Arizona Disaster #AZ–00006 dated 09/11/2007.
• Use the Commission’s Internet Declaration of Economic Injury
comment form (http://www.sec.gov/ Incident: Castle Rock Wild Land Fire.
rules/sro.shtml); or AGENCY: Small Business Administration. Incident Period: 08/19/2007 and
• Send an e-mail to rule- ACTION: Notice. continuing.
comments@sec.gov. Please include File Effective Date: 09/11/2007.
Number SR–OCC–2007–09 on the SUMMARY: This is a notice of an
EIDL Loan Application Deadline Date:
subject line. Economic Injury Disaster Loan (EIDL) 06/11/2008.
declaration for the State of ARIZONA,
Paper Comments dated 09/11/2007. ADDRESSES: Submit completed loan
• Send paper comments in triplicate Incident: Pima County monsoon. applications to: U.S. Small Business
to Nancy M. Morris, Secretary, Incident Period: 07/21/2007 through Administration, Processing and
Securities and Exchange Commission, 07/31/2007. Disbursement Center, 14925 Kingsport
100 F Street, NE., Washington, DC Effective Date: 09/11/2007. Road, Fort Worth, TX 76155.
20549–1090. EIDL Loan Application Deadline Date: FOR FURTHER INFORMATION CONTACT: A.
All submissions should refer to File 06/11/2008. Escobar, Office of Disaster Assistance,
Number SR–OCC–2007–09. This file U.S. Small Business Administration,
ADDRESSES: Submit completed loan
number should be included on the 409 3rd Street, SW., Suite 6050,
applications to: U.S. Small Business
subject line if e-mail is used. To help the Washington, DC 20416.
Administration, Processing and
Commission process and review your
Disbursement Center, 14925 Kingsport SUPPLEMENTARY INFORMATION: Notice is
comments more efficiently, please use
Road, Fort Worth, TX 76155. hereby given that as a result of the
only one method. The Commission will
FOR FURTHER INFORMATION CONTACT: A. Administrator’s EIDL declaration,
post all comments on the Commission’s
Escobar, Office of Disaster Assistance, applications for economic injury
Internet Web site (http://www.sec.gov/
U.S. Small Business Administration, disaster loans may be filed at the
rules/sro.shtml). Copies of the
409 3rd Street, SW., Suite 6050, address listed above or other locally
submission, all subsequent
Washington, DC 20416. announced locations.
amendments, all written statements
with respect to the proposed rule SUPPLEMENTARY INFORMATION: Notice is The following areas have been
change that are filed with the hereby given that as a result of the determined to be adversely affected by
Commission, and all written Administrator’s EIDL declaration, the disaster:
communications relating to the applications for economic injury Primary Counties: Blaine.
proposed rule change between the disaster loans may be filed at the Contiguous Counties:
Commission and any person, other than address listed above or other locally Idaho: Bingham, Butte, Camas, Cassia,
those that may be withheld from the announced locations. Custer, Elmore, Lincoln, Minidoka,
public in accordance with the The following areas have been Power.
provisions of 5 U.S.C. 552, will be determined to be adversely affected by
available for inspection and copying in the disaster: The Interest Rate is: 4.000.
the Commission’s Public Reference Primary Counties: Pima. The number assigned to this disaster
Room, 100 F Street, NE., Washington, for economic injury is 110270.
Contiguous Counties:
DC 20549, on official business days Arizona: Cochise, Graham, Maricopa, The State which received an EIDL
between the hours of 10 a.m. and 3 p.m. Pinal, Santa Cruz, Yuma. Declaration # is Idaho.
Copies of such filing also will be (Catalog of Federal Domestic Assistance
available for inspection and copying at The Interest Rate is: 4.000.
Number 59002).
the principal office of OCC. All The number assigned to this disaster
pwalker on PROD1PC71 with NOTICES

for economic injury is 110260. Dated: September 11, 2007.


comments received will be posted
The State which received an EIDL Steven C. Preston,
without change; the Commission does
Declaration # is Arizona. Administrator.
4 15 U.S.C. 78s(b)(3)(A)(ii). (Catalog of Federal Domestic Assistance [FR Doc. E7–18321 Filed 9–17–07; 8:45 am]
5 17 CFR 240.19b–4(f)(2). Number 59002). BILLING CODE 8025–01–P

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