80 FR 27205 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT OpenBook 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 91 (May 12, 2015)

Page Range		27205-27207
FR Document		2015-11375

Federal Register, Volume 80 Issue 91 (Tuesday, May 12, 2015)

[Federal Register Volume 80, Number 91 (Tuesday, May 12, 2015)]
[Notices]
[Pages 27205-27207]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2015-11375]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-74885; File No. SR-NYSEMKT-2015-34]

Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and
Immediate Effectiveness of Proposed Rule Change Amending the Fees for
NYSE MKT OpenBook To Add a Late Fee In Connection With Failure To
Submit the Non-Display Use Declaration

May 6, 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 24, 2015, NYSE MKT LLC (the ``Exchange'' or ``NYSE
MKT'') 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 MKT OpenBook 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 MKT OpenBook, as
set forth on the NYSE MKT Equities 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 NYSE MKT OpenBook in April 2013 and amended those fees in September
2014.\4\ The 2013 Non-Display Filing established a requirement that
data recipients that receive real-time NYSE MKT market data subject to
Non-Display Use fees submit a declaration with respect to their use of
non-display data.\5\ In connection with the fee

[[Page 27206]]

changes in the 2014 Non-Display Filing, the Exchange required data
recipients that receive real-time NYSE MKT 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 MKT 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. 69285 (April 3,
2013), 78 FR 21172 (April 9, 2013) (SR-NYSEMKT-2013-32)(``2013 Non-
Display Filing'') and 72020 (Sept. 9, 2014), 79 FR 55040 (Sept. 15,
2014) (SR-NYSEMKT-2014-72)(``2014 Non-Display Filing'').
\5\ The non-display fee structure established in the 2013 Non-
Display Filing replaced a monthly reporting obligation with respect
to non-display devices with the requirement to submit the non-
display use declaration. The Exchange also notes that if a data
recipient only subscribes to products for which there are no non-
display usage fees, e.g., NYSE MKT Realtime Reference Prices, then
no declaration is required.
\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 MKT OpenBook, the
Exchange needs to have current and accurate information about the use
of NYSE MKT OpenBook. 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 MKT OpenBook 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 MKT OpenBook 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.\7\ A Non-Display Use Declaration that is clearly
incomplete would not be considered to have been completed and submitted
to the Exchange on time.
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\7\ The Exchange will be proposing to establish the Non-Display
Declaration Late Fee with respect to each Market Data product on the
Fee Schedule that includes Non-Display Fees.
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In addition to adding the Non-Display Declaration Late Fee for NYSE
MKT OpenBook 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, and to change
the numbering for the existing endnotes as needed.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of section 6 of the Act,\8\ in general, and
sections 6(b)(4) and 6(b)(5) of the Act,\9\ 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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\8\ 15 U.S.C. 78f(b).
\9\ 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 MKT
OpenBook, the Exchange needs to have current and accurate information
about the use of NYSE MKT OpenBook. 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 MKT OpenBook feed.
The Non-Display Declaration Late Fee is also consistent with
similar pricing adopted in 2013 by the Consolidated Tape Association
(``CTA'').\10\ 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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\10\ 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 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

[[Page 27207]]

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) \11\ of the Act and subparagraph (f)(2) of Rule
19b-4 \12\ thereunder, because it establishes a due, fee, or other
charge imposed by the Exchange.
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\11\ 15 U.S.C. 78s(b)(3)(A).
\12\ 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) \13\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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\13\ 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 rule-comments@sec.gov. Please include
File Number SR-NYSEMKT-2015-34 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-NYSEMKT-2015-34. 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-NYSEMKT-2015-34 and should be submitted on or before
June 2, 2015.
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\14\ 17 CFR 200.30-3(a)(12).

For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\14\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-11375 Filed 5-11-15; 8:45 am]
BILLING CODE 8011-01-P

Federal Register / Vol. 80, No. 91 / Tuesday, May 12, 2015 / Notices 27205

Dated: May 8, 2015. The Commission invites comments on comments on the proposed rule change
Catherine F.I. Andrade, whether the Postal Service’s filing is from interested persons.
OPIC Corporate Secretary. consistent with 39 U.S.C. 3632, 3633, or
I. Self-Regulatory Organization’s
[FR Doc. 2015–11541 Filed 5–8–15; 4:15 pm] 3642, 39 CFR part 3015, and 39 CFR
Statement of the Terms of Substance of
part 3020, subpart B. Comments are due
BILLING CODE 3210–01–P the Proposed Rule Change
no later than May 13, 2015. The public
portions of the filing can be accessed via The Exchange proposes to amend the
the Commission’s Web site (http:// fees for NYSE MKT OpenBook to add a
POSTAL REGULATORY COMMISSION late fee in connection with failure to
www.prc.gov).
[Docket No. CP2015–63; Order No. 2471] The Commission appoints James F. submit the non-display use declaration,
Callow to serve as Public Representative operative on May 1, 2015. The text of
New Postal Product in this docket. the proposed rule change is available on
the Exchange’s Web site at
AGENCY: Postal Regulatory Commission. III. Ordering Paragraphs www.nyse.com, at the principal office of
ACTION: Notice. It is ordered: the Exchange, and at the Commission’s
1. The Commission establishes Docket Public Reference Room.
SUMMARY: The Commission is noticing a
No. CP2015–63 for consideration of the II. Self-Regulatory Organization’s
recent Postal Service filing concerning
matters raised by the Postal Service’s Statement of the Purpose of, and
an addition to Global Expedited Package
Notice. Statutory Basis for, the Proposed Rule
Services 3 negotiated service agreement.
2. Pursuant to 39 U.S.C. 505, James F. Change
This notice informs the public of the
Callow is appointed to serve as an
filing, invites public comment, and In its filing with the Commission, the
officer of the Commission to represent
takes other administrative steps. self-regulatory organization included
the interests of the general public in this
DATES: Comments are due: May 13, proceeding (Public Representative). statements concerning the purpose of,
2015. 3. Comments are due no later than and basis for, the proposed rule change
ADDRESSES: Submit comments May 13, 2015. and discussed any comments it received
electronically via the Commission’s 4. The Secretary shall arrange for on the proposed rule change. The text
Filing Online system at http:// publication of this order in the Federal of those statements may be examined at
www.prc.gov. Those who cannot submit Register. the places specified in Item IV below.
comments electronically should contact The Exchange has prepared summaries,
By the Commission.
the person identified in the FOR FURTHER set forth in sections A, B, and C below,
Shoshana M. Grove, of the most significant parts of such
INFORMATION CONTACT section by
Secretary. statements.
telephone for advice on filing
[FR Doc. 2015–11367 Filed 5–11–15; 8:45 am]
alternatives. A. Self-Regulatory Organization’s
BILLING CODE 7710–FW–P
FOR FURTHER INFORMATION CONTACT: Statement of the Purpose of, and the
David A. Trissell, General Counsel, at Statutory Basis for, the Proposed Rule
202–789–6820. Change
SECURITIES AND EXCHANGE
SUPPLEMENTARY INFORMATION: COMMISSION 1. Purpose
Table of Contents [Release No. 34–74885; File No. SR– The Exchange proposes to amend the
NYSEMKT–2015–34] fees for NYSE MKT OpenBook, as set
I. Introduction
forth on the NYSE MKT Equities
II. Notice of Commission Action
Self-Regulatory Organizations; NYSE Proprietary Market Data Fee Schedule
III. Ordering Paragraphs
MKT LLC; Notice of Filing and (‘‘Fee Schedule’’), to add a late fee in
I. Introduction Immediate Effectiveness of Proposed connection with failure to submit an
On May 5, 2015, the Postal Service Rule Change Amending the Fees for updated non-display use declaration.
filed notice that it has entered into an NYSE MKT OpenBook To Add a Late The proposed change to the Fee
additional Global Expedited Package Fee In Connection With Failure To Schedule would be operative on May 1,
Services 3 (GEPS 3) negotiated service Submit the Non-Display Use 2015.
agreement (Agreement).1 Declaration The Exchange established the current
To support its Notice, the Postal fees for non-display services for NYSE
May 6, 2015.
Service filed a copy of the Agreement, MKT OpenBook in April 2013 and
Pursuant to section 19(b)(1) 1 of the amended those fees in September 2014.4
a copy of the Governors’ Decision Securities Exchange Act of 1934 (the
authorizing the product, a certification The 2013 Non-Display Filing
‘‘Act’’) 2 and Rule 19b–4 thereunder,3 established a requirement that data
of compliance with 39 U.S.C. 3633(a), notice is hereby given that, on April 24,
and an application for non-public recipients that receive real-time NYSE
2015, NYSE MKT LLC (the ‘‘Exchange’’ MKT market data subject to Non-
treatment of certain materials. It also or ‘‘NYSE MKT’’) filed with the
filed supporting financial workpapers. Display Use fees submit a declaration
Securities and Exchange Commission with respect to their use of non-display
II. Notice of Commission Action (the ‘‘Commission’’) the proposed rule data.5 In connection with the fee
change as described in Items I, II, and
The Commission establishes Docket
mstockstill on DSK4VPTVN1PROD with NOTICES

III below, which Items have been 4 See Securities Exchange Act Release Nos. 69285
No. CP2015–63 for consideration of prepared by the self-regulatory (April 3, 2013), 78 FR 21172 (April 9, 2013) (SR–
matters raised by the Notice. organization. The Commission is NYSEMKT–2013–32)(‘‘2013 Non-Display Filing’’)
and 72020 (Sept. 9, 2014), 79 FR 55040 (Sept. 15,
1 Notice of United States Postal Service of Filing
publishing this notice to solicit 2014) (SR–NYSEMKT–2014–72)(‘‘2014 Non-Display
a Functionally Equivalent Global Expedited Filing’’).
1 15 U.S.C.78s(b)(1).
Package Services 3 Negotiated Service Agreement 5 The non-display fee structure established in the
2 15 U.S.C. 78a.
and Application for Non-Public Treatment of 2013 Non-Display Filing replaced a monthly
Materials Filed Under Seal, May 5, 2015 (Notice). 3 17 CFR 240.19b–4. Continued

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Federal Register / Vol. 80, No. 91 / Tuesday, May 12, 2015 / Notices 27207

or choose not to purchase a specific All submissions should refer to File (‘‘Act’’),1 and Rule 19b–4 thereunder,2
proprietary data product if the attendant Number SR–NYSEMKT–2015–34. This notice is hereby given that on April 24,
fees are not justified by the returns that file number should be included on the 2015, The NASDAQ Stock Market LLC
any particular vendor or data recipient subject line if email is used. To help the (‘‘Nasdaq’’ or the ‘‘Exchange’’) filed with
would achieve through the purchase Commission process and review your the Securities and Exchange
(the returns on use being a particularly comments more efficiently, please use Commission (‘‘Commission’’) the
important aspect of non-display uses of only one method. The Commission will proposed rule change as described in in
proprietary data). post all comments on the Commission’s Items I, II, and III below, which Items
Internet Web site (http://www.sec.gov/ have been prepared by Nasdaq. The
C. Self-Regulatory Organization’s Exchange has designated the proposed
rules/sro.shtml). Copies of the
Statement on Comments on the rule change as constituting a non-
submission, all subsequent
Proposed Rule Change Received From controversial rule change under Rule
amendments, all written statements
Members, Participants, or Others 19b–4(f)(6) under the Act,3 which
with respect to the proposed rule
No written comments were solicited change that are filed with the renders the proposal effective upon
or received with respect to the proposed Commission, and all written filing with the Commission. The
rule change. communications relating to the Commission is publishing this notice to
proposed rule change between the solicit comments on the proposed rule
III. Date of Effectiveness of the change from interested persons.
Proposed Rule Change and Timing for Commission and any person, other than
Commission Action those that may be withheld from the I. Self-Regulatory Organization’s
public in accordance with the Statement of the Terms of Substance of
The foregoing rule change is effective provisions of 5 U.S.C. 552, will be the Proposed Rule Change
upon filing pursuant to section available for Web site viewing and
19(b)(3)(A) 11 of the Act and printing in the Commission’s Public Nasdaq proposes a rule change with
subparagraph (f)(2) of Rule 19b–4 12 Reference Room, 100 F Street NE., respect to the First Trust Low Beta
thereunder, because it establishes a due, Washington, DC 20549 on official Income ETF (the ‘‘Fund’’) of First Trust
fee, or other charge imposed by the business days between the hours of Exchange-Traded Fund VI (the ‘‘Trust’’),
Exchange. 10:00 a.m. and 3:00 p.m. Copies of the the shares of which have been approved
At any time within 60 days of the filing will also be available for by the Commission for listing and
filing of such proposed rule change, the inspection and copying at the NYSE’s trading under NASDAQ Rule 5735
Commission summarily may (‘‘Managed Fund Shares’’). The shares of
principal office and on its Internet Web
temporarily suspend such rule change if the Fund are collectively referred to
site at www.nyse.com. All comments
it appears to the Commission that such herein as the ‘‘Shares.’’
received will be posted without change; The text of the proposed rule change
action is necessary or appropriate in the the Commission does not edit personal
public interest, for the protection of is available at http://
identifying information from nasdaq.cchwallstreet.com/, at Nasdaq’s
investors, or otherwise in furtherance of submissions. You should submit only
the purposes of the Act. If the principal office, and at the
information that you wish to make Commission’s Public Reference Room.
Commission takes such action, the available publicly. All submissions
Commission shall institute proceedings should refer to File Number SR– II. Self-Regulatory Organization’s
under section 19(b)(2)(B) 13 of the Act to NYSEMKT–2015–34 and should be Statement of the Purpose of, and
determine whether the proposed rule submitted on or before June 2, 2015. Statutory Basis for, the Proposed Rule
change should be approved or Change
For the Commission, by the Division of
disapproved. Trading and Markets, pursuant to delegated In its filing with the Commission,
IV. Solicitation of Comments authority.14 Nasdaq included statements concerning
Robert W. Errett, the purpose of, and basis for, the
Interested persons are invited to
Deputy Secretary. proposed rule change. The text of these
submit written data, views, and
[FR Doc. 2015–11375 Filed 5–11–15; 8:45 am] statements may be examined at the
arguments concerning the foregoing,
places specified in Item IV below.
including whether the proposed rule BILLING CODE 8011–01–P
Nasdaq has prepared summaries, set
change is consistent with the Act.
forth in Sections A, B, and C below, of
Comments may be submitted by any of
SECURITIES AND EXCHANGE the most significant aspects of such
the following methods:
COMMISSION statements.
Electronic Comments A. Self-Regulatory Organization’s
[Release No. 34–74880; File No. SR–
• Use the Commission’s Internet NASDAQ–2015–045] Statement of the Purpose of, and
comment form (http://www.sec.gov/ Statutory Basis for, the Proposed Rule
rules/sro.shtml); or Self-Regulatory Organizations; The Change
• Send an email to rule-comments@ NASDAQ Stock Market, LLC; Notice of
Filing and Immediate Effectiveness of 1. Purpose
sec.gov. Please include File Number SR–
NYSEMKT–2015–34 on the subject line. Proposed Rule Change Relating to the The Exchange proposes to reflect
Listing and Trading of the Shares of changes to the means of achieving the
Paper Comments the First Trust Low Beta Income ETF, Fund’s investment objective. The
mstockstill on DSK4VPTVN1PROD with NOTICES

• Send paper comments in triplicate a Series of First Trust Exchange- Commission has approved the listing
to Brent J. Fields, Secretary, Securities Traded Fund VI and trading of Shares under NASDAQ
and Exchange Commission, 100 F Street Rule 5735, which governs the listing
NE., Washington, DC 20549–1090. May 6, 2015. and trading of Managed Fund Shares on
Pursuant to Section 19(b)(1) of the
11 15 U.S.C. 78s(b)(3)(A). Securities Exchange Act of 1934 1 15 U.S.C. 78s(b)(1).
12 17 CFR 240.19b–4(f)(2). 2 17 CFR 240.19b–4.
13 15 U.S.C. 78s(b)(2)(B). 14 17 CFR 200.30–3(a)(12). 3 17 CFR 240.19b–4(f)(6).

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Document Created: 2015-12-16 07:55:46
Document Modified: 2015-12-16 07:55:46

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 27205