80_FR_52236 80 FR 52070 - Self-Regulatory Organizations; CBOE Futures Exchange, LLC; Notice of Proposed Rule Change Regarding Reportable Position and Ownership and Control Reporting Clarifications

80 FR 52070 - Self-Regulatory Organizations; CBOE Futures Exchange, LLC; Notice of Proposed Rule Change Regarding Reportable Position and Ownership and Control Reporting Clarifications

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 166 (August 27, 2015)

Page Range52070-52071
FR Document2015-21209

Federal Register, Volume 80 Issue 166 (Thursday, August 27, 2015)
[Federal Register Volume 80, Number 166 (Thursday, August 27, 2015)]
[Notices]
[Pages 52070-52071]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-21209]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75748; File No. SR-CFE-2015-006]


Self-Regulatory Organizations; CBOE Futures Exchange, LLC; Notice 
of Proposed Rule Change Regarding Reportable Position and Ownership and 
Control Reporting Clarifications

August 21, 2015.
    Pursuant to Section 19(b)(7) of the Securities Exchange Act of 1934 
(``Act''),\1\ notice is hereby given that on August 14, 2015 CBOE 
Futures Exchange, LLC (``CFE'' or ``Exchange'') filed with the 
Securities and Exchange Commission (``SEC'' or ``Commission'') the 
proposed rule change described in Items I, II, and III below, which 
Items have been prepared by CFE. The Commission is publishing this 
notice to solicit comments on the proposed rule change from interested 
persons. CFE also has filed this proposed rule change with the 
Commodity Futures Trading Commission (``CFTC''). CFE filed a written 
certification with the CFTC under Section 5c(c) of the Commodity 
Exchange Act (``CEA'') \2\ on August 14, 2015.
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    \1\ 15 U.S.C. 78s(b)(7).
    \2\ 7 U.S.C. 7a-2(c).
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I. Self-Regulatory Organization's Description of the Proposed Rule 
Change

    The Exchange proposes to amend CFE rules to clarify the application 
of CFE requirements relating to reportable positions and ownership and 
control reports. The scope of this filing is limited solely to the 
application of the rule amendments to security futures traded on CFE. 
The only security futures that have been traded on CFE were traded 
under Chapter 16 of CFE's Rulebook which is applicable to Individual 
Stock Based and Exchange-Traded Fund Based Volatility Index security 
futures. CFE does not currently list any security futures for trading. 
The text of the proposed rule change is attached as Exhibit 4 to the 
filing but is not attached to the publication of this notice.

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

    In its filing with the Commission, CFE 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 these statements may be examined at the places specified in 
Item IV below. CFE has prepared summaries, set forth in Sections A, B, 
and C below, of the most significant aspects of such statements.

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

1. Purpose
    CFE submitted CFE Rule Certification Submission Number CFE-2015-003 
(``CFE-2015-003'') to the CFTC and CFE Rule Filing Number SR-CFE-2015-
001 (``SR-CFE-2015-001'') \3\ to the Commission on January 28, 2015 
(collectively, the ``Prior Filings'') to amend CFE Rule 412B (Ownership 
and Control Reports) to require CFE Trading Privilege Holders 
(``TPHs'') and non-TPHs to concurrently file with the Exchange 
submissions relating to CFE contracts that are required to be filed 
with the CFTC pursuant to the Final Rule adopted by the CFTC under the 
caption Ownership and Control Reports (``OCR Rule'').\4\ In particular, 
the Prior Filings amended Rule 412B to require each TPH and non-TPH to 
file concurrently with the Exchange the new CFTC Forms 102A, 102B, and 
71 (including any attachments, related submissions, or related 
information) relating to CFE contracts that each TPH or non-TPH is 
required to report to the CFTC under the OCR Rule. In addition, CFE-
2015-003 amended Rule 412B to require each TPH that is not a Clearing 
Member to report to the Exchange the same information regarding the 
identification and reporting of special accounts relating to CFE 
contracts that the OCR Rule requires each TPH that is a Clearing Member 
to report to the CFTC. CFE-2015-003 provided that these changes would 
become effective on or after February 11, 2015, on a date to be 
announced by the Exchange through the issuance of a circular. The 
Exchange has not yet made these changes effective and intends to do so 
consistent with the compliance dates under the OCR Rule as provided for 
by the CFTC.\5\
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    \3\ See Securities Exchange Act Release No. 74204 (February 4, 
2015), 80 FR 7518 (February 10, 2015).
    \4\ See CFTC RIN 3038-AD31, Ownership and Control Reports, Forms 
102/102S, 40/40S, and 71, Final Rule, 78 FR 69178 (November 18, 
2013).
    \5\ See CFTC No-Action Letter No. 15-03 (February 10, 2015) 
(which provided conditional time-limited no-action relief to extend 
certain compliance dates under the OCR Rule).
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    The purpose of the proposed rule change is to make some clarifying 
changes with respect to the rule amendments included in the Prior 
Filings.
    First, CFE proposes to further amend Rule 412B to make clear that 
TPHs and non-TPHs will continue to be required to concurrently report 
to the Exchange reportable positions relating to Exchange contracts 
that they are required to report to the CFTC pursuant to CFTC 
regulations. This is required under current Rule 412B, and the Exchange 
believes that it continues to be required by Rule 412B as amended by 
the Prior Filings. However, in order to eliminate any potential 
ambiguity in this regard, CFE is further amending Rule 412B as amended 
by the Prior Filings to make this explicit and is changing the title of 
Rule 412B to specifically reference reportable positions.
    Second, CFE proposes to amend CFE Rule 714 (Imposition of Fines for 
Minor Rule Violations) to make new paragraph (c) of Rule 412B added by 
the Prior Filings subject to the same summary fine schedule under Rule 
714(f)(vii) that already applies with respect to violations of 
paragraphs (a) and (b) of Rule 412B. Rule 412B(c) is the provision of 
Rule 412B that requires each TPH that is not a Clearing Member to 
report to the Exchange the same information regarding the 
identification and reporting of special accounts relating to CFE 
contracts that the OCR Rule requires each TPH that is a Clearing Member 
to report to the CFTC. The summary fine schedule under Rule 714(f)(vii) 
is a Letter of Caution for a first offense, a $7,500 fine for a second 
offense, a $15,000 fine for a third

[[Page 52071]]

offense, and referral to CFE's Business Conduct Committee for 
subsequent offenses (all as measured over any twelve month rolling 
period).
    Third, CFE is further revising the reportable volume provision in 
CFE Rule 1602(n)(ii) that is included in CFE's contract specification 
rule chapter for Individual Stock Based and Exchange-Traded Fund Based 
Volatility Index security futures to make clear that this provision is 
referencing the reportable trading volume in one of those products that 
triggers the requirement to report a volume threshold account to the 
CFTC.
    The Amendment also includes some minor, non-substantive wording 
changes, such as to delete a reference in Rule 412B(b) to CFTC Form 
102S which is not applicable with respect to CFE products.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with Section 6(b) of the Act,\6\ in general, and furthers the 
objectives of Sections 6(b)(5) \7\ and 6(b)(7) \8\ in particular in 
that it is designed:
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    \6\ 15 U.S.C. 78f(b).
    \7\ 15 U.S.C. 78f(b)(5).
    \8\ 15 U.S.C. 78f(b)(7).
---------------------------------------------------------------------------

     To prevent fraudulent and manipulative acts and practices,
     to promote just and equitable principles of trade,
     to foster cooperation and coordination with persons 
engaged in facilitating transactions in securities,
     to remove impediments to and perfect the mechanism of a 
free and open market and a national market system, and in general, to 
protect investors and the public interest.
    The Exchange believes that the proposed rule change will strengthen 
its ability to carry out its responsibilities as a self-regulatory 
organization. CFE needs to receive the same information relating to 
reportable positions in CFE contracts from TPHs and non-TPHs that is 
required to be reported to the CFTC, as well as the information that 
TPHs and non-TPHs provide to the CFTC under the new OCR Rule, in order 
to carry out CFE's market surveillance program. The proposed rule 
change facilitates CFE's ability to receive this information in a form 
and manner that will allow its seamless integration into the market 
surveillance program and systems utilized by CFE and its regulatory 
services provider by making explicit that TPHs and non-TPHs are 
required to provide this information to CFE in a form and manner 
prescribed by the Exchange.

B. Self-Regulatory Organization's Statement on Burden on Competition

    CFE does not believe that the proposed rule change will impose any 
burden on competition not necessary or appropriate in furtherance of 
the purposes of the Act, in that the rule change enhances CFE's market 
surveillance program. The Exchange believes that the proposed rule 
change is equitable and not unfairly discriminatory because the 
amendments would apply equally to all TPHs and non-TPHs that are 
subject to the applicable requirements.

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 proposed rule change will become effective on or after 
September 30, 2015, on a date to be announced by the Exchange through 
the issuance of a circular. At any time within 60 days of the date of 
effectiveness of the proposed rule change, the Commission, after 
consultation with the CFTC, may summarily abrogate the proposed rule 
change and require that the proposed rule change be refiled in 
accordance with the provisions of Section 19(b)(1) of the Act.\9\
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    \9\ 15 U.S.C. 78s(b)(1).
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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-CFE-2015-006 on the subject line.

Paper Comments

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

All submissions should refer to File Number SR-CFE-2015-006. 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 such filing also will be available 
for inspection and copying at the principal office of the Exchange. 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-CFE-2015-006, and should be 
submitted on or before September 17, 2015.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(73).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-21209 Filed 8-26-15; 8:45 am]
 BILLING CODE 8011-01-P



                                               52070                          Federal Register / Vol. 80, No. 166 / Thursday, August 27, 2015 / Notices

                                               printing in the Commission’s Public                     positions and ownership and control                   CFTC under the OCR Rule. In addition,
                                               Reference Room, 100 F Street NE.,                       reports. The scope of this filing is                  CFE–2015–003 amended Rule 412B to
                                               Washington, DC 20549, on official                       limited solely to the application of the              require each TPH that is not a Clearing
                                               business days between the hours of                      rule amendments to security futures                   Member to report to the Exchange the
                                               10:00 a.m. and 3:00 p.m. Copies of the                  traded on CFE. The only security futures              same information regarding the
                                               filing also will be available for                       that have been traded on CFE were                     identification and reporting of special
                                               inspection and copying at the principal                 traded under Chapter 16 of CFE’s                      accounts relating to CFE contracts that
                                               office of the Exchange. All comments                    Rulebook which is applicable to                       the OCR Rule requires each TPH that is
                                               received will be posted without change;                 Individual Stock Based and Exchange-                  a Clearing Member to report to the
                                               the Commission does not edit personal                   Traded Fund Based Volatility Index                    CFTC. CFE–2015–003 provided that
                                               identifying information from                            security futures. CFE does not currently              these changes would become effective
                                               submissions. You should submit only                     list any security futures for trading. The            on or after February 11, 2015, on a date
                                               information that you wish to make                       text of the proposed rule change is                   to be announced by the Exchange
                                               available publicly. All submissions                     attached as Exhibit 4 to the filing but is            through the issuance of a circular. The
                                               should refer to File Number SR–BX–                      not attached to the publication of this               Exchange has not yet made these
                                               2015–050 and should be submitted on                     notice.                                               changes effective and intends to do so
                                               or before September 17, 2015.                                                                                 consistent with the compliance dates
                                                                                                       II. Self-Regulatory Organization’s
                                                 For the Commission, by the Division of                Statement of the Purpose of, and                      under the OCR Rule as provided for by
                                               Trading and Markets, pursuant to delegated              Statutory Basis for, the Proposed Rule                the CFTC.5
                                               authority.14
                                                                                                       Change                                                   The purpose of the proposed rule
                                               Robert W. Errett,                                                                                             change is to make some clarifying
                                               Deputy Secretary.                                          In its filing with the Commission, CFE             changes with respect to the rule
                                                                                                       included statements concerning the                    amendments included in the Prior
                                               [FR Doc. 2015–21081 Filed 8–26–15; 8:45 am]
                                                                                                       purpose of and basis for the proposed                 Filings.
                                               BILLING CODE 8011–01–P
                                                                                                       rule change and discussed any                            First, CFE proposes to further amend
                                                                                                       comments it received on the proposed                  Rule 412B to make clear that TPHs and
                                               SECURITIES AND EXCHANGE                                 rule change. The text of these statements             non-TPHs will continue to be required
                                               COMMISSION                                              may be examined at the places specified               to concurrently report to the Exchange
                                                                                                       in Item IV below. CFE has prepared                    reportable positions relating to
                                               [Release No. 34–75748; File No. SR–CFE–                 summaries, set forth in Sections A, B,
                                               2015–006]
                                                                                                                                                             Exchange contracts that they are
                                                                                                       and C below, of the most significant                  required to report to the CFTC pursuant
                                                                                                       aspects of such statements.                           to CFTC regulations. This is required
                                               Self-Regulatory Organizations; CBOE
                                               Futures Exchange, LLC; Notice of                        A. Self-Regulatory Organization’s                     under current Rule 412B, and the
                                               Proposed Rule Change Regarding                          Statement of the Purpose of, and                      Exchange believes that it continues to be
                                               Reportable Position and Ownership                       Statutory Basis for, the Proposed Rule                required by Rule 412B as amended by
                                               and Control Reporting Clarifications                    Change                                                the Prior Filings. However, in order to
                                                                                                                                                             eliminate any potential ambiguity in
                                               August 21, 2015.                                        1. Purpose                                            this regard, CFE is further amending
                                                  Pursuant to Section 19(b)(7) of the                     CFE submitted CFE Rule Certification               Rule 412B as amended by the Prior
                                               Securities Exchange Act of 1934                         Submission Number CFE–2015–003                        Filings to make this explicit and is
                                               (‘‘Act’’),1 notice is hereby given that on              (‘‘CFE–2015–003’’) to the CFTC and CFE                changing the title of Rule 412B to
                                               August 14, 2015 CBOE Futures                            Rule Filing Number SR–CFE–2015–001                    specifically reference reportable
                                               Exchange, LLC (‘‘CFE’’ or ‘‘Exchange’’)                 (‘‘SR–CFE–2015–001’’) 3 to the                        positions.
                                               filed with the Securities and Exchange                  Commission on January 28, 2015                           Second, CFE proposes to amend CFE
                                               Commission (‘‘SEC’’ or ‘‘Commission’’)                  (collectively, the ‘‘Prior Filings’’) to              Rule 714 (Imposition of Fines for Minor
                                               the proposed rule change described in                   amend CFE Rule 412B (Ownership and                    Rule Violations) to make new paragraph
                                               Items I, II, and III below, which Items                 Control Reports) to require CFE Trading               (c) of Rule 412B added by the Prior
                                               have been prepared by CFE. The                          Privilege Holders (‘‘TPHs’’) and non-                 Filings subject to the same summary
                                               Commission is publishing this notice to                 TPHs to concurrently file with the                    fine schedule under Rule 714(f)(vii) that
                                               solicit comments on the proposed rule                   Exchange submissions relating to CFE                  already applies with respect to
                                               change from interested persons. CFE                     contracts that are required to be filed               violations of paragraphs (a) and (b) of
                                               also has filed this proposed rule change                with the CFTC pursuant to the Final                   Rule 412B. Rule 412B(c) is the provision
                                               with the Commodity Futures Trading                      Rule adopted by the CFTC under the                    of Rule 412B that requires each TPH
                                               Commission (‘‘CFTC’’). CFE filed a                      caption Ownership and Control Reports                 that is not a Clearing Member to report
                                               written certification with the CFTC                     (‘‘OCR Rule’’).4 In particular, the Prior             to the Exchange the same information
                                               under Section 5c(c) of the Commodity                    Filings amended Rule 412B to require                  regarding the identification and
                                               Exchange Act (‘‘CEA’’) 2 on August 14,                  each TPH and non-TPH to file                          reporting of special accounts relating to
                                               2015.                                                   concurrently with the Exchange the new                CFE contracts that the OCR Rule
                                               I. Self-Regulatory Organization’s                       CFTC Forms 102A, 102B, and 71                         requires each TPH that is a Clearing
                                               Description of the Proposed Rule                        (including any attachments, related                   Member to report to the CFTC. The
                                               Change                                                  submissions, or related information)                  summary fine schedule under Rule
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                                                                                                       relating to CFE contracts that each TPH               714(f)(vii) is a Letter of Caution for a
                                                  The Exchange proposes to amend CFE                                                                         first offense, a $7,500 fine for a second
                                                                                                       or non-TPH is required to report to the
                                               rules to clarify the application of CFE                                                                       offense, a $15,000 fine for a third
                                               requirements relating to reportable                       3 See Securities Exchange Act Release No. 74204

                                                                                                       (February 4, 2015), 80 FR 7518 (February 10, 2015).     5 See CFTC No-Action Letter No. 15–03 (February
                                                 14 17 CFR 200.30–3(a)(12).                              4 See CFTC RIN 3038–AD31, Ownership and             10, 2015) (which provided conditional time-limited
                                                 1 15 U.S.C. 78s(b)(7).
                                                                                                       Control Reports, Forms 102/102S, 40/40S, and 71,      no-action relief to extend certain compliance dates
                                                 2 7 U.S.C. 7a–2(c).                                   Final Rule, 78 FR 69178 (November 18, 2013).          under the OCR Rule).



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                                                                            Federal Register / Vol. 80, No. 166 / Thursday, August 27, 2015 / Notices                                                   52071

                                               offense, and referral to CFE’s Business                  B. Self-Regulatory Organization’s                       Commission process and review your
                                               Conduct Committee for subsequent                         Statement on Burden on Competition                      comments more efficiently, please use
                                               offenses (all as measured over any                          CFE does not believe that the                        only one method. The Commission will
                                               twelve month rolling period).                            proposed rule change will impose any                    post all comments on the Commission’s
                                                  Third, CFE is further revising the                    burden on competition not necessary or                  Internet Web site (http://www.sec.gov/
                                               reportable volume provision in CFE                       appropriate in furtherance of the                       rules/sro.shtml). Copies of the
                                               Rule 1602(n)(ii) that is included in                     purposes of the Act, in that the rule                   submission, all subsequent
                                               CFE’s contract specification rule chapter                change enhances CFE’s market                            amendments, all written statements
                                               for Individual Stock Based and                           surveillance program. The Exchange                      with respect to the proposed rule
                                               Exchange-Traded Fund Based Volatility                    believes that the proposed rule change                  change that are filed with the
                                               Index security futures to make clear that                is equitable and not unfairly                           Commission, and all written
                                               this provision is referencing the                        discriminatory because the amendments                   communications relating to the
                                               reportable trading volume in one of                      would apply equally to all TPHs and                     proposed rule change between the
                                               those products that triggers the                         non-TPHs that are subject to the                        Commission and any person, other than
                                               requirement to report a volume                           applicable requirements.                                those that may be withheld from the
                                               threshold account to the CFTC.                                                                                   public in accordance with the
                                                  The Amendment also includes some                      C. Self-Regulatory Organization’s                       provisions of 5 U.S.C. 552, will be
                                               minor, non-substantive wording                           Statement on Comments on the                            available for Web site viewing and
                                               changes, such as to delete a reference in                Proposed Rule Change Received From                      printing in the Commission’s Public
                                               Rule 412B(b) to CFTC Form 102S which                     Members, Participants, or Others                        Reference Room, 100 F Street NE.,
                                               is not applicable with respect to CFE                      No written comments were solicited                    Washington, DC 20549, on official
                                               products.                                                or received with respect to the proposed                business days between the hours of
                                               2. Statutory Basis                                       rule change.                                            10:00 a.m. and 3:00 p.m. Copies of such
                                                                                                                                                                filing also will be available for
                                                  The Exchange believes that the                        III. Date of Effectiveness of the
                                                                                                                                                                inspection and copying at the principal
                                               proposed rule change is consistent with                  Proposed Rule Change and Timing for
                                                                                                                                                                office of the Exchange. All comments
                                               Section 6(b) of the Act,6 in general, and                Commission Action
                                                                                                                                                                received will be posted without change;
                                               furthers the objectives of Sections                         The proposed rule change will                        the Commission does not edit personal
                                               6(b)(5) 7 and 6(b)(7) 8 in particular in                 become effective on or after September                  identifying information from
                                               that it is designed:                                     30, 2015, on a date to be announced by                  submissions. You should submit only
                                                  • To prevent fraudulent and                           the Exchange through the issuance of a                  information that you wish to make
                                               manipulative acts and practices,                         circular. At any time within 60 days of                 available publicly. All submissions
                                                  • to promote just and equitable                       the date of effectiveness of the proposed               should refer to File Number SR–CFE–
                                               principles of trade,                                     rule change, the Commission, after                      2015–006, and should be submitted on
                                                  • to foster cooperation and                           consultation with the CFTC, may                         or before September 17, 2015.
                                               coordination with persons engaged in                     summarily abrogate the proposed rule
                                               facilitating transactions in securities,                                                                           For the Commission, by the Division of
                                                                                                        change and require that the proposed
                                                  • to remove impediments to and                        rule change be refiled in accordance
                                                                                                                                                                Trading and Markets, pursuant to delegated
                                               perfect the mechanism of a free and                                                                              authority.10
                                                                                                        with the provisions of Section 19(b)(1)                 Robert W. Errett,
                                               open market and a national market                        of the Act.9
                                               system, and in general, to protect                                                                               Deputy Secretary.
                                               investors and the public interest.                       IV. Solicitation of Comments                            [FR Doc. 2015–21209 Filed 8–26–15; 8:45 am]
                                                  The Exchange believes that the                          Interested persons are invited to                     BILLING CODE 8011–01–P
                                               proposed rule change will strengthen its                 submit written data, views, and
                                               ability to carry out its responsibilities as             arguments concerning the foregoing,
                                               a self-regulatory organization. CFE                      including whether the proposed rule                     SECURITIES AND EXCHANGE
                                               needs to receive the same information                    change is consistent with the Act.                      COMMISSION
                                               relating to reportable positions in CFE                  Comments may be submitted by any of                     [Investment Company Act Release No.
                                               contracts from TPHs and non-TPHs that                    the following methods:                                  31766; 812–14372]
                                               is required to be reported to the CFTC,
                                               as well as the information that TPHs                     Electronic Comments                                     The RBB Fund, Inc. and Abbey Capital
                                               and non-TPHs provide to the CFTC                           • Use the Commission’s Internet                       Limited; Notice of Application
                                               under the new OCR Rule, in order to                      comment form (http://www.sec.gov/
                                               carry out CFE’s market surveillance                      rules/sro.shtml); or                                    August 21, 2015.
                                               program. The proposed rule change                          • Send an email to rule-comments@                     AGENCY:   Securities and Exchange
                                               facilitates CFE’s ability to receive this                sec.gov. Please include File Number SR–                 Commission (‘‘Commission’’).
                                               information in a form and manner that                    CFE–2015–006 on the subject line.                       ACTION: Notice of an application under
                                               will allow its seamless integration into                                                                         section 6(c) of the Investment Company
                                                                                                        Paper Comments                                          Act of 1940 (‘‘Act’’) for an exemption
                                               the market surveillance program and
                                               systems utilized by CFE and its                            • Send paper comments in triplicate                   from section 15(a) of the Act and rule
                                               regulatory services provider by making                   to Secretary, Securities and Exchange                   18f–2 under the Act, as well as from
                                               explicit that TPHs and non-TPHs are                      Commission, 100 F Street NE.,                           certain disclosure requirements in rule
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                                               required to provide this information to                  Washington, DC 20549–1090.                              20a–1 under the Act, Item 19(a)(3) of
                                               CFE in a form and manner prescribed by                   All submissions should refer to File                    Form N–1A, Items 22(c)(1)(ii),
                                               the Exchange.                                            Number SR–CFE–2015–006. This file                       22(c)(1)(iii), 22(c)(8) and 22(c)(9) of
                                                                                                        number should be included on the                        Schedule 14A under the Securities
                                                 6 15 U.S.C. 78f(b).                                    subject line if email is used. To help the              Exchange Act of 1934, and Sections 6–
                                                 7 15 U.S.C. 78f(b)(5).
                                                 8 15 U.S.C. 78f(b)(7).                                   9 15   U.S.C. 78s(b)(1).                                10 17   CFR 200.30–3(a)(73).



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Document Created: 2015-12-15 10:52:48
Document Modified: 2015-12-15 10:52:48
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 52070 

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