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Regulatory Bulletins
Regulatory Bulletins are sorted chronologically starting with the most recent bulletin.

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2005 Rule Adoption Notices (RAN)

Bulletin

Date

Subject

RAN-05-80

Dec 19

$2.50 Strike Price Program
(File No. SR-PCX-2005-137)

RAN-05-79

Dec 12

Changes in Listing Criteria of Underlying Issues
(File No. SR-PCX-2005-129)

RAN-05-78

Dec 2

Directed Order Process
(File No. SR-PCX-2005-56)

RAN-05-77

Dec 1

Dissemination of Index Value and Dissemination of Intraday Optimized Portfolio Value
(File Nos. SR-PCX-2005-88 and SR-PCX-2005-108)

RAN-05-76

Nov 25

PCX Plus Crossing Mechanism
(File No. SR-PCX-2005-85)

RAN-05-75

Nov 22

MRP Linkage
(File No. SR-PCX-2005-98)

RAN-05-74

Nov 22

Revisions to Series 9/10 Exam
(File No. SR-PCX-2005-113)

RAN-05-73

Nov 22

Revisions to Series 4 Exam
(File No. SR-PCX-2005-112)

RAN-05-72

Nov 9

Remote Market Makers
(File No. SR-PCX-2005-120)

RAN-05-71

Nov 4

Portfolio Crossing Service
(File No. SR-PCX-2005-73)

RAN-05-70

Oct 31

Offers of Settlement
(File No. SR-PCX-2005-76)

RAN-05-69

Oct 31

Offers of Settlement
(File No. SR-PCX-2005-75)

RAN-05-68

Oct 28

Linkage Plan Amendment No. 16
(File No. SR-PCX-2005-104)

RAN-05-67

Oct 10

Lead Market Makers
(File No. SR-PCX-2005-107)

RAN-05-66

Sep 30

Changes in Arbitration Rules
(File No. SR-PCX-2005-106)

RAN-05-65

Sep 26

PCX/ARCA Merger
(File No. SR-PCX-2005-90)

RAN-05-64

Sep 15

Linkage "Trade and Ship" and "Book and Ship"
(File No. SR-PCX-2005-59)

RAN-05-62

Sep 7

ArcaEx Modifications to Market Order Auction
(File No. SR-PCX-2005-58)

RAN-05-61

Sep 6

Obligations of Lead Market Makers - Effective Date
(File No. SR-PCX-2005-103)

RAN-05-60

Sep 2

Linkage "80-20 Test"
(File No. SR-PCX-2005-61)

RAN-05-59

Sep 2

OTP Holder/OTP Firm/ETP Holder Arbitration Direct Communication
(File No. SR-PCX-2005-99)

RAN-05-58

Sep 1

Complex Order Trading
(File No. SR-PCX-2005-92)

RAN-05-57

Aug 22

Extension of Position Limit Pilot Program
(File No. SR-PCX-2005-95)

RAN-05-56

Aug 18

Obligations of Lead Market Makers
(File No. SR-PCX-2005-93)

RAN-05-55

Aug 16

PCX Equities, Inc. - ETP Continuing Education
(File No. SR-PCX-2005-91)

RAN-05-54

Aug 15

Electronic Lead Market Maker
(File No. SR-PCX-2005-31)

RAN-05-53

Aug 9

Adoption of Generic Listing Standards for Index-Linked Securities
(File No. SR-PCX-2005-63)

RAN-05-52

Aug 2

OTP Continuing Education
(File No. SR-PCX-2005-80)

RAN-05-51

Jul 28

ArcaEx Modifications to Q Order Definitions
(File No. SR-PCX-2005-72)

RAN-05-50

Jul 21

Complex Order Trading on PCX Plus
(File No. SR-PCX-2005-71)

RAN-05-49

Jul 14

One Week Options
(File No. SR-PCX-2005-32)

RAN-05-48

Jul 13

Obvious Error
(File No. SR-PCX-2005-78)

RAN-05-47

Jul 7

PCXE Subpenny Pilot Extension
(File No. SR-PCX-2005-84)

RAN-05-46

Jun 9

Exchange Calculation of the NBBO when Another Market Is Disconnected from the Intermarket Option Linkage
(File No. SR-PCX-2005-27)

RAN-05-45

Jun 9

Books and Records
(File No. SR-PCX-2005-22)

RAN-05-44

Jun 3

Prohibition on Borrowing and Lending
(File No. SR-PCX-2005-34)

RAN-05-43

Jun 3

Prohibition on Borrowing and Lending
(File No. SR-PCX-2005-33)

RAN-05-42

Jun 2

Extension of $1 Strike Pilot Program
(File No. SR-PCX-2005-69)

RAN-05-41

May 31

Delay of Implementation Date of Revisions to the Series 4 Examination Program
(File No. SR-PCX-2005-57)

RAN-05-40

May 31

Revisions to the Series 4 Examination Program
(File No. SR-PCX-2005-51)

RAN-05-39

May 31

Market Maker Risk Limitation Mechanism
(File No. SR-PCX-2005-64)

RAN-05-38

May 25

Demutualization Follow Up
(File No. SR-PCX-2005-52)

RAN-05-37

May 18

Arbitration Pilot Rule Extension
(File No. SR-PCX-2005-50)

RAN-05-36

May 13

PCXE Clearly Erroneous Executions
(File No. SR-PCX-2004-72)

RAN-05-35

May 9

Deletion of Obsolete and Unnecessary Rules
(File No. SR-PCX-2004-65)

RAN-05-34

May 3

Elimination of Prohibition on Computer Generated Orders
(File No. SR-PCX-2005-48)

RAN-05-33

Apr 28

Corporate Governance for Listed Companies
(File No. SR-PCX-2005-38)

RAN-05-32

Apr 28

Arbitration Off-Site Hearing Venue Surcharge
(File No. SR-PCX-2005-14)

RAN-05-25

Apr 27

Arbitration Rule Numbering Change
(File No. SR-PCX-2005-36)

RAN-05-31

Apr 25

SizeQuote Mechanism
(File No. SR-PCX-2005-35)

RAN-05-30

Apr 18

Arbitration Last Minute Adjournments
(File No. SR-PCX-2004-124)

RAN-05-29

Mar 23

Electronic Filing of Forms U4 and U5 by ETP Holders
(File No. SR-PCX-2005-11)

RAN-05-28

Mar 23

Electronic Filing of Forms U4 and U5 by OTP Holders and OTP Firms
(File No. SR-PCX-2005-10)

RAN-05-27

Mar 22

Q Orders
(File No. SR-PCX-2005-29)

RAN-05-26

Mar 22

Remote Market Makers Ability to be Reappointed Option Issues
(File No. SR-PCX-2005-26)

RAN-05-24

Mar 18

Primary Only Orders
(File No. SR-PCX-2005-15)

RAN-05-23

Mar 11

Split Price Priority
(File No. SR-PCX-2005-25)

RAN-05-22

Mar 10

PCX Equities, Inc. - Extension of Time to Comply with Requirement that All Financial/Operations Principals of ETP Firms Successfully Complete the Series 27 Examination and All Compliance Supervisors of ETP Firms Successfully Complete the Series 24 Examination
(File No. SR-PCX-2005-24)

RAN-05-21

Mar 8

Position and Exercise Limits
(File No. SR-PCX-2003-55)

RAN-05-20

Mar 8

Deletion of Certain Obsolete or Unnecessary Rules
(File No. SR-PCX-2005-21)

RAN-05-19

Mar 4

streetTRACKS Gold Shares (GLD)
(File No. SR-PCX-2004-117)

RAN-05-18

Mar 2

FOCD Forms Due Date
(File No. SR-PCX-2004-131)

RAN-05-17

Mar 1

Fees for Late FOCD Forms
(File No. SR-PCX-2004-130)

RAN-05-16

Feb 23

PCX Market Maker and Floor Broker Examinations
(File No. SR-PCX-2005-18)

RAN-05-15

Feb 17

Minimum Price Improvement Standards
(File No. SR-PCX-2004-129)

RAN-05-14

Feb 11

Market Maker Cleanup Order Administrative Change
(File No. SR-PCX-2005-02)

RAN-05-13

Feb 8

OptiMark Rule Deletion
(File No. SR-PCX-2005-07)

RAN-05-12

Feb 8

Extension of a Limitation on Linkage Trade Through Liability at the End of the Options Trading Day Pilot Program
(File No. SR-PCX-2005-08)

RAN-05-11

Feb 7

Listing Fee Schedule for Structured Products
(File No. SR-PCX-2004-43)

RAN-05-10

Feb 4

OTP Holder/OTP Firm/ETP Holder Related Arbitration Fees
(File No. SR-PCX-2004-118)

RAN-05-09

Jan 28

Immediate Display of Customer Limit Orders
(File No. SR-PCX-2000-15)

RAN-05-08

Jan 28

PCX Minor Rule Plan Amendment
(File No. SR-PCX-2004-58)

RAN-05-07

Jan 27

Commodity-Based Trust Shares and iShares COMEX Gold Trust
(File No. SR-PCX-2004-132)

RAN-05-06

Jan 25

PCX Equities, Inc. - Requirement that All Financial/Operations Principals of ETP Firms Successfully Complete the Series 27 Examination and All Compliance Supervisors of ETP Firms Successfully Complete the Series 24 Examination
(File No. SR-PCX-2004-96)

RAN-05-05

Jan 25

Increase of Position and Exercise Limits for Options On Standard and Poor's Depository Receipts
(File No. SR-PCX-2005-05)

RAN-05-04

Jan 20

PCX Equities, Inc. - Opening Time for the Commencement of the Opening Auction on the ArcaEx
(File No. SR-PCX-2004-83)

RAN-05-03

Jan 20

Electronic Order Capture Requirements
(File No. SR-PCX-2005-04)

RAN-05-02

Jan 13

Electronic Order Capture/Electronic Tablet; Implementation of a New Order Audit Trail System
(File No. SR-PCX-2004-122)

RAN-05-01

Jan 13

Extension of Phase in Period for PCX Plus
(File No. SR-PCX-2004-128)



2005 Regulatory Bulletins (RB)

Bulletin

Date

Subject

RB-05-26

Dec 16

PowerShares FTSE RAFI US 1000 Portfolio

RB-05-25

Dec 12

PowerShares Value Line Timeliness Select Portfolio

RB-05-24

Dec 7

PowerShares Dividend Achievers Portfolio PowerShares High Growth Rate Dividend Achievers Portfolio

RB-05-23

Dec 5

PowerShares Exchange-Traded Fund Trust

RB-05-22

Nov 22

Notice Pursuant to Securities Exchange Act of 1934 Rule 17a-5(f)(2) Due by December 10

RB-05-21

Nov 21

Disciplinary Sanctions Imposed And Arbitration Awards Rendered

RB-05-20

Nov 16

streetTRACKS Series Trust

RB-05-19

Nov 15

SPDR Dividend ETF

RB-05-18

Nov 14

streetTRACKS Series Trust

RB-05-17

Nov 3

First Trust Dow Jones Select MicroCap Index Fund

RB-05-16

Oct 25

PowerShares Exchange-Traded Fund Trust

RB-05-15

Oct 21

Vanguard® International Viper® Shares

RB-05-14

Aug 25

iShares® Russell Micrcap™ Index Fund

RB-05-13

Aug 18

PowerShares Zacks Micro Cap Portfolio

RB-05-12

Aug 9

Disciplinary Sanctions Imposed and Arbitration Awards Rendered

RB-05-11

May 27

Sierra Pacific Resources, 9.00% Premium Income Equity Securities

RB-05-10

May 18

Discplinary Sanctions Imposed and Arbitration Awards Rendered

RB-05-09

May 31

Obligation to Keep Current Mailing Address and Email Address — Minor Rule Plan Violation

RB-05-08

Mar 18

Notice of Electronic Storage Media

RB-05-07

Mar 2

Disciplinary Sanctions Imposed and Arbitration Awards Rendered

RB-05-06

Feb 11

streetTRACKS Gold Shares

RB-05-05

Jan 31

Financial and Operational Compliance Forms Available on Web

RB-05-04

Jan 19

iShares COMDEX Gold Shares

RB-05-03

Jan 7

streetTRACKS Gold Shares

RB-05-02

Jan 5

Clarification Regarding Supervisory Obligations and Recordkeeping Requirements for E-Mail and Instant Messages

RB-05-01

Jan 5

FOCUS Reports and Annual Compliance Forms



2005 Regulatory Bulletins - Equities (RBE)

Bulletin

Date

Subject

RBE-05-13

Sep 7

Electronic Blue Sheet Submissions

RBE-05-11

Sep 2

THIRD REMINDER: Series 24 Requirement

RBE-05-10

Aug 2

SECOND REMINDER: Series 27 Requirement

RBE-05-09

Aug 2

SECOND REMINDER: Series 24 Requirement

RBE-05-08

Jul 13

Market Maker Authorized Traders

RBE-05-07

Jul 13

REMINDER: Series 27 Requirement

RBE-05-06

Jul 13

All PCXE ETP Holders for which PCXE is the Designated Examining Authority

RBE-05-05

May 19

Series 27 Requirement — Extension of Effective Date

RBE-05-04

May 19

Series 24 Requirement — Extension of Effective Date

RBE-05-03

May 13

Clearly Erroneous Execution Panel

RBE-05-02

Jan 21

Regulation M

RBE-05-01

Jan 5

Series 27 Requirement



2005 Regulatory Bulletins - Options (RBO)

Bulletin

Date

Subject

RBO-05-22

Sep 29

De facto Market Making Monitoring Procedures

RBO-05-21

Sep 26

Linkage Locked and Crossed Markets Compliance

RBO-05-20

Sep 7

Electronic Blue Sheet Submissions

RBO-05-19

Jul 26

Floor Broker Due Diligence - Order Acceptance

RBO-05-18

Jul 7

Floor Broker Due Diligence — Order handling time limit will change from 90 seconds to 30 seconds starting July 8, 2005

RBO-05-17

Jun 22

Reallocation Guideline — 5% Minimum Market Share

RBO-05-16

Jun 9

Busting Legs of Complex Transactions

RBO-05-15

Jun 9

Changes to Rule 6.37(g)
Lead Market Maker Quoting Obligations

RBO-05-14

May 23

Exchange Officials

RBO-05-13

May 4

Obvious Errors — PCX Rule 6.87(g)

RBO-05-12

Apr 28

Unbundling

RBO-05-11

Apr 28

Interpretation — Automated Indications of Interest Service

RBO-05-10

Apr 27

SizeQuote Mechanism — Rule Explanation

RBO-05-09

Apr 18

Reallocation Guideline — 5% Minimum Market Share

RBO-05-08

Apr 7

Trades Binding on Common Language

RBO-05-07

Apr 5

Quote Width Requirements for LEAPS®

RBO-05-06

Mar 17

EOC or Electronic Tablet Entry Requirements for SPY Orders

RBO-05-05

Mar 10

Order Crossing Rule Update

RBO-05-04

Mar 9

Electronic Exercise Notice

RBO-05-03

Mar 2

Requirement that Financial/Operation Principals of PCX OTP Firms Successfully Complete the Series 27 Examination

RBO-05-02

Feb 1

OSD Contact Information

RBO-05-01

Jan 21

Quote Widths



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