81 FR 7179 - SEC Advisory Committee on Small and Emerging Companies; Meeting

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 27 (February 10, 2016)

Page Range		7179-7180
FR Document		2016-02658

The Securities and Exchange Commission Advisory Committee on Small and Emerging Companies is providing notice that it will hold a public meeting on Thursday, February 25, 2016, in Multi-Purpose Room LL-006 at the Commission's headquarters, 100 F Street NE., Washington, DC. The meeting will begin at 9:30 a.m. (EST) and will be open to the public. The meeting will be webcast on the Commission's Web site at www.sec.gov. Persons needing special accommodations to take part because of a disability should notify the contact person listed below. The public is invited to submit written statements to the Committee. The agenda for the meeting includes matters relating to rules and regulations affecting small and emerging companies under the federal securities laws.

Federal Register, Volume 81 Issue 27 (Wednesday, February 10, 2016)

[Federal Register Volume 81, Number 27 (Wednesday, February 10, 2016)]
[Notices]
[Pages 7179-7180]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-02658]


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SECURITIES AND EXCHANGE COMMISSION

[Release Nos. 33-10034; 34-77064; File No. 265-27]


SEC Advisory Committee on Small and Emerging Companies; Meeting

AGENCY: Securities and Exchange Commission.

ACTION: Notice of meeting.

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SUMMARY: The Securities and Exchange Commission Advisory Committee on 
Small and Emerging Companies is providing notice that it will hold a 
public meeting on Thursday, February 25, 2016, in Multi-Purpose Room 
LL-006 at the Commission's headquarters, 100 F Street NE., Washington, 
DC. The meeting will begin at 9:30 a.m. (EST) and will be open to the 
public. The meeting will be webcast on the Commission's Web site at 
www.sec.gov. Persons needing special accommodations to take part 
because of a disability should notify the contact person listed below. 
The public is invited to submit written statements to the Committee. 
The agenda for the meeting includes matters relating to rules and 
regulations affecting small and emerging companies under the federal 
securities laws.

DATES: The public meeting will be held on Thursday, February 25, 2016. 
Written statements should be received on or before February 23, 2016.

ADDRESSES: The meeting will be held at the Commission's headquarters, 
100 F

[[Page 7180]]

Street NE., Washington, DC. Written statements may be submitted by any 
of the following methods:

Electronic Statements

     Use the Commission's Internet submission form (http://www.sec.gov/info/smallbus/acsec.shtml); or
     Send an email message to [email protected]. Please 
include File Number 265-27 on the subject line; or

Paper Statements

     Send paper statements to Brent J. Fields, Federal Advisory 
Committee Management Officer, Securities and Exchange Commission, 100 F 
Street NE., Washington, DC 20549-1090.
    All submissions should refer to File No. 265-27. This file number 
should be included on the subject line if email is used. To help us 
process and review your statement more efficiently, please use only one 
method. The Commission will post all statements on the Advisory 
Committee's Web site (http://www.sec.gov/spotlight/acsec-spotlight.shtml).
    Statements also 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. All statements received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.

FOR FURTHER INFORMATION CONTACT: Julie Z. Davis, Senior Special 
Counsel, at (202) 551-3460, Office of Small Business Policy, Division 
of Corporation Finance, Securities and Exchange Commission, 100 F 
Street NE., Washington, DC 20549-3628.

SUPPLEMENTARY INFORMATION: In accordance with Section 10(a) of the 
Federal Advisory Committee Act, 5 U.S.C.--App. 1, and the regulations 
thereunder, Keith Higgins, Designated Federal Officer of the Committee, 
has ordered publication of this notice.

     Dated: February 5, 2016.
Brent J. Fields,
Committee Management Officer.
[FR Doc. 2016-02658 Filed 2-9-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 27 / Wednesday, February 10, 2016 / Notices 7179

counting purposes. The Exchange C. Self-Regulatory Organization’s available for Web site viewing and
believes that this additional clarity and Statement on Comments on the printing in the Commission’s Public
detail will eliminate confusion among Proposed Rule Change Received From Reference Room, 100 F Street NE.,
market participants, which is in the Members, Participants or Others Washington, DC 20549, on official
interests of all investors and the general The Exchange neither solicited nor business days between the hours of
public. received written comments on the 10:00 a.m. and 3:00 p.m. Copies of such
proposed rule change. filing will also be available for
B. Self-Regulatory Organization’s inspection and copying at the principal
Statement on Burden on Competition III. Date of Effectiveness of the office of the Exchange. All comments
Proposed Rule Change and Timing for received will be posted without change;
The Exchange does not believe that Commission Action the Commission does not edit personal
the proposed rule change will impose
Within 45 days of the date of identifying information from
any burden on competition that is not
publication of this notice in the Federal submissions. You should submit only
necessary or appropriate in furtherance
Register or within such longer period information that you wish to make
of the purposes of the Act. As discussed available publicly. All submissions
above, the Exchange does not believe up to 90 days (i) as the Commission may
designate if it finds such longer period should refer to File No. SR–CBOE–
that the current rules of CBOE and other 2016–005 and should be submitted on
exchanges that accord priority to all to be appropriate and publishes its
reasons for so finding or (ii) as to which or before March 2,2016.
public customers over broker-dealers are
unfairly discriminatory. Nor does the the Exchange consents, the Commission For the Commission, by the Division of
will: Trading and Markets, pursuant to delegated
Exchange believe that it is unfairly authority.28
discriminatory to accord priority to only A. by order approve or disapprove
such proposed rule change, or Robert W. Errett,
those customers who on average do not
B. institute proceedings to determine Deputy Secretary.
place more than one order per minute
whether the proposed rule change [FR Doc. 2016–02602 Filed 2–9–16; 8:45 am]
(390 per day) under the counting regime
should be disapproved. BILLING CODE 8011–01–P
that the Exchange proposes. The
Exchange believes that its proposal does IV. Solicitation of Comments
not impose an undue burden on Interested persons are invited to SECURITIES AND EXCHANGE
competition. The Exchange notes that submit written data, views, and COMMISSION
one of the purposes of the Professional arguments concerning the foregoing,
rules is to help ensure fairness in the including whether the proposed rule [Release Nos. 33–10034; 34–77064; File No.
marketplace and promote competition 265–27]
change is consistent with the Act.
among all market participants. The Comments may be submitted by any of SEC Advisory Committee on Small and
Exchange believes that proposed the following methods: Emerging Companies; Meeting
Interpretation and Policy .01 to Rule
1.1(ggg) would help establish more Electronic Comments AGENCY: Securities and Exchange
competition among market participants • Use the Commission’s Internet Commission.
and promote the purposes for which the comment form (http://www.sec.gov/ ACTION: Notice of meeting.
Exchange’s Professional rule was rules/sro.shtml); or
originally adopted. The Exchange does • Send an email to rule-comments@ SUMMARY: The Securities and Exchange
not believe that the Act requires it to sec.gov. Please include File No. SR– Commission Advisory Committee on
provide the same incentives and CBOE–2016–005 on the subject line. Small and Emerging Companies is
discounts to all market participants providing notice that it will hold a
Paper Comments public meeting on Thursday, February
equally, so as long as the exchange does
not unfairly discriminate among • Send paper comments in triplicate 25, 2016, in Multi-Purpose Room LL–
participants with regard to access to to Secretary, Securities and Exchange 006 at the Commission’s headquarters,
exchange systems. The Exchange Commission, 100 F Street NE., 100 F Street NE., Washington, DC. The
Washington, DC 20549–1090. meeting will begin at 9:30 a.m. (EST)
believes that here, that is clearly the
All submissions should refer to File and will be open to the public. The
case.
No. SR–CBOE–2016–005. This file meeting will be webcast on the
Rather than burden competition, the number should be included on the Commission’s Web site at www.sec.gov.
Exchange believes that the proposed subject line if email is used. To help the Persons needing special
rule change promotes competition by Commission process and review your accommodations to take part because of
ensuring that retail investors continue to comments more efficiently, please use a disability should notify the contact
receive the appropriate marketplace only one method. The Commission will person listed below. The public is
advantages in the CBOE marketplace as post all comments on the Commission’s invited to submit written statements to
intended, while furthering competition Internet Web site (http://www.sec.gov/ the Committee. The agenda for the
among marketplace professionals by rules/sro.shtml). Copies of the meeting includes matters relating to
treating them in the same manner under submission, all subsequent rules and regulations affecting small and
the Rules as other similarly situated amendments, all written statements emerging companies under the federal
asabaliauskas on DSK9F6TC42PROD with NOTICES2

market participants by ensuring that with respect to the proposed rule securities laws.
market participants with similar access change that are filed with the DATES: The public meeting will be held
to information and technology (i.e. Commission, and all written on Thursday, February 25, 2016.
Professionals and broker-dealers), communications relating to the Written statements should be received
receive similar treatment under the proposed rule change between the on or before February 23, 2016.
Rules while retail investors receive the Commission and any person, other than ADDRESSES: The meeting will be held at
benefits of order priority and fee those that may be withheld from the the Commission’s headquarters, 100 F
waivers that are intended to apply to public in accordance with the
public customers. provisions of 5 U.S.C. 552, will be 28 17 CFR 200.30–3(a)(12).

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7180 Federal Register / Vol. 81, No. 27 / Wednesday, February 10, 2016 / Notices

Street NE., Washington, DC. Written SECURITIES AND EXCHANGE The text of the proposed rule change
statements may be submitted by any of COMMISSION is available on the MSRB’s Web site at
the following methods: www.msrb.org/Rules-and-
[Release No. 34–77051; File No. SR–MSRB– Interpretations/SEC-Filings/2016-
Electronic Statements 2016–02]
Filings.aspx, at the MSRB’s principal
• Use the Commission’s Internet Self-Regulatory Organizations; office, and at the Commission’s Public
Municipal Securities Rulemaking Reference Room.
submission form (http://www.sec.gov/
info/smallbus/acsec.shtml); or Board; Notice of Filing and Immediate II. Self-Regulatory Organization’s
Effectiveness of a Proposed Rule Statement of the Purpose of, and
• Send an email message to rule-
Change Relating to the Content Outline Statutory Basis for, the Proposed Rule
comments@sec.gov. Please include File
for the Series 9/10 Examination Change
Number 265–27 on the subject line; or Program In its filing with the Commission, the
Paper Statements MSRB included statements concerning
February 4, 2016.
the purpose of and basis for the
• Send paper statements to Brent J. Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the proposed rule change and discussed any
Fields, Federal Advisory Committee
‘‘Act’’ or ‘‘Exchange Act’’) 1 and Rule comments it received on the proposed
Management Officer, Securities and rule change. The text of these statements
Exchange Commission, 100 F Street NE., 19b–4 thereunder,2 notice is hereby
given that on January 22, 2016, the may be examined at the places specified
Washington, DC 20549–1090. in Item IV below. The MSRB has
Municipal Securities Rulemaking Board
All submissions should refer to File (the ‘‘MSRB’’ or ‘‘Board’’) filed with the prepared summaries, set forth in
No. 265–27. This file number should be Securities and Exchange Commission Sections A, B, and C below, of the most
included on the subject line if email is (‘‘Commission’’) the proposed rule significant aspects of such statements.
used. To help us process and review change as described in Items I, II, and A. Self-Regulatory Organization’s
your statement more efficiently, please III below, which Items have been Statement of the Purpose of, and
use only one method. The Commission prepared by the MSRB. The MSRB has Statutory Basis for, the Proposed Rule
will post all statements on the Advisory designated the proposed rule change as Change
Committee’s Web site (http:// ‘‘constituting a stated policy, practice,
www.sec.gov/spotlight/acsec- 1. Purpose
or interpretation with respect to the
spotlight.shtml). meaning, administration, or Background
Statements also will be available for enforcement of an existing rule’’ under The MSRB has established a
Web site viewing and printing in the Section 19(b)(3)(A)(i) of the Act 3 and professional qualifications program that
Commission’s Public Reference Room, Rule 19b–4(f)(1) thereunder,4 which prescribes standards of training,
100 F Street NE., Washington, DC renders the proposal effective upon experience, and competency for brokers,
receipt of this filing by the Commission. dealers and municipal securities dealers
20549, on official business days
The Commission is publishing this (collectively, ‘‘dealers’’) and their
between the hours of 10:00 a.m. and
notice to solicit comments on the associated persons. Section 15B(b)(2)(A)
3:00 p.m. All statements received will proposed rule change from interested
be posted without change; we do not of the Act requires associated persons of
persons. dealers to meet such standards of
edit personal identifying information
I. Self-Regulatory Organization’s training, experience, competence, and
from submissions. You should submit
Statement of the Terms of Substance of such other qualifications as the MSRB
only information that you wish to make finds necessary or appropriate in the
available publicly. the Proposed Rule Change
public interest or for the protection of
FOR FURTHER INFORMATION CONTACT: Julie The MSRB filed with the Commission investors and municipal entities or
Z. Davis, Senior Special Counsel, at proposed revisions to the content obligated persons.6 The MSRB has
outline for the Municipal Securities developed examinations that are
(202) 551–3460, Office of Small
Sales Principal (Series 9/10) designed to establish that persons
Business Policy, Division of Corporation
examination program (the ‘‘proposed associated with dealers that effect
Finance, Securities and Exchange
rule change’’). The MSRB proposes to transactions in municipal securities and
Commission, 100 F Street NE., implement the revised Series 9/10
Washington, DC 20549–3628. municipal advisors who engage in
examination program on March 7, 2016. municipal advisory activities have
SUPPLEMENTARY INFORMATION: In The proposed revisions update the attained specified levels of competence
accordance with Section 10(a) of the material to reflect changes to the laws, and knowledge. The content outline for
Federal Advisory Committee Act, 5 rules and regulations covered by the each examination serves as a guide to
U.S.C.—App. 1, and the regulations examination and to incorporate the the subject matter tested on the
thereunder, Keith Higgins, Designated functions and associated tasks currently examination and provides learning
Federal Officer of the Committee, has performed by a Municipal Securities objectives associated with each subject
ordered publication of this notice. Sales Principal. In addition, the Board is matter to assist candidates in preparing
proposing to make changes to the format for each examination. Each content
Dated: February 5, 2016. of the content outline. The MSRB is not
asabaliauskas on DSK9F6TC42PROD with NOTICES2

outline also provides sample questions
Brent J. Fields, proposing in this filing any textual similar to the type of questions that may
Committee Management Officer. change to its rules.5 be found on the examination. The
[FR Doc. 2016–02658 Filed 2–9–16; 8:45 am]
1 15 U.S.C. 78s(b)(1).
BILLING CODE 8011–01–P bank and selection specifications with the SEC on
2 17 CFR 240.19b–4. December 23, 2015. See Release No. 34–76812
3 15 U.S.C. 78s(b)(3)(A)(i).
(December 31, 2015), 81 FR 834 (January 7, 2016)
4 17 CFR 240.19b–4(f)(1). (File No. SR–FINRA–2015–058).
5 The Financial Industry Regulatory Authority 6 Section 15B(b)(2)(A)(iii) of the Act, 15 U.S.C.

(‘‘FINRA’’) filed changes to the Series 9/10 question 78o–4(b)(2)(A)(iii).

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Document Created: 2016-02-10 00:19:39
Document Modified: 2016-02-10 00:19:39

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
Action		Notice of meeting.
Dates		The public meeting will be held on Thursday, February 25, 2016. Written statements should be received on or before February 23, 2016.
Contact		Julie Z. Davis, Senior Special Counsel, at (202) 551-3460, Office of Small Business Policy, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-3628.
FR Citation		81 FR 7179