[Federal Register Volume 66, Number 104 (Wednesday, May 30, 2001)]
[Notices]
[Page 29369]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-13531]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-44337; File No. SR-Amex-2001-15]


Self-Regulatory Organizations; Order Granting Approval to 
Proposed Rule Change by the American Stock Exchange LLC Relating to Its 
Annual Electronic Access Fee

May 22, 2001.
    On March 9, 2001, the American Stock Exchange LLC (``Exchange'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ the proposed rule change to 
(i) amend Article VII of the Exchange Constitution by deleting the 
requirement that the annual electronic access fee be fixed by the Board 
of Governors based on a given formula; and (ii) set the year 2001 
electronic access fee at $61,363.00.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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    The proposed rule change was published for comment in the Federal 
Register on April 16, 2001.\3\ The Commission received no comments on 
the proposal.
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    \3\ See Securities Exchange Act Release No. 44166 (April 6, 
2001), 66 FR 19591.
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    The Commission finds that the proposed rule change is consistent 
with the requirements of the Act and the rules and regulations 
thereunder applicable to a national securities exchange \4\ and, in 
particular, the requirements of section 6 of the Act \5\ and the rules 
and regulations thereunder. The Commission finds specifically that the 
proposed rule change is consistent with section 6(b)(4) of the Act \6\ 
because it is designed to provide for the equitable allocation of 
reasonable dues, fees and other charges among Exchange members and 
issuers and other persons using Exchange facilities.
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    \4\ In approving this proposed rule change, the Commission notes 
that it has considered the proposed rule's impact on efficiency, 
competition, and capital formation. 15 U.S.C. 78c(f).
    \5\ 15 U.S.C. 78f.
    \6\ 15 U.S.C. 78f(b)(4).
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    It Is Therefore Ordered, pursuant to section 19(b)(2) of the 
Act,\7\ that the proposed ruled change (File No. SR-Amex-2001-15) be, 
and it hereby is, approved.
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    \7\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-13531 Filed 5-29-01; 8:45 am]
BILLING CODE 8010-01-M