81_FR_54330 81 FR 54173 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To List Options That Overlie the FTSE Developed Europe Index and the FTSE Emerging Index, To Raise the Comprehensive Surveillance Agreement Percentage Applicable to Certain Index Options, and To Amend the Maintenance Listing Criteria Applicable to Certain Index Options

81 FR 54173 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To List Options That Overlie the FTSE Developed Europe Index and the FTSE Emerging Index, To Raise the Comprehensive Surveillance Agreement Percentage Applicable to Certain Index Options, and To Amend the Maintenance Listing Criteria Applicable to Certain Index Options

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 157 (August 15, 2016)

Page Range54173-54174
FR Document2016-19316

Federal Register, Volume 81 Issue 157 (Monday, August 15, 2016)
[Federal Register Volume 81, Number 157 (Monday, August 15, 2016)]
[Notices]
[Pages 54173-54174]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-19316]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78511; File No. SR-CBOE-2016-049]


Self-Regulatory Organizations; Chicago Board Options Exchange, 
Incorporated; Notice of Designation of Longer Period for Commission 
Action on Proposed Rule Change To List Options That Overlie the FTSE 
Developed Europe Index and the FTSE Emerging Index, To Raise the 
Comprehensive Surveillance Agreement Percentage Applicable to Certain 
Index Options, and To Amend the Maintenance Listing Criteria Applicable 
to Certain Index Options

August 9, 2016.
    On June 15, 2016, Chicago Board Options Exchange, Incorporated 
(``Exchange'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ a 
proposed rule change to list and trade options that overlie the FTSE 
Developed Europe Index and the FTSE Emerging Index, raise the 
comprehensive surveillance agreement percentage applicable to options 
that overlie the MSCI EAFE Index and the MSCI Emerging Markets Index 
(``EAFE options'' and ``EM options''), and amend the maintenance 
listing criteria applicable to EAFE options, EM options, FTSE 100 Index 
options, and FTSE China 50 Index options. The proposed rule change was 
published for comment in the Federal Register on July 1, 2016.\3\ The 
Commission has received no comment letters on the proposal.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 78177 (June 28, 
2016), 81 FR 43308.
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    Section 19(b)(2) of the Act \4\ provides that within 45 days of the 
publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding or as to which the self-regulatory organization 
consents,

[[Page 54174]]

the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. The 
45th day for this filing is August 15, 2016.
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    \4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. The Commission finds that it is 
appropriate to designate a longer period within which to take action on 
the proposed rule change so that it has sufficient time to consider and 
take action on the Exchange's proposed rule change.
    Accordingly, pursuant to Section 19(b)(2)(A)(ii)(I) of the Act \5\ 
and for the reasons stated above, the Commission designates September 
29, 2016, as the date by which the Commission should either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-CBOE-2016-049).
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78s(b)(2)(A)(ii)(I).
    \6\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-19316 Filed 8-12-16; 8:45 am]
 BILLING CODE 8011-01-P



                                                                             Federal Register / Vol. 81, No. 157 / Monday, August 15, 2016 / Notices                                                    54173

                                                Participant rather than the Protecting                    (B) Institute proceedings to determine                For the Commission, by the Division of
                                                Participant, and (ii) by removing the                   whether the proposed rule change                      Trading and Markets, pursuant to delegated
                                                CPDA option and requiring that                          should be disapproved.                                authority.16
                                                Participants that Protect outside of DTC                                                                      Robert W. Errett,
                                                                                                        IV. Solicitation of Comments                          Deputy Secretary.
                                                to also Cover outside DTC, the proposed
                                                rule change would establish a process                     Interested persons are invited to                   [FR Doc. 2016–19322 Filed 8–12–16; 8:45 am]
                                                that would streamline Cover of Protect                  submit written data, views and                        BILLING CODE 8011–01–P
                                                transactions, allocations and                           arguments concerning the foregoing,
                                                recordkeeping for Participants, and                     including whether the proposed rule
                                                reduce manual processing and the risks,                 change is consistent with the Act.                    SECURITIES AND EXCHANGE
                                                burdens, and costs associated with such                 Comments may be submitted by any of                   COMMISSION
                                                processing for DTC, thereby promoting                   the following methods:                                [Release No. 34–78511; File No. SR–CBOE–
                                                the prompt and accurate clearance and                                                                         2016–049]
                                                settlement of securities, consistent with               Electronic Comments
                                                the requirements of the Act, in                           • Use the Commission’s Internet                     Self-Regulatory Organizations;
                                                particular Section 17A(b)(3)(F), cited                  comment form (http://www.sec.gov/                     Chicago Board Options Exchange,
                                                above.                                                  rules/sro.shtml); or                                  Incorporated; Notice of Designation of
                                                   Additionally, the proposed                             • Send an email to rule-comments@                   Longer Period for Commission Action
                                                ministerial changes to the Procedures,                  sec.gov. Please include File Number SR–               on Proposed Rule Change To List
                                                which update the Guide as set forth                     DTC–2016–005 on the subject line.                     Options That Overlie the FTSE
                                                above, would provide additional clarity                                                                       Developed Europe Index and the FTSE
                                                to Participants and would ensure the                    Paper Comments                                        Emerging Index, To Raise the
                                                accuracy of the Procedures by reflecting                  • Send paper comments in triplicate                 Comprehensive Surveillance
                                                the present state of DTC’s reorganization               to Secretary, Securities and Exchange                 Agreement Percentage Applicable to
                                                services and practices, thereby                         Commission, 100 F Street NE.,                         Certain Index Options, and To Amend
                                                promoting the prompt and accurate                       Washington, DC 20549–1090.                            the Maintenance Listing Criteria
                                                clearance and settlement of securities,                                                                       Applicable to Certain Index Options
                                                consistent with the requirements of the                 All submissions should refer to File
                                                                                                        Number SR–DTC–2016–005. This file                     August 9, 2016.
                                                Act, in particular Section 17A(b)(3)(F),
                                                cited above.                                            number should be included on the                         On June 15, 2016, Chicago Board
                                                                                                        subject line if email is used. To help the            Options Exchange, Incorporated
                                                (B) Clearing Agency’s Statement on                      Commission process and review your                    (‘‘Exchange’’) filed with the Securities
                                                Burden on Competition                                   comments more efficiently, please use                 and Exchange Commission
                                                                                                        only one method. The Commission will                  (‘‘Commission’’), pursuant to Section
                                                  DTC does not believe that the                                                                               19(b)(1) of the Securities Exchange Act
                                                                                                        post all comments on the Commission’s
                                                proposed rule change would have any                                                                           of 1934 (‘‘Act’’) 1 and Rule 19b–4
                                                                                                        Internet Web site (http://www.sec.gov/
                                                impact, or impose any burden, on                                                                              thereunder,2 a proposed rule change to
                                                                                                        rules/sro.shtml). Copies of the
                                                competition because it would remove a                                                                         list and trade options that overlie the
                                                                                                        submission, all subsequent
                                                function that is infrequently used for its                                                                    FTSE Developed Europe Index and the
                                                                                                        amendments, all written statements
                                                intended purpose, and would establish                                                                         FTSE Emerging Index, raise the
                                                                                                        with respect to the proposed rule
                                                a new function, available to all                                                                              comprehensive surveillance agreement
                                                                                                        change that are filed with the
                                                Participants, without the addition of a                                                                       percentage applicable to options that
                                                                                                        Commission, and all written
                                                new fee.                                                                                                      overlie the MSCI EAFE Index and the
                                                                                                        communications relating to the
                                                (C) Clearing Agency’s Statement on                      proposed rule change between the                      MSCI Emerging Markets Index (‘‘EAFE
                                                Comments on the Proposed Rule                           Commission and any person, other than                 options’’ and ‘‘EM options’’), and amend
                                                Change Received From Members,                           those that may be withheld from the                   the maintenance listing criteria
                                                Participants, or Others                                 public in accordance with the                         applicable to EAFE options, EM options,
                                                                                                        provisions of 5 U.S.C. 552, will be                   FTSE 100 Index options, and FTSE
                                                  Written comments relating to the                      available for Web site viewing and                    China 50 Index options. The proposed
                                                proposed rule change have not been                      printing in the Commission’s Public                   rule change was published for comment
                                                solicited or received. DTC will notify                  Reference Room, 100 F Street NE.,                     in the Federal Register on July 1, 2016.3
                                                the Commission of any written                           Washington, DC 20549 on official                      The Commission has received no
                                                comments received by DTC.                               business days between the hours of                    comment letters on the proposal.
                                                III. Date of Effectiveness of the                       10:00 a.m. and 3:00 p.m. Copies of the                   Section 19(b)(2) of the Act 4 provides
                                                Proposed Rule Change and Timing for                     filing also will be available for                     that within 45 days of the publication of
                                                Commission Action                                       inspection and copying at the principal               notice of the filing of a proposed rule
                                                                                                        office of DTC and on DTCC’s Web site                  change, or within such longer period up
                                                  Within 45 days of the date of                         (http://dtcc.com/legal/sec-rule-                      to 90 days as the Commission may
                                                publication of this notice in the Federal               filings.aspx). All comments received                  designate if it finds such longer period
                                                Register or within such longer period                   will be posted without change; the                    to be appropriate and publishes its
                                                up to 90 days (i) as the Commission may                 Commission does not edit personal                     reasons for so finding or as to which the
sradovich on DSK3GMQ082PROD with NOTICES




                                                designate if it finds such longer period                identifying information from                          self-regulatory organization consents,
                                                to be appropriate and publishes its                     submissions. You should submit only
                                                reasons for so finding or (ii) as to which              information that you wish to make                       16 17  CFR 200.30–3(a)(12).
                                                                                                                                                                1 15  U.S.C. 78s(b)(1).
                                                the self-regulatory organization                        available publicly. All submissions                      2 17 CFR 240.19b–4.
                                                consents, the Commission will:                          should refer to File Number SR–DTC–                      3 See Securities Exchange Act Release No. 78177
                                                  (A) By order approve or disapprove                    2016–005 and should be submitted on                   (June 28, 2016), 81 FR 43308.
                                                such proposed rule change, or                           or before September 6, 2016.                             4 15 U.S.C. 78s(b)(2).




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                                                54174                             Federal Register / Vol. 81, No. 157 / Monday, August 15, 2016 / Notices

                                                the Commission shall either approve the                    FOR FURTHER INFORMATION CONTACT:                      organizations that provide essential
                                                proposed rule change, disapprove the                       Louis Cupp, New Markets Policy                        services of governmental nature may file
                                                proposed rule change, or institute                         Analyst, 202–619–0511, louis.cupp@                    disaster loan applications at the address
                                                proceedings to determine whether the                       sba.gov, Curtis B. Rich, Management                   listed above or other locally announced
                                                proposed rule change should be                             Analyst, 202–205–7030, curtis.rich@                   locations.
                                                disapproved. The 45th day for this filing                  sba.gov.                                                 The following areas have been
                                                is August 15, 2016.                                                                                              determined to be adversely affected by
                                                                                                           SUPPLEMENTARY INFORMATION:       The
                                                   The Commission is extending the 45-                                                                           the disaster:
                                                                                                           information collected on SBA Form 480,
                                                day time period for Commission action                      ‘‘Size Status Declaration’’ is a                      Primary Counties: Fallon
                                                on the proposed rule change. The                           certification of small business size                     The Interest Rates are:
                                                Commission finds that it is appropriate                    status. This information collection is
                                                to designate a longer period within                        used to determine whether SBIC                                                                          Percent
                                                which to take action on the proposed                       financial assistance is provided only to
                                                rule change so that it has sufficient time                                                                       For physical damage:
                                                                                                           small business concerns as defined in                   Non-Profit Organizations With
                                                to consider and take action on the                         the Small Business Investment Act and
                                                Exchange’s proposed rule change.                                                                                     Credit Available Elsewhere ...                  2.625
                                                                                                           SBA size regulations. Without this                      Non-Profit Organizations With-
                                                   Accordingly, pursuant to Section                        certification, businesses that exceed                     out Credit Available Else-
                                                19(b)(2)(A)(ii)(I) of the Act 5 and for the                SBA’s size standards could benefit from                   where .....................................     2.625
                                                reasons stated above, the Commission                       program resources meant for small                     For economic injury:
                                                designates September 29, 2016, as the                      businesses.                                             Non-Profit Organizations With-
                                                date by which the Commission should                           Title: ‘‘Size Status Declaration’’.                    out Credit Available Else-
                                                either approve or disapprove, or                              Description of Respondents: Small                      where .....................................     2.625
                                                institute proceedings to determine                         business Investment Companies.
                                                whether to disapprove, the proposed                                                                                The number assigned to this disaster
                                                                                                              Form Number: 480.
                                                rule change (File No. SR–CBOE–2016–                                                                              for physical damage is 14795C and for
                                                                                                              Annual Responses: 2,500.
                                                049).                                                                                                            economic injury is 14796C.
                                                                                                              Annual Burden: 417.
                                                  For the Commission, by the Division of                                                                         (Catalog of Federal Domestic Assistance
                                                Trading and Markets, pursuant to delegated                 Curtis Rich,                                          Number 59008)
                                                authority.6                                                Management Analyst.
                                                                                                                                                                 James E. Rivera,
                                                Robert W. Errett,                                          [FR Doc. 2016–19274 Filed 8–12–16; 8:45 am]
                                                                                                                                                                 Associate Administrator for Disaster
                                                Deputy Secretary.                                          BILLING CODE P
                                                                                                                                                                 Assistance.
                                                [FR Doc. 2016–19316 Filed 8–12–16; 8:45 am]                                                                      [FR Doc. 2016–19281 Filed 8–12–16; 8:45 am]
                                                BILLING CODE 8011–01–P                                                                                           BILLING CODE 8025–01–P
                                                                                                           SMALL BUSINESS ADMINISTRATION
                                                                                                           [Disaster Declaration # 14795 and # 14796]
                                                SMALL BUSINESS ADMINISTRATION                                                                                    SMALL BUSINESS ADMINISTRATION
                                                                                                           Montana Disaster # MT–00098
                                                Data Collection Available for Public                       AGENCY: U.S. Small Business                           Data Collection Available for Public
                                                Comments                                                   Administration.                                       Comments

                                                      60 Day notice and request for
                                                ACTION:                                                    ACTION: Notice.                                             60-Day notice and request for
                                                                                                                                                                 ACTION:
                                                comments.                                                                                                        comments.
                                                                                                           SUMMARY:   This is a Notice of the
                                                SUMMARY:   The Small Business                              Presidential declaration of a major                   SUMMARY:   The Small Business
                                                Administration (SBA) intends to request                    disaster for Public Assistance Only for               Administration (SBA) intends to request
                                                approval, from the Office of                               the State of MONTANA (FEMA–4275–                      approval, from the Office of
                                                Management and Budget (OMB) for the                        DR), dated 08/03/2016.                                Management and Budget (OMB) for the
                                                collection of information described                          Incident: Tornado.                                  collection of information described
                                                below. The Paperwork Reduction Act                           Incident Period: 06/11/2016.                        below. The Paperwork Reduction Act
                                                (PRA) of 1995, 44 U.S.C. Chapter 35                          Effective Date: 08/03/2016.                         (PRA) of 1995, 44 U.S.C Chapter 35
                                                requires federal agencies to publish a                       Physical Loan Application Deadline                  requires federal agencies to publish a
                                                notice in the Federal Register                             Date: 10/03/2016.                                     notice in the Federal Register
                                                concerning each proposed collection of                       Economic Injury (EIDL) Loan                         concerning each proposed collection of
                                                information before submission to OMB,                      Application Deadline Date: 05/03/2017.                information before submission to OMB,
                                                and to allow 60 days for public                            ADDRESSES: Submit completed loan                      and to allow 60 days for public
                                                comment in response to the notice. This                    applications to: U.S. Small Business                  comment in response to the notice. This
                                                notice complies with that requirement.                     Administration, Processing and                        notice complies with that requirement.
                                                DATES: Submit comments on or before                        Disbursement Center, 14925 Kingsport                  DATES: Submit comments on or before
                                                October 14, 2016.                                          Road, Fort Worth, TX 76155.                           October 14, 2016.
                                                ADDRESSES: Send all comments to Louis                      FOR FURTHER INFORMATION CONTACT: A.                   ADDRESSES: Send all comments to Mary
                                                                                                           Escobar, Office of Disaster Assistance,               Frias, Loan Specialist, Office of
sradovich on DSK3GMQ082PROD with NOTICES




                                                Cupp, New Markets Policy Analyst,
                                                Office of Investment and Innovation,                       U.S. Small Business Administration,                   Financial Assistance, Small Business
                                                Small Business Administration, 409 3rd                     409 3rd Street SW., Suite 6050,                       Administration, 409 3rd Street SW.,
                                                Street SW., 6th Floor, Washington, DC                      Washington, DC 20416.                                 Washington, DC 20416.
                                                20416.                                                     SUPPLEMENTARY INFORMATION: Notice is                  FOR FURTHER INFORMATION CONTACT:
                                                                                                           hereby given that as a result of the                  Mary Frias, Loan Specialist, Office of
                                                  5 15   U.S.C. 78s(b)(2)(A)(ii)(I).                       President’s major disaster declaration on             Financial Assistance, mary.frias@
                                                  6 17   CFR 200.30–3(a)(31).                              08/03/2016, Private Non-Profit                        sba.gov 202–401–8234, or Curtis B.


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Document Created: 2016-08-13 02:22:29
Document Modified: 2016-08-13 02:22:29
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 54173 

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