[Federal Register Volume 63, Number 60 (Monday, March 30, 1998)]
[Notices]
[Pages 15243-15244]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-8154]


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SECURITIES AND EXCHANGE COMMISSION


Isssuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (VSI Enterprises, Inc., Common Stock, $.00025 Par 
Value) File NO. 1-10927

March 23, 1998.
    VSI Enterprises, Inc. (``Company'') has filed an application with 
the Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
security (``Security'') from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Security also is listed for trading on the Nasdaq SmallCap 
Market.
    On February 17, 1998, the Board of Directors of the Company 
determined to withdraw the Security from listing and registration on 
the BSE. In making the decision to withdraw its Security from listing 
and registration on the BSE, the Company considered the costs and 
expenses attendant on maintaining the dual listing of its Security on 
the Nasdaq SmallCap Market and the BSE. Because a substantial portion 
of trading in the Security occurs on the Nasdaq SmallCap Market, the 
Company does not see any particular advantage in continuing the dual 
trading of the Security.
    The Company has represented that it has complied with the rules of 
the BSE regarding the withdrawal of its Security from listing and 
registration on the BSE. By letter dated February 27, 1998, the BSE 
informed the Company that it would not object to the withdrawal of the 
Company's Security from listing and registration on the BSE.
    The Company also has represented that its application shall have no 
effect upon the continued listing of the Security on the Nasdaq 
SmallCap Market. Furthermore, by reason of section 12(b) of the Act and 
the rules thereunder, the Company shall continue to be obligated to 
file reports under

[[Page 15244]]

section 13 of the Act with the Commission.
    Any interested person may, on or before April 13, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchange 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-8154 Filed 3-27-98; 8:45 am]
BILLING CODE 8010-01-M