81_FR_120 81 FR 119 - Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use of EDGX Exchange, Inc.

81 FR 119 - Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use of EDGX Exchange, Inc.

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 1 (January 4, 2016)

Page Range119-120
FR Document2015-32988

Federal Register, Volume 81 Issue 1 (Monday, January 4, 2016) 
[Federal Register Volume 81, Number 1 (Monday, January 4, 2016)]
[Notices]
[Pages 119-120]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-32988]



[[Page 119]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-76778; File No. SR-EDGX-2015-61]


Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of 
Filing and Immediate Effectiveness of a Proposed Rule Change Related to 
Fees for Use of EDGX Exchange, Inc.

December 28, 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 December 15, 2015, EDGX Exchange, Inc. (the ``Exchange'' or 
``EDGX'') filed with the Securities and Exchange Commission 
(``Commission'') the proposed rule change as described in Items I, II, 
and III below, which Items have been prepared by the Exchange. The 
Exchange has designated the proposed rule change as one establishing or 
changing a member due, fee, or other charge imposed by the Exchange 
under Section 19(b)(3)(A)(ii) of the Act \3\ and Rule 19b-4(f)(2) 
thereunder,\4\ which renders the proposed rule change effective upon 
filing with the Commission. The Commission is publishing this notice to 
solicit comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \4\ 17 CFR 240.19b-4(f)(2).
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange filed a proposal to amend the fee schedule applicable 
to Members \5\ and non-members of the Exchange pursuant to EDGX Rules 
15.1(a) and (c) (``Fee Schedule'') to adopt fees for the recently 
adopted ALLB routing strategy.
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    \5\ The term ``Member'' is defined as ``any registered broker or 
dealer that has been admitted to membership in the Exchange.'' See 
Exchange Rule 1.5(n).
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    The text of the proposed rule change is available at the Exchange's 
Web site at www.batstrading.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 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 parts 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 adopt fees for the ALLB routing strategy. 
In sum, ALLB is a routing option under which the order checks the 
System \6\ for available shares and is then sent to the BATS Exchange, 
Inc. (``BZX''), BATS Y-Exchange, Inc. (``BYX''), and the EDGA Exchange, 
Inc. (``EDGA'' collectively with the Exchange, BZX, and BYX, the ``BGM 
Affiliated Exchanges'').\7\ Specifically, an order subject to the ALLB 
routing option would execute first against liquidity on the EDGX 
Book.\8\ Any remainder would then be routed to BZX, BYX, and/or EDGA in 
accordance with the System routing table.\9\
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    \6\ The term ``System'' is defined as ``the electronic 
communications and trading facility designated by the Board through 
which securities orders of Users are consolidated for ranking, 
execution and, when applicable, routing away.'' See Exchange Rule 
1.5(cc).
    \7\ See Exchange Rule 11.11(g)(7). See also Securities Exchange 
Act Release No. 76456 (November 17, 2015), 80 FR 73032 (November 23, 
2015) (SR-EDGX-2015-53).
    \8\ The term ``EDGX Book'' is defined as ``the System's 
electronic file of orders.'' See Exchange Rule 1.5(d).
    \9\ The term ``System routing table'' refers to the proprietary 
process for determining the specific trading venues to which the 
System routes orders and the order in which it routes them. See 
Exchange Rule 11.11(g).
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    The Exchange now proposes to adopt three new fee codes, AA, AY, and 
AZ and related fees for the ALLB routing strategy. These fee codes 
would enable the Exchange to pass through the rate that BATS Trading, 
Inc. (``BATS Trading''), the Exchange's affiliated routing broker-
dealer, would be charged for routing orders to BZX, BYX, and EDGA.\10\ 
Each of the proposed fee codes are described as follows:
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    \10\ Orders using the ALLB routing option that execute on the 
Exchange would be subject to the Exchange's standard fees and 
rebates, unless the Member achieves a volume tiered reduced fee or 
enhanced rebate.
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     Fee Code AA. Order routed to EDGA using the ALLB routing 
strategy would yield fee code AA and receive a rebate of $0.00200 [sic] 
per share in securities priced at or above $1.00. Orders yielding fee 
code AA in securities priced below $1.00 would be charged no fee nor 
would they receive a rebate.
     Fee Code AY. Order routed to BYX using the ALLB routing 
strategy would yield fee code AY and receive a rebate of $0.00150 per 
share in securities priced at or above $1.00. Orders yielding fee code 
AY in securities priced below $1.00 would be charged a fee of 0.10% of 
the transaction's dollar value.
     Fee Code AZ. Order routed to BZX using the ALLB routing 
strategy would yield fee code AZ and be charged a fee of $0.00300 per 
share in securities priced at or above $1.00. Orders yielding fee code 
AZ in securities priced below $1.00 would be charged a fee of 0.30% of 
the transaction's dollar value.
    BATS Trading will pass through the above rates to the Exchange and 
the Exchange, in turn, will pass through that exact rate to its 
Members. The proposed rates would enable the Exchange to equitably 
allocate its costs among all Members utilizing the ALLB routing 
strategy.
Implementation Date
    The Exchange proposes to implement this amendment to its Fee 
Schedule on January 4, 2016, but the proposed fee codes and their 
associated rates will not be available until January 8, 2016, the date 
upon which it announced to Members that it would implement the ALLB 
routing strategy.\11\
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    \11\ See BATS Announces ALLB Routing Option, available at http://cdn.batstrading.com/resources/release_notes/2015/BATS-ALL-BATS-Routing-Strategy-Release-Schedule-Updated.pdf. The Exchange notes 
that the Fee Schedule's date was amended to January 4, 2016 in file 
no. SR-EDGX-2015-62 (December 8, 2015).
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2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with the objectives of Section 6 of the Act,\12\ in general, and 
furthers the objectives of Section 6(b)(4),\13\ in particular, as it is 
designed to provide for the equitable allocation of reasonable dues, 
fees and other charges among its Members and other persons using its 
facilities. The Exchange believes that its proposed rates represent an 
equitable allocation of reasonable dues, fees, and other charges among 
Members and other persons using its facilities because the Exchange 
does not levy additional fees or offer additional rebates for orders 
that it routes to BZX, BYX, and EDGA through BATS Trading. The Exchange 
believes that its proposed pass through rate for orders that yield fee 
codes AA, AY or AZ is equitable and reasonable because

[[Page 120]]

it accounts for the rate that BATS Trading would be subject to for 
orders it routes and are executed on EDGA, BYX, and BZX. In addition, 
the proposal allows the Exchange to pass-through to its Members the 
rate for orders that are routed to EDGA, BYX, and BZX using the ALLB 
routing strategy. Furthermore, the Exchange notes that routing through 
BATS Trading is voluntary. Lastly, the Exchange also believes that the 
proposed amendment is non-discriminatory because it applies uniformly 
to all Members.
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    \12\ 15 U.S.C. 78f.
    \13\ 15 U.S.C. 78f(b)(4).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    This proposed rule change does not impose any burden on competition 
that is not necessary or appropriate in furtherance of the purposes of 
the Act. The Exchange does not believe that this change represents a 
significant departure from previous pricing offered by the Exchange or 
pricing offered by the Exchange's competitors. Additionally, Members 
may opt to disfavor the Exchange's pricing if they believe that 
alternatives offer them better value. Accordingly, the Exchange does 
not believe that the proposed changes will impair the ability of 
Members or competing venues to maintain their competitive standing in 
the financial markets. The Exchange believes that its proposal to pass 
through the rates that BATS Trading would be subject to for orders 
routing to EDGA, BYX, and BZX using the ALLB routing strategy to 
Members would increase intermarket competition because it offers 
customers an alternative means to route orders to those venues. In 
addition, the proposed pricing would not provide any advantage to Users 
when routing to EDGA, BYX or BYX as compared to other methods of 
routing or connectivity available to Users by the Exchange because the 
proposed rates are identical to what the Member would be subject to if 
it routed to those venues directly. The Exchange believes that its 
proposal would not burden intramarket competition because the proposed 
rate would apply uniformly to all Members.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants or Others

    The Exchange has not solicited, and does not intend to solicit, 
comments on this proposed rule change. The Exchange has not received 
any written comments from members or other interested parties.

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 \14\ and paragraph (f) of Rule 19b-4 
thereunder.\15\ 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.
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    \14\ 15 U.S.C. 78s(b)(3)(A).
    \15\ 17 CFR 240.19b-4(f).
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IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the proposed rule 
change is consistent with the Act. Comments may be submitted by any of 
the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File No. SR-EDGX-2015-61 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 No. SR-EDGX-2015-61. 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 will also 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 No. SR-EDGX-2015-61 and should be 
submitted on or before January 25, 2016.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\16\
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    \16\ 17 CFR 200.30-3(a)(12).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-32988 Filed 12-31-15; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 1 / Monday, January 4, 2016 / Notices 119 SECURITIES AND EXCHANGE any comments it received on the charged no fee nor would they receive COMMISSION proposed rule change. The text of these a rebate. statements may be examined at the • Fee Code AY. Order routed to BYX [Release No. 34–76778; File No. SR–EDGX– 2015–61] places specified in Item IV below. The using the ALLB routing strategy would Exchange has prepared summaries, set yield fee code AY and receive a rebate Self-Regulatory Organizations; EDGX forth in Sections A, B, and C below, of of $0.00150 per share in securities Exchange, Inc.; Notice of Filing and the most significant parts of such priced at or above $1.00. Orders Immediate Effectiveness of a Proposed statements. yielding fee code AY in securities Rule Change Related to Fees for Use priced below $1.00 would be charged a A. Self-Regulatory Organization’s of EDGX Exchange, Inc. fee of 0.10% of the transaction’s dollar Statement of the Purpose of, and value. December 28, 2015. Statutory Basis for, the Proposed Rule • Fee Code AZ. Order routed to BZX Pursuant to Section 19(b)(1) of the Change using the ALLB routing strategy would Securities Exchange Act of 1934 (the 1. Purpose yield fee code AZ and be charged a fee ‘‘Act’’),1 and Rule 19b–4 thereunder,2 of $0.00300 per share in securities notice is hereby given that on December The Exchange proposes to adopt fees for the ALLB routing strategy. In sum, priced at or above $1.00. Orders 15, 2015, EDGX Exchange, Inc. (the yielding fee code AZ in securities priced ‘‘Exchange’’ or ‘‘EDGX’’) filed with the ALLB is a routing option under which the order checks the System 6 for below $1.00 would be charged a fee of Securities and Exchange Commission 0.30% of the transaction’s dollar value. (‘‘Commission’’) the proposed rule available shares and is then sent to the BATS Exchange, Inc. (‘‘BZX’’), BATS Y- BATS Trading will pass through the change as described in Items I, II, and above rates to the Exchange and the III below, which Items have been Exchange, Inc. (‘‘BYX’’), and the EDGA Exchange, Inc. (‘‘EDGA’’ collectively Exchange, in turn, will pass through prepared by the Exchange. The that exact rate to its Members. The Exchange has designated the proposed with the Exchange, BZX, and BYX, the ‘‘BGM Affiliated Exchanges’’).7 proposed rates would enable the rule change as one establishing or Exchange to equitably allocate its costs changing a member due, fee, or other Specifically, an order subject to the ALLB routing option would execute first among all Members utilizing the ALLB charge imposed by the Exchange under routing strategy. Section 19(b)(3)(A)(ii) of the Act 3 and against liquidity on the EDGX Book.8 Rule 19b–4(f)(2) thereunder,4 which Any remainder would then be routed to Implementation Date renders the proposed rule change BZX, BYX, and/or EDGA in accordance The Exchange proposes to implement effective upon filing with the with the System routing table.9 this amendment to its Fee Schedule on Commission. The Commission is The Exchange now proposes to adopt January 4, 2016, but the proposed fee publishing this notice to solicit three new fee codes, AA, AY, and AZ codes and their associated rates will not comments on the proposed rule change and related fees for the ALLB routing be available until January 8, 2016, the from interested persons. strategy. These fee codes would enable date upon which it announced to the Exchange to pass through the rate I. Self-Regulatory Organization’s Members that it would implement the that BATS Trading, Inc. (‘‘BATS Statement of the Terms of Substance of ALLB routing strategy.11 Trading’’), the Exchange’s affiliated the Proposed Rule Change routing broker-dealer, would be charged 2. Statutory Basis The Exchange filed a proposal to for routing orders to BZX, BYX, and The Exchange believes that the amend the fee schedule applicable to EDGA.10 Each of the proposed fee codes proposed rule change is consistent with Members 5 and non-members of the are described as follows: the objectives of Section 6 of the Act,12 Exchange pursuant to EDGX Rules • Fee Code AA. Order routed to in general, and furthers the objectives of 15.1(a) and (c) (‘‘Fee Schedule’’) to EDGA using the ALLB routing strategy Section 6(b)(4),13 in particular, as it is adopt fees for the recently adopted would yield fee code AA and receive a designed to provide for the equitable ALLB routing strategy. rebate of $0.00200 [sic] per share in allocation of reasonable dues, fees and The text of the proposed rule change securities priced at or above $1.00. other charges among its Members and is available at the Exchange’s Web site Orders yielding fee code AA in other persons using its facilities. The at www.batstrading.com, at the securities priced below $1.00 would be Exchange believes that its proposed principal office of the Exchange, and at rates represent an equitable allocation of 6 The term ‘‘System’’ is defined as ‘‘the electronic the Commission’s Public Reference reasonable dues, fees, and other charges communications and trading facility designated by Room. the Board through which securities orders of Users among Members and other persons II. Self-Regulatory Organization’s are consolidated for ranking, execution and, when using its facilities because the Exchange applicable, routing away.’’ See Exchange Rule does not levy additional fees or offer Statement of the Purpose of, and 1.5(cc). Statutory Basis for, the Proposed Rule 7 See Exchange Rule 11.11(g)(7). See also additional rebates for orders that it Change Securities Exchange Act Release No. 76456 routes to BZX, BYX, and EDGA through (November 17, 2015), 80 FR 73032 (November 23, BATS Trading. The Exchange believes In its filing with the Commission, the 2015) (SR–EDGX–2015–53). that its proposed pass through rate for Exchange included statements 8 The term ‘‘EDGX Book’’ is defined as ‘‘the orders that yield fee codes AA, AY or concerning the purpose of and basis for System’s electronic file of orders.’’ See Exchange AZ is equitable and reasonable because the proposed rule change and discussed Rule 1.5(d). 9 The term ‘‘System routing table’’ refers to the 11 See BATS Announces ALLB Routing Option, proprietary process for determining the specific tkelley on DSK3SPTVN1PROD with NOTICES 1 15 U.S.C. 78s(b)(1). trading venues to which the System routes orders available at http://cdn.batstrading.com/resources/ 2 17 CFR 240.19b–4. and the order in which it routes them. See release_notes/2015/BATS-ALL-BATS-Routing- 3 15 U.S.C. 78s(b)(3)(A)(ii). Strategy-Release-Schedule-Updated.pdf. The Exchange Rule 11.11(g). 4 17 CFR 240.19b–4(f)(2). 10 Orders using the ALLB routing option that Exchange notes that the Fee Schedule’s date was 5 The term ‘‘Member’’ is defined as ‘‘any execute on the Exchange would be subject to the amended to January 4, 2016 in file no. SR–EDGX– registered broker or dealer that has been admitted Exchange’s standard fees and rebates, unless the 2015–62 (December 8, 2015). 12 15 U.S.C. 78f. to membership in the Exchange.’’ See Exchange Member achieves a volume tiered reduced fee or Rule 1.5(n). enhanced rebate. 13 15 U.S.C. 78f(b)(4). VerDate Sep<11>2014 16:43 Dec 31, 2015 Jkt 238001 PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 E:\FR\FM\04JAN1.SGM 04JAN1

120 Federal Register / Vol. 81, No. 1 / Monday, January 4, 2016 / Notices it accounts for the rate that BATS III. Date of Effectiveness of the inspection and copying at the principal Trading would be subject to for orders Proposed Rule Change and Timing for office of the Exchange. All comments it routes and are executed on EDGA, Commission Action received will be posted without change; BYX, and BZX. In addition, the proposal The foregoing rule change has become the Commission does not edit personal allows the Exchange to pass-through to effective pursuant to Section 19(b)(3)(A) identifying information from its Members the rate for orders that are of the Act 14 and paragraph (f) of Rule submissions. You should submit only routed to EDGA, BYX, and BZX using 19b–4 thereunder.15 At any time within information that you wish to make the ALLB routing strategy. Furthermore, 60 days of the filing of the proposed rule available publicly. All submissions the Exchange notes that routing through change, the Commission summarily may should refer to File No. SR–EDGX– BATS Trading is voluntary. Lastly, the temporarily suspend such rule change if 2015–61 and should be submitted on or Exchange also believes that the it appears to the Commission that such before January 25, 2016. proposed amendment is non- action is necessary or appropriate in the For the Commission, by the Division of discriminatory because it applies public interest, for the protection of Trading and Markets, pursuant to delegated uniformly to all Members. investors, or otherwise in furtherance of authority.16 the purposes of the Act. Jill M. Peterson, B. Self-Regulatory Organization’s Assistant Secretary. Statement on Burden on Competition IV. Solicitation of Comments [FR Doc. 2015–32988 Filed 12–31–15; 8:45 am] This proposed rule change does not Interested persons are invited to BILLING CODE 8011–01–P submit written data, views, and impose any burden on competition that arguments concerning the foregoing, is not necessary or appropriate in including whether the proposed rule SECURITIES AND EXCHANGE furtherance of the purposes of the Act. change is consistent with the Act. COMMISSION The Exchange does not believe that this Comments may be submitted by any of change represents a significant the following methods: [Release No. 34–76776; File No. SR–BATS– departure from previous pricing offered 2015–105] by the Exchange or pricing offered by Electronic Comments Self-Regulatory Organizations; BATS the Exchange’s competitors. • Use the Commission’s Internet Exchange, Inc.; Notice of Filing of a Additionally, Members may opt to comment form (http://www.sec.gov/ disfavor the Exchange’s pricing if they Proposed Rule Change to Rule 14.11(i), rules/sro.shtml); or Managed Fund Shares, To List and believe that alternatives offer them • Send an email to rule-comments@ better value. Accordingly, the Exchange Trade the Shares of the Elkhorn S&P sec.gov. Please include File No. SR– does not believe that the proposed GSCI Dynamic Roll Commodity ETF of EDGX–2015–61 on the subject line. changes will impair the ability of Elkhorn ETF Trust Paper Comments Members or competing venues to December 28, 2015. maintain their competitive standing in • Send paper comments in triplicate Pursuant to Section 19(b)(1) of the the financial markets. The Exchange to Secretary, Securities and Exchange Securities Exchange Act of 1934 (the believes that its proposal to pass Commission, 100 F Street NE., ‘‘Act’’),1 and Rule 19b–4 thereunder,2 through the rates that BATS Trading Washington, DC 20549–1090. notice is hereby given that on December would be subject to for orders routing to All submissions should refer to File No. 18, 2015, BATS Exchange, Inc. (the EDGA, BYX, and BZX using the ALLB SR–EDGX–2015–61. This file number ‘‘Exchange’’ or ‘‘BATS’’) filed with the routing strategy to Members would should be included on the subject line Securities and Exchange Commission increase intermarket competition if email is used. To help the (‘‘Commission’’) the proposed rule because it offers customers an Commission process and review your change as described in Items I, II and III alternative means to route orders to comments more efficiently, please use below, which Items have been prepared those venues. In addition, the proposed only one method. The Commission will by the Exchange. The Commission is pricing would not provide any post all comments on the Commission’s publishing this notice to solicit advantage to Users when routing to Internet Web site (http://www.sec.gov/ comments on the proposed rule change EDGA, BYX or BYX as compared to rules/sro.shtml). Copies of the from interested persons. other methods of routing or connectivity submission, all subsequent amendments, all written statements I. Self-Regulatory Organization’s available to Users by the Exchange with respect to the proposed rule Statement of the Terms of Substance of because the proposed rates are identical change that are filed with the the Proposed Rule Change to what the Member would be subject to if it routed to those venues directly. The Commission, and all written The Exchange is proposing a rule Exchange believes that its proposal communications relating to the change to list and trade the shares of the would not burden intramarket proposed rule change between the Elkhorn S&P GSCI Dynamic Roll Commission and any person, other than Commodity ETF (the ‘‘Fund’’) of competition because the proposed rate those that may be withheld from the Elkhorn ETF Trust (the ‘‘Trust’’) under would apply uniformly to all Members. public in accordance with the BATS Rule 14.11(i) (‘‘Managed Fund C. Self-Regulatory Organization’s provisions of 5 U.S.C. 552, will be Shares’’). The shares of the Fund are Statement on Comments on the available for Web site viewing and collectively referred to herein as (the Proposed Rule Change Received From printing in the Commission’s Public ‘‘Shares’’). Members, Participants or Others Reference Room, 100 F Street NE., The text of the proposed rule change tkelley on DSK3SPTVN1PROD with NOTICES Washington, DC 20549, on official is available at the Exchange’s Web site The Exchange has not solicited, and business days between the hours of at www.batstrading.com, at the does not intend to solicit, comments on 10:00 a.m. and 3:00 p.m. Copies of such principal office of the Exchange, and at this proposed rule change. The filing will also be available for Exchange has not received any written 16 17 CFR 200.30–3(a)(12). comments from members or other 14 15 U.S.C. 78s(b)(3)(A). 1 15 U.S.C. 78s(b)(1). interested parties. 15 17 CFR 240.19b–4(f). 2 17 CFR 240.19b–4. VerDate Sep<11>2014 16:43 Dec 31, 2015 Jkt 238001 PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 E:\FR\FM\04JAN1.SGM 04JAN1


Document Created: 2015-12-31 23:05:00
Document Modified: 2015-12-31 23:05:00
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 119 
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