80_FR_16101 80 FR 16043 - In the Matter of Winsonic Digital Media Group, Ltd.; Order of Suspension of Trading Pursuant to Section 12(K) of the Securities Exchange Act of 1934

80 FR 16043 - In the Matter of Winsonic Digital Media Group, Ltd.; Order of Suspension of Trading Pursuant to Section 12(K) of the Securities Exchange Act of 1934

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 58 (March 26, 2015)

Page Range16043-16044
FR Document2015-07040

Federal Register, Volume 80 Issue 58 (Thursday, March 26, 2015)
[Federal Register Volume 80, Number 58 (Thursday, March 26, 2015)]
[Notices]
[Pages 16043-16044]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-07040]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


In the Matter of Winsonic Digital Media Group, Ltd.; Order of 
Suspension of Trading Pursuant to Section 12(K) of the Securities 
Exchange Act of 1934

March 24, 2015.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Winsonic Digital Media Group, Ltd. (``Winsonic'') because it has not 
filed any periodic

[[Page 16044]]

reports since the period ending September 30, 2008, or any reports 
since June 2011.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of Winsonic.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of 
Winsonic is suspended for the period from 9:30 a.m. EDT on March 24, 
2015, through 11:59 p.m. EDT on April 7, 2015.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-07040 Filed 3-24-15; 4:15 pm]
 BILLING CODE 8011-01-P



                                                                               Federal Register / Vol. 80, No. 58 / Thursday, March 26, 2015 / Notices                                                    16043

                                                  the rules of an exchange not be designed                Protection Rule. Thus, the Exchange                     Commission, 100 F Street NE.,
                                                  to permit unfair discrimination between                 does not believe the proposal creates                   Washington, DC 20549–1090.
                                                  customers, issuers, brokers, or dealers.                any significant impact on competition.                  All submissions should refer to File
                                                     In particular, the Exchange believes                                                                         Number SR–CBOE–2015–031. This file
                                                                                                          C. Self-Regulatory Organization’s
                                                  that the proposed changes would ensure                  Statement on Comments on the                            number should be included on the
                                                  further consistency within the                          Proposed Rule Change Received From                      subject line if email is used. To help the
                                                  Exchange’s Rules. The Exchange also                     Members, Participants, or Others                        Commission process and review your
                                                  believes that the proposed rule changes                                                                         comments more efficiently, please use
                                                  would further the objectives of the Act                   The Exchange neither solicited nor                    only one method. The Commission will
                                                  to protect investors by promoting the                   received written comments on the                        post all comments on the Commission’s
                                                  intermarket price protection goals of the               proposed rule change.                                   Internet Web site (http://www.sec.gov/
                                                  Exchange’s Order Protection Rule 6.81                   III. Date of Effectiveness of the                       rules/sro.shtml). Copies of the
                                                  and the Options Intermarket Linkage                     Proposed Rule Change and Timing for                     submission, all subsequent
                                                  Plan.22 The Exchange believes its                       Commission Action                                       amendments, all written statements
                                                  proposal would help ensure intermarket                                                                          with respect to the proposed rule
                                                                                                             Because the foregoing proposed rule
                                                  competition across all exchanges, aid in                                                                        change that are filed with the
                                                                                                          change does not (i) significantly affect
                                                  preventing intermarket trade-throughs,                                                                          Commission, and all written
                                                                                                          the protection of investors or the public
                                                  and facilitate compliance with best                                                                             communications relating to the
                                                                                                          interest; (ii) impose any significant
                                                  execution practices. The Exchange                                                                               proposed rule change between the
                                                                                                          burden on competition; and (iii) become
                                                  believes that these objectives are                                                                              Commission and any person, other than
                                                                                                          operative for 30 days from the date on
                                                  consistent with the Act and the rules                                                                           those that may be withheld from the
                                                                                                          which it was filed, or such shorter time
                                                  and regulations thereunder applicable to                                                                        public in accordance with the
                                                                                                          as the Commission may designate, it has
                                                  the Exchange and, in particular, the                                                                            provisions of 5 U.S.C. 552, will be
                                                                                                          become effective pursuant to Section
                                                  requirements of Section 11A of the Act.                                                                         available for Web site viewing and
                                                                                                          19(b)(3)(A) of the Act 23 and Rule 19b–
                                                  In addition, the Exchange believes that                                                                         printing in the Commission’s Public
                                                                                                          4(f)(6) thereunder.24
                                                  the proposed rule changes will clarify                     At any time within 60 days of the                    Reference Room, 100 F Street NE.,
                                                  the manner in which orders are                          filing of the proposed rule change, the                 Washington, DC 20549, on official
                                                  submitted into the SAM auction process                  Commission summarily may                                business days between the hours of
                                                  and reduce the potential for confusion                  temporarily suspend such rule change if                 10:00 a.m. and 3:00 p.m. Copies of the
                                                  in the Rules. The Exchange believes that                it appears to the Commission that such                  filing also will be available for
                                                  providing additional clarity to its Rules               action is necessary or appropriate in the               inspection and copying at the principal
                                                  furthers the goal of promoting                          public interest, for the protection of                  office of the Exchange. All comments
                                                  transparency in markets, which is in the                investors, or otherwise in furtherance of               received will be posted without change;
                                                  best interests of market participants and               the purposes of the Act. If the                         the Commission does not edit personal
                                                  the general public and consistent with                  Commission takes such action, the                       identifying information from
                                                  the Act.                                                Commission will institute proceedings                   submissions. You should submit only
                                                  B. Self-Regulatory Organization’s                       to determine whether the proposed rule                  information that you wish to make
                                                  Statement on Burden on Competition                      change should be approved or                            available publicly. All submissions
                                                                                                          disapproved.                                            should refer to File Number SR–CBOE–
                                                    The Exchange does not believe that                                                                            2015–031 and should be submitted on
                                                  the proposed rule change will impose                    IV. Solicitation of Comments                            or before April 16, 2015.
                                                  any burden on competition that is not                     Interested persons are invited to                       For the Commission, by the Division of
                                                  necessary or appropriate in furtherance                 submit written data, views and                          Trading and Markets, pursuant to delegated
                                                  of the purposes of the Act. Rather, the                 arguments concerning the foregoing,                     authority.25
                                                  Exchange believes that the proposed                     including whether the proposed rule                     Brent J. Fields,
                                                  rule would bolster intermarket                          change is consistent with the Act.                      Secretary.
                                                  competition by promoting fair                           Comments may be submitted by any of                     [FR Doc. 2015–06893 Filed 3–25–15; 8:45 am]
                                                  competition among individual markets,                   the following methods:                                  BILLING CODE 8011–01–P
                                                  while at the same time assuring that
                                                  market participants receive the benefits                Electronic Comments
                                                  of markets that are linked together,                      • Use the Commission’s Internet                       SECURITIES AND EXCHANGE
                                                  through facilities and rules, in a unified              comment form (http://www.sec.gov/                       COMMISSION
                                                  system, which promotes interaction                      rules/sro.shtml); or
                                                  among the orders of buyers and sellers.                   • Send an email to rule-comments@                     [File No. 500–1]
                                                  The Exchange believes its proposal                      sec.gov. Please include File Number SR–
                                                  would help ensure intermarket                           CBOE–2015–031 on the subject line.                      In the Matter of Winsonic Digital Media
                                                  competition across all exchanges, aid in                                                                        Group, Ltd.; Order of Suspension of
                                                                                                          Paper Comments                                          Trading Pursuant to Section 12(K) of
                                                  preventing intermarket trade-throughs,
                                                  and facilitate compliance with best                       • Send paper comments in triplicate                   the Securities Exchange Act of 1934
                                                  execution practices. In addition, the                   to Secretary, Securities and Exchange
                                                                                                                                                                  March 24, 2015.
                                                  Exchange believes that the proposed
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                                                                                                            23 15  U.S.C. 78s(b)(3)(A).
                                                                                                                                                                    It appears to the Securities and
                                                  rule change would help promote fair                                                                             Exchange Commission that there is a
                                                                                                            24 17  CFR 240.19b–4(f)(6). As required under Rule
                                                  and orderly markets by helping to                                                                               lack of current and accurate information
                                                                                                          19b–4(f)(6)(iii), the Exchange provided the
                                                  ensure compliance with the Order                        Commission with written notice of its intent to file    concerning the securities of Winsonic
                                                                                                          the proposed rule change, along with a brief            Digital Media Group, Ltd. (‘‘Winsonic’’)
                                                    22 See generally Securities and Exchange Act          description and the text of the proposed rule
                                                  Release No. 34–43086 (July 28, 2000), 65 FR 48023       change, at least five business days prior to the date   because it has not filed any periodic
                                                  (August 4, 2000) (Order Approving Options               of filing of the proposed rule change, or such
                                                  Intermarket Linkage Plan) (File No. 4–429).             shorter time as designated by the Commission.             25 17   CFR 200.30–3(a)(12).



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                                                  16044                        Federal Register / Vol. 80, No. 58 / Thursday, March 26, 2015 / Notices

                                                  reports since the period ending                         SECURITIES AND EXCHANGE                               scale for transaction fees to: (i) Adopt
                                                  September 30, 2008, or any reports since                COMMISSION                                            transaction fees for non-Penny Pilot
                                                  June 2011.                                                                                                    options classes; and (ii) provide for
                                                    The Commission is of the opinion that                 [Release No. 34–74555; File No. SR–MIAX–
                                                                                                          2015–20]
                                                                                                                                                                additional incentives for achieving
                                                  the public interest and the protection of                                                                     certain Priority Customer Rebate
                                                  investors require a suspension of trading               Self-Regulatory Organizations; Miami                  Program volume tiers.
                                                  in the securities of Winsonic.                          International Securities Exchange,                       The sliding scale for MIAX Market
                                                    Therefore, it is ordered, pursuant to                 LLC; Notice of Filing and Immediate                   Maker transaction fees is based on the
                                                  Section 12(k) of the Securities Exchange                Effectiveness of a Proposed Rule                      substantially similar fees of the Chicago
                                                  Act of 1934, that trading in the                        Change To Amend Its Fee Schedule                      Board Options Exchange, Incorporated
                                                  securities of Winsonic is suspended for                                                                       (‘‘CBOE’’).4 Currently, the program
                                                  the period from 9:30 a.m. EDT on March                  March 20, 2015.                                       reduces a MIAX Market Maker’s per
                                                  24, 2015, through 11:59 p.m. EDT on                        Pursuant to Section 19(b)(1) of the                contract transaction fee based on
                                                  April 7, 2015.                                          Securities Exchange Act of 1934                       percentages of total national Market
                                                     By the Commission.                                   (‘‘Act’’),1 and Rule 19b–4 thereunder,2               Maker volume of any options classes
                                                  Jill M. Peterson,
                                                                                                          notice is hereby given that on March 11,              that trade on the exchange during the
                                                                                                          2015, Miami International Securities                  calendar month, based on the following
                                                  Assistant Secretary.
                                                                                                          Exchange LLC (‘‘MIAX’’ or ‘‘Exchange’’)               scale:
                                                  [FR Doc. 2015–07040 Filed 3–24–15; 4:15 pm]
                                                                                                          filed with the Securities and Exchange
                                                  BILLING CODE 8011–01–P                                  Commission (‘‘SEC’’ or ‘‘Commission’’)                                    Percentage of           Transaction
                                                                                                          the proposed rule change as described                     Tier           national Market            fee per
                                                                                                                                                                                    Maker volume              contract
                                                                                                          in Items I, II, and III below, which Items
                                                  SECURITIES AND EXCHANGE                                 have been prepared by the Exchange.
                                                  COMMISSION                                                                                                    1   ........    0.00%–0.05% ............           $0.25
                                                                                                          The Commission is publishing this                     2   ........    Above 0.05%–0.50%                   0.17
                                                  Sunshine Act Meeting                                    notice to solicit comments on the                     3   ........    Above 0.50%–0.80%                   0.12
                                                                                                          proposed rule change from interested                  4   ........    Above 0.80%–1.50%                   0.07
                                                     Notice is hereby given, pursuant to                  persons.                                              5   ........    Above 1.50% .............           0.05
                                                  the provisions of the Government in the
                                                  Sunshine Act, Public Law 94–409, that                   I. Self-Regulatory Organization’s                        The Exchange proposes to amend its
                                                  the Securities and Exchange                             Statement of the Terms of Substance of                current MIAX Market Maker sliding
                                                  Commission will hold an Open Meeting                    the Proposed Rule Change                              scale for transactions to adopt
                                                  on March 30, 2015, at 10:30 a.m., in                       The Exchange is filing a proposal to               transaction fees for non-Penny Pilot
                                                  Room 10800 at the Commission’s                          amend the MIAX Options Fee Schedule.                  options classes. Specifically, the
                                                  headquarters building, to hear oral                        The text of the proposed rule change               Exchange proposes to reduce a MIAX
                                                  argument in cross-appeals by Francis V.                 is available on the Exchange’s Web site               Market Maker’s per contract transaction
                                                  Lorenzo and the Division of                             at http://www.miaxoptions.com/filter/                 fee based on percentages of total
                                                  Enforcement from an initial decision of                 wotitle/rule_filing, at MIAX’s principal              national Market Maker volume of any
                                                  an administrative law judge.                            office, and at the Commission’s Public                options classes that trade on the
                                                     On December 31, 2013, the law judge                  Reference Room.                                       exchange during the calendar month,
                                                  found that Lorenzo violated the                                                                               based on the following scale:
                                                                                                          II. Self-Regulatory Organization’s
                                                  antifraud provisions of Section 17(a) of                Statement of the Purpose of, and
                                                  the Securities Act of 1933, Section 10(b)                                                                                                                 Non-Penny
                                                                                                          Statutory Basis for, the Proposed Rule                                    Percentage of           Pilot classes
                                                  of the Securities Exchange Act of 1934,                 Change                                                    Tier           national Market           transaction
                                                  and Exchange Act Rule 10b–5 when he                                                                                               Maker volume               fee per
                                                  sent two potential investors emails                        In its filing with the Commission, the                                                            contract
                                                  containing false and misleading                         Exchange included statements
                                                  information about his firm’s client. The                concerning the purpose of and basis for               1   ........    0.00%–0.05% ............           $0.29
                                                  law judge ordered Lorenzo to cease and                  the proposed rule change and discussed                2   ........    Above 0.05%–0.50%                   0.21
                                                                                                          any comments it received on the                       3   ........    Above 0.50%–0.80%                   0.16
                                                  desist from violations of the antifraud
                                                                                                          proposed rule change. The text of these               4   ........    Above 0.80%–1.50%                   0.11
                                                  provisions, barred him from the                                                                               5   ........    Above 1.50% .............           0.09
                                                  securities industry, and ordered him to                 statements may be examined at the
                                                  pay a civil money penalty of $15,000.                   places specified in Item IV below. The
                                                                                                                                                                   The proposed sliding scale would
                                                     The issues likely to be considered at                Exchange has prepared summaries, set
                                                                                                                                                                apply to all MIAX Market Makers for
                                                  oral argument include whether Lorenzo                   forth in sections A, B, and C below, of
                                                                                                                                                                transactions in all non-Penny Pilot
                                                  violated the antifraud provisions as                    the most significant aspects of such
                                                                                                                                                                options classes except mini-options. A
                                                  alleged and, if so, the extent to which                 statements.
                                                                                                                                                                MIAX Market Maker’s initial $0.29 per
                                                  he should be sanctioned for those                       A. Self-Regulatory Organization’s                     contract rate will be reduced if the
                                                  violations.                                             Statement of the Purpose of, and                      MIAX Market Maker reaches the volume
                                                     The duty officer determined that no                  Statutory Basis for, the Proposed Rule                thresholds set forth in the sliding scale
                                                  earlier notice thereof was possible. For                Change
                                                  further information, please contact the                                                                       Maker including RMM, LMM, PLMM, DLMM, and
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  Office of the Secretary at (202) 551–                   1. Purpose                                            DPLMM.
                                                  5400.                                                      The Exchange proposes to amend its                    4 See Securities Exchange Act Release Nos. 55193

                                                                                                          current MIAX Market Maker 3 sliding                   (January 30, 2007), 72 FR 5476 (February 6, 2007)
                                                    Dated: March 24, 2015.                                                                                      (SR–CBOE–2006–111); 57191 (January 24, 2008), 73
                                                  Brent J. Fields.                                                                                              FR 5611 (January 30, 2008); 58321 (August 6, 2008),
                                                                                                            1 15 U.S.C. 78s(b)(1).
                                                  Secretary.                                                                                                    73 FR 46955 (SR–CBOE–2008–78). See also CBOE
                                                                                                            2 17 CFR 240.19b–4.                                 Fees Schedule, p. 3. The Exchange notes that CBOE
                                                  [FR Doc. 2015–07048 Filed 3–24–15; 4:15 pm]               3 ‘‘MIAX Market Maker’’ for purposes of the         does not charge market makers a differentiated
                                                  BILLING CODE 8011–01–P                                  proposed sliding scale means any MIAX Market          transaction fee for non-Penny Pilot option classes.



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Document Created: 2015-12-18 11:46:33
Document Modified: 2015-12-18 11:46:33
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 16043 

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