[Federal Register Volume 70, Number 234 (Wednesday, December 7, 2005)]
[Notices]
[Pages 72866-72867]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-23783]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and 
Exchange Commission will hold the following meeting during the week of 
December 12, 2005:
    An Open Meeting will be held on Wednesday, December 14, 2005 at 10 
a.m. in Room L-002, the Auditorium.
    The subject matter of the Open Meeting scheduled for Wednesday, 
December 14, 2005 will be:

    1. The Commission will consider whether to propose a new rule 
that would enable a foreign private issuer meeting specified 
conditions to terminate its Exchange Act registration and reporting 
obligations under section 12(g) regarding a class of equity 
securities as well as terminate permanently its section 15(d) 
reporting obligations regarding a class of equity or debt 
securities. The Commission will also consider whether to propose a 
rule amendment that would apply the exemption from Exchange Act 
registration under Rule 12g3-2(b) to a class of equity securities 
immediately upon the effective date of the issuer's termination of 
effectiveness regarding that class of securities.
    For further information, please contact Elliot Staffin, Special 
Counsel, Office of International Corporate Finance, Division of 
Corporation Finance at (202) 551-3450.
    2. The Commission will consider whether to adopt amendments to 
the ``accelerated filer'' definition in Rule 12b-2 of the Securities 
Exchange Act of 1934 to ease some of the current restrictions on the 
exit of companies from accelerated filer status. The Commission will 
also consider adopting amendments that would amend the final phase-
in of the Form 10-K and Form 10-Q accelerated filing deadlines that 
is scheduled to take effect next year. Accelerated filers currently 
are scheduled to become subject to a 60-day filing deadline for 
their Form 10-K annual reports filed for fiscal years ending on or 
after December 15, 2005, and a 35-day deadline for the three 
subsequently filed quarterly reports on Form 10-Q.
    For further information, please contact Katherine Hsu, Special 
Counsel, Office of Rulemaking, Division of Corporation Finance, at 
(202) 551-3430.
    3. The Commission will consider whether to propose amendments to 
the best-price rule for issuer and third-party tender offers under 
the Securities Exchange Act of 1934. The proposed amendments would 
clarify that the best-price rule applies only with respect to the 
consideration offered and paid for securities tendered in a tender 
offer and should not apply to consideration offered and paid 
according to employment compensation, severance or other employee 
benefit arrangements entered into with employees or directors of the 
company that is the target of a third-party tender offer.
    For further information, please contact Mara L. Ransom, Special 
Counsel, Office of Mergers & Acquisitions, Division of Corporation 
Finance at (202) 551-3440.
    At times, changes in Commission priorities require alterations 
in the scheduling of meeting items. For further information and to 
ascertain what, if any, matters have been added, deleted or 
postponed, please contact: The Office of the Secretary at (202) 551-
5400.


[[Page 72867]]


    Dated: December 2, 2005
Jonathan G. Katz,
Secretary.
[FR Doc. 05-23783 Filed 12-5-05; 10:51 pm]
BILLING CODE 8010-01-P