82 FR 31644 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Withdrawal of a Proposed Rule Change Related to Unusual Market Conditions and the Duty To Systemize Non-Electronic Orders Prior to Representation

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 129 (July 7, 2017)

Page Range		31644-31644
FR Document		2017-14244

Federal Register, Volume 82 Issue 129 (Friday, July 7, 2017)

[Federal Register Volume 82, Number 129 (Friday, July 7, 2017)]
[Notices]
[Page 31644]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-14244]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81065; File No. SR-CBOE-2017-010]


Self-Regulatory Organizations; Chicago Board Options Exchange, 
Incorporated; Notice of Withdrawal of a Proposed Rule Change Related to 
Unusual Market Conditions and the Duty To Systemize Non-Electronic 
Orders Prior to Representation

June 30, 2017.
    On February 15, 2017, the Chicago Board Options Exchange, 
Incorporated (``Exchange'' or ``CBOE'') filed with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 19(b)(1) of 
the Securities Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 
19b-4 thereunder,\2\ a proposed rule change to amend its rules 
regarding the circumstances in which CBOE Floor Officials may declare a 
``fast'' market and the actions those Floor Officials may take when a 
fast market is declared, including the ability to suspend the duty to 
systemize a non-electronic order prior to representing it in open 
outcry trading. The proposed rule change was published for comment in 
the Federal Register on March 6, 2017.\3\ On April 18, 2017, pursuant 
to Section 19(b)(2) of the Exchange Act,\4\ the Commission designated a 
longer period within which to approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether to disapprove the proposed rule change.\5\ On June 2, 
2017, the Commission instituted proceedings to determine whether to 
approve or disapprove the proposed rule change.\6\ The Commission 
received no comments on the proposed rule change. On June 26, 2017, 
CBOE withdrew the proposed rule change (SR-CBOE-2017-010).
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 80123 (February 28, 
2017), 82 FR 12667 (``Notice'').
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 80481, 82 FR 18941 
(April 24, 2017). The Commission designated June 4, 2017, as the 
date by which the Commission shall either approve or disapprove, or 
institute proceedings to determine whether to disapprove, the 
proposed rule change.
    \6\ See Securities Exchange Act Release No. 80854, 82 FR 26724 
(June 8, 2017).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2017-14244 Filed 7-6-17; 8:45 am]
 BILLING CODE 8011-01-P

31644 Federal Register / Vol. 82, No. 129 / Friday, July 7, 2017 / Notices

and routing decisions and for order Commission, 100 F Street NE., (‘‘Exchange’’ or ‘‘CBOE’’) filed with the
handling and regulatory compliance. Washington, DC 20549–1090. Securities and Exchange Commission
All submissions should refer to File (‘‘Commission’’), pursuant to Section
C. Self-Regulatory Organization’s
Number SR–NYSEArca–2017–70. This 19(b)(1) of the Securities Exchange Act
Statement on Comments on the
file number should be included on the of 1934 (‘‘Exchange Act’’) 1 and Rule
Proposed Rule Change Received From
subject line if email is used. To help the 19b–4 thereunder,2 a proposed rule
Members, Participants, or Others change to amend its rules regarding the
Commission process and review your
No written comments were solicited comments more efficiently, please use circumstances in which CBOE Floor
or received with respect to the proposed only one method. The Commission will Officials may declare a ‘‘fast’’ market
rule change. post all comments on the Commission’s and the actions those Floor Officials
Internet Web site (http://www.sec.gov/ may take when a fast market is declared,
III. Date of Effectiveness of the including the ability to suspend the
Proposed Rule Change and Timing for rules/sro.shtml). Copies of the
submission, all subsequent duty to systemize a non-electronic order
Commission Action prior to representing it in open outcry
amendments, all written statements
Because the foregoing proposed rule with respect to the proposed rule trading. The proposed rule change was
change does not: (i) Significantly affect change that are filed with the published for comment in the Federal
the protection of investors or the public Commission, and all written Register on March 6, 2017.3 On April
interest; (ii) impose any significant communications relating to the 18, 2017, pursuant to Section 19(b)(2) of
burden on competition; and (iii) become proposed rule change between the the Exchange Act,4 the Commission
operative for 30 days from the date on Commission and any person, other than designated a longer period within which
which it was filed, or such shorter time those that may be withheld from the to approve the proposed rule change,
as the Commission may designate, it has public in accordance with the disapprove the proposed rule change, or
become effective pursuant to Section provisions of 5 U.S.C. 552, will be institute proceedings to determine
19(b)(3)(A) 16 of the Act and Rule 19b– available for Web site viewing and whether to disapprove the proposed
4(f)(6) thereunder.17 printing in the Commission’s Public rule change.5 On June 2, 2017, the
At any time within 60 days of the Reference Room, 100 F Street NE., Commission instituted proceedings to
filing of the proposed rule change, the Washington, DC 20549, on official determine whether to approve or
Commission summarily may business days between the hours of disapprove the proposed rule change.6
temporarily suspend such rule change if 10:00 a.m. and 3:00 p.m. Copies of the The Commission received no comments
it appears to the Commission that such filing also will be available for on the proposed rule change. On June
action is: (i) Necessary or appropriate in inspection and copying at the principal 26, 2017, CBOE withdrew the proposed
the public interest; (ii) for the protection office of the Exchange. All comments rule change (SR–CBOE–2017–010).
of investors; or (iii) otherwise in received will be posted without change; For the Commission, by the Division of
furtherance of the purposes of the Act. the Commission does not edit personal Trading and Markets, pursuant to delegated
If the Commission takes such action, the authority.7
identifying information from
Commission shall institute proceedings submissions. You should submit only Brent J. Fields,
to determine whether the proposed rule information that you wish to make Secretary.
should be approved or disapproved. available publicly. All submissions [FR Doc. 2017–14244 Filed 7–6–17; 8:45 am]

IV. Solicitation of Comments should refer to File Number SR– BILLING CODE 8011–01–P
NYSEArca–2017–70, and should be
Interested persons are invited to submitted on or before July 28, 2017.
submit written data, views, and SECURITIES AND EXCHANGE
For the Commission, by the Division of
arguments concerning the foregoing, COMMISSION
Trading and Markets, pursuant to delegated
including whether the proposed rule authority.18 [Release No. 34–81060; File No. SR–MSRB–
change is consistent with the Act. 2017–04]
Brent J. Fields,
Comments may be submitted by any of
Secretary.
the following methods: Self-Regulatory Organizations;
[FR Doc. 2017–14241 Filed 7–6–17; 8:45 am]
Electronic Comments Municipal Securities Rulemaking
BILLING CODE 8011–01–P
Board; Notice of Filing of a Proposed
• Use the Commission’s Internet Rule Change To Amend MSRB Rule G–
comment form (http://www.sec.gov/ 21(e), on Municipal Fund Security
rules/sro.shtml); or SECURITIES AND EXCHANGE
Product Advertisements
• Send an email to rule-comments@ COMMISSION
sec.gov. Please include File Number SR– June 30, 2017.
[Release No. 34–81065; File No. SR–CBOE–
NYSEArca–2017–70 on the subject line. 2017–010] Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
Paper Comments Self-Regulatory Organizations;
• Send paper comments in triplicate
1 15 U.S.C. 78s(b)(1).
Chicago Board Options Exchange,
2 17 CFR 240.19b–4.
to Secretary, Securities and Exchange Incorporated; Notice of Withdrawal of 3 See Securities Exchange Act Release No. 80123
a Proposed Rule Change Related to (February 28, 2017), 82 FR 12667 (‘‘Notice’’).
asabaliauskas on DSKBBXCHB2PROD with NOTICES

16 15 U.S.C. 78s(b)(3)(A). Unusual Market Conditions and the 4 15 U.S.C. 78s(b)(2).

17 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– Duty To Systemize Non-Electronic 5 See Securities Exchange Act Release No. 80481,

4(f)(6) requires a self-regulatory organization to give Orders Prior to Representation 82 FR 18941 (April 24, 2017). The Commission
the Commission written notice of its intent to file designated June 4, 2017, as the date by which the
the proposed rule change, along with a brief June 30, 2017. Commission shall either approve or disapprove, or
description and the text of the proposed rule institute proceedings to determine whether to
On February 15, 2017, the Chicago disapprove, the proposed rule change.
change, at least five business days prior to the date
of filing of the proposed rule change, or such Board Options Exchange, Incorporated 6 See Securities Exchange Act Release No. 80854,

shorter time as designated by the Commission. The 82 FR 26724 (June 8, 2017).
Exchange has satisfied this requirement. 18 17 CFR 200.30–3(a)(12). 7 17 CFR 200.30–3(a)(12).

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Document Created: 2017-07-07 02:20:12
Document Modified: 2017-07-07 02:20:12

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 31644