80 FR 77070 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fees Schedule
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 80, Issue 238 (December 11, 2015)
Federal Register Volume 80, Issue 238 (December 11, 2015)
| Page Range | 77070-77072 | |
| FR Document | 2015-31178 |
[Federal Register Volume 80, Number 238 (Friday, December 11, 2015)] [Notices] [Pages 77070-77072] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-31178] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-76567; File No. SR-CBOE-2015-109] Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fees Schedule December 7, 2015. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on November 24, 2015, Chicago Board Options Exchange, Incorporated (the ``Exchange'' or ``CBOE'') 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 Exchange. 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\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of the Substance of the Proposed Rule Change The Exchange proposes to amend its Fees Schedule. The text of the proposed rule change is available on the Exchange's Web site (http://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx), at the Exchange's Office of the Secretary, 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 Exchange 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. The Exchange 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 The Exchange proposes to amend its Fees Schedule.\3\ Specifically, the Exchange proposes to increase the Customer Priority Surcharge fee assessed to contracts executed in VIX volatility index options (``VIX options'') and weekly S&P 500 options (``SPXW options''). Currently, the VIX Customer Priority Surcharge (``VIX Surcharge'') is assessed on all Customer (C) VIX contracts executed electronically that are Maker and not Market Turner. Additionally, the VIX Surcharge is only assessed on such contracts that have a premium of $0.11 or greater. The Exchange proposes to increase the VIX Surcharge from $0.10 per contract to $0.20 per contract on such contracts that have a premium of $0.11 or greater. The SPXW Customer Priority Surcharge (``SPXW Surcharge'') is currently assessed on all Customer (C) SPXW contracts executed electronically.\4\ The Exchange also proposes to increase the SPXW Surcharge from $0.05 per contract to $0.10 per contract. --------------------------------------------------------------------------- \3\ The Exchange initially filed the proposed fee change on November 2, 2015 (SR-CBOE-2015-101). On November 24, 2015, the Exchange withdrew that filing and submitted this filing. \4\ The SPXW Surcharge is not assessed to contracts executed by a floor broker using a PAR terminal or orders in SPXW options in SPXW electronic book that are executed during opening rotation on the final settlement day of VIX options and futures which have the expiration that contribute to the VIX settlement calculation. --------------------------------------------------------------------------- The Exchange also proposes to amend the Fees Schedule with respect to the Qualified Contingent Cross (``QCC'') Orders Rate Table. By way of background, the Fees Schedule currently provides for a ``QCC Rate Table'' which sets forth a transaction fee and credit for QCC transactions. In addition, the ``Notes'' section of the QCC Rate Table includes the definition of a QCC transaction. Specifically the ``Notes'' section currently provides that ``A QCC transaction is comprised of an `initiating order' to buy (sell) at least 1,000 contracts, coupled with a contra-side order to sell (buy) an equal number of contracts . . .'' The Exchange notes that it recently amended its QCC rules to expand the availability of QCC orders [[Page 77071]] by permitting multiple contra-parties on a QCC order.\5\ As such, the definition of QCC Orders in CBOE Rule 6.53 has been amended. The Exchange proposes to similarly amend the Fees Schedule to incorporate this new definition to maintain consistency in the Rules and Fees Schedule and avoid potential confusion. --------------------------------------------------------------------------- \5\ See Securities Exchange Act Release No. 75756 (August 25, 2015), 80 FR 168 (August 31, 2015) (SR-CBOE-2015-073). --------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes the proposed rule change is consistent with the Securities Exchange Act of 1934 (the ``Act'') and the rules and regulations thereunder applicable to the Exchange and, in particular, the requirements of Section 6(b) of the Act.\6\ Specifically, the Exchange believes the proposed rule change is consistent with the Section 6(b)(5) \7\ requirements that the rules of an exchange be 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 regulating, clearing, settling, processing information with respect to, and facilitation 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 also believes the proposed rule change is consistent with Section 6(b)(4) of the Act,\8\ which provides that Exchange rules may provide for the equitable allocation of reasonable dues, fees, and other charges among its Trading Permit Holders. --------------------------------------------------------------------------- \6\ 15 U.S.C. 78f(b). \7\ 15 U.S.C. 78f(b)(5). \8\ 15 U.S.C. 78f(b)(4). --------------------------------------------------------------------------- The Exchange believes that the SPXW and VIX Customer Priority Surcharge increases are reasonable because the amount of the new fees are within the range of surcharges assessed for customer transactions in other CBOE proprietary products (for example customers are currently assessed a $0.20 Hybrid 3.0 Execution Surcharge (which essentially acts as a customer priority surcharge) in SPX options). The Exchange believes that it is equitable and not unfairly discriminatory to assess the SPXW and VIX Priority Surcharges to Customers and not other market participants because Customers are not subject to additional costs for effecting transactions in SPXW and VIX which are applicable to other market participants, such as license surcharges. Additionally, Customers are not subject to fees applicable to other market participants such as connectivity fees and fees relating to Trading Permits, and are not subject to the same obligations as other market participants, including regulatory and compliance requirements and quoting obligations. The Exchange notes that the VIX Surcharge was adopted to minimize the cost differentials between manual and electronic executions (as Floor Brokers assess a commission on customer executions). As such, the Exchange believes it's equitable and not unfairly discriminatory to assess the VIX Surcharge to Makers and not Takers because electronic Maker orders are analogous to customer orders represented by Floor Brokers in open outcry (as compared to Takers that immediately remove liquidity and do not rest in the book). The Exchange believes it's equitable and not unfairly discriminatory to assess only Makers in VIX and both Makers and Takers in SPXW because the SPX product group has reached a mature and established level since its introduction while VIX has not and the Exchange therefore wants to incentivize liquidity in VIX and not discourage trading. The Exchange also notes that another S&P 500 product (SPX) also charges a surcharge to both Makers and Takers (i.e., the Hybrid 3.0 Surcharge). The Exchange believes that it is equitable and not unfairly discriminatory to only assess the VIX Surcharge to Maker Non-Turners because the Exchange wants to encourage improving the market (``turning''). The Exchange believes that it is equitable and not unfairly discriminatory to only assess the VIX Surcharge when the contract premium is at least $0.11 because the Exchange wants to reduce costs on low priced VIX options to encourage Customers to close and roll over positions close to expiration at low premium levels. Currently, such Customers are less likely to do this because the transaction fee is closer to the premium level. The Exchange believes that maintaining lowered fees overall for VIX options trading with a premium of $0.00- $0.10 will encourage the trading of such options. As such, the Exchange does not wish to assess the VIX Surcharge on such options in order to keep the costs low. Finally, the Exchange believes that codifying the amended definition of a QCC transaction in the Fees Schedule (in addition to the Exchange's Rules, where it is currently provided for), will alleviate potential confusion and maintain clarity in the Fees Schedule, which serves 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. B. Self-Regulatory Organization's Statement on Burden on Competition CBOE 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 because, while different electronic transaction fees are assessed to different market participants, different market participants have different obligations and circumstances as noted above. The Exchange believes that the proposal to increase the surcharge amount assessed to Customers for executions in SPXW and VIX contracts will not cause an unnecessary burden on intermarket competition because SPXW and VIX are only traded on CBOE. To the extent that the proposed changes make CBOE a more attractive marketplace for market participants at other exchanges, such market participants are welcome to become CBOE market participants. Additionally, the proposed change to codify in the Fees Schedule the revised definition of a QCC order is not intended for competitive reasons and only applies to CBOE. The Exchange notes that no rights or obligations of Trading Permit Holders are affected by this particular change. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange neither solicited nor received comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A) of the Act \9\ and paragraph (f) of Rule 19b-4 \10\ thereunder. 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 will institute proceedings to determine whether the proposed rule [[Page 77072]] change should be approved or disapproved. --------------------------------------------------------------------------- \9\ 15 U.S.C. 78s(b)(3)(A). \10\ 17 CFR 240.19b-4(f). --------------------------------------------------------------------------- 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-CBOE-2015-109 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-CBOE-2015-109. 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-CBOE-2015-109, and should be submitted on or before January 4, 2016. --------------------------------------------------------------------------- \11\ 17 CFR 200.30-3(a)(12). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\11\ Brent J. Fields, Secretary. [FR Doc. 2015-31178 Filed 12-10-15; 8:45 am] BILLING CODE 8011-01-P
![77070 Federal Register / Vol. 80, No. 238 / Friday, December 11, 2015 / Notices
action is necessary or appropriate in the information that you wish to make proposed rule change. The text of these
public interest, for the protection of available publicly. All submissions statements may be examined at the
investors, or otherwise in furtherance of should refer to File Number SR– places specified in Item IV below. The
the purposes of the Act. If the NYSEARCA–2015–117 and should be Exchange has prepared summaries, set
Commission takes such action, the submitted on or before January 4, 2016. forth in sections A, B, and C below, of
Commission shall institute proceedings For the Commission, by the Division of the most significant aspects of such
under Section 19(b)(2)(B) 20 of the Act to Trading and Markets, pursuant to delegated statements.
determine whether the proposed rule authority.21
A. Self-Regulatory Organization’s
change should be approved or Robert W. Errett, Statement of the Purpose of, and
disapproved. Deputy Secretary. Statutory Basis for, the Proposed Rule
IV. Solicitation of Comments [FR Doc. 2015–31277 Filed 12–10–15; 8:45 am] Change
BILLING CODE 8011–01–P
Interested persons are invited to 1. Purpose
submit written data, views, and
The Exchange proposes to amend its
arguments concerning the foregoing,
SECURITIES AND EXCHANGE Fees Schedule.3 Specifically, the
including whether the proposed rule
COMMISSION Exchange proposes to increase the
change is consistent with the Act.
Comments may be submitted by any of [Release No. 34–76567; File No. SR–CBOE– Customer Priority Surcharge fee
the following methods: 2015–109] assessed to contracts executed in VIX
volatility index options (‘‘VIX options’’)
Electronic Comments Self-Regulatory Organizations; and weekly S&P 500 options (‘‘SPXW
• Use the Commission’s Internet Chicago Board Options Exchange, options’’). Currently, the VIX Customer
comment form (http://www.sec.gov/ Incorporated; Notice of Filing and Priority Surcharge (‘‘VIX Surcharge’’) is
rules/sro.shtml); or Immediate Effectiveness of a Proposed assessed on all Customer (C) VIX
• Send an email to rule-comments@ Rule Change To Amend the Fees contracts executed electronically that
sec.gov. Please include File Number SR– Schedule are Maker and not Market Turner.
NYSEARCA–2015–117 on the subject Additionally, the VIX Surcharge is only
December 7, 2015. assessed on such contracts that have a
line.
Pursuant to Section 19(b)(1) of the premium of $0.11 or greater. The
Paper Comments Securities Exchange Act of 1934 (the Exchange proposes to increase the VIX
• Send paper comments in triplicate ‘‘Act’’),1 and Rule 19b–4 thereunder,2 Surcharge from $0.10 per contract to
to Brent J. Fields, Secretary, Securities notice is hereby given that on November $0.20 per contract on such contracts that
and Exchange Commission, 100 F Street 24, 2015, Chicago Board Options have a premium of $0.11 or greater. The
NE., Washington, DC 20549–1090. Exchange, Incorporated (the ‘‘Exchange’’ SPXW Customer Priority Surcharge
All submissions should refer to File or ‘‘CBOE’’) filed with the Securities (‘‘SPXW Surcharge’’) is currently
Number SR–NYSEARCA–2015–117. and Exchange Commission (the assessed on all Customer (C) SPXW
This file number should be included on ‘‘Commission’’) the proposed rule contracts executed electronically.4 The
the subject line if email is used. To help change as described in Items I, II, and Exchange also proposes to increase the
the Commission process and review III below, which Items have been SPXW Surcharge from $0.05 per
your comments more efficiently, please prepared by the Exchange. The contract to $0.10 per contract.
use only one method. The Commission Commission is publishing this notice to The Exchange also proposes to amend
will post all comments on the solicit comments on the proposed rule the Fees Schedule with respect to the
Commission’s Internet Web site (http:// change from interested persons. Qualified Contingent Cross (‘‘QCC’’)
www.sec.gov/rules/sro.shtml). Copies of I. Self-Regulatory Organization’s Orders Rate Table. By way of
the submission, all subsequent Statement of the Terms of the Substance background, the Fees Schedule
amendments, all written statements of the Proposed Rule Change currently provides for a ‘‘QCC Rate
with respect to the proposed rule Table’’ which sets forth a transaction fee
The Exchange proposes to amend its
change that are filed with the and credit for QCC transactions. In
Fees Schedule. The text of the proposed
Commission, and all written addition, the ‘‘Notes’’ section of the
rule change is available on the
communications relating to the QCC Rate Table includes the definition
Exchange’s Web site (http://
proposed rule change between the of a QCC transaction. Specifically the
www.cboe.com/AboutCBOE/
Commission and any person, other than ‘‘Notes’’ section currently provides that
CBOELegalRegulatoryHome.aspx), at
those that may be withheld from the ‘‘A QCC transaction is comprised of an
the Exchange’s Office of the Secretary,
public in accordance with the ‘initiating order’ to buy (sell) at least
and at the Commission’s Public
provisions of 5 U.S.C. 552, will be 1,000 contracts, coupled with a contra-
Reference Room.
available for Web site viewing and side order to sell (buy) an equal number
printing in the Commission’s Public II. Self-Regulatory Organization’s of contracts . . .’’ The Exchange notes
Reference Section, 100 F Street NE., Statement of the Purpose of, and that it recently amended its QCC rules
Washington, DC 20549–1090. Copies of Statutory Basis for, the Proposed Rule to expand the availability of QCC orders
the filing will also be available for Change
3 The Exchange initially filed the proposed fee
inspection and copying at the NYSE’s In its filing with the Commission, the change on November 2, 2015 (SR–CBOE–2015–
principal office and on its Internet Web
jstallworth on DSK7TPTVN1PROD with NOTICES
Exchange included statements 101). On November 24, 2015, the Exchange
site at www.nyse.com. All comments concerning the purpose of and basis for withdrew that filing and submitted this filing.
received will be posted without change; the proposed rule change and discussed 4 The SPXW Surcharge is not assessed to
the Commission does not edit personal any comments it received on the contracts executed by a floor broker using a PAR
identifying information from terminal or orders in SPXW options in SPXW
electronic book that are executed during opening
submissions. You should submit only 21 17 CFR 200.30–3(a)(12). rotation on the final settlement day of VIX options
1 15 U.S.C. 78s(b)(1). and futures which have the expiration that
20 15 U.S.C. 78s(b)(2)(B). 2 17 CFR 240.19b–4. contribute to the VIX settlement calculation.
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![77072 Federal Register / Vol. 80, No. 238 / Friday, December 11, 2015 / Notices
change should be approved or For the Commission, by the Division of II. Self-Regulatory Organization’s
disapproved. Trading and Markets, pursuant to delegated Statement of the Purpose of, and
authority.11 Statutory Basis for, the Proposed Rule
IV. Solicitation of Comments Brent J. Fields, Change
Secretary.
Interested persons are invited to In its filing with the Commission, the
submit written data, views, and [FR Doc. 2015–31178 Filed 12–10–15; 8:45 am]
Exchange included statements
arguments concerning the foregoing, BILLING CODE 8011–01–P concerning the purpose of and basis for
including whether the proposed rule the proposed rule change and discussed
change is consistent with the Act. any comments it received on the
Comments may be submitted by any of SECURITIES AND EXCHANGE
proposed rule change. The text of these
the following methods: COMMISSION
statements may be examined at the
[Release No. 34–76576; File No. SR–EDGX– places specified in Item IV below. The
Electronic Comments 2015–59] Exchange has prepared summaries, set
• Use the Commission’s Internet forth in Sections A, B, and C below, of
Self-Regulatory Organizations; EDGX the most significant parts of such
comment form (http://www.sec.gov/ Exchange, Inc.; Notice of Filing and
rules/sro.shtml); or statements.
Immediate Effectiveness of a Proposed
• Send an email to rule-comments@ Rule Change To Delete Rule 22.10, (A) Self-Regulatory Organization’s
sec.gov. Please include File Number SR– Limitation on Dealings, Related to the Statement of the Purpose of, and
CBOE–2015–109 on the subject line. EDGX Options Market Statutory Basis for, the Proposed Rule
Change
Paper Comments December 8, 2015.
Pursuant to Section 19(b)(1) of the 1. Purpose
• Send paper comments in triplicate Securities Exchange Act of 1934 (the The Exchange proposes to adopt a
to Secretary, Securities and Exchange ‘‘Act’’),1 and Rule 19b–4 thereunder,2 principles-based approach to prohibit
Commission, 100 F Street NE., notice is hereby given that on December the misuse of material non-public
Washington, DC 20549–1090. 1, 2015, EDGX Exchange, Inc. (the information by Market Makers by
All submissions should refer to File ‘‘Exchange’’ or ‘‘EDGX’’) filed with the deleting Rule 22.10 (Limitations on
Number SR–CBOE–2015–109. This file Securities and Exchange Commission Dealings). In doing so, the Exchange,
number should be included on the (‘‘Commission’’) the proposed rule with regard to EDGX Options, would
subject line if email is used. To help the change as described in Items I and II harmonize its rules governing Market
Commission process and review your below, which Items have been prepared Makers and Options Members that are
comments more efficiently, please use by the Exchange. The Exchange has not Market Makers relating to the
only one method. The Commission will designated this proposal as a ‘‘non- protection against misuse of material,
post all comments on the Commission’s controversial’’ proposed rule change non-public information. The Exchange
Internet Web site (http://www.sec.gov/ pursuant to Section 19(b)(3)(A) of the believes that Rule 22.10 is no longer
rules/sro.shtml). Copies of the Act 3 and Rule 19b–4(f)(6)(iii) necessary because all Options Members,
submission, all subsequent thereunder,4 which renders it effective including Market Makers, are subject to
amendments, all written statements upon filing with the Commission. The the Exchange’s generally applicable
with respect to the proposed rule Commission is publishing this notice to principles-based requirements
change that are filed with the solicit comments on the proposed rule governing the protection against the
Commission, and all written change from interested persons. misuse of material, non-public
communications relating to the information, pursuant to Rule 5.5
I. Self-Regulatory Organization’s
proposed rule change between the (Prevention of the Misuse of Material,
Statement of the Terms of Substance of
Commission and any person, other than Non-Public Information), which
the Proposed Rule Change
those that may be withheld from the obviates the need for separately
public in accordance with the The Exchange filed a proposal for the prescribed requirements for a subset of
provisions of 5 U.S.C. 552, will be EDGX Options Market (‘‘EDGX Exchange participants. Additionally,
available for Web site viewing and Options’’) to adopt a principles-based there is no separate regulatory purpose
printing in the Commission’s Public approach to prohibit the misuse of served by having separate rules for
Reference Room, 100 F Street NE., material nonpublic information by Market Makers. The Exchange notes that
Washington, DC 20549 on official Market Makers by deleting Rule 22.10 this proposed rule change will not
business days between the hours of (Limitations on Dealings). The Exchange decrease the protections against the
10:00 a.m. and 3:00 p.m. Copies of such has designated this proposal as non- misuse of material, non-public
filing also will be available for controversial and provided the information; instead, it is designed to
inspection and copying at the principal Commission with the notice required by provide more flexibility to Options
office of the Exchange. All comments Rule 19b–4(f)(6)(iii) under the Act.5 Members. This is a competitive filing
received will be posted without change; The text of the proposed rule change that is based on a proposal recently
the Commission does not edit personal is available at the Exchange’s Web site submitted by NYSE MKT LLC (‘‘NYSE
identifying information from at www.batstrading.com, at the MKT’’) and approved by the
submissions. You should submit only principal office of the Exchange, and at Commission.6
jstallworth on DSK7TPTVN1PROD with NOTICES
information that you wish to make the Commission’s Public Reference
Room. Background
available publicly. All submissions
should refer to File Number SR–CBOE– The Exchange has two classes of
2015–109, and should be submitted on
1 15 U.S.C. 78s(b)(1). EDGX Options participants.
2 17 CFR 240.19b–4.
or before January 4, 2016. 3 15 U.S.C. 78s(b)(3)(A). 6 See Securities Exchange Act Release No. 75432
4 17 CFR 240.19b–4(f)(6)(iii).
(July 13, 2015), 80 FR 42597 (July 17, 2015) (Order
11 17 CFR 200.30–3(a)(12). 5 17 CFR 240.19b–4(f)(6)(iii). Approving SR–NYSEMKT–2015–23).
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Document Created: 2018-03-02 09:12:49
Document Modified: 2018-03-02 09:12:49
| 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 77070 |
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