[Federal Register: June 8, 1998 (Volume 63, Number 109)]
[Notices]               
[Page 31245]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08jn98-93]

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

SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (The Parts Source, Inc., Common Stock, $.001 Par 
Value) File No. 1-14308

June 1, 1998.
    The Parts Source, Inc. (``Company'') has filed an application with 
the Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
security (``Security'') from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Security has been listed for trading on the BSE and the Nasdaq 
Stock Market (``Nasdaq'') pursuant to a Registration Statement on Form 
8-A which became effective April 8, 1996.
    The Company has complied with the BSE rules by filing with the 
Exchange a certified copy of a resolution adopted by the Company's 
Board of Directors authorizing the withdrawal of the Security from 
listing and registration on the BSE and by setting forth in detail to 
the Exchange the reasons and facts supporting the withdrawal.
    In making the decision to withdraw its Security from listing and 
registration on the BSE, the Company considered primarily the direct 
and indirect costs and expenses attendant on maintaining the listing of 
its Security on the BSE. The Company does not see any particular 
advantage in the dual trading of its Security.
    By letter dated May 12, 1998, the BSE informed the Company that it 
had no objection to the withdrawal of the Company's Security from 
listing and registration on the BSE.
    By reason of Section 12(g) of the Act and the rules and regulations 
thereunder, the Company shall continue to be obligated to file reports 
with the Commission under Section 13 of the Act.
    Any interested person may, on or before June 22, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the Exchange 
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.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-15074 Filed 6-5-98; 8:45 am]
BILLING CODE 8010-01-M