[Federal Register Volume 63, Number 112 (Thursday, June 11, 1998)]
[Notices]
[Page 32033]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15503]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (GP Strategies Corporation, Common Stock, $.01 Par
Value) File No. 1-7234
June 4, 1998.
GP Strategies Corporation (``Company'') has filed an application
with the Securities and Exchange Commission (``Commission''), pursuant
to Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and
Rule 12d2-2(d) promulgated thereunder, to withdraw the above specified
Security (``Security'') from listing and registration on the Pacific
Exchange, Inc. (``PXC'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Security has been listed for trading on the PCX and, pursuant
to a Registration Statement on Form 8-A which became effective March
23, 1998, the New York Stock Exchange, Inc. (``NYSE''). Trading in the
Security commenced on the NYSE on March 27, 1998, and concurrently
therewith such Security was suspended from trading on the PCX.
In making the decision to withdraw its Security from listing and
registration on the PCX, the Company believes that the NYSE offers
enhanced visibility and will enable the Company to further broaden its
institutional shareholder base.
By letter dated April 8, 1998, the PCX informed the Company that it
had no objection to the withdrawal of the Company's Security from
listing and registration on the PCX.
By reason of Section 12(b) of the Act and the rules and regulations
thereunder, the Company shall continue to be obligated to file reports
with the Commission and the NYSE under Section 13 of the Act.
Any interested person may, on or before June 25, 1998, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether
the application has been made in accordance with the rules of the
Exchange 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.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-15503 Filed 6-10-98; 8:45 am]
BILLING CODE 8010-01-M
