[Federal Register Volume 63, Number 222 (Wednesday, November 18, 1998)]
[Notices]
[Page 64136]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-30824]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-40658; File No. SR-NASD-98-71]


Self-Regulatory Organizations; Notice of Withdrawal of Proposed 
Rule Change by the National Association of Securities Dealers, Inc. 
Relating to Establishment of a Pilot Program To Provide Proprietary 
Trading Data via NasdaqTrader.com

November 10, 1998.
    On September 29, 1998, the National Association of Securities 
Dealers, Inc. (``NASD'' or ``Association'') through its wholly-owned 
subsidiary, the Nasdaq Stock Market, Inc. (``Nasdaq'') filed with the 
Securities and Exchange Commission (``Commission'' or ``SEC'') a 
proposed rule change, pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ to 
amend Rule 7010 of the Rules of the NASD, to establish a pilot program 
to provide proprietary trading data via Nasdaq's NasdaqTrader.com web 
site.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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    Notice of the proposed rule change was published on October 9, 1998 
to solicit comment from interested persons.\3\ The Commission received 
two comment letters concerning the proposed rule change.\4\ On November 
5, 1998, the NASD withdrew the proposal rule change.\5\

    \3\ Securities Exchange Act Rel. No. 40542 (October 9, 1998), 63 
FR 55909 (October 19, 1998).
    \4\ Letters from Roland Beaulieu, President, Thomason Trading 
Services, Inc. (``Autex''), to Jonathan G. Katz, Secretary, SEC, 
dated October 22, 1998 and from Mari-Anne Pisarri, Pickard and 
Djinis LLP, to Katherine A. England, Assistant Director, Division of 
Market Regulation, SEC, dated October 13, 1998.
    \5\ Letter from Robert E. Aber, Senior Vice President and 
General Counsel, The Nasdaq Stock Market, Inc., to Katherine A. 
England, Assistant Director, Division of Market Regulation, SEC, 
dated November 4, 1998.
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    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 98-30824 Filed 11-17-98; 8:45 am]
BILLING CODE 8010-01-M