80_FR_68589 80 FR 68376 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rules 46-Equities, 46A-Equities, 103B-Equities, and 497-Equities To Replace References to the NYSE Regulation Board of Directors With the Exchange's Regulatory Oversight Committee

80 FR 68376 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rules 46-Equities, 46A-Equities, 103B-Equities, and 497-Equities To Replace References to the NYSE Regulation Board of Directors With the Exchange's Regulatory Oversight Committee

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 213 (November 4, 2015)

Page Range68376-68377
FR Document2015-28019

Federal Register, Volume 80 Issue 213 (Wednesday, November 4, 2015)
[Federal Register Volume 80, Number 213 (Wednesday, November 4, 2015)]
[Notices]
[Pages 68376-68377]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-28019]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-76294; File No. SR-NYSEMKT-2015-83]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and 
Immediate Effectiveness of Proposed Rule Change Amending Rules 46--
Equities, 46A--Equities, 103B--Equities, and 497--Equities To Replace 
References to the NYSE Regulation Board of Directors With the 
Exchange's Regulatory Oversight Committee

October 29, 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 October 19, 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 and II 
below, which Items have been prepared by the self-regulatory 
organization. The Exchange has designated this proposal as a ``non-
controversial'' proposed rule change pursuant to Section 19(b)(3)(A) of 
the Act \4\ and Rule 19b-4(f)(6)(iii) thereunder,\5\ which renders it 
effective upon filing with the Commission. 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.
    \4\ 15 U.S.C. 78s(b)(3)(A).
    \5\ 17 CFR 240.19b-4(f)(6)(iii).
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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 Rules 46--Equities, 46A--Equities, 
103B--Equities, and 497--Equities to replace references to the NYSE 
Regulation Board of Directors with the Exchange's Regulatory Oversight 
Committee. 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 Rules 46--Equities, 46A--Equities, 
103B--Equities, and 497--Equities to replace references to the NYSE 
Regulation Board of Directors with the Exchange's Regulatory Oversight 
Committee (``ROC'').
    The Exchange recently amended the Operating Agreement to, among 
other things, establish a ROC.\6\ The Exchange now proposes the 
following conforming amendments to Rules 46--Equities, 46A- Equities, 
103B--Equities, and 497--Equities. These proposed changes, described 
below, are similar to changes to the rules of the Exchange's affiliate, 
NYSE, which were recently approved by the Commission.\7\
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    \6\ See Securities Exchange Act Release No. 75148 (June 11, 
2015), 80 FR 34751 (SR-NYSEMKT-2015-27) (approving creation of a ROC 
with primary responsibility to independently monitor the exchange's 
regulatory operations).
    \7\ See Securities Exchange Act Release No. 75991 (September 28, 
2015), 80 FR 59837, 59839 (October 2, 2015) (SR-NYSE-2015-27).
---------------------------------------------------------------------------

    First, the Exchange proposes to amend Rule 46(b)--Equities, which 
governs the appointment of Floor Officials, to replace the reference to 
the ``NYSE Regulation Board of Directors'' with the ROC as the entity 
with which the Board would consult on those appointments.
    Similarly, the Exchange proposes to amend Rule 46A--Equities, which 
governs the appointment of Executive Floor Governors, to replace the 
``Board of Directors of NYSE Regulation'' with the ROC as the entity 
with which the Board would consult on those appointments.
    Third, Rule 103B--Equities, which governs the security allocation 
and reallocation process, would be amended to replace ``NYSER Board of 
Directors'' in subsection (b) of Supplementary Material .10 with the 
``Exchange's Regulatory Oversight Committee''.
    Finally, Rule 497--Equities sets forth certain requirements that 
securities issued by Intercontinental Exchange, Inc., or its affiliates 
must meet before they can be listed on the Exchange. The Exchange 
proposes to replace ``NYSE Regulation Board of Directors'' in Rule 
497(b) and (c)(1) with ``Exchange's Regulatory Oversight Committee''. 
The ROC is now the entity that approves regulatory findings that the 
security to be listed satisfies Exchange listing rules under Rule 
497(b) and that would receive the reports specified in Rule 497(c)--
Equities.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with Section 6(b) of the Exchange Act \8\ in general, and with Section 
6(b)(5) \9\ in particular, in that it in that it is designed 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, and to 
remove impediments to and perfect the mechanism of a free and open 
market and a national market system and, in general, help to protect 
investors and the public interest. Specifically, the Exchange believes 
that replacing references to the NYSE Regulation Board of Directors 
with the Exchange's ROC in Rules 46--Equities, 46A--Equities, 103B--
Equities, and 497--Equities removes impediments to and perfects the 
mechanism of a free and open market by removing confusion that may 
result from having obsolete references in the Exchange's rulebook. The 
Exchange further believes that the proposal removes impediments to and 
perfects the mechanism of a free and open market by ensuring that 
persons

[[Page 68377]]

subject to the Exchange's jurisdiction, regulators, and the investing 
public can more easily navigate and understand the Exchange's rulebook. 
The Exchange believes that eliminating obsolete references would not be 
inconsistent with the public interest and the protection of investors 
because investors will not be harmed and in fact would benefit from 
increased transparency, thereby reducing potential confusion. Removing 
such obsolete references will also further the goal of transparency and 
add clarity to the Exchange's rules.
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78f(b).
    \9\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

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 Exchange Act. The proposed rule 
change is not intended to address competitive issues but rather to 
delete obsolete references, thereby increasing transparency, reducing 
confusion, and making the Exchange's rules easier to understand and 
navigate.

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

    Because the proposed rule change does not (i) significantly affect 
the protection of investors or the public interest; (ii) impose any 
significant burden on competition; and (iii) become operative for 30 
days from the date on which it was filed, or such shorter time as the 
Commission may designate, the proposed rule change has become effective 
pursuant to Section 19(b)(3)(A) of the Act and Rule 19b-4(f)(6) 
thereunder.\10\
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    \10\ In addition, Rule 19b-4(f)(6)(iii) requires the Exchange to 
give the Commission written notice of the Exchange's intent to file 
the proposed rule change, along with a brief description and text of 
the proposed rule change, at least five business days prior to the 
date of filing of the proposed rule change, or such shorter time as 
designated by the Commission. The Exchange has satisfied this 
requirement.
---------------------------------------------------------------------------

    A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the 
Act normally does not become operative for 30 days after the date of 
its filing. However, Rule 19b-4(f)(6)(iii) permits the Commission to 
designate a shorter time if such action is consistent with the 
protection of investors and the public interest. The Exchange has asked 
the Commission to waive the 30-day operative delay so that the proposal 
may become operative immediately upon filing. The Commission believes 
that waiver of the 30-day operative delay is appropriate because the 
proposed rule change would replace references to NYSE Regulation Board 
of Directors or NYSER Board of Directors with references to the 
Exchange's Regulatory Oversight Committee and thus reflect recently 
approved changes to the Exchange's Operating Agreement that established 
the Exchange's Regulatory Oversight Committee.\11\ Based on the 
foregoing, the Commission believes that the waiver of the operative 
delay is consistent with the protection of investors and the public 
interest.\12\ The Commission hereby grants the waiver and designates 
the proposal operative upon filing.
---------------------------------------------------------------------------

    \11\ See supra note 6.
    \12\ For purposes only of waiving the 30-day operative delay, 
the Commission has also considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the 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 to 
determine whether the proposed rule should be disapproved.

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-2015-83 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-2015-83. 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 20549-1090, 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-2015-83 and should be submitted on or before 
November 25, 2015.
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    \13\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\13\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-28019 Filed 11-3-15; 8:45 am]
 BILLING CODE 8011-01-P



                                                    68376                     Federal Register / Vol. 80, No. 213 / Wednesday, November 4, 2015 / Notices

                                                    received will be posted without change;                 103B—Equities, and 497—Equities to                    governs the appointment of Executive
                                                    the Commission does not edit personal                   replace references to the NYSE                        Floor Governors, to replace the ‘‘Board
                                                    identifying information from                            Regulation Board of Directors with the                of Directors of NYSE Regulation’’ with
                                                    submissions. You should submit only                     Exchange’s Regulatory Oversight                       the ROC as the entity with which the
                                                    information that you wish to make                       Committee. The text of the proposed                   Board would consult on those
                                                    available publicly.                                     rule change is available on the                       appointments.
                                                      All submissions should refer to File                  Exchange’s Web site at www.nyse.com,
                                                                                                                                                                     Third, Rule 103B—Equities, which
                                                    Number SR–MIAX–2015–61 and should be                    at the principal office of the Exchange,
                                                    submitted on or before November 25, 2015.               and at the Commission’s Public                        governs the security allocation and
                                                                                                            Reference Room.                                       reallocation process, would be amended
                                                    For the Commission, by the Division of
                                                    Trading and Markets, pursuant to delegated                                                                    to replace ‘‘NYSER Board of Directors’’
                                                    authority.13
                                                                                                            II. Self-Regulatory Organization’s                    in subsection (b) of Supplementary
                                                                                                            Statement of the Purpose of, and                      Material .10 with the ‘‘Exchange’s
                                                    Robert W. Errett,
                                                                                                            Statutory Basis for, the Proposed Rule                Regulatory Oversight Committee’’.
                                                    Deputy Secretary.
                                                                                                            Change
                                                    [FR Doc. 2015–28026 Filed 11–3–15; 8:45 am]                                                                      Finally, Rule 497—Equities sets forth
                                                                                                               In its filing with the Commission, the             certain requirements that securities
                                                    BILLING CODE 8011–01–P
                                                                                                            self-regulatory organization included                 issued by Intercontinental Exchange,
                                                                                                            statements concerning the purpose of,
                                                                                                                                                                  Inc., or its affiliates must meet before
                                                    SECURITIES AND EXCHANGE                                 and basis for, the proposed rule change
                                                                                                            and discussed any comments it received                they can be listed on the Exchange. The
                                                    COMMISSION                                                                                                    Exchange proposes to replace ‘‘NYSE
                                                                                                            on the proposed rule change. The text
                                                    [Release No. 34–76294; File No. SR–                     of those statements may be examined at                Regulation Board of Directors’’ in Rule
                                                    NYSEMKT–2015–83]                                                                                              497(b) and (c)(1) with ‘‘Exchange’s
                                                                                                            the places specified in Item IV below.
                                                                                                            The Exchange has prepared summaries,                  Regulatory Oversight Committee’’. The
                                                    Self-Regulatory Organizations; NYSE                                                                           ROC is now the entity that approves
                                                    MKT LLC; Notice of Filing and                           set forth in sections A, B, and C below,
                                                                                                            of the most significant parts of such                 regulatory findings that the security to
                                                    Immediate Effectiveness of Proposed
                                                                                                            statements.                                           be listed satisfies Exchange listing rules
                                                    Rule Change Amending Rules 46—
                                                    Equities, 46A—Equities, 103B—                                                                                 under Rule 497(b) and that would
                                                                                                            A. Self-Regulatory Organization’s
                                                    Equities, and 497—Equities To Replace                                                                         receive the reports specified in Rule
                                                                                                            Statement of the Purpose of, and the
                                                    References to the NYSE Regulation                       Statutory Basis for, the Proposed Rule                497(c)—Equities.
                                                    Board of Directors With the                             Change                                                2. Statutory Basis
                                                    Exchange’s Regulatory Oversight
                                                                                                            1. Purpose                                               The Exchange believes that the
                                                    Committee
                                                                                                               The Exchange proposes to amend                     proposed rule change is consistent with
                                                    October 29, 2015.                                       Rules 46—Equities, 46A—Equities,                      Section 6(b) of the Exchange Act 8 in
                                                       Pursuant to Section 19(b)(1) 1 of the                103B—Equities, and 497—Equities to                    general, and with Section 6(b)(5) 9 in
                                                    Securities Exchange Act of 1934 (the                    replace references to the NYSE                        particular, in that it in that it is designed
                                                    ‘‘Act’’) 2 and Rule 19b–4 thereunder,3                  Regulation Board of Directors with the
                                                    notice is hereby given that on October                                                                        to prevent fraudulent and manipulative
                                                                                                            Exchange’s Regulatory Oversight                       acts and practices, to promote just and
                                                    19, 2015, NYSE MKT LLC (the                             Committee (‘‘ROC’’).
                                                    ‘‘Exchange’’ or ‘‘NYSE MKT’’) filed with                   The Exchange recently amended the                  equitable principles of trade, to foster
                                                    the Securities and Exchange                             Operating Agreement to, among other                   cooperation and coordination with
                                                    Commission (the ‘‘Commission’’) the                     things, establish a ROC.6 The Exchange                persons engaged in facilitating
                                                    proposed rule change as described in                    now proposes the following conforming                 transactions in securities, and to remove
                                                    Items I and II below, which Items have                  amendments to Rules 46—Equities,                      impediments to and perfect the
                                                    been prepared by the self-regulatory                    46A– Equities, 103B—Equities, and                     mechanism of a free and open market
                                                    organization. The Exchange has                          497—Equities. These proposed changes,                 and a national market system and, in
                                                    designated this proposal as a ‘‘non-                    described below, are similar to changes               general, help to protect investors and
                                                    controversial’’ proposed rule change                    to the rules of the Exchange’s affiliate,             the public interest. Specifically, the
                                                    pursuant to Section 19(b)(3)(A) of the                  NYSE, which were recently approved by                 Exchange believes that replacing
                                                    Act 4 and Rule 19b–4(f)(6)(iii)                         the Commission.7                                      references to the NYSE Regulation
                                                    thereunder,5 which renders it effective                    First, the Exchange proposes to                    Board of Directors with the Exchange’s
                                                    upon filing with the Commission. The                    amend Rule 46(b)—Equities, which                      ROC in Rules 46—Equities, 46A—
                                                    Commission is publishing this notice to                 governs the appointment of Floor                      Equities, 103B—Equities, and 497—
                                                    solicit comments on the proposed rule                   Officials, to replace the reference to the            Equities removes impediments to and
                                                    change from interested persons.                         ‘‘NYSE Regulation Board of Directors’’
                                                                                                                                                                  perfects the mechanism of a free and
                                                                                                            with the ROC as the entity with which
                                                    I. Self-Regulatory Organization’s                       the Board would consult on those                      open market by removing confusion that
                                                    Statement of the Terms of Substance of                  appointments.                                         may result from having obsolete
                                                    the Proposed Rule Change                                   Similarly, the Exchange proposes to                references in the Exchange’s rulebook.
                                                       The Exchange proposes to amend                       amend Rule 46A—Equities, which                        The Exchange further believes that the
                                                    Rules 46—Equities, 46A—Equities,                                                                              proposal removes impediments to and
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                                                                                                               6 See Securities Exchange Act Release No. 75148    perfects the mechanism of a free and
                                                      13 17                                                 (June 11, 2015), 80 FR 34751 (SR–NYSEMKT–2015–        open market by ensuring that persons
                                                            CFR 200.30–3(a)(12).
                                                      1 15 U.S.C. 78s(b)(1).
                                                                                                            27) (approving creation of a ROC with primary
                                                                                                            responsibility to independently monitor the
                                                      2 15 U.S.C. 78a.
                                                                                                            exchange’s regulatory operations).
                                                      3 17 CFR 240.19b–4.                                      7 See Securities Exchange Act Release No. 75991
                                                      4 15 U.S.C. 78s(b)(3)(A).                                                                                     8 15   U.S.C. 78f(b).
                                                                                                            (September 28, 2015), 80 FR 59837, 59839 (October
                                                      5 17 CFR 240.19b–4(f)(6)(iii).                                                                                9 15   U.S.C. 78f(b)(5).
                                                                                                            2, 2015) (SR–NYSE–2015–27).




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                                                                              Federal Register / Vol. 80, No. 213 / Wednesday, November 4, 2015 / Notices                                                 68377

                                                    subject to the Exchange’s jurisdiction,                 interest. The Exchange has asked the                  Commission process and review your
                                                    regulators, and the investing public can                Commission to waive the 30-day                        comments more efficiently, please use
                                                    more easily navigate and understand the                 operative delay so that the proposal may              only one method. The Commission will
                                                    Exchange’s rulebook. The Exchange                       become operative immediately upon                     post all comments on the Commission’s
                                                    believes that eliminating obsolete                      filing. The Commission believes that                  Internet Web site (http://www.sec.gov/
                                                    references would not be inconsistent                    waiver of the 30-day operative delay is               rules/sro.shtml). Copies of the
                                                    with the public interest and the                        appropriate because the proposed rule                 submission, all subsequent
                                                    protection of investors because investors               change would replace references to                    amendments, all written statements
                                                    will not be harmed and in fact would                    NYSE Regulation Board of Directors or                 with respect to the proposed rule
                                                    benefit from increased transparency,                    NYSER Board of Directors with                         change that are filed with the
                                                    thereby reducing potential confusion.                   references to the Exchange’s Regulatory               Commission, and all written
                                                    Removing such obsolete references will                  Oversight Committee and thus reflect                  communications relating to the
                                                    also further the goal of transparency and               recently approved changes to the                      proposed rule change between the
                                                    add clarity to the Exchange’s rules.                    Exchange’s Operating Agreement that                   Commission and any person, other than
                                                                                                            established the Exchange’s Regulatory                 those that may be withheld from the
                                                    B. Self-Regulatory Organization’s
                                                                                                            Oversight Committee.11 Based on the                   public in accordance with the
                                                    Statement on Burden on Competition
                                                                                                            foregoing, the Commission believes that               provisions of 5 U.S.C. 552, will be
                                                      The Exchange does not believe that                    the waiver of the operative delay is                  available for Web site viewing and
                                                    the proposed rule change will impose                    consistent with the protection of                     printing in the Commission’s Public
                                                    any burden on competition that is not                   investors and the public interest.12 The              Reference Room, 100 F Street NE.,
                                                    necessary or appropriate in furtherance                 Commission hereby grants the waiver                   Washington, DC 20549–1090, on official
                                                    of the purposes of the Exchange Act.                    and designates the proposal operative                 business days between the hours of
                                                    The proposed rule change is not                         upon filing.                                          10:00 a.m. and 3:00 p.m. Copies of the
                                                    intended to address competitive issues                     At any time within 60 days of the                  filing will also be available for
                                                    but rather to delete obsolete references,               filing of the proposed rule change, the               inspection and copying at the NYSE’s
                                                    thereby increasing transparency,                        Commission summarily may                              principal office and on its Internet Web
                                                    reducing confusion, and making the                      temporarily suspend such rule change if               site at www.nyse.com. All comments
                                                    Exchange’s rules easier to understand                   it appears to the Commission that such                received will be posted without change;
                                                    and navigate.                                           action is necessary or appropriate in the             the Commission does not edit personal
                                                    C. Self-Regulatory Organization’s                       public interest, for the protection of                identifying information from
                                                    Statement on Comments on the                            investors, or otherwise in furtherance of             submissions. You should submit only
                                                    Proposed Rule Change Received From                      the purposes of the Act. If the                       information that you wish to make
                                                    Members, Participants, or Others                        Commission takes such action, the                     available publicly. All submissions
                                                                                                            Commission shall institute proceedings                should refer to File Number SR–
                                                      No written comments were solicited                    to determine whether the proposed rule                NYSEMKT–2015–83 and should be
                                                    or received with respect to the proposed                should be disapproved.                                submitted on or before November 25,
                                                    rule change.                                                                                                  2015.
                                                                                                            IV. Solicitation of Comments
                                                    III. Date of Effectiveness of the                                                                               For the Commission, by the Division of
                                                    Proposed Rule Change and Timing for                       Interested persons are invited to                   Trading and Markets, pursuant to delegated
                                                    Commission Action                                       submit written data, views, and                       authority.13
                                                                                                            arguments concerning the foregoing,                   Robert W. Errett,
                                                       Because the proposed rule change                     including whether the proposed rule
                                                    does not (i) significantly affect the                                                                         Deputy Secretary.
                                                                                                            change is consistent with the Act.
                                                    protection of investors or the public                   Comments may be submitted by any of
                                                                                                                                                                  [FR Doc. 2015–28019 Filed 11–3–15; 8:45 am]
                                                    interest; (ii) impose any significant                                                                         BILLING CODE 8011–01–P
                                                                                                            the following methods:
                                                    burden on competition; and (iii) become
                                                    operative for 30 days from the date on                  Electronic Comments
                                                    which it was filed, or such shorter time                                                                      SECURITIES AND EXCHANGE
                                                                                                              • Use the Commission’s Internet
                                                    as the Commission may designate, the                                                                          COMMISSION
                                                                                                            comment form (http://www.sec.gov/
                                                    proposed rule change has become                         rules/sro.shtml); or                                  [Release No. 34–76298; File No. SR–
                                                    effective pursuant to Section 19(b)(3)(A)                 • Send an email to rule-comments@                   NASDAQ–2015–126]
                                                    of the Act and Rule 19b–4(f)(6)                         sec.gov. Please include File Number SR–
                                                    thereunder.10                                           NYSEMKT–2015–83 on the subject line.                  Self-Regulatory Organizations; The
                                                       A proposed rule change filed                                                                               NASDAQ Stock Market LLC; Notice of
                                                    pursuant to Rule 19b–4(f)(6) under the                  Paper Comments                                        Filing and Immediate Effectiveness of
                                                    Act normally does not become operative                     • Send paper comments in triplicate                Proposed Rule Change To Amend
                                                    for 30 days after the date of its filing.               to Brent J. Fields, Secretary, Securities             Nasdaq Rule 7018
                                                    However, Rule 19b–4(f)(6)(iii) permits                  and Exchange Commission, 100 F Street
                                                    the Commission to designate a shorter                                                                         October 29, 2015.
                                                                                                            NE., Washington, DC 20549–1090.
                                                    time if such action is consistent with the                                                                       Pursuant to Section 19(b)(1) of the
                                                                                                            All submissions should refer to File                  Securities Exchange Act of 1934
                                                    protection of investors and the public                  Number SR–NYSEMKT–2015–83. This
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                                                                                                                                  (‘‘Act’’),1 and Rule 19b–4 thereunder,2
                                                                                                            file number should be included on the                 notice is hereby given that on October
                                                      10 In addition, Rule 19b–4(f)(6)(iii) requires the

                                                    Exchange to give the Commission written notice of
                                                                                                            subject line if email is used. To help the            22, 2015, The NASDAQ Stock Market
                                                    the Exchange’s intent to file the proposed rule                                                               LLC (‘‘Nasdaq’’ or the ‘‘Exchange’’) filed
                                                                                                              11 See supra note 6.
                                                    change, along with a brief description and text of                                                            with the Securities and Exchange
                                                    the proposed rule change, at least five business days     12 For purposes only of waiving the 30-day
                                                    prior to the date of filing of the proposed rule        operative delay, the Commission has also
                                                                                                                                                                    13 17 CFR 200.30–3(a)(12).
                                                    change, or such shorter time as designated by the       considered the proposed rule’s impact on
                                                                                                                                                                    1 15 U.S.C. 78s(b)(1).
                                                    Commission. The Exchange has satisfied this             efficiency, competition, and capital formation. See
                                                    requirement.                                            15 U.S.C. 78c(f).                                       2 17 CFR 240.19b–4.




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Document Created: 2018-03-01 11:28:12
Document Modified: 2018-03-01 11:28:12
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 68376 

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