[Federal Register Volume 59, Number 109 (Wednesday, June 8, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-13878]


[[Page Unknown]]

[Federal Register: June 8, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Self-Regulatory Organizations; Chicago Stock Exchange, 
Incorporated; Application for Unlisted Trading Privileges in Two Over-
the-Counter Issues and To Withdraw Unlisted Privileges in Two Over-the-
Counter Issues

June 2, 1994.
    On May 26, 1994, the Chicago Stock Exchange, Inc. (``CHX''), 
submitted an application for unlisted trading privileges (``UTP'') 
pursuant to section 12(f)(1)(C) of the Securities Exchange Act of 1934 
(``Act'') in the following over-the-counter (``OTC'') securities, i.e., 
securities not registered under section 12(b) of the Act.

------------------------------------------------------------------------
            File No.               Symbol              Issuer           
------------------------------------------------------------------------
7-12503.........................  TLAB....  Tellabs Incorporated.       
                                            Common Stock.               
                                            No par value.               
7-12504.........................  PWRS....  Powersoft Corporation.      
                                            Common Stock.               
                                            $.00167 par value.          
------------------------------------------------------------------------

    The above-referenced issues are being applied for as replacements 
for the following securities, which form a portion of the Exchange's 
program in which OTC securities are being traded pursuant to the 
granting of UTP.
    The CHX also applied to withdraw UTP pursuant to section 12(f)(4) 
of the Act for the following issues:

------------------------------------------------------------------------
            File No.               Symbol              Issuer           
------------------------------------------------------------------------
7-12505.........................  INNN....  Interactive Network.        
                                            Common Stock.               
                                            No par value.               
7-12506.........................  BSBL....  Score Board.                
                                            Common Stock.               
                                            $.01 par value.             
------------------------------------------------------------------------

    Replacement issues are being requested due to lack of trading 
activity.

Comments

    Interested persons are invited to submit, on or before June 23, 
1994, written comments, data, views and arguments concerning this 
application. Persons desiring to make written comments should file 
three copies with the Secretary, Securities and Exchange Commission, 
450 Fifth Street, NW., Washington, DC 20549.
    Commentators are asked to address whether they believe the 
requested grant of UTP as well as the withdrawal of UTP would be 
consistent with section 12(f)(2), which requires that, in considering 
an application for extension or withdrawal of UTP in an OTC security, 
the Commission consider, among other matters, the public trading 
activity in such security, the character of such trading, the impact of 
such extension on the existing markets for such security, and the 
desirability of removing impediments to and the progress that has been 
made toward the development of a national market system.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-13878 Filed 6-7-94; 8:45 am]
BILLING CODE 8010-01-M