82 FR 41298 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Transaction Fees at Chapter XV, Section 2 Entitled “NASDAQ Options Market-Fees and Rebates”
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 167 (August 30, 2017)
Federal Register Volume 82, Issue 167 (August 30, 2017)
| Page Range | 41298-41300 | |
| FR Document | 2017-18352 |
[Federal Register Volume 82, Number 167 (Wednesday, August 30, 2017)] [Notices] [Pages 41298-41300] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-18352] [[Page 41298]] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-81479; File No. SR-NASDAQ-2017-083] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Transaction Fees at Chapter XV, Section 2 Entitled ``NASDAQ Options Market--Fees and Rebates'' August 24, 2017. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on August 16, 2017, The NASDAQ Stock Market LLC (``Nasdaq'' or ``Exchange'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I, II, and III, below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend the Exchange's transaction fees at Chapter XV, Section 2 entitled ``NASDAQ Options Market--Fees and Rebates The text of the proposed rule change is available on the Exchange's Web site at http://nasdaq.cchwallstreet.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 aspects of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose NOM proposes to amend the MARS subsidy program which pays a subsidy to NOM Participants that provide certain order routing functionalities to other NOM Participants and/or use such functionalities themselves. Generally, under MARS, the Exchange pays participating NOM Participants to subsidize their costs of providing routing services to route orders to NOM. The Exchange believes that the proposed amendment to MARS will continue to attract higher volumes of electronic equity and ETF options volume to the Exchange from non-NOM Participants as well as NOM Participants. Background Today, to qualify for MARS, a NOM Participant's routing system (hereinafter ``System'') is required to meet certain criteria. Specifically the Participant's System is required to: (1) Enable the electronic routing of orders to all of the U.S. options exchanges, including NOM; (2) provide current consolidated market data from the U.S. options exchanges; and (3) be capable of interfacing with NOM's API to access current NOM match engine functionality. The NOM Participant's System would also need to cause NOM to be one of the top three default destination exchanges for (a) individually executed marketable orders if NOM is at the national best bid or offer (``NBBO''), regardless of size or time, (b) orders that establish a new NBBO on NOM's Order Book, but allow any user to manually override NOM as the default destination on an order-by-order basis.\3\ --------------------------------------------------------------------------- \3\ Any NOM Participant is permitted to avail itself of this arrangement, provided that its order routing functionality incorporates the features described herein and the Participant satisfies NOM that it appears to be robust and reliable. Participants remain solely responsible for implementing and operating its System. --------------------------------------------------------------------------- MARS Payment are made to NOM Participants that have System Eligibility and have routed the requisite number of Eligible Contracts daily in a month (``Average Daily Volume''), which were executed on NOM.\4\ Today, NOM Participants that have System Eligibility and have executed the requisite number of Eligible Contracts in a month will be paid the following rebates: \5\ --------------------------------------------------------------------------- \4\ For the purpose of qualifying for the MARS Payment, Eligible Contracts may include Firm, Non-NOM Market Maker, Broker-Dealer, or Joint Back Office or ``JBO'' equity option orders that add liquidity and are electronically delivered and executed. Eligible Contracts do not include Mini Option orders. \5\ The specified MARS Payment are paid on all executed Eligible Contracts that add liquidity, which are routed to NOM through a participating NOM Participant's System and meet the requisite Eligible Contracts ADV. No payment [sic] are made with respect to orders that are routed to NOM, but not executed. Also, a Participant is not be [sic] entitled to receive any other revenue from the Exchange for the use of its System specifically with respect to orders routed to NOM. ---------------------------------------------------------------------------------------------------------------- Average daily Tiers volume MARS payment MARS payment (``ADV'') (penny) (non-penny) ---------------------------------------------------------------------------------------------------------------- 1............................................................... 2,500 \*\ $0.07 \*\ $0.15 2............................................................... 5,000 \*\ 0.09 \*\ 0.20 3............................................................... 10,000 \*\ 0.11 \*\ 0.30 4............................................................... 20,000 \*\ 0.15 \*\ 0.50 5............................................................... 45,000 \*\ 0.17 \*\ 0.60 ---------------------------------------------------------------------------------------------------------------- Specifically, the specified MARS Payment are paid on all executed Eligible Contracts that add liquidity, which are routed to NOM through a participating NOM Participant's System and meet the requisite Eligible Contracts ADV. No payments are made with respect to orders that are routed to NOM, but not executed.\6\ --------------------------------------------------------------------------- \6\ A Participant is not entitled to receive any other revenue from the Exchange for the use of its System specifically with respect to orders routed to NOM. --------------------------------------------------------------------------- Amendment to MARS Payment The Exchange proposes to amend the MARS Payment tiers at Chapter XV, Section 2(6) by amending current tier 1 to require an ADV of 2,000 contracts instead of the current ADV of 2,500 contracts. The Exchange would continue to pay a $0.07 per contract MARS Payment for Penny Options and a $0.15 per contract rebate for Non- [[Page 41299]] Penny Options.\7\ All other tiers would remain unchanged. The Exchange believes that the proposed change to the MARS Payment will attract additional liquidity to NOM. --------------------------------------------------------------------------- \7\ Today, NOM Participants that qualify for Customer and Professional Penny Pilot Options Rebate to Add Liquidity Tier 8 in Section 2(1) receive $0.09 per contract in addition to any MARS Payment tier on MARS Eligible Contracts the NOM Participant qualifies for in a given month. This would remain unchanged. --------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act,\8\ in general, and furthers the objectives of Sections 6(b)(4) and 6(b)(5) of the Act,\9\ in particular, in that it provides for the equitable allocation of reasonable dues, fees and other charges among Participants and issuers and other persons using any facility or system which the Exchange operates or controls, and is not designed to permit unfair discrimination between customers, issuers, brokers, or dealers. --------------------------------------------------------------------------- \8\ 15 U.S.C. 78f(b). \9\ 15 U.S.C. 78f(b)(4) and (5). --------------------------------------------------------------------------- The Exchange's proposal to amend Tier 1 to lower the requisite ADV from 2,500 to 2,000 contracts and continue to pay a MARS Payment of $0.07 per contract for Penny Pilot Options and $0.15 per contract for Non-Penny Pilot Options is reasonable because additional Participants would be able to qualify for a Tier 1 rebate, because of the lower requirement, provided the Participant has System Eligibility and executes the requisite ADV of Eligible Contracts. The Exchange believes this amendment may attract higher volumes of electronic equity and ETF options volume to NOM, which would in turn benefit all NOM Participants by offering greater price discovery, increased transparency, and an increased opportunity to trade on the Exchange. Also, the proposal should enhance the competitiveness of the Exchange, particularly with respect to those exchanges that offer their own front-end order entry system or one they subsidize in some manner. The amendment to Tier 1 may incentivize NOM Participants to participate in MARS to obtain the rebate, provided the NOM Participant is eligible for MARS. Further, the tier structure will continue to allow NOM Participants to price their services at a level that will enable them to attract order flow from market participants who would otherwise utilize an existing front-end order entry mechanism offered by the Exchange's competitors instead of incurring the cost in time and money to develop their own internal systems to be able to deliver orders directly to the Exchange's System. The Exchange's proposal to amend Tier 1 to lower the requisite ADV from 2,500 to 2,000 contracts and continue to pay a MARS Payment of $0.07 per contract for Penny Pilot Options and $0.15 per contract for Non-Penny Pilot Options is equitable and not unfairly discriminatory because the Exchange will uniformly pay all NOM Participants the rebates specified in the proposed MARS Payment tiers provided the NOM Participant has executed the requisite ADV of Eligible Contracts. Moreover, the Exchange believes that the proposed MARS Payments offered by the Exchange are equitable and not unfairly discriminatory because any qualifying NOM Participant that offers market access and connectivity to the Exchange and/or utilize such functionality themselves may earn the MARS Payment for all Eligible Contracts. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act. In terms of inter-market competition, the Exchange notes that it operates in a highly competitive market in which market participants can readily favor competing venues if they deem fee levels at a particular venue to be excessive, or rebate opportunities available at other venues to be more favorable. The Exchange's proposal to amend Tier 1 to lower the requisite ADV from 2,500 to 2,000 contracts and continue to pay a MARS Payment of $0.07 per contract for Penny Pilot Options and $0.15 per contract for Non-Penny Pilot Options does not impose an undue burden on intra-market competition because the Exchange will uniformly pay all NOM Participants the MARS Payments specified in the proposed MARS Payment tiers for Penny and Non-Penny Pilot Options provided the NOM Participant has executed the requisite number of Eligible Contracts. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were either solicited or received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)(ii) of the Act.\10\ --------------------------------------------------------------------------- \10\ 15 U.S.C. 78s(b)(3)(A)(ii). --------------------------------------------------------------------------- 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: (i) Necessary or appropriate in the public interest; (ii) for the protection of investors; or (iii) otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings to determine whether the proposed rule should be approved or disapproved. IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-NASDAQ-2017-083 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-NASDAQ-2017-083. 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., [[Page 41300]] Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the 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-NASDAQ-2017-083, and should be submitted on or before September 20, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\11\ --------------------------------------------------------------------------- \11\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-18352 Filed 8-29-17; 8:45 am] BILLING CODE 8011-01-P
![41298 Federal Register / Vol. 82, No. 167 / Wednesday, August 30, 2017 / Notices
SECURITIES AND EXCHANGE at http://nasdaq.cchwallstreet.com, at electronic equity and ETF options
COMMISSION the principal office of the Exchange, and volume to the Exchange from non-NOM
at the Commission’s Public Reference Participants as well as NOM
[Release No. 34–81479; File No. SR– Room. Participants.
NASDAQ–2017–083]
II. Self-Regulatory Organization’s Background
Self-Regulatory Organizations; The Statement of the Purpose of, and
Today, to qualify for MARS, a NOM
NASDAQ Stock Market LLC; Notice of Statutory Basis for, the Proposed Rule
Participant’s routing system (hereinafter
Filing and Immediate Effectiveness of Change
‘‘System’’) is required to meet certain
Proposed Rule Change To Amend the In its filing with the Commission, the criteria. Specifically the Participant’s
Exchange’s Transaction Fees at Exchange included statements System is required to: (1) Enable the
Chapter XV, Section 2 Entitled concerning the purpose of and basis for electronic routing of orders to all of the
‘‘NASDAQ Options Market—Fees and the proposed rule change and discussed U.S. options exchanges, including
Rebates’’ any comments it received on the NOM; (2) provide current consolidated
August 24, 2017. proposed rule change. The text of these market data from the U.S. options
Pursuant to Section 19(b)(1) of the statements may be examined at the exchanges; and (3) be capable of
Securities Exchange Act of 1934 places specified in Item IV below. The interfacing with NOM’s API to access
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 Exchange has prepared summaries, set current NOM match engine
notice is hereby given that on August forth in sections A, B, and C below, of functionality. The NOM Participant’s
16, 2017, The NASDAQ Stock Market the most significant aspects of such System would also need to cause NOM
LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) filed statements. to be one of the top three default
with the Securities and Exchange A. Self-Regulatory Organization’s destination exchanges for (a)
Commission (‘‘Commission’’) the Statement of the Purpose of, and the individually executed marketable orders
proposed rule change as described in Statutory Basis for, the Proposed Rule if NOM is at the national best bid or
Items I, II, and III, below, which Items Change offer (‘‘NBBO’’), regardless of size or
have been prepared by the Exchange. time, (b) orders that establish a new
The Commission is publishing this 1. Purpose NBBO on NOM’s Order Book, but allow
notice to solicit comments on the NOM proposes to amend the MARS any user to manually override NOM as
proposed rule change from interested subsidy program which pays a subsidy the default destination on an order-by-
persons. to NOM Participants that provide order basis.3
certain order routing functionalities to MARS Payment are made to NOM
I. Self-Regulatory Organization’s other NOM Participants and/or use such Participants that have System Eligibility
Statement of the Terms of Substance of functionalities themselves. Generally, and have routed the requisite number of
the Proposed Rule Change under MARS, the Exchange pays Eligible Contracts daily in a month
The Exchange proposes to amend the participating NOM Participants to (‘‘Average Daily Volume’’), which were
Exchange’s transaction fees at Chapter subsidize their costs of providing executed on NOM.4 Today, NOM
XV, Section 2 entitled ‘‘NASDAQ routing services to route orders to NOM. Participants that have System Eligibility
Options Market—Fees and Rebates The Exchange believes that the and have executed the requisite number
The text of the proposed rule change proposed amendment to MARS will of Eligible Contracts in a month will be
is available on the Exchange’s Web site continue to attract higher volumes of paid the following rebates: 5
Average MARS MARS
Tiers daily volume payment payment
(‘‘ADV’’) (penny) (non-penny)
1 ................................................................................................................................................... 2,500 * $0.07 * $0.15
2 ................................................................................................................................................... 5,000 * 0.09 * 0.20
3 ................................................................................................................................................... 10,000 * 0.11 * 0.30
4 ................................................................................................................................................... 20,000 * 0.15 * 0.50
5 ................................................................................................................................................... 45,000 * 0.17 * 0.60
Specifically, the specified MARS respect to orders that are routed to to require an ADV of 2,000 contracts
Payment are paid on all executed NOM, but not executed.6 instead of the current ADV of 2,500
Eligible Contracts that add liquidity, contracts. The Exchange would
Amendment to MARS Payment
which are routed to NOM through a continue to pay a $0.07 per contract
participating NOM Participant’s System The Exchange proposes to amend the MARS Payment for Penny Options and
and meet the requisite Eligible Contracts MARS Payment tiers at Chapter XV, a $0.15 per contract rebate for Non-
ADV. No payments are made with Section 2(6) by amending current tier 1
1 15
U.S.C. 78s(b)(1). NOM Market Maker, Broker-Dealer, or Joint Back not executed. Also, a Participant is not be [sic]
2 17
CFR 240.19b–4. Office or ‘‘JBO’’ equity option orders that add entitled to receive any other revenue from the
mstockstill on DSK30JT082PROD with NOTICES
3 Any NOM Participant is permitted to avail itself liquidity and are electronically delivered and Exchange for the use of its System specifically with
of this arrangement, provided that its order routing executed. Eligible Contracts do not include Mini respect to orders routed to NOM.
functionality incorporates the features described Option orders. 6 A Participant is not entitled to receive any other
herein and the Participant satisfies NOM that it 5 The specified MARS Payment are paid on all
revenue from the Exchange for the use of its System
appears to be robust and reliable. Participants executed Eligible Contracts that add liquidity,
remain solely responsible for implementing and specifically with respect to orders routed to NOM.
which are routed to NOM through a participating
7 Today, NOM Participants that qualify for
operating its System. NOM Participant’s System and meet the requisite
4 For the purpose of qualifying for the MARS Eligible Contracts ADV. No payment [sic] are made Customer and Professional Penny Pilot Options
Payment, Eligible Contracts may include Firm, Non- with respect to orders that are routed to NOM, but
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![41300 Federal Register / Vol. 82, No. 167 / Wednesday, August 30, 2017 / Notices
Washington, DC 20549, on official reasons for so finding or as to which the SUPPLEMENTARY INFORMATION: Notice is
business days between the hours of self-regulatory organization consents, hereby given that as a result of the
10:00 a.m. and 3:00 p.m. Copies of the the Commission shall either approve the Administrator’s disaster declaration,
filing also will be available for proposed rule change, disapprove the applications for disaster loans may be
inspection and copying at the principal proposed rule change, or institute filed at the address listed above or other
office of the Exchange. All comments proceedings to determine whether the locally announced locations.
received will be posted without change; proposed rule change should be Incident: Tornadoes, Severe Storms,
the Commission does not edit personal disapproved. The 45th day for this filing Straight-line Winds and Flooding.
identifying information from is August 27, 2017. Incident Period: 08/05/2017 through
submissions. You should submit only The Commission is extending the 45- 08/14/2017.
information that you wish to make day time period for Commission action The following areas have been
available publicly. All submissions on the proposed rule change. The determined to be adversely affected by
should refer to File Number SR– Commission finds that it is appropriate the disaster:
NASDAQ–2017–083, and should be to designate a longer period within Primary Counties: Tulsa
submitted on or before September 20, which to take action on the proposed Contiguous Counties:
2017. rule change so that it has sufficient time Oklahoma: Creek, Okmulgee, Osage,
For the Commission, by the Division of to consider the proposed rule change. Pawnee, Rogers, Wagoner,
Trading and Markets, pursuant to delegated Accordingly, pursuant to Section Washington.
authority.11 19(b)(2) of the Act 5 and for the reasons
The Interest Rates are:
Eduardo A. Aleman, stated above, the Commission
Assistant Secretary. designates October 11, 2017, as the date Percent
[FR Doc. 2017–18352 Filed 8–29–17; 8:45 am]
by which the Commission should either
approve or disapprove, or institute For Physical Damage:
BILLING CODE 8011–01–P
proceedings to determine whether to Homeowners With Credit Avail-
disapprove, the proposed rule change able Elsewhere ...................... 3.500
(File No. SR–NYSE–2017–31). Homeowners Without Credit
SECURITIES AND EXCHANGE Available Elsewhere .............. 1.750
COMMISSION For the Commission, by the Division of Businesses With Credit Avail-
Trading and Markets, pursuant to delegated able Elsewhere ...................... 6.610
[Release No. 34–81478; File No. SR–NYSE– authority.6
2017–31] Businesses Without Credit
Eduardo A. Aleman, Available Elsewhere .............. 3.305
Self-Regulatory Organizations; New Assistant Secretary. Non-Profit Organizations With
York Stock Exchange LLC; Notice of [FR Doc. 2017–18351 Filed 8–29–17; 8:45 am] Credit Available Elsewhere ... 2.500
Designation of Longer Period for Non-Profit Organizations With-
BILLING CODE 8011–01–P
out Credit Available Else-
Commission Action on Proposed Rule where ..................................... 2.500
Change To Amend the Listed Company For Economic Injury:
Manual To Adopt Initial and Continued SMALL BUSINESS ADMINISTRATION Businesses & Small Agricultural
Listing Standards for Subscription Cooperatives Without Credit
Receipts [Disaster Declaration #15259 and #15260; Available Elsewhere .............. 3.305
Oklahoma Disaster Number OK–00117] Non-Profit Organizations With-
August 24, 2017. out Credit Available Else-
On June 26, 2017, New York Stock Administrative Declaration of a where ..................................... 2.500
Exchange LLC (‘‘NYSE’’ or the Disaster for the State of Oklahoma
‘‘Exchange’’) filed with the Securities AGENCY: U.S. Small Business The number assigned to this disaster
and Exchange Commission Administration. for physical damage is 15259 C and for
(‘‘Commission’’), pursuant to Section ACTION: Notice. economic injury is 15260 0.
19(b)(1) of the Securities Exchange Act The State which received an EIDL
of 1934 (‘‘Act’’) 1 and Rule 19b–4 SUMMARY: This is a notice of an Declaration # is Oklahoma.
thereunder,2 a proposed rule change to Administrative declaration of a disaster (Catalog of Federal Domestic Assistance
amend the Listed Company Manual to for the State of Oklahoma dated August Number 59008)
adopt initial and continued listing 22, 2017.
standards for Subscription Receipts. The DATES: Issued on 08/22/2017. Dated: August 22, 2017.
proposed rule change was published for Physical Loan Application Deadline Linda E. McMahon,
comment in the Federal Register on July Date: 10/23/2017. Administrator.
13, 2017.3 The Commission received no Economic Injury (EIDL) Loan [FR Doc. 2017–18373 Filed 8–29–17; 8:45 am]
comments regarding the proposal. Application Deadline Date: 05/22/2018. BILLING CODE 8025–01–P
Section 19(b)(2) of the Act 4 provides ADDRESSES: Submit completed loan
that within 45 days of the publication of applications to: U.S. Small Business
notice of the filing of a proposed rule Administration, Processing and SMALL BUSINESS ADMINISTRATION
change, or within such longer period up Disbursement Center, 14925 Kingsport
to 90 days as the Commission may Road, Fort Worth, TX 76155. Disaster Declaration #15249 and
designate if it finds such longer period #15250; WISCONSIN Disaster Number
FOR FURTHER INFORMATION CONTACT: A.
mstockstill on DSK30JT082PROD with NOTICES
to be appropriate and publishes its WI–00060 Administrative Declaration
Escobar, Office of Disaster Assistance,
of a Disaster for the State of
U.S. Small Business Administration,
11 17 CFR 200.30–3(a)(12). WISCONSIN
1 15 U.S.C. 78s(b)(1). 409 3rd Street SW., Suite 6050,
2 17 CFR 240.19b–4. Washington, DC 20416, (202) 205–6734. AGENCY: U.S. Small Business
3 See Securities Exchange Act Release No. 81102 Administration.
(July 7, 2017), 82 FR 32413. 5 15 U.S.C. 78s(b)(2). ACTION: Notice.
4 15 U.S.C. 78s(b)(2). 6 17 CFR 200.30–3(a)(31).
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Document Created: 2017-08-30 04:08:53
Document Modified: 2017-08-30 04:08:53
| Category | Regulatory Information | |
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| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| FR Citation | 82 FR 41298 |
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