

[Federal Register: March 10, 2006 (Volume 71, Number 47)]
[Notices]               
[Page 12412-12413]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10mr06-149]                         

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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 Philadelphia Stock Exchange, Inc. File 
No. 1-00043

March 6, 2006.
    On February 27, 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 Philadelphia Stock 
Exchange, Inc. (``PHLX'').
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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 
Security from listing and registration on PHLX. The Issuer stated that 
the purposes for seeking to delist the Security from PHLX 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 that PHLX advised the Issuer 
that the Security will continue to trade on PHLX under unlisted trading 
privileges.
    The Issuer stated in its application that it has complied with 
applicable rules of PHLX by providing PHLX with the required documents 
governing the withdrawal of securities from listing and registration on 
PHLX. The Issuer's application relates solely to the withdrawal of the 
Security from listing on PHLX and shall not affect its continued 
listing on NYSE, or the Chicago Stock Exchange, Inc. (``CHX''), or the 
Pacific Exchange, Inc. (``PCX''),\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 PCX 
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 PHLX, 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

[[Page 12413]]

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

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
Nancy M. Morris,
Secretary.
[FR Doc. E6-3441 Filed 3-9-06; 8:45 am]

BILLING CODE 8010-01-P
