On October 2nd, the SEC granted immediate effectiveness to the NASDAQ OMX PHLX's proposed amendment of PHLX Rules 501 (Specialist Appointment), 505 (Allocation, Reallocation and Transfer of Issues), 506 (Allocation Application), 507 (Application for Approval as an SQT or RSQT and Assignment of Options), and 513 (Voluntary Resignation of Options Privileges) to clarify and streamline the process for specialist allocations and Streaming Quote Trader and Remote Streaming Quote Trader assignments, and to delete unnecessary or obsolete language. Comments should be submitted on or before October 30, 2009. SEC Release No. 34-60785.