On November 2nd, the SEC provided notice of NASDAQ OMX PHLX's filing of a proposal adopting new Exchange Rule 912 entitled "Transfer of Accounts." The purpose of the proposed rule change is to codify the Exchange's current policy with respect to the transfer of accounts. Comments should be submitted within 21 days after publication in the Federal Register, which is expected during the week of November 7. SEC Release No. 34-65667.