80 FR 27210 - Self-Regulatory Organizations; NYSE MKT, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT BBO and NYSE MKT Trades 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)
Federal Register Volume 80, Issue 91 (May 12, 2015)
| Page Range | 27210-27212 | |
| FR Document | 2015-11373 |
[Federal Register Volume 80, Number 91 (Tuesday, May 12, 2015)] [Notices] [Pages 27210-27212] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-11373] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-74882; File No. SR-NYSEMKT-2015-36] Self-Regulatory Organizations; NYSE MKT, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT BBO and NYSE MKT Trades 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 27, 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. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 15 U.S.C. 78a. \3\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- 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 BBO and NYSE MKT Trades 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 BBO and NYSE MKT Trades, 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 BBO and NYSE MKT Trades 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 [[Page 27211]] the fee 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. --------------------------------------------------------------------------- \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. --------------------------------------------------------------------------- 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 BBO and NYSE MKT Trades, the Exchange needs to have current and accurate information about the use of NYSE MKT BBO and NYSE MKT Trades. 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 BBO and NYSE MKT Trades 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 BBO and NYSE MKT Trades 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. --------------------------------------------------------------------------- \7\ The Exchange has established the Non-Display Declaration Late Fee with respect to NYSE MKT OpenBook and in that filing adopted endnote 2, which specifies the effective dates for the Non- Display Declaration Late Fee as described above. See SR-NYSEMKT- 2015-34. --------------------------------------------------------------------------- 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. --------------------------------------------------------------------------- \8\ 15 U.S.C. 78f(b). \9\ 15 U.S.C. 78f(b)(4), (5). --------------------------------------------------------------------------- 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 BBO and NYSE MKT Trades, the Exchange needs to have current and accurate information about the use of NYSE MKT BBO and NYSE MKT Trades. 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 BBO and NYSE MKT Trades 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. --------------------------------------------------------------------------- \10\ See Securities Exchange Act Release No. 70010 (July 19, 2013), 78 FR 44984 (July 25, 2013)(SR-CTA/CQ-2013-04). --------------------------------------------------------------------------- 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 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 [[Page 27212]] 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. --------------------------------------------------------------------------- \11\ 15 U.S.C. 78s(b)(3)(A). \12\ 17 CFR 240.19b-4(f)(2). --------------------------------------------------------------------------- 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. --------------------------------------------------------------------------- \13\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- 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 CommentsUse 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-NYSEMKT-2015-36 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-2015-36. 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-2015-36 and should be submitted on or before June 2, 2015. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\14\ --------------------------------------------------------------------------- \14\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Robert W. Errett, Deputy Secretary. [FR Doc. 2015-11373 Filed 5-11-15; 8:45 am] BILLING CODE 8011-01-P
![27210 Federal Register / Vol. 80, No. 91 / Tuesday, May 12, 2015 / Notices
thereunder in that it effects a change proposed rule change between the I. Self-Regulatory Organization’s
that: (i) does not significantly affect the Commission and any person, other than Statement of the Terms of Substance of
protection of investors or the public those that may be withheld from the the Proposed Rule Change
interest; (ii) does not impose any public in accordance with the The Exchange proposes to amend the
significant burden on competition; and provisions of 5 U.S.C. 552, will be fees for NYSE MKT BBO and NYSE
(iii) by its terms, does not become available for Web site viewing and MKT Trades to add a late fee in
operative for 30 days after the date of printing in the Commission’s Public connection with failure to submit the
the filing, or such shorter time as the Reference Room, 100 F Street NE., non-display use declaration, operative
Commission may designate if consistent Washington, DC 20549, on official on May 1, 2015. The text of the
with the protection of investors and the business days between the hours of proposed rule change is available on the
public interest. 10:00 a.m. and 3:00 p.m. Copies of the Exchange’s Web site at www.nyse.com,
At any time within 60 days of the filing also will be available for at the principal office of the Exchange,
filing of the proposed rule change, the inspection and copying at the principal and at the Commission’s Public
Commission summarily may office of Nasdaq. All comments received Reference Room.
temporarily suspend such rule change if will be posted without change; the
it appears to the Commission that such Commission does not edit personal II. Self-Regulatory Organization’s
action is: (i) Necessary or appropriate in identifying information from Statement of the Purpose of, and
the public interest; (ii) for the protection submissions. You should submit only Statutory Basis for, the Proposed Rule
of investors; or (iii) otherwise in information that you wish to make Change
furtherance of the purposes of the Act. available publicly. All submissions In its filing with the Commission, the
If the Commission takes such action, the should refer to File Number SR– self-regulatory organization included
Commission shall institute proceedings NASDAQ–2015–045 and should be statements concerning the purpose of,
to determine whether the proposed rule submitted on or before June 2, 2015. and basis for, the proposed rule change
should be approved or disapproved. and discussed any comments it received
For the Commission, by the Division of
IV. Solicitation of Comments Trading and Markets, pursuant to delegated on the proposed rule change. The text
authority.15 of those statements may be examined at
Interested persons are invited to
Robert W. Errett, the places specified in Item IV below.
submit written data, views, and
Deputy Secretary. The Exchange has prepared summaries,
arguments concerning the foregoing,
set forth in sections A, B, and C below,
including whether the proposed rule [FR Doc. 2015–11371 Filed 5–11–15; 8:45 am]
of the most significant parts of such
change is consistent with the Act. BILLING CODE 8011–01–P
statements.
Comments may be submitted by any of
the following methods: A. Self-Regulatory Organization’s
SECURITIES AND EXCHANGE Statement of the Purpose of, and the
Electronic Comments COMMISSION Statutory Basis for, the Proposed Rule
• Use the Commission’s Internet Change
comment form (http://www.sec.gov/ [Release No. 34–74882; File No. SR–
rules/sro.shtml); or 1. Purpose
NYSEMKT–2015–36]
• Send an email to rule-comments@ The Exchange proposes to amend the
sec.gov. Please include File Number SR– Self-Regulatory Organizations; NYSE fees for NYSE MKT BBO and NYSE
NASDAQ–2015–045 on the subject line. MKT, LLC; Notice of Filing and MKT Trades, as set forth on the NYSE
Paper Comments Immediate Effectiveness of Proposed MKT Equities Proprietary Market Data
Rule Change Amending the Fees for Fee Schedule (‘‘Fee Schedule’’), to add
• Send paper comments in triplicate NYSE MKT BBO and NYSE MKT a late fee in connection with failure to
to Brent J. Fields, Secretary, Securities Trades To Add a Late Fee In submit an updated non-display use
and Exchange Commission, Station Connection With Failure To Submit the declaration. The proposed change to the
Place, 100 F Street NE., Washington, DC Non-Display Use Declaration Fee Schedule would be operative on
20549–9303. May 1, 2015.
All submissions should refer to File May 6, 2015. The Exchange established the current
Number SR–NASDAQ–2015–045. This Pursuant to Section 19(b)(1) 1 of the fees for non-display services for NYSE
file number should be included on the Securities Exchange Act of 1934 (the MKT BBO and NYSE MKT Trades in
subject line if email is used. To help the ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 April 2013 and amended those fees in
Commission process and review your notice is hereby given that, on April 27, September 2014.4 The 2013 Non-
comments more efficiently, please use 2015, NYSE MKT LLC (the ‘‘Exchange’’ Display Filing established a requirement
only one method. The Commission will or ‘‘NYSE MKT’’) filed with the that data recipients that receive real-
post all comments on the Commission’s Securities and Exchange Commission time NYSE MKT market data subject to
Internet Web site http://www.sec.gov/ (the ‘‘Commission’’) the proposed rule Non-Display Use fees submit a
rules/sro.shtml. change as described in Items I, II, and declaration with respect to their use of
Copies of the submission, all III below, which Items have been non-display data.5 In connection with
subsequent amendments, all written prepared by the self-regulatory
statements with respect to the proposed organization. The Commission is
4 See Securities Exchange Act Release Nos. 69285
rule change that are filed with the (April 3, 2013), 78 FR 21172 (April 9, 2013) (SR–
mstockstill on DSK4VPTVN1PROD with NOTICES
publishing this notice to solicit NYSEMKT–2013–32)(‘‘2013 Non-Display Filing’’)
Commission, and all written comments on the proposed rule change and 72020 (Sept. 9, 2014), 79 FR 55040 (Sept. 15,
communications relating to the from interested persons. 2014) (SR–NYSEMKT–2014–72)(‘‘2014 Non-Display
Filing’’).
the proposed rule change at least five business days 15 17
5 The non-display fee structure established in the
prior to the date of filing of the proposed rule CFR 200.30–3(a)(12). 2013 Non-Display Filing replaced a monthly
1 15 U.S.C. 78s(b)(1).
change, or such shorter time as designated by the reporting obligation with respect to non-display
2 15 U.S.C. 78a.
Commission. The Exchange has satisfied this devices with the requirement to submit the non-
requirement. 3 17 CFR 240.19b–4. display use declaration. The Exchange also notes
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![27212 Federal Register / Vol. 80, No. 91 / Tuesday, May 12, 2015 / Notices
important aspect of non-display uses of only one method. The Commission will Securities and Exchange Commission
proprietary data). post all comments on the Commission’s (the ‘‘Commission’’) the proposed rule
Internet Web site (http://www.sec.gov/ change as described in Items I, II, and
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 The Exchange proposes to amend the
public in accordance with the
The foregoing rule change is effective provisions of 5 U.S.C. 552, will be fees for NYSE MKT Order Imbalances to
upon filing pursuant to Section available for Web site viewing and add a late fee in connection with failure
19(b)(3)(A) 11 of the Act and printing in the Commission’s Public to submit the non-display use
subparagraph (f)(2) of Rule 19b–4 12 Reference Room, 100 F Street NE., declaration, operative on May 1, 2015.
thereunder, because it establishes a due, Washington, DC 20549 on official The text of the proposed rule change is
fee, or other charge imposed by the business days between the hours of available on the Exchange’s Web site at
Exchange. 10:00 a.m. and 3:00 p.m. Copies of the www.nyse.com, at the principal office of
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
investors, or otherwise in furtherance of submissions. You should submit only In its filing with the Commission, the
the purposes of the Act. If the information that you wish to make self-regulatory organization included
Commission takes such action, the available publicly. All submissions statements concerning the purpose of,
Commission shall institute proceedings should refer to File Number SR– and basis for, the proposed rule change
under Section 19(b)(2)(B) 13 of the Act to NYSEMKT–2015–36 and should be and discussed any comments it received
determine whether the proposed rule submitted on or before June 2, 2015. on the proposed rule change. The text
change should be approved or of those statements may be examined at
For the Commission, by the Division of the places specified in Item IV below.
disapproved. Trading and Markets, pursuant to delegated
authority.14
The Exchange has prepared summaries,
IV. Solicitation of Comments set forth in sections A, B, and C below,
Robert W. Errett,
Interested persons are invited to of the most significant parts of such
Deputy Secretary. statements.
submit written data, views, and [FR Doc. 2015–11373 Filed 5–11–15; 8:45 am]
arguments concerning the foregoing, A. Self-Regulatory Organization’s
BILLING CODE 8011–01–P
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. 34–74884; File No. SR– The Exchange proposes to amend the
• Use the Commission’s Internet NYSEMKT–2015–35] fees for NYSE MKT Order Imbalances,
comment form (http://www.sec.gov/ as set forth on the NYSE MKT Equities
Self-Regulatory Organizations; NYSE
rules/sro.shtml); or Proprietary Market Data Fee Schedule
MKT LLC; Notice of Filing and
• Send an email to rule-comments@ (‘‘Fee Schedule’’), to add a late fee in
Immediate Effectiveness of Proposed
sec.gov. Please include File Number SR– connection with failure to submit an
Rule Change Amending the Fees for
NYSEMKT–2015–36 on the subject line. updated non-display use declaration.
NYSE MKT Order Imbalances to Add a
The proposed change to the Fee
Paper Comments Late Fee In Connection With Failure To
Schedule would be operative on May 1,
• Send paper comments in triplicate Submit the Non-Display Use
2015.
to Brent J. Fields, Secretary, Securities Declaration The Exchange established the current
and Exchange Commission, 100 F Street May 6, 2015. fees for non-display services for NYSE
NE., Washington, DC 20549–1090. Pursuant to section 19(b)(1) 1 of the MKT OpenBook, NYSE MKT Trades
All submissions should refer to File Securities Exchange Act of 1934 (the and NYSE MKT BBO in April 2013 and
Number SR–NYSEMKT–2015–36. This ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 amended those fees and added non-
mstockstill on DSK4VPTVN1PROD with NOTICES
file number should be included on the notice is hereby given that, on April 27, display fees for NYSE MKT Order
subject line if email is used. To help the 2015, NYSE MKT LLC (the ‘‘Exchange’’ Imbalances in September 2014.4 The
Commission process and review your or ‘‘NYSE MKT’’) filed with the
4 See Securities Exchange Act Release Nos. 69285
comments more efficiently, please use
14 17
(April 3, 2013), 78 FR 21172 (April 9, 2013) (SR–
CFR 200.30–3(a)(12). NYSEMKT–2013–32) (‘‘2013 Non-Display Filing’’)
11 15 U.S.C. 78s(b)(3)(A). 1 15 U.S.C. 78s(b)(1).
and 72020 (Sept. 9, 2014), 79 FR 55040 (Sept. 15,
12 17 CFR 240.19b–4(f)(2). 2 15 U.S.C. 78a.
2014) (SR–NYSEMKT–2014–72) (‘‘2014 Non-
13 15 U.S.C. 78s(b)(2)(B). 3 17 CFR 240.19b–4. Display Filing’’).
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Document Created: 2015-12-16 07:54:55
Document Modified: 2015-12-16 07:54:55
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 80 FR 27210 |
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