81 FR 27484 - In the Matter of Giant Resources, Inc., and Rush Exploration, Inc., Order of Suspension of Trading
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 88 (May 6, 2016)
Federal Register Volume 81, Issue 88 (May 6, 2016)
| Page Range | 27484-27485 | |
| FR Document | 2016-10792 |
[Federal Register Volume 81, Number 88 (Friday, May 6, 2016)] [Notices] [Pages 27484-27485] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-10792] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] In the Matter of Giant Resources, Inc., and Rush Exploration, Inc., Order of Suspension of Trading May 4, 2016. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Giant Resources, Inc. (CIK No. 1327926), an Alberta corporation with its principal place of business listed as Calgary, Alberta, Canada with stock quoted on OTC Link under the ticker symbol GIREF, because it has not filed any periodic reports since the period ended December 31, 2012. On August 18, 2015, a delinquency letter was sent by the Division of Corporation Finance to Giant Resources, Inc. requesting compliance with its periodic filing obligations, and Giant Resources, Inc. received the delinquency letter on August 31, 2015, but failed to cure its delinquencies. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Rush Exploration, Inc. (CIK No. 1301574), an Alberta corporation with its principal place of business listed as Edmonton, Alberta, Canada with stock quoted on OTC Link under the ticker symbol REXEF, because it has not filed any periodic reports since the period ended December 31, 2012. On August 18, 2015, a delinquency letter was sent by the Division of Corporation Finance to Rush Exploration, Inc. requesting compliance with its periodic filing obligations, and Rush Exploration, Inc. received the delinquency letter on August 31, 2015, but failed to cure its delinquencies. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. [[Page 27485]] Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed companies is suspended for the period from 9:30 a.m. EDT on May 4, 2016, through 11:59 p.m. EDT on May 17, 2016. By the Commission. Jill M. Peterson, Assistant Secretary. [FR Doc. 2016-10792 Filed 5-4-16; 11:15 am] BILLING CODE 8011-01-P
![27484 Federal Register / Vol. 81, No. 88 / Friday, May 6, 2016 / Notices
consider the Request pertaining to the FOR FURTHER INFORMATION CONTACT: the interests of the general public in
proposed Priority Mail Contract 211 David A. Trissell, General Counsel, at these proceedings (Public
product and the related contract, 202–789–6820. Representative).
respectively. SUPPLEMENTARY INFORMATION: 3. Comments are due no later than
The Commission invites comments on May 9, 2016.
whether the Postal Service’s filings in Table of Contents 4. The Secretary shall arrange for
the captioned dockets are consistent I. Introduction publication of this order in the Federal
with the policies of 39 U.S.C. 3632, II. Notice of Commission Action Register.
3633, or 3642, 39 CFR part 3015, and 39 III. Ordering Paragraphs By the Commission.
CFR part 3020, subpart B. Comments are I. Introduction Ruth Ann Abrams,
due no later than May 9, 2016. The Acting Secretary.
public portions of these filings can be In accordance with 39 U.S.C. 3642
and 39 CFR 3020.30–.35, the Postal [FR Doc. 2016–10601 Filed 5–5–16; 8:45 am]
accessed via the Commission’s Web site
(http://www.prc.gov). Service filed a formal request and BILLING CODE 7710–FW–P
The Commission appoints Curtis E. associated supporting information to
Kidd to serve as Public Representative add Priority Mail Contract 213 to the
competitive product list.1 SECURITIES AND EXCHANGE
in these dockets.
The Postal Service COMMISSION
III. Ordering Paragraphs contemporaneously filed a redacted [File No. 500–1]
It is ordered: contract related to the proposed new
1. The Commission establishes Docket product under 39 U.S.C. 3632(b)(3) and In the Matter of Giant Resources, Inc.,
Nos. MC2016–126 and CP2016–160 to 39 CFR 3015.5. Request, Attachment B. and Rush Exploration, Inc., Order of
consider the matters raised in each To support its Request, the Postal Suspension of Trading
docket. Service filed a copy of the contract, a
copy of the Governors’ Decision May 4, 2016.
2. Pursuant to 39 U.S.C. 505, Curtis E.
authorizing the product, proposed It appears to the Securities and
Kidd is appointed to serve as an officer
changes to the Mail Classification Exchange Commission that there is a
of the Commission to represent the
Schedule, a Statement of Supporting lack of current and accurate information
interests of the general public in these
Justification, a certification of concerning the securities of Giant
proceedings (Public Representative).
compliance with 39 U.S.C. 3633(a), and Resources, Inc. (CIK No. 1327926), an
3. Comments are due no later than
an application for non-public treatment Alberta corporation with its principal
May 9, 2016.
of certain materials. It also filed place of business listed as Calgary,
4. The Secretary shall arrange for
supporting financial workpapers. Alberta, Canada with stock quoted on
publication of this order in the Federal
OTC Link under the ticker symbol
Register. II. Notice of Commission Action GIREF, because it has not filed any
By the Commission. The Commission establishes Docket periodic reports since the period ended
Ruth Ann Abrams, Nos. MC2016–128 and CP2016–162 to December 31, 2012. On August 18, 2015,
Acting Secretary. consider the Request pertaining to the a delinquency letter was sent by the
[FR Doc. 2016–10602 Filed 5–5–16; 8:45 am] proposed Priority Mail Contract 213 Division of Corporation Finance to
BILLING CODE 7710–FW–P product and the related contract, Giant Resources, Inc. requesting
respectively. compliance with its periodic filing
The Commission invites comments on obligations, and Giant Resources, Inc.
POSTAL REGULATORY COMMISSION whether the Postal Service’s filings in received the delinquency letter on
the captioned dockets are consistent August 31, 2015, but failed to cure its
[Docket Nos. MC2016–128 and CP2016–162; with the policies of 39 U.S.C. 3632, delinquencies.
Order No. 3274] 3633, or 3642, 39 CFR part 3015, and 39 It appears to the Securities and
CFR part 3020, subpart B. Comments are Exchange Commission that there is a
New Postal Product due no later than May 9, 2016. The lack of current and accurate information
public portions of these filings can be concerning the securities of Rush
AGENCY: Postal Regulatory Commission. Exploration, Inc. (CIK No. 1301574), an
accessed via the Commission’s Web site
ACTION: Notice. (http://www.prc.gov). Alberta corporation with its principal
The Commission appoints Katalin K. place of business listed as Edmonton,
SUMMARY: The Commission is noticing a
Clendenin to serve as Public Alberta, Canada with stock quoted on
recent Postal Service filing concerning
Representative in these dockets. OTC Link under the ticker symbol
the addition of Priority Mail Contract
REXEF, because it has not filed any
213 to the competitive product list. This III. Ordering Paragraphs
periodic reports since the period ended
notice informs the public of the filing, It is ordered: December 31, 2012. On August 18, 2015,
invites public comment, and takes other 1. The Commission establishes Docket a delinquency letter was sent by the
administrative steps. Nos. MC2016–128 and CP2016–162 to Division of Corporation Finance to Rush
DATES: Comments are due: May 9, 2016. consider the matters raised in each Exploration, Inc. requesting compliance
ADDRESSES: Submit comments docket. with its periodic filing obligations, and
asabaliauskas on DSK3SPTVN1PROD with NOTICES
electronically via the Commission’s 2. Pursuant to 39 U.S.C. 505, Katalin Rush Exploration, Inc. received the
Filing Online system at http:// K. Clendenin is appointed to serve as an delinquency letter on August 31, 2015,
www.prc.gov. Those who cannot submit officer of the Commission to represent but failed to cure its delinquencies.
comments electronically should contact The Commission is of the opinion that
1 Request of the United States Postal Service to
the person identified in the FOR FURTHER the public interest and the protection of
Add Priority Mail Contract 213 to Competitive
INFORMATION CONTACT section by
Product List and Notice of Filing (Under Seal) of
investors require a suspension of trading
telephone for advice on filing Unredacted Governors’ Decision, Contract, and in the securities of the above-listed
alternatives. Supporting Data, April 29, 2016 (Request). companies.
VerDate Sep<11>2014 17:20 May 05, 2016 Jkt 238001 PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 E:\FR\FM\06MYN1.SGM 06MYN1](https://thefederalregister.org/doc/81_FR_27572/page/1.svg)
![Federal Register / Vol. 81, No. 88 / Friday, May 6, 2016 / Notices 27485
Therefore, it is ordered, pursuant to of these statements may be examined at proposes to offer certain other
Section 12(k) of the Securities Exchange the places specified in Item IV below. incentives for Market Makers based on
Act of 1934, that trading in the The self-regulatory organization has quoting activity in other symbols.
securities of the above-listed companies prepared summaries, set forth in Market Makers that achieve Market
is suspended for the period from 9:30 sections A, B and C below, of the most Maker Plus in SPY will receive credit
a.m. EDT on May 4, 2016, through 11:59 significant aspects of such statements. for five quoting sessions. Market Makers
p.m. EDT on May 17, 2016. that quote in all FX option products 7
A. Self-Regulatory Organization’s will not have their FX option quotes
By the Commission. Statement of the Purpose of, and
Jill M. Peterson, counted towards the 1.5 million quote
Statutory Basis for, the Proposed Rule threshold, and will receive additional
Assistant Secretary. Change credit for twelve quoting sessions. All
[FR Doc. 2016–10792 Filed 5–4–16; 11:15 am]
1. Purpose credited sessions will be applied after
BILLING CODE 8011–01–P
the 200 API session cap. For example,
The Exchange charges application
a member that uses 220 quoting sessions
programming interface (‘‘API’’) fees to
and achieves Market Maker Plus in SPY
SECURITIES AND EXCHANGE Market Makers 3 for connecting to the
and 200 or more non-SPY symbols, will
COMMISSION Exchange. Each Market Maker session be billed for 195 quoting sessions—i.e.,
[Release No. 34–77754; File No. SR–ISE–
enabled for quoting is billed at a rate of a cap of 200 sessions for achieving
2016–10] $1,000 per month, and allows the Market Maker Plus in 200 non-SPY
Market Maker to submit an average of symbols minus the 5 credited sessions
Self-Regulatory Organizations; up to 1.5 million quotes per day.4 for achieving Market Maker Plus in SPY.
International Securities Exchange, Market Makers must pay for a minimum
LLC; Notice of Filing and Immediate of two of these sessions, and 2. Statutory Basis
Effectiveness of Proposed Rule incremental usage above 1.5 million The Exchange believes that the
Change To Amend the Schedule of quotes per day results in the Market proposed rule change is consistent with
Fees Maker being charged for an additional the provisions of Section 6 of the Act,8
session. Due to recent increases in in general, and Section 6(b)(4) of the
May 2, 2016.
quoting activity, Market Makers that Act,9 in particular, in that it is designed
Pursuant to Section 19(b)(1) of the aggressively quote on the Exchange are to provide for the equitable allocation of
Securities Exchange Act of 1934 (the being billed for an increasing number of reasonable dues, fees, and other charges
‘‘Act’’),1 and Rule 19b–4 thereunder,2 quoting sessions. The Exchange
notice is hereby given that on April 18, among its members and other persons
therefore proposes to introduce a cap on using its facilities.
2016, the International Securities the API fees charged to Market Makers The Exchange believes that the
Exchange, LLC (the ‘‘Exchange’’ or the that meet specified performance criteria. proposed fee change is reasonable and
‘‘ISE’’) filed with the Securities and In particular, Market Makers that equitable because the proposed changes
Exchange Commission (the
achieve any tier of Market Maker Plus 5 will reduce the impact of increased
‘‘Commission’’) the proposed rule
by routinely quoting at the national best quoting activity on Market Maker API
change, as described in Items I, II, and
bid or offer in 200 or more symbols charges, and will encourage Market
III below, which items have been
(other than SPY) will have their API fees Makers to maintain quality markets in
prepared by the self-regulatory
capped at 200 quoting sessions per order to qualify for the proposed
organization. The Commission is
month.6 In addition, the Exchange incentives. As noted above, Market
publishing this notice to solicit
Makers are currently facing increased
comments on the proposed rule change 3 The term ‘‘Market Makers’’ refers to
API charges due to increases in quoting
from interested persons. ‘‘Competitive Market Makers’’ and ‘‘Primary Market activity for members that quote
Makers’’ collectively. See ISE Rule 100(a)(25).
I. Self-Regulatory Organization’s 4 Quoting sessions also support order entry and
aggressively. The Exchange believes that
Statement of the Terms of Substance of listening. The Exchange separately offers Market a cap in API fees is appropriate for
the Proposed Rule Change Maker API sessions for listening only ($175 per Market Makers that consistently
The ISE proposes to amend its Market month per API), and order entry and listening ($750 maintain quality markets as
per month per API). The Exchange is not proposing demonstrated by achieving Market
Maker API fees as described in more any changes to the API fees charged for non-quoting
detail below. The text of the proposed sessions. Maker Plus in a number of symbols. The
rule change is available on the 5 A Market Maker Plus is a Market Maker who is Exchange also believes that it is
Exchange’s Web site (http:// on the National Best Bid or National Best Offer a appropriate to grant free API sessions to
specified percentage of the time for series trading members that achieve Market Maker
www.ise.com), at the principal office of between $0.03 and $3.00 (for options whose
the Exchange, and at the Commission’s Plus in SPY, which is the most actively
underlying stock’s previous trading day’s last sale
Public Reference Room. price was less than or equal to $100) and between traded name on the Exchange. Similarly,
$0.10 and $3.00 (for options whose underlying the Exchange believes that it is
II. Self-Regulatory Organization’s stock’s previous trading day’s last sale price was appropriate to grant an additional
Statement of the Purpose of, and greater than $100) in premium in each of the front quoting allowance as well as free API
Statutory Basis for, the Proposed Rule two expiration months. The specified percentage is
at least 80% but lower than 85% of the time for Tier
Change 1, at least 85% but lower than 95% of the time for billing cycle for these fees to the beginning of the
Tier 2, and at least 95% of the time for Tier 3. A calendar month to coincide with the billing cycle
asabaliauskas on DSK3SPTVN1PROD with NOTICES
In its filing with the Commission, the for transaction fees so that API session fees can be
Market Maker’s single best and single worst quoting
self-regulatory organization included days each month based on the front two expiration appropriately mapped to Market Maker Plus status.
statements concerning the purpose of, months, on a per symbol basis, will be excluded in As such, each member’s next monlth bill will cover
and basis for, the proposed rule change calculating whether a Market Maker qualifies for the full month of May. Members will not be billed
Market Maker Plus, if doing so will qualify a Market for the period of April 18, 2016 to April 30, 2016.
and discussed any comments it received 7 The complete set of FX option products offered
Maker for Market Maker Plus.
on the proposed rule change. The text 6 The Exchange notes that ‘‘Trading Application is: NZD, PZO, SKA, BRB, AUX, BPX, CDD, EUI,
Software’’ fees contained in Section V of the YUK, SFC, AUM, GBP, EUU and NDO.
1 15 U.S.C. 78s(b)(1). 8 15 U.S.C. 78f.
Schedule of Fees are currently billed on the 15th
2 17 CFR 240.19b–4. of each month. The Exchange will be moving its 9 15 U.S.C. 78f(b)(4).
VerDate Sep<11>2014 17:20 May 05, 2016 Jkt 238001 PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 E:\FR\FM\06MYN1.SGM 06MYN1](https://thefederalregister.org/doc/81_FR_27572/page/2.svg)
Document Created: 2016-05-06 00:29:38
Document Modified: 2016-05-06 00:29:38
| 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 27484 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR