On September 20th, the SEC granted approval of a proposal by International Securities Exchange, Inc. to codify an existing policy related to the application of ISE Rules 717(d) and (e). ISE Rules 717(d) and (e) require members to expose orders entered on the limit order book for at least one second before executing them as principal or against orders that were solicited from other broker-dealers. SEC Release No. 34-65361.