[Federal Register Volume 70, Number 11 (Tuesday, January 18, 2005)]
[Notices]
[Page 2909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-153]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Southern California 
Edison Company to Withdraw Its Cumulative Preferred Stock, 4.08% 
Series, 4.24% Series, 4.32% Series, and 4.78% Series, $25 Par Value, 
From Listing and Registration on the Pacific Exchange, Inc. File No. 1-
02313

January 10, 2005.
    On December 20, 2004, Southern California Edison Company, a 
California corporation (``Issuer''), 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 cumulative preferred 
stock, 4.08% series, 4.24% series, 4.32% series, and 4.78% series, $25 
par value (collectively, ``Securities''), from listing and registration 
on the Pacific Exchange, Inc. (``PCX'').
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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 (``the Board'') of the Issuer approved a 
resolution on November 18, 2004 to withdraw the Securities from listing 
on the PCX. The Board stated that the reasons for its decision to 
withdraw the Securities from the PCX are as follows: (i) The Securities 
are listed and traded on the American Stock Exchange LLC, (``Amex''), 
and the Securities will continue to be listed on Amex, giving 
shareholders a continued means of trading their Securities; (ii) as a 
listed company on the Amex and PCX, the Issuer is subject to dual and 
potentially conflicting regulation; (iii) the Issuer wishes to 
eliminate the additional costs and administrative burdens associated 
with maintaining dual listing of the Securities on the PCX and the 
Amex; and (iv) there were no significant business reasons for 
maintaining the listing of the Securities on the PCX.
    The Issuer stated in its application that it has complied with 
applicable rules of the PCX Rule 5.4(b) by providing the PCX with the 
required documents governing the withdrawal of securities from listing 
and registration on the PCX. The Issuer's application relates solely to 
the withdrawal of the Securities from listing on the PCX and shall not 
affect its continued listing on the Amex or its obligation to be 
registered under Section 12(b) of the Act.\3\
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    \3\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before February 4, 2005 comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of the PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to [email protected]. Please include 
the File Number 1-02313 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.
    All submissions should refer to File Number 1-02313. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room, 450 Fifth Street, NW., Washington, 
DC 20549. All comments received will be posted without change; we do 
not edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.
    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. E5-153 Filed 1-14-05; 8:45 am]
BILLING CODE 8010-01-P