[Federal Register Volume 66, Number 180 (Monday, September 17, 2001)]
[Notices]
[Page 48072]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-23153]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-44776; File No. SR-CBOE-2001-35]


Self Regulatory Organizations; Order Granting Approval of 
Proposed Rule Change and Amendment No. 1 thereto by the Chicago Board 
Options Exchange, Inc. Relating to Marketing and Administrative Fees

September 7, 2001.
    On June 18, 2001, pursuant to section 19(b)(1) of the Securities 
Exchange Act of 1934 (Act) \1\ and Rule 19b-4 thereunder,\2\ the 
Chicago Board Options Exchange, Inc. (``CBOE'') filed with the 
Securities and Exchange Commission (``Commission'') a proposed rule 
change to impose a one-time supplemental administrative charge against 
the interest payments that the CBOE's Designated Primary Market Makers 
received in their marketing fee accounts for fiscal year 2000. The CBOE 
submitted Amendment No. 1 to the proposed rule change on July 20, 
2001.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See letter from Christopher R. Hill, Legal Department, CBOE, 
to Nancy Sanow, Assistant Director, Division of Market Regulation, 
Commission, dated July 19, 2001.
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    The proposed rule change was published for comment in the Federal 
Register on August 7, 2001.\4\ The Commission received no comments on 
the proposal.
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    \4\ See Securities Exchange Act Release No. 44628 (July 31, 
2001), 66 FR 41281 (August 7, 2001).
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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, particularly 
section 6 of the Act \5\ and the rules and regulations thereunder.\6\ 
Moreover, the Commission finds that the proposed rule change is 
consistent with section 6(b)(4) of the Act \7\ because it has been 
designed to provide for the equitable allocation of reasonable dues, 
fees, and other charges among CBOE members.
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    \5\ 15 U.S.C. 78f.
    \6\ 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).
    \7\ 15 U.S.C. 78f(b)(4).
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    It is therefore ordered, pursuant to section 19(b)(2) of the 
Act,\8\ that the proposed rule change (File No. SR-CBOE-2001-35) be, 
and it hereby is, approved.
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    \8\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\9\
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    \9\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-23153 Filed 9-14-01; 8:45 am]
BILLING CODE 8010-01-M