SEC NEWS DIGEST


   Issue 2007-124                                            June 28, 2007



   COMMISSION ANNOUNCEMENTS


   SEC TO END SHORT SALE TICK TEST ON JULY 6, 2007

   On June 13, 2007, the Commission voted to remove the tick test of Rule
   10a-1 and to amend Regulation SHO to provide that no short sale  price
   test, including any price test of any exchange or national  securities
   association,  shall  apply  to  short  sales  in  any  security.   The
   Commission has established a compliance date of July 6, 2007  for  the
   changes. Publication of the amendments is expected to be made  in  the
   Federal Register during the week of July 2, 2007. (Rel. 34-55970)