81_FR_88949 81 FR 88713 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Make Non-Substantive Changes to the Equity Options Fee Schedule

81 FR 88713 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Make Non-Substantive Changes to the Equity Options Fee Schedule

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 236 (December 8, 2016)

Page Range88713-88714
FR Document2016-29387

Federal Register, Volume 81 Issue 236 (Thursday, December 8, 2016)
[Federal Register Volume 81, Number 236 (Thursday, December 8, 2016)]
[Notices]
[Pages 88713-88714]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-29387]


=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79457; File No. SR-BatsBZX-2016-79]


Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of 
Filing and Immediate Effectiveness of a Proposed Rule Change To Make 
Non-Substantive Changes to the Equity Options Fee Schedule

December 2, 2016.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given 
that on November 29, 2016, Bats BZX Exchange, Inc. (the ``Exchange'' or 
``BZX'') filed with the Securities and Exchange Commission (the 
``Commission'') the proposed rule change as described in Items I, II, 
and III below, which Items have been prepared by the Exchange. The 
Exchange has designated the proposed rule change as one establishing or 
changing a member due, fee, or other charge imposed by the Exchange 
under Section 19(b)(3)(A)(ii) of the Act \3\ and Rule 19b-4(f)(2) 
thereunder,\4\ which renders the proposed rule change effective upon 
filing with the Commission. 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.
    \3\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \4\ 17 CFR 240.19b-4(f)(2).
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I. Self-Regulatory Organization's Statement of the Terms of the 
Substance of the Proposed Rule Change

    The Exchange filed a proposal to make certain non-substantive and 
clarifying changes to the fee schedule applicable to Members \5\ and 
non-members of the Exchange pursuant to Exchange Rules 15.1(a) and (c).
---------------------------------------------------------------------------

    \5\ A Member is defined as ``any registered broker or dealer 
that has been admitted to membership in the Exchange.'' See Exchange 
Rule 1.5(n).
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    The text of the proposed rule change is available at the Exchange's 
Web site at www.batstrading.com, at the principal office of the 
Exchange, 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 parts 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 proposes to modify its fee schedule applicable to the 
Exchange's equity options platform (``BZX Options'') to make certain 
clarifying and non-substantive changes to its fee schedule in order to 
improve formatting, eliminate certain redundancies, increase overall 
readability, and provide users with straightforward descriptions to 
augment overall comprehensibility and usability of the existing fee 
schedule. The Exchange notes that these changes are purely clerical and 
do not substantively amend any fee or rebate, nor do they alter the 
manner in which the Exchange assesses fees or calculates rebates. The 
proposed changes are simply intended to provide greater transparency to 
market participants regarding how the Exchange assesses fees and 
calculates rebates. Specifically, the Exchange proposes to:
     Alphabetize defined terms under the ``Definitions'' 
section; \6\
---------------------------------------------------------------------------

    \6\ The Exchange does not proposes to alphabetize the 
definitions under the Market Data section of its fee schedule as 
those terms are generally grouped with similar terms.
---------------------------------------------------------------------------

     amend criteria for Tier 3 under footnote 5 to add a zero 
after 2.5% to ensure that it is represented to the hundredths decimal 
point, like all other percentages included in the fee schedule;
     ensure each tier requiring multiple criteria is conjoined 
using ``; and'' to clarify that all of a tier's criteria must be 
satisfied to receive the applicable rate;
     amend the title of the column setting forth each tier's 
rate to simply state ``Fee Per Contract to Remove'', ``Fee Per Contract 
to Add'' or ``Rebate Per Contract to Add'' as applicable. Renaming 
these column is intended to clearly indicate whether the footnote 
provides a fee and/or a rebate, and whether that enhanced pricing 
applies to orders which add or remove liquidity. In renaming these 
columns, the Exchange also proposes to remove certain other descriptive 
language as such language is redundant and set forth in the tier's 
title and list of its applicable fee codes;

[[Page 88714]]

     amend the name under first column of the tiers listed 
under footnotes 1, 3, 4, 5, 12, and 13 to simply state ``Tier 1'', Tier 
2'' etc. as the deleted language is redundant with the respective 
tier's title or with the description of the tier's criteria;
     replace the phrase ``equal to or greater than'' and 
``greater than or equal to'' with ``>='' in all required criteria cells 
under footnotes 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, and 13; and
     amend the NBBO Setter Tier under footnote 4 to specify at 
the top of the footnote that the additional rebates provided by the 
tier are only applicable to orders that establish a new National Best 
Bid or Offer (``NBBO'') and to delete such language from each tier's 
criteria.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with the requirements of the Act and the rules and regulations 
thereunder that are applicable to a national securities exchange, and, 
in particular, with the requirements of Section 6 of the Act.\7\ 
Specifically, the Exchange believes that the proposed rule change is 
consistent with Sections 6(b)(4) of the Act,\8\ in that it provides for 
the equitable allocation of reasonable dues, fees and other charges 
among members and other persons using any facility or system which the 
Exchange operates or controls. The Exchange believes that the proposed 
changes are reasonable and equitable because they are intended to 
simplify the Exchange's fee schedule and provide greater transparency 
to market participants regarding how the Exchange assesses fees and 
calculates rebates. The Exchange notes that these changes are purely 
clerical and do not substantively amend any fee or rebate, nor do they 
alter the manner in which the Exchange assesses fees or calculates 
rebates. The Exchange also believes that the proposal is non-
discriminatory because it applies uniformly to all Members. Finally, 
the Exchange believes that the proposed changes will make the fee 
schedule clearer and eliminate potential investor confusion, thereby 
removing impediments to and perfecting the mechanism of a free and open 
market and a national market system, and, in general, protecting 
investors and the public interest.
---------------------------------------------------------------------------

    \7\ 15 U.S.C. 78f.
    \8\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------

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, as amended. To 
the contrary, the Exchange believes that the proposed rule change will 
not impose any burden on competition as the changes are purely clerical 
and do not amend any fee or rebate.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    The Exchange has not solicited, and does not intend to solicit, 
comments on this proposed rule change. The Exchange has not received 
any written comments from members or other interested parties.

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) of the Act \9\ and paragraph (f) of Rule 19b-4 
thereunder.\10\ 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.
---------------------------------------------------------------------------

    \9\ 15 U.S.C. 78s(b)(3)(A).
    \10\ 17 CFR 240.19b-4(f).
---------------------------------------------------------------------------

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 Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number SR-BatsBZX-2016-79 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities 
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.

All submissions should refer to File Number SR-BatsBZX-2016-79. 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-BatsBZX-2016-79, and should 
be submitted on or before December 29, 2016.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
---------------------------------------------------------------------------

    \11\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2016-29387 Filed 12-7-16; 8:45 am]
BILLING CODE 8011-01-P



                                                                           Federal Register / Vol. 81, No. 236 / Thursday, December 8, 2016 / Notices                                                    88713

                                                  8. Docket No(s).: MC2017–31 and                       SECURITIES AND EXCHANGE                               proposed rule change. The text of these
                                                CP2017–56; Filing Title: Request of the                 COMMISSION                                            statements may be examined at the
                                                United States Postal Service to Add                                                                           places specified in Item IV below. The
                                                                                                        [Release No. 34–79457; File No. SR–
                                                Priority Mail Contract 264 to                           BatsBZX–2016–79]
                                                                                                                                                              Exchange has prepared summaries, set
                                                Competitive Product List and Notice of                                                                        forth in Sections A, B, and C below, of
                                                Filing (Under Seal) of Unredacted                       Self-Regulatory Organizations; Bats                   the most significant parts of such
                                                Governors’ Decision, Contract, and                      BZX Exchange, Inc.; Notice of Filing                  statements.
                                                Supporting Data; Filing Acceptance                      and Immediate Effectiveness of a                      A. Self-Regulatory Organization’s
                                                Date: December 2, 2016; Filing                          Proposed Rule Change To Make Non-                     Statement of the Purpose of, and
                                                Authority: 39 U.S.C. 3642 and 39 CFR                    Substantive Changes to the Equity                     Statutory Basis for, the Proposed Rule
                                                3020.30 et seq.; Public Representative:                 Options Fee Schedule                                  Change
                                                Jennaca D. Upperman; Comments Due:                      December 2, 2016.                                     1. Purpose
                                                December 13, 2016.                                         Pursuant to Section 19(b)(1) of the                   The Exchange proposes to modify its
                                                  9. Docket No(s).: MC2017–32 and                       Securities Exchange Act of 1934 (the                  fee schedule applicable to the
                                                CP2017–57; Filing Title: Request of the                 ‘‘Act’’),1 and Rule 19b–4 thereunder,2                Exchange’s equity options platform
                                                United States Postal Service to Add                     notice is hereby given that on November
                                                                                                                                                              (‘‘BZX Options’’) to make certain
                                                Priority Mail Contract 265 to                           29, 2016, Bats BZX Exchange, Inc. (the
                                                                                                                                                              clarifying and non-substantive changes
                                                Competitive Product List and Notice of                  ‘‘Exchange’’ or ‘‘BZX’’) filed with the
                                                                                                                                                              to its fee schedule in order to improve
                                                Filing (Under Seal) of Unredacted                       Securities and Exchange Commission
                                                                                                                                                              formatting, eliminate certain
                                                Governors’ Decision, Contract, and                      (the ‘‘Commission’’) the proposed rule
                                                                                                                                                              redundancies, increase overall
                                                Supporting Data; Filing Acceptance                      change as described in Items I, II, and
                                                                                                                                                              readability, and provide users with
                                                                                                        III below, which Items have been
                                                Date: December 2, 2016; Filing                                                                                straightforward descriptions to augment
                                                                                                        prepared by the Exchange. The
                                                Authority: 39 U.S.C. 3642 and 39 CFR                                                                          overall comprehensibility and usability
                                                                                                        Exchange has designated the proposed
                                                3020.30 et seq.; Public Representative:                                                                       of the existing fee schedule. The
                                                                                                        rule change as one establishing or
                                                Jennaca D. Upperman; Comments Due:                      changing a member due, fee, or other                  Exchange notes that these changes are
                                                December 13, 2016.                                      charge imposed by the Exchange under                  purely clerical and do not substantively
                                                  10. Docket No(s).: MC2017–33 and                      Section 19(b)(3)(A)(ii) of the Act 3 and              amend any fee or rebate, nor do they
                                                                                                        Rule 19b–4(f)(2) thereunder,4 which                   alter the manner in which the Exchange
                                                CP2017–58; Filing Title: Request of the
                                                                                                        renders the proposed rule change                      assesses fees or calculates rebates. The
                                                United States Postal Service to Add
                                                                                                        effective upon filing with the                        proposed changes are simply intended
                                                Priority Mail Express, Priority Mail &                                                                        to provide greater transparency to
                                                First-Class Package Service Contract 14                 Commission. The Commission is
                                                                                                        publishing this notice to solicit                     market participants regarding how the
                                                to Competitive Product List and Notice                                                                        Exchange assesses fees and calculates
                                                of Filing (Under Seal) of Unredacted                    comments on the proposed rule change
                                                                                                        from interested persons.                              rebates. Specifically, the Exchange
                                                Governors’ Decision, Contract, and                                                                            proposes to:
                                                Supporting Data; Filing Acceptance                      I. Self-Regulatory Organization’s                        • Alphabetize defined terms under
                                                Date: December 2, 2016; Filing                          Statement of the Terms of the Substance               the ‘‘Definitions’’ section; 6
                                                Authority: 39 U.S.C. 3642 and 39 CFR                    of the Proposed Rule Change                              • amend criteria for Tier 3 under
                                                3020.30 et seq.; Public Representative:                    The Exchange filed a proposal to                   footnote 5 to add a zero after 2.5% to
                                                Lyudmila Y. Bzhilyanskaya; Comments                     make certain non-substantive and                      ensure that it is represented to the
                                                Due: December 14, 2016.                                 clarifying changes to the fee schedule                hundredths decimal point, like all other
                                                  11. Docket No(s).: MC2017–34 and                      applicable to Members 5 and non-                      percentages included in the fee
                                                                                                        members of the Exchange pursuant to                   schedule;
                                                CP2017–59; Filing Title: Request of the                                                                          • ensure each tier requiring multiple
                                                United States Postal Service to Add                     Exchange Rules 15.1(a) and (c).
                                                                                                           The text of the proposed rule change               criteria is conjoined using ‘‘; and’’ to
                                                First-Class Package Service Contract 67                                                                       clarify that all of a tier’s criteria must be
                                                to Competitive Product List and Notice                  is available at the Exchange’s Web site
                                                                                                        at www.batstrading.com, at the                        satisfied to receive the applicable rate;
                                                of Filing (Under Seal) of Unredacted
                                                                                                        principal office of the Exchange, and at                 • amend the title of the column
                                                Governors’ Decision, Contract, and                                                                            setting forth each tier’s rate to simply
                                                                                                        the Commission’s Public Reference
                                                Supporting Data; Filing Acceptance                                                                            state ‘‘Fee Per Contract to Remove’’,
                                                                                                        Room.
                                                Date: December 2, 2016; Filing                                                                                ‘‘Fee Per Contract to Add’’ or ‘‘Rebate
                                                Authority: 39 U.S.C. 3642 and 39 CFR                    II. Self-Regulatory Organization’s                    Per Contract to Add’’ as applicable.
                                                3020.30 et seq.; Public Representative:                 Statement of the Purpose of, and                      Renaming these column is intended to
                                                Lyudmila Y. Bzhilyanskaya; Comments                     Statutory Basis for, the Proposed Rule                clearly indicate whether the footnote
                                                Due: December 14, 2016.                                 Change                                                provides a fee and/or a rebate, and
                                                  This notice will be published in the                     In its filing with the Commission, the             whether that enhanced pricing applies
                                                                                                        Exchange included statements                          to orders which add or remove liquidity.
                                                Federal Register.
                                                                                                        concerning the purpose of and basis for               In renaming these columns, the
                                                Stacy L. Ruble,                                         the proposed rule change and discussed                Exchange also proposes to remove
                                                Secretary.                                              any comments it received on the                       certain other descriptive language as
sradovich on DSK3GMQ082PROD with NOTICES




                                                [FR Doc. 2016–29425 Filed 12–7–16; 8:45 am]                                                                   such language is redundant and set forth
                                                                                                          1 15 U.S.C. 78s(b)(1).                              in the tier’s title and list of its applicable
                                                BILLING CODE 7710–FW–P
                                                                                                          2 17 CFR 240.19b–4.                                 fee codes;
                                                                                                          3 15 U.S.C. 78s(b)(3)(A)(ii).
                                                                                                          4 17 CFR 240.19b–4(f)(2).                             6 The Exchange does not proposes to alphabetize
                                                                                                          5 A Member is defined as ‘‘any registered broker    the definitions under the Market Data section of its
                                                                                                        or dealer that has been admitted to membership in     fee schedule as those terms are generally grouped
                                                                                                        the Exchange.’’ See Exchange Rule 1.5(n).             with similar terms.



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                                                88714                         Federal Register / Vol. 81, No. 236 / Thursday, December 8, 2016 / Notices

                                                   • amend the name under first column                     any burden on competition that is not                    Internet Web site (http://www.sec.gov/
                                                of the tiers listed under footnotes 1, 3,                  necessary or appropriate in furtherance                  rules/sro.shtml). Copies of the
                                                4, 5, 12, and 13 to simply state ‘‘Tier 1’’,               of the purposes of the Act, as amended.                  submission, all subsequent
                                                Tier 2’’ etc. as the deleted language is                   To the contrary, the Exchange believes                   amendments, all written statements
                                                redundant with the respective tier’s title                 that the proposed rule change will not                   with respect to the proposed rule
                                                or with the description of the tier’s                      impose any burden on competition as                      change that are filed with the
                                                criteria;                                                  the changes are purely clerical and do                   Commission, and all written
                                                   • replace the phrase ‘‘equal to or                      not amend any fee or rebate.                             communications relating to the
                                                greater than’’ and ‘‘greater than or equal                                                                          proposed rule change between the
                                                to’’ with ‘‘≥’’ in all required criteria cells             C. Self-Regulatory Organization’s                        Commission and any person, other than
                                                under footnotes 1, 2, 3, 4, 5, 6, 7, 8, 9,                 Statement on Comments on the                             those that may be withheld from the
                                                10, 11, 12, and 13; and                                    Proposed Rule Change Received From                       public in accordance with the
                                                   • amend the NBBO Setter Tier under                      Members, Participants, or Others                         provisions of 5 U.S.C. 552, will be
                                                footnote 4 to specify at the top of the                      The Exchange has not solicited, and                    available for Web site viewing and
                                                footnote that the additional rebates                       does not intend to solicit, comments on                  printing in the Commission’s Public
                                                provided by the tier are only applicable                   this proposed rule change. The                           Reference Room, 100 F Street NE.,
                                                to orders that establish a new National                    Exchange has not received any written                    Washington, DC 20549 on official
                                                Best Bid or Offer (‘‘NBBO’’) and to                        comments from members or other                           business days between the hours of
                                                delete such language from each tier’s                      interested parties.                                      10:00 a.m. and 3:00 p.m. Copies of such
                                                criteria.                                                                                                           filing also will be available for
                                                                                                           III. Date of Effectiveness of the
                                                2. Statutory Basis                                                                                                  inspection and copying at the principal
                                                                                                           Proposed Rule Change and Timing for                      office of the Exchange. All comments
                                                   The Exchange believes that the                          Commission Action                                        received will be posted without change;
                                                proposed rule change is consistent with                       The foregoing rule change has become                  the Commission does not edit personal
                                                the requirements of the Act and the                        effective pursuant to Section 19(b)(3)(A)                identifying information from
                                                rules and regulations thereunder that                      of the Act 9 and paragraph (f) of Rule                   submissions. You should submit only
                                                are applicable to a national securities                    19b–4 thereunder.10 At any time within                   information that you wish to make
                                                exchange, and, in particular, with the                     60 days of the filing of the proposed rule               available publicly. All submissions
                                                requirements of Section 6 of the Act.7                     change, the Commission summarily may                     should refer to File Number SR–
                                                Specifically, the Exchange believes that                   temporarily suspend such rule change if                  BatsBZX–2016–79, and should be
                                                the proposed rule change is consistent                     it appears to the Commission that such                   submitted on or before December 29,
                                                with Sections 6(b)(4) of the Act,8 in that                 action is necessary or appropriate in the                2016.
                                                it provides for the equitable allocation                   public interest, for the protection of                     For the Commission, by the Division of
                                                of reasonable dues, fees and other                         investors, or otherwise in furtherance of                Trading and Markets, pursuant to delegated
                                                charges among members and other                            the purposes of the Act.                                 authority.11
                                                persons using any facility or system                                                                                Eduardo A. Aleman,
                                                which the Exchange operates or                             IV. Solicitation of Comments
                                                                                                                                                                    Assistant Secretary.
                                                controls. The Exchange believes that the                     Interested persons are invited to                      [FR Doc. 2016–29387 Filed 12–7–16; 8:45 am]
                                                proposed changes are reasonable and                        submit written data, views, and
                                                                                                                                                                    BILLING CODE 8011–01–P
                                                equitable because they are intended to                     arguments concerning the foregoing,
                                                simplify the Exchange’s fee schedule                       including whether the proposed rule
                                                and provide greater transparency to                        change is consistent with the Act.                       SECURITIES AND EXCHANGE
                                                market participants regarding how the                      Comments may be submitted by any of                      COMMISSION
                                                Exchange assesses fees and calculates                      the following methods:
                                                rebates. The Exchange notes that these                                                                              [Release No. 34–79458; File No. SR–NYSE–
                                                                                                           Electronic Comments                                      2016–69]
                                                changes are purely clerical and do not
                                                substantively amend any fee or rebate,                       • Use the Commission’s Internet
                                                                                                           comment form (http://www.sec.gov/                        Self-Regulatory Organizations; New
                                                nor do they alter the manner in which                                                                               York Stock Exchange LLC; Notice of
                                                the Exchange assesses fees or calculates                   rules/sro.shtml); or
                                                                                                             • Send an email to rule-comments@                      Filing and Immediate Effectiveness of
                                                rebates. The Exchange also believes that                                                                            Proposed Rule Change Amending
                                                the proposal is non-discriminatory                         sec.gov. Please include File Number SR–
                                                                                                           BatsBZX–2016–79 on the subject line.                     Chapter Nine of the NYSE Listed
                                                because it applies uniformly to all                                                                                 Company Manual
                                                Members. Finally, the Exchange                             Paper Comments
                                                believes that the proposed changes will                                                                             December 2, 2016.
                                                make the fee schedule clearer and                            • Send paper comments in triplicate                       Pursuant to Section 19(b)(1) 1 of the
                                                eliminate potential investor confusion,                    to Secretary, Securities and Exchange                    Securities Exchange Act of 1934
                                                thereby removing impediments to and                        Commission, 100 F Street NE.,                            (‘‘Act’’) 2 and Rule 19b–4 thereunder,3
                                                perfecting the mechanism of a free and                     Washington, DC 20549–1090.                               notice is hereby given that, on
                                                open market and a national market                          All submissions should refer to File                     November 23, 2016, New York Stock
                                                system, and, in general, protecting                        Number SR–BatsBZX–2016–79. This file                     Exchange LLC (‘‘NYSE’’ or the
                                                investors and the public interest.                         number should be included on the                         ‘‘Exchange’’) filed with the Securities
sradovich on DSK3GMQ082PROD with NOTICES




                                                                                                           subject line if email is used. To help the               and Exchange Commission
                                                B. Self-Regulatory Organization’s                          Commission process and review your                       (‘‘Commission’’) the proposed rule
                                                Statement on Burden on Competition                         comments more efficiently, please use                    change as described in Items I, II, and
                                                  The Exchange does not believe that                       only one method. The Commission will
                                                the proposed rule change will result in                    post all comments on the Commission’s                      11 17 CFR 200.30–3(a)(12).
                                                                                                                                                                      1 15 U.S.C. 78s(b)(1).
                                                  7 15   U.S.C. 78f.                                         9 15   U.S.C. 78s(b)(3)(A).                              2 15 U.S.C. 78a.
                                                  8 15   U.S.C. 78f(b)(4).                                   10 17   CFR 240.19b–4(f).                                3 17 CFR 240.19b–4.




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Document Created: 2016-12-08 00:26:44
Document Modified: 2016-12-08 00:26:44
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 88713 

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