97-33525. Self-Regulatory Organizations; Notice of Filing and Order Granting Immediate Effectiveness of Proposed Rule Change by American Stock Exchange, Incorporated Relating to the Listing of Commodity Indexed Preferred or Debt Securities

[Federal Register Volume 62, Number 247 (Wednesday, December 24, 1997)]
[Notices]
[Page 67422]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33525]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-39402A; File No. SR-Amex-97-46]


Self-Regulatory Organizations; Notice of Filing and Order 
Granting Immediate Effectiveness of Proposed Rule Change by American 
Stock Exchange, Incorporated Relating to the Listing of Commodity 
Indexed Preferred or Debt Securities

December 17, 1997.

Notice of Corrections

    On December 4, 1997 the Securities and Exchange Commission (``SEC'' 
or ``Commission'') issued a notice of filing and order granting 
immediate effectiveness of proposed rule change by the American Stock 
Exchange, Incorporated (``Amex'') relating to the listing of commodity 
indexed preferred or debt securities \1\ pursuant to section 19(b)(1) 
of the Securities Exchange Act of 1934, as amended (``Act''),\2\ and 
paragraph (e)(6) of Rule 19b-4 under the Act.\3\ The following sentence 
should be deleted from the first paragraph of Section A--Self-
Regulatory Organization's Statement of the Purpose of, and Statutory 
Basis for, the Proposed Rule Change: ``[T]he Exchange also will require 
that the issuer have a minimum tangible net worth of $150 million.''

    \1\ Securities Exchange Act Release No. 34-39402 (December 4, 
1997) 62 FR 65459 (December 12, 1997).
    \2\ 15 U.S.C. 78s(b)(1).
    \3\ 17 CFR 240.19b-4(e)(6).
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    For the Commission, by the Division of Market Regulation, 
pursaunt to delegated authority.\4\
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    \4\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-33525 Filed 12-23-97; 8:45 am]
BILLING CODE 8010-01-M