

[Federal Register: September 28, 2005 (Volume 70, Number 187)]
[Notices]               
[Page 56749]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28se05-199]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 1-07657]

 
Issuer Delisting; Notice of Application of American Express 
Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and 
Registration on the Boston Stock Exchange, Inc.

September 21, 2005.
    On August 24, 2005, American Express Company, a New York 
corporation (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'')\1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.20 par value 
(``Security''), from listing and registration on the Boston Stock 
Exchange, Inc. (``BSE'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    The Board of Directors (``the Board'') of the Issuer approved a 
resolution on July 25, 2005 to withdraw the Security from listing on 
BSE. The Issuer stated that the following reason factored into the 
Board's decision to withdraw the Security from BSE: The staff time and 
costs associated with maintaining a listing on regional exchanges has 
outweighed the benefits. The Issuer stated in its application that the 
Security is listed on the New York Stock Exchange, Inc. (``NYSE'').
    The Issuer stated in its application that it has complied with 
applicable rules of BSE by complying with all applicable laws in the 
State of New York, the state in which the Issuer is incorporated, and 
by providing BSE with the required documents governing the withdrawal 
of securities from listing and registration on BSE. The Issuer's 
application relates solely to the withdrawal of the Security from 
listing on BSE and shall not affect its continued listing on NYSE or 
the Chicago Stock Exchange, Inc. (``CHX''),\3\ or its obligation to be 
registered under Section 12(b) of the Act.\4\
---------------------------------------------------------------------------

    \3\ On August 24, 2005, the Issuer filed an application with the 
Commission to withdraw the Security from listing and registration on 
CHX. Notice of such application will be published separately.
    \4\ 15 U.S.C. 78l(b).
---------------------------------------------------------------------------

    Any interested person may, on or before October 11, 2005 comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of BSE, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-07657 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-07657. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 

Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    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.\5\
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
 [FR Doc. E5-5307 Filed 9-27-05; 8:45 am]

BILLING CODE 8010-01-P
