[Federal Register Volume 68, Number 195 (Wednesday, October 8, 2003)]
[Notices]
[Page 58153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-25453]


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SECURITIES AND EXCHANGE COMMISSION


Self-Regulatory Organizations; Notice of Application To Withdraw 
From Listing and Registration on the Philadelphia Stock Exchange, Inc. 
(Insignia Systems, Inc., Common Stock, $.01 Par Value) File No. 1-13471

October 2, 2003.
    Insignia Systems, Inc., a Minnesota 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, as amended (``Act''),\1\ and Rule 12d2-2(d) thereunder,\2\ 
to withdraw its Common Stock, $.01 par value (``Security''), from 
listing and registration on the Philadelphia Stock Exchange, Inc. 
(``Phlx'' 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 Board of Directors (``Board'') of the Issuer approved a 
resolution on April 11, 2000 to withdraw its Security from listing on 
the Exchange. The Issuer states that it is taking such action for the 
following reasons: the Security is actively traded on the Nasdaq 
National Market System (``Nasdaq'') and the Issuer fully intends to 
maintain the listing and registration on Nasdaq. In addition, the 
Security has not traded on the Phlx since May of 1999.
    The Issuer states in its application that it has met the 
requirements of Phlx Rule 809 governing an issuer's voluntary 
withdrawal of a security from listing and registration. The Issuer's 
application relates solely to the withdrawal of the Security from 
listing on the Amex 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 October 24, 2003 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, D.C. 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Phlx 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. 03-25453 Filed 10-7-03; 8:45 am]
BILLING CODE 8010-01-P