47768 Federal Register / Vol. 60, No. 178 / Thursday, September 14, 1995 / Notices for this modified product. Examples of participating in the MAC program Rule 12g3±2(b) (17 CFR 240.12g3± a significant change are a key alteration outside the normal test cycle. 2(b)) provides an exemption from of the product's basic mailpiece listing registration under Section 12(g) of the MAC Test Failures and postage calculation logic; a major Act with respect to a foreign private change in the content, layout, format, or Participants will receive notification issuer which submits on a current basis availability of computer-generated of errors during MAC test evaluations so material specified in the Rule to the documentation or facsimiles; or a that retesting can be done within the Commission. Such required material modification that results in significant normal MAC cycle. The first two includes that information about which differences in software operator use. attempts for a specific category will be investors ought reasonably to be Some software changes will not be free of charge. All subsequent informed with respect to the issuer and significant enough to require certification attempts will be charged its subsidiaries and which the issuer (1) recertification. However, whenever any the out-of-cycle fees. has made or is required to make public change is made to a previously certified Standardization of Formats and Test pursuant to the law of the country of its product, MAC-certified manifest Results domicile or in which it is incorporated mailing software product developers or organized, (2) has filed or is required will be required to notify the Postal The Postal Service does not propose to file with a stock exchange on which Service to determine whether to mandate the standardization of its securities are traded and which was recertification is necessary. To documentation, except to the extent made public by such exchange and/or accommodate mailing industry needs to required in USPS Publication 401, (3) has distributed or is required to expedite the release of improved Guide to the Manifest Mailing System. distribute to its security holders. products, the Postal Service will The Postal Service believes, however, On October 6, 1983, the Commission provide a toll-free telephone number to that voluntary standardization would revised Rule 12g3±2(b) by terminating inform developers whether the changes enhance the approval and certification the availability of the exemptive rule for will warrant recertification. process and simplify the acceptance of certain foreign issuers with securities manifest mailings. DMM- or IMM-Initiated MAC Cycle quoted on an automated inter-dealer In the future, the Postal Service will quotation system (which includes the Significant changes in manifest offer the option for the manifest mailing Nasdaq stock market).2 The Commission mailing preparation standards might product developers to return manifest grandfathered indefinitely securities of require manifest mailing software test files in an electronic file structure. non-Canadian issuers in compliance product developers to modify their This will allow the test to be analyzed with the information-supplying products enough to trigger a and graded electronically which will exemption as of October 6, 1983 and recertification or a DMM- or IMM- speed the approval process and also quoted in Nasdaq on that date.3 The initiated MAC cycle. To provide time make it easier to accept manifests Commission extended the exemption to for recertification, the Postal Service electronically at business mail entry Canadian securities only until January, will attempt to delay implementation of units. This electronic file format will be 1986. significant changes to manifest mailing developed in the near future. Although, When it adopted Rule 12g3±2 and standards (those deemed significant not a specific part of this proposal other rules relating to foreign enough to require recertification) until notice, the Postal Service requests securities,4 the Commission indicated 120 days after the final date of notice of comments on this issue. that from time to time it would issue the change, whenever possible. (Some Stanley F. Mires, lists showing those foreign issuers that changes, such as those resulting from Chief Counsel, Legislative. have claimed exemptions from the congressional action or Postal Rate [FR Doc. 95±22889 Filed 9±13±95; 8:45 am] registration provisions of Section 12(g) Commission proceedings, may require 5 BILLING CODE 7710±12±P of the Act. The purpose of the present more immediate implementation.) release is to call to the attention of If the Postal Service conducts MAC brokers, dealers and investors that some testing out of the normal cycle (October SECURITIES AND EXCHANGE form of relatively current information 1 through December 31) to COMMISSION concerning the foreign issuers included accommodate such DMM or IMM on the following list is available in the changes, manifest mailing software [Release No. 34±36200; International Series public files of the Commission. 6 The Release No. 851] products tested and certified during this Commission also wishes to bring to the period will maintain certification for 1 year beyond the next normal test period. List of Foreign Issuers Which Have Submitted Information Required by the securities exchange in the United States, and may For instance, if a DMM change takes be subject to the reporting requirements by reason effect May 1996, a manifest mailing Exemption Relating to Certain Foreign of having registered securities under the Securities product that was MAC-certified in July Securities Act of 1933, 15 U.S.C. 77a et seq. 2 1996 (out of cycle to meet the new Exchange Act Release No. 20264 (Oct. 6, 1983). September 7, 1995. 3 If, however, the securities are delisted from an standard) will be issued a MAC Foreign private issuers with total automated inter-dealer quotation system or the certificate valid from July 1996 to assets in excess of $5,000,000 and a issuer fails to maintain or otherwise meet the December 1997 (unless further DMM or class of equity securities held of record requirements of the exemption, the grandfather IMM changes warranted significant provision will cease to apply. by 500 or more persons, of which 300 4 software updating). Exchange Act Release No. 8066 (Apr. 28, 1967). or more shareholders reside in the 5 Exchange Act Release No. 34477 (Aug. 2, 1994) Certification Fees United States, are subject to registration contained the last such list. under section 12(g) of the Securities 6 Inclusion of an issuer on the following list is not Participation in the MAC program Exchange Act of 1934, 15 U.S.C. 78a et an affirmation by the Commission that the issuer will be free of charge during the normal has complied or is complying with all the seq. (the ``Act'').1 testing cycle and in those instances conditions of the exemption provided by Rule 12g3±2(b). The list does identify those issuers that when a DMM- or IMM-initiated MAC 1 Foreign issuers may also be subject to such both have claimed the exemption and have cycle is conducted. A fee of $250.00, requirements of the Act by reason of having submitted relatively current information to the however, will be charged for those securities registered and listed on a national Commission as of September 1, 1995. Federal Register / Vol. 60, No. 178 / Thursday, September 14, 1995 / Notices 47769 attention of brokers, dealers, and reasonable basis for recommending documents in the files should be investors the fact that current these securities to their customers. 8 directed to the Public Reference Room, information concerning foreign issuers Any questions regarding Rule 12g3±2 Securities and Exchange Commission, may not necessarily be available in the or the list included herein should be Washington, D.C. 20549 ((202) 942± United States. 7 The Commission directed to Frank G. Zarb, Jr., Office of 8090). continues to expect that brokers and International Corporate Finance, For the Commission, by the Division of dealers will consider this fact in Division of Corporation Finance, Corporation Finance, pursuant to delegated connection with their obligations under Securities and Exchange Commission, authority. the federal securities laws to have a Washington, D.C. 20549 ((202) 942± Margaret H. McFarland, 2990). Requests for copies of the Deputy Secretary. Issuer name Country File No. A.C.T. Industrial Corp .......................................................................................................................................... Canada ...................... 82±1071 A.L.I Technologies Inc ......................................................................................................................................... Canada ...................... 82±3991 AAPC Ltd ............................................................................................................................................................. Australia .................... 82±3688 AB Astra .............................................................................................................................................................. Sweden ..................... 82±3299 ABN AMRO Holding N.V ..................................................................................................................................... Netherlands ............... 82±3246 ADI Technologies ...............................................................................................................................................