82 FR 23955 - Sunshine Act Meeting; Date and Time Change

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 99 (May 24, 2017)

Page Range		23955-23956
FR Document		2017-10694

Federal Register, Volume 82 Issue 99 (Wednesday, May 24, 2017)

[Federal Register Volume 82, Number 99 (Wednesday, May 24, 2017)]
[Notices]
[Pages 23955-23956]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-10694]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting; Date and Time Change

Federal Register Citation of Previous Announcement: To be published.

Previously Announced Time and Date of the Meeting: Thursday, May 25, 
2017 2:00 p.m.

[[Page 23956]]


Changes in the Meeting: The Closed Commission Meeting scheduled for May 
25, 2017 at 2:00 p.m. has been changed to Wednesday, May 24, 2017 at 
3:00 p.m.

Contact Person for More Information: For further information and to 
ascertain what, if any, matters have been added, deleted or postponed, 
please contact the Office of the Secretary at (202) 551-5400.

    Dated: May 19, 2017.
Brent J. Fields,
Secretary.
[FR Doc. 2017-10694 Filed 5-22-17; 11:15 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 99 / Wednesday, May 24, 2017 / Notices 23955

investors, or otherwise in furtherance of For the Commission, by the Division of prescribed by Rule 15c3–3 must obtain
the purposes of the Act. If the Trading and Markets, pursuant to delegated and retain a written notification from
Commission takes such action, the authority.18 each bank in which it has a Special
Commission shall institute proceedings Eduardo A. Aleman, Reserve Bank Account to evidence the
to determine whether the proposed rule Assistant Secretary. bank’s acknowledgement that assets
should be approved or disapproved. [FR Doc. 2017–10596 Filed 5–23–17; 8:45 am] deposited in the Account are being held
BILLING CODE 8011–01–P by the bank for the exclusive benefit of
IV. Solicitation of Comments
the broker-dealer’s customers. In
Interested persons are invited to addition, a broker-dealer must
submit written data, views and SECURITIES AND EXCHANGE immediately notify the Commission and
arguments concerning the foregoing, COMMISSION its designated examining authority if it
including whether the proposed rule fails to make a required deposit to its
[SEC File No. 270–087, OMB Control No.
change is consistent with the Act. 3235–0078] Special Reserve Bank Account. Finally,
Comments may be submitted by any of a broker-dealer that effects transactions
the following methods: Submission for OMB Review; in SFPs for customers will also have
Electronic Comments Comment Request paperwork burdens to make a record of
each change in account type.
• Use the Commission’s Internet Upon Written Request, Copies Available The Commission staff estimates a total
comment form (http://www.sec.gov/ From: Securities and Exchange annual time burden of 555,604 hours
rules/sro.shtml); or Commission, Office of FOIA Services, and an aggregate cost of $1,848,465 to
• Send an email to rule-comments@ 100 F St. NE., Washington, DC 20549– comply with the rule. These amounts
sec.gov. Please include File Number SR– 0213 were adjusted after publication of the
FINRA–2017–014 on the subject line. Extension: 60-day notice to reflect the addition of
Rule 15c3–3 a previously-omitted information
Paper Comments
Notice is hereby given that pursuant collection and higher postage costs.
• Send paper comments in triplicate An agency may not conduct or
to the Paperwork Reduction Act of 1995
to Brent J. Fields, Secretary, Securities sponsor, and a person is not required to
(44 U.S.C. 3501 et seq.) the Securities
and Exchange Commission, 100 F Street respond to, a collection of information
and Exchange Commission
NE., Washington, DC 20549–1090. under the PRA unless it displays a
(‘‘Commission’’) has submitted to the
All submissions should refer to File Office of Management and Budget currently valid OMB control number.
Number SR–FINRA–2017–014. This file (‘‘OMB’’) a request for approval of The public may view background
number should be included on the extension of the previously approved documentation for this information
subject line if email is used. To help the collection of information provided for in collection at the following Web site,
Commission process and review your Rule 15c3–3 (17 CFR 240.15c3–3), www.reginfo.gov. Comments should be
comments more efficiently, please use under the Securities Exchange Act of directed to: (i) Desk Officer for the
only one method. The Commission will 1934 (15 U.S.C. 78a et seq.) (‘‘Exchange Securities and Exchange Commission,
post all comments on the Commission’s Act’’). Office of Information and Regulatory
Internet Web site (http://www.sec.gov/ Rule 15c3–3 requires that a broker- Affairs, Office of Management and
rules/sro.shtml). Copies of the dealer that holds customer securities Budget, Room 10102, New Executive
submission, all subsequent obtain and maintain possession and Office Building, Washington, DC 20503,
amendments, all written statements control of fully-paid and excess margin or by sending an email to: Shagufta_
with respect to the proposed rule securities they hold for customers. In Ahmed@omb.eop.gov; and (ii) Pamela
change that are filed with the addition, the Rule requires that a broker- Dyson, Director/Chief Information
Commission, and all written dealer that holds customer funds make Officer, Securities and Exchange
communications relating to the either a weekly or monthly computation Commission, c/o Remi Pavlik-Simon,
proposed rule change between the to determine whether certain customer 100 F Street NE., Washington, DC
Commission and any person, other than funds need to be segregated in a special 20549, or send an email to: PRA_
those that may be withheld from the reserve bank account for the exclusive Mailbox@sec.gov. Comments must be
public in accordance with the benefit of the firm’s customers. It also submitted to OMB within 30 days of
provisions of 5 U.S.C. 552, will be requires that a broker-dealer maintain a this notice.
available for Web site viewing and written notification from each bank Dated: May 19, 2017.
printing in the Commission’s Public where a Special Reserve Bank Account Eduardo A. Aleman,
Reference Room, 100 F Street NE., is held acknowledging that all assets in Assistant Secretary.
Washington, DC 20549, on official the account are for the exclusive benefit [FR Doc. 2017–10617 Filed 5–23–17; 8:45 am]
business days between the hours of of the broker-dealer’s customers, and to BILLING CODE 8011–01–P
10:00 a.m. and 3:00 p.m. Copies of such provide written notification to the
filing also will be available for Commission (and its designated
inspection and copying at the principal examining authority) under certain, SECURITIES AND EXCHANGE
office of FINRA. All comments received specified circumstances. Finally, broker- COMMISSION
will be posted without change; the dealers that sell securities futures
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Commission does not edit personal products (‘‘SFP’’) to customers must Sunshine Act Meeting; Date and Time
identifying information from provide certain notifications to Change
submissions. You should submit only customers and make a record of any
information that you wish to make changes of account type. FEDERAL REGISTER CITATION OF PREVIOUS
available publicly. All submissions A broker-dealer required to maintain ANNOUNCEMENT: To be published.
should refer to File Number SR–FINRA– the Special Reserve Bank Account PREVIOUSLY ANNOUNCED TIME AND DATE OF
2017–014 and should be submitted on THE MEETING: Thursday, May 25, 2017
or before June 14, 2017. 18 17 CFR 200.30–3(a)(12). 2:00 p.m.

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23956 Federal Register / Vol. 82, No. 99 / Wednesday, May 24, 2017 / Notices

CHANGES IN THE MEETING: The Closed II. Self-Regulatory Organization’s Participants filed the Plan to comply
Commission Meeting scheduled for May Statement of the Purpose of, and with Rule 613 of Regulation NMS under
25, 2017 at 2:00 p.m. has been changed Statutory Basis for, the Proposed Rule the Exchange Act. The Plan was
to Wednesday, May 24, 2017 at 3:00 Change published for comment in the Federal
p.m. Register on May 17, 2016,9 and
In its filing with the Commission, the
CONTACT PERSON FOR MORE INFORMATION: approved by the Commission, as
Exchange included statements
For further information and to ascertain modified, on November 15, 2016.10 The
concerning the purpose of and basis for
what, if any, matters have been added, Plan is designed to create, implement
the proposed rule change and discussed
deleted or postponed, please contact the and maintain a consolidated audit trail
any comments it received on the
Office of the Secretary at (202) 551– (‘‘CAT’’) that would capture customer
proposed rule change. The text of these
5400. and order event information for orders
statements may be examined at the
in NMS Securities and OTC Equity
Dated: May 19, 2017. places specified in Item IV below. The
Securities, across all markets, from the
Brent J. Fields, Exchange has prepared summaries, set
time of order inception through routing,
Secretary. forth in sections A, B, and C below, of
cancellation, modification, or execution
[FR Doc. 2017–10694 Filed 5–22–17; 11:15 am] the most significant aspects of such
in a single consolidated data source.
statements.
BILLING CODE 8011–01–P The Plan accomplishes this by creating
A. Self-Regulatory Organization’s CAT NMS, LLC (the ‘‘Company’’), of
Statement of the Purpose of, and the which each Participant is a member, to
SECURITIES AND EXCHANGE Statutory Basis for, the Proposed Rule operate the CAT.11 Under the CAT NMS
COMMISSION Change Plan, the Operating Committee of the
Company (‘‘Operating Committee’’) has
[Release No. 34–80713; File No. SR–GEMX– 1. Purpose
discretion to establish funding for the
2017–17] The purpose of the proposed rule Company to operate the CAT, including
change is to adopt a fee schedule to establishing fees that the Participants
Self-Regulatory Organizations; Nasdaq
establish the fees for Industry Members will pay, and establishing fees for
GEMX, LLC; Notice of Filing and
related to the CAT NMS Plan. Industry Members that will be
Immediate Effectiveness of Proposed
Bats BYX Exchange, Inc., Bats BZX implemented by the Participants (‘‘CAT
Rule Change To Adopt Section VI of
Exchange, Inc., Bats EDGA Exchange, Fees’’).12 The Participants are required
the GEMX Fee Schedule
Inc., Bats EDGX Exchange, Inc., BOX to file with the SEC under Section 19(b)
May 18, 2017. Options Exchange LLC, C2 Options of the Exchange Act any such CAT Fees
Pursuant to Section 19(b)(1) of the Exchange, Incorporated, Chicago Board applicable to Industry Members that the
Securities Exchange Act of 1934 (‘‘Act’’ Options Exchange, Incorporated, Operating Committee approves.13
or ‘‘Exchange Act’’),1 and Rule 19b–4 Chicago Stock Exchange, Inc., Financial Accordingly, the Exchange submits this
thereunder,2 notice is hereby given that Industry Regulatory Authority, Inc. fee filing to propose the Consolidated
on May 12, 2017, Nasdaq GEMX, LLC (‘‘FINRA’’), Investors’ Exchange LLC, Audit Trail Funding Fees, which will
(‘‘GEMX’’ or ‘‘Exchange’’) filed with the Miami International Securities require Industry Members that are SRO
Securities and Exchange Commission Exchange, LLC, MIAX PEARL, LLC, members to pay the CAT Fees
(‘‘SEC’’ or ‘‘Commission’’) the proposed NASDAQ BX, Inc., Nasdaq GEMX, LLC, determined by the Operating
rule change as described in Items I, II, Nasdaq ISE, LLC, Nasdaq MRX, LLC,4 Committee.
and III below, which Items have been NASDAQ PHLX LLC, The NASDAQ (1) Executive Summary
prepared by the Exchange.3 The Stock Market LLC, New York Stock
Commission is publishing this notice to Exchange LLC, NYSE MKT LLC, NYSE The following provides an executive
solicit comments on the proposed rule Arca, Inc. and NYSE National, Inc.5 summary of the CAT funding model
change from interested persons. (collectively, the ‘‘Participants’’) filed approved by the Operating Committee,
with the Commission, pursuant to as well as Industry Members’ rights and
I. Self-Regulatory Organization’s Section 11A of the Exchange Act 6 and obligations related to the payment of
Statement of the Terms of Substance of Rule 608 of Regulation NMS CAT Fees calculated pursuant to the
the Proposed Rule Change thereunder,7 the CAT NMS Plan.8 The CAT funding model. A detailed
The Exchange proposes to adopt a fee description of the CAT funding model
schedule to establish the fees for 4 ISE Gemini, LLC, ISE Mercury, LLC and and the CAT Fees follows this executive
Industry Members related to the International Securities Exchange, LLC have been summary.
renamed Nasdaq GEMX, LLC, Nasdaq MRX, LLC,
National Market System Plan Governing and Nasdaq ISE, LLC, respectively. See Securities (A) CAT Funding Model
the Consolidated Audit Trail (the ‘‘CAT Exchange Act Release No. 80248 (March 15, 2017),
NMS Plan’’ or ‘‘Plan’’) at Section VI of 82 FR 14547 (March 21, 2017); Securities Exchange • CAT Costs. The CAT funding model
the GEMX Fee Schedule. Act Release No. 80326 (March 29, 2017), 82 FR is designed to establish CAT-specific
16460 (April 4, 2017); and Securities Exchange Act fees to collectively recover the costs of
The text of the proposed rule change Release No. 80325 (March 29, 2017), 82 FR 16445
is available on the Exchange’s Web site (April 4, 2017).
building and operating the CAT from all
at www.ise.com, at the principal office 5 National Stock Exchange, Inc. has been renamed

NYSE National, Inc. See Securities Exchange Act from Participants to Brent J. Fields, Secretary,
of the Exchange, and at the
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Release No. 79902 (Jan. 30, 2017), 82 FR 9258 Commission, dated December 23, 2015.
Commission’s Public Reference Room. (February 3, 2017). 9 Securities Exchange Act Release No. 77724

6 15 U.S.C. 78k–1. (April 27, 2016), 81 FR 30614 (May 17, 2016).
1 15 10 Securities Exchange Act Release No. 79318
U.S.C. 78s(b)(1). 7 17 CFR 242.608.
2 17 CFR 240.19b–4. 8 See Letter from the Participants to Brent J. (November 15, 2016), 81 FR 84696 (November 23,
3 The Exchange originally filed the proposed rule Fields, Secretary, Commission, dated September 30, 2016) (‘‘Approval Order’’).
11 The Plan also serves as the limited liability
change on May 3, 2017 under File No. SR–GEMX– 2014; and Letter from Participants to Brent J. Fields,
2017–11. The Exchange subsequently withdrew that Secretary, Commission, dated February 27, 2015. company agreement for the Company.
12 Section 11.1(b) of the CAT NMS Plan.
filing on May 12, 2017 and filed this proposed rule On December 24, 2015, the Participants submitted
change. an amendment to the CAT NMS Plan. See Letter 13 Id.

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Document Created: 2017-05-24 01:03:12
Document Modified: 2017-05-24 01:03:12

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		82 FR 23955