81 FR 23343 - Sunshine Act Meeting

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 76 (April 20, 2016)

Page Range		23343-23343
FR Document		2016-09210

Federal Register, Volume 81 Issue 76 (Wednesday, April 20, 2016)

[Federal Register Volume 81, Number 76 (Wednesday, April 20, 2016)]
[Notices]
[Page 23343]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-09210]



[[Page 23343]]

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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, April 
21, 2016 at 2 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), (a)(5), (a)(7), (a)(9)(ii) and (a)(10), permit 
consideration of the scheduled matter at the Closed Meeting.
    Commissioner Stein, 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;
    Adjudicatory matters; 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: April 14, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-09210 Filed 4-18-16; 11:15 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 76 / Wednesday, April 20, 2016 / Notices 23343

SECURITIES AND EXCHANGE ‘‘Act’’),1 and Rule 19b–4 thereunder,2 month. For example, a TPH will be
COMMISSION notice is hereby given that on April 1, billed in March for use of an FBW in
2016, Chicago Board Options Exchange, February. Monthly fees are assessed and
Sunshine Act Meeting Incorporated (the ‘‘Exchange’’ or applied in their entirety and are not
‘‘CBOE’’) filed with the Securities and prorated.6 Consequently, a TPH that
Notice is hereby given, pursuant to Exchange Commission (the cancels an FBW login ID on March 15
the provisions of the Government in the ‘‘Commission’’) the proposed rule will still be charged the $450.00 fee for
Sunshine Act, Public Law 94–409, that change as described in Items I, II, and all of March on the April bill. FBW
the Securities and Exchange III below, which Items have been login IDs are renewed automatically for
Commission will hold a Closed Meeting prepared by the Exchange. The the next month unless the TPH submits
on Thursday, April 21, 2016 at 2 p.m. Commission is publishing this notice to written notification to the Market
Commissioners, Counsel to the solicit comments on the proposed rule Operations Department by 3:00 p.m. on
Commissioners, the Secretary to the change from interested persons. the second-to-last business day of the
Commission, and recording secretaries
I. Self-Regulatory Organization’s prior month to cancel the FBW login ID
will attend the Closed Meeting. Certain
Statement of the Terms of Substance of at or prior to the end of the applicable
staff members who have an interest in
the Proposed Rule Change month.7
the matters also may be present.
The General Counsel of the The Exchange proposes to make
The text of the proposed rule change changes to the Facility Fees section of
Commission, or her designee, has is available on the Exchange’s Web site
certified that, in her opinion, one or the Fees Schedule to delete the FBW
(http://www.cboe.com/AboutCBOE/
more of the exemptions set forth in 5 line-item and remove references to FBW
CBOELegalRegulatoryHome.aspx), at
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) from the FBW2 line-item. As stated
the Exchange’s Office of the Secretary,
and 17 CFR 200.402(a)(3), (a)(5), (a)(7), above, FBW has been decommissioned,
and at the Commission’s Public
(a)(9)(ii) and (a)(10), permit effective March 31, 2016. Accordingly,
Reference Room.
consideration of the scheduled matter at these references in the Fees Schedule
the Closed Meeting. II. Self-Regulatory Organization’s are no longer needed. The Exchange
Commissioner Stein, as duty officer, Statement of the Purpose of, and notes that legacy-FBW users that had
voted to consider the items listed for the Statutory Basis for, the Proposed Rule active login IDs during March will be
Closed Meeting in closed session. Change billed in arrears on their April bills.
The subject matter of the Closed In its filing with the Commission, the 2. Statutory Basis
Meeting will be: Exchange included statements
Institution and settlement of concerning the purpose of and basis for The Exchange believes the proposed
injunctive actions; the proposed rule change and discussed rule change is consistent with the Act
Institution and settlement of any comments it received on the and the rules and regulations
administrative proceedings; proposed rule change. The text of these thereunder applicable to the Exchange
Adjudicatory matters; and statements may be examined at the and, in particular, the requirements of
Other matters relating to enforcement places specified in Item IV below. The Section 6(b) of the Act.8 Specifically,
proceedings. Exchange has prepared summaries, set the Exchange believes the proposed rule
At times, changes in Commission forth in sections A, B, and C below, of change is consistent with the Section
priorities require alterations in the the most significant aspects of such 6(b)(5) 9 requirements that the rules of
scheduling of meeting items. statements. an exchange be designed to prevent
For further information and to fraudulent and manipulative acts and
A. Self-Regulatory Organization’s practices, to promote just and equitable
ascertain what, if any, matters have been Statement of the Purpose of, and the
added, deleted or postponed, please principles of trade, to foster cooperation
Statutory Basis for, the Proposed Rule and coordination with persons engaged
contact the Office of the Secretary at Change
(202) 551–5400. in regulating, clearing, settling,
1. Purpose processing information with respect to,
Dated: April 14, 2016. and facilitating transactions in
Brent J. Fields, The Exchange proposes to amend the
Fees Schedule. Specifically, the securities, to remove impediments to
Secretary. and perfect the mechanism of a free and
Exchange proposes to make changes to
[FR Doc. 2016–09210 Filed 4–18–16; 11:15 am]
the Facility Fees section of the Fees open market and a national market
BILLING CODE 8011–01–P Schedule to remove references to FBW,3 system, and, in general, to protect
which has been decommissioned, investors and the public interest.
effective March 31, 2016.4 Pursuant to Additionally, the Exchange believes the
SECURITIES AND EXCHANGE the Facilities Fees section of the Fees proposed rule change is consistent with
COMMISSION Schedule, the Exchange charges Trading the Section 6(b)(5) 10 requirement that
Permit Holders (‘‘TPHs’’) a monthly fee the rules of an exchange not be designed
[Release No. 34–77621; File No. SR–CBOE–
2016–031] of $450.00 per login ID per month for
the use of a FBW.5 The Exchange 6 See id.
Self-Regulatory Organizations; assesses these facility fees in arrears
7 The Fees Schedule also provides that ‘‘[f]or
every FBW login a TPH has the FBW2 fee will be
Chicago Board Options Exchange, during the first week of the following waived on a one-to-one basis for the months of
Incorporated; Notice of Filing and January 2016 through March 2016.’’ The Exchange
Lhorne on DSK5TPTVN1PROD with NOTICES

Immediate Effectiveness of a Proposed 1 15 U.S.C. 78s(b)(1). also proposes to delete this sentence as FBW will
Rule Change to Amend the Fees 2 17 CFR 240.19b–4. no longer exist as of March 31, 2016 and therefore,
3 FBW is an order management tool used by Floor the Exchange will not be offering to waive the
Schedule FBW2 fee on a one-to-one basis after March 31,
Brokers to handle orders on the floor of the
Exchange. FBW is a third-party facility of the 2016.
April 14, 2016. 8 15 U.S.C. 78f(b).
Exchange.
Pursuant to Section 19(b)(1) of the 4 See id. 9 15 U.S.C. 78f(b)(5).

Securities Exchange Act of 1934 (the 5 See Fees Schedule, page 9. 10 Id.

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Document Created: 2016-04-20 01:52:10
Document Modified: 2016-04-20 01:52:10

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 23343