80 FR 8716 - Sunshine Act Meeting

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 32 (February 18, 2015)

Page Range		8716-8716
FR Document		2015-03405

Federal Register, Volume 80 Issue 32 (Wednesday, February 18, 2015)

[Federal Register Volume 80, Number 32 (Wednesday, February 18, 2015)]
[Notices]
[Page 8716]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-03405]



[[Page 8716]]

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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Public Law 94-409, that the Securities 
and Exchange Commission will hold a Closed Meeting on Thursday, 
February 19, 2015 at 2:00 p.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the Closed Meeting. 
Certain staff members who have an interest in the matters also may be 
present.
    The General Counsel of the Commission, or her designee, has 
certified that, in her opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR 
200.402(a)(3), (5), (7), 9(ii) and (10), permit consideration of the 
scheduled matter at the Closed Meeting.
    Commissioner Piwowar, as duty officer, voted to consider the items 
listed for the Closed Meeting in closed session.
    The subject matter of the Closed Meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings; and
    Other matters relating to enforcement proceedings.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.
    For further information and to ascertain what, if any, matters have 
been added, deleted or postponed, please contact the Office of the 
Secretary at (202) 551-5400.

    Dated: February 12, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-03405 Filed 2-13-15; 11:15 am]
BILLING CODE 8011-01-P

8716 Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices

SECURITIES AND EXCHANGE ‘‘Act’’),1 and Rule 19b–4 thereunder,2 below. Earlier this year, the Exchange
COMMISSION notice is hereby given that on January and its affiliate, EDGA Exchange, Inc.
30, 2015, EDGX Exchange, Inc. (the (‘‘EDGA’’), received approval to effect a
Sunshine Act Meeting ‘‘Exchange’’ or ‘‘EDGX’’) filed with the merger (the ‘‘Merger’’) of the Exchange’s
Securities and Exchange Commission parent company, Direct Edge Holdings
Notice is hereby given, pursuant to (‘‘Commission’’) the proposed rule LLC, with BATS Global Markets, Inc.,
the provisions of the Government in the change as described in Items I and II the parent of BZX and BYX (together
Sunshine Act, Public Law 94–409, that below, which Items have been prepared with BZX, EDGA, and EDGX, the ‘‘BGM
the Securities and Exchange by the Exchange. The Exchange has Affiliated Exchanges’’).5 In the context
Commission will hold a Closed Meeting designated this proposal as a ‘‘non- of the Merger, the BGM Affiliated
on Thursday, February 19, 2015 at 2:00 controversial’’ proposed rule change Exchanges are working to align certain
p.m. pursuant to Section 19(b)(3)(A) of the system and regulatory functionality,
Commissioners, Counsel to the Act 3 and Rule 19b–4(f)(6)(iii) retaining only intended differences
Commissioners, the Secretary to the thereunder,4 which renders it effective between the BGM Affiliated Exchanges.
Commission, and recording secretaries upon filing with the Commission. The Thus, the proposal set forth below is
will attend the Closed Meeting. Certain Commission is publishing this notice to intended to amend Rules 1.5, 2.3, 2.5,
staff members who have an interest in solicit comments on the proposed rule and 2.6 to make such Rules
the matters also may be present. change from interested persons. substantively identical to corresponding
The General Counsel of the rules on BZX and BYX 6 related to
Commission, or her designee, has I. Self-Regulatory Organization’s
registration requirements in order to
certified that, in her opinion, one or Statement of the Terms of Substance of
provide a consistent regulatory
more of the exemptions set forth in 5 the Proposed Rule Change
approach across each of the BGM
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) The Exchange filed a proposal to Affiliated Exchanges.7
and 17 CFR 200.402(a)(3), (5), (7), 9(ii) amend Rules 1.5, 2.3, 2.5, and 2.6 Currently, Rule 1.5(n) defines the
and (10), permit consideration of the related to the registration requirements term ‘‘Member’’ as meaning any
scheduled matter at the Closed Meeting. for Members of the Exchange. registered broker or dealer, or any
Commissioner Piwowar, as duty The text of the proposed rule change person associated with a registered
officer, voted to consider the items is available at the Exchange’s Web site broker or dealer, that has been admitted
listed for the Closed Meeting in closed at www.batstrading.com, at the to membership in the Exchange. A
session. principal office of the Exchange, and at Member will have the status of a
The subject matter of the Closed the Commission’s Public Reference ‘‘member’’ of the Exchange as that term
Meeting will be: Room. is defined in Section 3(a)(3) of the Act.
Institution and settlement of The Exchange is proposing, however, to
injunctive actions; II. Self-Regulatory Organization’s
Statement of the Purpose of, and delete ‘‘or any person associated with a
Institution and settlement of
Statutory Basis for, the Proposed Rule registered broker or dealer’’ from the
administrative proceedings; and rule text, as such phrase is not
Other matters relating to enforcement Change
contained in corresponding BZX and
proceedings. In its filing with the Commission, the
At times, changes in Commission BYX rules (i.e., Rule 1.5(n)) and because
Exchange included statements the Exchange no longer believes that
priorities require alterations in the concerning the purpose of and basis for
scheduling of meeting items. this language is necessary. The
the proposed rule change and discussed Exchange is also proposing to amend
For further information and to any comments it received on the
ascertain what, if any, matters have been the rule text such that Membership may
proposed rule change. The text of these be granted to a sole proprietor,
added, deleted or postponed, please statements may be examined at the
contact the Office of the Secretary at partnership, corporation, limited
places specified in Item IV below. The liability company or other organization
(202) 551–5400. Exchange has prepared summaries, set which is a registered broker or dealer
Dated: February 12, 2015. forth in Sections A, B, and C below, of pursuant to Section 15 of the Act, and
Brent J. Fields, the most significant parts of such which has been approved by the
Secretary. statements. Exchange, language which is currently
[FR Doc. 2015–03405 Filed 2–13–15; 11:15 am] A. Self-Regulatory Organization’s included in Rule 2.3(a), which, as
BILLING CODE 8011–01–P Statement of the Purpose of, and described below, the Exchange is
Statutory Basis for, the Proposed Rule proposing to delete in order to further
Change align Exchange rules with BZX and BYX
SECURITIES AND EXCHANGE 1.5(n).
COMMISSION 1. Purpose The Exchange is also proposing to
[Release No. 34–74255; File No. SR–EDGX– The Exchange proposes to amend the delete the definition of ‘‘Principal’’ from
2015–06] various Exchange rules related to the Rule 1.5(t), which will instead be
registration requirements on the defined in the proposed changes to
Self-Regulatory Organizations; EDGX Exchange in order to make the paragraph (d) of Interpretation and
Exchange, Inc.; Notice of Filing and Exchange’s registration requirements Policy .01 to Rule 2.5, which are further
Immediate Effectiveness of a Proposed substantively identical to the described below. Currently, the term
emcdonald on DSK67QTVN1PROD with NOTICES

Rule Change to Rules 1.5, 2.3, 2.5, and corresponding rules on BATS Exchange,
5 See Securities Exchange Act Release No. 71449
2.6 Related to the Registration Inc. (‘‘BZX’’) and BATS Y–Exchange,
(January 30, 2014), 79 FR 6961 (February 5, 2014)
Requirements for Members of EDGX Inc. (‘‘BYX’’), as further described (SR–EDGX–2013–043; SR–EDGA–2013–034).
Exchange, Inc. 6 See BZX and BYX Rules 1.5, 2.3, 2.5, and 2.6.
1 15 U.S.C. 78s(b)(1). 7 The Exchange notes that EDGA intends to file
February 11, 2015. 2 17 CFR 240.19b–4. a proposal very similar to this proposal that will
Pursuant to Section 19(b)(1) of the 3 15 U.S.C. 78s(b)(3)(A).
align the rules related to registration requirements
Securities Exchange Act of 1934 (the 4 17 CFR 240.19b–4(f)(6)(iii). across each of the BGM Affiliated Exchanges.

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Document Created: 2018-02-16 11:10:56
Document Modified: 2018-02-16 11:10:56

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 8716