81 FR 60764 - In the Matter of Luxeyard, Inc., and SuperDirectories, Inc.; Order of Suspension of Trading
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 171 (September 2, 2016)
Federal Register Volume 81, Issue 171 (September 2, 2016)
| Page Range | 60764-60765 | |
| FR Document | 2016-21301 |
[Federal Register Volume 81, Number 171 (Friday, September 2, 2016)] [Notices] [Pages 60764-60765] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-21301] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] In the Matter of Luxeyard, Inc., and SuperDirectories, Inc.; Order of Suspension of Trading August 31, 2016. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Luxeyard, Inc. (CIK No. 1493587), a Delaware corporation with its principal place of business listed as Los Angeles, California, with stock quoted on OTC Link (previously, ``Pink Sheets'') operated by OTC Markets Group, Inc. (``OTC Link'') under the ticker symbol LUXR, because it has not filed any periodic reports since April 9, 2013. On August 19, 2015, Luxeyard, Inc. was sent a delinquency letter by the Division of Corporation Finance requesting compliance with its periodic filing obligations, but did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of SuperDirectories, Inc. (CIK No. 1338624), a delinquent Wyoming corporation with its principal place of business listed as Merrill, New York, with stock quoted on OTC Link under the ticker symbol SDIR, because it has not filed any periodic reports since the period ended June 30, 2014. On September 25, 2015, SuperDirectories, Inc. was sent a delinquency letter by the Division of Corporation Finance requesting compliance with its periodic filing obligations, but did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). 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 company. 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 company is suspended for the period from 9:30 a.m. EDT on August 31, 2016, through 11:59 p.m. EDT on September 14, 2016. [[Page 60765]] By the Commission. Jill M. Peterson, Assistant Secretary. [FR Doc. 2016-21301 Filed 8-31-16; 4:15 pm] BILLING CODE 8011-01-P
![60764 Federal Register / Vol. 81, No. 171 / Friday, September 2, 2016 / Notices
Interested persons are invited to Comments may be submitted by any SECURITIES AND EXCHANGE
submit written data, views, and of the following methods: COMMISSION
arguments regarding whether the
proposal should be approved or Electronic Comments [File No. 500–1]
disapproved by September 23, 2016. • Use the Commission’s Internet In the Matter of Luxeyard, Inc., and
Any person who wishes to file a rebuttal comment form (http://www.sec.gov/
to any other person’s submission must SuperDirectories, Inc.; Order of
rules/sro.shtml); or Suspension of Trading
file that rebuttal by October 7, 2016. The
Commission asks that commenters • Send an email to rule-comments@
August 31, 2016.
address the sufficiency of the sec.gov. Please include File Number SR–
NYSEArca–2016–70 on the subject line. It appears to the Securities and
Exchange’s statements in support of the Exchange Commission that there is a
proposal, which are set forth in the Paper Comments lack of current and accurate information
Notice,22 as modified by Amendment concerning the securities of Luxeyard,
No. 1 thereto,23 in addition to any other • Send paper comments in triplicate Inc. (CIK No. 1493587), a Delaware
comments they may wish to submit to Secretary, Securities and Exchange corporation with its principal place of
about the proposed rule change. Commission, 100 F Street NE., business listed as Los Angeles,
The Commission generally seeks Washington, DC 20549–1090. California, with stock quoted on OTC
comment on whether the Exchange’s Link (previously, ‘‘Pink Sheets’’)
representations relating to the proposed All submissions should refer to File
Number SR–NYSEArca–2016–70. This operated by OTC Markets Group, Inc.
portfolio holdings in Rule 144A
file number should be included on the (‘‘OTC Link’’) under the ticker symbol
securities are sufficient to prevent the
subject line if email is used. To help the LUXR, because it has not filed any
susceptibility of the Funds to
Commission process and review your periodic reports since April 9, 2013. On
manipulation and are thereby consistent
comments more efficiently, please use August 19, 2015, Luxeyard, Inc. was
with the requirements of section 6(b)(5)
only one method. The Commission will sent a delinquency letter by the Division
of the Act, which, among other things,
post all comments on the Commission’s of Corporation Finance requesting
requires that the rules of an exchange be
Internet Web site (http://www.sec.gov/ compliance with its periodic filing
designed to prevent fraudulent and
rules/sro.shtml). Copies of the obligations, but did not receive the
manipulative acts and practices and to
submission, all subsequent delinquency letter due to its failure to
protect investors and the public interest.
amendments, all written statements maintain a valid address on file with the
In particular, the Commission seeks
with respect to the proposed rule Commission as required by Commission
comment on the following:
change that are filed with the rules (Rule 301 of Regulation S–T, 17
As described above, the Exchange has
Commission, and all written CFR 232.301 and Section 5.4 of EDGAR
proposed that each Fund be permitted
communications relating to the Filer Manual).
to include Rule 144A securities within
proposed rule change between the It appears to the Securities and
a Fund’s principal investments in debt
Commission and any person, other than Exchange Commission that there is a
securities. As a result of the proposed
those that may be withheld from the lack of current and accurate information
change, each Fund would be permitted
public in accordance with the concerning the securities of
to invest 100% of its principal
provisions of 5 U.S.C. 552, will be SuperDirectories, Inc. (CIK No.
investments in Rule 144A securities.
available for Web site viewing and 1338624), a delinquent Wyoming
The Exchange also provides that all of
printing in the Commission’s Public corporation with its principal place of
the Rule 144A securities in which a
Reference Room, 100 F Street NE., business listed as Merrill, New York,
Fund invests will be corporate debt
Washington, DC 20549, on official with stock quoted on OTC Link under
securities for which transactions are
business days between the hours of the ticker symbol SDIR, because it has
reported in TRACE. Rule 144A
10:00 a.m. and 3:00 p.m. Copies of the not filed any periodic reports since the
securities are restricted securities,
filing also will be available for period ended June 30, 2014. On
which, as described above, are subject to
inspection and copying at the principal September 25, 2015, SuperDirectories,
legal restrictions on their sale and
office of the Exchange. All comments Inc. was sent a delinquency letter by the
generally are sold in privately
received will be posted without change; Division of Corporation Finance
negotiated transactions, pursuant to an
the Commission does not edit personal requesting compliance with its periodic
exemption from registration under the
identifying information from filing obligations, but did not receive
Securities Act, or in a registered public
submissions. You should submit only the delinquency letter due to its failure
offering. The Exchange has not
information that you wish to make to maintain a valid address on file with
proposed additional quantitative criteria
available publicly. All submissions the Commission as required by
with respect to minimum liquidity or
should refer to File Number SR– Commission rules (Rule 301 of
minimum diversification measures to be
NYSEArca–2016–70 and should be Regulation S–T, 17 CFR 232.301 and
applied to the Rule 144A securities. Do
submitted on or before September 23, Section 5.4 of EDGAR Filer Manual).
commenters have views on whether the
2016. Rebuttal comments should be The Commission is of the opinion that
specific Rule 144A securities in which
submitted by October 7, 2016. the public interest and the protection of
each Fund may invest would be
investors require a suspension of trading
sufficiently liquid and sufficiently For the Commission, by the Division of
in the securities of the above-listed
diversified so as to reduce the extent to Trading and Markets, pursuant to delegated
company.
mstockstill on DSK3G9T082PROD with NOTICES
which Managed Fund Shares holding authority.24
Therefore, it is ordered, pursuant to
principally restricted securities may be Robert W. Errett,
Section 12(k) of the Securities Exchange
susceptible to manipulation? Deputy Secretary. Act of 1934, that trading in the
[FR Doc. 2016–21129 Filed 9–1–16; 8:45 am] securities of the above-listed company is
Affairs, S. Rep. No. 75, 94th Cong., 1st Sess. 30
(1975). BILLING CODE 8011–01–P suspended for the period from 9:30 a.m.
22 See supra note 3. EDT on August 31, 2016, through 11:59
23 See supra note 6. 24 17 CFR 200.30–3(a)(57). p.m. EDT on September 14, 2016.
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![Federal Register / Vol. 81, No. 171 / Friday, September 2, 2016 / Notices 60765
By the Commission. A. Self-Regulatory Organization’s trading day is reasonable to avoid
Jill M. Peterson, Statement of the Purpose of, and investor confusion. This confusion will
Assistant Secretary. Statutory Basis for, the Proposed Rule not apply with Wednesday SPY
[FR Doc. 2016–21301 Filed 8–31–16; 4:15 pm] Change Expirations and standard monthly
options because they will not expire on
BILLING CODE 8011–01–P 1. Purpose
the same trading day, as standard
The Exchange proposes to amend ISE monthly options do not expire on
SECURITIES AND EXCHANGE Rule 100 and 504 at Supplementary Wednesdays. Additionally, it would
COMMISSION Material .02 to expand the Short Term lead to investor confusion if Wednesday
Option Series Program to permit the SPY Expirations were not listed for one
[Release No. 34–78715; File No. SR–ISE– listing and trading of options with week every month because there was a
2016–18] Wednesday expirations. The Exchange monthly SPY expiration on the Friday
also proposes to amend the definition of of that week.
Self-Regulatory Organizations; Short Term Options Series in Rule Under the proposed Wednesday SPY
International Securities Exchange, 100(47) to conform the rule text to Expirations, the Exchange may list up to
LLC; Notice of Filing and Immediate include Thursday, which is currently five consecutive Wednesday SPY
Effectiveness of Proposed Rule included in the Short Terms Options Expirations at one time. The Exchange
Change To Expand the Short Term Series Program at Rule 504 at may have no more than a total of five
Option Series Program Supplementary Material .02. Wednesday SPY Expirations listed. This
Currently, under the Short Term is the same listing procedure as Short
August 29, 2016.
Option Series Program, the Exchange Term Option Series that expire on
Pursuant to section 19(b)(1) of the may open for trading on any Thursday Fridays. The Exchange is also proposing
Securities Exchange Act of 1934 or Friday that is a business day series to clarify that the five series limit in the
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 of options on that class that expire on current Short Term Option Series
notice is hereby given that on August each of the next five consecutive Program Rule will not include any
26, 2016, the International Securities Fridays, provided that such Friday is Wednesday SPY Expirations.5 This
Exchange, LLC (‘‘Exchange’’) filed with not a Friday in which monthly options means, under the proposal, the
the Securities and Exchange series or Quarterly Options Series expire Exchange would be allowed to list five
Commission (‘‘SEC’’ or ‘‘Commission’’) (‘‘Short Term Option Series’’). The Short Term Option Series expirations
the proposed rule change as described Exchange is now proposing to amend its for SPY expiring on Friday under the
in Items I and II, below, which Items rule to permit the listing of options current rule and five Wednesday SPY
have been prepared by the Exchange. expiring on Wednesdays. Specifically, Expirations. The interval between strike
The Commission is publishing this the Exchange is proposing that it may prices for the proposed Wednesday SPY
notice to solicit comments on the open for trading on any Tuesday or Expirations will be the same as those for
proposed rule change from interested Wednesday that is a business day, series the current Short Term Option Series.
persons. of options on the SPDR S&P 500 ETF Specifically, the Wednesday SPY
I. Self-Regulatory Organization’s Trust (SPY) to expire on any Wednesday Expirations will have $0.50 strike
Statement of the Terms of Substance of of the month that is a business day and intervals.
the Proposed Rule Change is not a Wednesday in which Quarterly Currently, for each Short Term Option
Options Series expire (‘‘Wednesday SPY Expiration Date, the Exchange is limited
The Exchange proposes to expand the
Expirations’’) 3 The proposed to opening thirty (30) series for each
Short Term Option Series Program to
Wednesday SPY Expiration series will expiration date for the specific class.
allow Wednesday expirations for SPY
be similar to the current Short Term The thirty (30) series restriction does
options.
Option Series, with certain exceptions, not include series that are open by other
The text of the proposed rule change
as explained in greater detail below. The securities exchanges under their
is available on the Exchange’s Web site
Exchange notes that having Wednesday respective short term option rules; the
at www.ise.com, at the principal office
expirations is not a novel proposal. Exchange may list these additional
of the Exchange, and at the
Specifically, BOX recently received series that are listed by other
Commission’s Public Reference Room.
approval to list Wednesday SPY exchanges.6 The thirty (30) series
II. Self-Regulatory Organization’s expirations for SPY options.4 restriction shall apply to Wednesday
Statement of the Purpose of, and In regards to Wednesday SPY SPY Expiration series as well. In
Statutory Basis for, the Proposed Rule Expirations, the Exchange is proposing addition, the Exchange will be able to
Change to remove the current restriction list series that are listed by other
In its filing with the Commission, the preventing the Exchange from listing exchanges, assuming they file similar
Exchange included statements Short Term Option Series that expire in rules with the Commission to list SPY
concerning the purpose of and basis for the same week in which monthly option options expiring on Wednesdays.
the proposed rule change and discussed series in the same class expire. As is the case with current Short
any comments it received on the Specifically, the Exchange will be Term Option Series, the Wednesday
proposed rule change. The text of these allowed to list Wednesday SPY SPY Expiration series will be P.M.-
statements may be examined at the Expirations in the same week in which settled. The Exchange does not believe
places specified in Item IV below. The monthly option series in SPY expire.
mstockstill on DSK3G9T082PROD with NOTICES
Exchange has prepared summaries, set The current restriction to prohibit the 5 ISE may open for trading on any Thursday or
expiration of monthly and Short Term Friday that is a business day series of options on
forth in sections A, B, and C below, of that class that expire on each of the next five
the most significant aspects of such Option Series from expiring on the same Fridays that are business days and are not Fridays
statements. in which monthly options series or Quarterly
3 SeeISE Rule 504 at Supplementary Material .02. Options Series expire (‘‘Short Term Option
4 SeeSecurities Exchange Act Release No. 78668 Expiration Dates’’). See ISE Rule 504 at
1 15 U.S.C. 78s(b)(1). Supplementary Material .02.
(SR–BOX–2016–28) (pending publication in the
2 17 CFR 240.19b–4. Federal Register). 6 See ISE Rule 504 at Supplementary Material .02.
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Document Created: 2018-02-09 11:55:41
Document Modified: 2018-02-09 11:55:41
| 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 60764 |
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