

[Federal Register: March 10, 2006 (Volume 71, Number 47)]
[Notices]               
[Page 12412]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10mr06-148]                         


[[Page 12412]]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-00043]

 
Issuer Delisting; Notice of Application of General Motors 
Corporation To Withdraw Its Common Stock, $1\2/3\ Par Value, From 
Listing and Registration on the Pacific Exchange, Inc.

March 6, 2006.
    On February 23, 2006, General Motors Corporation, a Delaware 
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, $1\2/3\ par value 
(``Security''), from listing and registration on the Pacific Exchange, 
Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Administrative Committee of the Issuer's Board of Directors 
(``Board'') approved a resolution on September 9, 2005, to delist the 
Issuer's Security from listing and registration on PCX. The Issuer 
stated that the purposes for seeking to delist the Security from PCX 
are to avoid dual regulatory oversight and dual listing fees. The 
Security is traded, and will continue to trade on the New York Stock 
Exchange, Inc. (``NYSE''). In addition, the Issuer stated in its 
application that PCX advised the Issuer that the Security will continue 
to trade on Archipelago Exchange (``ArcaEx''), the trading facility of 
PCX, under unlisted trading privileges.
    The Issuer stated in its application that it has complied with 
applicable rules of PCX by providing PCX with the required documents 
governing the withdrawal of securities from listing and registration on 
PCX. The Issuer's application relates solely to the withdrawal of the 
Security from listing on PCX and shall not affect its continued listing 
on NYSE, the Chicago Stock Exchange, Inc. (``CHX''), or the 
Philadelphia Stock Exchange, Inc. (``PHLX''),\3\ or its obligation to 
be registered under Section 12(b) of the Act.\4\
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    \3\ The Issuer filed applications with the Commission to 
withdraw the Security from listing and registration on CHX and PHLX 
on March 2, 2006 and February 27, 2006, respectively. Notice of such 
applications will be published separately.
    \4\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before March 29, 2006, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, 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 1-00043 or;

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, 100 F Street, 
NE.,Washington, DC 20549-1090

.All submissions should refer to File Number 1-00043. 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\
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    \5\ 17 CFR 200.30-3(a)(1).
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Nancy M. Morris,
Secretary.
[FR Doc. E6-3438 Filed 3-9-06; 8:45 am]

BILLING CODE 8010-01-P
