[Federal Register Volume 67, Number 74 (Wednesday, April 17, 2002)]
[Notices]
[Pages 18954-18955]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-9307]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration on the American Stock Exchange LLC (FBR Asset 
Investment Corporation, Common Stock, Par Value $.01 Per Share) File 
No. 1-15049

April 11, 2002.
    FBR Asset Investment Corporation, a Virginia corporation 
(``Issuer''), has filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
hereunder,\2\ to withdraw its Common Stock, par value $.01, per share 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'' or ``Exchange'').
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    \1\ 15 U.S.C. 78l(d)
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of Amex Rule l8 by complying with all applicable laws in 
effect in the State of Virginia, in which it is incorporated, and with 
the Amex's rules governing an issuer's voluntary withdrawal of a 
security from listing and registration. The Amex has in turn informed 
the Issuer that it does not object to the proposed withdrawal of the 
Issuer's Security from listing and registration on the Exchange.
    The Board of Trustees (``Board'') of the Issuer approved a 
resolution on March 14, 2002 to withdraw the Issuer's Security from 
listing on the Amex and to list such Security on the New York Stock 
Exchange, Inc. (``NYSE''), effective April 10, 2002. In making its 
decision, the Board opined that listing the Security on the NYSE will 
(i) provide lasting benefits to its

[[Page 18955]]

shareholders; (ii) increase visibility to investors; and (iii) provide 
greater liquidity for the Security.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing and registration on the Amex and shall have no 
effect upon the Security's continued listing and registration on the 
NYSE under section 12(b) of the Act.\3\
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    \3\ 15 U.S.C. 781(b).
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    Any interested person may, on or before May 1, 2002, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549-0609, facts bearing upon whether 
the application has been made in accordance with the rules of the Amex 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 02-9307 Filed 4-16-02; 8:45 am]
BILLING CODE 8010-01-P