82 FR 9617 - Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish MIAX PEARL Top of Market (“ToM”) and MIAX PEARL Liquidity Feed (“PLF”) Data Products
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 24 (February 7, 2017)
Federal Register Volume 82, Issue 24 (February 7, 2017)
| Page Range | 9617-9619 | |
| FR Document | 2017-02441 |
[Federal Register Volume 82, Number 24 (Tuesday, February 7, 2017)] [Notices] [Pages 9617-9619] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-02441] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-79913; File No. SR-PEARL-2017-01] Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish MIAX PEARL Top of Market (``ToM'') and MIAX PEARL Liquidity Feed (``PLF'') Data Products February 1, 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 January 19, 2017, MIAX PEARL, LLC (``MIAX PEARL'' or ``Exchange'') filed with the Securities and Exchange Commission (``Commission'') a 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 is filing a proposal to establish certain market data products. The text of the proposed rule change is available on the Exchange's Web site at http://www.miaxoptions.com/rule-filings/pearl, at MIAX PEARL's principal office, and at the Commission's Public Reference Room. [[Page 9618]] II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to establish the MIAX PEARL Top of Market (``ToM'') and MIAX PEARL Liquidity Feed (``PLF'') data products. ToM provides market participants with a direct data feed that includes the Exchange's best bid and offer, with aggregate size, and last sale information, based on order and quoting interest on the Exchange. The ToM data feed includes data that is identical to the data sent to the processor for the Options Price Reporting Authority (``OPRA''). The ToM and OPRA data leave the MIAX PEARL System \3\ at the same time, as required under Section 5.2(c)(iii)(B) of the Limited Liability Company Agreement of the Options Price Reporting Authority LLC (the ``OPRA Plan''), which prohibits the dissemination of proprietary information on any more timely basis than the same information is furnished to the OPRA system for inclusion in OPRA's consolidated dissemination of options information. ToM will also contain a feature that provides the number of Priority Customer \4\ contracts that are included in the size associated with the Exchange's best bid and offer. --------------------------------------------------------------------------- \3\ The term ``System'' means the automated trading system used by the Exchange for the trading of securities. See Exchange Rule 100. \4\ The term ``Priority Customer'' means a person or entity that (i) is not a broker or dealer insecurities, and (ii) does not place more than 390 orders in listed options per day on average during a calendar month for its own beneficial account(s). See Exchange Rule 100. --------------------------------------------------------------------------- PLF is a real-time full order book data feed that provides information for orders on the MIAX PEARL order book. PLF will provide real-time information to enable users to keep track of the simple order book for all symbols listed on MIAX PEARL. PLF will provide the following real-time data to its users with respect to each order for the entire order book: Origin, limit price, side, size, and time-in- force (e.g., day, GTC). It is a compilation of data for orders residing on the Exchange's order book for options traded on the Exchange that the Exchange provides through a real-time multi-cast data feed. The Exchange updates the information upon receipt of each order or change in status to any order resting on the book (e.g., routing, trading, or cancelling of the order). PLF will provide subscribers with specific order book data that should enhance their ability to analyze market conditions, and to create and test trading models and analytical strategies. The Exchange believes the PLF is a valuable tool that subscribers can use to gain comprehensive insight into the limit order book in a particular option. The proposed data products provide valuable information that can help subscribers make informed investment decisions, and operate in the same manner as similar data products offered by the Miami International Securities Exchange, LLC (``MIAX Options''), namely the MIAX Options Top of Market data product (``MIAX ToM'') \5\ and the MIAX Options Order Feed data product (``MOR'').\6\ Each of these proposed data products is available to members and non-members, and to both professional and non-professional subscribers. --------------------------------------------------------------------------- \5\ For a complete description of the MIAX Options ToM data product, see Securities Exchange Act Release No. 69007 (February 28, 2013), 78 FR 14617 (March 6, 2013) (SR-MIAX-2013-05); Securities Exchange Act Release No. 69518 (May 6, 2013), 78 FR 27462 (May 10, 2013) (SR-MIAX-2013-18); Securities Exchange Act Release No. 73395 (October 21, 2014), 79 FR 63979 (October 27, 2014) (SR-MIAX-2014- 53). \6\ For a complete description of the MOR data product, see Securities Exchange Act Release No. 74759 (April 17, 2015), 80 FR 22749 (April 23, 2015) (SR-MIAX-2015-28). --------------------------------------------------------------------------- The Exchange represents that it will make ToM and PLF equally available to any market participant that wishes to subscribe to it. The Exchange will establish monthly fees for the ToM data product and the PLF data product by way of separate proposed rule changes, which the Exchange will submit after the ToM and PLF products are established. 2. Statutory Basis MIAX PEARL believes that its proposed rule change is consistent with Section 6(b) of the Act \7\ in general, and furthers the objectives of Section 6(b)(5) of the Act \8\ in particular, in that it is 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 facilitating transactions in securities, to remove impediments to and perfect the mechanisms of a free and open market and a national market system and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \7\ 15 U.S.C. 78f(b). \8\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- The ToM market data product is designed to promote just and equitable principles of trade by providing all subscribers with top of market data that includes the Exchange's best bid and offer, with aggregate size, and last sale information, based on order and quoting interest on the Exchange that should enable them to make informed decisions on trading on MIAX PEARL by using the ToM data to assess current market conditions that directly affect such decisions. The PLF market data product is designed to promote just and equitable principles of trade by providing all subscribers with limit order book data that should enable them to make informed decisions on trading MIAX PEARL options by using the PLF data to assess current market conditions that directly affect such decisions. The proposed ToM and PLF market data products facilitate transactions in securities, remove impediments to and perfect the mechanisms of a free and open market and a national market system by enhancing the subscriber's ability to make decisions on trading strategy and by providing data which should help bring about such decisions in a timely manner to the protection of investors and the public interest. The market data provided by both ToM and PLF removes impediments to, and is designed to further perfect, the mechanisms of a free and open market and a national market system by making the MIAX PEARL market more transparent and accessible to market participants making routing decisions concerning their options orders. The Exchange notes that the data provided on each of these data products are similar to and provide the same data as provided by data products of MIAX Options with respect to options traded on that exchange.\9\ The Exchange believes that it is in the public interest to make similar information available with respect to options traded on MIAX PEARL. --------------------------------------------------------------------------- \9\ See supra notes 5 and 6. --------------------------------------------------------------------------- The proposed ToM and PLF market data products are also designated to protect investors and the public interest by providing data to subscribers that is already currently available on other [[Page 9619]] competing exchanges which are similar to MIAX PEARL \10\ and will enable MIAX PEARL to compete with such other exchanges, thereby offering market participants with additional data in order to seek the market center with the best price and the most liquidity on which to execute their transactions, all to the benefit of investors and the public interest, and to the marketplace as a whole. --------------------------------------------------------------------------- \10\ ISE Gemini, LLC (``Gemini'') is a maker-taker pricing model exchange similar to MIAX PEARL and has similar data products to ToM and PLF available to Gemini's users, including the ISE Gemini TOP Quote and ISE Gemini Order Feed. See ISE Gemini Fee Schedule Sections V.A (ISE Gemini Order Feed) and V.B (ISE Gemini TOP Quote); see Securities Exchange Act Release No. 71087 (December 17, 2013), 78 FR 77545 (December 23, 2013) (SR-Topaz-2013-17). --------------------------------------------------------------------------- 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. On the contrary, the Exchange believes that the new market data products will enhance competition in the U.S. options markets by providing users of MIAX PEARL market data products that are similar to that which are currently provided on other competing options exchanges.\11\ --------------------------------------------------------------------------- \11\ Id. --------------------------------------------------------------------------- C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others Written comments were neither solicited nor 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 after the date of the filing, or such shorter time as the Commission may designate, it has become effective pursuant to 19(b)(3)(A) of the Act \12\ and Rule 19b-4(f)(6) \13\ thereunder. --------------------------------------------------------------------------- \12\ 15 U.S.C. 78s(b)(3)(A). \13\ 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. --------------------------------------------------------------------------- The Exchange has asked the Commission to waive the 30-day operative delay so that the proposal may become operative immediately upon filing. The Exchange has noted that waiving the operative delay would enable the Exchange to make the ToM and PLF market data products available to subscribers at the time of the launch of trading on the Exchange, which is scheduled for February 6, 2017. The Exchange has further argued that this would enable the Exchange to better compete with other exchanges by offering market participants additional data in order to seek the market center with the best prices and the most liquidity on which to execute their transactions. The Commission believes that waiving the 30-day operative delay is consistent with the protection of investors and the public interest, because such waiver will enable the Exchange to begin offering these data products at the time of the launch of trading on the Exchange. In addition, as noted by the Exchange, the proposal is consistent with the rules of other self- regulatory organizations previously approved by the Commission.\14\ For these reasons, the Commission designates the proposed rule change as operative upon filing.\15\ --------------------------------------------------------------------------- \14\ See supra notes 5 and 6. \15\ For purposes only of waiving the 30-day operative delay, the Commission has considered the proposed rule's impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). --------------------------------------------------------------------------- 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 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-PEARL-2017-01 on the subject line. Paper Comments Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-PEARL-2017-01. 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; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-PEARL-2017-01 and should be submitted on or before February 28, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\16\ --------------------------------------------------------------------------- \16\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-02441 Filed 2-6-17; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 82, No. 24 / Tuesday, February 7, 2017 / Notices 9617
closely correlated than the SPX would notice is filed, or the date further http://www.theocc.com/components/
mitigate risk because it would enhance information requested by the docs/legal/rules_and_bylaws/sr_occ_17_
the accuracy of margin requirements in Commission is received, if the 801.pdf.
STANS. Commission notifies the clearing agency All comments received will be posted
Under the proposed change, a floor of in writing that it does not object to the
the sample variance would be without change; the Commission does
proposed change and authorizes the
introduced with respect to each scale not edit personal identifying
clearing agency to implement the
factor. The sample variance floor would proposed change on an earlier date, information from submissions. You
mitigate pro-cyclicality risk in the subject to any conditions imposed by should submit only information that
relevant return scenarios because it the Commission. you wish to make available publicly.
would potentially result in the OCC shall post notice on its Web site All submissions should refer to File
collection of more margin during of proposed changes that are Number SR–OCC–2017–801 and should
periods of relatively lower market implemented. be submitted on or before February 28,
volatility. In the absence of using the The proposal shall not take effect 2017.
sample variance as a floor, the margin until all regulatory actions required
collected could drop significantly with respect to the proposal are By the Commission.
during periods of low volatility and completed. Eduardo A. Aleman,
then dramatically increase when, Assistant Secretary.
IV. Solicitation of Comments
between monthly updates to a pending [FR Doc. 2017–02443 Filed 2–6–17; 8:45 am]
time series, market events cause Interested persons are invited to
BILLING CODE 8011–01–P
increases in the variance of the submit written data, views and
underlying data set for the scale factor. arguments concerning the foregoing,
OCC would also implement including whether the advance notice is SECURITIES AND EXCHANGE
processing changes that would update consistent with the Act. Comments may
COMMISSION
the statistical models for common be submitted by any of the following
factors related to Treasury securities on methods:
a daily basis. These model changes [Release No. 34–79913; File No. SR–
Electronic Comments PEARL–2017–01]
would allow OCC to monitor and
respond to material changes in the • Use the Commission’s Internet
comment form (http://www.sec.gov/ Self-Regulatory Organizations; MIAX
volatility of Treasury securities while
also mitigating pro-cyclicality. The rules/sro.shtml); or PEARL, LLC; Notice of Filing and
proposed enhancements would promote • Send an email to rule-comments@ Immediate Effectiveness of a Proposed
a more accurate approach to margining sec.gov. Please include File Number SR– Rule Change To Establish MIAX
within STANS, as it relates to Treasury OCC–2017–801 on the subject line. PEARL Top of Market (‘‘ToM’’) and
securities, particularly when markets Paper Comments MIAX PEARL Liquidity Feed (‘‘PLF’’)
are volatile because the daily statistical Data Products
• Send paper comments in triplicate
updates would mitigate the risk that the
to Secretary, Securities and Exchange February 1, 2017.
model would become stale between
Commission, 100 F Street NE., Pursuant to Section 19(b)(1) of the
monthly updates.
For the foregoing reasons, OCC Washington, DC 20549. Securities Exchange Act of 1934
believes that the proposed change All submissions should refer to File (‘‘Act’’),1 and Rule 19b–4 thereunder,2
would enhance OCC’s management of Number SR–OCC–2017–801. This file notice is hereby given that on January
risk and reduce the nature or level of number should be included on the 19, 2017, MIAX PEARL, LLC (‘‘MIAX
risk presented to OCC. subject line if email is used. To help the
PEARL’’ or ‘‘Exchange’’) filed with the
Commission process and review your
III. Date of Effectiveness of the Advance Securities and Exchange Commission
comments more efficiently, please use
Notice and Timing for Commission (‘‘Commission’’) a proposed rule change
only one method. The Commission will
Action post all comments on the Commission’s as described in Items I, II, and III, below,
Internet Web site (http://www.sec.gov/ which Items have been prepared by the
The proposed change may be
implemented if the Commission does rules/sro.shtml). Copies of the Exchange. The Commission is
not object to the proposed change submission, all subsequent publishing this notice to solicit
within 60 days of the later of (i) the date amendments, all written statements comments on the proposed rule change
the proposed change was filed with the with respect to the advance notice that from interested persons.
Commission or (ii) the date any are filed with the Commission, and all I. Self-Regulatory Organization’s
additional information requested by the written communications relating to the Statement of the Terms of Substance of
Commission is received. OCC shall not advance notice between the the Proposed Rule Change
implement the proposed change if the Commission and any person, other than
Commission has any objection to the those that may be withheld from the The Exchange is filing a proposal to
proposed change. public in accordance with the establish certain market data products.
The Commission may extend the provisions of 5 U.S.C. 552, will be The text of the proposed rule change is
period for review by an additional 60 available for Web site viewing and available on the Exchange’s Web site at
days if the proposed change raises novel printing in the Commission’s Public http://www.miaxoptions.com/rule-
Lhorne on DSK30JT082PROD with NOTICES
or complex issues, subject to the Reference Room, 100 F Street NE., filings/pearl, at MIAX PEARL’s
Commission or the Board of Governors Washington, DC 20549 on official principal office, and at the
of the Federal Reserve System providing business days between the hours of Commission’s Public Reference Room.
the clearing agency with prompt written 10:00 a.m. and 3:00 p.m. Copies of the
notice of the extension. A proposed filing also will be available for
change may be implemented in less inspection and copying at the principal 1 15 U.S.C. 78s(b)(1).
than 60 days from the date the advance office of OCC and on OCC’s Web site at 2 17 CFR 240.19b–4.
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![Federal Register / Vol. 82, No. 24 / Tuesday, February 7, 2017 / Notices 9619
competing exchanges which are similar filing. The Exchange has noted that Commission, 100 F Street NE.,
to MIAX PEARL 10 and will enable waiving the operative delay would Washington, DC 20549–1090.
MIAX PEARL to compete with such enable the Exchange to make the ToM
other exchanges, thereby offering market and PLF market data products available All submissions should refer to File
participants with additional data in to subscribers at the time of the launch Number SR–PEARL–2017–01. This file
order to seek the market center with the of trading on the Exchange, which is number should be included on the
best price and the most liquidity on scheduled for February 6, 2017. The subject line if email is used. To help the
which to execute their transactions, all Exchange has further argued that this Commission process and review your
to the benefit of investors and the public would enable the Exchange to better comments more efficiently, please use
interest, and to the marketplace as a compete with other exchanges by only one method. The Commission will
whole. offering market participants additional post all comments on the Commission’s
data in order to seek the market center Internet Web site (http://www.sec.gov/
B. Self-Regulatory Organization’s
Statement on Burden on Competition with the best prices and the most rules/sro.shtml). Copies of the
liquidity on which to execute their submission, all subsequent
The Exchange does not believe that transactions. The Commission believes amendments, all written statements
the proposed rule change will impose that waiving the 30-day operative delay with respect to the proposed rule
any burden on competition that is not is consistent with the protection of change that are filed with the
necessary or appropriate in furtherance investors and the public interest, Commission, and all written
of the purposes of the Act. On the because such waiver will enable the communications relating to the
contrary, the Exchange believes that the Exchange to begin offering these data
new market data products will enhance proposed rule change between the
products at the time of the launch of Commission and any person, other than
competition in the U.S. options markets trading on the Exchange. In addition, as
by providing users of MIAX PEARL those that may be withheld from the
noted by the Exchange, the proposal is public in accordance with the
market data products that are similar to consistent with the rules of other self-
that which are currently provided on provisions of 5 U.S.C. 552, will be
regulatory organizations previously available for Web site viewing and
other competing options exchanges.11 approved by the Commission.14 For printing in the Commission’s Public
C. Self-Regulatory Organization’s these reasons, the Commission
Reference Room, 100 F Street NE.,
Statement on Comments on the designates the proposed rule change as
Washington, DC 20549, on official
Proposed Rule Change Received From operative upon filing.15
business days between the hours of
Members, Participants, or Others At any time within 60 days of the
filing of the proposed rule change, the 10:00 a.m. and 3:00 p.m. Copies of the
Written comments were neither filing also will be available for
solicited nor received. Commission summarily may
temporarily suspend such rule change if inspection and copying at the principal
III. Date of Effectiveness of the it appears to the Commission that such office of the Exchange. All comments
Proposed Rule Change and Timing for action is necessary or appropriate in the received will be posted without change;
Commission Action public interest, for the protection of the Commission does not edit personal
Because the foregoing proposed rule investors, or otherwise in furtherance of identifying information from
change does not: (i) Significantly affect the purposes of the Act. If the submissions. You should submit only
the protection of investors or the public Commission takes such action, the information that you wish to make
interest; (ii) impose any significant Commission shall institute proceedings available publicly. All submissions
burden on competition; and (iii) become to determine whether the proposed rule should refer to File Number SR–
operative for 30 days after the date of should be approved or disapproved. PEARL–2017–01 and should be
the filing, or such shorter time as the submitted on or before February 28,
IV. Solicitation of Comments
Commission may designate, it has 2017.
become effective pursuant to 19(b)(3)(A) Interested persons are invited to
For the Commission, by the Division of
of the Act 12 and Rule 19b–4(f)(6) 13 submit written data, views, and
Trading and Markets, pursuant to delegated
thereunder. arguments concerning the foregoing,
authority.16
The Exchange has asked the including whether the proposed rule
Commission to waive the 30-day change is consistent with the Act. Eduardo A. Aleman,
operative delay so that the proposal may Comments may be submitted by any of Assistant Secretary.
become operative immediately upon the following methods: [FR Doc. 2017–02441 Filed 2–6–17; 8:45 am]
BILLING CODE 8011–01–P
10 ISE Gemini, LLC (‘‘Gemini’’) is a maker-taker
Electronic Comments
pricing model exchange similar to MIAX PEARL • Use the Commission’s Internet
and has similar data products to ToM and PLF
available to Gemini’s users, including the ISE
comment form (http://www.sec.gov/
Gemini TOP Quote and ISE Gemini Order Feed. See rules/sro.shtml); or
ISE Gemini Fee Schedule Sections V.A (ISE Gemini • Send an email to rule-comments@
Order Feed) and V.B (ISE Gemini TOP Quote); see sec.gov. Please include File Number SR–
Securities Exchange Act Release No. 71087
(December 17, 2013), 78 FR 77545 (December 23, PEARL–2017–01 on the subject line.
2013) (SR–Topaz–2013–17).
11 Id.
Paper Comments
12 15 U.S.C. 78s(b)(3)(A).
• Send paper comments in triplicate
Lhorne on DSK30JT082PROD with NOTICES
13 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
to Secretary, Securities and Exchange
4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
14 Seesupra notes 5 and 6.
the proposed rule change at least five business days
prior to the date of filing of the proposed rule 15 Forpurposes only of waiving the 30-day
change, or such shorter time as designated by the operative delay, the Commission has considered the
Commission. The Exchange has satisfied this proposed rule’s impact on efficiency, competition,
requirement. and capital formation. See 15 U.S.C. 78c(f). 16 17 CFR 200.30–3(a)(12).
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Document Created: 2017-02-07 00:28:00
Document Modified: 2017-02-07 00:28:00
| 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 9617 |
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