[Federal Register: July 28, 1998 (Volume 63, Number 144)]
[Notices]               
[Page 40327]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28jy98-117]

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Smart Choice Automotive Group, Inc., Common Stock, 
$.01 Par Value; Redeemable Warrants) File No. 1-14082

July 21, 1998.
    Smart Choice Automotive Group, 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 securities (``Securities'') from listing 
and registration on the Boston Stock Exchange, Inc. (``BSE'' or 
``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Company's Securities are quoted on NASDAQ.
    In making the decision to withdraw its Securities from listing on 
the BSE, the Company considered the direct and indirect costs and 
expenses of maintaining listing of its Securities on the BSE. The 
benefits from listing do not warrant the expenditure of the time and 
money necessary to comply with the rules and regulations governing 
listing and registration, and trading in the Securities can adequately 
be handled in the over-the-counter market. Accordingly, the Company 
does not see any particular advantage in the trading of its Securities 
on the BSE.
    On June 11, 1998, the Company notified the BSE that it was 
requesting the delisting of the Securities, and, in a letter dated June 
12, 1998, the BSE raised no objection to such delisting.
    Any interested person may, on or before August 11, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 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. 98-20052 Filed 7-27-98; 8:45 am]
BILLING CODE 8010-01-M