82 FR 44018 - Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule on the BOX Market LLC (“BOX”) Options Facility
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 181 (September 20, 2017)
Federal Register Volume 82, Issue 181 (September 20, 2017)
| Page Range | 44018-44020 | |
| FR Document | 2017-19967 |
[Federal Register Volume 82, Number 181 (Wednesday, September 20, 2017)] [Notices] [Pages 44018-44020] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-19967] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-81615; File No. SR-BOX-2017-30] Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule on the BOX Market LLC (``BOX'') Options Facility September 14, 2017. 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 September 1, 2017, BOX Options Exchange LLC (the ``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 Exchange filed the proposed rule change pursuant to Section 19(b)(3)(A)(ii) of the Act,\3\ and Rule 19b-4(f)(2) thereunder,\4\ which renders the proposal 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). --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of the Substance of the Proposed Rule Change The Exchange is filing with the Securities and Exchange Commission (``Commission'') a proposed rule change to amend the Fee Schedule on the BOX Market LLC (``BOX'') options facility. The text of the proposed rule change is available from the principal office of the Exchange, at the Commission's Public Reference Room and also on the Exchange's Internet Web site at http://boxexchange.com. 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 Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend the Fee Schedule for trading on BOX. Specifically, the Exchange proposes to (1) amend the BOX Volume Rebate (``BVR'') in Section I.B.2; (2) modify the fees and rebate for Qualified Contingent Cross \5\ (``QCC'') Transactions in Section I.D.; and (3) make a clarifying change to in [sic] a footnote regarding the definition of ``Broker Dealer facilitating a Public Customer'' in Section II (Manual Transactions). --------------------------------------------------------------------------- \5\ A QCC Order is an originating order (Agency Order) to buy or sell at least 1,000 standard option contracts, or 10,000 mini-option contracts, that is identified as being part of a qualified contingent trade, coupled with a contra side order to buy or sell an equal number of contracts. --------------------------------------------------------------------------- BVR First, the Exchange proposes to adjust a rebate within the BVR. Under the BVR, the Exchange offers a tiered per contract rebate for all Public Customer PIP Orders and COPIP Orders of 100 and under contracts that do not trade solely with their contra order. Percentage thresholds are calculated on a monthly basis by totaling the Participant's PIP and COPIP volume submitted to BOX, relative to the total national Customer volume in multiply-listed options classes. The Exchange proposes to raise the rebate for COPIP Orders in Tier 4 from $0.06 to $0.08. The Exchange notes that is it not proposing any changes to the percentage thresholds within the BVR. The quantity submitted will continue to be calculated on a monthly basis by totaling the Participant's PIP and COPIP volume submitted to BOX, relative to the total national Customer volume in multiply-listed options classes. The Exchange also proposes to amend the BVR to remove the flat $0.03 rebate for those Public Customer COPIP Orders of 100 and under contracts that trade solely with their contra order. Public Customer PIP Orders of 100 and under contracts that trade solely with their contra order will continue to receive a $0.03 rebate per contract, regardless of tier. QCC Transactions The Exchange then proposes to amend the QCC Transaction fees and rebate. Specifically, the Exchange proposes to decrease the fees for all non-Public Customer (Professional Customers, Broker Dealers and Market Makers) QCC Orders from $0.20 to $0.17 per contract side.\6\ In addition, the Exchange proposes to decrease the QCC Rebate from $0.15 to $0.14 per contract. --------------------------------------------------------------------------- \6\ The Exchange notes that no changes will be made to Public Customer QCC Order fees. --------------------------------------------------------------------------- Manual Transaction Fees Finally, the Exchange also proposes to amend the footnote that defines a ``Broker Dealer facilitating a Public Customer'' in Section II (Manual Transactions) to clarify that the ``Broker Dealer facilitating a Public Customer'' account type and applicable fees will be applied, regardless of if the Broker Dealer clears in the customer range, or clears as a Broker Dealer. To do this, the Exchange proposes to amend the [[Page 44019]] definition to state that a ``Broker Dealer facilitating a Public Customer'' applies to any Manual transaction executed using the open outcry process involving Broker Dealer that has a Public Customer of that same Broker Dealer on the contra side of the transaction, or where the Broker Dealer and the Public Customer both clear through the same clearing firm and the Broker Dealer clears in the customer range. The additional language is intended to eliminate any potential for investor confusion with regard to the definition of ``Broker Dealer facilitating a Public Customer.'' A Broker Dealer who facilitates a Public Customer QOO Order for submission to the BOX Trading Floor will be eligible for this account type and applicable fee of $0.00, regardless of if the Broker Dealer cleared solely as a Broker Dealer or a Broker Dealer/ Customer. The Exchange notes that clarifying language is substantially similar with the language at another exchange with an open outcry trading floor.\7\ --------------------------------------------------------------------------- \7\ See NYSE Arca, Inc (``Arca'') Fee Schedule. The Exchange notes, however, that Arca's similar language includes reference to ``Firm Facilitation.'' Because BOX does not use or define the term ``Firm'' within the Fee Schedule and instead uses the term Broker Dealer. BOX does not intend to include ``Firm Facilitation'' within this definition. --------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes that the proposal is consistent with the requirements of Section 6(b) of the Act, in general, and Section 6(b)(4) and 6(b)(5)of the Act,\8\ in particular, in that it provides for the equitable allocation of reasonable dues, fees, and other charges among BOX Participants and other persons using its facilities and does not unfairly discriminate between customers, issuers, brokers or dealers. --------------------------------------------------------------------------- \8\ 15 U.S.C. 78f(b)(4) and (5). --------------------------------------------------------------------------- BVR The Exchange believes the proposed amendments to the BVR in Section I.B.2 of the BOX Fee Schedule are reasonable, equitable and not unfairly discriminatory. The BVR was adopted to attract Public Customer order flow to the Exchange by offering these Participants incentives to submit their Public Customer PIP and COPIP Orders to the Exchange and the Exchange believes it is appropriate to now amend the BVR. The Exchange believes it is equitable and not unfairly discriminatory to amend the COPIP Rebate in Tier 4 of the BVR, as all Participants have the ability to qualify for a rebate, and rebates are provided equally to qualifying Participants. Other exchanges employ similar incentive programs; \9\ and the Exchange believes that the proposed rebate change is reasonable and competitive when compared to rebate for the PIP in Tier 4 of the BVR and the rebates on other exchanges. --------------------------------------------------------------------------- \9\ See Section B of the PHLX Pricing Schedule entitled ``Customer Rebate Program;'' ISE Gemini's Qualifying Tier Thresholds (page 6 of the ISE Gemini Fee Schedule); and CBOE's Volume Incentive Program (VIP). --------------------------------------------------------------------------- The Exchange believes it is reasonable, equitable and not unfairly discriminatory to no longer apply a flat $0.03 rebate to Public Customer COPIP Orders that trade solely with their contra order. As stated above, the BVR is intended to incentivize Participants to direct Customer order flow to the Exchange, and the Exchange believes unlike Public Customer PIP Orders, an incentive is not necessary for internalized Public Customer COPIP Orders that only trade against their contra order. The Exchange believes it is equitable and not unfairly discriminatory as all internalized Public Customer COPIP Orders will no longer receive a rebate. Additionally, other Exchanges also make this distinction when providing rebates for transactions in their complex order auction mechanisms.\10\ --------------------------------------------------------------------------- \10\ See the International Securities Exchange (``ISE'') Fee Schedule, Complex Order Fees and Rebates on page 9. Under the ISE Fee Schedule the initiator receives a ``break-up'' rebate only for contracts that are submitted to their auction mechanism that do not trade with their contra order. --------------------------------------------------------------------------- QCC The Exchange believes that the proposed amendments to the QCC Order fees are reasonable, as they are in line with the amount assessed at another Exchange for similar transactions.\11\ Further, the Exchange believes that charging Professional Customers and Broker Dealers and Market Makers more than Public Customers for QCC Orders is reasonable, equitable and not unfairly discriminatory. The securities markets generally, and BOX in particular, have historically aimed to improve markets for investors and develop various features within the market structure for Public Customer benefit. The Exchange believes that continuing to charge no fees to Public Customers in QCC transactions is reasonable and, ultimately, will benefit all Participants trading on the Exchange by attracting Public Customer order flow. --------------------------------------------------------------------------- \11\ See CBOE Fee Schedule. CBOE charges non-Public Customers $0.17 per contract and does not charge Public Customers. --------------------------------------------------------------------------- The Exchange believes the proposed QCC Rebate for the originating side of the QCC transaction is reasonable, as it is in line with other competing exchanges that also provide a rebate on the originating side of a QCC Order.\12\ The Exchange believes the proposed rebate is equitable and not unfairly discriminatory because it potentially applies to all Participants that enter the originating order (except for when both the agency order and contra-side orders are Public Customers) and because it is intended to incentivize the sending of more QCC Orders to the Exchange. The Exchange believes it is reasonable, equitable and not unfairly discriminatory to not provide a rebate for the originating order for QCC transactions when both the originating order and contra side orders are from Public Customers, since Public Customers are already incentivized by having no transaction fee for QCC Orders. --------------------------------------------------------------------------- \12\ CBOE and the Miami International Securities Exchange LLX (``MIAX'') offer a $0.10 per contract credit or rebate paid on the initiating side of the QCC transaction. --------------------------------------------------------------------------- Manual Transactions Lastly, the Exchange believes that amending the language with regard to the definition of ``Broker Dealer facilitating a Public Customer'' is reasonable, equitable and not unfairly discriminatory, as it intended to clarify that a ``Broker Dealer facilitating a Public Customer'' applies to any Manual transaction executed using the open outcry process involving a Broker Dealer that has a Public Customer of that same Broker Dealer on the contra side of the transaction, or where the Broker Dealer and the Public Customer both clear through the same clearing firm and the Broker Dealer clears in the customer range. The wording of the previous definition unintentionally restricted the definition of ``Broker Dealer facilitating a Public Customer'' to those Broker Dealers clearing in the customer range. The Exchange is now proposing to clarify that the account type will apply regardless of how the Broker Dealer clears. The Exchange believes the proposed change is reasonable as it is substantially similar to the definition ``Broker Dealer facilitating a Public Customer'' account type found on another exchange with an open outcry trading floor.\13\ Further, the Exchange believes the proposed language is equitable and not unfairly discriminatory as it seeks to clarify that ``Broker Dealer facilitating a Public Customer'' does not only apply to Broker Dealers who clear in the customer range. --------------------------------------------------------------------------- \13\ See supra note 7. --------------------------------------------------------------------------- [[Page 44020]] 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. The proposed rule change amends the BVR to raise a rebate and no longer apply a rebate when the COPIP Order only trades with its contra order. The Exchange does not believe that the proposed changes burden competition and will instead help promote competition by providing additional incentives for market participants to submit customer order flow to BOX and thus, create a greater opportunity for retail customers to receive additional price improvement. The Exchange believes this proposal will not cause unnecessary burden on intermarket competition because the proposed changes will actually enhance the competiveness of the Exchange relative to other exchanges which offer comparable fees and rebates for QCC transactions. To the extent that the proposed changes make the Exchange a more attractive marketplace for market participants at other exchanges, such market participants are welcome to become market participants on the Exchange. 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 Exchange Act \14\ and Rule 19b-4(f)(2) thereunder,\15\ because it establishes or changes a due, or fee. --------------------------------------------------------------------------- \14\ 15 U.S.C. 78s(b)(3)(A)(ii). \15\ 17 CFR 240.19b-4(f)(2). --------------------------------------------------------------------------- At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend the rule change if it appears to the Commission that the action is necessary or appropriate in the public interest, for the protection of investors, or would otherwise further 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-BOX-2017-30 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-BOX-2017-30. 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-BOX-2017-30, and should be submitted on or before October 11, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\16\ --------------------------------------------------------------------------- \16\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-19967 Filed 9-19-17; 8:45 am] BILLING CODE 8011-01-P
![44018 Federal Register / Vol. 82, No. 181 / Wednesday, September 20, 2017 / Notices
All submissions should refer to File September 1, 2017, BOX Options I.D.; and (3) make a clarifying change to
Number SR–NYSE–2017–47. This file Exchange LLC (the ‘‘Exchange’’) filed in [sic] a footnote regarding the
number should be included on the with the Securities and Exchange definition of ‘‘Broker Dealer facilitating
subject line if email is used. To help the Commission (‘‘Commission’’) the a Public Customer’’ in Section II
Commission process and review your proposed rule change as described in (Manual Transactions).
comments more efficiently, please use Items I, II, and III below, which Items
only one method. The Commission will have been prepared by the Exchange. BVR
post all comments on the Commission’s The Exchange filed the proposed rule First, the Exchange proposes to adjust
Internet Web site (http://www.sec.gov/ change pursuant to Section a rebate within the BVR. Under the
rules/sro.shtml). Copies of the 19(b)(3)(A)(ii) of the Act,3 and Rule BVR, the Exchange offers a tiered per
submission, all subsequent 19b–4(f)(2) thereunder,4 which renders contract rebate for all Public Customer
amendments, all written statements the proposal effective upon filing with PIP Orders and COPIP Orders of 100
with respect to the proposed rule the Commission. The Commission is and under contracts that do not trade
change that are filed with the publishing this notice to solicit solely with their contra order.
Commission, and all written comments on the proposed rule change Percentage thresholds are calculated on
communications relating to the from interested persons. a monthly basis by totaling the
proposed rule change between the Participant’s PIP and COPIP volume
I. Self-Regulatory Organization’s
Commission and any person, other than submitted to BOX, relative to the total
Statement of the Terms of the Substance
those that may be withheld from the national Customer volume in multiply-
of the Proposed Rule Change
public in accordance with the listed options classes. The Exchange
provisions of 5 U.S.C. 552, will be The Exchange is filing with the proposes to raise the rebate for COPIP
available for Web site viewing and Securities and Exchange Commission Orders in Tier 4 from $0.06 to $0.08.
printing in the Commission’s Public (‘‘Commission’’) a proposed rule change The Exchange notes that is it not
Reference Room, 100 F Street NE., to amend the Fee Schedule on the BOX proposing any changes to the percentage
Washington, DC 20549 on official Market LLC (‘‘BOX’’) options facility. thresholds within the BVR. The quantity
business days between the hours of The text of the proposed rule change is submitted will continue to be calculated
10:00 a.m. and 3:00 p.m. Copies of the available from the principal office of the on a monthly basis by totaling the
filing also will be available for Exchange, at the Commission’s Public Participant’s PIP and COPIP volume
inspection and copying at the principal Reference Room and also on the submitted to BOX, relative to the total
office of the Exchange. All comments Exchange’s Internet Web site at http:// national Customer volume in multiply-
received will be posted without change; boxexchange.com. listed options classes.
the Commission does not edit personal II. Self-Regulatory Organization’s The Exchange also proposes to amend
identifying information from Statement of the Purpose of, and the BVR to remove the flat $0.03 rebate
submissions. You should submit only Statutory Basis for, the Proposed Rule for those Public Customer COPIP Orders
information that you wish to make Change of 100 and under contracts that trade
available publicly. All submissions solely with their contra order. Public
should refer to File Number SR–NYSE– In its filing with the Commission, the
Customer PIP Orders of 100 and under
2017–47 and should be submitted on or Exchange included statements
contracts that trade solely with their
before October 11, 2017. concerning the purpose of and basis for
contra order will continue to receive a
the proposed rule change and discussed
For the Commission, by the Division of $0.03 rebate per contract, regardless of
any comments it received on the
Trading and Markets, pursuant to delegated tier.
authority.15
proposed rule change. The text of these
statements may be examined at the QCC Transactions
Eduardo A. Aleman,
places specified in Item IV below. The The Exchange then proposes to
Assistant Secretary. Exchange has prepared summaries, set
[FR Doc. 2017–19964 Filed 9–19–17; 8:45 am] amend the QCC Transaction fees and
forth in Sections A, B, and C below, of rebate. Specifically, the Exchange
BILLING CODE 8011–01–P the most significant aspects of such proposes to decrease the fees for all non-
statements. Public Customer (Professional
SECURITIES AND EXCHANGE A. Self-Regulatory Organization’s Customers, Broker Dealers and Market
COMMISSION Statement of the Purpose of, and Makers) QCC Orders from $0.20 to $0.17
Statutory Basis for, the Proposed Rule per contract side.6 In addition, the
[Release No. 34–81615; File No. SR–BOX– Exchange proposes to decrease the QCC
Change
2017–30]
Rebate from $0.15 to $0.14 per contract.
1. Purpose
Self-Regulatory Organizations; BOX Manual Transaction Fees
Options Exchange LLC; Notice of The Exchange proposes to amend the
Filing and Immediate Effectiveness of Fee Schedule for trading on BOX. Finally, the Exchange also proposes to
a Proposed Rule Change To Amend Specifically, the Exchange proposes to amend the footnote that defines a
the Fee Schedule on the BOX Market (1) amend the BOX Volume Rebate ‘‘Broker Dealer facilitating a Public
LLC (‘‘BOX’’) Options Facility (‘‘BVR’’) in Section I.B.2; (2) modify the Customer’’ in Section II (Manual
fees and rebate for Qualified Contingent Transactions) to clarify that the ‘‘Broker
September 14, 2017. Cross 5 (‘‘QCC’’) Transactions in Section Dealer facilitating a Public Customer’’
sradovich on DSKBBY8HB2PROD with NOTICES
Pursuant to Section 19(b)(1) of the account type and applicable fees will be
Securities Exchange Act of 1934 (the 3 15 U.S.C. 78s(b)(3)(A)(ii). applied, regardless of if the Broker
4 17 CFR 240.19b–4(f)(2).
‘‘Act’’),1 and Rule 19b–4 thereunder,2 Dealer clears in the customer range, or
5 A QCC Order is an originating order (Agency
notice is hereby given that on clears as a Broker Dealer. To do this, the
Order) to buy or sell at least 1,000 standard option
contracts, or 10,000 mini-option contracts, that is Exchange proposes to amend the
15 17 CFR 200.30–3(a)(12). identified as being part of a qualified contingent
1 15 U.S.C. 78s(b)(1). trade, coupled with a contra side order to buy or 6 The Exchange notes that no changes will be
2 17 CFR 240.19b–4. sell an equal number of contracts. made to Public Customer QCC Order fees.
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![44020 Federal Register / Vol. 82, No. 181 / Wednesday, September 20, 2017 / Notices
B. Self-Regulatory Organization’s IV. Solicitation of Comments For the Commission, by the Division of
Statement on Burden on Competition Trading and Markets, pursuant to delegated
Interested persons are invited to authority.16
The Exchange does not believe that submit written data, views, and Eduardo A. Aleman,
the proposed rule change will impose arguments concerning the foregoing, Assistant Secretary.
any burden on competition not including whether the proposed rule [FR Doc. 2017–19967 Filed 9–19–17; 8:45 am]
necessary or appropriate in furtherance change is consistent with the Act. BILLING CODE 8011–01–P
of the purposes of the Act. The Comments may be submitted by any of
proposed rule change amends the BVR the following methods:
to raise a rebate and no longer apply a
rebate when the COPIP Order only Electronic Comments SMALL BUSINESS ADMINISTRATION
trades with its contra order. The
Exchange does not believe that the • Use the Commission’s Internet
proposed changes burden competition comment form (http://www.sec.gov/ [Disaster Declaration #15291 and #15292;
rules/sro.shtml); or TEXAS Disaster Number TX–00488]
and will instead help promote
competition by providing additional • Send an email to rule-comments@ Presidential Declaration Amendment of
incentives for market participants to sec.gov. Please include File Number SR– a Major Disaster for Public Assistance
submit customer order flow to BOX and BOX–2017–30 on the subject line. Only for the State of Texas
thus, create a greater opportunity for
retail customers to receive additional Paper Comments AGENCY: U.S. Small Business
price improvement. Administration.
• Send paper comments in triplicate
The Exchange believes this proposal to Secretary, Securities and Exchange ACTION: Amendment 1.
will not cause unnecessary burden on Commission, 100 F Street NE.,
intermarket competition because the SUMMARY: This is an amendment of the
Washington, DC 20549–1090. Presidential declaration of a major
proposed changes will actually enhance
the competiveness of the Exchange All submissions should refer to File disaster for Public Assistance Only for
relative to other exchanges which offer Number SR–BOX–2017–30. This file the State of Texas (FEMA–4332–DR),
comparable fees and rebates for QCC number should be included on the dated 09/04/2017.
transactions. To the extent that the subject line if email is used. To help the Incident: Hurricane Harvey.
proposed changes make the Exchange a Commission process and review your Incident Period: 08/23/2017 and
more attractive marketplace for market comments more efficiently, please use continuing.
participants at other exchanges, such only one method. The Commission will DATES: Issued on 09/12/2017.
market participants are welcome to post all comments on the Commission’s Physical Loan Application Deadline
become market participants on the Internet Web site (http://www.sec.gov/ Date: 11/03/2017.
Exchange. rules/sro.shtml). Copies of the Economic Injury (EIDL) Loan
C. Self-Regulatory Organization’s submission, all subsequent Application Deadline Date: 06/04/2018.
Statement on Comments on the amendments, all written statements ADDRESSES: Submit completed loan
Proposed Rule Change Received From with respect to the proposed rule applications to: U.S. Small Business
Members, Participants, or Others change that are filed with the Administration, Processing and
Commission, and all written Disbursement Center, 14925 Kingsport
No written comments were either communications relating to the Road, Fort Worth, TX 76155.
solicited or received. proposed rule change between the FOR FURTHER INFORMATION CONTACT:
III. Date of Effectiveness of the Commission and any person, other than A. Escobar, Office of Disaster
Proposed Rule Change and Timing for those that may be withheld from the Assistance, U.S. Small Business
Commission Action public in accordance with the Administration, 409 3rd Street SW.,
provisions of 5 U.S.C. 552, will be Suite 6050, Washington, DC 20416,
The foregoing rule change has become (202) 205–6734.
available for Web site viewing and
effective pursuant to Section
19(b)(3)(A)(ii) of the Exchange Act 14 printing in the Commission’s Public SUPPLEMENTARY INFORMATION: The notice
and Rule 19b–4(f)(2) thereunder,15 Reference Room, 100 F Street NE., of the President’s major disaster
because it establishes or changes a due, Washington, DC 20549 on official declaration for Private Non-Profit
or fee. business days between the hours of organizations in the State of Texas,
10:00 a.m. and 3:00 p.m. Copies of such dated 09/04/2017, is hereby amended to
At any time within 60 days of the include the following areas as adversely
filing of the proposed rule change, the filing also will be available for
inspection and copying at the principal affected by the disaster.
Commission summarily may
temporarily suspend the rule change if office of the Exchange. All comments Primary Counties: Bee, Refugio
it appears to the Commission that the received will be posted without change; All other information in the original
action is necessary or appropriate in the the Commission does not edit personal declaration remains unchanged.
public interest, for the protection of identifying information from
(Catalog of Federal Domestic Assistance
investors, or would otherwise further submissions. You should submit only Number 59008)
the purposes of the Act. If the information that you wish to make
sradovich on DSKBBY8HB2PROD with NOTICES
Commission takes such action, the available publicly. All submissions James E. Rivera,
Commission shall institute proceedings should refer to File Number SR–BOX– Associate Administrator for Disaster
to determine whether the proposed rule 2017–30, and should be submitted on or Assistance.
should be approved or disapproved. before October 11, 2017. [FR Doc. 2017–19970 Filed 9–19–17; 8:45 am]
BILLING CODE 8025–01–P
14 15 U.S.C. 78s(b)(3)(A)(ii).
15 17 CFR 240.19b–4(f)(2). 16 17 CFR 200.30–3(a)(12).
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Document Created: 2018-10-24 14:21:08
Document Modified: 2018-10-24 14:21:08
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| FR Citation | 82 FR 44018 |
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