81 FR 11870 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Exchange Rule 7.21, Obligations of Market Maker Authorized Traders
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 44 (March 7, 2016)
Federal Register Volume 81, Issue 44 (March 7, 2016)
| Page Range | 11870-11872 | |
| FR Document | 2016-04911 |
[Federal Register Volume 81, Number 44 (Monday, March 7, 2016)] [Notices] [Pages 11870-11872] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-04911] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-77268; File No. SR-NYSEARCA-2016-36] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Exchange Rule 7.21, Obligations of Market Maker Authorized Traders March 1, 2016. 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 February 22, 2016, NYSE Arca, Inc. (the ``Exchange'' or ``NYSE Arca'') filed with the Securities and Exchange Commission (the ``Commission'') the proposed rule change as described in Items I, II, and III below, of which Items I and II have been prepared by the self- regulatory organization. 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\ 15 U.S.C. 78a. \3\ 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 Exchange Rule 7.21, Obligations of Market Maker Authorized Traders. 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 recently amended its rules to prescribe the Securities Traders examination (Series 57) (the ``Series 57 Examination'') as the qualifying examination for employees of ETP Holders (``Member'') engaged solely in proprietary trading.\4\ Under current rules, Securities Traders and Market Maker Authorized Traders (``MMATs'') essentially perform similar functions. In the Series 57 Filing, which, among other things, amended Exchange rules regarding the registration requirements for Securities Traders, the Exchange also intended to amend Rule 7.21 to amend the registration requirements for MMATs but inadvertently failed to do so. The Exchange is now proposing to amend Rule 7.21 so that the registration requirements applicable to MMATs are the same as those imposed on Securities Traders. Specifically, Rule 7.21(b)(2) states that to be eligible for registration [[Page 11871]] as a MMAT, a person must successfully complete the General Securities Representative Examination (Series 7) and complete a training and certification program sponsored by the Corporation.\5\ The rule further provides that the examination requirement may be waived if an applicant MMAT has served as a dealer-specialist or market maker on a registered national securities exchange for at least two consecutive years within three years of the date of the application.\6\ The Exchange does not intend to impose different registration requirements on MMATs than are required of Securities Traders. In order to satisfy the registration requirement, Securities Traders are required to successfully complete the Series 57 Examination.\7\ The proposed amendment to Rule 7.21(b) would ensure that MMATs would also be required to successfully complete the Series 57 Examination in order to satisfy the Exchange's registration requirement. --------------------------------------------------------------------------- \4\ See Securities Exchange Act Release No. 76578 (December 8, 2015), 80 FR 77068 (December 11, 2015) (SR-NYSEArca-2015-117) (``Series 57 Filing''). \5\ See Rule 7.21(b). \6\ Id. \7\ See Rule 2.21. --------------------------------------------------------------------------- The Exchange intends to announce the implementation date of the Series 57 registration requirement in a notice to members to be issued no later than 30 days after the effective date of the proposed rule change. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Securities Exchange Act of 1934 (``Act''),\8\ in general, and furthers the objectives of Section 6(c)(3)(B) \9\ of the Act, pursuant to which a national securities exchange prescribes standards of training, experience and competence for members and their associated persons, and Section 6(b)(5) \10\ of the Act, in particular, in that it is designed, among other things, to promote just and equitable principles of trade, 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 proposed rule change, which would ensure that Securities Traders and MMATs are not subject to different registration requirements, is designed to maintain consistency in the Exchange's rules, which would promote just and equitable principles of trade and remove impediments to a free and open market. The Exchange believes that the proposed rule change to make the Series 57 Examination the qualifying exam for registration as a MMAT is appropriate because the Series 57 Examination addresses industry topics that establish the foundation for the regulatory and procedural knowledge necessary for MMATs to appropriately register under Exchange rules. --------------------------------------------------------------------------- \8\ 15 U.S.C. 78f(b). \9\ 15 U.S.C. 78f(c)(3)(B). \10\ 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 not necessary or appropriate in furtherance of the purposes of the Act. The proposed rule change does not impose any additional examination burdens on persons who are already registered. There is no obligation to take the Series 57 examination in order to continue in their present duties, so the proposed rule change is not expected to disadvantage current registered persons relative to new entrants in this regard. 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 \11\ and Rule 19b-4(f)(6) thereunder.\12\ 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 prior to 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 and Rule 19b- 4(f)(6)(iii) thereunder. --------------------------------------------------------------------------- \11\ 15 U.S.C. 78s(b)(3)(A)(iii). \12\ 17 CFR 240.19b-4(f)(6). --------------------------------------------------------------------------- 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 proposal may become operative upon filing. The Exchange has stated that the proposed rule change promotes uniformity in registration requirements on the Exchange and that waiver of the operative delay would allow the Exchange to immediately create consistency in its rules. Waiving the operative delay would enable the Exchange to have and enforce the same examination requirement for MMATs as for securities traders, which the Exchange represents engage in the same activity, therefore the Commission believes that waiving the 30-day operative delay is consistent with the protection of investors and the public interest. Therefore, the Commission hereby waives the thirty-day operative delay.\15\ --------------------------------------------------------------------------- \13\ 17 CFR 240.19b-4(f)(6). \14\ 17 CFR 240.19b-4(f)(6)(iii). \15\ For purposes 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 such 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 under Section 19(b)(2)(B)\16\ of the Act to determine whether the proposed rule change should be approved or disapproved. --------------------------------------------------------------------------- \16\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- 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-2016-36 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-NYSEARCA-2016-36. This file number should be included on the subject line if email is used. To help the [[Page 11872]] 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 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-2016-36 and should be submitted on or before March 28, 2016. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\17\ Robert W. Errett, Deputy Secretary. --------------------------------------------------------------------------- \17\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- [FR Doc. 2016-04911 Filed 3-4-16; 8:45 am] BILLING CODE 8011-01-P
![11870 Federal Register / Vol. 81, No. 44 / Monday, March 7, 2016 / Notices
reporting of Manual Order Events.273 is granting the relief requested in the Items I, II, and III below, of which Items
The Commission believes that it is Exemption Request. I and II have been prepared by the self-
appropriate to provide sufficient It is hereby ordered, pursuant to regulatory organization. The
flexibility so as not to preclude the Section 36 of the Exchange Act 277 and Commission is publishing this notice to
approach described by the SROs in the with respect to the proposed approaches solicit comments on the proposed rule
Exemption Request. specifically described above, that the change from interested persons.
Based on the information provided by SROs are exempted from the following
provisions of Rule 613: (1) for the I. Self-Regulatory Organization’s
the SROs in the Exemption Request, the Statement of the Terms of Substance of
Commission is persuaded to grant reporting of options market maker
quotations, Rule 613(c)(7)(ii) and the Proposed Rule Change
exemptive relief to provide flexibility
(iv); 278 (2) for the reporting and use of The Exchange proposes to amend
such that the alternative approach to
the Customer-ID, Rule 613(c)(7)(i)(A), Exchange Rule 7.21, Obligations of
increment time stamps for capturing
(iv)(F), (viii)(B) and (c)(8); 279 (3) for the Market Maker Authorized Traders. The
Manual Order Events described in the
reporting of the CAT-Reporter-ID with proposed rule change is available on the
Exemption Request can be included in
respect to broker-dealer CAT Reporters, Exchange’s Web site at www.nyse.com,
the CAT NMS Plan and subject to notice
Rule 613(c)(7)(i)(C), (ii)(D), (ii)(E), at the principal office of the Exchange,
and comment. The Commission notes
(iii)(D), (iii)(E), (iv)(F), (v)(F), (vi)(B), and at the Commission’s Public
that the time stamp process for Manual
and (c)(8); 280 (4) for the linking of Reference Room.
Order Events may likely be inherently
executions to specific subaccount
imprecise due to the nature of the II. Self-Regulatory Organization’s
allocations, Rule 613(c)(7)(vi)(A); 281
manual recording process. Statement of the Purpose of, and
and (5) for time stamp granularity, Rule
Therefore, the Commission finds that Statutory Basis for, the Proposed Rule
613(c)(7)(i)(E), (ii)(C), (iii)(C), (iv)(C),
it is appropriate in the public interest Change
and (d)(3).282
and consistent with the protection of In its filing with the Commission, the
By the Commission.
investors to exempt the SROs from Rule self-regulatory organization included
613(c)(7)(i)(E), 613(c)(7)(ii)(C), Robert W. Errett,
statements concerning the purpose of,
613(c)(7)(iii)(C), 613(c)(7)(iv)(C), and Deputy Secretary.
and basis for, the proposed rule change
613(d)(3).274 The Commission notes that [FR Doc. 2016–04910 Filed 3–4–16; 8:45 am] and discussed any comments it received
the proposed approach described in the BILLING CODE 8011–01–P on the proposed rule change. The text
Exemption Request would require that: of those statements may be examined at
(1) Manual Order Events be recorded the places specified in Item IV below.
and reported with granularity to the SECURITIES AND EXCHANGE The Exchange has prepared summaries,
second, with the exception for system COMMISSION set forth in sections A, B, and C below,
outages that prevent a floor broker from [Release No. 34–77268; File No. SR– of the most significant parts of such
systemizing an order, in which case the NYSEARCA–2016–36] statements.
requirement for recording of the manual
time stamp will be made within a Self-Regulatory Organizations; NYSE A. Self-Regulatory Organization’s
reasonable time frame basis after the Arca, Inc.; Notice of Filing and Statement of the Purpose of, and the
fact; (2) Manual Order Events be Immediate Effectiveness of Proposed Statutory Basis for, the Proposed Rule
identified as such in the CAT; and (3) Rule Change To Amend Exchange Change
the Electronic Capture of Manual Order Rule 7.21, Obligations of Market Maker 1. Purpose
Events be recorded and reported to the Authorized Traders
The Exchange recently amended its
millisecond.275 March 1, 2016. rules to prescribe the Securities Traders
III. Conclusion Pursuant to Section 19(b)(1) 1 of the examination (Series 57) (the ‘‘Series 57
Securities Exchange Act of 1934 (the Examination’’) as the qualifying
Section 36 of the Exchange Act 276 ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 examination for employees of ETP
authorizes the Commission, by rule, notice is hereby given that, on February Holders (‘‘Member’’) engaged solely in
regulation, or order, to exempt, either 22, 2016, NYSE Arca, Inc. (the proprietary trading.4 Under current
conditionally or unconditionally, any ‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with rules, Securities Traders and Market
person, security, or transaction, or any the Securities and Exchange Maker Authorized Traders (‘‘MMATs’’)
class or classes of persons, securities, or Commission (the ‘‘Commission’’) the essentially perform similar functions. In
transactions, from any provision or proposed rule change as described in the Series 57 Filing, which, among other
provisions of the Exchange Act or any things, amended Exchange rules
rule or regulation thereunder, to the 277 Id.
regarding the registration requirements
extent that such exemption is necessary 278 17 CFR 242.613(c)(7)(ii); 17 CFR
for Securities Traders, the Exchange also
or appropriate in the public interest, 242.613(c)(7)(iv).
intended to amend Rule 7.21 to amend
279 17 CFR 242.613(c)(7)(i)(A); 17 CFR
and is consistent with the protection of the registration requirements for
242.613(c)(7)(iv)(F); 17 CFR 242.613(c)(7)(viii)(B);
investors. For the reasons discussed 17 CFR 242.613(c)(8). MMATs but inadvertently failed to do
throughout this Order, the Commission 280 17 CFR 242.613(c)(7)(i)(C); 17 CFR so. The Exchange is now proposing to
242.613(c)(7)(ii)(D); 17 CFR 242.613(c)(7)(ii)(E); 17 amend Rule 7.21 so that the registration
asabaliauskas on DSK3SPTVN1PROD with NOTICES
273 17 CFR 242.613(c)(7)(i)(E), (c)(7)(ii)(C), CFR 242.613(c)(7)(iii)(D); 17 CFR
242.613(c)(7)(iii)(E); 17 CFR 242.613(c)(7)(iv)(F); 17
requirements applicable to MMATs are
(c)(7)(iii)(C), (c)(7)(iv)(C), and (d)(3).
274 17 CFR 242.613(c)(7)(i)(E), (c)(7)(ii)(C), CFR 242.613(c)(7)(v)(F); 17 CFR the same as those imposed on Securities
(c)(7)(iii)(C), (c)(7)(iv)(C), and (d)(3). 242.613(c)(7)(vi)(B); and 17 CFR 242.613(c)(8). Traders. Specifically, Rule 7.21(b)(2)
275 See Exemption Request Letter, supra note 5,
281 17 CFR 242.613(c)(7)(iv)(A).
states that to be eligible for registration
282 17 CFR 242.613(c)(7)(i)(E), (c)(7)(ii)(C),
at 34 (defining ‘‘Electronic Capture’’ as when a
Manual Order Event is captured electronically in (c)(7)(iii)(C), (c)(7)(iv)(C), and (d)(3). 4 See Securities Exchange Act Release No. 76578
1 15 U.S.C. 78s(b)(1).
the relevant order handling and execution system (December 8, 2015), 80 FR 77068 (December 11,
of the CAT Reporter). 2 15 U.S.C. 78a.
2015) (SR–NYSEArca–2015–117) (‘‘Series 57
276 15 U.S.C. 78mm. 3 17 CFR 240.19b–4. Filing’’).
VerDate Sep<11>2014 18:37 Mar 04, 2016 Jkt 238001 PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 E:\FR\FM\07MRN1.SGM 07MRN1](https://thefederalregister.org/doc/81_FR_11914/page/1.svg)
![11872 Federal Register / Vol. 81, No. 44 / Monday, March 7, 2016 / Notices
Commission process and review your members accessing the Exchange. The SECURITIES AND EXCHANGE
comments more efficiently, please use proposed rule change was published for COMMISSION
only one method. The Commission will comment in the Federal Register on [Release No. 34–77256; File No. SR–BATS–
post all comments on the Commission’s February 5, 2016.3 The Commission 2016–23]
Internet Web site (http://www.sec.gov/ received no comment letters on the
rules/sro.shtml). Copies of the proposal. On February 26, 2016, the Self-Regulatory Organizations; Bats
submission, all subsequent Exchange withdrew the proposed rule BZX Exchange, Inc.; Notice of Filing
amendments, all written statements change. and Immediate Effectiveness of a
with respect to the proposed rule Proposed Rule Change Related to Fees
change that are filed with the For the Commission, by the Division of
as They Apply to the Equity Options
Commission, and all written Trading and Markets, pursuant to delegated
Platform
communications relating to the authority.4
proposed rule change between the Robert W. Errett, March 1, 2016.
Commission and any person, other than Deputy Secretary. Pursuant to Section 19(b)(1) of the
those that may be withheld from the [FR Doc. 2016–04908 Filed 3–4–16; 8:45 am]
Securities Exchange Act of 1934 (the
public in accordance with the ‘‘Act’’),1 and Rule 19b–4 thereunder,2
BILLING CODE 8011–01–P
provisions of 5 U.S.C. 552, will be notice is hereby given that on February
available for Web site viewing and 24, 2015, Bats BZX Exchange, Inc. (the
printing in the Commission’s Public SECURITIES AND EXCHANGE ‘‘Exchange’’ or ‘‘BZX’’) (f/k/a BATS
Reference Room, 100 F Street NE., Exchange, Inc.) filed with the Securities
COMMISSION
Washington, DC 20549 on official and Exchange Commission
business days between the hours of (‘‘Commission’’) the proposed rule
10:00 a.m. and 3:00 p.m. Copies of the [Release No. 34–77267; File No. SR– change as described in Items I, II and III
filing also will be available for NASDAQ–2016–005] below, which Items have been prepared
inspection and copying at the principal by the Exchange. The Exchange has
office of the Exchange. All comments Self-Regulatory Organizations; The designated the proposed rule change as
received will be posted without change; Nasdaq Stock Market LLC; Notice of one establishing or changing a member
the Commission does not edit personal Withdrawal of Proposed Rule Change due, fee, or other charge imposed by the
identifying information from To Adopt Limit Order Protection and Exchange under Section 19(b)(3)(A)(ii)
submissions. You should submit only Market Order Protection of the Act 3 and Rule 19b–4(f)(2)
information that you wish to make March 1, 2016.
thereunder,4 which renders the
available publicly. All submissions proposed rule change effective upon
should refer to File Number SR– On January 12, 2016, The Nasdaq filing with the Commission. The
NYSEARCA–2016–36 and should be Stock Market LLC (the ‘‘Exchange’’) Commission is publishing this notice to
submitted on or before March 28, 2016. filed with the Securities and Exchange solicit comments on the proposed rule
For the Commission, by the Division of Commission (the ‘‘Commission’’), change from interested persons.
Trading and Markets, pursuant to delegated pursuant to Section 19(b)(1) of the
I. Self-Regulatory Organization’s
authority.17 Securities Exchange Act of 1934 1 and Statement of the Terms of Substance of
Robert W. Errett, Rule 19b–4 thereunder,2 a proposed rule the Proposed Rule Change
Deputy Secretary. change to adopt a Limit Order
[FR Doc. 2016–04911 Filed 3–4–16; 8:45 am] Protection and a Market Order The Exchange filed a proposal to
Protection feature for members amend the fee schedule applicable to
BILLING CODE 8011–01–P
accessing the Exchange. The proposed Members 5 and non-members of the
Exchange pursuant to Exchange Rules
rule change was published for comment
SECURITIES AND EXCHANGE 15.1(a) and (c) (‘‘Fee Schedule’’).
in the Federal Register on January 27, The text of the proposed rule change
COMMISSION 2016.3 The Commission received no is available at the Exchange’s Web site
[Release No. 34–77266; File No. SR–BX– comment letters on the proposal. On at www.batstrading.com, at the
2016–008] February 26, 2016, the Exchange principal office of the Exchange, and at
withdrew the proposed rule change. the Commission’s Public Reference
Self-Regulatory Organizations;
For the Commission, by the Division of Room.
NASDAQ OMX BX, Inc.; Notice of
Withdrawal of Proposed Rule Change Trading and Markets, pursuant to delegated II. Self-Regulatory Organization’s
To Adopt Limit Order Protection and authority.4 Statement of the Purpose of, and
Market Order Protection Robert W. Errett, Statutory Basis for, the Proposed Rule
Deputy Secretary. Change
March 1, 2016.
[FR Doc. 2016–04909 Filed 3–4–16; 8:45 am] In its filing with the Commission, the
On January 21, 2016, NASDAQ OMX
BX, Inc. (the ‘‘Exchange’’) filed with the BILLING CODE 8011–01–P Exchange included statements
Securities and Exchange Commission concerning the purpose of and basis for
(the ‘‘Commission’’), pursuant to the proposed rule change and discussed
any comments it received on the
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Section 19(b)(1) of the Securities
Exchange Act of 1934 1 and Rule 19b– 3 See Securities Exchange Act Release No. 77006
1 15 U.S.C. 78s(b)(1).
4 thereunder,2 a proposed rule change (February 1, 2016), 81 FR 6308.
2 17 CFR 240.19b–4.
to adopt a Limit Order Protection and a 4 17 CFR 200.30–3(a)(12).
3 15 U.S.C. 78s(b)(3)(A)(ii).
Market Order Protection feature for 1 15 U.S.C. 78s(b)(1).
4 17 CFR 240.19b–4(f)(2).
2 17 CFR 240.19b–4.
5 The term ‘‘Member’’ is defined as ‘‘any
17 17 3 See Securities Exchange Act Release No. 76956
CFR 200.30–3(a)(12). registered broker or dealer that has been admitted
1 15 U.S.C. 78s(b)(1). (January 21, 2016), 81 FR 4684. to membership in the Exchange.’’ See Exchange
2 17 CFR 240.19b–4. 4 17 CFR 200.30–3(a)(12). Rule 1.5(n).
VerDate Sep<11>2014 18:37 Mar 04, 2016 Jkt 238001 PO 00000 Frm 00135 Fmt 4703 Sfmt 4703 E:\FR\FM\07MRN1.SGM 07MRN1](https://thefederalregister.org/doc/81_FR_11914/page/3.svg)
Document Created: 2018-02-02 15:07:44
Document Modified: 2018-02-02 15:07:44
| 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 11870 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR