82_FR_53769 82 FR 53549 - Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Bats BZX Exchange, Inc.; Bats EDGA Exchange, Inc.; Bats EDGX Exchange, Inc.; BOX Options Exchange LLC; C2 Options Exchange, Incorporated; Chicago Board Options Exchange, Incorporated; Chicago Stock Exchange, Inc.; Financial Industry Regulatory Authority, Inc.; Investors Exchange LLC; Miami International Securities Exchange, LLC; MIAX PEARL LLC; Nasdaq BX, Inc.; Nasdaq GEMX, LLC; Nasdaq ISE, LLC; Nasdaq MRX, LLC; Nasdaq PHLX LLC; The Nasdaq Stock Market LLC; New York Stock Exchange LLC; NYSE Arca, Inc. and NYSE MKT LLC; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes To Establish Fees for Industry Members To Fund the Consolidated Audit Trail

82 FR 53549 - Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Bats BZX Exchange, Inc.; Bats EDGA Exchange, Inc.; Bats EDGX Exchange, Inc.; BOX Options Exchange LLC; C2 Options Exchange, Incorporated; Chicago Board Options Exchange, Incorporated; Chicago Stock Exchange, Inc.; Financial Industry Regulatory Authority, Inc.; Investors Exchange LLC; Miami International Securities Exchange, LLC; MIAX PEARL LLC; Nasdaq BX, Inc.; Nasdaq GEMX, LLC; Nasdaq ISE, LLC; Nasdaq MRX, LLC; Nasdaq PHLX LLC; The Nasdaq Stock Market LLC; New York Stock Exchange LLC; NYSE Arca, Inc. and NYSE MKT LLC; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes To Establish Fees for Industry Members To Fund the Consolidated Audit Trail

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 220 (November 16, 2017)

Page Range53549-53551
FR Document2017-24781

Federal Register, Volume 82 Issue 220 (Thursday, November 16, 2017) 
[Federal Register Volume 82, Number 220 (Thursday, November 16, 2017)]
[Notices]
[Pages 53549-53551]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-24781]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82049; File Nos. SR-BatsBYX-2017-11; SR-BatsBZX-2017-
38; SR-BatsEDGA-2017-13; SR-BatsEDGX-2017-22; SR-BOX-2017-16; SR-BX-
2017-023; SR-C2-2017-017; SR-CBOE-2017-040; SR-CHX-2017-08; SR-FINRA-
2017-011; SR-GEMX-2017-17; SR-IEX-2017-16; SR-ISE-2017-45; SR-MIAX-
2017-18; SR-MRX-2017-04; SR-NASDAQ-2017-046; SR-NYSE-2017-22; SR-
NYSEArca-2017-52; SR-NYSEMKT-2017-26; SR-PEARL-2017-20; SR-PHLX-2017-
37]


Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Bats BZX 
Exchange, Inc.; Bats EDGA Exchange, Inc.; Bats EDGX Exchange, Inc.; BOX 
Options Exchange LLC; C2 Options Exchange, Incorporated; Chicago Board 
Options Exchange, Incorporated; Chicago Stock Exchange, Inc.; Financial 
Industry Regulatory Authority, Inc.; Investors Exchange LLC; Miami 
International Securities Exchange, LLC; MIAX PEARL LLC; Nasdaq BX, 
Inc.; Nasdaq GEMX, LLC; Nasdaq ISE, LLC; Nasdaq MRX, LLC; Nasdaq PHLX 
LLC; The Nasdaq Stock Market LLC; New York Stock Exchange LLC; NYSE 
Arca, Inc. and NYSE MKT LLC; Notice of Designation of Longer Period for 
Commission Action on Proceedings To Determine Whether To Approve or 
Disapprove Proposed Rule Changes To Establish Fees for Industry Members 
To Fund the Consolidated Audit Trail

November 9, 2017.

    On May 1, 2017,\1\ May 2, 2017,\2\ May 3, 2017,\3\ May 8, 2017,\4\ 
May 9, 2017,\5\ May 10, 2017,\6\ May 12, 2017,\7\ May 15, 2017,\8\ May 
16, 2017,\9\ and May 23, 2017,\10\ Bats BYX Exchange, Inc. (``Bats 
BYX'') (n/k/a Cboe BYX Exchange, Inc.),\11\ Bats BZX Exchange, Inc. 
(``Bats BZX'') (n/k/a Cboe BZX Exchange, Inc.),\12\ Bats EDGA Exchange, 
Inc. (``Bats EDGA'') (n/k/a Cboe EDGA Exchange, Inc.),\13\ Bats EDGX 
Exchange, Inc. (``Bats EDGX'') (n/k/a Cboe EDGX Exchange, Inc.),\14\ 
BOX Options Exchange LLC (``BOX''), C2 Options Exchange, Incorporated 
(``C2'') (n/k/a Cboe C2 Options Exchange, Inc.),\15\ Chicago Board 
Options Exchange, Incorporated (``CBOE'') (n/k/a Cboe Exchange, 
Inc.),\16\ Chicago Stock Exchange, Inc. (``CHX''), Financial Industry 
Regulatory Authority, Inc. (``FINRA''), Investors Exchange LLC 
(``IEX''), Nasdaq ISE, LLC (``ISE''), Miami International Securities 
Exchange, LLC (``MIAX''), MIAX PEARL, LLC (``PEARL''), Nasdaq BX, Inc. 
(``BX''), Nasdaq GEMX, LLC (``GEMX''), Nasdaq MRX, LLC (``MRX''), 
Nasdaq PHLX LLC (``Phlx''), The Nasdaq Stock Market LLC (``Nasdaq''), 
New York Stock Exchange LLC (``NYSE''), NYSE Arca, Inc. (``NYSE Arca'') 
and NYSE MKT LLC (``NYSE

[[Page 53550]]

MKT'') (n/k/a NYSE American LLC) \17\ (collectively, the 
``Participants'') filed with the Securities and Exchange Commission 
(the ``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'') \18\ and Rule 19b-4 thereunder,\19\ 
proposed rule changes to adopt fees to be charged to Industry Members 
to fund the consolidated audit trail (``CAT'').\20\ The proposed rule 
changes were immediately effective upon filing with the Commission 
pursuant to Section 19(b)(3)(A) of the Act.\21\ The proposed rule 
changes submitted by MIAX and PEARL were published for comment in the 
Federal Register on May 19, 2017.\22\ The proposed rule changes 
submitted by BX, CHX, IEX, Nasdaq, NYSE, NYSE Arca and NYSE MKT were 
published for comment in the Federal Register on May 22, 2017.\23\ The 
proposed rule change submitted by FINRA was published for comment in 
the Federal Register on May 23, 2017.\24\ The proposed rule changes 
submitted by BOX, GEMX, ISE, MRX and Phlx were published for comment in 
the Federal Register on May 24, 2017.\25\ The proposed rule changes 
submitted by C2, CBOE and Bats EDGA were published for comment in the 
Federal Register on June 1, 2017.\26\ The proposed rule change 
submitted by Bats BYX was published for comment in the Federal Register 
on June 5, 2017.\27\ The proposed rule changes submitted by Bats BZX 
and Bats EDGX were published for comment in the Federal Register on 
June 6, 2017.\28\ The Commission received seven comment letters on the 
proposed rule change,\29\ and a response to comments from the 
Participants.\30\ On June 30, 2017, the Commission temporarily 
suspended and initiated proceedings to determine whether to approve or 
disapprove the proposed rule changes.\31\ The Commission thereafter 
received seven comment letters,\32\ and a response to comments from the 
Participants.\33\ NYSE, NYSE Arca and NYSE MKT filed Amendment No. 1 to 
their proposed rule changes on October 25, 2017. IEX filed Amendment 
No. 1 to its proposed rule change on October 31, 2017. On November 3, 
2017, Bats BYX, Bats BZX, Bats EDGA, Bats EDGX, CBOE and C2 filed 
Amendment No. 1 to their proposed rule changes. Nasdaq, BX, Phlx, ISE, 
MRX, and GEMX filed Amendment No. 1 to their proposed rule changes on 
November 6, 2017. On November 7, 2017, BOX, MIAX and PEARL filed 
Amendment No. 1 to their proposed rule changes.
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    \1\ Miami International Securities Exchange, LLC and MIAX PEARL 
LLC filed their proposed rule changes on May 1, 2017.
    \2\ The Nasdaq Stock Market LLC and Nasdaq BX, Inc. filed their 
proposed rule changes on May 2, 2017.
    \3\ Chicago Stock Exchange, Inc. filed its proposed rule change 
on May 3, 2017.
    \4\ Financial Industry Regulatory Authority, Inc. filed its 
proposed rule change on May 8, 2017.
    \5\ Investors Exchange LLC originally filed its proposed rule 
change on May 3, 2017 under File No. SR-IEX-2017-13, and 
subsequently withdrew that filing and filed a proposed rule change 
on May 9, 2017.
    \6\ The New York Stock Exchange LLC, NYSE Arca, Inc. and NYSE 
MKT LLC filed their proposed rule changes on May 10, 2017.
    \7\ Nasdaq GEMX LLC, Nasdaq ISE, LLC, Nasdaq MRX, LLC and Nasdaq 
PHLX LLC originally filed their proposed rule changes on May 3, 2017 
under File Nos. SR-GEMX-2017-11, SR-ISE-2017-40, SR-MRX-2017-03, and 
SR-PHLX-2017-35, and subsequently withdrew those filings and filed 
proposed rule changes on May 12, 2017.
    \8\ BOX Options Exchange LLC originally filed its proposed rule 
change on May 11, 2017 under File No. SR-BOX-2017-15, and 
subsequently withdrew that filing and filed a proposed rule change 
on May 15, 2017.
    \9\ Bats BYX Exchange, Inc., C2 Options Exchange, Incorporated 
and Chicago Board Options Exchange, Incorporated filed their 
proposed rule changes on May 16, 2017. Bats EDGA Exchange, Inc. 
originally filed its proposed rule change on May 5, 2017 under File 
No. SR-BatsEDGA-2017-11, and subsequently withdrew that filing on 
May 11, 2017 and filed a proposed rule change on May 16, 2017.
    \10\ Bats BZX Exchange, Inc. filed its proposed rule changes on 
May 23, 2017. Bats EDGX Exchange, Inc. originally filed its proposed 
rule change on May 5, 2017 under File No. SR-BatsEDGX-2017-20, and 
subsequently withdrew that filing on May 10, 2017 and filed a 
proposed rule change on May 23, 2017.
    \11\ See Securities Exchange Act Release No. 81952 (October 26, 
2017), 82 FR 50725 (November 1, 2017). The name change was not yet 
effective when Bats BYX filed SR-BatsBYX-2017-11.
    \12\ See Securities Exchange Act Release No. 81962 (October 26, 
2017), 82 FR 50711 (November 1, 2017). The name change was not yet 
effective when Bats BZX filed SR-BatsBZX-2017-38.
    \13\ See Securities Exchange Act Release No. 81957 (October 26, 
2017), 82 FR 50716 (November 1, 2017). The name change was not yet 
effective when Bats EDGA filed SR-BatsEDGA-2017-13.
    \14\ See Securities Exchange Act Release No. 81963 (October 26, 
2017), 82 FR 50697 (November 1, 2017). The name change was not yet 
effective when Bats EDGX filed SR-BatsEDGX-2017-22.
    \15\ See Securities Exchange Act Release No. 81979 (October 30, 
2017), 82 FR 51317 (November 3, 2017). The name change was not yet 
effective when C2 filed SR-C2-2017-017.
    \16\ See Securities Exchange Act Release No. 81981 (October 30, 
2017), 82 FR 51309 (November 3, 2017). The name change was not yet 
effective when CBOE filed SR-CBOE-2017-040.
    \17\ See Securities Exchange Act Release No. 80283 (March 21, 
2017), 82 FR 15244 (March 27, 2017). The name change was not yet 
effective when NYSE MKT filed SR-NYSEMKT-2017-26.
    \18\ 15 U.S.C. 78s(b)(1).
    \19\ 17 CFR 240.19b-4.
    \20\ See infra notes 22-28. The National Market System Plan 
Governing the Consolidated Audit Trail (``CAT NMS Plan'') was 
published for comment in the Federal Register on May 17, 2016, and 
approved by the Commission, as modified, on November 15, 2016. See 
Securities Exchange Act Release Nos. 77724 (April 27, 2016), 81 FR 
30614 (May 17, 2016) (``CAT NMS Plan Notice''); 79318 (November 15, 
2016), 81 FR 84696 (November 23, 2016) (``CAT NMS Plan Approval 
Order'').
    \21\ 15 U.S.C. 78s(b)(3)(A). A proposed rule change may take 
effect upon filing with the Commission if it is designated by the 
exchange as ``establishing or changing a due, fee, or other charge 
imposed by the self-regulatory organization on any person, whether 
or not the person is a member of the self-regulatory organization.'' 
15 U.S.C. 78s(b)(3)(A)(ii).
    \22\ See Securities Exchange Act Release Nos. 80675 (May 15, 
2017), 82 FR 23100 (May 19, 2017) (SR-MIAX-2017-18); and 80676 (May 
15, 2017), 82 FR 23083 (May 19, 2017) (SR-PEARL-2017-20).
    \23\ See Securities Exchange Act Release Nos. 80697 (May 16, 
2017), 82 FR 23398 (May 22, 2017) (SR-BX-2017-023); 80691 (May 16, 
2017), 82 FR 23344 (May 22, 2017) (SR-CHX-2017-08); 80692 (May 16, 
2017), 82 FR 23325 (May 22, 2017) (SR-IEX-2017-16); 80696 (May 16, 
2017), 82 FR 23439 (May 22, 2017) (SR-NASDAQ-2017-046); 80693 (May 
16, 2017), 82 FR 23363 (May 22, 2017) (SR-NYSE-2017-22); 80698 (May 
16, 2017), 82 FR 23457 (May 22, 2017) (SR-NYSEArca-2017-52); and 
80694 (May 16, 2017), 82 FR 23416 (May 22, 2017) (SR-NYSEMKT-2017-
26).
    \24\ See Securities Exchange Act Release No. 80710 (May 17, 
2017), 82 FR 23639 (May 23, 2017) (SR-FINRA-2017-011).
    \25\ See Securities Exchange Act Release Nos. 80721 (May 18, 
2017), 82 FR 23864 (May 24, 2017) (SR-BOX-2017-16); 80713 (May 18, 
2017), 82 FR 23956 (May 24, 2017) (SR-GEMX-2017-17); 80715 (May 18, 
2017), 82 FR 23895 (May 24, 2017) (SR-ISE-2017-45); 80726 (May 18, 
2017), 82 FR 23915 (May 24, 2017) (SR-MRX-2017-04); and 80725 (May 
18, 2017), 82 FR 23935 (May 24, 2017) (SR-PHLX-2017-37).
    \26\ See Securities Exchange Act Release Nos. 80786 (May 26, 
2017), 82 FR 25474 (June 1, 2017) (SR-C2-2017-017); 80785 (May 26, 
2017), 82 FR 25404 (June 1, 2017) (SR-CBOE-2017-040); and 80784 (May 
26, 2017), 82 FR 25448 (June 1, 2017) (SR-BatsEDGA-2017-13).
    \27\ See Securities Exchange Act Release No. 80809 (May 30, 
2017), 82 FR 25837 (June 5, 2017) (SR-BatsBYX-2017-11).
    \28\ See Securities Exchange Act Release Nos. 80822 (May 31, 
2017), 82 FR 26148 (June 6, 2017) (SR-BatsBZX-2017-38); and 80821 
(May 31, 2017), 82 FR 26177 (June 6, 2017) (SR-BatsEDGX-2017-22).
    \29\ Since the Participants' proposed rule changes to adopt fees 
to be charged to Industry Members to fund the consolidated audit 
trail are substantively identical, the Commission is considering all 
comments received on the proposed rule changes regardless of the 
comment file to which they were submitted. See Letter from Theodore 
R. Lazo, Managing Director and Associate General Counsel, Securities 
Industry and Financial Markets Association, to Brent J. Fields, 
Secretary, Commission (dated June 6, 2017), available at: https://www.sec.gov/comments/sr-batsbzx-2017-38/batsbzx201738-1788188-153228.pdf; Letter from Patricia L. Cerny and Steven O'Malley, 
Compliance Consultants, to Brent J. Fields, Secretary, Commission 
(dated June 12, 2017), available at: https://www.sec.gov/comments/sr-cboe-2017-040/cboe2017040-1799253-153675.pdf; Letter from Daniel 
Zinn, General Counsel, OTC Markets Group Inc., to Eduardo A. Aleman, 
Assistant Secretary, Commission (dated June 13, 2017), available at: 
https://www.sec.gov/comments/sr-finra-2017-011/finra2017011-1801717-153703.pdf; Letter from Joanna Mallers, Secretary, FIA Principal 
Traders Group, to Brent J. Fields, Secretary, Commission (dated June 
22, 2017), available at: https://www.sec.gov/comments/sr-cboe-2017-040/cboe2017040-1819670-154195.pdf; Letter from Stuart J. Kaswell, 
Executive Vice President and Managing Director, General Counsel, 
Managed Funds Association, to Brent J. Fields, Secretary, Commission 
(dated June 23, 2017), available at: https://www.sec.gov/comments/sr-finra-2017-011/finra2017011-1822454-154283.pdf; and Letter from 
Suzanne H. Shatto, Investor, to Commission (dated June 27, 2017), 
available at: https:/www.sec.gov/comments/sr-batsedgx-2017-22/batsedgx201722-154443.pdf. The Commission also received a comment 
letter which is not pertinent to these proposed rule changes. See 
Letter from Christina Crouch, Smart Ltd., to Brent J. Fields, 
Secretary, Commission (dated June 5, 2017), available at: htps://
www.sec.gov/comments/sr-batsbzx-2017-38/batsbzx201738-1785545-153152.htm.
    \30\ See Letter from CAT NMS Plan Participants to Brent J. 
Fields, Secretary, Commission (dated June 29, 2017), available at: 
https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-1832632-154584.pdf.
    \31\ See Securities Exchange Act Release No. 81067 (June 30, 
2017), 82 FR 31656 (July 7, 2017).
    \32\ See Letter from W. Hardy Callcott, Partner, Sidley Austin 
LLP, to Brent J. Fields, Secretary, Commission (dated July 27, 
2017), available at: https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2148338-157737.pdf; Letter from Kevin Coleman, 
General Counsel and Chief Compliance Officer, Belvedere Trading LLC, 
to Brent J. Fields, Secretary, Commission (dated July 28, 2017), 
available at: https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2148360-157740.pdf; Letter from Joanna Mallers, 
Secretary, FIA Principal Traders Group, to Brent J. Fields, 
Secretary, Commission (dated July 28, 2017), available at: https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2151228-157745.pdf; Letter from Theodore R. Lazo, Managing Director and 
Associate General Counsel, SIFMA, to Brent J. Fields, Secretary, 
Commission (dated July 28, 2017), available at: https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2150977-157744.pdf; Letter 
from Stuart J. Kaswell, Executive Vice President and Managing 
Director, General Counsel, Managed Funds Association, to Brent J. 
Fields, Secretary, Commission (dated July 28, 2017), available at: 
https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2150818-157743.pdf; Letter from John Kinahan, Chief Executive 
Officer, Group One Trading, L.P., to Brent J. Fields, Secretary, 
Commission (dated August 10, 2017), available at: https://www.sec.gov/comments/sr-finra-2017-011/finra2017011-2214568-160619.pdf; Letter from Joseph Molluso, Executive Vice President and 
CFO, Virtu Financial, to Brent J. Fields, Commission (dated August 
18, 2017), available at: https://www.sec.gov/comments/sr-finra-2017-011/finra2017011-2238648-160830.pdf.
    \33\ See Letter from Michael Simon, Chair, CAT NMS Plan 
Operating Committee, to Brent J. Fields, Commission, Secretary 
(dated November 2, 2017), available at https://www.sec.gov/comments/sr-batsbyx-2017-11/batsbyx201711-2674608-161412.pdf.
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    Section 19(b)(2) of the Act \34\ provides that, after instituting 
proceedings, the Commission shall issue an order approving or 
disapproving a proposed rule change not later than 180 days after the 
date of publication of notice of filing

[[Page 53551]]

of the proposed rule change.\35\ The Commission may, however, extend 
the period for issuing an order approving or disapproving the proposed 
rule change by not more than 60 days if the Commission determines that 
a longer period is appropriate and publishes the reasons for such 
determination.\36\ The 180th day for the proposed rule changes 
published in the Federal Register on May 19, 2017,\37\ is November 15, 
2017. The 180th day for the proposed rule changes published in the 
Federal Register on May 22, 2017,\38\ is November 18, 2017. The 180th 
day for the proposed rule change published in the Federal Register on 
May 23, 2017,\39\ is November 19, 2017. The 180th day for the proposed 
rule changes published in the Federal Register on May 24, 2017,\40\ is 
November 20, 2017. The 180th day for the proposed rule changes 
published in the Federal Register on June 1, 2017,\41\ is November 28, 
2017. The 180th day for the proposed rule change published in the 
Federal Register on June 5, 2017,\42\ is December 2, 2017. The 180th 
day for the proposed rule changes published in the Federal Register on 
June 6, 2017,\43\ is December 3, 2017.
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    \34\ 15 U.S.C. 78s(b)(2).
    \35\ 15 U.S.C. 78s(b)(2)(B)(ii)(I).
    \36\ 15 U.S.C. 78s(b)(2)(B)(ii)(II)(aa).
    \37\ See supra note 22.
    \38\ See supra note 23.
    \39\ See supra note 24.
    \40\ See supra note 25.
    \41\ See supra note 26.
    \42\ See supra note 27.
    \43\ See supra note 28.
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    The Commission is extending the 180-day time period for Commission 
action on each of the proposed rule changes. The Commission finds it 
appropriate to designate a longer period within which to issue an order 
approving or disapproving the proposed rule changes so that it has 
sufficient time to consider the proposed rule changes, the issues 
raised in the comment letters that have been submitted in connection 
therewith, the Participants' response to the comments, and the 
amendments to the proposed rule changes.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\44\ designates January 14, 2018 as the date by which the 
Commission shall either approve or disapprove the proposed rule changes 
(File Nos. SR-BatsBYX-2017-11; SR-BatsBZX-2017-38; SR-BatsEDGA-2017-13; 
SR-BatsEDGX-2017-22; SR-BOX-2017-16; SR-BX-2017-023; SR-C2-2017-017; 
SR-CBOE-2017-040; SR-CHX-2017-08; SR-FINRA-2017-011; SR-GEMX-2017-17; 
SR-IEX-2017-16; SR-ISE-2017-45; SR-MIAX-2017-18; SR-MRX-2017-04; SR-
NASDAQ-2017-046; SR-NYSE-2017-22; SR-NYSEArca-2017-52; SR-NYSEMKT-2017-
26; SR-PEARL-2017-20; SR-PHLX-2017-37).
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    \44\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\45\
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    \45\ 17 CFR 200.30-3(a)(57).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-24781 Filed 11-15-17; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 220 / Thursday, November 16, 2017 / Notices 53549 rules/sro.shtml). Copies of the SECURITIES AND EXCHANGE 2017,8 May 16, 2017,9 and May 23, submission, all subsequent COMMISSION 2017,10 Bats BYX Exchange, Inc. (‘‘Bats amendments, all written statements BYX’’) (n/k/a Cboe BYX Exchange, with respect to the proposed rule [Release No. 34–82049; File Nos. SR– Inc.),11 Bats BZX Exchange, Inc. (‘‘Bats change that are filed with the BatsBYX–2017–11; SR–BatsBZX–2017–38; BZX’’) (n/k/a Cboe BZX Exchange, Commission, and all written SR–BatsEDGA–2017–13; SR–BatsEDGX– Inc.),12 Bats EDGA Exchange, Inc. (‘‘Bats communications relating to the 2017–22; SR–BOX–2017–16; SR–BX–2017– EDGA’’) (n/k/a Cboe EDGA Exchange, proposed rule change between the 023; SR–C2–2017–017; SR–CBOE–2017– Inc.),13 Bats EDGX Exchange, Inc. (‘‘Bats Commission and any person, other than 040; SR–CHX–2017–08; SR–FINRA–2017– EDGX’’) (n/k/a Cboe EDGX Exchange, those that may be withheld from the 011; SR–GEMX–2017–17; SR–IEX–2017–16; Inc.),14 BOX Options Exchange LLC SR–ISE–2017–45; SR–MIAX–2017–18; SR– public in accordance with the (‘‘BOX’’), C2 Options Exchange, MRX–2017–04; SR–NASDAQ–2017–046; provisions of 5 U.S.C. 552, will be SR–NYSE–2017–22; SR–NYSEArca–2017– Incorporated (‘‘C2’’) (n/k/a Cboe C2 available for Web site viewing and 52; SR–NYSEMKT–2017–26; SR–PEARL– Options Exchange, Inc.),15 Chicago printing in the Commission’s Public 2017–20; SR–PHLX–2017–37] Board Options Exchange, Incorporated Reference Room, 100 F Street NE., (‘‘CBOE’’) (n/k/a Cboe Exchange, Inc.),16 Washington, DC 20549 on official Self-Regulatory Organizations; Bats Chicago Stock Exchange, Inc. (‘‘CHX’’), business days between the hours of BYX Exchange, Inc.; Bats BZX Financial Industry Regulatory 10:00 a.m. and 3:00 p.m. Copies of such Exchange, Inc.; Bats EDGA Exchange, Authority, Inc. (‘‘FINRA’’), Investors filing also will be available for Inc.; Bats EDGX Exchange, Inc.; BOX Exchange LLC (‘‘IEX’’), Nasdaq ISE, LLC inspection and copying at the principal Options Exchange LLC; C2 Options (‘‘ISE’’), Miami International Securities office of the Exchange. All comments Exchange, Incorporated; Chicago Exchange, LLC (‘‘MIAX’’), MIAX received will be posted without change. Board Options Exchange, PEARL, LLC (‘‘PEARL’’), Nasdaq BX, Persons submitting comments are Incorporated; Chicago Stock Inc. (‘‘BX’’), Nasdaq GEMX, LLC cautioned that we do not redact or edit Exchange, Inc.; Financial Industry (‘‘GEMX’’), Nasdaq MRX, LLC (‘‘MRX’’), personal identifying information from Regulatory Authority, Inc.; Investors Nasdaq PHLX LLC (‘‘Phlx’’), The Exchange LLC; Miami International Nasdaq Stock Market LLC (‘‘Nasdaq’’), comment submissions. You should Securities Exchange, LLC; MIAX submit only information that you wish New York Stock Exchange LLC PEARL LLC; Nasdaq BX, Inc.; Nasdaq to make available publicly. All (‘‘NYSE’’), NYSE Arca, Inc. (‘‘NYSE GEMX, LLC; Nasdaq ISE, LLC; Nasdaq submissions should refer to File MRX, LLC; Nasdaq PHLX LLC; The Arca’’) and NYSE MKT LLC (‘‘NYSE Number SR–BatsBZX–2017–76, and Nasdaq Stock Market LLC; New York should be submitted on or before Stock Exchange LLC; NYSE Arca, Inc. 8 BOX Options Exchange LLC originally filed its December 7, 2017. proposed rule change on May 11, 2017 under File and NYSE MKT LLC; Notice of No. SR–BOX–2017–15, and subsequently withdrew For the Commission, by the Division of Designation of Longer Period for that filing and filed a proposed rule change on May Trading and Markets, pursuant to delegated Commission Action on Proceedings To 15, 2017. 9 Bats BYX Exchange, Inc., C2 Options Exchange, authority.13 Determine Whether To Approve or Disapprove Proposed Rule Changes Incorporated and Chicago Board Options Exchange, Eduardo A. Aleman, Incorporated filed their proposed rule changes on Assistant Secretary. To Establish Fees for Industry May 16, 2017. Bats EDGA Exchange, Inc. originally Members To Fund the Consolidated filed its proposed rule change on May 5, 2017 under [FR Doc. 2017–24777 Filed 11–15–17; 8:45 am] Audit Trail File No. SR–BatsEDGA–2017–11, and subsequently BILLING CODE 8011–01–P withdrew that filing on May 11, 2017 and filed a proposed rule change on May 16, 2017. November 9, 2017. 10 Bats BZX Exchange, Inc. filed its proposed rule changes on May 23, 2017. Bats EDGX Exchange, On May 1, 2017,1 May 2, 2017,2 May Inc. originally filed its proposed rule change on 3, 2017,3 May 8, 2017,4 May 9, 2017,5 May 5, 2017 under File No. SR–BatsEDGX–2017– May 10, 2017,6 May 12, 2017,7 May 15, 20, and subsequently withdrew that filing on May 10, 2017 and filed a proposed rule change on May 1 Miami International Securities Exchange, LLC 23, 2017. 11 See Securities Exchange Act Release No. 81952 and MIAX PEARL LLC filed their proposed rule changes on May 1, 2017. (October 26, 2017), 82 FR 50725 (November 1, 2 The Nasdaq Stock Market LLC and Nasdaq BX, 2017). The name change was not yet effective when Inc. filed their proposed rule changes on May 2, Bats BYX filed SR–BatsBYX–2017–11. 12 See Securities Exchange Act Release No. 81962 2017. 3 Chicago Stock Exchange, Inc. filed its proposed (October 26, 2017), 82 FR 50711 (November 1, rule change on May 3, 2017. 2017). The name change was not yet effective when 4 Financial Industry Regulatory Authority, Inc. Bats BZX filed SR–BatsBZX–2017–38. 13 See Securities Exchange Act Release No. 81957 filed its proposed rule change on May 8, 2017. 5 Investors Exchange LLC originally filed its (October 26, 2017), 82 FR 50716 (November 1, proposed rule change on May 3, 2017 under File 2017). The name change was not yet effective when No. SR–IEX–2017–13, and subsequently withdrew Bats EDGA filed SR–BatsEDGA–2017–13. 14 See Securities Exchange Act Release No. 81963 that filing and filed a proposed rule change on May 9, 2017. (October 26, 2017), 82 FR 50697 (November 1, asabaliauskas on DSKBBXCHB2PROD with NOTICES 6 The New York Stock Exchange LLC, NYSE Arca, 2017). The name change was not yet effective when Inc. and NYSE MKT LLC filed their proposed rule Bats EDGX filed SR–BatsEDGX–2017–22. 15 See Securities Exchange Act Release No. 81979 changes on May 10, 2017. 7 Nasdaq GEMX LLC, Nasdaq ISE, LLC, Nasdaq (October 30, 2017), 82 FR 51317 (November 3, MRX, LLC and Nasdaq PHLX LLC originally filed 2017). The name change was not yet effective when their proposed rule changes on May 3, 2017 under C2 filed SR–C2–2017–017. File Nos. SR–GEMX–2017–11, SR–ISE–2017–40, 16 See Securities Exchange Act Release No. 81981 SR–MRX–2017–03, and SR–PHLX–2017–35, and (October 30, 2017), 82 FR 51309 (November 3, subsequently withdrew those filings and filed 2017). The name change was not yet effective when 13 17 CFR 200.30–3(a)(12). proposed rule changes on May 12, 2017. CBOE filed SR–CBOE–2017–040. VerDate Sep<11>2014 16:52 Nov 15, 2017 Jkt 244001 PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 E:\FR\FM\16NON1.SGM 16NON1

53550 Federal Register / Vol. 82, No. 220 / Thursday, November 16, 2017 / Notices MKT’’) (n/k/a NYSE American LLC) 17 proposed rule changes submitted by C2, Commission temporarily suspended and (collectively, the ‘‘Participants’’) filed CBOE and Bats EDGA were published initiated proceedings to determine with the Securities and Exchange for comment in the Federal Register on whether to approve or disapprove the Commission (the ‘‘Commission’’), June 1, 2017.26 The proposed rule proposed rule changes.31 The pursuant to Section 19(b)(1) of the change submitted by Bats BYX was Commission thereafter received seven Securities Exchange Act of 1934 published for comment in the Federal comment letters,32 and a response to (‘‘Act’’) 18 and Rule 19b–4 thereunder,19 Register on June 5, 2017.27 The comments from the Participants.33 proposed rule changes to adopt fees to proposed rule changes submitted by NYSE, NYSE Arca and NYSE MKT filed be charged to Industry Members to fund Bats BZX and Bats EDGX were Amendment No. 1 to their proposed the consolidated audit trail (‘‘CAT’’).20 published for comment in the Federal rule changes on October 25, 2017. IEX The proposed rule changes were Register on June 6, 2017.28 The filed Amendment No. 1 to its proposed immediately effective upon filing with Commission received seven comment rule change on October 31, 2017. On the Commission pursuant to Section letters on the proposed rule change,29 November 3, 2017, Bats BYX, Bats BZX, 19(b)(3)(A) of the Act.21 The proposed and a response to comments from the Bats EDGA, Bats EDGX, CBOE and C2 rule changes submitted by MIAX and Participants.30 On June 30, 2017, the filed Amendment No. 1 to their PEARL were published for comment in proposed rule changes. Nasdaq, BX, the Federal Register on May 19, 2017.22 ISE–2017–45); 80726 (May 18, 2017), 82 FR 23915 Phlx, ISE, MRX, and GEMX filed The proposed rule changes submitted by (May 24, 2017) (SR–MRX–2017–04); and 80725 (May 18, 2017), 82 FR 23935 (May 24, 2017) (SR– Amendment No. 1 to their proposed BX, CHX, IEX, Nasdaq, NYSE, NYSE PHLX–2017–37). rule changes on November 6, 2017. On Arca and NYSE MKT were published 26 See Securities Exchange Act Release Nos. November 7, 2017, BOX, MIAX and for comment in the Federal Register on 80786 (May 26, 2017), 82 FR 25474 (June 1, 2017) PEARL filed Amendment No. 1 to their May 22, 2017.23 The proposed rule (SR–C2–2017–017); 80785 (May 26, 2017), 82 FR proposed rule changes. change submitted by FINRA was 25404 (June 1, 2017) (SR–CBOE–2017–040); and 80784 (May 26, 2017), 82 FR 25448 (June 1, 2017) Section 19(b)(2) of the Act 34 provides published for comment in the Federal (SR–BatsEDGA–2017–13). that, after instituting proceedings, the Register on May 23, 2017.24 The 27 See Securities Exchange Act Release No. 80809 Commission shall issue an order proposed rule changes submitted by (May 30, 2017), 82 FR 25837 (June 5, 2017) (SR– approving or disapproving a proposed BOX, GEMX, ISE, MRX and Phlx were BatsBYX–2017–11). 28 See Securities Exchange Act Release Nos. rule change not later than 180 days after published for comment in the Federal 80822 (May 31, 2017), 82 FR 26148 (June 6, 2017) the date of publication of notice of filing Register on May 24, 2017.25 The (SR–BatsBZX–2017–38); and 80821 (May 31, 2017), 82 FR 26177 (June 6, 2017) (SR–BatsEDGX–2017– 17 See Securities Exchange Act Release No. 80283 22). comments/sr-batsbyx-2017-11/batsbyx201711- 29 Since the Participants’ proposed rule changes 1832632-154584.pdf. (March 21, 2017), 82 FR 15244 (March 27, 2017). 31 See Securities Exchange Act Release No. 81067 The name change was not yet effective when NYSE to adopt fees to be charged to Industry Members to MKT filed SR–NYSEMKT–2017–26. fund the consolidated audit trail are substantively (June 30, 2017), 82 FR 31656 (July 7, 2017). 32 See Letter from W. Hardy Callcott, Partner, 18 15 U.S.C. 78s(b)(1). identical, the Commission is considering all 19 17 CFR 240.19b–4. comments received on the proposed rule changes Sidley Austin LLP, to Brent J. Fields, Secretary, 20 See infra notes 22–28. The National Market regardless of the comment file to which they were Commission (dated July 27, 2017), available at: submitted. See Letter from Theodore R. Lazo, https://www.sec.gov/comments/sr-batsbyx-2017-11/ System Plan Governing the Consolidated Audit batsbyx201711-2148338-157737.pdf; Letter from Trail (‘‘CAT NMS Plan’’) was published for Managing Director and Associate General Counsel, Securities Industry and Financial Markets Kevin Coleman, General Counsel and Chief comment in the Federal Register on May 17, 2016, Compliance Officer, Belvedere Trading LLC, to Association, to Brent J. Fields, Secretary, and approved by the Commission, as modified, on Brent J. Fields, Secretary, Commission (dated July Commission (dated June 6, 2017), available at: November 15, 2016. See Securities Exchange Act 28, 2017), available at: https://www.sec.gov/ https://www.sec.gov/comments/sr-batsbzx-2017-38/ Release Nos. 77724 (April 27, 2016), 81 FR 30614 comments/sr-batsbyx-2017-11/batsbyx201711- batsbzx201738-1788188-153228.pdf; Letter from (May 17, 2016) (‘‘CAT NMS Plan Notice’’); 79318 2148360-157740.pdf; Letter from Joanna Mallers, Patricia L. Cerny and Steven O’Malley, Compliance (November 15, 2016), 81 FR 84696 (November 23, Secretary, FIA Principal Traders Group, to Brent J. Consultants, to Brent J. Fields, Secretary, 2016) (‘‘CAT NMS Plan Approval Order’’). Fields, Secretary, Commission (dated July 28, 2017), 21 15 U.S.C. 78s(b)(3)(A). A proposed rule change Commission (dated June 12, 2017), available at: https://www.sec.gov/comments/sr-cboe-2017-040/ available at: https://www.sec.gov/comments/sr- may take effect upon filing with the Commission if cboe2017040-1799253-153675.pdf; Letter from batsbyx-2017-11/batsbyx201711-2151228- it is designated by the exchange as ‘‘establishing or Daniel Zinn, General Counsel, OTC Markets Group 157745.pdf; Letter from Theodore R. Lazo, changing a due, fee, or other charge imposed by the Inc., to Eduardo A. Aleman, Assistant Secretary, Managing Director and Associate General Counsel, self-regulatory organization on any person, whether Commission (dated June 13, 2017), available at: SIFMA, to Brent J. Fields, Secretary, Commission or not the person is a member of the self-regulatory https://www.sec.gov/comments/sr-finra-2017-011/ (dated July 28, 2017), available at: https:// organization.’’ 15 U.S.C. 78s(b)(3)(A)(ii). finra2017011-1801717-153703.pdf; Letter from www.sec.gov/comments/sr-batsbyx-2017-11/ 22 See Securities Exchange Act Release Nos. Joanna Mallers, Secretary, FIA Principal Traders batsbyx201711-2150977-157744.pdf; Letter from 80675 (May 15, 2017), 82 FR 23100 (May 19, 2017) Group, to Brent J. Fields, Secretary, Commission Stuart J. Kaswell, Executive Vice President and (SR–MIAX–2017–18); and 80676 (May 15, 2017), 82 (dated June 22, 2017), available at: https:// Managing Director, General Counsel, Managed FR 23083 (May 19, 2017) (SR–PEARL–2017–20). www.sec.gov/comments/sr-cboe-2017-040/ Funds Association, to Brent J. Fields, Secretary, 23 See Securities Exchange Act Release Nos. Commission (dated July 28, 2017), available at: cboe2017040-1819670-154195.pdf; Letter from 80697 (May 16, 2017), 82 FR 23398 (May 22, 2017) Stuart J. Kaswell, Executive Vice President and https://www.sec.gov/comments/sr-batsbyx-2017-11/ (SR–BX–2017–023); 80691 (May 16, 2017), 82 FR Managing Director, General Counsel, Managed batsbyx201711-2150818-157743.pdf; Letter from 23344 (May 22, 2017) (SR–CHX–2017–08); 80692 Funds Association, to Brent J. Fields, Secretary, John Kinahan, Chief Executive Officer, Group One (May 16, 2017), 82 FR 23325 (May 22, 2017) (SR– Commission (dated June 23, 2017), available at: Trading, L.P., to Brent J. Fields, Secretary, IEX–2017–16); 80696 (May 16, 2017), 82 FR 23439 https://www.sec.gov/comments/sr-finra-2017-011/ Commission (dated August 10, 2017), available at: (May 22, 2017) (SR–NASDAQ–2017–046); 80693 finra2017011-1822454-154283.pdf; and Letter from https://www.sec.gov/comments/sr-finra-2017-011/ (May 16, 2017), 82 FR 23363 (May 22, 2017) (SR– Suzanne H. Shatto, Investor, to Commission (dated finra2017011-2214568-160619.pdf; Letter from NYSE–2017–22); 80698 (May 16, 2017), 82 FR June 27, 2017), available at: https:/www.sec.gov/ Joseph Molluso, Executive Vice President and CFO, 23457 (May 22, 2017) (SR–NYSEArca–2017–52); Virtu Financial, to Brent J. Fields, Commission asabaliauskas on DSKBBXCHB2PROD with NOTICES comments/sr-batsedgx-2017-22/batsedgx201722- and 80694 (May 16, 2017), 82 FR 23416 (May 22, 154443.pdf. The Commission also received a (dated August 18, 2017), available at: https:// 2017) (SR–NYSEMKT–2017–26). comment letter which is not pertinent to these www.sec.gov/comments/sr-finra-2017-011/ 24 See Securities Exchange Act Release No. 80710 proposed rule changes. See Letter from Christina finra2017011-2238648-160830.pdf. (May 17, 2017), 82 FR 23639 (May 23, 2017) (SR– Crouch, Smart Ltd., to Brent J. Fields, Secretary, 33 See Letter from Michael Simon, Chair, CAT FINRA–2017–011). Commission (dated June 5, 2017), available at: NMS Plan Operating Committee, to Brent J. Fields, 25 See Securities Exchange Act Release Nos. htps://www.sec.gov/comments/sr-batsbzx-2017-38/ Commission, Secretary (dated November 2, 2017), 80721 (May 18, 2017), 82 FR 23864 (May 24, 2017) batsbzx201738-1785545-153152.htm. available at https://www.sec.gov/comments/sr- (SR–BOX–2017–16); 80713 (May 18, 2017), 82 FR 30 See Letter from CAT NMS Plan Participants to batsbyx-2017-11/batsbyx201711-2674608- 23956 (May 24, 2017) (SR–GEMX–2017–17); 80715 Brent J. Fields, Secretary, Commission (dated June 161412.pdf. (May 18, 2017), 82 FR 23895 (May 24, 2017) (SR– 29, 2017), available at: https://www.sec.gov/ 34 15 U.S.C. 78s(b)(2). VerDate Sep<11>2014 16:52 Nov 15, 2017 Jkt 244001 PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 E:\FR\FM\16NON1.SGM 16NON1

Federal Register / Vol. 82, No. 220 / Thursday, November 16, 2017 / Notices 53551 of the proposed rule change.35 The 046; SR–NYSE–2017–22; SR– program and helps to ensure that the Commission may, however, extend the NYSEArca–2017–52; SR–NYSEMKT– fund assets are subject to proper period for issuing an order approving or 2017–26; SR–PEARL–2017–20; SR– auditing procedures. The accountant’s disapproving the proposed rule change PHLX–2017–37). certificate stating that it has made an by not more than 60 days if the For the Commission, by the Division of examination, and describing the nature Commission determines that a longer Trading and Markets, pursuant to delegated and the extent of the examination, must period is appropriate and publishes the authority.45 be attached to Form N–17f–1 and filed reasons for such determination.36 The Eduardo A. Aleman, with the Commission promptly after 180th day for the proposed rule changes Assistant Secretary. each examination. The form facilitates published in the Federal Register on [FR Doc. 2017–24781 Filed 11–15–17; 8:45 am] the filing of the accountant’s certificates, May 19, 2017,37 is November 15, 2017. and increases the accessibility of the BILLING CODE 8011–01–P The 180th day for the proposed rule certificates to both Commission staff changes published in the Federal and interested investors. Register on May 22, 2017,38 is SECURITIES AND EXCHANGE Commission staff estimates that it November 18, 2017. The 180th day for COMMISSION takes: (i) 1 Hour of clerical time to the proposed rule change published in prepare and file Form N–17f–1; and (ii) the Federal Register on May 23, 2017,39 [SEC File No. 270–316, OMB Control No. 0.5 hour for the fund’s chief compliance is November 19, 2017. The 180th day for 3235–0359] officer to review Form N–17f–1 prior to the proposed rule changes published in filing with the Commission, for a total Proposed Collection; Comment of 1.5 hours. Each fund is required to the Federal Register on May 24, 2017,40 Request make 3 filings annually, for a total is November 20, 2017. The 180th day for the proposed rule changes published in Upon Written Request, Copies Available annual burden per fund of the Federal Register on June 1, 2017,41 From: Securities and Exchange approximately 4.5 hours.1 Commission is November 28, 2017. The 180th day for Commission, Office of FOIA Services, staff estimates that an average of 6 funds the proposed rule change published in 100 F Street NE., Washington, DC currently file Form N–17f–1 with the the Federal Register on June 5, 2017,42 20549–2736. Commission 3 times each year, for a is December 2, 2017. The 180th day for Extension: total of 18 responses annually.2 The the proposed rule changes published in Form N–17f–1 total annual hour burden for Form the Federal Register on June 6, 2017,43 N–17f–1 is therefore estimated to be is December 3, 2017. Notice is hereby given that pursuant approximately 27 hours.3 The Commission is extending the 180- to the Paperwork Reduction Act of 1995 The estimate of average burden hours day time period for Commission action (44 U.S.C. 3501 et seq.), the Securities is made solely for the purposes of the on each of the proposed rule changes. and Exchange Commission (the Paperwork Reduction Act, and is not The Commission finds it appropriate to ‘‘Commission’’) is soliciting comments derived from a comprehensive or even designate a longer period within which on the collections of information a representative survey or study of the to issue an order approving or summarized below. The Commission costs of Commission rules. Compliance disapproving the proposed rule changes plans to submit this existing collection with the collections of information so that it has sufficient time to consider of information to the Office of required by Form N–17f–1 is mandatory the proposed rule changes, the issues Management and Budget for extension for funds that place their assets in the raised in the comment letters that have and approval. custody of a national securities been submitted in connection therewith, Form N–17f–1 (17 CFR 274.219) is exchange member. Responses will not the Participants’ response to the entitled ‘‘Certificate of Accounting of be kept confidential. An agency may not comments, and the amendments to the Securities and Similar Investments of a conduct or sponsor, and a person is not proposed rule changes. Management Investment Company in required to respond to a collection of Accordingly, the Commission, the Custody of Members of National information unless it displays a pursuant to Section 19(b)(2) of the Securities Exchanges.’’ The form serves currently valid control number. Act,44 designates January 14, 2018 as the as a cover sheet to the accountant’s The Commission requests written date by which the Commission shall certificate that is required to be filed comments on: (a) Whether the either approve or disapprove the periodically with the Commission collections of information are necessary proposed rule changes (File Nos. SR– pursuant to rule 17f–1 (17 CFR 270.17f– for the proper performance of the BatsBYX–2017–11; SR–BatsBZX–2017– 1) under the Act, entitled ‘‘Custody of functions of the Commission, including 38; SR–BatsEDGA–2017–13; SR– Securities with Members of National whether the information has practical BatsEDGX–2017–22; SR–BOX–2017–16; Securities Exchanges,’’ which sets forth utility; (b) the accuracy of the SR–BX–2017–023; SR–C2–2017–017; the conditions under which a fund may Commission’s estimate of the burdens of SR–CBOE–2017–040; SR–CHX–2017– place its assets in the custody of a the collection of information; (c) ways to 08; SR–FINRA–2017–011; SR–GEMX– member of a national securities enhance the quality, utility, and clarity 2017–17; SR–IEX–2017–16; SR–ISE– exchange. Rule 17f–1 requires, among of the information collected; and (d) 2017–45; SR–MIAX–2017–18; SR– other things, that an independent public ways to minimize the burden of the MRX–2017–04; SR–NASDAQ–2017– accountant verify the fund’s assets at the collection of information on end of every annual and semi-annual respondents, including through the use asabaliauskas on DSKBBXCHB2PROD with NOTICES 35 15 U.S.C. 78s(b)(2)(B)(ii)(I). fiscal period, and at least one other time of automated collection techniques or 36 15 U.S.C. 78s(b)(2)(B)(ii)(II)(aa). during the fiscal year as chosen by the 37 See supra note 22. 38 See supra note 23. independent accountant. Requiring an 1 This estimate is based on the following independent accountant to examine the calculation: (1.5 hours × 3 responses annually = 4.5 39 See supra note 24. fund’s assets in the custody of a member hours). 40 See supra note 25. 2 This estimate is based on a review of Form 41 See supra note 26. of a national securities exchange assists N–17f–1 filings made with the Commission over the 42 See supra note 27. Commission staff in its inspection last three years. 43 See supra note 28. 3 This estimate is based on the following 44 15 U.S.C. 78s(b)(2). 45 17 CFR 200.30–3(a)(57). calculations: (4.5 hours × 6 funds = 27 total hours). VerDate Sep<11>2014 16:52 Nov 15, 2017 Jkt 244001 PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 E:\FR\FM\16NON1.SGM 16NON1


Document Created: 2017-11-16 03:53:00
Document Modified: 2017-11-16 03:53:00
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation82 FR 53549 
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