[Federal Register: February 23, 2001 (Volume 66, Number 37)]
[Notices]               
[Page 11336]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23fe01-112]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (The S&P 500 (R) Protected Equity Fund, Inc., Common 
Stock, $.10 Par Value) File No. 1-15437

February 15, 2001.
    The S&P 500 (R) Protected Equity Fund, Inc. (``Issuer'') has 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)\2\ thereunder, to withdraw 
its Common Stock, $.10 par value (``Security''), from listing and 
registration on the New York Stock Exchange (``NYSE'').
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    \1\ 15 U.S.C. 781(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Security is currently listed and registered on the NYSE and 
designated for quotation on the National Market of the Nasdaq Stock 
Market (``Nasdaq National Market''). The Issuer believes that the 
dealer market of the Nasdaq National Market has proven a better trading 
environment for its Security than the auction market of the NYSE. As a 
result, the Issuer has determined to continue quotation of its Security 
on the Nasdaq National Market, while withdrawing it from listing and 
registration on the NYSE in order to avoid the continuing costs of 
maintaining such listing.
    The Issuer's application relates solely to the withdrawal of its 
Security from listing on the NYSE and registration under Section 12(b) 
of the Act\3\ and shall have no effect upon the Security's continued 
designation for quotation on the Nasdaq National Market and obligation 
to be registered under Section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 781(b).
    \4\ 15 U.S.C. 781(g).
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    The Issuer has stated in its application that it has complied with 
the requirements of NYSE Rule 500 governing the voluntary withdrawal of 
common stock from listing and registration on the exchange.
    Any interested person may, on or before March 9, 2001, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the NYSE 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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 01-4428 Filed 2-22-01; 8:45 am]
BILLING CODE 8010-01-M