[Federal Register Volume 67, Number 118 (Wednesday, June 19, 2002)]
[Notices]
[Page 41743]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-15382]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the Boston Stock Exchange, Inc. (I.D. Systems, 
Inc., Common Stock, $.01 Par Value) File No. 1-15087

June 13, 2002.
    I.D. Systems, Inc., a Delaware 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) thereunder,\2\ to withdraw 
its Common Stock, $.01 par value (``Security''), from listing and 
registration on the Boston Stock Exchange, Inc. (``BSE'' 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 complied with the 
Rules of the BSE that govern the removal of securities from listing and 
registration on the Exchange. In making the decision to withdraw the 
Security from listing and registration on the BSE, the Issuer 
considered the relative liquidity provided by the BSE versus other 
securities exchanges and the direct and indirect cost associated with 
maintaining multiple listings. The Issuer stated in its application 
that the Security has been listed on the Nasdaq SmallCap Market since 
July 1999. The Issuer represented that it will maintain its listing on 
the Nasdaq SmallCap Market.
    The Issuer's application relates solely to the Security's 
withdrawal from listing on the BSE and from registration under section 
12(b) of the Act \3\ and shall not affect its obligation to be 
registered under section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before July 8, 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 BSE 
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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 02-15382 Filed 6-18-02; 8:45 am]
BILLING CODE 8010-01-P