80 FR 26964 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE Arca Options Market Data To Add a Late Fee in Connection With Failure To Submit the Non-Display Use Declaration

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 90 (May 11, 2015)

Page Range		26964-26966
FR Document		2015-11276
Federal Register, Volume 80 Issue 90 (Monday, May 11, 2015)
[Federal Register Volume 80, Number 90 (Monday, May 11, 2015)]
[Notices]
[Pages 26964-26966]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-11276]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-74877; File No. SR-NYSEARCA-2015-37]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change Amending the Fees 
for NYSE Arca Options Market Data To Add a Late Fee in Connection With 
Failure To Submit the Non-Display Use Declaration

May 5, 2015.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby 
given that, on April 27, 2015, NYSE Arca, Inc. (the ``Exchange'' or 
``NYSE Arca'') filed with the Securities and Exchange Commission (the 
``Commission'') the proposed rule change as described in Items I, II, 
and III below, which Items have been prepared by the self-regulatory 
organization. The Commission is publishing this notice to solicit 
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange proposes to amend the fees for NYSE Arca Options 
market data to add a late fee in connection with failure to submit the 
non-display use declaration, operative on May 1, 2015. The text of the 
proposed rule change is available on the Exchange's Web site at 
www.nyse.com, at the principal office of the Exchange, and at the 
Commission's Public Reference Room.

II. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the self-regulatory organization 
included statements concerning the purpose of, and basis for, the 
proposed rule change and discussed any comments it received on the 
proposed rule change. The text of those statements may be examined at 
the places specified in Item IV below. The Exchange has prepared 
summaries, set forth in sections A, B, and C below, of the most 
significant parts of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and the 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to amend the fees for NYSE Arca Options 
market data, as set forth on the NYSE Arca Options Proprietary Market 
Data Fee Schedule (``Fee Schedule''), to add a late fee in connection 
with failure to submit an updated non-display use declaration. The 
proposed change to the Fee Schedule would be operative on May 1, 2015.
    The Exchange established the current fees for non-display services 
for ArcaBook for Arca Options, which consists of ArcaBook for Arca 
Options--Trades, ArcaBook for Arca Options--Top of Book, ArcaBook for 
Arca Options--Depth of Book, ArcaBook for Arca Options--Complex, 
ArcaBook for Arca Options--Series Status, and ArcaBook for Arca 
Options--Order Imbalance, in May 2013 and amended those fees in 
September 2014.\4\ In

[[Page 26965]]

November 2014, the Exchange established the current fees, including 
non-display use fees, for ArcaBook for Arca Options--Complex on a 
standalone basis.\5\ The 2013 Non-Display Filing established a 
requirement that data recipients that receive real-time NYSE Arca 
Options market data subject to Non-Display Use fees submit a 
declaration with respect to their use of non-display data. In 
connection with the fee changes in the 2014 Non-Display Filing, the 
Exchange required data recipients that receive real-time NYSE Arca 
Options market data subject to Non-Display Use fees to complete and 
submit an updated Non-Display Use Declaration by September 1, 2014.\6\ 
The 2014 Non-Display Filing also established that data recipients are 
required to submit an updated annual Non-Display Use Declaration by 
January 31st of each year beginning in 2016. In addition, if a data 
recipient's use of real-time NYSE Arca Options market data changes at 
any time after the data recipient submits a Non-Display Use 
Declaration, the data recipient must inform the Exchange of the change 
by completing and submitting at the time of the change an updated 
declaration reflecting the change of use.
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    \4\ See Securities Exchange Act Release Nos. 69554 (May 10, 
2013), 78 FR 28917 (May 16, 2013) (SR-NYSEArca-2013-47) (``2013 Non-
Display Filing'') and 73010 (Sept. 5, 2014), 79 FR 54307 (Sept. 11, 
2014) (SR-NYSEArca-2014-94) (``2014 Non-Display Filing'').
    \5\ See Securities Exchange Act Release No. 73588 (Nov. 13, 
2014), 79 FR 68922 (Nov. 19, 2014) (SR-NYSEArca-2014-129).
    \6\ The current form of the Non-Display Use Declaration 
reflected the changes to the non-display fees set forth in the 2014 
Non-Display Filing and replaced the NYSE Euronext Non-Display Use 
Declaration established in connection with the 2013 Non-Display 
Filing.
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    The Exchange notes that if a data recipient does not timely submit 
a Non-Display Use Declaration, the Exchange does not have up-to-date 
information about the data recipient's data use and therefore may not 
be charging the correct fees to the data recipient. In order to 
correctly assess fees for the non-display use of NYSE Arca Options 
market data, the Exchange needs to have current and accurate 
information about the use of NYSE Arca Options market data. The failure 
of data recipients to submit the Non-Display Use Declaration on time 
leads to potentially incorrect billing and administrative burdens, 
including tracking and obtaining late Non-Display Use Declarations and 
correcting customer records in connection with late Non-Display Use 
Declarations. The purpose of the proposed late fee is to incent data 
recipients to submit the Non-Display Use Declaration promptly to avoid 
the administrative burdens associated with the late submission of Non-
Display Use Declarations.
    The Exchange proposes to establish a Non-Display Declaration Late 
Fee of $1,000 per month. The proposed fee would be charged to any data 
recipient that pays an Access Fee for NYSE ArcaBook for Arca Options or 
NYSE ArcaBook for Arca Options--Complex that has failed to timely 
complete and submit a Non-Display Use Declaration.
    With respect to the Non-Display Use Declaration that was due by 
September 1, 2014, the Non-Display Declaration Late Fee would apply to 
NYSE Arca Options market data recipients that have not submitted the 
Non-Display Use Declaration by June 30, 2015, and would apply beginning 
July 1, 2015 and for each month thereafter until the data recipient has 
completed and submitted the Non-Display Use Declaration. With respect 
to the annual Non-Display Use Declaration due by January 31st of each 
year beginning in 2016, the Non-Display Declaration Late Fee would 
apply to data recipients that fail to complete and submit the annual 
Non-Display Use Declaration by the January 31st due date, and would 
apply beginning February 1st and for each month thereafter until the 
data recipient has completed and submitted the annual Non-Display Use 
Declaration. A Non-Display Use Declaration that is clearly incomplete 
would not be considered to have been completed and submitted to the 
Exchange on time.
    In addition to adding the Non-Display Declaration Late Fee for NYSE 
Arca Options market data to the Fee Schedule, the Exchange proposes to 
add an endnote to the Fee Schedule that would specify the effective 
dates for the Non-Display Declaration Late Fee as described above.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with the provisions of Section 6 of the Act,\7\ in general, and 
Sections 6(b)(4) and 6(b)(5) of the Act,\8\ in particular, in that it 
provides an equitable allocation of reasonable fees among users and 
recipients of the data and is not designed to permit unfair 
discrimination among customers, issuers, and brokers.
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    \7\ 15 U.S.C. 78f(b).
    \8\ 15 U.S.C. 78f(b)(4), (5).
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    The Exchange believes that it is reasonable to impose a late fee in 
connection with the submission of the Non-Display Use Declaration. In 
order to correctly assess fees for the non-display use of NYSE Arca 
Options market data, the Exchange needs to have current and accurate 
information about the use of NYSE Arca Options market data. The failure 
of data recipients to submit the Non-Display Use Declaration on time 
leads to potentially incorrect billing and administrative burdens, 
including tracking and obtaining late Non-Display Use Declarations and 
correcting and following up on payments owed in connection with late 
Non-Display Use Declarations. The purpose of the late fee is to incent 
data recipients to submit the Non-Display Use Declaration promptly to 
avoid the administrative burdens associated with the late submission of 
Non-Display Use Declarations. The Non-Display Declaration Late Fee is 
equitable and not unfairly discriminatory because it will apply to all 
data recipients that choose to subscribe to the NYSE Arca Options 
market data feeds.
    The Non-Display Declaration Late Fee is also consistent with 
similar pricing adopted in 2013 by the Consolidated Tape Association 
(``CTA'').\9\ The CTA imposes a monthly fee of $2,500 for each of 
Network A and Network B for firms that fail to comply with their 
reporting obligations in a timely manner.
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    \9\ See Securities Exchange Act Release No. 70010 (July 19, 
2013), 78 FR 44984 (July 25, 2013) (SR-CTA/CQ-2013-04).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will 
impose any burden on competition that is not necessary or appropriate 
in furtherance of the purposes of the Act. An exchange's ability to 
price its proprietary market data feed products is constrained by 
actual competition for the sale of proprietary market data products, 
the joint product nature of exchange platforms, and the existence of 
alternatives to the Exchange's proprietary data. In addition to being 
able to choose which proprietary data products (if any) to use and how 
to use them, a user can avoid the late fees that are the subject of 
this filing entirely by simply complying with the requisite deadlines.
    In setting the proposed fees, the Exchange considered the 
competitiveness of the market for proprietary data and all of the 
implications of that competition. The Exchange believes that it has 
considered all relevant factors and has not considered irrelevant 
factors in order to establish fair, reasonable, and not unreasonably 
discriminatory fees and an equitable allocation of fees among all 
users. The existence of fierce

[[Page 26966]]

competition to sell proprietary data products and for order flow, as 
well as numerous alternatives to the Exchange's products, including 
proprietary data from other sources, ensures that the Exchange cannot 
set unreasonable fees, or fees that are unreasonably discriminatory, 
when vendors and subscribers can elect these alternatives or choose not 
to purchase a specific proprietary data product if the attendant fees 
are not justified by the returns that any particular vendor or data 
recipient would achieve through the purchase (the returns on use being 
a particularly important aspect of non-display uses of proprietary 
data).

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    No written comments were solicited or received with respect to the 
proposed rule change.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    The foregoing rule change is effective upon filing pursuant to 
Section 19(b)(3)(A) \10\ of the Act and subparagraph (f)(2) of Rule 
19b-4 \11\ thereunder, because it establishes a due, fee, or other 
charge imposed by the Exchange.
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    \10\ 15 U.S.C. 78s(b)(3)(A).
    \11\ 17 CFR 240.19b-4(f)(2).
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    At any time within 60 days of the filing of such proposed rule 
change, the Commission summarily may temporarily suspend such rule 
change if it appears to the Commission that such action is necessary or 
appropriate in the public interest, for the protection of investors, or 
otherwise in furtherance of the purposes of the Act. If the Commission 
takes such action, the Commission shall institute proceedings under 
Section 19(b)(2)(B) \12\ of the Act to determine whether the proposed 
rule change should be approved or disapproved.
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    \12\ 15 U.S.C. 78s(b)(2)(B).
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IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the proposed rule 
change is consistent with the Act. Comments may be submitted by any of 
the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include 
File Number SR-NYSEARCA-2015-37 on the subject line.

Paper Comments

     Send paper comments in triplicate to Brent J. Fields, 
Secretary, Securities and Exchange Commission, 100 F Street NE., 
Washington, DC 20549-1090.

All submissions should refer to File Number SR-NYSEARCA-2015-37. This 
file number should be included on the subject line if email is used. To 
help the Commission process and review your comments more efficiently, 
please use only one method. The Commission will post all comments on 
the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all 
written statements with respect to the proposed rule change that are 
filed with the Commission, and all written communications relating to 
the proposed rule change between the Commission and any person, other 
than those that may be withheld from the public in accordance with the 
provisions of 5 U.S.C. 552, will be available for Web site viewing and 
printing in the Commission's Public Reference Room, 100 F Street NE., 
Washington, DC 20549 on official business days between the hours of 
10:00 a.m. and 3:00 p.m. Copies of the filing will also be available 
for inspection and copying at the NYSE's principal office and on its 
Internet Web site at www.nyse.com. All comments received will be posted 
without change; the Commission does not edit personal identifying 
information from submissions. You should submit only information that 
you wish to make available publicly. All submissions should refer to 
File Number SR-NYSEARCA-2015-37 and should be submitted on or before 
June 1, 2015.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\13\
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    \13\ 17 CFR 200.30-3(a)(12).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-11276 Filed 5-8-15; 8:45 am]
 BILLING CODE 8011-01-P
26964 Federal Register / Vol. 80, No. 90 / Monday, May 11, 2015 / Notices

C. Self-Regulatory Organization’s rules/sro.shtml). Copies of the III below, which Items have been
Statement on Comments on the submission, all subsequent prepared by the self-regulatory
Proposed Rule Change Received From amendments, all written statements organization. The Commission is
Members, Participants, or Others with respect to the proposed rule publishing this notice to solicit
No written comments were solicited change that are filed with the comments on the proposed rule change
or received with respect to the proposed Commission, and all written from interested persons.
rule change. communications relating to the
I. Self-Regulatory Organization’s
proposed rule change between the
III. Date of Effectiveness of the Statement of the Terms of Substance of
Commission and any person, other than
Proposed Rule Change and Timing for the Proposed Rule Change
those that may be withheld from the
Commission Action public in accordance with the The Exchange proposes to amend the
The foregoing rule change is effective provisions of 5 U.S.C. 552, will be fees for NYSE Arca Options market data
available for Web site viewing and to add a late fee in connection with
upon filing pursuant to Section
printing in the Commission’s Public failure to submit the non-display use
19(b)(3)(A) 11 of the Act and
Reference Room, 100 F Street NE., declaration, operative on May 1, 2015.
subparagraph (f)(2) of Rule 19b–4 12
Washington, DC 20549 on official The text of the proposed rule change is
thereunder, because it establishes a due,
business days between the hours of available on the Exchange’s Web site at
fee, or other charge imposed by the
10:00 a.m. and 3:00 p.m. Copies of the www.nyse.com, at the principal office of
Exchange.
At any time within 60 days of the filing will also be available for the Exchange, and at the Commission’s
filing of such proposed rule change, the inspection and copying at the NYSE’s Public Reference Room.
Commission summarily may principal office and on its Internet Web II. Self-Regulatory Organization’s
temporarily suspend such rule change if site at www.nyse.com. All comments Statement of the Purpose of, and
it appears to the Commission that such received will be posted without change; Statutory Basis for, the Proposed Rule
action is necessary or appropriate in the the Commission does not edit personal Change
public interest, for the protection of identifying information from
submissions. You should submit only In its filing with the Commission, the
investors, or otherwise in furtherance of self-regulatory organization included
the purposes of the Act. If the information that you wish to make
available publicly. All submissions statements concerning the purpose of,
Commission takes such action, the and basis for, the proposed rule change
Commission shall institute proceedings should refer to File Number SR–NYSE–
2015–20 and should be submitted on or and discussed any comments it received
under Section 19(b)(2)(B) 13 of the Act to on the proposed rule change. The text
determine whether the proposed rule before June 1, 2015.
of those statements may be examined at
change should be approved or For the Commission, by the Division of
Trading and Markets, pursuant to delegated the places specified in Item IV below.
disapproved. The Exchange has prepared summaries,
authority.14
IV. Solicitation of Comments Jill M. Peterson, set forth in sections A, B, and C below,
Interested persons are invited to Assistant Secretary.
of the most significant parts of such
submit written data, views, and statements.
[FR Doc. 2015–11270 Filed 5–8–15; 8:45 am]
arguments concerning the foregoing, BILLING CODE 8011–01–P A. Self-Regulatory Organization’s
including whether the proposed rule Statement of the Purpose of, and the
change is consistent with the Act. Statutory Basis for, the Proposed Rule
Comments may be submitted by any of SECURITIES AND EXCHANGE Change
the following methods: COMMISSION
1. Purpose
Electronic Comments [Release No. 34–74877; File No. SR–
NYSEARCA–2015–37]
The Exchange proposes to amend the
• Use the Commission’s Internet fees for NYSE Arca Options market data,
comment form (http://www.sec.gov/ Self-Regulatory Organizations; NYSE as set forth on the NYSE Arca Options
rules/sro.shtml); or Arca, Inc.; Notice of Filing and Proprietary Market Data Fee Schedule
• Send an email to rule-comments@ Immediate Effectiveness of Proposed (‘‘Fee Schedule’’), to add a late fee in
sec.gov. Please include File Number SR– Rule Change Amending the Fees for connection with failure to submit an
NYSE–2015–20 on the subject line. NYSE Arca Options Market Data To updated non-display use declaration.
Paper Comments Add a Late Fee in Connection With The proposed change to the Fee
Failure To Submit the Non-Display Use Schedule would be operative on May 1,
• Send paper comments in triplicate Declaration 2015.
to Brent J. Fields, Secretary, Securities The Exchange established the current
and Exchange Commission, 100 F Street May 5, 2015. fees for non-display services for
NE., Washington, DC 20549–1090. Pursuant to Section 19(b)(1) 1 of the ArcaBook for Arca Options, which
All submissions should refer to File Securities Exchange Act of 1934 (the consists of ArcaBook for Arca Options—
Number SR–NYSE–2015–20. This file ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 Trades, ArcaBook for Arca Options—
number should be included on the notice is hereby given that, on April 27, Top of Book, ArcaBook for Arca
subject line if email is used. To help the 2015, NYSE Arca, Inc. (the ‘‘Exchange’’ Options—Depth of Book, ArcaBook for
Commission process and review your or ‘‘NYSE Arca’’) filed with the Arca Options—Complex, ArcaBook for
comments more efficiently, please use Securities and Exchange Commission Arca Options—Series Status, and
tkelley on DSK3SPTVN1PROD with NOTICES

only one method. The Commission will (the ‘‘Commission’’) the proposed rule ArcaBook for Arca Options—Order
post all comments on the Commission’s change as described in Items I, II, and Imbalance, in May 2013 and amended
Internet Web site (http://www.sec.gov/ those fees in September 2014.4 In
14 17 CFR 200.30–3(a)(12).
11 15 U.S.C. 78s(b)(3)(A). 1 15 U.S.C.78s(b)(1). 4 See Securities Exchange Act Release Nos. 69554
12 17 CFR 240.19b–4(f)(2). 2 15 U.S.C. 78a.
(May 10, 2013), 78 FR 28917 (May 16, 2013) (SR–
13 15 U.S.C. 78s(b)(2)(B). 3 17 CFR 240.19b–4. NYSEArca–2013–47) (‘‘2013 Non-Display Filing’’)

VerDate Sep<11>2014 17:00 May 08, 2015 Jkt 235001 PO 00000 Frm 00076 Fmt 4703 Sfmt 4703 E:\FR\FM\11MYN1.SGM 11MYN1
26966 Federal Register / Vol. 80, No. 90 / Monday, May 11, 2015 / Notices

competition to sell proprietary data • Send an email to rule- the Securities and Exchange
products and for order flow, as well as comments@sec.gov. Please include File Commission Equity Market Structure
numerous alternatives to the Exchange’s Number SR–NYSEARCA–2015–37 on Advisory Committee will hold a public
products, including proprietary data the subject line. meeting on Wednesday, May 13, 2015,
from other sources, ensures that the in the Multipurpose Room, LL–006 at
Paper Comments
Exchange cannot set unreasonable fees, the Commission’s headquarters, 100 F
or fees that are unreasonably • Send paper comments in triplicate Street NE., Washington, DC.
discriminatory, when vendors and to Brent J. Fields, Secretary, Securities The meeting will begin at 9:30 a.m.
subscribers can elect these alternatives and Exchange Commission, 100 F Street (EDT) and will be open to the public.
or choose not to purchase a specific NE., Washington, DC 20549–1090. Seating will be on a first-come, first-
proprietary data product if the attendant All submissions should refer to File served basis. Doors will be open at 9:00
fees are not justified by the returns that Number SR–NYSEARCA–2015–37. This a.m. Visitors will be subject to security
any particular vendor or data recipient file number should be included on the checks. The meeting will be webcast on
would achieve through the purchase subject line if email is used. To help the the Commission’s Web site at
(the returns on use being a particularly Commission process and review your www.sec.gov.
important aspect of non-display uses of comments more efficiently, please use On April 23, 2015, the Commission
proprietary data). only one method. The Commission will published notice of the Committee
post all comments on the Commission’s meeting (Release No. 34–74793),
C. Self-Regulatory Organization’s Internet Web site (http://www.sec.gov/ indicating that the meeting is open to
Statement on Comments on the rules/sro.shtml). Copies of the the public and inviting the public to
Proposed Rule Change Received From submission, all subsequent submit written comments to the
Members, Participants, or Others amendments, all written statements Committee. This Sunshine Act notice is
No written comments were solicited with respect to the proposed rule being issued because a majority of the
or received with respect to the proposed change that are filed with the Commission may attend the meeting.
rule change. Commission, and all written The agenda for the meeting will focus
communications relating to the on Rule 611 of SEC Regulation NMS.
III. Date of Effectiveness of the proposed rule change between the For further information, please
Proposed Rule Change and Timing for Commission and any person, other than contact the Office of the Secretary at
Commission Action those that may be withheld from the (202) 551–5400.
The foregoing rule change is effective public in accordance with the Dated: May 6, 2015.
upon filing pursuant to Section provisions of 5 U.S.C. 552, will be Brent J. Fields,
19(b)(3)(A) 10 of the Act and available for Web site viewing and Secretary.
subparagraph (f)(2) of Rule 19b–4 11 printing in the Commission’s Public [FR Doc. 2015–11365 Filed 5–7–15; 11:15 am]
thereunder, because it establishes a due, Reference Room, 100 F Street NE., BILLING CODE 8011–01–P
fee, or other charge imposed by the Washington, DC 20549 on official
Exchange. business days between the hours of
At any time within 60 days of the 10:00 a.m. and 3:00 p.m. Copies of the SECURITIES AND EXCHANGE
filing of such proposed rule change, the filing will also be available for COMMISSION
Commission summarily may inspection and copying at the NYSE’s
temporarily suspend such rule change if [Release No. 34–74876; File No. SR–BOX–
principal office and on its Internet Web 2015–06]
it appears to the Commission that such site at www.nyse.com. All comments
action is necessary or appropriate in the received will be posted without change; Self-Regulatory Organizations; BOX
public interest, for the protection of the Commission does not edit personal Options Exchange LLC; Notice of
investors, or otherwise in furtherance of identifying information from Filing of Amendment No. 1 and Order
the purposes of the Act. If the submissions. You should submit only Granting Accelerated Approval of a
Commission takes such action, the information that you wish to make Proposed Rule Change To Establish a
Commission shall institute proceedings available publicly. All submissions Pilot Program, as Modified by
under Section 19(b)(2)(B) 12 of the Act to should refer to File Number SR– Amendment No. 1, To List and Trade
determine whether the proposed rule NYSEARCA–2015–37 and should be Options Settling to the RealVolTM SPY
change should be approved or submitted on or before June 1, 2015. Index
disapproved. For the Commission, by the Division of
Trading and Markets, pursuant to delegated May 5, 2015.
IV. Solicitation of Comments
authority.13 I. Introduction
Interested persons are invited to Jill M. Peterson,
submit written data, views, and On January 21, 2015, the BOX
Assistant Secretary. Options Exchange LLC (the ‘‘Exchange’’)
arguments concerning the foregoing,
[FR Doc. 2015–11276 Filed 5–8–15; 8:45 am] filed with the Securities and Exchange
including whether the proposed rule
change is consistent with the Act. BILLING CODE 8011–01–P Commission (‘‘Commission’’), pursuant
Comments may be submitted by any of to Section 19(b)(1) of the Securities
the following methods: Exchange Act of 1934 (‘‘Act’’) 1 and Rule
SECURITIES AND EXCHANGE 19b–4 thereunder,2 a proposed rule
Electronic Comments COMMISSION change to list and trade P.M.-settled
tkelley on DSK3SPTVN1PROD with NOTICES

• Use the Commission’s Internet Sunshine Act Meeting options settling to the RealVolTM SPY
comment form (http://www.sec.gov/ Index (‘‘Index’’). The proposed rule
rules/sro.shtml); or Notice is hereby given, pursuant to change was published for comment in
the provisions of the Government in the the Federal Register on February 5,
10 15 U.S.C. 78s(b)(3)(A). Sunshine Act, Public Law 94–409, that
11 17 CFR 240.19b–4(f)(2). 1 15 U.S.C. 78s(b)(1).
12 15 U.S.C. 78s(b)(2)(B). 13 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4.

VerDate Sep<11>2014 17:00 May 08, 2015 Jkt 235001 PO 00000 Frm 00078 Fmt 4703 Sfmt 4703 E:\FR\FM\11MYN1.SGM 11MYN1
Document Created: 2018-02-21 10:26:03
Document Modified: 2018-02-21 10:26:03
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 26964