81 FR 10943 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 7.44P Retail Liquidity Program
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 41 (March 2, 2016)
Federal Register Volume 81, Issue 41 (March 2, 2016)
| Page Range | 10943-10945 | |
| FR Document | 2016-04506 |
[Federal Register Volume 81, Number 41 (Wednesday, March 2, 2016)] [Notices] [Pages 10943-10945] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-04506] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-77236; File No. SR-NYSEArca-2016-30] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 7.44P Retail Liquidity Program February 25, 2016. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on February 11, 2016, NYSE Arca, Inc. (``Exchange'' or ``NYSE Arca'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I and II 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 Substance of the Proposed Rule Change The Exchange proposes to amend Rule 7.44P (Retail Liquidity Program). 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 Rule 7.44P, which governs the Exchange's Retail Liquidity Program (``Program''), to update the expiration date of the pilot period for the Program and to clarify that Retail Orders may not be designated with a minimum trade size (``MTS''). The pilot period for the Program, which is currently governed by Rule 7.44, is scheduled to expire on March 31, 2016.\3\ When the Exchange filed for the extension of the Program in September 2015, Rule 7.44P, which will govern the Program when the Exchange implements its Pillar trading platform, was not yet approved.\4\ The Exchange proposes a non-substantive, technical amendment to Rule 7.44P(m) to update the date when the pilot period for the Program expires from September 30, 2015, which was the prior pilot expiration date, to March 31, 2016, which is the current pilot expiration date. --------------------------------------------------------------------------- \3\ See NYSE Arca Equities Rule 7.44(m); see also Securities Exchange Act Release No. 75994 (Sept. 28, 2015), 80 FR 59834 (Oct. 2, 2015) (SR-NYSEArca-2015-84) (Notice of Filing). \4\ See Securities Exchange Act Release No. 76267 (Oct. 26, 2015), 80 FR 66951 (Oct. 30, 2015) (SR-NYSEArca-2015-56) (``Pillar Approval Order''). --------------------------------------------------------------------------- The Exchange also proposes to amend Rule 7.44P(k) to clarify that Retail Orders may not be designated with an MTS. Both current Rule 7.44(k) and Rule 7.44P(k), which will be operative once symbols begin migrating to the Pillar trading platform, provide for Retail Orders that may be designated with a time-in-force condition of immediate or cancel (``IOC'').\5\ The Exchange does not currently provide for an optional MTS for Limit Orders designated IOC. Accordingly, currently, under Rule 7.44, Retail Orders designated IOC are also not eligible for an MTS. --------------------------------------------------------------------------- \5\ See NYSE Arca Equities Rules 7.44(k)(1), 7.44(k)(2)(A), 7.44P(k)(1) and 7.44P(k)(2)(A). --------------------------------------------------------------------------- In Pillar, the Exchange will be implementing a substantive difference under Rule 7.31P (Orders and Modifiers) to allow for an optional MTS for Limit Orders designated IOC.\6\ However, the Exchange does not propose a substantive difference to the Program in Pillar to allow Retail Orders that are designated IOC to be designated with an MTS. Accordingly, the Exchange proposes to clarify Rule 7.44P(k) to specify that Retail Orders may not be designated with an MTS. This proposed clarification does not represent a substantive change to the Program because Retail Orders are not currently permitted to be designated with an MTS. The Exchange proposes this rule change to provide greater specificity that the new MTS functionality available for Limit IOC Orders as described in Rule 7.31P(b)(2)(A) would not be available for Retail Orders in the Program, which is current functionality. --------------------------------------------------------------------------- \6\ See Pillar Approval Order, supra note 4 at 66952. See also NYSE Arca Equities Rule 7.31P(b)(2)(A) (defining ``Limit IOC Order'' as being eligible for an optional MTS). --------------------------------------------------------------------------- 2. Statutory Basis The proposed rule change is consistent with Section 6(b) of the Securities Exchange Act of 1934 (the ``Act''),\7\ in general, and furthers the objectives of Section 6(b)(5),\8\ in particular, because it is designed to [[Page 10944]] 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. --------------------------------------------------------------------------- \7\ 15 U.S.C. 78f(b). \8\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- Specifically, the Exchange believes that the proposed amendment to Rule 7.44P(m) to update the expiration date of the pilot period of the Program would remove impediments to and perfect the mechanism of a free and open market and national market system by ensuring that Rule 7.44P(m) reflects the current expiration date of the pilot period of the Program, thus reducing potential investor confusion regarding the actual expiration date for the Program. In addition, the Exchange believes that the proposed amendment to Rule 7.44P(k) to specify that Retail Orders may not be designated with an MTS would remove impediments to and perfect the mechanism of a free and open market and national market system by providing clarification in Exchange rules that one of the new functionalities available for Limit IOC Orders in Pillar would not be available for Retail Orders that are designated IOC. The Exchange believes that the proposed clarification would promote transparency in Exchange rules that current functionality of the Program is not changing and that the new MTS designation that will be available for Limit IOC Orders in Pillar will not be available for Retail Orders. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. The proposed change is not designed to address any competitive issue but rather to make non- substantive amendments to Rule 7.44P to update the expiration date of the pilot period for the Program and to clarify that Retail Orders are not eligible to be designated with an MTS, which is current functionality. 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 Exchange has filed the proposed rule change pursuant to Section 19(b)(3)(A)(iii) of the Act \9\ and Rule 19b-4(f)(6) thereunder.\10\ 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, if consistent with the protection of investors and the public interest, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act \11\ and Rule 19b- 4(f)(6) thereunder.\12\ --------------------------------------------------------------------------- \9\ 15 U.S.C. 78s(b)(3)(A)(iii). \10\ 17 CFR 240.19b-4(f)(6). \11\ 15 U.S.C. 78s(b)(3)(A). \12\ 17 CFR 240.19b-4(f)(6). 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 under Rule 19b-4(f)(6) \13\ normally does not become operative prior to 30 days after the date of the filing. However, pursuant to Rule 19b-4(f)(6)(iii),\14\ the Commission may 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 proposed rule change may become operative immediately on filing. In the filing, the Exchange states that it anticipated beginning the migration of symbols to Pillar on February 22, 2016 and, therefore, the Exchange points out that there would be symbols trading on the Exchange that will no longer governed by Rule 7.44 in less than 30 days from the date of filing of this proposed rule change. The Exchange argues that waiving the operative delay would allow these proposed clarifications to Rule 7.44P to have been operative before February 22, 2016, which the Exchange therefore asserts would reduce the potential for any confusion that may result from having an incorrect expiration date for the pilot period in the rule text or potential uncertainty of whether the new MTS functionality would be available for Retail Orders in the Program. The Commission believes that waiving the operative delay so that the proposed rule change would be operative as of the date of filing--February 11, 2016--would help mitigate any confusion as to which rule text for Rule 7.44P applied at the beginning of the migration of symbols to Pillar and throughout the migration. Accordingly, the Commission believes that waiving the 30-day operative delay is consistent with the protection of investors and the public interest and hereby waives the 30-day operative delay and designates the proposal operative upon filing.\15\ --------------------------------------------------------------------------- \13\ 17 CFR 240.19b-4(f)(6). \14\ 17 CFR 240.19b-4(f)(6)(iii). \15\ For purposes only of waiving the 30-day operative delay, the Commission has 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 change should be approved or 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 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-NYSEArca-2016-30 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-NYSEArca-2016-30. 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 [[Page 10945]] change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission's Public Reference Room, 100 F Street NE., Washington, DC 20549 on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing 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-NYSEArca-2016-30, and should be submitted on or before March 23, 2016. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\16\ --------------------------------------------------------------------------- \16\ 17 CFR 200.30-3(a)(12), (59). --------------------------------------------------------------------------- Robert W. Errett, Deputy Secretary. [FR Doc. 2016-04506 Filed 3-1-16; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 81, No. 41 / Wednesday, March 2, 2016 / Notices 10943
conditions 1 and 2 set forth in the Class (‘‘Act’’),1 and Rule 19b–4 thereunder,2 was not yet approved.4 The Exchange
Relief Letter. notice is hereby given that on February proposes a non-substantive, technical
It is further ordered, pursuant to Rule 11, 2016, NYSE Arca, Inc. (‘‘Exchange’’ amendment to Rule 7.44P(m) to update
10b–10(f) of the Exchange Act, based on or ‘‘NYSE Arca’’) filed with the the date when the pilot period for the
the representations and facts presented Securities and Exchange Commission Program expires from September 30,
in the Letter and subject to the (‘‘Commission’’) the proposed rule 2015, which was the prior pilot
conditions discussed above and below, change as described in Items I and II expiration date, to March 31, 2016,
that broker-dealers may omit from the below, which Items have been prepared which is the current pilot expiration
confirmation of statements of creation by the Exchange. The Commission is date.
and redemption transactions the publishing this notice to solicit The Exchange also proposes to amend
identity, price, and number of shares of comments on the proposed rule change Rule 7.44P(k) to clarify that Retail
each of the Deposit Instruments or from interested persons. Orders may not be designated with an
Redemption Instruments tendered or MTS. Both current Rule 7.44(k) and
received by the customer. I. Self-Regulatory Organization’s
Rule 7.44P(k), which will be operative
This exemptive relief is subject to Statement of the Terms of Substance of
once symbols begin migrating to the
modification or revocation at any time the Proposed Rule Change
Pillar trading platform, provide for
the Commission determines that such The Exchange proposes to amend Retail Orders that may be designated
action is necessary or appropriate in Rule 7.44P (Retail Liquidity Program). with a time-in-force condition of
furtherance of the purposes of the The proposed rule change is available immediate or cancel (‘‘IOC’’).5 The
Exchange Act. Persons relying upon this on the Exchange’s Web site at Exchange does not currently provide for
exemptive relief shall discontinue www.nyse.com, at the principal office of an optional MTS for Limit Orders
transactions involving the Shares of the the Exchange, and at the Commission’s designated IOC. Accordingly, currently,
Fund, pending presentation of the facts Public Reference Room. under Rule 7.44, Retail Orders
for the Commission’s consideration, in designated IOC are also not eligible for
the event that any material change II. Self-Regulatory Organization’s
Statement of the Purpose of, and an MTS.
occurs with respect to any of the facts In Pillar, the Exchange will be
or representations made by the Statutory Basis for, the Proposed Rule
Change implementing a substantive difference
Requestors. In addition, persons relying under Rule 7.31P (Orders and
on this exemption are directed to the In its filing with the Commission, the Modifiers) to allow for an optional MTS
anti-fraud and anti-manipulation self-regulatory organization included for Limit Orders designated IOC.6
provisions of the Exchange Act, statements concerning the purpose of, However, the Exchange does not
particularly Sections 9(a) and 10(b), and and basis for, the proposed rule change propose a substantive difference to the
Rule 10b–5 thereunder. Responsibility and discussed any comments it received Program in Pillar to allow Retail Orders
for compliance with these and any other on the proposed rule change. The text that are designated IOC to be designated
applicable provisions of the federal of those statements may be examined at with an MTS. Accordingly, the
securities laws must rest with the the places specified in Item IV below. Exchange proposes to clarify Rule
persons relying on these exemptions. The Exchange has prepared summaries, 7.44P(k) to specify that Retail Orders
This order should not be considered a set forth in sections A, B, and C below, may not be designated with an MTS.
view with respect to any other question of the most significant parts of such This proposed clarification does not
that the proposed transactions may statements. represent a substantive change to the
raise, including, but not limited to the
A. Self-Regulatory Organization’s Program because Retail Orders are not
adequacy of the disclosure concerning,
and the applicability of other federal or Statement of the Purpose of, and the currently permitted to be designated
state laws to, the proposed transactions. Statutory Basis for, the Proposed Rule with an MTS. The Exchange proposes
Change this rule change to provide greater
For the Commission, by the Division of specificity that the new MTS
Trading and Markets, pursuant to delegated 1. Purpose functionality available for Limit IOC
authority.14
The Exchange proposes to amend Orders as described in Rule
Brent J. Fields,
Rule 7.44P, which governs the 7.31P(b)(2)(A) would not be available
Secretary. for Retail Orders in the Program, which
Exchange’s Retail Liquidity Program
[FR Doc. 2016–04527 Filed 3–1–16; 8:45 am] (‘‘Program’’), to update the expiration is current functionality.
BILLING CODE 8011–01–P date of the pilot period for the Program 2. Statutory Basis
and to clarify that Retail Orders may not
be designated with a minimum trade The proposed rule change is
SECURITIES AND EXCHANGE consistent with Section 6(b) of the
size (‘‘MTS’’).
COMMISSION The pilot period for the Program, Securities Exchange Act of 1934 (the
[Release No. 34–77236; File No. SR– which is currently governed by Rule ‘‘Act’’),7 in general, and furthers the
NYSEArca–2016–30] 7.44, is scheduled to expire on March objectives of Section 6(b)(5),8 in
31, 2016.3 When the Exchange filed for particular, because it is designed to
Self-Regulatory Organizations; NYSE the extension of the Program in
Arca, Inc.; Notice of Filing and September 2015, Rule 7.44P, which will 4 See Securities Exchange Act Release No. 76267
Immediate Effectiveness of Proposed govern the Program when the Exchange
(Oct. 26, 2015), 80 FR 66951 (Oct. 30, 2015) (SR–
mstockstill on DSK4VPTVN1PROD with NOTICES
Rule Change Amending Rule 7.44P NYSEArca–2015–56) (‘‘Pillar Approval Order’’).
implements its Pillar trading platform, 5 See NYSE Arca Equities Rules 7.44(k)(1),
Retail Liquidity Program 7.44(k)(2)(A), 7.44P(k)(1) and 7.44P(k)(2)(A).
1 15 U.S.C. 78s(b)(1). 6 See Pillar Approval Order, supra note 4 at
February 25, 2016.
2 17 CFR 240.19b–4. 66952. See also NYSE Arca Equities Rule
Pursuant to Section 19(b)(1) of the 3 See NYSE Arca Equities Rule 7.44(m); see also 7.31P(b)(2)(A) (defining ‘‘Limit IOC Order’’ as being
Securities Exchange Act of 1934 Securities Exchange Act Release No. 75994 (Sept. eligible for an optional MTS).
7 15 U.S.C. 78f(b).
28, 2015), 80 FR 59834 (Oct. 2, 2015) (SR–
14 17 CFR 200.30–3(a)(6), (9), (32), and (62). NYSEArca–2015–84) (Notice of Filing). 8 15 U.S.C. 78f(b)(5).
VerDate Sep<11>2014 19:10 Mar 01, 2016 Jkt 238001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 E:\FR\FM\02MRN1.SGM 02MRN1](https://thefederalregister.org/doc/81_FR_10984/page/1.svg)
![Federal Register / Vol. 81, No. 41 / Wednesday, March 2, 2016 / Notices 10945
change that are filed with the I. Self-Regulatory Organization’s and accurate understanding of the
Commission, and all written Statement of the Terms of Substance of meaning of the Exchange’s rules. By
communications relating to the the Proposed Rule Change making clerical corrections, the
proposed rule change between the The Exchange proposes to amend Exchange is eliminating any potential
Commission and any person, other than Rule 7310 (Drill-Through Protection) to for confusion by simplifying the
those that may be withheld from the make clerical corrections to the BOX Exchange Rules and ensuring that
public in accordance with the Rulebook. The text of the proposed rule Participants, regulators and the public
provisions of 5 U.S.C. 552, will be change is available from the principal can more easily navigate the Exchange’s
available for Web site viewing and office of the Exchange, at the Rulebook. The Exchange believes that
printing in the Commission’s Public Commission’s Public Reference Room the proposed rule change is not unfairly
Reference Room, 100 F Street NE., and also on the Exchange’s Internet Web discriminatory because it treats all
Washington, DC 20549 on official market participants equally and will not
site at http://boxexchange.com.
business days between the hours of have an adverse impact on any market
10:00 a.m. and 3:00 p.m. Copies of the II. Self-Regulatory Organization’s participant.
filing also will be available for Statement of the Purpose of, and
B. Self-Regulatory Organization’s
inspection and copying at the principal Statutory Basis for, the Proposed Rule
Statement on Burden on Competition
office of the Exchange. All comments Change
The Exchange does not believe that
received will be posted without change; In its filing with the Commission, the
this proposed rule change would
the Commission does not edit personal self-regulatory organization included impose any burden on competition not
identifying information from statements concerning the purpose of, necessary or appropriate in furtherance
submissions. You should submit only and basis for, the proposed rule change of the purposes of the Act. The
information that you wish to make and discussed any comments it received proposed change is not designed to
available publicly. All submissions on the proposed rule change. The text address any competitive issue but rather
should refer to File Number SR– of these statements may be examined at to correct clerical errors in BOX Rule
NYSEArca–2016–30, and should be the places specified in Item IV below. 7310, thereby reducing confusion and
submitted on or before March 23, 2016. The self-regulatory organization has making the Exchange’s rules easier to
For the Commission, by the Division of prepared summaries, set forth in understand and navigate. The Exchange
Trading and Markets, pursuant to delegated Sections A, B, and C below, of the most believes that the proposed rule change
authority.16 significant aspects of such statements. will serve to promote regulatory clarity
Robert W. Errett, A. Self-Regulatory Organization’s and consistency, thereby reducing
Deputy Secretary. Statement of the Purpose of, and burdens on the marketplace and
Statutory Basis for, the Proposed Rule facilitating investor protection.
[FR Doc. 2016–04506 Filed 3–1–16; 8:45 am]
Change C. Self-Regulatory Organization’s
BILLING CODE 8011–01–P
1. Purpose Statement on Comments on the
Proposed Rule Change Received From
The purpose of the proposed rule Members, Participants, or Others
SECURITIES AND EXCHANGE change is to amend Rule 7310 (Drill-
COMMISSION Through Protection) to make clerical The Exchange has neither solicited
corrections to the BOX Rulebook. nor received comments on the proposed
[Release No. 34–77229; File No. SR–BOX– The Exchange proposes to amend rule change.
2016–10] Rule 7310 (Drill-Through Protection) to III. Date of Effectiveness of the
make clerical corrections. Specifically, Proposed Rule Change and Timing for
Self-Regulatory Organizations; BOX in Rule 7310, regarding the Interpretive Commission Action
Options Exchange LLC; Notice of Materials, the Exchange proposes to
Filing and Immediate Effectiveness of The Exchange has filed the proposed
replace the inaccurate numbering of the
a Proposed Rule Change To Make Non- rule change pursuant to Section
Interpretive Materials from ‘‘IM–7300–
Controversial and Clerical 19(b)(3)(A)(iii) of the Act 5 and Rule
1’’ and ‘‘IM–7300–2’’ to ‘‘IM–7310–1’’
Amendments to Its Rules 19b–4(f)(6) thereunder.6 Because the
and ‘‘IM–7310–2’’ respectively.
proposed rule change does not: (i)
February 25, 2016. 2. Statutory Basis Significantly affect the protection of
Pursuant to Section 19(b)(1) of the The Exchange believes that the investors or the public interest; (ii)
Securities Exchange Act of 1934 proposal is consistent with the impose any significant burden on
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 requirements of Section 6(b) of the Act,3 competition; and (iii) become operative
notice is hereby given that on February in general, and Section 6(b)(5) of the prior to 30 days from the date on which
18, 2016, BOX Options Exchange LLC Act,4 in particular, that it is designed to it was filed, or such shorter time as the
(the ‘‘Exchange’’) filed with the promote just and equitable principles of Commission may designate, if
Securities and Exchange Commission trade, remove impediments to and consistent with the protection of
(‘‘Commission’’) the proposed rule perfect the mechanism of a free and investors and the public interest, the
change as described in Items I and II open market and a national market proposed rule change has become
below, which Items have been prepared effective pursuant to Section 19(b)(3)(A)
system, and, in general protect investors
mstockstill on DSK4VPTVN1PROD with NOTICES
by the self-regulatory organization. The and the public interest. The Exchange 5 15 U.S.C. 78s(b)(3)(A)(iii).
Commission is publishing this notice to believes it is appropriate to make these 6 17 CFR 240.19b–4(f)(6). As required under Rule
solicit comments on the proposed rule non-controversial and clerical 19b–4(f)(6)(iii), the Exchange provided the
from interested persons. corrections to its rules so that Exchange Commission with written notice of its intent to file
participants and investors have a clear the proposed rule change, along with a brief
description and the text of the proposed rule
16 17 CFR 200.30–3(a)(12), (59). change, at least five business days prior to the date
1 15 U.S.C. 78s(b)(1). 3 15 U.S.C. 78f(b). of filing of the proposed rule change, or such
2 17 CFR 240.19b–4. 4 15 U.S.C. 78f(b)(5). shorter time as designated by the Commission.
VerDate Sep<11>2014 19:10 Mar 01, 2016 Jkt 238001 PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 E:\FR\FM\02MRN1.SGM 02MRN1](https://thefederalregister.org/doc/81_FR_10984/page/3.svg)
Document Created: 2018-02-02 15:04:04
Document Modified: 2018-02-02 15:04:04
| 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 | 81 FR 10943 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR