82 FR 50711 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Reflect in the Exchange's Governing Documents, Rulebook and Fees Schedules, a Non-Substantive Corporate Branding Change, Including Changes to the Company's Name, the Intermediate's Name, and the Exchange's Name
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 210 (November 1, 2017)
Federal Register Volume 82, Issue 210 (November 1, 2017)
| Page Range | 50711-50714 | |
| FR Document | 2017-23738 |
[Federal Register Volume 82, Number 210 (Wednesday, November 1, 2017)] [Notices] [Pages 50711-50714] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-23738] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-81962; File No. SR-BatsBZX-2017-70] Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Reflect in the Exchange's Governing Documents, Rulebook and Fees Schedules, a Non-Substantive Corporate Branding Change, Including Changes to the Company's Name, the Intermediate's Name, and the Exchange's Name October 26, 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 October 16, 2017, Bats BZX Exchange, Inc. (the ``Exchange'' or ``BZX'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I and II 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 filed a proposed rule change with respect to amendments of the Second Amended and Restated Certificate of Incorporation (the ``Company's Certificate'') and Third Amended and Restated Bylaws (the '' Company's Bylaws'') of its parent corporation, CBOE Holdings, Inc. (``CBOE Holdings'' or the ``Company'') to change the name of the Company to Cboe Global Markets, Inc. With respect to CBOE V, LLC, an intermediate Holding Company of the Exchange (the ``Intermediate''), the Exchange proposes to amend the Certificate of Formation and Limited Liability Company Operating Agreement of CBOE V, LLC (the ``Operating Agreement''), in connection with a related name change for the Intermediate. The Exchange also proposes to amend its Amended and Restated Certificate of Incorporation (the ``Exchange Certificate''), Sixth Amended and Restated Bylaws of Bats BZX Exchange, Inc. (the ``Exchange Bylaws''), rulebook and fees schedules (collectively ``operative documents'') in connection with the name change of its parent Company, Intermediate, and the Exchange. [[Page 50712]] The text of the proposed rule change is also available on the Exchange's Web site (http://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx), at the Exchange's Office of the Secretary, 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 Statutory Basis for, the Proposed Rule Change 1. Purpose Background The purpose of this filing is to reflect in the Exchange's governing documents (and the governing documents of its parent company, CBOE Holdings) and the Exchange's rulebook and fees schedules, a non- substantive corporate branding change, including changes to the Company's name, the Intermediate's name, and the Exchange's name. Particularly, references to Company's, Intermediate's and Exchange's names will be deleted and revised to state the new names, as described more fully below. No other substantive changes are being proposed in this filing. The Exchange represents that these changes are concerned solely with the administration of the Exchange and do not affect the meaning, administration, or enforcement of any rules of the Exchange or the rights, obligations, or privileges of Exchange members or their associated persons is any way. Accordingly, this filing is being submitted under Rule 19b-4(f)(3). In lieu of providing a copy of the marked name changes, the Exchange represents that it will make the necessary non-substantive revisions described below to the Exchange's corporate governance documents, rulebook, and fees schedules, and post updated versions of each on the Exchange's Web site pursuant to Rule 19b-4(m)(2). The Company's Name Change In connection with the corporate name change of its parent company, the Exchange is proposing to amend the Company's Certificate and Bylaws. Specifically, the Company is changing its name from ``CBOE Holdings, Inc.'' to ``Cboe Global Markets, Inc.''. (a) Company's Certificate The Exchange proposes to (i) delete the following language from Paragraph (1) of the introductory paragraph: ``The name of the Corporation is CBOE Holdings, Inc.'' and (ii) amend Article First of the Company's Certificate to reflect the new name, ``Cboe Global Markets, Inc.'' The Exchange also proposes to add clarifying language and cite to the applicable provisions of the General Corporation Law of the State of Delaware in connection with the proposed name change. The Exchange notes that it is not amending the Company's name in the title or signature line as the name changes will not be effective until the Company, as currently named, files the proposed changes in Delaware. Thereafter, the Exchange will amend the Certificate to reflect the new name in the title and signature line. The Exchange also notes that although the name of ``Chicago Board Options Exchange, Incorporated'' is changing to ``Cboe Exchange Inc.'', it is not amending the name of Chicago Board Options Exchange, Incorporated (``CBOE'') referenced in Article Fifth(a)(iii) at this time. Particularly, the Exchange notes that unlike the exception applicable to proposed changes to the Company's name,\3\ a vote of stockholders is required to adopt an amendment to the reference of CBOE's name. As such, the Exchange will submit a rule filing to amend the Certificate to reflect the new CBOE name at such time it is ready to obtain stockholder approval. --------------------------------------------------------------------------- \3\ See Section 242(b) of the General Corporation Law of the State of Delaware. --------------------------------------------------------------------------- (b) Company's Bylaws With respect to the Company's Bylaws, references to ``CBOE Holdings, Inc.'' will be deleted and revised to state ``Cboe Global Markets, Inc.'' The Exchange also proposes to eliminate the reference to ``Chicago Board Options Exchange, Incorporated'' in Article 10, Section 10.2. Particularly, Section 10.2 provides that ``for so long as the Corporation shall control, directly or indirectly, any national securities exchange, including, but not limited to Chicago Board Options Exchange, Incorporated (a ``Regulated Securities Exchange Subsidiary''), before any amendment, alteration or repeal of any provision of the Bylaws shall be effective, such amendment, alteration or repeal shall be submitted to the board of directors of each Regulated Securities Exchange Subsidiary, and if such amendment, alteration or repeal must be filed with or filed with and approved by the Securities and Exchange Commission, then such amendment, alteration or repeal shall not become effective until filed with or filed with and approved by the Securities and Exchange Commission, as the case may be.'' As the Company currently controls a number of Regulated Securities Exchange Subsidiaries, it does not believe it is necessary to explicitly reference only Chicago Board Options Exchange, Incorporated and therefore proposes to delete the following language: ``including, but not limited to Chicago Board Options Exchange, Incorporated''. The Intermediate's Name Change For purposes of consistency, certain of the Parent's subsidiaries have also undertaken to change their legal names. As a result, the Exchange also proposes to change the name of the Intermediate from ``CBOE V, LLC'' to ``Cboe Bats, LLC.'' (a) Certificate of Formation As it relates to the Certificate of Formation of CBOE V, LLC, references to ``CBOE V, LLC'' will be deleted and revised to state its new name ``Cboe Bats, LLC''. The Exchange also proposes to add clarifying and conforming language in order to conform to, as well as cite to, the applicable provisions of the General Corporation Law of the State of Delaware in connection with the proposed name change. The Exchange notes to conform with the revised language in the introductory paragraph, it also proposes to amend references to ``LLC'' to ``limited liability company''. The Exchange also notes that it is not amending the Intermediate's name in the title or signature line as the name changes will not be effective until the Intermediate, as currently named, files the proposed changes in Delaware.\4\ Thereafter, the Exchange will amend the Certificate of Formation to reflect the new name in the title and signature line. --------------------------------------------------------------------------- \4\ The Exchange notes that the current signature block of the Certificate of Formation references ``CBOE Holdings, Inc.'' instead of ``CBOE V, LLC''. The Exchange proposes to correct that reference and refer to ``CBOE V, LLC'', which as noted, will be changed to ``Cboe Bats, LLC'' at a later date. --------------------------------------------------------------------------- (b) Operating Agreement As it relates to the Operating Agreement of the Intermediate, [[Page 50713]] references to ``CBOE V, LLC'' will be deleted and revised to state its new name ``Cboe Bats, LLC'' and references to ``CBOE Holdings, Inc.'' will be deleted and revised to state ``Cboe Global Markets, Inc.''. The Exchange also proposes to add clarifying and conforming language in connection with the proposed name change, including new Section 12.5 (``Effect of Amendment''), which provides that the ``Agreement amends, restates and supersedes the Original Agreement in all respects. From and after the date hereof, this Agreement shall be the limited liability company operating agreement of the Company for all purposes.'' The Exchange's Name Change For purposes of consistency, certain of the Parent's subsidiaries have also undertaken to change their legal names. As a result, the Exchange also proposes to change its name from ``Bats BZX Exchange, Inc.'' to ``Cboe BZX Exchange, Inc.'' throughout its rules, fees schedules and corporate documents. Additionally, the Exchange notes that its affiliated exchanges Bats BYX Exchange, Inc., Bats EDGX Exchange, Inc., Bats EDGA Exchange, Inc., Chicago Board Options Exchange, Incorporated and C2 Options Exchange, Incorporated (collectively the ``affiliates'') have also proposed name changes to Cboe BYX Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe Exchange, Inc. and Cboe C2 Exchange, Inc., respectively. Lastly, the Exchange is changing the name of ``Bats Trading, Inc.'' to ``Cboe Trading, Inc.'' Therefore, the Exchange proposes to amend its: (i) Amended and Restated Certificate of Incorporation of Bats BZX Exchange, Inc., (ii) Sixth Amended and Restated Bylaws of Bats BZX Exchange, Inc., (iii) Rulebook and (iv) Exchange Fee Schedules (collectively, the ``Operative Documents'') to reflect the name changes. (a) Exchange's Certificate The Exchange proposes to (i) delete the following language from the introductory paragraph: ``The name of the Corporation is Bats BZX Exchange, Inc.'' and (ii) amend Article First of the Exchange's Certificate to reflect the new name, ``Cboe BZX Exchange, Inc.''. The Exchange also proposes to add clarifying language and cite to the applicable provisions of the General Corporation Law of the State of Delaware in connection with the proposed name change. The Exchange notes that it is not amending the Exchange's name in the title or signature line as the name changes will not be effective until the Exchange, as currently named, files the proposed changes in Delaware. Thereafter, the Exchange will amend the Certificate to reflect the new name in the title and signature line. (b) Exchange's Bylaws For the Exchange's Bylaws, all references to ``Bats BZX Exchange, Inc.'' will be deleted and revised to state ``Cboe BZX Exchange, Inc.''. (c) Exchange's Rulebook For the Rules of Bats BZX Exchange, Inc., all references to ``Bats BZX Exchange, Inc.'' and ``Bats BZX Exchange'' will be deleted and revised to state ``Cboe BZX Exchange, Inc.'' and ``Cboe BZX Exchange'', respectively. All references to ``Bats BZX Options'' will be deleted and revised to state ``Cboe BZX Options''. Additionally, the Exchange's affiliates are also filing similar rule filings to change their names, as noted above. As such, all references to ``Bats BYX Exchange, Inc.'', ``Bats EDGA Exchange, Inc.'', ``Bats EDGX Exchange, Inc.'', ``C2 Options Exchange, Inc.'' and ``Chicago Board Options Exchange'' \5\ in the BZX's rules will likewise be deleted and revised to state ``Cboe BYX Exchange, Inc.'', Cboe EDGA Exchange, Inc.'' and ``Cboe EDGX Exchange, Inc.'', ``Cboe C2 Exchange, Inc.'' and ``Cboe Exchange, Inc.'', respectively. The Exchange notes that references to ``CBOE'' will be deleted and revised to state ``Cboe Options''. The Exchange notes that references to ``Bats Exchange'' will be deleted and revised to state ``Cboe Bats Exchange''. Additionally, all references to ``CBOE Holdings, Inc.'' will be deleted and revised to state ``Cboe Global Markets, Inc.'' --------------------------------------------------------------------------- \5\ The Exchange notes that the BZX rules refer to ``C2 Options Exchange, Incorporated'' and ``Chicago Board Options Exchange, Incorporated'' as ``C2 Options Exchange, Inc.'' and ``Chicago Board Options Exchange''. See Rules 2.3, 18.7, 18.9, 28.3, 29.5, and 29.7. --------------------------------------------------------------------------- The Exchange will also delete references to ``Bats Trading, Inc.'' and ``Bats Trading'' and replace it with references to ``Cboe Trading, Inc.'' and ``Cboe Trading'', respectively. References to ``Bats One Feed'' will be deleted and revised to state ``Cboe One Feed'', all references to ``Bats Connect'' will be deleted and revised to state ``Cboe Connect'', all references to ``CBOE Volatility Index (VIX)'' will be deleted and revised to state ``Cboe Volatility Index (VIX)'', all references to ``CBOE S&P 500 BuyWrite Index(sm)'' will be deleted and revised to state ``Cboe S&P 500 BuyWrite Index(sm)'', all references to ``CBOE DJIA Buy Write Index(sm)'' will be deleted and revised to state ``Cboe DJIA Buy Write Index(sm)'', all references to ``CBOE Nasdaq-100 BuyWrite Index(sm)'' will be deleted and revised to state ``Cboe Nasdaq-100 BuyWrite Index(sm)'', and all references to ``CBOE Livevol, LLC'' will be deleted and revised to state ``Cboe Livevol, LLC''. (d) Exchange's Fees Schedule For the BZX Equities Fee Schedule, any reference to ``Bats BZX Exchange'' will be deleted and revised to state ``Cboe BZX Exchange'', ``Bats-listed'' will be deleted and revised to state ``Cboe listed''. Additionally, all references to ``Bats One'' will be deleted and revised to state ``Cboe One'' and all references to ``Bats Connect'' will be deleted and revised to state ``Cboe Connect''. (e) BZX Options Fee Schedule For the BZX Options Fee Schedule, all references to ``Bats BZX Options Exchange'' will be deleted and revised to state ``Cboe BZX Options Exchange'', all references to ``CBOE'' will be deleted and revised to state ``Cboe Options'' and lastly, all references to ``Bats Connect'' will be deleted and revised to state ``Cboe Connect''. 2. Statutory Basis The Exchange believes the proposed rule change is consistent with the Securities Exchange Act of 1934 (the ``Act'') and the rules and regulations thereunder applicable to the Exchange and, in particular, the requirements of Section 6(b) of the Act.\6\ Specifically, the Exchange believes the proposed rule change is consistent with the Section 6(b)(5) \7\ requirements that the rules of an exchange be designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in regulating, clearing, settling, processing information with respect to, and facilitating transactions in securities, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \6\ 15 U.S.C. 78f(b). \7\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- In particular, the proposed change is a non-substantive change and does not impact the governance, ownership or operations of the Exchange. The Exchange believes that by ensuring that its parent company's governance documents and the Exchange's [[Page 50714]] operative documents accurately reflect the new legal names, the proposed rule change would reduce potential investor or market participant confusion. 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 that is not necessary or appropriate in furtherance of the purposes of the Act. The proposed rule change is not intended to address competitive issues but rather is concerned solely with updating the Company's and Exchange's governance and operative documents to reflect the abovementioned name changes. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange neither solicited nor received comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Pursuant to Section 19(b)(3)(A) of the Act \8\ and Rule 19b-4(f)(3) thereunder,\9\ the Exchange has designated this proposal as one that is concerned solely with the administration of the self-regulatory organization, and therefore has become effective. --------------------------------------------------------------------------- \8\ 15 U.S.C. 78s(b)(3)(A). \9\ 17 CFR 240.19b-4(f)(3). --------------------------------------------------------------------------- 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. If the Commission takes such action, the Commission will institute proceedings to determine whether the proposed rule change 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-BatsBZX-2017-70 on the subject line. Paper Comments Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-BatsBZX-2017-70. 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 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. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-BatsBZX-2017-70 and should be submitted on or before November 22, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\10\ --------------------------------------------------------------------------- \10\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-23738 Filed 10-31-17; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 82, No. 210 / Wednesday, November 1, 2017 / Notices 50711
Clearing Member in a different manner Paper Comments SECURITIES AND EXCHANGE
than it were to close-out the open COMMISSION
positions of another Clearing Member, • Send paper comments in triplicate
such differences result from the risks to Secretary, Securities and Exchange [Release No. 34–81962; File No. SR–
posed to OCC by each Clearing Commission, 100 F Street NE., BatsBZX–2017–70]
Member’s respective positions. Washington, DC 20549–1090.
Moreover, the treatment of customer Self-Regulatory Organizations; Bats
All submissions should refer to File BZX Exchange, Inc.; Notice of Filing
versus proprietary positions in a default Number SR–OCC–2017–010. This file
scenario are not specifically addressed and Immediate Effectiveness of a
number should be included on the Proposed Rule Change To Reflect in
in the DM Policy, which as noted sets
subject line if email is used. To help the the Exchange’s Governing Documents,
forth a general framework for managing
Commission process and review your Rulebook and Fees Schedules, a Non-
defaults, but rather in OCC’s existing
By-Laws and Rules. Further, the comments more efficiently, please use Substantive Corporate Branding
proposed rule change would not affect only one method. The Commission will Change, Including Changes to the
Clearing Members’ access to OCC’s post all comments on the Commission’s Company’s Name, the Intermediate’s
services or impose any direct burdens Internet Web site (http://www.sec.gov/ Name, and the Exchange’s Name
on Clearing Members. rules/sro.shtml). Copies of the
October 26, 2017.
For the foregoing reasons, OCC submission, all subsequent
Pursuant to Section 19(b)(1) of the
believes that the proposed rule change amendments, all written statements
Securities Exchange Act of 1934 (the
is in the public interest, would be with respect to the proposed rule
‘‘Act’’),1 and Rule 19b–4 thereunder,2
consistent with the requirements of the change that are filed with the notice is hereby given that on October
Act applicable to clearing agencies, and Commission, and all written 16, 2017, Bats BZX Exchange, Inc. (the
would not impact or impose a burden communications relating to the ‘‘Exchange’’ or ‘‘BZX’’) filed with the
on competition. proposed rule change between the Securities and Exchange Commission
(C) Clearing Agency’s Statement on Commission and any person, other than (‘‘Commission’’) the proposed rule
Comments on the Proposed Rule those that may be withheld from the change as described in Items I and II
Change Received From Members, public in accordance with the below, which Items have been prepared
Participants or Others provisions of 5 U.S.C. 552, will be by the Exchange. The Commission is
available for Web site viewing and publishing this notice to solicit
Written comments on the proposed printing in the Commission’s Public comments on the proposed rule change
rule change were not and are not
Reference Room, 100 F Street NE., from interested persons.
intended to be solicited with respect to
Washington, DC 20549, on official
the proposed rule change and none have I. Self-Regulatory Organization’s
been received. business days between the hours of Statement of the Terms of Substance of
10:00 a.m. and 3:00 p.m. Copies of such the Proposed Rule Change
III. Date of Effectiveness of the filing also will be available for
Proposed Rule Change and Timing for inspection and copying at the principal The Exchange filed a proposed rule
Commission Action office of OCC and on OCC’s Web site at change with respect to amendments of
Within 45 days of the date of http://www.theocc.com/components/ the Second Amended and Restated
publication of this notice in the Federal docs/legal/rules_and_bylaws/sr_occ_17_ Certificate of Incorporation (the
Register or within such longer period ‘‘Company’s Certificate’’) and Third
010.pdf.
up to 90 days (i) as the Commission may Amended and Restated Bylaws (the ’’
All comments received will be posted Company’s Bylaws’’) of its parent
designate if it finds such longer period without change. Persons submitting
to be appropriate and publishes its corporation, CBOE Holdings, Inc.
comments are cautioned that the (‘‘CBOE Holdings’’ or the ‘‘Company’’)
reasons for so finding or (ii) as to which Commission does not redact or edit
the self-regulatory organization to change the name of the Company to
personal identifying information from Cboe Global Markets, Inc. With respect
consents, the Commission will:
(A) By order approve or disapprove comment submissions. You should to CBOE V, LLC, an intermediate
the proposed rule change, or submit only information that you wish Holding Company of the Exchange (the
(B) institute proceedings to determine to make available publicly. ‘‘Intermediate’’), the Exchange proposes
whether the proposed rule change All submissions should refer to File to amend the Certificate of Formation
should be disapproved. Number SR–OCC–2017–010 and should and Limited Liability Company
Operating Agreement of CBOE V, LLC
IV. Solicitation of Comments be submitted on or before November 22,
(the ‘‘Operating Agreement’’), in
2017.
Interested persons are invited to connection with a related name change
submit written data, views and For the Commission, by the Division of for the Intermediate. The Exchange also
arguments concerning the foregoing, Trading and Markets, pursuant to delegated proposes to amend its Amended and
including whether the proposed rule Authority.34 Restated Certificate of Incorporation (the
change is consistent with the Act. Eduardo A. Aleman, ‘‘Exchange Certificate’’), Sixth Amended
Comments may be submitted by any of Assistant Secretary. and Restated Bylaws of Bats BZX
the following methods: [FR Doc. 2017–23735 Filed 10–31–17; 8:45 am] Exchange, Inc. (the ‘‘Exchange
Bylaws’’), rulebook and fees schedules
sradovich on DSK3GMQ082PROD with NOTICES
Electronic Comments BILLING CODE 8011–01–P
(collectively ‘‘operative documents’’) in
• Use the Commission’s Internet connection with the name change of its
comment form (http://www.sec.gov/ parent Company, Intermediate, and the
rules/sro.shtml); or Exchange.
• Send an email to rule-comments@
sec.gov. Please include File Number SR– 1 15 U.S.C. 78s(b)(1).
OCC–2017–010 on the subject line. 34 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4.
VerDate Sep<11>2014 18:16 Oct 31, 2017 Jkt 244001 PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 E:\FR\FM\01NON1.SGM 01NON1](https://thefederalregister.org/doc/82_FR_50921/page/1.svg)
![50714 Federal Register / Vol. 82, No. 210 / Wednesday, November 1, 2017 / Notices
operative documents accurately reflect • Send an email to rule-comments@ SECURITIES AND EXCHANGE
the new legal names, the proposed rule sec.gov. Please include File Number SR– COMMISSION
change would reduce potential investor BatsBZX–2017–70 on the subject line.
or market participant confusion. [Release No. 34–81953; File No. SR–BX–
Paper Comments
B. Self-Regulatory Organization’s 2017–044]
Statement on Burden on Competition • Send paper comments in triplicate
to Brent J. Fields, Secretary, Securities Self-Regulatory Organizations;
The Exchange does not believe that and Exchange Commission, 100 F Street NASDAQ BX, Inc.; Notice of Filing and
the proposed rule change will impose Immediate Effectiveness of Proposed
NE., Washington, DC 20549–1090.
any burden on competition that is not Rule Change to Remove References To
necessary or appropriate in furtherance All submissions should refer to File Surrender Feature for Auto-Match
of the purposes of the Act. The Number SR–BatsBZX–2017–70. This file Submissions in the Price Improvement
proposed rule change is not intended to number should be included on the Auction
address competitive issues but rather is subject line if email is used. To help the
concerned solely with updating the Commission process and review your October 26, 2017.
Company’s and Exchange’s governance comments more efficiently, please use
and operative documents to reflect the Pursuant to Section 19(b)(1) of the
only one method. The Commission will Securities Exchange Act of 1934
abovementioned name changes. post all comments on the Commission’s (‘‘Act’’),1 and Rule 19b–4 thereunder,2
C. Self-Regulatory Organization’s Internet Web site (http://www.sec.gov/ notice is hereby given that on October
Statement on Comments on the rules/sro.shtml). Copies of the 16, 2017, NASDAQ BX, Inc. (‘‘BX’’ or
Proposed Rule Change Received From submission, all subsequent ‘‘Exchange’’) filed with the Securities
Members, Participants, or Others amendments, all written statements and Exchange Commission (‘‘SEC’’ or
with respect to the proposed rule ‘‘Commission’’) the proposed rule
The Exchange neither solicited nor
change that are filed with the change as described in Items I, II, and
received comments on the proposed
Commission, and all written III, below, which Items have been
rule change.
communications relating to the prepared by the Exchange. The
III. Date of Effectiveness of the proposed rule change between the Commission is publishing this notice to
Proposed Rule Change and Timing for Commission and any person, other than solicit comments on the proposed rule
Commission Action those that may be withheld from the change from interested persons.
Pursuant to Section 19(b)(3)(A) of the public in accordance with the
Act 8 and Rule 19b–4(f)(3) thereunder,9 provisions of 5 U.S.C. 552, will be I. Self-Regulatory Organization’s
the Exchange has designated this available for Web site viewing and Statement of the Terms of Substance of
proposal as one that is concerned solely printing in the Commission’s Public the Proposed Rule Change
with the administration of the self- Reference Room, 100 F Street NE.,
The Exchange proposes to modify BX
regulatory organization, and therefore Washington, DC 20549, on official
rules at Chapter VI, Section 9, entitled
has become effective. business days between the hours of
‘‘Price Improvement Auction
At any time within 60 days of the 10:00 a.m. and 3:00 p.m. Copies of the
(‘‘PRISM’’)’’ to correct an error.
filing of the proposed rule change, the filing also will be available for
Commission summarily may inspection and copying at the principal The text of the proposed rule change
temporarily suspend such rule change if office of the Exchange. All comments is available on the Exchange’s Web site
it appears to the Commission that such received will be posted without change. at http://nasdaqbx.cchwallstreet.com/,
action is necessary or appropriate in the Persons submitting comments are at the principal office of the Exchange,
public interest, for the protection of cautioned that we do not redact or edit and at the Commission’s Public
investors, or otherwise in furtherance of personal identifying information from Reference Room.
the purposes of the Act. If the comment submissions. You should II. Self-Regulatory Organization’s
Commission takes such action, the submit only information that you wish
Commission will institute proceedings Statement of the Purpose of, and
to make available publicly. All Statutory Basis for, the Proposed Rule
to determine whether the proposed rule submissions should refer to File
change should be approved or Change
Number SR–BatsBZX–2017–70 and
disapproved. should be submitted on or before In its filing with the Commission, the
IV. Solicitation of Comments November 22, 2017. Exchange included statements
For the Commission, by the Division of concerning the purpose of and basis for
Interested persons are invited to
Trading and Markets, pursuant to delegated the proposed rule change and discussed
submit written data, views, and
authority.10 any comments it received on the
arguments concerning the foregoing,
including whether the proposed rule Eduardo A. Aleman, proposed rule change. The text of these
change is consistent with the Act. statements may be examined at the
Assistant Secretary.
Comments may be submitted by any of places specified in Item IV below. The
[FR Doc. 2017–23738 Filed 10–31–17; 8:45 am]
the following methods: Exchange has prepared summaries, set
BILLING CODE 8011–01–P
forth in sections A, B, and C below, of
sradovich on DSK3GMQ082PROD with NOTICES
Electronic Comments the most significant aspects of such
• Use the Commission’s Internet statements.
comment form (http://www.sec.gov/
rules/sro.shtml); or
8 15 1 15 U.S.C. 78s(b)(1).
U.S.C. 78s(b)(3)(A).
9 17 CFR 240.19b–4(f)(3). 10 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4.
VerDate Sep<11>2014 18:16 Oct 31, 2017 Jkt 244001 PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 E:\FR\FM\01NON1.SGM 01NON1](https://thefederalregister.org/doc/82_FR_50921/page/4.svg)
Document Created: 2017-11-01 02:02:45
Document Modified: 2017-11-01 02:02:45
| 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 50711 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR