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Federal Register / Vol. 72, No.

73 / Tuesday, April 17, 2007 / Notices 19221

(10) and 17 CFR 200.402(a)(3), (5), (7), 2. Irwin Resources, Inc., is a Delaware Register on March 7, 2007.3 The
9(ii) and (10), permit consideration of company with offices in Vancouver, Commission received no comments
the scheduled matters at the Closed British Columbia, Canada. Questions regarding the proposal. This order
Meeting. have arisen regarding the adequacy and approves the proposed rule change, as
Commissioner Nazareth, as duty accuracy of press releases concerning modified by Amendments No. 1 and 2.
officer, voted to consider the items the company’s current financial The Exchange proposed to make the
listed for the closed meeting in closed condition, management, operations, and following actions subject to the BOX
session. transactions involving the issuance of MRVP:
The subject matter of the Closed the company’s shares. • contrary exercise advice infractions
Meeting scheduled for Thursday, April 3. Peopleline Telecom, Inc. is a (in violation of BOX Rule Chapter VII,
19, 2007 will be: Nevada company based in Los Angeles, Section 1(c), (d), (f), and (g));
Formal orders of investigations; California. Questions have arisen • locked and crossed market
Institution and settlement of injunctive regarding the adequacy and accuracy of infringements (in violation of BOX Rule
actions; press releases concerning the company’s Chapter XII, Section 4);
Institution and settlement of operations and concerning stock • Market Maker assigned activity
administrative proceedings of an promoting activity. violations (in violation of BOX Rule
enforcement nature; The Commission is of the opinion that Chapter VI, Section 4(e));
Litigation matters; and the public interest and the protection of • Market Maker’s failure to respond
Other matters related to enforcement investors require a suspension of trading to a request for a quote within the
proceedings. in the securities of the companies listed designated time limit (in violation of
above. BOX Rule Chapter VI, Section 6(b)(ii)–
At times, changes in Commission (iii)); and
priorities require alterations in the Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange • trade-through violations (in
scheduling of meeting items. violation of BOX Rule Chapter XII,
For further information and to Act of 1934, that trading in the
securities of the companies listed above Section 3(a)).
ascertain what, if any, matters have been The sanctions imposed would include
added, deleted or postponed, please is suspended for the period from 9:30
a.m. EDT, April 13, 2007, through 11:59 the application of a fine for each
contact: violation and an increased fine amount
The Office of the Secretary at (202) p.m. EDT, on April 26, 2007.
for repeat violations. In the instance of
551–5400. By the Commission. a trade-through violation, the rule
Dated: April 12, 2007. J. Lynn Taylor, proposal would also allow BOX
Nancy M. Morris, Assistant Secretary. Regulation to require the Options
Secretary. [FR Doc. 07–1913 Filed 4–13–07; 12:56 pm] Participant 4 to disgorge any gains from
[FR Doc. E7–7282 Filed 4–16–07; 8:45 am] BILLING CODE 8010–01–P transactions in violation of the trade-
BILLING CODE 8010–01–P
through rules.
The Commission finds that the
SECURITIES AND EXCHANGE proposed rule change is consistent with
SECURITIES AND EXCHANGE COMMISSION the requirements of the Act and the
COMMISSION rules and regulations thereunder
[Release No. 34–55606; File No. SR–BSE– applicable to a national securities
[File No. 500.1] 2006–11] exchange.5 In particular, the
Commission believes that the proposal
In the Matter of Certain Companies Self-Regulatory Organizations; Boston is consistent with Section 6(b)(5) of the
Quoted on the Pink Sheets: Amerossi Stock Exchange, Inc.; Order Approving Act,6 which requires that the rules of an
EC, Inc., Irwin Resources, Inc., Proposed Rule Change and exchange be designed to promote just
Peopleline Telecom, Inc.; Order of Amendments No. 1 and 2 Relating to and equitable principles of trade, to
Suspension of Trading the Boston Options Exchange’s Minor remove impediments to and to perfect
Rule Violation Plan the mechanism of a free and open
April 13, 2007.
market and a national market system,
It appears to the Securities and April 10, 2007.
and, in general, to protect investors and
Exchange Commission that there is a On March 6, 2006, the Boston Stock the public interest. The Commission
lack of current and accurate information Exchange, Inc. (‘‘BSE’’ or ‘‘Exchange’’) further believes that the proposal is
concerning the securities of the issuers filed with the Securities and Exchange consistent with Sections 6(b)(1) and
listed below. As set forth below for each Commission (‘‘Commission’’), pursuant 6(b)(6) of the Act,7 which require that
issuer, questions have arisen regarding to Section 19(b)(1) of the Securities
the rules of an exchange enforce
the adequacy and accuracy of publicly Exchange Act of 1934 (‘‘Act’’) 1 and Rule
compliance with, and provide
disseminated information concerning, 19b–4 thereunder,2 a proposed rule appropriate discipline for, violations of
among other things: (1) The companies’ change to amend Chapter X of the Commission and Exchange rules. In
assets, (2) the companies’ business Boston Options Exchange (‘‘BOX’’) addition, because BSE Rule Chapter
operations, (3) the companies’ current Rules, BOX’s minor rule violation plan
financial condition, and/or (4) financing (‘‘BOX MRVP’’). The Exchange filed 3 See Securities Exchange Act Release No. 55373
arrangements involving the issuance of Amendments No. 1 and 2 to the (February 28, 2007), 72 FR 10276.
the companies’ shares. proposed rule change on June 28, 2006, 4 See BOX Rule Chapter I, Section 1(a)(40) for

1. Amerossi EC, Inc. is a Wyoming and July 14, 2006, respectively. The definition of ‘‘Options Participants.’’
sroberts on PROD1PC70 with NOTICES

5 In approving this proposed rule change, the


company with offices in Bangkok, proposed rule change, as amended, was
Commission notes that it has considered the
Thailand. Questions have arisen published for comment in the Federal proposed rule’s impact on efficiency, competition,
regarding the adequacy and accuracy of and capital formation. See 15 U.S.C. 78c(f).
press releases concerning the company’s 1 15 U.S.C. 78s(b)(1). 6 15 U.S.C. 78f(b)(5).

operations. 2 17 CFR 240.19b–4. 7 15 U.S.C. 78f(b)(1) and 78f(b)(6).

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