82 FR 50714 - Self-Regulatory Organizations; NASDAQ BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove References To Surrender Feature for Auto-Match Submissions in the Price Improvement Auction
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 210 (November 1, 2017)
Federal Register Volume 82, Issue 210 (November 1, 2017)
| Page Range | 50714-50716 | |
| FR Document | 2017-23734 |
[Federal Register Volume 82, Number 210 (Wednesday, November 1, 2017)] [Notices] [Pages 50714-50716] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-23734] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-81953; File No. SR-BX-2017-044] Self-Regulatory Organizations; NASDAQ BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove References To Surrender Feature for Auto-Match Submissions in the Price Improvement Auction October 26, 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 October 16, 2017, NASDAQ BX, Inc. (``BX'' or ``Exchange'') filed with the Securities and Exchange Commission (``SEC'' or ``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 modify BX rules at Chapter VI, Section 9, entitled ``Price Improvement Auction (``PRISM'')'' to correct an error. The text of the proposed rule change is available on the Exchange's Web site at http://nasdaqbx.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. [[Page 50715]] A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange filed a proposed rule change to establish a price improvement mechanism.\3\ By way of background, this price improvement mechanism or ``PRISM'' includes auto-match functionality in which a Participant (an ``Initiating Participant'') may electronically submit for execution an order it represents as agent on behalf of a Public Customer, Professional customer, broker dealer, or any other entity (``PRISM Order'') against principal interest or against any other order it represents as agent (an ``Initiating Order'') provided it submits the PRISM Order for electronic execution into the PRISM Auction (``Auction'') pursuant to the proposed Rule.\4\ To initiate the Auction, the Initiating Participant must mark the PRISM Order for Auction processing, and specify either: (a) A single price at which it seeks to execute the PRISM Order (a ``stop price''); (b) that it is willing to automatically match as principal or as agent on behalf of an Initiating Order the price and size of all PRISM Auction Notifications (``PAN'') responses, and trading interest (``auto-match'') in which case the PRISM Order will be stopped at the NBBO on the Initiating Order side; \5\ or (c) that it is willing to either: (i) Stop the entire order at a single stop price and auto-match PAN responses and trading interest at a price or prices that improve the stop price to a specified price (a ``No Worse Than'' or ``NWT'' price); (ii) stop the entire order at a single stop price and auto-match all PAN responses and trading interest at or better than the stop price; or (iii) stop the entire order at the NBBO on the Initiating Order side, and auto- match PAN responses and trading interest at a price or prices that improve the stop price up to the NWT price. In all cases, if the BX BBO on the same side of the market as the PRISM Order represents a limit order on the book, the stop price must be at least the Minimum Increment better than the booked limit order's limit price. --------------------------------------------------------------------------- \3\ See Securities Exchange Act Release No. 76301 (October 29, 2015), 80 FR 68347 (November 4, 2015) (SR-BX-2015-032). \4\ BX only conducts auctions for Simple Orders. Only one Auction may be conducted at a time in any given series. Once commenced, an Auction may not be cancelled. \5\ This is accomplished by marking the Initiating Order with a market (MKT) price. --------------------------------------------------------------------------- When starting an Auction, the Initiating Participant may submit the Initiating Order with a designation of ``surrender'' to other PRISM Participants (``Surrender''), which will result in the Initiating Participant forfeiting priority and trade allocation privileges. If Surrender is specified the Initiating Order will only trade if there is not enough interest available to fully execute the PRISM Order at prices which are equal to or improve upon the stop price.\6\ At the time the Exchange filed to permit Surrender within the BX PRISM auction,\7\ the rule text at Chapter VI, Section 9(ii)(A)(1) provided that, ``When starting an Auction, the Initiating Participant may submit the Initiating Order with a designation of ``surrender'' to the other PRISM Participants (``Surrender'') which will result in the Initiating Participant forfeiting the priority and trade allocation privileges which he is otherwise entitled to as per Section 9(ii)(E)(2)(a) and (b) and Section 9(ii)(F)(2)(a) and (b).'' Section 9(ii)(E)(2)(b) and Section 9(ii)(F)(2)(b) refer to the auto-match functionality. The Exchange has not offered Surrender with respect to auto-match. The Exchange does not believe that auto-match is suitable for Surrender. By definition the purpose of the auto-match feature is that the Initiating Participant is going to match all responses and seek a greater allocation. This language is at odds with the Surrender feature where the Initiating Participant is not seeking allocation. Depending on the option selected, the Initiating Participant may elect in the single stop option selection to give up the allocation priority, if Surrender is selected,\8\ or with the auto-match option the Initiating Participant will only be allocated the remainder in accordance with the allocation percentages in Section 9(ii)(E)(2)(b).\9\ This similarly applies to Section 9(ii)(F)(2)(b).\10\ --------------------------------------------------------------------------- \6\ Surrender is not applied if both the Initiating Order and PRISM Order are Public Customer Orders. \7\ See note 3 above. \8\ See Chapter VI, Section 9(ii)(E)(2)(a) and Section 9(ii)(F)(2)(a). \9\ See Chapter VI, Section 9(ii)(E)(2)(b), which states, ``If the Initiating Participant selected the auto-match option of the PRISM Auction the Initiating Participant shall be allocated an equal number of contracts as the aggregate size of all other quotes, orders and PAN responses at each price point until a price point is reached where the balance of the order can be fully executed, except that the Initiating Participant shall be entitled to receive up to 40% (multiple competing quotes, orders or PAN responses) or 50% (one competing quote, order or PAN response) of the contracts remaining at the final price point (including situations where the stop price is the final price) after Public Customer interest has been satisfied but before remaining interest. If there are other quotes, orders and PAN responses at the final price point the contracts will be allocated to such interest pursuant to Chapter VI, Section 9(ii)(E)(3) through (5) below. Any remaining contracts shall be allocated to the Initiating Participant.'' There is no reference to the Surrender provision in this paragraph similar to reference at Chapter VI, Section 9(ii)(E)(2)(a). \10\ See Chapter VI, Section 9(ii)(F)(2)(b), which states, ``If the Initiating Participant selected the auto-match option of the PRISM Auction the Initiating Participant shall be allocated an equal number of contracts as the aggregate size of all other quotes, orders and PAN responses at each price point until a price point is reached where the balance of the order can be fully executed, except that the Initiating Participant shall be entitled to receive up to 40% (multiple competing quotes, orders or PAN responses) or 50% (one competing quote, order or PAN response) of the contracts remaining at the final price point (including situations where the stop price is the final price), after Public Customer interest has been satisfied but before remaining interest. If there are other quotes, orders and PAN responses at the final price point the contracts will be allocated to such interest pursuant to Chapter VI, Section 9(ii)(F)(3) through (4) below. Any remaining contracts shall be allocated to the Initiating Participant.'' There is no reference to the Surrender provision in this paragraph similar to reference at Chapter VI, Section 9(ii)(F)(2)(a). --------------------------------------------------------------------------- The Exchange inadvertently included the references to Section 9(ii)(E)(2)(b) and Section 9(ii)(F)(2)(b) when discussing Surrender. Surrender only applies to the single stop price feature. The Exchange proposes to amend its rule text to update its rules to delete these references to make the rule text accurate. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act,\11\ in general, and furthers the objectives of Section 6(b)(5) of the Act,\12\ in particular, in that it is designed to promote just and equitable principles of trade, 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, by updating references in the PRISM rule which indicate Surrender applies to the auto-match feature. The Exchange inadvertently referenced the auto-match feature. The Surrender feature only applies to the single stop price feature. The Exchange does not believe that auto-match is suitable for Surrender. By definition the purpose of the auto-match feature is that the Initiating Participant is going to match all responses and seek a greater allocation. This language is at odds with the Surrender feature where the Initiating Participant is not seeking allocation. The Exchange believes that correcting the rule text to remove the references to auto-match will perfect the mechanism of a free and open market and a national market system, and, in [[Page 50716]] general to protect investors and the public interest, by updating these references to the BX PRISM rule. This amendment will correct the references within the BX PRISM rule to make clear the manner in which the auction operates. --------------------------------------------------------------------------- \11\ 15 U.S.C. 78f(b). \12\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- 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 Exchange inadvertently referenced the auto-match feature as applicable to Surrender provision. No BX Participant is able today to utilize the Surrender feature when selecting auto-match. This amendment will correct the references within the BX PRISM rule to make clear the manner in which the auction operates. 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 Because the foregoing proposed rule change does not: (i) Significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A)(iii) of the Act \13\ and subparagraph (f)(6) of Rule 19b-4 thereunder.\14\ --------------------------------------------------------------------------- \13\ 15 U.S.C. 78s(b)(3)(A)(iii). \14\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6) requires a self-regulatory organization to give the Commission written notice of its intent to file the proposed rule change at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. The Exchange has satisfied this requirement. --------------------------------------------------------------------------- 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-BX-2017-044 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-BX-2017-044. 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-BX-2017-044 and should be submitted on or before November 22, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\15\ --------------------------------------------------------------------------- \15\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-23734 Filed 10-31-17; 8:45 am] BILLING CODE 8011-01-P
![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.
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![50716 Federal Register / Vol. 82, No. 210 / Wednesday, November 1, 2017 / Notices
general to protect investors and the IV. Solicitation of Comments For the Commission, by the Division of
public interest, by updating these Trading and Markets, pursuant to delegated
references to the BX PRISM rule. This Interested persons are invited to authority.15
amendment will correct the references submit written data, views, and Eduardo A. Aleman,
within the BX PRISM rule to make clear arguments concerning the foregoing, Assistant Secretary.
the manner in which the auction including whether the proposed rule [FR Doc. 2017–23734 Filed 10–31–17; 8:45 am]
operates. change is consistent with the Act. BILLING CODE 8011–01–P
Comments may be submitted by any of
B. Self-Regulatory Organization’s
the following methods:
Statement on Burden on Competition SECURITIES AND EXCHANGE
The Exchange does not believe that Electronic Comments COMMISSION
the proposed rule change will impose • Use the Commission’s Internet [Release No. 34–81957; File No. SR–
any burden on competition not comment form (http://www.sec.gov/ BatsEDGA–2017–28]
necessary or appropriate in furtherance rules/sro.shtml); or
of the purposes of the Act. The Self-Regulatory Organizations; Bats
Exchange inadvertently referenced the • Send an email to rule-comments@ EDGA Exchange, Inc.; Notice of Filing
auto-match feature as applicable to sec.gov. Please include File Number SR– and Immediate Effectiveness of a
Surrender provision. No BX Participant BX–2017–044 on the subject line. Proposed Rule Change To Reflect in
is able today to utilize the Surrender Paper Comments the Exchange’s Governing Documents,
feature when selecting auto-match. This Rulebook and Fee Schedule, a Non-
amendment will correct the references • Send paper comments in triplicate Substantive Corporate Branding
within the BX PRISM rule to make clear to Brent J. Fields, Secretary, Securities Change, Including Changes to the
the manner in which the auction and Exchange Commission, 100 F Street Company’s Name, the Intermediate’s
operates. NE., Washington, DC 20549–1090. Name, and the Exchange’s Name
C. Self-Regulatory Organization’s All submissions should refer to File October 26, 2017.
Statement on Comments on the Number SR–BX–2017–044. This file Pursuant to Section 19(b)(1) of the
Proposed Rule Change Received From number should be included on the Securities Exchange Act of 1934 (the
Members, Participants, or Others subject line if email is used. To help the ‘‘Act’’),1 and Rule 19b–4 thereunder,2
No written comments were either Commission process and review your notice is hereby given that on October
solicited or received. comments more efficiently, please use 16, 2017, Bats EDGA Exchange, Inc. (the
only one method. The Commission will ‘‘Exchange’’ or ‘‘EDGA’’) filed with the
III. Date of Effectiveness of the Securities and Exchange Commission
Proposed Rule Change and Timing for post all comments on the Commission’s
Internet Web site (http://www.sec.gov/ (‘‘Commission’’) the proposed rule
Commission Action change as described in Items I and II
rules/sro.shtml). Copies of the
Because the foregoing proposed rule below, which Items have been prepared
submission, all subsequent
change does not: (i) Significantly affect by the Exchange. The Commission is
amendments, all written statements
the protection of investors or the public publishing this notice to solicit
with respect to the proposed rule
interest; (ii) impose any significant comments on the proposed rule change
change that are filed with the from interested persons.
burden on competition; and (iii) become
operative for 30 days from the date on Commission, and all written
communications relating to the I. Self-Regulatory Organization’s
which it was filed, or such shorter time Statement of the Terms of Substance of
as the Commission may designate, it has proposed rule change between the
Commission and any person, other than the Proposed Rule Change
become effective pursuant to Section
19(b)(3)(A)(iii) of the Act 13 and those that may be withheld from the The Exchange proposes a rule change
subparagraph (f)(6) of Rule 19b–4 public in accordance with the with respect to amendments of the
thereunder.14 provisions of 5 U.S.C. 552, will be Second Amended and Restated
At any time within 60 days of the available for Web site viewing and Certificate of Incorporation (the
filing of the proposed rule change, the printing in the Commission’s Public ‘‘Company’s Certificate’’) and Third
Commission summarily may Reference Room, 100 F Street NE., Amended and Restated Bylaws (the
temporarily suspend such rule change if Washington, DC 20549, on official ‘‘Company’s Bylaws’’) of its parent
it appears to the Commission that such business days between the hours of corporation, CBOE Holdings, Inc.
action is: (i) Necessary or appropriate in 10:00 a.m. and 3:00 p.m. Copies of the (‘‘CBOE Holdings’’ or the ‘‘Company’’)
the public interest; (ii) for the protection filing also will be available for to change the name of the Company to
of investors; or (iii) otherwise in inspection and copying at the principal Cboe Global Markets, Inc. With respect
furtherance of the purposes of the Act. office of the Exchange. All comments to CBOE V, LLC, an intermediate
If the Commission takes such action, the received will be posted without change. Holding Company of the Exchange (the
Commission shall institute proceedings ‘‘Intermediate’’), the Exchange proposes
Persons submitting comments are
to determine whether the proposed rule to amend the Certificate of Formation
cautioned that we do not redact or edit
should be approved or disapproved. and Limited Liability Company
personal identifying information from Operating Agreement of CBOE V, LLC
comment submissions. You should
sradovich on DSK3GMQ082PROD with NOTICES
13 15 U.S.C. 78s(b)(3)(A)(iii). (the ‘‘Operating Agreement’’), in
14 17
submit only information that you wish connection with a related name change
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give to make available publicly. All for the Intermediate. The Exchange also
the Commission written notice of its intent to file submissions should refer to File proposes to amend its Second Amended
the proposed rule change at least five business days Number SR–BX–2017–044 and should
prior to the date of filing of the proposed rule
change, or such shorter time as designated by the be submitted on or before November 22, 15 17 CFR 200.30–3(a)(12).
Commission. The Exchange has satisfied this 2017. 1 15 U.S.C. 78s(b)(1).
requirement. 2 17 CFR 240.19b–4.
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Document Created: 2017-11-01 02:02:48
Document Modified: 2017-11-01 02:02:48
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 82 FR 50714 |
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