[Federal Register: February 3, 2005 (Volume 70, Number 22)]
[Notices]               
[Page 5709-5710]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03fe05-102]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application of Regal-Beloit 
Corporation To Withdraw Its Common Stock, $.01 Par Value, From Listing 
and Registration on the American Stock Exchange LLC File No. 1-07283

January 28, 2005.
    On January 19, 2005, Regal-Beloit Corporation, a Wisconsin 
corporation (``Issuer''), filed an application with the Securities and 
Exchange Commission

[[Page 5710]]

(``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, $.01 par value (``Security''), from listing and 
registration on the American Stock Exchange LLC (``Amex'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    On December 15, 2004, the Board of Directors (``Board'') of the 
Issuer approved a resolution, pursuant to an action by unanimous 
written consent, to withdraw the Issuer's Security from listing on the 
Amex and to list the Security on the New York Stock Exchange, Inc. 
(``NYSE''). The Board stated that it determined to withdraw the 
Security from the Amex and list the Security on the NYSE for the 
following reasons: (i) Due to recent acquisitions, the Issuer has grown 
significantly worldwide, achieving recognition as the industry leader 
for its products; and (ii) it is desirable and for the benefit of the 
Issuer to list its Security on the NYSE, which is an internationally 
recognized stock exchange. The Security commenced trading on the NYSE 
on January 21, 2005.
    The Issuer stated in its application that it has met the 
requirements of Amex Rule l8 by complying with all applicable laws in 
Wisconsin, in which it is incorporated, and with the Amex's rules 
governing an issuer's voluntary withdrawal of a security from listing 
and registration.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on the Amex, and shall not affect its continued 
listing on the NYSE or its obligation to be registered under Section 
12(b) of the Act.\3\
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    \3\ 15 U.S.C. 781(b).
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    Any interested person may, on or before February 22, 2005, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of the Amex, 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 1-07283 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.

All submissions should refer to File Number 1-07283. 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.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
 [FR Doc. E5-410 Filed 2-2-05; 8:45 am]

BILLING CODE 8010-01-P