[Federal Register Volume 67, Number 247 (Tuesday, December 24, 2002)]
[Notices]
[Pages 78528-78529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-32310]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-14206]


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration on the American Stock Exchange LLC (El Paso Electric 
Company, Common Stock, No Par Value)

December 18, 2002.
    El Paso Electric Company Inc., a Texas 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, no par value (``Security''), from listing and 
registration on the American Stock Exchange LLC (``Amex'' or 
``Exchange'').
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    \1\ 15 U.S.C. 781(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 18 by complying with all applicable laws in 
State of Texas, 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 Board of Directors (``Board'') of the Issuer unanimously 
approved a resolution on July 18, 2002, to withdraw the Issuer's 
Security from listing on the Amex. The Issuer states that trading in 
the Security on the New York Stock Exchange, Inc. (``NYSE'') began on 
December 4, 2002. The Issuer's decision to delist from the Amex and to 
list on the NYSE stems from dissatisfaction with the level of liquidity 
that has dominated trading on the Amex. The Board therefore believes 
that delisting its Security from the Amex and listing on the NYSE is in 
the best interest of the shareholders.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on the Amex and shall not affect its listing on 
the NYSE or its obligation to be registered under section 12(g) of the 
Act.\3\
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    \3\ 15 U.S.C. 781(g).
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    Any interested person may, on or before January 10, 2003, 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

[[Page 78529]]

the information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
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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. 02-32310 Filed 12-23-02; 8:45 am]
BILLING CODE 8010-01-P