[Federal Register Volume 59, Number 72 (Thursday, April 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-8934]


[[Page Unknown]]

[Federal Register: April 14, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Self-Regulatory Organizations; Order Granting Application To 
Strike From Listing and Registration; The Chicago Stock Exchange, Inc. 
(Circle Fine Art Corporation, Common Stock, $.10 Par Value) File No. 1-
8653

April 8, 1994.
    The Chicago Stock Exchange, Inc. (``Exchange'') has filed an 
application with the Securities and Exchange Commission 
(``Commission'') pursuant to section 12(d) of the Securities Exchange 
Act of 1934 and Rule 12d2-2(c) promulgated thereunder to strike the 
above specified security from listing and registration thereon.
    The reasons alleged for striking this security from listing and 
registration include the following:
    According to the Exchange, Article XXVIII, Rule 7, states that, an 
issue will be considered for delisting when the volume of trading 
declines to a level which will not support a listed market in the 
judgment of the Exchange and its Committee on Floor Procedure.
    According to the Exchange, there has been no trading volume since 
1990 for the Circle Fine Art Corporation on the Chicago Stock Exchange, 
Inc. (``CHX'').
    According to the Exchange, Article XXVIII, Rule 7 Paragraph 1 
states, that the applicant shall agree to notify the Exchange promptly 
of any changes in the general character or nature of its business.
    According to the Exchange, the Company did not send a 10-K to the 
Exchange until it responded to a third request from the Exchange. The 
Company had been delinquent in sending current filings to the Exchange. 
In the interim, there were changes in the nature of the Company's 
general structure.
    The Commission, having considered the facts stated in the 
application and having due regard for the public interest and 
protection of investors, orders that said application be, and it hereby 
is, granted, effective at the opening of business on April 11, 1994.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-8934 Filed 4-13-94; 8:45 am]
BILLING CODE 8010-01-M