%PDF-1.5 % 2 0 obj <> endobj 3 0 obj <>stream 0 G 0 J 0 j 2.2 w 10 M []0 d /GS1 gs 1 i 45 744 m 567 744 l S 0.3 w 45 740 m 567 740 l S BT /F11 1 Tf 11 0 0 11 536.42 750 Tm 0 g 0 Tc 0 Tw (71003 )Tj 9.8 0 0 10 132.92 750 Tm 0.2265 Tw (Federal Register)Tj /F17 1 Tf 8.0008 0 TD [(/)-165.3(Vol. 71, No. 235)-165.3(/)-165.3(Thursday, December 7, 2006)-165.3(/)-165.3(Notices )]TJ ET 0.5 w 222 97.8 m 272 97.8 l S BT 5.446 0 0 4.55 229 90.8713 Tm 0 Tw (11)Tj 7 0 0 7 236.1959 89.1 Tm -0.0029 Tw (17 CFR 200.30)Tj /F7 1 Tf 6.6653 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (3\(a\)\(12\). )Tj 5.446 0 0 4.55 229 81.8713 Tm (1)Tj 7 0 0 7 233.168 80.1 Tm -0.0029 Tw (15 U.S.C. 78s\(b\)\(1\). )Tj 5.446 0 0 4.55 229 72.8713 Tm 0 Tw (2)Tj 7 0 0 7 233.168 71.1 Tm -0.0029 Tw (17 CFR 240.19b)Tj /F7 1 Tf 7.2213 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (4. )Tj 5.446 0 0 4.55 229 63.8713 Tm (3)Tj 7 0 0 7 233.168 62.1 Tm -0.0029 Tw (15 U.S.C. 78s\(b\)\(3\)\(A\)\(iii\). )Tj 5.446 0 0 4.55 229 54.8713 Tm 0 Tw (4)Tj 7 0 0 7 233.168 53.1 Tm -0.0029 Tw (17 CFR 240.19b)Tj /F7 1 Tf 7.2213 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (4\(f\)\(6\). )Tj ET 399 199.8 m 449 199.8 l S BT 5.446 0 0 4.55 406 192.8713 Tm (5)Tj 7 0 0 7 410.168 191.1 Tm -0.0029 Tw (Details associated with the operation of these )Tj -1.5954 -1.1429 TD (routing services would be set out on the Exchange)Tj /F7 1 Tf 22.9771 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD (s )Tj -23.2551 -1.1429 TD -0.0029 Tw (Web site or could be the subject of an agreement )Tj T* (between the CHX and any participants that seek to )Tj T* (use the services. )Tj 5.446 0 0 4.55 406 151.8713 Tm 0 Tw (6)Tj 7 0 0 7 410.168 150.1 Tm -0.0029 Tw (This service is an extension of a service that the )Tj -1.5954 -1.1429 TD (Exchange already provides to its participants)Tj /F7 1 Tf 20.6507 0 TD 0 Tw ()Tj /F17 1 Tf 1 0 TD ( )Tj -21.6507 -1.1429 TD -0.0029 Tw (current order-sending participants route orders )Tj T* (through access provided by the Exchange to the )Tj T* 0 Tw (MAX)Tj /F9 1 Tf 5.446 0 0 4.55 416.108 119.8647 Tm ()Tj /F17 1 Tf 7 0 0 7 422.3303 118.0999 Tm -0.0029 Tw (trading system and to the CHX)Tj /F7 1 Tf 14.0407 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD (s )Tj -17.6516 -1.1429 TD -0.0029 Tw (institutional brokers. Institutional brokers and )Tj T* (specialists use CHX-provided connectivity to route )Tj T* (orders to the MAX trading system \(and, for )Tj T* (securities that have been transitioned to the new )Tj T* (trading model, to the CHX)Tj /F7 1 Tf 12.0446 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0029 Tw (s new Matching System\). )Tj 5.446 0 0 4.55 406 70.8712 Tm 0 Tw (7)Tj 7 0 0 7 410.168 69.0999 Tm -0.0029 Tw (17 CFR 240.19b)Tj /F7 1 Tf 7.2213 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD -0.0029 Tw (4. The Exchange)Tj /F7 1 Tf 7.5513 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0029 Tw (s rules and )Tj -17.202 -1.1429 TD (fees, however, would not address the fees or )Tj 6 0 0 6 538.02 53.0999 Tm 0 Tw (Continued )Tj /F11 1 Tf 9 0 0 9 45 725 Tm -0.0044 Tw (IV. Solicitation of Comments )Tj /F17 1 Tf 1 -1.9111 TD (Interested persons are invited to )Tj -1 -1.1556 TD (submit written data, views, and )Tj T* (arguments concerning the foregoing, )Tj T* (including whether the proposed rule )Tj T* (change is consistent with the Act. )Tj T* (Comments may be submitted by any of )Tj T* (the following methods: )Tj /F8 1 Tf 0 -1.7556 TD (Electronic Comments )Tj /F9 1 Tf 1 -1.9111 TD 0 Tw ()Tj /F17 1 Tf 1.0156 0 TD -0.0044 Tw (Use the Commission)Tj /F7 1 Tf 9.4351 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s Internet )Tj -11.7287 -1.1555 TD (comment form \()Tj /F8 1 Tf 7.3251 0 TD 0 Tw (http://www.sec.gov/ )Tj -7.3251 -1.1556 TD (rules/sro.shtml)Tj /F17 1 Tf 6.907 0 TD -0.0044 Tw (\); or )Tj /F9 1 Tf -5.907 -1.4667 TD 0 Tw ()Tj /F17 1 Tf 1.0156 0 TD -0.0044 Tw (Send an e-mail to )Tj /F8 1 Tf 8.3152 0 TD 0 Tw (rule- )Tj -10.3308 -1.1556 TD (comments@sec.gov. )Tj /F17 1 Tf 9.3176 0 TD -0.0044 Tw (Please include File )Tj -9.3176 -1.1556 TD (No. SR)Tj /F7 1 Tf 3.1636 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.556 0 TD (2006)Tj /F7 1 Tf 2.224 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (35 on the subject )Tj -9.2226 -1.1556 TD 0 Tw (line. )Tj /F8 1 Tf 0 -1.7556 TD -0.0044 Tw (Paper Comments )Tj /F9 1 Tf 1 -1.9111 TD 0 Tw ()Tj /F17 1 Tf 1.0156 0 TD -0.0044 Tw (Send paper comments in triplicate )Tj -2.0156 -1.1556 TD (to Nancy M. Morris, Secretary, )Tj T* (Securities and Exchange Commission, )Tj T* (Station Place, 100 F Street, NE., )Tj T* (Washington, DC 20549)Tj /F7 1 Tf 10.4931 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (1090. )Tj -11.0491 -1.6889 TD -0.0044 Tw (All submissions should refer to File )Tj 0 -1.1556 TD (Number SR)Tj /F7 1 Tf 5.2746 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.556 0 TD (2006)Tj /F7 1 Tf 2.224 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (35. This file )Tj -11.3336 -1.1556 TD (number should be included on the )Tj T* (subject line if e-mail is used. To help the )Tj T* (Commission process and review your )Tj T* (comments more efficiently, please use )Tj T* (only one method. The Commission will )Tj T* (post all comments on the Commission)Tj /F7 1 Tf 17.5328 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD (s )Tj -17.8108 -1.1556 TD -0.0044 Tw (Internet Web site \()Tj /F8 1 Tf 8.4297 0 TD 0 Tw (http://www.sec.gov/ )Tj -8.4297 -1.1556 TD (rules/sro.shtml)Tj /F17 1 Tf 6.907 0 TD -0.0044 Tw (\). Copies of the )Tj -6.907 -1.1556 TD (submission, all subsequent )Tj T* (amendments, all written statements )Tj T* (with respect to the proposed rule )Tj T* (change that are filed with the )Tj T* (Commission, and all written )Tj T* (communications relating to the )Tj T* (proposed rule change between the )Tj T* (Commission and any person, other than )Tj T* (those that may be withheld from the )Tj T* (public in accordance with the )Tj T* (provisions of 5 U.S.C. 552, will be )Tj T* (available for inspection and copying in )Tj T* (the Commission)Tj /F7 1 Tf 7.4396 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s Public Reference )Tj -7.7176 -1.1556 TD (Room. Copies of such filing also will be )Tj T* (available for inspection and copying at )Tj T* (the principal office of the CHX. All )Tj T* (comments received will be posted )Tj T* (without change; the Commission does )Tj T* (not edit personal identifying )Tj T* (information from submissions. You )Tj T* (should submit only information that )Tj T* (you wish to make available publicly. All )Tj T* (submissions should refer to File )Tj T* (Number SR)Tj /F7 1 Tf 5.2746 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.556 0 TD (2006)Tj /F7 1 Tf 2.224 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (35 and should )Tj -11.3336 -1.1556 TD (be submitted on or before December 28, )Tj T* 0 Tw (2006. )Tj 8 0 0 8 230 726 Tm -0.0025 Tw (For the Commission, by the Division of )Tj -1 -1.125 TD (Market Regulation, pursuant to delegated )Tj T* 0 Tw (authority.)Tj 6.224 0 0 5.2 258 710.0247 Tm (11)Tj 8 0 0 8 264.9211 708 Tm ( )Tj /F11 1 Tf -5.3651 -1.375 TD -0.0025 Tw (Florence E. Harmon, )Tj /F8 1 Tf T* -0.0575 Tw (Deputy Secretary. )Tj /F17 1 Tf T* -0.0025 Tw ([FR Doc. E6)Tj /F7 1 Tf 5.385 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD -0.0025 Tw (20715 Filed 12)Tj /F7 1 Tf 6.831 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (6)Tj /F7 1 Tf 0.556 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0025 Tw (06; 8:45 am] )Tj /F10 1 Tf 6 0 0 6 222 664.0001 Tm 0.1633 Tw (BILLING CODE 8011)Tj /F3 1 Tf 9.9957 0 TD 0 Tw ()Tj /F10 1 Tf 0.556 0 TD (01)Tj /F3 1 Tf 1.112 0 TD ()Tj /F10 1 Tf 0.556 0 TD (P )Tj ET 0.3 w 222 653.84 m 390 653.84 l S BT 9 0 0 9 222 635.7001 Tm -0.0044 Tw (SECURITIES AND EXCHANGE )Tj 0 -1.1111 TD 0 Tw (COMMISSION )Tj 8 0 0 8 222 610.5002 Tm -0.0025 Tw ([Release No. 34)Tj /F3 1 Tf 7.387 0 TD 0 Tw ()Tj /F10 1 Tf 0.556 0 TD -0.0025 Tw (54846; File No. SR)Tj /F3 1 Tf 8.6625 0 TD 0 Tw ()Tj /F10 1 Tf 0.556 0 TD (CHX)Tj /F3 1 Tf 2.111 0 TD ()Tj /F10 1 Tf 0.556 0 TD ( )Tj -19.8285 -1.125 TD (2006)Tj /F3 1 Tf 2.224 0 TD ()Tj /F10 1 Tf 0.556 0 TD (34] )Tj 9 0 0 9 222 583.5002 Tm -0.0044 Tw (Self-Regulatory Organizations; )Tj 0 -1.1111 TD (Chicago Stock Exchange, Inc.; Notice )Tj T* (of Filing and Immediate Effectiveness )Tj T* (of Proposed Rule Change Regarding )Tj T* (the Implementation of a )Tj T* (Communications or Routing Service )Tj /F17 1 Tf 8 0 0 8 222 517.5002 Tm -0.0025 Tw (November 30, 2006. )Tj 9 0 0 9 231 506.5002 Tm -0.0044 Tw (Pursuant to Section 19\(b\)\(1\) of the )Tj -1 -1.1111 TD (Securities Exchange Act of 1934 )Tj T* 0 Tw (\()Tj /F7 1 Tf 0.333 0 TD ()Tj /F17 1 Tf 0.556 0 TD (Act)Tj /F7 1 Tf 1.611 0 TD ()Tj /F17 1 Tf 0.556 0 TD (\))Tj 7.002 0 0 5.85 254.001 488.7781 Tm (1)Tj 9 0 0 9 260.3541 486.5002 Tm -0.0044 Tw (and Rule 19b)Tj /F7 1 Tf 6.0481 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (4 thereunder,)Tj 7.002 0 0 5.85 375.2541 488.7781 Tm 0 Tw (2)Tj 9 0 0 9 379.1472 486.5002 Tm ( )Tj -17.4608 -1.1111 TD -0.0044 Tw (notice is hereby given that on November )Tj T* (16, 2006, the Chicago Stock Exchange, )Tj T* (Inc. \()Tj /F7 1 Tf 2.3286 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0011 Tc -0.0033 Tw ( or )Tj /F7 1 Tf 1.4921 0 TD 0 Tc 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (Exchange)Tj /F7 1 Tf 4.389 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (\) filed with )Tj -12.6007 -1.1111 TD (the Securities and Exchange )Tj T* (Commission \()Tj /F7 1 Tf 6.3286 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (Commission)Tj /F7 1 Tf 5.722 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (\) the )Tj -13.1626 -1.1111 TD (proposed rule change as described in )Tj T* (Items I and II below, which Items have )Tj T* (been prepared by the Exchange. The )Tj T* (CHX has filed this proposal pursuant to )Tj T* (Section 19\(b\)\(3\)\(A\)\(iii\) of the Act)Tj 7.002 0 0 5.85 359.825 388.7782 Tm 0 Tw (3)Tj 9 0 0 9 366.1781 386.5002 Tm (and )Tj -16.0198 -1.1111 TD -0.0044 Tw (Rule 19b)Tj /F7 1 Tf 4.0526 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (4\(f\)\(6\) thereunder,)Tj 7.002 0 0 5.85 338.929 378.7782 Tm 0 Tw (4)Tj 9 0 0 9 345.2821 376.5002 Tm (which )Tj -13.698 -1.1111 TD -0.0044 Tw (renders the proposal effective upon )Tj T* (filing with the Commission. The )Tj T* (Commission is publishing this notice to )Tj T* (solicit comments on the proposed rule )Tj T* (change from interested persons. )Tj /F11 1 Tf 0 -1.6667 TD (I. Self-Regulatory Organization)Tj /F4 1 Tf 14.5461 0 TD 0 Tw ()Tj /F11 1 Tf 0.278 0 TD (s )Tj -14.8241 -1.1111 TD -0.0044 Tw (Statement of the Terms of Substance of )Tj T* (the Proposed Rule Change )Tj /F17 1 Tf 1 -1.5556 TD (The Exchange proposes to amend its )Tj -1 -1.1111 TD (rules to operate a service that allows its )Tj T* (participants to route orders to any other )Tj T* (destination connected to the CHX)Tj /F7 1 Tf 15.4812 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD (s )Tj -15.7592 -1.1111 TD (network. )Tj /F11 1 Tf 0 -1.6667 TD -0.0044 Tw (II. Self-Regulatory Organization)Tj /F4 1 Tf 14.9351 0 TD 0 Tw ()Tj /F11 1 Tf 0.278 0 TD (s )Tj -15.2131 -1.1111 TD -0.0044 Tw (Statement of the Purpose of, and )Tj T* (Statutory Basis for, the Proposed Rule )Tj T* 0 Tw (Change )Tj /F17 1 Tf 1 -1.5556 TD -0.0044 Tw (In its filing with the Commission, the )Tj -1 -1.1111 TD (Exchange included statements )Tj T* (concerning the purpose of, and basis for, )Tj T* (the proposed rule change and discussed )Tj T* (any comments it received on the )Tj T* (proposed rule change. The text of these )Tj T* (statements may be examined at the )Tj T* (places specified in Item IV below. The )Tj 19.6667 68.5 TD (Exchange has prepared summaries, set )Tj 0 -1.1111 TD (forth in Sections A, B, and C below, of )Tj T* (the most significant aspects of such )Tj T* 0 Tw (statements. )Tj /F8 1 Tf 0 -1.6667 TD -0.0044 Tw (A. Self-Regulatory Organization)Tj /F6 1 Tf 14.6421 0 TD 0 Tw ()Tj /F8 1 Tf 0.278 0 TD (s )Tj -14.9201 -1.1111 TD -0.0044 Tw (Statement of the Purpose of, and )Tj T* (Statutory Basis for, the Proposed Rule )Tj T* 0 Tw (Change )Tj /F17 1 Tf 0 -1.6667 TD -0.0044 Tw (1. Purpose )Tj 1 -1.6111 TD (As part of the Exchange)Tj /F7 1 Tf 10.8712 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s new trading )Tj -12.1492 -1.1111 TD (model, the Exchange proposes to )Tj T* (operate a neutral communications )Tj T* (service that allows its participants to )Tj T* (route orders to any destination )Tj T* (connected to the CHX)Tj /F7 1 Tf 10.0427 0 TD 0 Tw ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s network. )Tj -10.3207 -1.1111 TD (Specifically, this service would allow )Tj T* (participants to route orders to: \(1\) The )Tj T* (CHX Matching System; \(2\) CHX )Tj T* (institutional brokers; \(3\) market makers )Tj T* (or other broker-dealers connected to the )Tj T* 0 Tw (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s network, which provide order )Tj -2.445 -1.1111 TD (handling and execution services in the )Tj T* (over-the-counter market; and \(4\) other )Tj T* (destinations \(including order-routing )Tj T* (vendors\) that are connected to the )Tj T* 0 Tw (CHX)Tj /F7 1 Tf 2.167 0 TD ()Tj /F17 1 Tf 0.278 0 TD -0.0044 Tw (s network.)Tj 7.002 0 0 5.85 463.967 462.7782 Tm 0 Tw (5)Tj 9 0 0 9 470.3201 460.5002 Tm -0.0044 Tw (This communications )Tj -7.9245 -1.1111 TD (or routing service would not effect trade )Tj T* (executions and would not report trades )Tj T* 0 Tw (to )Tj /F7 1 Tf 1.1626 0 TD ()Tj /F17 1 Tf 0.556 0 TD -0.0044 Tw (the tape.)Tj /F7 1 Tf 3.9396 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD -0.0002 Tc -0.0042 Tw ( An order would not pass )Tj -6.2141 -1.1111 TD 0 Tc -0.0044 Tw (through the CHX market before going to )Tj T* (an entity or market outside of the CHX )Tj T* 0 Tw (\()Tj /F8 1 Tf 0.333 0 TD (i.e.)Tj /F17 1 Tf 1.371 0 TD -0.0044 Tw (, a participant could choose to route )Tj -1.704 -1.1111 TD (an order directly to any of the above )Tj T* (destinations\). A participant would be )Tj T* (responsible for identifying the )Tj T* (appropriate destination for any orders )Tj T* (sent through the service and for )Tj T* (ensuring that it had authority to access )Tj T* (the selected destination; the CHX would )Tj T* (merely provide the mechanism by )Tj T* (which orders \(and associated messages\) )Tj T* (could be routed by a participant to a )Tj T* (destination and from the destination )Tj T* (back to the participant.)Tj 7.002 0 0 5.85 494.379 282.7783 Tm 0 Tw (6)Tj 9 0 0 9 498.2721 280.5003 Tm ( )Tj -10.0302 -1.1667 TD -0.0044 Tw (This service would be a facility of the )Tj -1 -1.1111 TD (Exchange. As a result, the Exchange )Tj T* (would submit fee changes, and any )Tj T* (applicable changes to its rules, to the )Tj T* (Commission as required by Rule 19b)Tj /F7 1 Tf 16.8138 0 TD 0 Tw ()Tj /F17 1 Tf 0.556 0 TD (4 )Tj -17.3698 -1.1111 TD -0.0044 Tw (under the Act in connection with its )Tj T* 0 Tw (routing.)Tj 7.002 0 0 5.85 431.499 212.2782 Tm (7)Tj 9 0 0 9 437.8521 210.0002 Tm -0.0044 Tw (Accordingly, the Exchange is )Tj /F12 1 Tf 6.5 0 0 6.5 25 20 Tm 1 g 0 Tw [(VerDate Aug<31>2005 )-1076.9(17:29 Dec 06, 2006)-1076.9(Jkt 211001)-1076.9(PO 00000)-1076.9(Frm 00058)-1076.9(Fmt 4703)-1076.9(Sfmt 4703)-1076.9(E:\\FR\\FM\\07DEN1.SGM)-1076.9(07DEN1)]TJ 0 5 -5 0 22 18 Tm (sroberts on PROD1PC70 with NOTICES)Tj ET endstream endobj 4 0 obj <>/ProcSet[/PDF/Text]/Font<>>> endobj 5 0 obj <> endobj 6 0 obj <> endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <> endobj 13 0 obj <> endobj 14 0 obj <> endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <>stream HTMk0:v`]30r˶{b+qܬ_G+vl֚#8aXpqkPNB)@,{,5w%A]3..{`U~$ЭޟqFq,of^n Co'2I%_+k0^+B,p"8o