81 FR 79079 - Self-Regulatory Organizations; Miami International Securities Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 218 (November 10, 2016)
Federal Register Volume 81, Issue 218 (November 10, 2016)
| Page Range | 79079-79080 | |
| FR Document | 2016-27155 |
[Federal Register Volume 81, Number 218 (Thursday, November 10, 2016)] [Notices] [Pages 79079-79080] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-27155] [[Page 79079]] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-79246; File No. SR-MIAX-2016-41] Self-Regulatory Organizations; Miami International Securities Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule November 4, 2016. Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on October 27, 2016, Miami International Securities Exchange LLC (``MIAX'' or ``Exchange'') filed with the Securities and Exchange Commission (``Commission'') a proposed rule change as described in Items I, II, and III below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange is filing a proposal to amend the MIAX Options Fee Schedule (the ``Fee Schedule'') to delete rule text concerning certain transaction fees of limited duration that expire on October 31, 2016. The text of the proposed rule change is available on the Exchange's Web site at http://www.miaxoptions.com/filter/wotitle/rule_filing, at MIAX's principal office, and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange is proposing to delete rule text concerning certain transaction fees of limited duration that expire on October 31, 2016. Since the Exchange is not proposing to extend the duration of such fees, the fees automatically expire and the associated rule text becomes obsolete after October 31, 2016. There are three (3) limited duration transaction fees that are expiring on October 31, 2016. The first such fee is the $0.12 per contract Posted Liquidity Marketing Fee (described below) applicable to options overlying EEM, GLD, IWM, QQQ and SPY (the ``designated symbols''), as listed in the Fee Schedule. The second such fee is the $0.50 per contract transaction fee applicable to orders executed for the account of non-MIAX market makers in options overlying the designated symbols. The third such fee is the discounted $0.48 per contract transaction fee applicable to orders executed for the account of non-MIAX market makers in options overlying the designated symbols applicable to any Member or its Affiliate that qualifies for the Priority Customer Rebate Program (``PCRP'') Volume Tier 3 or Higher, as discussed below. First, Marketing Fees are currently assessed on certain transactions of all MIAX Market Makers.\3\ Currently, Section (1)(b) of the Fee Schedule provides that the Exchange will assess a Marketing Fee to all Market Makers for contracts, including mini options, they execute in their assigned classes in simple or complex order executions when the contra-party to the execution is a Priority Customer. The Marketing Fee in complex order executions will be assessed per contract (whether the transaction executes in a strategy match, complex auction, or by legging into the Book). MIAX does not assess a Marketing Fee to Market Makers for contracts executed as a PRIME Agency Order, Contra- side Order, Qualified Contingent Cross Order, PRIME Participating Quote or Order, or a PRIME AOC Response in the PRIME Auction, unless it executes against an unrelated order. --------------------------------------------------------------------------- \3\ See Fee Schedule, Section (1)(b), entitled ``Marketing Fee'' for more detail regarding the Marketing Fee. --------------------------------------------------------------------------- The Exchange also currently assesses, for a limited duration (for transactions that occur on or after September 1, 2016 and extending through October 31, 2016), in simple order executions, an additional $0.12 per contract Posted Liquidity Marketing Fee to all Market Makers for any standard options overlying the designated symbols that Market Makers execute in their assigned class when the contra-party to the execution is a Priority Customer and the Priority Customer order was posted on the MIAX Book at the time of the execution.\4\ Since the Exchange is not proposing to extend the duration of the additional $0.12 per contract fee, such fee automatically expires and the associated rule text becomes obsolete after October 31, 2016. Accordingly, the Exchange is deleting the associated rule text regarding the Posted Liquidity Marketing Fee in Section (1)(b) and footnote 15. As a result of the deletion of footnote 15, all subsequent footnotes in Fee Schedule have been renumbered. --------------------------------------------------------------------------- \4\ For a complete description of the Posted Liquidity Marketing Fee, see Securities Exchange Act Release No. 73848 (December 16, 2014), 79 FR 76421 (December 22, 2014) (SR-MIAX-2014-62); see also Securities Exchange Act Release No. 78781 (September 7, 2016), 81 FR 62942 (September 13, 2016) (SR-MIAX-2016-30). --------------------------------------------------------------------------- Second, the Exchange currently assesses transaction fees on Members for orders that are executed for the account of non-MIAX market makers.\5\ Currently, Section (1)(a)(ii) of the Fee Schedule provides that the Exchange will assess a $0.47 per contract transaction fee for simple and complex order executions for the account of non-MIAX market makers in standard options that are in the Penny Pilot Program.\6\ However, for a limited duration (for transactions that occur on or after September 1, 2016 and extending through October 31, 2016), for any standard options overlying the designated symbols, the Exchange assesses a $0.50 per contract transaction fee (in lieu of the $0.47 per contract transaction fee) for simple order executions for the account of non-MIAX market makers in standard options that are in the Penny Pilot Program. Since the Exchange is not proposing to extend the duration of the $0.50 per contract transaction fee, such fee automatically expires and the associated rule text becomes obsolete after October 31, 2016. Accordingly, the Exchange is deleting the associated rule text in footnote 8 to the Fee Schedule. If, however, a Member or its Affiliate qualifies for the PCRP Volume Tier 3 or Higher, such Member is currently assessed a [[Page 79080]] discounted transaction fee. Pursuant to footnote 8 of the Fee Schedule, for a Member in the PCRP, the Exchange will assess a $0.45 per contract transaction fee for simple and complex order executions for the account of non-MIAX market makers in standard options that are in the Penny Pilot Program. However, for a limited duration (for transactions that occur on or after September 1, 2016 and extending through October 31, 2016), for any standard options overlying the designated symbols, the Exchange assesses a $0.48 per contract transaction fee (in lieu of the $0.45 per contract transaction fee) for simple order executions for the account of non-MIAX market makers in standard options that are in the Penny Pilot Program. Since the Exchange is not proposing to extend the duration of the $0.48 per contract transaction fee, such fee automatically expires and the associated rule text becomes obsolete after October 31, 2016. Accordingly, the Exchange is deleting the associated rule text in footnote 8 to the Fee Schedule. --------------------------------------------------------------------------- \5\ A non-MIAX market maker is a market maker registered as such on another options exchange. See the table under Section (1)(a)(ii) of the Fee Schedule. \6\ See Securities Exchange Act Release No. 72988 (September 4, 2014), 79 FR 53808 (September 10, 2014) (SR-MIAX-2014-46). --------------------------------------------------------------------------- The Exchange is proposing that this rule change become operative November 1, 2016. 2. Statutory Basis The Exchange believes that its proposal to amend its Fee Schedule is consistent with Section 6(b) of the Act \7\ in general, and furthers the objectives of Section 6(b)(4) of the Act \8\ in that it is an equitable allocation of reasonable dues, fees, and other charges among its Members and issuers and other persons using its facilities, and 6(b)(5) of the Act,\9\ in that it is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in facilitating transactions in securities, to remove impediments to and perfect the mechanisms of a free and open market and a national market system and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \7\ 15 U.S.C. 78f(b). \8\ 15 U.S.C. 78f(b)(4). \9\ 15 U.S.C. 78f(b)(1) and (b)(5). --------------------------------------------------------------------------- The proposed deletions of all rule text regarding the three (3) limited duration transaction fees that are expiring on October 31, 2016 (the $0.12 per contract Posted Liquidity Marketing Fee in the designated symbols; the $0.50 per contract transaction fee applicable to orders executed for the account of non-MIAX market makers in the designated symbols; and the discounted $0.48 per contract transaction fee applicable to orders executed for the account of non-MIAX market makers in options overlying in the designated symbols applicable to any Member or its Affiliate that qualifies for the PCRP Volume Tier 3 or Higher) are fair, equitable, and not unreasonably discriminatory because such fees are no longer in effect after October 31, 2016, and the corresponding rule text is therefore obsolete and unnecessary to remain in the Fee Schedule. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will result in any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. The Exchange notes that it operates in a highly competitive market in which market participants can readily favor competing venues if they deem fee levels at a particular venue to be excessive. In such an environment, the Exchange must continually adjust its fees to remain competitive with other exchanges and to attract order flow to the Exchange. The Exchange believes that the proposed rule change reflects this competitive environment because it applies equally to all similarly situated MIAX participants. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others Written comments were neither solicited nor received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)(ii) of the Act,\10\ and Rule 19b-4(f)(2)\11\ thereunder. At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule should be approved or disapproved. --------------------------------------------------------------------------- \10\ 15 U.S.C. 78s(b)(3)(A)(ii). \11\ 17 CFR 240.19b-4(f)(2). --------------------------------------------------------------------------- IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic commentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-MIAX-2016-41 on the subject line. Paper Comments Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-MIAX-2016-41. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, 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. Copies of such filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-MIAX-2016-41, and should be submitted on or before December 1, 2016. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\12\ --------------------------------------------------------------------------- \12\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Brent J. Fields, Secretary. [FR Doc. 2016-27155 Filed 11-9-16; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 81, No. 218 / Thursday, November 10, 2016 / Notices 79079
SECURITIES AND EXCHANGE A. Self-Regulatory Organization’s 2016), in simple order executions, an
COMMISSION Statement of the Purpose of, and additional $0.12 per contract Posted
Statutory Basis for, the Proposed Rule Liquidity Marketing Fee to all Market
[Release No. 34–79246; File No. SR–MIAX– Change Makers for any standard options
2016–41]
overlying the designated symbols that
1. Purpose Market Makers execute in their assigned
Self-Regulatory Organizations; Miami The Exchange is proposing to delete class when the contra-party to the
rule text concerning certain transaction execution is a Priority Customer and the
International Securities Exchange LLC;
fees of limited duration that expire on Priority Customer order was posted on
Notice of Filing and Immediate
October 31, 2016. Since the Exchange is the MIAX Book at the time of the
Effectiveness of a Proposed Rule
not proposing to extend the duration of execution.4 Since the Exchange is not
Change To Amend Its Fee Schedule such fees, the fees automatically expire proposing to extend the duration of the
November 4, 2016. and the associated rule text becomes additional $0.12 per contract fee, such
obsolete after October 31, 2016. There fee automatically expires and the
Pursuant to the provisions of Section are three (3) limited duration associated rule text becomes obsolete
19(b)(1) of the Securities Exchange Act transaction fees that are expiring on after October 31, 2016. Accordingly, the
of 1934 (‘‘Act’’),1 and Rule 19b–4 October 31, 2016. The first such fee is Exchange is deleting the associated rule
thereunder,2 notice is hereby given that the $0.12 per contract Posted Liquidity text regarding the Posted Liquidity
on October 27, 2016, Miami Marketing Fee (described below) Marketing Fee in Section (1)(b) and
International Securities Exchange LLC applicable to options overlying EEM, footnote 15. As a result of the deletion
(‘‘MIAX’’ or ‘‘Exchange’’) filed with the GLD, IWM, QQQ and SPY (the of footnote 15, all subsequent footnotes
Securities and Exchange Commission ‘‘designated symbols’’), as listed in the in Fee Schedule have been renumbered.
(‘‘Commission’’) a proposed rule change Fee Schedule. The second such fee is Second, the Exchange currently
as described in Items I, II, and III below, the $0.50 per contract transaction fee assesses transaction fees on Members for
which Items have been prepared by the applicable to orders executed for the orders that are executed for the account
Exchange. The Commission is account of non-MIAX market makers in of non-MIAX market makers.5
publishing this notice to solicit options overlying the designated Currently, Section (1)(a)(ii) of the Fee
comments on the proposed rule change symbols. The third such fee is the Schedule provides that the Exchange
from interested persons. discounted $0.48 per contract will assess a $0.47 per contract
transaction fee applicable to orders transaction fee for simple and complex
I. Self-Regulatory Organization’s executed for the account of non-MIAX order executions for the account of non-
Statement of the Terms of Substance of market makers in options overlying the MIAX market makers in standard
the Proposed Rule Change designated symbols applicable to any options that are in the Penny Pilot
Member or its Affiliate that qualifies for Program.6 However, for a limited
The Exchange is filing a proposal to the Priority Customer Rebate Program duration (for transactions that occur on
amend the MIAX Options Fee Schedule (‘‘PCRP’’) Volume Tier 3 or Higher, as or after September 1, 2016 and
(the ‘‘Fee Schedule’’) to delete rule text discussed below. extending through October 31, 2016), for
concerning certain transaction fees of First, Marketing Fees are currently any standard options overlying the
limited duration that expire on October assessed on certain transactions of all designated symbols, the Exchange
31, 2016. MIAX Market Makers.3 Currently, assesses a $0.50 per contract transaction
The text of the proposed rule change Section (1)(b) of the Fee Schedule fee (in lieu of the $0.47 per contract
is available on the Exchange’s Web site provides that the Exchange will assess transaction fee) for simple order
at http://www.miaxoptions.com/filter/ a Marketing Fee to all Market Makers for executions for the account of non-MIAX
wotitle/rule_filing, at MIAX’s principal contracts, including mini options, they market makers in standard options that
execute in their assigned classes in are in the Penny Pilot Program. Since
office, and at the Commission’s Public
simple or complex order executions the Exchange is not proposing to extend
Reference Room.
when the contra-party to the execution the duration of the $0.50 per contract
II. Self-Regulatory Organization’s is a Priority Customer. The Marketing transaction fee, such fee automatically
Statement of the Purpose of, and Fee in complex order executions will be expires and the associated rule text
Statutory Basis for, the Proposed Rule assessed per contract (whether the becomes obsolete after October 31, 2016.
Change transaction executes in a strategy match, Accordingly, the Exchange is deleting
complex auction, or by legging into the the associated rule text in footnote 8 to
In its filing with the Commission, the Book). MIAX does not assess a the Fee Schedule. If, however, a
Exchange included statements Marketing Fee to Market Makers for Member or its Affiliate qualifies for the
concerning the purpose of and basis for contracts executed as a PRIME Agency PCRP Volume Tier 3 or Higher, such
the proposed rule change and discussed Order, Contra-side Order, Qualified Member is currently assessed a
any comments it received on the Contingent Cross Order, PRIME
proposed rule change. The text of these Participating Quote or Order, or a 4 For a complete description of the Posted
PRIME AOC Response in the PRIME Liquidity Marketing Fee, see Securities Exchange
statements may be examined at the Act Release No. 73848 (December 16, 2014), 79 FR
places specified in Item IV below. The Auction, unless it executes against an 76421 (December 22, 2014) (SR–MIAX–2014–62);
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Exchange has prepared summaries, set unrelated order. see also Securities Exchange Act Release No. 78781
forth in sections A, B, and C below, of The Exchange also currently assesses, (September 7, 2016), 81 FR 62942 (September 13,
for a limited duration (for transactions 2016) (SR–MIAX–2016–30).
the most significant aspects of such 5 A non-MIAX market maker is a market maker
statements. that occur on or after September 1, 2016 registered as such on another options exchange. See
and extending through October 31, the table under Section (1)(a)(ii) of the Fee
Schedule.
3 See Fee Schedule, Section (1)(b), entitled 6 See Securities Exchange Act Release No. 72988
1 15 U.S.C. 78s(b)(1). ‘‘Marketing Fee’’ for more detail regarding the (September 4, 2014), 79 FR 53808 (September 10,
2 17 CFR 240.19b–4. Marketing Fee. 2014) (SR–MIAX–2014–46).
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![79080 Federal Register / Vol. 81, No. 218 / Thursday, November 10, 2016 / Notices
discounted transaction fee. Pursuant to MIAX market makers in options including whether the proposed rule
footnote 8 of the Fee Schedule, for a overlying in the designated symbols change is consistent with the Act.
Member in the PCRP, the Exchange will applicable to any Member or its Affiliate Comments may be submitted by any of
assess a $0.45 per contract transaction that qualifies for the PCRP Volume Tier the following methods:
fee for simple and complex order 3 or Higher) are fair, equitable, and not
executions for the account of non-MIAX Electronic comments
unreasonably discriminatory because
market makers in standard options that such fees are no longer in effect after • Use the Commission’s Internet
are in the Penny Pilot Program. October 31, 2016, and the corresponding comment form (http://www.sec.gov/
However, for a limited duration (for rule text is therefore obsolete and rules/sro.shtml); or
transactions that occur on or after unnecessary to remain in the Fee
September 1, 2016 and extending Schedule. • Send an email to rule-comments@
through October 31, 2016), for any sec.gov. Please include File Number SR–
standard options overlying the B. Self-Regulatory Organization’s MIAX–2016–41 on the subject line.
designated symbols, the Exchange Statement on Burden on Competition
Paper Comments
assesses a $0.48 per contract transaction The Exchange does not believe that
fee (in lieu of the $0.45 per contract the proposed rule change will result in • Send paper comments in triplicate
transaction fee) for simple order any burden on competition that is not to Brent J. Fields, Secretary, Securities
executions for the account of non-MIAX necessary or appropriate in furtherance and Exchange Commission, 100 F Street
market makers in standard options that of the purposes of the Act. NE., Washington, DC 20549–1090.
are in the Penny Pilot Program. Since The Exchange notes that it operates in
a highly competitive market in which All submissions should refer to File
the Exchange is not proposing to extend
market participants can readily favor Number SR–MIAX–2016–41. This file
the duration of the $0.48 per contract
competing venues if they deem fee number should be included on the
transaction fee, such fee automatically
levels at a particular venue to be subject line if email is used. To help the
expires and the associated rule text
excessive. In such an environment, the Commission process and review your
becomes obsolete after October 31, 2016.
Exchange must continually adjust its comments more efficiently, please use
Accordingly, the Exchange is deleting
fees to remain competitive with other only one method. The Commission will
the associated rule text in footnote 8 to
exchanges and to attract order flow to post all comments on the Commission’s
the Fee Schedule.
The Exchange is proposing that this the Exchange. The Exchange believes Internet Web site (http://www.sec.gov/
rule change become operative November that the proposed rule change reflects rules/sro.shtml). Copies of the
1, 2016. this competitive environment because it submission, all subsequent
applies equally to all similarly situated amendments, all written statements
2. Statutory Basis with respect to the proposed rule
MIAX participants.
The Exchange believes that its change that are filed with the
proposal to amend its Fee Schedule is C. Self-Regulatory Organization’s Commission, and all written
consistent with Section 6(b) of the Act 7 Statement on Comments on the communications relating to the
in general, and furthers the objectives of Proposed Rule Change Received From proposed rule change between the
Section 6(b)(4) of the Act 8 in that it is Members, Participants, or Others Commission and any person, other than
an equitable allocation of reasonable Written comments were neither those that may be withheld from the
dues, fees, and other charges among its solicited nor received. public in accordance with the
Members and issuers and other persons provisions of 5 U.S.C. 552, will be
using its facilities, and 6(b)(5) of the III. Date of Effectiveness of the available for Web site viewing and
Act,9 in that it is designed to prevent Proposed Rule Change and Timing for printing in the Commission’s Public
fraudulent and manipulative acts and Commission Action Reference Room, 100 F Street NE.,
practices, to promote just and equitable The foregoing rule change has become Washington, DC 20549 on official
principles of trade, to foster cooperation effective pursuant to Section business days between the hours of
and coordination with persons engaged 19(b)(3)(A)(ii) of the Act,10 and Rule 10:00 a.m. and 3:00 p.m. Copies of such
in facilitating transactions in securities, 19b–4(f)(2)11 thereunder. At any time filing also will be available for
to remove impediments to and perfect within 60 days of the filing of the inspection and copying at the principal
the mechanisms of a free and open proposed rule change, the Commission office of the Exchange. All comments
market and a national market system summarily may temporarily suspend received will be posted without change;
and, in general, to protect investors and such rule change if it appears to the the Commission does not edit personal
the public interest. Commission that such action is identifying information from
The proposed deletions of all rule text necessary or appropriate in the public submissions. You should submit only
regarding the three (3) limited duration interest, for the protection of investors, information that you wish to make
transaction fees that are expiring on or otherwise in furtherance of the available publicly. All submissions
October 31, 2016 (the $0.12 per contract purposes of the Act. If the Commission should refer to File Number SR–MIAX–
Posted Liquidity Marketing Fee in the takes such action, the Commission shall 2016–41, and should be submitted on or
designated symbols; the $0.50 per institute proceedings to determine before December 1, 2016.
contract transaction fee applicable to whether the proposed rule should be For the Commission, by the Division of
asabaliauskas on DSK3SPTVN1PROD with NOTICES
orders executed for the account of non- approved or disapproved. Trading and Markets, pursuant to delegated
MIAX market makers in the designated authority.12
symbols; and the discounted $0.48 per IV. Solicitation of Comments
Brent J. Fields,
contract transaction fee applicable to Interested persons are invited to
Secretary.
orders executed for the account of non- submit written data, views, and
[FR Doc. 2016–27155 Filed 11–9–16; 8:45 am]
arguments concerning the foregoing,
7 15 U.S.C. 78f(b). BILLING CODE 8011–01–P
8 15 U.S.C. 78f(b)(4). 10 15 U.S.C. 78s(b)(3)(A)(ii).
9 15 U.S.C. 78f(b)(1) and (b)(5). 11 17 CFR 240.19b–4(f)(2). 12 17 CFR 200.30–3(a)(12).
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Document Created: 2016-11-10 01:44:05
Document Modified: 2016-11-10 01:44:05
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 81 FR 79079 |
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