81_FR_87878 81 FR 87645 - Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols To Add Investors Exchange, LLC as a Party Thereto

81 FR 87645 - Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols To Add Investors Exchange, LLC as a Party Thereto

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 233 (December 5, 2016)

Page Range87645-87646
FR Document2016-29043

Federal Register, Volume 81 Issue 233 (Monday, December 5, 2016) 
[Federal Register Volume 81, Number 233 (Monday, December 5, 2016)]
[Notices]
[Pages 87645-87646]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-29043]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79422; File No. 4-533]


Joint Industry Plan; Notice of Filing and Immediate Effectiveness 
of Amendment to the National Market System Plan for the Selection and 
Reservation of Securities Symbols To Add Investors Exchange, LLC as a 
Party Thereto

November 29, 2016.
    Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 
1934 (``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given 
that on November 4, 2016, Investors Exchange, LLC (``IEX'' or 
``Exchange'') filed with the Securities and Exchange Commission 
(``Commission'') an amendment to the National Market System Plan for 
the Selection and Reservation of Securities Symbols (``Symbology Plan'' 
or ``Plan'').\3\ The amendment proposes to add IEX as a party to the 
Symbology Plan. The Commission is publishing this notice to solicit 
comments on the proposed amendment from interested persons.
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    \1\ 15 U.S.C. 78k-1(a)(3).
    \2\ 17 CFR 242.608.
    \3\ On November 6, 2008, the Commission approved the Symbology 
Plan that was originally proposed by the Chicago Stock Exchange, 
Inc. (``CHX''), The Nasdaq Stock Market, Inc. (n/k/a The Nasdaq 
Stock Market LLC) (``Nasdaq''), National Association of Securities 
Dealers, Inc. (``NASD'') (n/k/a Financial Industry Regulatory 
Authority, Inc. (``FINRA'')), National Stock Exchange, Inc. 
(``NSX''), and Philadelphia Stock Exchange, Inc. (``Phlx''), subject 
to certain changes. See Securities Exchange Act Release No. 58904, 
73 FR 67218 (November 13, 2008) (File No. 4-533).
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I. Description and Purpose of the Amendment

    The current parties to the Symbology Plan are BATS Exchange, Inc. 
(``BATS''), NASDAQ OMX BX, Inc. (``BX''), BOX Options Exchange, LLC 
(``BOX''), Chicago Board Options Exchange, Incorporated (``CBOE''), 
CHX, EDGA Exchange, Inc. (``EDGA''), EDGX Exchange, Inc. (``EDGX''), 
FINRA, the International Securities Exchange, LLC (``ISE''), Nasdaq, 
New York Stock Exchange, LLC (``NYSE''), NYSE MKT LLC (``NYSE MKT''), 
and NYSE Arca, Inc. (``NYSE Arca''), NSX and Phlx.\4\

[[Page 87646]]

The proposed amendment to the Symbology Plan would add IEX as a party 
to the Symbology Plan. A self-regulatory organization (``SRO'') may 
become a party to the Symbology Plan if it satisfies the requirements 
of Section I(c) of the Plan. Specifically, an SRO may become a party to 
the Symbology Plan if: (i) It maintains a market for the listing or 
trading of Plan Securities \5\ in accordance with rules approved by the 
Commission; (ii) it signs a current copy of the Plan; and (iii) it pays 
to the other parties a proportionate share of the aggregate development 
costs, based upon the number of symbols reserved by the new party 
during the first twelve (12) months of such party's membership.\6\
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    \4\ On November 18, 2008, ISE filed with the Commission an 
amendment to the Plan to add ISE as a member to the Plan. See 
Securities and Exchange Act Release No. 59024 (November 26, 2008), 
73 FR 74538 (December 8, 2008) (File No. 4-533). On December 22, 
2008, NYSE, NYSE Arca, and NYSE Alternext (n/k/a NYSE MKT) (``NYSE 
Group Exchanges''), and CBOE filed with the Commission amendments to 
the Plan to add the NYSE Group Exchanges and CBOE as members to the 
Plan. See Securities Exchange Act Release No. 59162 (December 24, 
2008), 74 FR 132 (January 2, 2009) (File No. 4-533). On December 24, 
2008, BSE (n/k/a BX) filed with the Commission an amendment to the 
Plan to add BSE as a member to the Plan. See Securities Exchange Act 
Release No. 59187 (December 30, 2008), 74 FR 729 (January 7, 2009) 
(File No. 4-533). On September 30, 2009, BATS filed with the 
Commission an amendment to the Plan to add BATS as a member to the 
Plan. See Securities Exchange Act Release No. 60856 (October 21, 
2009), 74 FR 55276 (October 27, 2009) (File No. 4-533). On July 7, 
2010, EDGA and EDGX filed with the Commission an amendment to the 
Plan to add EDGA and EDGX, each as a party to the Symbology Plan. 
See Securities Exchange Act Release No. 62573 (July 26, 2010), 75 FR 
45682 (August 3, 2010) (File No. 4-533). On May 7, 2012, BOX filed 
with the Commission an amendment to the Plan to add BOX as a member 
to the Plan. See Securities and Exchange Act Release No. 34-66957 
(May 10, 2012), 77 FR 28904 (May 16, 2012).
    \5\ ``Plan Securities'' are defined in the Symbology Plan as 
securities that: (i) Are NMS securities as currently defined in Rule 
600(a)(46) under the Act; and (ii) any other equity securities 
quoted, traded and/or trade reported through an SRO facility.
    \6\ Sections I(c) and V(a) of the Plan.
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    IEX has submitted a signed copy of the Symbology Plan to the 
Commission in accordance with the requirement set forth in the 
Symbology Plan regarding new parties to the plan. Additionally, IEX 
represented that it maintains a market for the listing or trading of 
Plan Securities. Finally, IEX has agreed to pay all costs required by 
IEX pursuant to the Symbology Plan, including its proportionate share 
of the aggregate development costs previously paid by the other parties 
to the Processor.

II. Effectiveness of the Proposed Symbology Plan Amendment

    The foregoing proposed Symbology Plan amendment has become 
effective pursuant to Rule 608(b)(3)(iii) \7\ because it involves 
solely technical or ministerial matters. At any time within sixty days 
of the filing of the amendment, the Commission may summarily abrogate 
the amendment and require that it be refiled pursuant to paragraph 
(b)(1) of Rule 608,\8\ if it appears to the Commission that such action 
is necessary or appropriate in the public interest, for the protection 
of investors or the maintenance of fair and orderly markets, to remove 
impediments to, and perfect the mechanisms of, a national market system 
or otherwise in furtherance of the purposes of the Act.
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    \7\ 17 CFR 242.608(b)(3)(iii).
    \8\ 17 CFR 242.608(b)(1).
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III. Solicitation of Comments

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the Amendment is 
consistent with the Act. Comments may be submitted by any of the 
following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include 
File Number 4-533 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 4-533. 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 Plan that are filed with the Commission, 
and all written communications relating to the Plan 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 
Parties' principal offices. 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 4-533, and should be submitted on or before December 27, 
2016.

    By the Commission.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-29043 Filed 12-2-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 233 / Monday, December 5, 2016 / Notices 87645 Form N–CSR, SEC File No. 270–512, OMB collection of information will not be (‘‘Act’’) 1 and Rule 608 thereunder,2 Control No. 3235–0570 kept confidential. An agency may not notice is hereby given that on November Notice is hereby given that, pursuant conduct or sponsor, and a person is not 4, 2016, Investors Exchange, LLC (‘‘IEX’’ to the Paperwork Reduction Act of 1995 required to respond to a collection of or ‘‘Exchange’’) filed with the Securities (44 U.S.C. 3501 et seq.), the Securities information unless it displays a and Exchange Commission and Exchange Commission (the currently valid OMB control number. (‘‘Commission’’) an amendment to the ‘‘Commission’’) is soliciting comments Written comments are invited on: (a) National Market System Plan for the on the collection of information Whether the collection of information is Selection and Reservation of Securities summarized below. The Commission necessary for the proper performance of Symbols (‘‘Symbology Plan’’ or plans to submit this existing collection the functions of the Commission, ‘‘Plan’’).3 The amendment proposes to of information to the Office of including whether the information has add IEX as a party to the Symbology Management and Budget (‘‘OMB’’) for practical utility; (b) the accuracy of the Plan. The Commission is publishing this extension and approval. Commission’s estimate of the burden of notice to solicit comments on the Form N–CSR (17 CFR 249.331 and the collection of information; (c) ways to proposed amendment from interested 274.128) is a combined reporting form enhance the quality, utility, and clarity persons. used by registered management of the information collected; and (d) I. Description and Purpose of the investment companies (‘‘funds’’) to file ways to minimize the burden of the Amendment certified shareholder reports under the collection of information on Investment Company Act of 1940 (15 respondents, including through the use The current parties to the Symbology U.S.C. 80a–1 et seq.) (‘‘Investment of automated collection techniques or Plan are BATS Exchange, Inc. Company Act’’) and the Securities other forms of information technology. (‘‘BATS’’), NASDAQ OMX BX, Inc. Exchange Act of 1934 (15 U.S.C. 78a et Consideration will be given to (‘‘BX’’), BOX Options Exchange, LLC seq.) (‘‘Exchange Act’’). Specifically, comments and suggestions submitted in (‘‘BOX’’), Chicago Board Options Form N–CSR is to be used for reports writing within 60 days of this Exchange, Incorporated (‘‘CBOE’’), CHX, under section 30(b)(2) of the Investment publication. EDGA Exchange, Inc. (‘‘EDGA’’), EDGX Company Act (15 U.S.C. 80a–29(b)(2)) Exchange, Inc. (‘‘EDGX’’), FINRA, the Please direct your written comments International Securities Exchange, LLC and section 13(a) or 15(d) of the to Pamela Dyson, Chief Information Exchange Act (15 U.S.C. 78m(a) and (‘‘ISE’’), Nasdaq, New York Stock Officer, Securities and Exchange Exchange, LLC (‘‘NYSE’’), NYSE MKT 78o(d)), filed pursuant to rule 30b2–1(a) Commission, c/o Remi Pavlik-Simon, under the Investment Company Act (17 LLC (‘‘NYSE MKT’’), and NYSE Arca, 100 F Street NE., Washington, DC Inc. (‘‘NYSE Arca’’), NSX and Phlx.4 CFR 270.30b2–1(a)). Reports on Form 20549; or send an email to: PRA_ N–CSR are to be filed with the Mailbox@sec.gov. 1 15 U.S.C. 78k–1(a)(3). Securities and Exchange Commission All submissions should refer to File 2 17 CFR 242.608. (‘‘Commission’’) no later than 10 days Number 270–512. This file number 3 On November 6, 2008, the Commission after the transmission to stockholders of should be included on the subject line approved the Symbology Plan that was originally any report that is required to be if email is used. The Commission will proposed by the Chicago Stock Exchange, Inc. transmitted to stockholders under rule (‘‘CHX’’), The Nasdaq Stock Market, Inc. (n/k/a The post all comments on the Commission’s Nasdaq Stock Market LLC) (‘‘Nasdaq’’), National 30e–1 under the Investment Company Internet Web site (http://www.sec.gov). Association of Securities Dealers, Inc. (‘‘NASD’’) (n/ Act (17 CFR 270.30e–1). The All comments received will be posted k/a Financial Industry Regulatory Authority, Inc. information filed with the Commission without change; we do not edit personal (‘‘FINRA’’)), National Stock Exchange, Inc. (‘‘NSX’’), permits the verification of compliance and Philadelphia Stock Exchange, Inc. (‘‘Phlx’’), identifying information from subject to certain changes. See Securities Exchange with securities law requirements and submissions. You should submit only Act Release No. 58904, 73 FR 67218 (November 13, assures the public availability and information that you wish to make 2008) (File No. 4–533). dissemination of the information. available publicly. 4 On November 18, 2008, ISE filed with the Form N–CSR is filed semi-annually, Commission an amendment to the Plan to add ISE and the Commission estimates that there Dated: November 22, 2016. as a member to the Plan. See Securities and Exchange Act Release No. 59024 (November 26, are 3,449 respondents with 11,642 Robert W. Errett, 2008), 73 FR 74538 (December 8, 2008) (File No. 4– portfolios. The Commission further Deputy Secretary. 533). On December 22, 2008, NYSE, NYSE Arca, estimates that the hour burden for [FR Doc. 2016–29083 Filed 12–2–16; 8:45 am] and NYSE Alternext (n/k/a NYSE MKT) (‘‘NYSE Group Exchanges’’), and CBOE filed with the preparing and filing a report on Form BILLING CODE 8011–01–P Commission amendments to the Plan to add the N–CSR is 7.21 hours per portfolio. The NYSE Group Exchanges and CBOE as members to total annual hour burden for Form N– the Plan. See Securities Exchange Act Release No. CSR, therefore, is estimated to be SECURITIES AND EXCHANGE 59162 (December 24, 2008), 74 FR 132 (January 2, COMMISSION 2009) (File No. 4–533). On December 24, 2008, BSE 167,878 hours. We estimate that the cost (n/k/a BX) filed with the Commission an burden of preparing and filing a report amendment to the Plan to add BSE as a member to on Form N–CSR is $132.35 and [Release No. 34–79422; File No. 4–533] the Plan. See Securities Exchange Act Release No. therefore estimate that the total annual 59187 (December 30, 2008), 74 FR 729 (January 7, Joint Industry Plan; Notice of Filing 2009) (File No. 4–533). On September 30, 2009, cost burden associated with Form N– BATS filed with the Commission an amendment to CSR is $3,081,637. and Immediate Effectiveness of the Plan to add BATS as a member to the Plan. See Estimates of average burden hours Amendment to the National Market Securities Exchange Act Release No. 60856 (October and costs are made solely for purposes System Plan for the Selection and 21, 2009), 74 FR 55276 (October 27, 2009) (File No. sradovich on DSK3GMQ082PROD with NOTICES Reservation of Securities Symbols To 4–533). On July 7, 2010, EDGA and EDGX filed with of the Paperwork Reduction Act, and are the Commission an amendment to the Plan to add not derived from a comprehensive or Add Investors Exchange, LLC as a EDGA and EDGX, each as a party to the Symbology even representative survey or study of Party Thereto Plan. See Securities Exchange Act Release No. the costs of Commission rules and 62573 (July 26, 2010), 75 FR 45682 (August 3, 2010) November 29, 2016. (File No. 4–533). On May 7, 2012, BOX filed with forms. Compliance with the information the Commission an amendment to the Plan to add collection requirements of Form N–CSR Pursuant to Section 11A(a)(3) of the BOX as a member to the Plan. See Securities and is mandatory. Responses to the Securities Exchange Act of 1934 Continued VerDate Sep<11>2014 19:12 Dec 02, 2016 Jkt 241001 PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 E:\FR\FM\05DEN1.SGM 05DEN1

87646 Federal Register / Vol. 81, No. 233 / Monday, December 5, 2016 / Notices The proposed amendment to the consistent with the Act. Comments may SUMMARY: This document provides the Symbology Plan would add IEX as a be submitted by any of the following public with notice of the delegation of party to the Symbology Plan. A self- methods: authority for certain activities related to regulatory organization (‘‘SRO’’) may the licensing of small business Electronic Comments become a party to the Symbology Plan investment companies by the if it satisfies the requirements of Section • Use the Commission’s Internet Administrator of the Small Business I(c) of the Plan. Specifically, an SRO comment form (http://www.sec.gov/ Administration (SBA) to the Agency may become a party to the Symbology rules/sro.shtml); or Licensing Committee. Plan if: (i) It maintains a market for the • Send an email to rule-comments@ FOR FURTHER INFORMATION CONTACT: listing or trading of Plan Securities 5 in sec.gov. Please include File Number 4– Carol Fendler, Office of Investment and accordance with rules approved by the 533 on the subject line. Innovation, U.S. Small Business Commission; (ii) it signs a current copy Paper Comments Administration, 409 3rd Street SW., of the Plan; and (iii) it pays to the other Washington, DC 20416; (202) 205–7559 • Send paper comments in triplicate parties a proportionate share of the or carol.fendler@sba.gov. to Brent J. Fields, Secretary, Securities aggregate development costs, based SUPPLEMENTARY INFORMATION: This and Exchange Commission, 100 F Street upon the number of symbols reserved document provides the public with NE., Washington, DC 20549–1090. by the new party during the first twelve notice of the Administrator’s delegation (12) months of such party’s All submissions should refer to File Number 4–533. This file number should of authority to the Agency Licensing membership.6 Committee to review and recommend to IEX has submitted a signed copy of be included on the subject line if email is used. To help the Commission the Administrator for approval the Symbology Plan to the Commission applications for licenses to operate as a in accordance with the requirement set process and review your comments more efficiently, please use only one small business investment company forth in the Symbology Plan regarding under the Small Business Investment new parties to the plan. Additionally, method. The Commission will post all comments on the Commission’s Internet Act of 1958, as amended. IEX represented that it maintains a This delegation of authority reads as market for the listing or trading of Plan Web site (http://www.sec.gov/rules/ sro.shtml). Copies of the submission, all follows: Securities. Finally, IEX has agreed to Pursuant to the authority vested in me pay all costs required by IEX pursuant subsequent amendments, all written statements with respect to the Plan that pursuant to section 301 of the Small to the Symbology Plan, including its Business Investment Act of 1958, as proportionate share of the aggregate are filed with the Commission, and all written communications relating to the amended, the authority to take any and development costs previously paid by all actions necessary to review the other parties to the Processor. Plan between the Commission and any person, other than those that may be applications for licensing under section II. Effectiveness of the Proposed withheld from the public in accordance 301 of the Small Business Investment Symbology Plan Amendment with the provisions of 5 U.S.C. 552, will Act of 1958, as amended, and to be available for Web site viewing and recommend to the Administrator which The foregoing proposed Symbology such applications should be approved is Plan amendment has become effective printing in the Commission’s Public Reference Room, 100 F Street NE., delegated to the Agency Licensing pursuant to Rule 608(b)(3)(iii) 7 because Committee. it involves solely technical or Washington, DC 20549 on official business days between the hours of The Agency Licensing Committee ministerial matters. At any time within shall be composed of the following sixty days of the filing of the 10:00 a.m. and 3:00 p.m. Copies of such filing also will be available for members: amendment, the Commission may inspection and copying at the Parties’ Deputy Administrator, Chair summarily abrogate the amendment and principal offices. All comments received Associate Administrator for Capital require that it be refiled pursuant to will be posted without change; the Access paragraph (b)(1) of Rule 608,8 if it Associate Administrator for Investment appears to the Commission that such Commission does not edit personal identifying information from and Innovation action is necessary or appropriate in the Associate Administrator for Government public interest, for the protection of submissions. You should submit only information that you wish to make Contracting and Business investors or the maintenance of fair and Development orderly markets, to remove impediments available publicly. All submissions Deputy General Counsel to, and perfect the mechanisms of, a should refer to File Number 4–533, and Chief Financial Officer national market system or otherwise in should be submitted on or before December 27, 2016. This authority revokes all other furtherance of the purposes of the Act. authorities granted by the Administrator By the Commission. to recommend and approve applications III. Solicitation of Comments Robert W. Errett, for a license to operate as a small Interested persons are invited to Deputy Secretary. submit written data, views, and business investment company under the arguments concerning the foregoing, [FR Doc. 2016–29043 Filed 12–2–16; 8:45 am] Small Business Investment Act of 1958, including whether the Amendment is BILLING CODE 8011–01–P as amended. This authority may not be re-delegated; however, in the event that Exchange Act Release No. 34–66957 (May 10, 2012), the person serving in one of the positions listed as a member of the sradovich on DSK3GMQ082PROD with NOTICES 77 FR 28904 (May 16, 2012). SMALL BUSINESS ADMINISTRATION 5 ‘‘Plan Securities’’ are defined in the Symbology Agency Licensing Committee is absent Plan as securities that: (i) Are NMS securities as Delegation of Authority from the office, as defined in SBA currently defined in Rule 600(a)(46) under the Act; Standard Operating Procedure 00 01 2, and (ii) any other equity securities quoted, traded AGENCY: U.S. Small Business and/or trade reported through an SRO facility. Administration. Chapter 3, paragraph 2, or is unable to 6 Sections I(c) and V(a) of the Plan. perform the functions and duties of his ACTION: Notice of delegation of 7 17 CFR 242.608(b)(3)(iii). or her position, the individual serving authority. 8 17 CFR 242.608(b)(1). in an acting capacity, pursuant to a VerDate Sep<11>2014 19:12 Dec 02, 2016 Jkt 241001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 E:\FR\FM\05DEN1.SGM 05DEN1


Document Created: 2016-12-03 00:26:13
Document Modified: 2016-12-03 00:26:13
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 87645 
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